Invest in a property and obtain a Golden Visa Portugal allows the holder free movement meaning that one can live, work, and study in Portugal and anywhere else within the European Union, European Economic Area, Switzerland and the United Kingdom.

For a minimum investment of €500,000 the Golden Visa Portugal has the following benefits:

  • Travel visa-free to 186 countries
  • Includes family members
  • Renewable every two years with no residency requirements
  • Citizenship is possible in 5 years.

Golden Visa Portugal real estate purchase

The Golden Visa Portugal real estate option is perhaps the most popular way to get residency in Portugal. This is because Portugal is seen as a prime destination among property investors, with a flourishing real estate market, high rental yields, and booming tourism industry.

Many expats invest in a property in Portugal for tourism purposes, or to serve as a second home or a retirement destination. You can invest in newly-built properties in thriving Lisbon or Porto. However, the Portuguese government would like to transfer the focus of real estate investments from the high-density areas like Lisbon, Porto, the Algrave, and the high-density coastal towns like Setubal and the Silver Coast to low-density areas like the Azores, Madeira and the cities and towns in the interior of Portugal.

  • Invest in a property of €350,000 in a low-density area requiring rehabilitation or located in urban re-generation areas. The property for sale must at least be more than thirty years old and undergoing renovation.
  • Invest in a property of €500,00 for all other properties in Portugal.

Golden Visa Portugal capital investment options

Investing in private equity funds or Golden Visa Portugal venture capital funds is a good option for acquiring residency in Portugal. The funds are managed by fund managers who are accredited by Portugal’s regulatory body, the Portuguese Securities Market Commission or CMVM. Your dedicated fund manager ensures that the Golden Visa Portugal fund investments are appropriately invested in areas like energy, industry, healthcare, technology; in start-ups or medium-sized projects with optimal growth potential.

These are the possible investment options:

  • A capital transfer of at least €1.5 million.
  • A €500,000 investment into private equity or venture capital funds providing capital to specified companies .
  • A €500,000 investment in companies that are scientific or technological in nature.
  • A €500,000 business investment in the form of either the purchase of shares in a Portuguese company or setting up a company in sectors like energy, industry, technology, and real estate.
  • Generate at least five permanent jobs for at least three years for Portuguese citizens.

Benefits of capital investments Portugal

  • Dividends and capital gains returned to investors may be tax-exempt for venture capital funds.
  • Some funds have a minimum return hurdle-rate.
  • A handful of funds are supported by the Portuguese government through subsidies or financed by the IFD (Instituição Financiera de Desenvolvimiento).
  • The funds are regulated and they comply with the Portuguese Securities Market Commission rules.
  • Opportunity to invest directly in real estate development in Portugal.

Fund investment vs real estate purchase

  • Diversification of investment vs one or two properties.
  • Tax advantages on fund earnings vs withholding taxes.
  • Low acquisition fees vs IMT tax and stamp duty.
  • Professional fund managers vs yourself or a costly third property manager.
  • Save time and legal fees vs requirements from property holder.
  • Portuguese funds are considered “risk funds” vs stable real estate market.
  • Funds do not guarantee the invested return or a stable yield vs guaranteed rent.
  • Funds need to held for at least six years vs no minimum term for real estate investment.

It must be noted that you only have until the end of 2021 to enjoy the minimum investment of €350,000 for capital funds.

Speak to one of our Golden Visa Portugal Consultants so we can understand your objectives and help you move forward. We have an experienced, hands-on team, who help clients from around the world acquire real estate or diversify their investment portfolio with safe and robust investments.

According to the Global Wealth Migration Review, five thousand Indian millionaires or two percent of the high-net worth individuals left the country in 2020 and interest continues to grow. This led to an outflow of wealth that ranked third highest in the world. In this article we are going to explain how to get Turkish citizenship by investment

In an article published by the Times of India in February 13, 2021, India’s rich rank number one in looking to leave the country, sixty three percent up from 2019.

The citizenship by investment programs are the most popular programs that India’s rich are looking at and exploring, even as India does not permit dual citizenship.

Wealthy Indians are looking for a haven where they feel personally safe, where their family assets are not only protected but can be spread across several jurisdictions; a place where there more options and new opportunities for themselves and their immediate family members. Wealthy Indians are also looking at the increased mobility a UK visa can provide and the added option to settle anywhere in EU.

Turkey’s citizenship by investment program

Turkish Citizenship by Investment Program is one of the most popular citizenship by investment programs in the world. By reducing its required minimum real estate investment from US$500,000 to US$250,000 in 2018, it has attracted 35,000 plus applicants from 2018-2020.

