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

 

As the situation in many countries around the world become unfavorable for wealthy individuals, a second citizenship is increasingly becoming more attractive.  A European citizenship is the most attractive particularly as some countries have a citizen by investment program.  These programs of the European citizenship by investment afford the applicant freedom of movement, the right to settle with family within Europe, and ease of doing business.

The European citizenship by investment program also gives the applicant and his family access to a high standard of living, a safe environment, exceptional healthcare, and an excellent educational system.

The European citizenship by investment program allows for new investment opportunities with among others, a favorable tax system and lucrative real estate opportunities.

The European citizenship by investment program is offered by the following countries.  Each country has their own requirements but also their own unique circumstances.

Portugal citizenship

Portugal lies on the Atlantic coast of the Iberian Peninsula in Southwestern Europe and hugs 832 kilometers stretch of the Atlantic coastline.   It enjoys sunny weather for most of the year and boasts of excellent fresh produce and a delectable cuisine of mostly seafood like sardines and cod fish. It is an excellent option for expat families as they can avail of quality education, easy access to healthcare and an overall high quality of life.

A Portuguese passport 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 and can travel visa-free to 186 countries.  Portugal is the top destination for investors seeking to acquire a second passport.

Portugal requires a €250,000.00 investment in real estate and only 35 days residency over 5 years to acquire citizenship.

Malta citizenship

Malta is an island located in the central Mediterranean Sea. It is a small but strategically important group of islands that has throughout its history played an important role for the domination of the Mediterranean Sea.   It is a famous tourist spot but also a financial haven that has attracted numerous investors and firms from all over the world.

The Malta Citizenship by Investment Program grants investors and their families a Malta passport in one year’s time. Thanks to this scheme, Malta is now one of the easiest European countries to get citizenship. Considered one of the strongest passports to have, the Malta passport gives you Malta citizenship for life, the right to live, work and study in Europe, and visa-free access to over 160 destinations including the US, Canada, and the UK.

Malta requires a €600,000.00 investment and in three years the applicant can acquire citizenship.

Spain citizenship

Spain is a country on the Iberian Peninsula along with Portugal.  It has a coastline along the Atlantic Ocean to the North and the Mediterranean Sea to the southeast that provides Spain with a pleasant climate throughout the year that is beneficial to its agricultural products. It has a diverse economy that includes a thriving automobile industry and a stable financial market.

The Spanish Golden Visa requires a minimum investment of € 500,000 in real estate.  The Spanish real estate market is diverse and has the potential for capital gains in the years to come.  After five years of living in the country, permanent residency can be obtained and after ten years, citizenship. This program is perfect for those who wish to live full time in Spain or simply maintain a second residency in Europe but without a path to citizenship.

Greece citizenship

Greece is a country in southeastern Europe that is surrounded by the Aegean Sea to the East, the Mediterranean Sea to the South and the Ionian Sea to the West. It is a country that is at once European, Balkan, Mediterranean, and near Eastern.  It is often referred to as the cradle of Western Civilization and therefore rich in history and culture making it a famous tourist destination.

The Greece Golden Visa grants a five-year renewable residency visa for a minimum investment of €250,000 in real estate and is the lowest cost residency in the EU.  There is no minimum stay requirement and children up to 21 years old can be included in the application.  Citizenship is granted only after five years of residency.

Latvia citizenship 

Latvia is a country on the Baltic Sea between Lithuania and Estonia.  For nature-lovers, it is a tapestry of endless beaches, deep lakes and dense forest. For those into arts and culture, it has preserved much of its long and interesting history and has a myriad of festivals.

The Latvia Golden Visa requires a minimum investment of €250,000 in real estate.  Citizenship can be acquired after a five-year residency. Ideal for Russians seeking investor visas, residency and citizenship in Europe.

 

Canada is the second largest country in the world and boasts of natural beauty and a variety of landscapes and cosmopolitan cities in each of the 11 provinces and territories in Canada. Obtain the Canadian citizenship by investment and enjoy its benefits.

Quebec investor visa

Quebec is the biggest French-speaking province in eastern Canada and has two large, cosmopolitan cities in the south, Quebec City and Montreal, that are connected by the Chemin du Roy Highway along the St. Lawrence River.  It also boasts of abundant natural beauty like the Adirondack Mountains and Lake Champlain, and many outdoor adventures.