Despite the Covid-19 pandemic in 2020, the program still realized about 14,000 approved applicants, higher than any citizenship by investment program worldwide.

Turkey’s Citizenship by Investment program is most popular in the Middle East, especially in countries like Iraq, Iran and Afghanistan where applicants face numerous sanctions and limitations from other citizenship by investment programs.

Benefits of the Turkish Citizenship by Investment Program:

  • The Turkish passport has visa-free access to 125 countries and territories all over the world. However, it does not benefit from visa-free travel to the Schengen areas.
  • Turkey holds an E-2 visa treaty with the United States. This means that once the applicant becomes a citizen of Turkey, he can apply for US residency through the E-2 visa program. This is a much quicker and more cost-effective route for the Turkish citizen.
  • Turkey also has an agreement with the United Kingdom through the Turkish Businessperson Visa wherein the holder of a Turkish passport who would like to establish a business or has employment options in the United Kingdom can apply for a special business visa from the United Kingdom and start the process for applying for British citizenship.
  • Turkey allows dual citizenship.
  • Spouses, children below 18 years old and parents who are dependents of the applicant can avail of Turkish passports.
  • Residency in Turkey is not required.
  • Turkish language proficiency is not required.
  • Applicants are required to hold their real estate purchases for three years, after which they can sell the property or hold the property for five years and not have to pay capital gains tax.
  • An applicant can earn an average of 8% annually on real estate rentals
  • An applicant can avail of the same health and education services as Turkish citizens

Requirements of the Turkish Citizenship by Investment Program:

Option 1

  • US$250,000 real estate investment in one or several properties
  • The program features a straightforward application process without any obligation to declare the investor’s assets or income generated in other countries.
  • The physical presence of the applicant is also not required.
  • There is a wide-range of property choices from modern apartments to luxury seafront villas at very competitive prices. Istanbul and holiday destination Antalya are the most popular. Property owners can choose to rent their properties with an average return on investment of 8%. Investors are not limited to one property and can invest in several properties. Investors can resell after 3 years or after 5 years and not have to pay capital gains tax.
  • Applicants can take out loans for real estate investments and the government has brought down mortgage loan rates by state lenders and well-known property construction firms offer good discounts.

Option 2

  • US$500,000 deposit in a Turkish bank for at least 3 years. Applicant can also make a fixed-asset investment that has been confirmed by the Ministry of Industry and Technology or invest in government bonds with the potential to receive interest as income. Investments need to be kept for at least 3 years.

Option 3

  • US$500,000 capital investment in a Turkish Real Estate Investment Trust or a venture capital fund or set up a business and create employment for at least 50
  • Turkish citizens confirmed by the Ministry of Labor and Social Security.
  • The Turkish Citizenship by Investment Program is certainly worth looking into especially after all the appealing changes they have made to the program. Turkey also benefits from the citizenship by investment program as it boosts investment in the economy and shores up the lira. It is therefore, a win-win situation for both Turkey and the applicant.

Canada has been consistently rated by the United Nations as the world’s best country to live in. It’s standard of living is considered one of the highest is the world and is a politically and economically stable country. It is rich in natural resources and has the world’s second-largest oil reserves and the fourth-largest supply of fresh water. You can live there with the Canadian citizenship by buying property.

Canada has several world-class cities that are cosmopolitan, a diversified business environment, vibrant social scene, a wealth of cultural events and a friendly, almost laid-back lifestyle. It has an excellent educational system that includes four of world’s top 100 universities as ranked by QS World University Rankings, 2018. Five of the world’s top 100 business schools are also in Canada.

The Canadian real estate market, despite the worldwide pandemic is booming and is up 23% since Jan 2021. The high return on income and demand has never been higher and the outlook for investing has been very positive. Canada is a safe place to invest long-term with guaranteed solid returns. Now is the right time to invest in real estate and obtain a Canadian citizenship by buying a property.

What are the five best cities in Canada to live?  

Vancouver, British Columbia

Vancouver is probably one of the world’s most beautiful cities with mountain views almost anywhere in the city. It boasts of an abundance of open spaces that are dedicated to wildlife preservation and conservation. It is the perfect city for nature lovers with many natural amenities and an unequaled transportation network that connects all the 21 municipalities of Vancouver. Its multi-cultural population contributes to its success as a vibrant and cosmopolitan city.

Vancouver can be considered a university town with five universities located in the area. This includes the top-rated University of British Columbia (UBC) and Simon Fraser University that produce top notch and highly-skilled workers that are snapped up by the many companies located in Vancouver. The unemployment rate is a very low 4.5%.

There is a whole range of properties to choose from in the Vancouver and the rates are at all time low but with potential to shoot up in the near future.

Burlington, Ontario

Burlington is located in the south-western end of Lake Ontario and is perfect for those who want to live in a city but still be close to nature and the outdoors as it has almost 600 hectares of parkland. Like Vancouver, it has an excellent transportation system, low unemployment, lots of schools including universities to choose from, accessible healthcare facilities.

Burlington has a broad economic with diverse industries such as food processing, packaging, electronics, transport, business services, pharmaceuticals and environmental.

Ottawa, Ontario

Ottawa is Canada’s capital but has a relatively small population of less than a million people. Like Vancouver and Burlington, it has high standards of living. It has excellent educational facilities, an impressive cultural scene and a very competitive real estate market. For the capital, house prices are low but with the potential to increase post-pandemic.

Boucherville, Quebec

Boucherville is one of the oldest municipalities in Quebec and has a very small population of only 43,000 people. It is just 18 kilometers outside Montreal and is perfect for those who want to live closer to nature but want to be near a city. It has many beautiful nature areas that can be enjoyed with bike-friendly streets and lots of outdoor and sports activities.

Boucherville is home to industries like aerospace, software, electronics, pharmaceuticals, manufacturing, and transportation that employ most of the working population and pay relatively good salaries. A fluency in French is a requirement to live in Boucherville or in any area in Quebec.

Montreal, Quebec

Despite its being a major city of Canada, Montreal has the lowest rents of all the major cities. It is the epicenter of art and culture and has lots of restaurants and cafes. The cost of living is lower than the major Canadian cities like Vancouver or Ottawa work and the quality of life is high with life-work balance perfectly embedded in the lifestyle.

Quebec investor visa

There is only one way by which an applicant can attain permanent residency in Quebec and that is through an investment in a government guaranteed investment. This investment can either be a full or financed investment.

Full investment

A full investment has the following requirements:

  • Applicant must invest a minimum of Canadian$1,200,000.00 in a government guaranteed investment for five years.
  • Applicant must be aware that this is a passive but risk-free investment.
  • The full amount will be returned will be returned after 20 days after the fifth year but without any interest earned.

Financed investment

A financed investment has the following requirements:

  • Applicant must invest a minimum of Canadian$350,00.00 to finance a closed 62 months term loan through an approved intermediary
  • Applicant must be aware that this amount will not be reimbursed at the end of the five-year holding period.
  • This kind of investment are for those investors who do not want to liquidate their assets to pay the full sum, or those that want to have free capital available for other investments during the five years holding period.

Funds from these investments will be used to finance two Quebec assistance Programs:

  • Immigrant Investor Program
  • Employment Integration Program for Immigrants and Visible Minorities

Canadian residence permit

Express entry

This program is very specific to highly qualified foreigners who are employed by an affiliated company or in search of a job. There are several work programs that could lead to a permanent residency.

  • Federal Skilled Worker Program

This program is for those who have skills, knowledge and work experience in specialized areas that have been determined by the Canadian government.   An applicant must present a diploma or bachelor’s degree that will prove that he or she has the necessary academic training for the job which will be evaluated by a qualified and equivalent Canadian institute.  Applicant must also have at least one year work experience in the profession indicated and must have been a paid and full-time employee.  The applicant must also have a minimum of Can$12,475 to cover his or her stay while still looking for a job.  If the applicant has a partner or family, then the amount is even higher.

  • Federal Skilled Trades

This program is for skilled laborers and workers who have the knowledge and professional training in fields such as electrical, mechanical, telecommunications, carpentry, and construction, installation and repair services.  The applicant must have at least 2 years experience in their field of expertise and must have an existing job offer in any province in Canada.

  • Canadian Experience Class

This program is for temporary workers, students and those who have work experience in one of the provinces or territories of Canada.   A temporary worker must have at least one year or 1560 hours of work experience and must have obtained the job legally and with a valid permit to apply to this program.

A student must have been studying a minimum of 16 months in a course at a government-accredited tertiary institution.  Part-time work as a student is not valid.  Only a full-time job of at least one year or 1560 hours after graduation is acceptable to apply to this program.

The skills, work experience, language ability, level of education and other qualifications are taken into consideration and given a Comprehensive Classification Score. A higher score can be achieved if the applicant is fluent in French and English, has a close relative living in Canada, or has a valid job offer in a Canadian company.  The applicant must also pass all the health and safety requirements of the Canadian government.

Provincial nominee program

This program is administered by each of the provinces and territories of Canada, except Quebec, and have their own requirements. This program accepts foreign workers who have the skills, education and work experience to contribute to the economy of the particular province or territory.