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.

Canadian citizenship by 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.

Canadian citizenship by investment – 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

Quebec investor visa requirements

The Quebec Investor Visa is ideal for persons who have significant assets and personal net assets of at least Canadian$2million and can invest at least Canadian$1,200,000 with a Quebec financial intermediary for five years.

Who can aim to the Canadian citizenship by investment:

  • Applicants with experience in management in farming, commercial or industrial business are top priorities as are those with experience working in professional business, international agency, and government.
  • Applicants and their families must intend to settle in Quebec.
  • Applicants must meet the minimum points as outlined in the Quebec Investor Points Assessment Grid.

Caracteristics of Canadian citizenship by investment

  • 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.

 

Canada is actively looking for entrepreneurs, innovators, and creatives to live and work in Canada, people who can start, manage or buy a business. This is possible with the Canadian Investment Visa.

Canada, with its rich natural resources, skilled labor force and stable government, is one of the preferred countries to start a business.  Foreign investments assure the continued success of its economy through diversity and development.

Start -up visa

Canada’s Start-Up Visa is the first of its kind in the world, linking immigrant entrepreneurs with experienced private sector organizations that have expertise in working with start-ups.  Successful applicants to this program can immigrate to Canada as permanent residents with no conditions attached to the success of their business, with a Canadian investment visa.

Star-up requirements

  1. Business Requirements

A designated organization must commit to your business:

All applicants (up to 5 people can apply as owners) must each hold at least 10% of the voting rights attached to all outstanding shares of the business; and together with the designated organization, they must hold more than 50% of the voting rights attached to all outstanding shares of the business.

Once you receive permanent residence, you must make sure that:

You play an active role in the ongoing management of your business while living in Canada; the essential operations of the business must partly take place in Canada; and your business is incorporated in Canada.

  1. Letter of Support

You must get a letter of support from a designated organization that proves they are willing to invest in and support your start-up. These organizations include:

  • Venture Capital Firms ($200,000 investment)
  • Angel Investor Groups ($75,000 investment)
  • Business Incubators
  1. Language Requirements

You must score a minimum of Canadian Language Benchmark level 5 in speaking, reading, listening, and writing in either English or French.

  1. Settlement Money

The Canadian government does not give financial support to an investor. You will have to be able to prove that you have enough money to settle yourself and your family in Canada.

Reasons why Canada is the preferred country to start a business

  1. Canada has been ranked by Forbes Magazine as the best country in the G-20 with which to do business as it has the best fiscal prospects. Among the G-7 countries, it has the strongest fiscal position.
  2. Canada offers a low tax environment. Its overall tax rate on new business investment is significantly lower than that of other G7 countries.
  3. Canada has an excellent environment for research and innovation that includes world-class infrastructure, scientific talent and innovation incentives.
  4. Canadians enjoy the highest standards of living among the G-20 countries.
  5. Canada boasts of a highly educated, flexible and multicultural work force.

Provincial nominee program

Every province and territory in Canada can invite applicants to live and work in their area through the provincial nominee program, inside the Canadian investment visa.  Each province and territory have their own investment visa programs, each with their own requirements that cater to their specific situation.  These provinces and territories encourage businesses in almost every sector particularly in agriculture, fisheries, manufacturing, ecotourism and distribution.

 

The Golden Visa or Residency by Investment Program is a very successful program offered in 14 countries around the world and continues to grow as more countries participate.  One of the ways to get this visa is through buy real estate. The program has generated an average US$20 billion a year in investments for 14 countries all over the world focused mostly on real estate.  It has transformed the upper end of the real estate markets including areas that were once neglected and contained historical buildings.  It is also re-shaping the finances of some of the smaller countries.

Such is the program’s success that many real estate developers include the residency programs as part of their plans.  Capital growth, an earned income from rental of about 3% per annum, guarantees that the rent will be paid, and high-end real estate are some of the push factors for this kind of investment.

Who invest in the citizenship by investment program

Thirty six percent of people with more than US$30 million in net assets have second passports up from 34% a year earlier with buy real estate.  The trend is also growing among the less wealthy.  Majority of investors are from China, followed by Russia, the French who wish to avoid very high income taxes, Britons who would still like to enjoy the benefits of an EU passport and Americans who are looking to pay less taxes and looking for personal security.