Startup visa

Entrepreneurs who have the skills and potential to build businesses in Canada can apply for a startup visa. The business must be innovative and profitable enough to create jobs for Canadians.  They must also be vetted by the following designated groups or organizations – venture capital funds, angel investor groups and business incubators.

Benefits of a Canadian permanent residency

This are the benefits of the canadian citizenship by buying property:

  1. A permanent resident enjoys all the same social benefits of a Canadian citizen including health care coverage.
  2. A permanent resident can live, work and study anywhere in Canada.
  3. A permanent resident can eventually apply for Canadian citizenship as long as the requirements are met.
  4. A permanent resident is protected under Canadian law and Charter of Rights and Freedoms.

Canadian citizenship by buying property

  • Applicant can apply for citizenship after three years permanent residency in Canada.
  • Applicant is eligible to submit an official application for Canadian permanent residence.
  • Applicant must have filed income taxes.
  • Applicant must intend to continue living in Canada.
  • Applicant must have a good command of the French and English language.
  • Applicant must have knowledge of Canadian history, government, culture and traditions.
  • Applicant must have knowledge of the responsibilities and privileges of Canadian citizens.
  • Applicant must have no criminal record in or outside Canada.

 

Admittedly, the real estate market in Spain, Portugal and Greece has been badly battered by the Covid-19 pandemic. But as the Chinese proverb says, “In every crisis there is opportunity” and this is the perfect time to buy real estate and obtain a residence-by-investment visa in countries like Spain, Portugal and Greece.

According to Reuters article dated March 3, 2021, investors are confident that the real estate market will weather the corona virus pandemic, even believing that real estate returns will do better than equities and bonds. At the moment, according to JP Morgan, global bonds are paying below zero yields while real estate continues to pay annual yields of 3 to 4%. Buy real estate continues to be a good hedge against inflation which is expected to rise in the next few years thanks to the stimulus campaigns of many governments and central banks to help their citizens through the economic crisis brought about by the pandemic.

European real estate market

Europe’s residential market will remain a sought-after investment for global capital with its rising affordability and where the buy-to-rent scheme is still lucrative and possible through the Golden Visa programs.

In Madrid, price levels have fallen by about 5% especially for second-hand homes. Income from short-term and vacation rentals have all but disappeared. The good news is that these properties can be re-listed as long-term leases according to market demand.  Madrid is presently a seller’s market but the forecast is that in the next 6 months it will be a buyer’s market.  Property experts’ advice is to hold on to property until things have stabilized.

Demand for residential property rather than office or warehouse space has soared particularly in the suburbs and rural areas. Interest in larger properties with more green spaces has increased.

In Portugal, properties in Lisbon have experienced a 3% drop in 2020. However, the real estate market is resilient, sustained by foreign buyers who accounted for 35% of all property investments. In Porto and Algrave prices continue to climb by 4% to 12% respectively. It is safe to assume that this will continue in the long term.

The Greek real estate market has proven to be resilient despite its economic woes and the Corona-19 virus pandemic. It continues to be a buyer’s market and is all set to rebound in the post pandemic era with the positive momentum from foreign buyers still a major factor in Greece’s economic recovery. Real estate prices in Greece are still relatively cheap compared to Spain, France and Italy and property developers are confident that real estate prices will go up in the next five years as the demand remains strong.

This present scenario is the perfect time to buy real estate and obtain a residence-by-investment visa that Spain, Portugal and Greece are offering.

The Spanish Golden Visa

The Spanish experience and lifestyle can be yours through the Spanish Golden Visa for a minimum investment of €500,000.

Benefits of Spanish Golden Visa:

  • The right to live in Spain, a member of the European Union
  • Visa-free travel throughout the European Union
  • Visa-free travel to 185 countries
  • Available for you and your family
  • No minimum stay requirements
  • Excellent educational system

The Golden Visa Portugal

The Portuguese experience and lifestyle can be yours through the Golden Visa Portugal for a minimum investment of €280,000.

Benefits of a Golden Visa Portugal:

  • The right to live in Portugal, a member of the European Union
  • Visa-free travel throughout the European Union
  • Visa-free travel to 185 countries
  • Available for you and your family
  • Residency requirements only 7 days in the first year and 14 days in the 2 years after obtaining residence permits
  • Excellent educational system

The Greek Golden Visa

The Greek experience and lifestyle can be yours through the Greek Golden Visa for a minimum investment of €250,000.

Benefits of the Greek Golden Visa:

  • The right to live in Greece
  • The entire family is eligible
  • Visa-free travel to Schengen zone
  • Good quality of life
  • High standards of education
  • Free and equal access to the Greek Healthcare System
  • Approved within 60 days and does not require the applicant to live in Greece.