Other wealthy investors in the second citizenship by investment program are from Lebanon, the Middle East, mainly the United Arab Emirates, Saudi Arabia and Qatar, India and South Africa.

Why real estate

Majority of wealthy people looking for a second citizenship prefer investing in real estate.  There is a great demand for property investments from those seeking a second citizenship as it can provide a rental income of at least 3% per annum.

Portugal Golden Visa received the third highest income from residence by investment program in 2018 at €839 million.  Portugal, Spain, Greece, Malta and Latvia in Europe offer temporary or permanent residency in exchange for real estate investments in private homes or commercial buildings.

How to buy real estate

Each country will have their own specific requirements.  However, here are some considerations for buy real estate:

  1. Choose the real estate property depending on one’s budget and needs. A real estate consultant will be provided to assist you throughout the process.
  2. Decide whether the property is for a second home or for investment.
  3. Deposit downpayment to reserve property.
  4. Pay the necessary taxes.
  5. Pay the management fees, notarization and registration fees.
  6. Prepare the legal and consultation fees.
  7. Prepare for miscellaneous fees like for required documentation and visa application.

Best countries to purchase real estate

Portugal

Portugal’s real estate market is booming.  In 2020 saw a rise in the volume of real estate purchases despite the ongoing Covid-19 pandemic ensuring a successful real estate market in the future.

  1. Purchasing a in Portugal and keeping it for five years can make you eligible for Portuguese citizenship.
  2. Properties are varied and located in different parts of Portugal.
  3. The cost of living in Portugal is one of the lowest in Europe.
  4. Property in Portugal has high rental yields.
  5. Portugal has a high level of political stability.
  6. Portugal offers a very high quality of life.
  7. Tax incentives are considerable.
  8. Public infrastructures are extensive and accessible
  9. Beautiful weather, unspoiled nature and extensive beaches.

Spain

Spain’s real estate market continues to thrive with a 3% growth in 2019 despite the Covid-19 pandemic.

  1. Real estate prices in Spain are low compared to other European countries but rental yields are on the high side.
  2. Spain is experiencing an economic growth along with the rest of Europe.
  3. Spain has 320 days of sun per year.
  4. Spain has the second longest coastal line in south Europe.
  5. Spain has a very stable political environment.
  6. Living standards, health care and work life balance have been ranked as one of the best in the world.
  7. The cost of living in Spain is much lower than European averages.
  8. Spain can boast of modern and efficient infrastructure.
  9. Spain is the country most visited by tourists in Europe that can translate to profitable rentals.
  10. Buyers of real estate can count on low construction costs should they need to build or renovate.

Greece

Greece is undoubtedly one of the more beautiful countries in the world.  It offers more than favorable conditions for investments in real estate and is poised to be the hottest real estate market in the EU.

  1. Greece offers high quality properties for prices lower than most in Europe.
  2. The Greek economy is expected to continue to stabilize and grow.
  3. The Greek government is focused on developing the tourist real estate market.
  4. Mortgage rates are low.
  5. Greece enjoys about 300 days of sunshine throughout the year.
  6. Greece has a very strategic geographical location being the gateway to Europe.
  7. Greece is a favorite destination of tourists from all over the world.

Whether it is to expand business opportunities, or as a plan B for your family, many countries offer the possibility to obtain a second citizenship by investment, along with all the benefits that come with it through an investment fund. In some cases, a one-time contribution of $100,000 can grant the investor a lifetime citizenship and the opportunity to travel to more than 100 countries without the need of any additional visa.

Here are the countries that offer the best deals for citizenship by investment programs in terms of affordability, time process and tax benefits.

Vanuatu citizenship

Investors that apply for the Vanuatuan passport can get it through an investment of $130,000 and after a 45 to 60-day process, the fastest and simplest citizenship programme among all. There are two programs to choose from, the DSP (the Development Support Program) which issues honorary citizenship, and the VCP (Vanuatu Contribution Program), for ordinary citizenship. Both programs are through the same amount of funds and its increment relies upon the number of dependents (family members) that are included in the application.

The Vanuatu citizenship by investment allows its holders to have short-stay visits without the need of additional visas to a total of 129 countries, including countries in Europe and the USA. Moreover, another advantage of living in the Pacific country is that the country has zero taxation for both residents and non-residents.

Malta Individual Investor Programme 

The Maltese citizenship is one of the most popular programs for it allows non-residents to become citizens of a country with one of the most stable economies in the EU.

These are the different investment options for this citizenship by investment:

  • Individual investor – contribution of EUR 600,000, citizenship will be released after 3 years
  • Individual investor – contribution of EUR 750,000, citizenship will be released after a year

An additional EUR 25,000 for every dependent family member included in the application.

Once you have acquired this citizenship by investment, you will be eligible to live, work and study anywhere in the EU and enjoy visa-free travel to 180 countries, including the USA.

Caribbean citizenship: Antigua and Barbuda and Dominica

The tempting weather and fine scenery of the Caribbean makes these citizenship by investment perfect for those who want to live in a never-ending summer with a great potential for businesses to succeed in the long-term because of the thousands of tourists that visit the island every year.

Antigua and Barbados offers these investment options:

  • Real estate investment of $400,000 for not less than five years
  • Contribution of $100,000 to the Antigua National Development Fund ($125,000 if your family consists of five or more members)
  • Establish a business worth $1.5 million or $5 million (for more two or more investors)

This citizenship by investment will allow you to travel to more than 130 countries.

On the other hand, the small island of Dominica offers a more affordable option of either making a one-time contribution of $100,000, or an investment in a government approved property of a minimum of $200,000 for three years.

Afterwards, lifetime citizenship will be issued and you will be able to travel to over 118 countries with your Caribbean passport. Moreover, once you are a holder of Caribbean citizenship, you will not be subject to capital gains tax.

Turkish Citizenship by Investment

The recent updates allow individuals to acquire citizenship by investment without a minimum residence requirement and the minimum investment funds have been reduced. Family members that apply for citizenship as dependent applicants are not required for a separate investment. The process usually takes 2-3 months to be completed. Once completed, you can live and work in Turkey, and travel visa-free to many countries.

 

There are some countries around the world that offer citizenship by investment.  This means that citizenship can be acquired by investing in the local economy by purchasing real estate, investing in securities, setting up a business, or creating jobs.

What are the advantages of a second citizenship?

  1. Access to 120 to 180 countries around the world including the EU and USA without visas.
  2. Register a company and do business in another country.
  3. Acquire the same rights as citizens.
  4. Quickly move to another country in case of an unforeseen event.

What are the countries that offer citizenship by investment?

Caribbean

European Union

Portugal, Malta, Spain, Greece and Latvia.

Europe

Montenegro.

Middle East

Turkey and Dubai.

South America

Brazil.

Oceania

Vanuatu.

What are the conditions that one must consider when choosing a country that offers citizenship by investment?

All countries have different conditions for attaining a second citizenship.  Listed below are conditions that need to be considered:

  • Amounts and types of investment
  • Requirements for investor
  • Registration costs
  • Investment terms
  • Process of obtaining citizenship
  • Timeline
  • Freedom of travel, work and study
  • Availability to the whole family
  • Access to education and healthcare
  • Tax benefits
  • Quality of life

Which of these countries offer the best options?

Country Time to citizenship Minimum investment
Portugal 5 years €250,000 minimum investment
Malta 12 months or 36 months €690,000 minimum investment
Antigua and Barbuda 5 months €100,000 minimum investment
Grenada 2 months €150,000 minimum investment
Dominica 4 months €100,000 minimum investment
St. Kitts and Nevis 52 months €150,000 minimum investment
Portugal 5 years €250,000 minimum investment
St. Lucia 4 months €100,000 minimum investment

PORTUGAL

Portugal lies on the Atlantic coast of the Iberian Peninsula in Southwestern Europe and hugs 832 kilometers stretch of the Atlantic coastline.   It enjoys sunny weather for most of the year and boasts of excellent fresh produce and a delectable cuisine of mostly seafood like sardines and cod fish. It is an excellent option for expat families as they can avail of quality education, easy access to healthcare and an overall high quality of life.

A Portuguese passport 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 and can travel visa-free to 186 countries.