 

Spain has re-opened for European Union and overseas tourists on June 7, 2021 and has already received the most searches of Google for houses to rent or buy real estate. This is definitely a good time as any to invest in a second home and a residence visa.  

Due to the pandemic, price levels for buy real estate in Madrid have fallen by about 5% especially for second-hand homes. Income from short-term and vacation rentals have all but disappeared.  The good news is that these properties can be re-listed as long-term leases according to market demand. Madrid is presently a seller’s market but the forecast is that in the next 6 months it will be a buyer’s market.

The demand for residential property rather than office or warehouse space has soared particularly in the suburbs and rural areas. Interest in larger properties with more green spaces has increased.

Second residence and a second passport

A second residence and a second passport are for many wealthy individuals is a very attractive investment option.

The Golden Visa Spain is the ideal route and has many investment options:

  • minimum investment €500,000 in real estate
  • €2,000,000 capital investment in Spanish Public debt or;
  • €1,000,000 investment in shares in an existing Spanish company with real activity or;
  • €1,000,000 deposit in a reputable Spanish bank or fund

A minimum investment €500,000 in Spain will not only buy you a prime real estate property but also the freedom of movement throughout the European Schengen area, excellent healthcare, world-class school and universities including the two if the best business schools in the world, a healthy lifestyle that is based on the Mediterranean diet and a relaxed, unhurried pace of life.

Real estate market in Spain

Real estate prices in Spain have been steadily rising since 2016 however the Covid-19 worldwide pandemic in 2020 has put a pause to this. Property experts predict that real estate prices may still fall by 5 to 10% in the short term. This is good news for those who are looking for a second home or a property to buy to live in or rent. Spain is still among the best places in Europe to buy real estate as it offers considerable returns on investment.

A wide range of properties can be bought for €500,000 – from 3 bedroom apartments or townhouses to a fully detached villa with a garden – in secondary locations. An additional €1,000,000 or more may be needed for prime locations such a Madrid or Marbella.

There are several types of real estate property in Spain that are very Spanish in layout and style such as a chalet surrounded by nature with a large garden, swimming pool and parking area that will bring the owner tranquility and pleasure. There are also mansions in the mountains that are one or two storied located in strictly residential areas and upscale neighborhoods with swimming pool, terraces and views of the city and the Mediterranean Sea. Living in front of the sea is also an option and one can avail of at least 500 square meters of open space, light-filled interiors that is perfect for a very relaxed lifestyle.

The most expensive places to buy in Spain are Marbella, San Sebastian, Barcelona and Madrid.  Less expensive are The Canary Islands, Catalunia, Andalucia and Valencia. In Castilla y Leon your €500,000 can go a long way.

Golden Visa real estate

There are also several amenities that come with the Golden Visa real estate purchase. The holder can avail of some amenities like resort-style living, world-class restaurants, concierge services, resident-only social clubs and fitness facilities.

Spend this summer in your own Spanish resort-style villa. Invest in the Golden Visa Spain. Our consultants at Orience International will be happy to answer any questions you may have and assist you in any way possible.

 

A second residence and a second passport is for many wealthy individuals and their families, especially those that live in conflict areas, a safety net. Buy luxury real estate in Spain is your ideal route and the Golden Visa has many investment options:

  • Minimum investment €500,000 in real estate.
  • €2,000,000 capital investment in Spanish Public debt.
  • €1,000,000 investment in shares in an existing Spanish company with real activity.
  • €1,000,000 deposit in a reputable Spanish bank or fund.

A minimum investment €500,000 in Spain will not only buy you a prime real estate property but also the freedom of movement throughout the European Schengen area, excellent healthcare, world-class school and universities including the two if the best business schools in the world, a healthy lifestyle that is based on the Mediterranean diet and a relaxed, unhurried pace of life.

Real estate market in Spain

Real estate prices in Spain have been steadily rising since 2016 however the Covid-19 worldwide pandemic in 2020 has put a pause to this.  Property experts predict that real estate prices may still fall by 5 to 10% in the short term.  This is good news for those who are looking for a second home or a property to buy luxury real estate to live in or rent. Spain is still among the best places in Europe to buy real estate as it offers considerable returns on investment.

A wide range of properties can be bought for €500,000 – from 3 bedroom apartments or townhouses to a fully detached villa with a garden – in secondary locations.  An additional €1,000,000 or more may be needed for prime locations such a Madrid or Marbella.

Where buy luxury real estate

There are several types of real estate property in Spain that are very Spanish in layout and style such as a chalet surrounded by nature with a large garden, swimming pool and parking area that will bring the owner tranquility and pleasure. There are also mansions in the mountains that are one or two storied located in strictly residential areas and upscale neighborhoods with swimming pool, terraces and views of the city and the Mediterranean Sea. Living in front of the sea is also an option and one can avail of at least 500 square meters of open space, light-filled interiors that is perfect for a very relaxed lifestyle.

The most expensive places to buy luxury real estate in Spain are Marbella, San Sebastian, Barcelona and Madrid.  Less expensive are The Canary Islands, Catalonia, Andalucía and Valencia. In Castilla y Leon your €500,000 can go a long way.

There are also several amenities that come with the Golden Visa real estate purchase. The holder can avail of some amenities like resort-style living, world-class restaurants, concierge services, resident-only social clubs and fitness facilities.

Benefits of the Golden Visa Spain

The Golden Visa Spain is ideal for those who want to live fulltime in Spain or for those who would like to maintain a second residence in Europe without having to become a citizen.

The Golden Visa Spain has the following requirements:

  • A minimum investment of €500,000 in real estate
  • The Golden Visa Spain is a temporary residency permit that can be renewed every two years. It is not necessary to live in Spain in order to retain and renew the residency visa permit.
  • Upon the fifth year of the residency visa permit, the applicant can now apply for permanent residency.
  • On the tenth year the the applicant can apply for Spanish citizenship. The Spanish government no longer requires full time residence in Spain to meet the citizenship requirement.  Multiple exits are possible as long as the trip does not last longer than six consecutive months. This means that applicants only need to travel just twice a year to Spain.

 

Turkish Citizenship by Investment program is one of the most popular citizenship by investment program in the world. By reducing its required minimum real estate investment from US$500,000 to US$250,000 in 2018, it has attracted 35,000 plus applicants from 2018-2020.

Despite the Covid-19 pandemic in 2020, the program still realized about 14,000 approved applicants, higher than any citizenship by investment program worldwide.

Turkey’s Citizenship by Investment program is most popular in the Middle East, especially in countries like Iraq, Iran and Afghanistan where applicants face numerous sanctions and limitations from other citizenship by investment programs.

Benefits of the Turkish Citizenship by Investment Program

  • The Turkish passport has visa-free access to 125 countries and territories all over the world. However, it does not benefit from visa-free travel to the Schengen areas.
  • Turkey holds an E-2 visa treaty with the United States. This means that once the applicant becomes a citizen of Turkey, he can apply for US residency through the E-2 visa program. This is a much quicker and more cost-effective route for the Turkish citizen.
  • Turkey also has an agreement with the United Kingdom through the Turkish Businessperson Visa wherein the holder of a Turkish passport who would like to establish a business or has employment options in the United Kingdom can apply for a special business visa from the United Kingdom and start the process for applying for British citizenship.
  • Turkey allows dual citizenship.
  • Spouses, children below 18 years old and parents who are dependents of the applicant can avail of Turkish passports.
  • Residency in Turkey is not required.
  • Turkish language proficiency is not required.
  • Applicants are required to hold their real estate purchases for three years, after which they can sell the property or hold the property for five years and not have to pay capital gains tax.
  • An applicant can earn an average of 8% annually on real estate rentals.

Requirements of the Turkish Citizenship by Investment Program

Option 1 

US$250,000 real estate investment in one or several properties

The program features a straightforward application process without any obligation to declare the investor’s assets or income generated in other countries.  The physical presence of the applicant is also not required.

There is a wide range property choices from modern apartments to luxury seafront villas at very competitive prices. Istanbul and holiday destination Antalya are the most popular. Property owners can choose to rent their properties with an average return on investment of 8%.  Investors are not limited to one property and can invest in several properties.  Investors can resell after 3 years or after 5 years and not have to pay capital gains tax.

Applicants can take out loans for real estate investments and the government has brought down mortgage loan rates by state lenders and well-known property construction firms offer good discounts.

Option 2

US$500,000 deposit in a Turkish bank for at least 3 years.

Applicant can also make a fixed-asset investment that has been confirmed by the Ministry of Industry and Technology or invest in government bonds with the potential to receive interest as income.  Investments need to be kept for at least 3 years.

Option 3

US$500,000 capital investment in a Turkish Real Estate Investment Trust or a venture capital fund or set up a business and create employment for at least 50 Turkish citizens confirmed by the Ministry of Labor and Social Security.

The Turkish Citizenship by Investment Program is certainly worth looking into especially after all the appealing changes they have made to the program. Turkey also benefits from the citizenship by investment program as it boosts investment in the economy and shore up the lira.