MALTA

Malta is an island located in the central Mediterranean Sea. It is a small but strategically important group of islands that has throughout its history played an important role for the domination of the Mediterranean Sea.   It is a famous tourist spot but also a financial haven that has attracted numerous investors and firms from all over the world. Praised for its excellent healthcare system, safety, cost of living, and economic opportunities, Malta has become one of the top destinations for investors seeking to acquire a second passport.

The Malta Citizenship by Investment Program grants investors and their families a Malta passport in one year’s time. Thanks to this scheme, Malta is now one of the easiest European countries to get citizenship. Considered one of the strongest passports to have, the Malta passport gives you Malta citizenship for life, the right to live, work and study in Europe, and visa-free access to over 160 destinations including the US, Canada, and the UK.

ANTIGUA AND BARBUDA

Antigua and Barbuda is an independent Commonwealth country located where the Atlantic Ocean and Caribbean Sea meet.  It is known for its reef-lined beaches, forests and resorts.   It offers a very laid-back lifestyle that is perfect for retirees. Antigua and Barbuda grants investors the unique opportunity to become citizens via its Antigua and Barbuda Citizenship by Investment Program. Due to an efficient and rapid process, an Antigua and Barbuda passport can be available in five months time in exchange for a minimum investment of $100,000.

GRENADA

Grenada, also called the ‘Spice Isle’ because of its numerous nutmeg plantations, it is a peaceful Caribbean island offering an accessible Grenada Citizenship by Investment Program. Considered one of the fastest ways to obtain a second passport, the program grants investors a Grenada passport in two months in exchange for an economic investment of at least $100,000.

DOMINICA

Dominica is a mountainous Caribbean island nation with natural hot springs and tropical rainforests. Its Dominica Citizenship by Investment Program, allows investors to get a Dominica passport in four months for just $100,000.

ST. KITTS AND NEVIS

St Kitts and Nevis is a dual island nation situated between the Atlantic Ocean and Caribbean Sea that offers a luxury lifestyle and tax benefits. The St Kitts and Nevis Citizenship by Investment Program offers individuals and their families the opportunity to get a St Kitts and Nevis passport in exchange for an investment of at least $150,000 that has no stay requirements and a fast-track immigration process of only two months.

ST. LUCIA

St Lucia is an Eastern Caribbean island that offers one of the cheapest ways to get a second passport via its St Lucia Citizenship by Investment Program. For a minimum investment of $100,000, investors and their families can get a St Lucia passport in four months. Investors will enjoy an idyllic lifestyle in one of the easiest countries to get citizenship along with tax benefits and visa-free travel to more than 130 countries worldwide.

 

The peaceful and beautiful state of Vanuatu in Oceania offers the fastest citizenship through investment. The process only takes between 45 to 60 days, and with an investment of $130,000, which is a great deal for those who are aiming to acquire the Vanuatuan citizenship. 

The nation is located in the south-western Pacific ocean, with Fiji on the west and Australia on the east of its islands. Vanuatu is part of the Commonwealth of Nations, which explains the strong economic and cultural ties that the state has with other former British colonies. Moreover, the country has a close relation with its neighbouring countries, New Zealand and Australia. Vanuatu is home to a diverse set of cultures — many residents are expats that have chosen Vanuatu as their new home for the great quality of life, the amazing weather, and the beautiful beaches; no wonder it is ranked as the fourth happiest country in the world.

Types of programs to obtain citizenship

In order to obtain the Vanuatuan citizenship, there are two types of programs to choose from:

  • The development Support Program (DSP) – honorary citizenship
  • Vanuatu Contribution Program (VCP) – ordinary citizenship

These are the official programs by the Government of Vanuatu, whereas there are four types of application with different amounts of investment depending on the applicants involved.

  • Single application – $130,000
  • Married couple – $150,000
  • Couple with an only child – $165,000
  • Couple with more than one child – $180,000

Additional dependents will add $10,000 per person. The programs do not require residence requirements and can be processed as fast as 3 weeks. The primary applicant and the dependents must pay the indicated fare in order to obtain the Vanuatuan passport and enjoy the advantages that come with it.

The Vanuatu citizenship by investment program is the fastest and easiest for foreigners to obtain a second passport. Immediate family members of the investor can become citizens of Vanuatu as well. One of the major advantages of becoming a citizen of the country is that the Vanuatuan passport enables its holders to have short-stay visits without the need of additional visas to a total of 129 countries, including countries in Europe and the USA. This is perfect for entrepreneurs that are constantly moving for business, and also for those who enjoy exploring different countries in search for the best cuisine and marvelous landscapes.