 

With the onset of the Covid-19 pandemic in 2020, businesses worldwide have had to rethink their operations with many becoming more virtual and with more flexible parameters. Corporate executives, businessmen and entrepreneurs have realized that the global economy is less dependent on the location of the business and the work-from-anywhere is proving to be a norm rather than the exception.  Several countries in the Caribbean have very attractive citizenship by investment programs some of which are most beneficial for tech entrepreneurs particularly in the Cayman Islands and Dominica.

The benefits of citizenship by investment program are the following:

  1.  Visa-free travel to most countries in the world including the Schengen states.
  2. Tax benefits like lower tax rates, no taxation on wealth, inheritance or gifts.
  3. Greater access to the global market.
  4. Lucrative business and investment opportunities.
  5. Option to relocate a company, assets and loved ones to a more safe and stable nation. in the wake of conflict, civil unrest, or travel sanctions.

Dominica 

Dominica is a small Caribbean island-nation and a member of the Commonwealth since 1978. Its mountainous terrain and volcanic origins have produced natural hot springs and lush tropical rainforests that make it an inviting vacation place or an alternative place to live.

Dominica has recently introduced the Entrepreneurship Visa Program which is the easiest and fastest way to secure a permanent residency and eventually citizenship in comparison to other European countries.

Requirements Needed for the Entrepreneurship Visa Program:

  • The applicant must make an investment of no less than US$50,000 in an existing government approved company through the Investment Fund or invest no less than US$100,000 in a new, local technological startup that will employ at least 3 local fulltime employees or invest an unspecified amount in a government approved public or private sector venture.
  • It takes only 2 years to become a citizen of Dominica.  However, the applicant is required to spend at least 90 days a year in Dominica.
  • Applicant must deposit no less than US$100,000 in a local financial institution which can be used by the applicant during the residency period.

After two years of holding a residency permit and fulfilling all the requirements, the applicant is eligible for Dominica citizenship.  

Dominica also benefits greatly from the Entrepreneurship Visa Program as it adds new energy and vitality to the economy.  It generates new residence and consumer activity for the island-nation and stimulates the growth of local businesses.

Cayman Islands

The Cayman Islands is a British Overseas Territory that encompasses three islands in the Caribbean Sea.  It is principally known for its beach resorts and scuba diving and snorkeling sites and is an ideal place to live and work.  The Cayman Islands has also become a global hub for tech businesses from startups to mid-sized enterprises to major international companies.

The range of tech businesses is diverse with companies that engage in blockchain, fintech, e-commerce, biotechnology, digital marketing, software development, programming data services, aviation innovation, hosting, telecommunications, electronic publishing companies and more.

The Cayman Islands is not just the ideal global hub for tech businesses. It offers a lifestyle that cannot be found in other countries or territories. It boasts of high-quality healthcare, world-class schools and educational facilities, high end recreational activities. The government’s excellent response to the global pandemic has also given the Cayman Islands a reputation as the safest place on earth.

Residency by investment is equally as attractive. There are no restrictions on foreign ownership of property and a minimum investment of US$1.2 million in a developed property can qualify for permanent residency.

An added attraction is that the Cayman Islands has a unique tax situation.  It has no corporate income tax, no capital gains tax, no withholding or similar taxes.

If you are a tech entrepreneur looking for a place to move or start a business or setup a startup and looking into a citizenship by investment program, then the Caribbean, particularly Dominica and the Cayman Islands, is an excellent area to consider.

 

The crown jewel of Spain’s Balearic Islands, Mallorca, is well-known for its beautiful coastlines, unique architecture and comfortable lifestyle. Every year, millions of tourists visit the crystal clear waters and amazing cuisine in the islands of Mallorca, and many decide to turn the short visit into an eternal holiday. Foreign investors that know of the great potential of the islands buy real estate in Mallorca as a wise investment, for the prices on properties on the popular holiday island have been increasing in the past years.

Benefits of the Spain Residency

Foreign investors can obtain a visa for permanent residency by buying real estate in Mallorca. This can give them and their families the opportunity to live, work and study in Spain and benefit from the many advantages that come from it, such as the healthcare system and the great educational system of the country. Moreover, the applicant for that visa and his family can live in an eternal holiday: the stunning beaches, the Mediterranean weather and the beautiful architecture of Mallorca will become your new home.

What you should consider before buy real estate in Mallorca

The first step for investors to choose the location of their new property is to decide what to have in consideration. The Mediterranean vibes and the terraces with breathtaking views are available in many places of Mallorca, but there are some things to take into consideration before buying a house that will serve as your new home and not just your holiday home. For instance, places for leisure and shops for everyday needs should be near your new home, and assurance of the safety of your new neighborhood is a must.

There are different types of properties if you are planning to buy real estate in Mallorca. Like any other place in Spain, you can choose to obtain a private housing state (also known as urbanizacion in Spanish) that provides plenty of space and ensures a high degree of privacy, or you can go for an apartment, which is a more economic option. This alternative tends to be located in populated residential areas that are close to the beach, for many expats and international investors want to start the day glancing into the turquoise water of Mallorca.

On the other hand, the most popular choice for wealthy local and foreign investors are the fincas, which are country houses that give the owners the chance to have a rustic lifestyle closer to nature. These can become luxurious residences, or can also be turned into a functioning farm, so the finca can be your new home that comes with a business. For this type of property, buyers should pay attention to the terms and conditions of the acquisition to ensure that it is a good investment.

How you can obtain the Golden Visa Spain

International investors can obtain the Golden Visa Spain through a real estate investment in Mallorca, which will enable the applicant and his family to reside in the country for a longer period of time. The visa will also give the family the opportunity to travel to other countries in the Schengen area without the need of an additional visa. The program does not require any length of stay during the process, and the visa-holders will be eligible to live legally in their new home in Mallorca. Moreover, the Golden Visa can lead to the spanish citizenship.

These are the options in the program for foreign investors that are interested in buying real estate in Mallorca and want to obtain a residency permit:

  • A real estate investment of a minimum of €500,000
  • A €1,000,000 investment in shares or business of Spanish companies
  • A €2,000,000 investment into Spanish government bonds
  • A fund transfer of €1,000,000 into a Spanish bank account

Nevertheless, if you are planning to buy real estate in Mallorca, regardless of the type of property, it is necessary that a real estate expert accompanies you to examine the legal paperworks, and the property itself, to receive professional advice before making the investment. Our team in Orience International will guide you through the legal process of buying real estate in Mallorca and will provide you with the best options of investment programs.

 

The number of foreign entrepreneurs that are eyeing on acquiring an investment property for sale in Greece to turn into their second home or for rental business with positive interest is increasing. Regardless of the pandemic, Greece is on the way to reaching the real estate prices before the economic crisis of 2007 that affected many European countries. The spectacular landscapes in the island of Santorini, and the many historical locations and arts from Ancient Greek makes international entrepreneurs look for investment properties for sale in the beautiful country.

The perfect Mediterranean weather and the breathtaking views attract non-residents of the country to invest in one of the islands of Greece, and with a Golden Visa, the investors along with their family members are eligible for a five-year residency permit with a real estate investment of 250,000 euros. The family could choose to turn the summer-stay into a permanent address with this visa, and after 7 years of residency, the investor and his family can apply for the Greek citizenship.

Become an owner of a property

The prices in real estate in Greece are a great investment idea for acquiring a property in a beautiful island of Greece can give you the chance to make passive income, and as time passes, the prices will increase. To become an owner of a property in one of the 227 islands that are inhabited in Greece, you must be accompanied by real estate experts and lawyers. Our team in Orience International will help you choose the best path and assist you before signing any sales agreement to ensure your financial safety.

A non-resident tax registration number, or AFM, and the access codes to the “TAXIS” system is needed by investors that seek to acquire a property in Greece. Also, a bank account in the country will be advisable to facilitate the transaction and tax procedures related to the ownership of your real estate acquisition. Our team will accompany you in every step, assuring you a comfortable and easy process so you can just focus on the great lifestyle that awaits you in Greece.

Best places to buy an investment property for sale

For investors that are planning to buy an investment property for sale to make a rental business, the best places to choose are in the largest island, Crete, Cyclades, Rhodes and Porto Heli – these are the areas in Greece that have year-long visits, specially during the summer where islands like Santorini are the chosen destination of many newlyweds, where over two million of tourists visit annually.

In order to find an investment property for sale in Greece, foreign investors are welcome to seek the help of our team in Orience International. We will locate the property that best fits your needs at an affordable price.

What is the Golden Visa

If you are looking for a program that comes with great benefits, the Golden Visa will be the best option for you. In just 60 days and for as low as 250,000 euros, you can obtain a residency permit that will allow you and your family to live, work and study in the country. Moreover, you can travel to other Schengen countries without the need of an additional visa, which is advantageous for entrepreneurs that are constantly on business trips, or families that enjoy visiting the beautiful neighbouring countries.

The Golden Visa Greece offer different investment options:

  • Real estate of €250,000 – this purchased property must be held for the duration of residence and for a minimum period of 5 years
  • Real estate lease of €250,000 – or also a timeshare, which has to be held for the duration of residence and for a minimum of 5 years