Benefits of the Vanuatu citizenship

The country of Vanuatu not only has the simplest and most affordable citizenship by investment, but it has a favorable taxation system as well. The tax rates are equal for residents and non-residents; there is no personal tax nor foreign income tax. For instance, international companies are only required to pay an annual fee of $300 and are exempted from paying taxes for 20 years.

Foreign entrepreneurs would see the Vanuatu citizenship as an opportunity for a fast path to acquire a second passport that enables the visit to many countries in the world. Moreover, the applicants are not required to reside in the country during or after the application process and even when they acquire their citizenship.

On the other hand, there are other programs offered by the government for foreign investors that seek to obtain a residence permit in the country.

The Vanuatu Permanent Residency Program, also known as the investor visa, offers permanent residency to foreigners that buy a property worth $100,000, or for retirees who receive at least $2,500 monthly. Additionally, the Land Ownership Visa is for those who want to live or are planning to lease real estate in the country. Nevertheless, the applicants for these two residency permits can obtain citizenship only by naturalization (after living in Vanuatu for at least 10 years), unlike with the DSP and VCP, whereas citizenship is acquired after no more than 2 months.

 

India is currently working on creating a partnership with EU countries to expand their business opportunities, as well as to strengthen the economy through foreign relations. The Joint Secretary of the Ministry of External Affairs in India, Sandeep Chakrovorty, refers to the EU as their largest trading partner and their second-largest destination for Indian Exports, enhancing the importance of the connectivity partnership through the European countries and India that will connect people to people, trade, business, and technology. The government of India is looking at their partnership with the EU with optimism, encouraging Indian entrepreneurs to venture for business opportunities towards the Northern Hemisphere by foreign investment.

Regardless of the challenges presented by the pandemic, the nations have continued to grow their union which is expected to boost over the years.

  • For instance, Belgium is one of the top EU trading partners for India, and plans for business opportunities between the two countries that include infrastructures and real estate are being prepared.
  • Poland is another country that relies on this partnership. The European country identifies India as an important pillar for economic policy and global dimension due to the trading in areas like fintech, cyber cities, drones, green technologies, Medtech and agritech, innovation, and research.

Moreover, the presence of Indian entrepreneurial people around the globe is inevitable, especially for the country’s involvement in Pharmaceuticals and its importance presently during this pandemic.

The partnership that India has with EU countries has led a great number of Indian entrepreneurs to obtain visas by foreign investment that will allow them to reside in an European country and travel freely within the continent.

Reasons for applying for the visa by foreign investment

India has the highest number of migrants in the world, and the numbers are only increasing through the years. There are 15.6 million people that were born in India and have migrated to other countries, which includes the wealthy citizens of India that decide to move to a country that has positive possibilities for successful business. Moving to a different country is a great way to improve their family’s way of living, as well as to ensure a plan B in a more developed country like the UAE, Germany or the UK.

More Indians are migrating to European countries through residence permits that grants them the opportunity to live in the country along with their family members, and benefit from the different advantages that comes with the residence, such as excellent health services and outstanding educational system.

Options to obtain the Golden Visa

The best way for Indian entrepreneurs to move to Europe is through a Golden Visa. The program provides a quick path to Indian investors that want to invest in real estate in exchange for a residency permit that will allow them to live, work and study in the country along with their families.

The golden visa is the chosen alternative for wealthy Indians that want to legally stay in a foreign country by foreign investment, since India does not allow dual citizenships. For instance, the UK allows Indian investors and their family members to apply for a Tier 1 Investor Visa, a residence permit granted to individuals who invest at least  £2 million in the country.

The Golden Visa Germany is another attractive investment option for Indians. Indian entrepreneurs that apply for this visa will have the chance to invest in a business with guaranteed success, for Germany is the largest and strongest economy in the EU. Regardless of the country the investors apply to, they will benefit from the different advantages of residing in a European country, as well as the possibility of visiting other countries within the Schengen area without the need of an additional visa.

Our team in Orience International will help you pick a path according to your personal and familial circumstances.