It is expected that the investment in real estate will increase when travel restrictions run out. Whereas States do not give a tourist visa, international investors cannot travel. However, with a residence visa like the Golden Visa it is possible to travel from your country to reside in Spain, Portugal or Greece, the most attractive places to reside and invest in Europe.

Specifically, in Spain there is a lot of interest from international investors to invest in the Spanish real estate market which is expected to be reactivated as soon as the travel restrictions are lifted globally. 

What’s more, even with the pandemic scenario, there is a huge interest to invest in Spain because of the quality of life offered by the country.  In fact, an uptick in the acquisition of Spanish homes is expected due to the interest of investors, who now make decisions especially thinking about all the advantages that are offered in a country as Spain such as reasonable prices, above-average business opportunities, security and the great weather.

Since 2013 until now, Spain issued more than 35.000 Golden Visa. Orience International helps you to obtain the Golden Visa Spain so you can invest in Spain for a minimum of 500.000 euros and reside there.

Spain, an attractive offer

Real estate investment rebounded 22% in the third quarter in Spain, reaching 1.439 million euros, compared to the figure registered between April and June, the worst period of the pandemic. The forecast is that 2020 will close with an investment of around 8 million euros which represents a 30% less than 2019, when 12.7800 million euros were reached.

However, even with this background, the pandemic is expected to provide new appeals, such as the advantages of teleworking. The opportunity of working in a place such as Spain, with an incredible weather and moderate prices, increase the interest of many international investors to obtain a residence in Spain.

Why investing in Spain?

As it has been said and according to a recent study, Spain is the best country to live after de coronavirus crisis. Moreover, the country is known for its fantastic weather, cosmopolitan cities like Madrid and Barcelona, beautiful landscapes and quality and family life.

What’s more, if you get the Golden Visa Spain there are a lot of advantages to enjoy:

  • Move around the Schengen Zone: one of the main benefits of the Golden Visa Spain is that you can travel and move around the Schengen area without the need of a visa.
  • Permit to work in Spain: the Spanish residence permit allows you to work in Spain.
  • Eligible for you and your family: your family (spouse and children under 18) also receive the visa residence permit.
  • Health system: the Spanish healthcare system is one of the most advanced in the world, ranking among the first positions in international rankings.

The Golden Visa Spain, foreign investment in real estate

Having an alternative residence or citizenship in another country is more important nowadays than ever. Having an alternative plan, it gives you more freedom to travel between European countries and it gives you economic, political and social independence from your country of origin.

As citizens of the world, we have to take into account the advantages of acquiring a residence in another country and seek professional advices to guide us and help us through the way to make the best decision.

If you want to obtain the Golden Visa Spain, Orience International recommends the best investment option for you and your family. Furthermore, we offer a virtual tour to see all the properties from your home.

Do not hesitate to contact us

 

 

Source: Empresa Exterior

The Greek government is formally inviting foreign pensioners to shift their tax residence to Greece with the introduction of a single tax rate of 7% for their entire income obtained abroadThe aim is to attract pension making the obtention of Greek residence even more appealing.  

 The 7% flat rate will apply to whatever income a person might have, be that rents or dividends as well as pensions. As soon as ainternational pensioner’s application is approved, the sum of their income obtained abroad will be taxed at a flat rate of just 7% for the next 10 years.  

 As Athina Kalyya, head of tax policy at the Greek finance ministry, has told “the logic is very simple: we want the pensioners to relocate here”. This way, the pensioners benefiting from this rate will spend more time in Greece and that is traduced in investing, renting or buying a home.  

The flat tax rate, conditions and requirements  

According to a clause included in the draft law that the Finance Ministry submitted to Parliament last week, for pensioners to qualify for this beneficial rate, they should not have been tax residents of Greece over at least five out of the six financial years before their tax relocation from a country with which Greece has a valid agreement concerning administrative cooperation on tax issues.  

 These are the other conditions to obtain the 7% flat tax rate: 

  • The pension and other income are derived from a source outside Greece. 
  • The annual amount due is paid in a lump sum every year. 
  • International pensioners who choose this route will also be exempted from the standard special solidary contributions 
  • Pensions derived from government positions may be subject to other conditions, which a professional tax consultant can examine and assess.  

It is also important to note that the final tax rate will be calculated in accordance with the double taxation conventions between Greece and the country from where the pension is derived. Usually, taxation is based on the individual’s tax residence, so transferring that to Greece is the most favorable option.  

Besides this, Greece is successfully appealing to pensioners who appreciate the good Mediterranean climatean excellent European lifestyle and those who wish to make the most of their retirement years and benefits.  

On the other hand, the Greek government continues to promote the Golden Visa programme for international investors, one of the most attractive and affordable programmes in Europe.   

The Greek Golden Visa programme, the most secure option

So, if you are thinking of investing in Greece, we have the best option for you. With an investment of 250,000 euros, you can get Greek residence for you and your family 

 These are some of the advantages of obtaining the Golden Visa Greece: 

  •  Get the approval in only 60 days 
  • Right to reside in Greece 
  • Visa-free travel through the Schengen zone 
  • No requirement to live in Greece 
  • Permission for you and your entire family 
  • High standard of schooling 
  • Good quality life 

To sum up, Greece is one of the most attractive European countries and easily one of the easiest to invest

Do not hesitate to contact us.  

According to the Agency for Investment Trade Portugal, the Portuguese government is going to carry on the changes on the Golden Visa programme announced in February and postponed due to the coronavirus.  New changes in law will come into effect from 2021.  

Those changes want to restrict the Golden Visa in the cities of Porto and Lisbon and promote investment in other areas with low population, as well as encourage urban requalification in cultural heritage or activities of high environmental and social value.   

So right now, it is the time to invest in Portugal, especially in both cities Lisbon and Porto. 

Why it is a good idea to invest in Portugal? 

Investing in Portugal is synonymous with success and good quality life. According to 2020 Global Peace Index, the country remains as one of the most peaceful countries around the worldSo, Portugal is one of the best countries in the European Union to start a new life with your family.  

Move freely around the Schengen Zone 

One of the main benefits of the Portuguese Golden Visa it is that you can travel and move around the Schengen area without the need of a visa. That means visa-free access to 26 states. 

Quality life for you and your family 

As we have said before, Portugal is the ideal place to live with your family for its cheap living costs in comparison with other countries from the European Union. Moreover, it offers a good and balanced job-life.  

Working in Portugal 

The residence visa grants you the right to work in the country. Portugal’s most important industries include tourism, automotive, construction, electronics and transportation. 

Excellent educational system 

Portugal offers a high educational system with important schools, colleges and universities. The University of Porto is one of the most prestigious in the country followed by the Lisbon University.   

Which investment options do I have to get the Portuguese Golden Visa? 

If you are thinking of investing in Portugal, we have an affordable option for you. The Golden Visa programme is one of the most attractive and accessible in all Europe. Through a minimum investment of €280.000, you can get the Portuguese residence. The visa permit it is also eligible to your family (spouse and children under 18).  

 However, you can choose between other investment options: 

  • €350.000 investment in real estate more than 30 years old or located in urban regeneration areas.
  • €500.000 investment in real estate. 
  • Create 10 full-time jobs. 
  • Private equity funds. 
  • Research: Investment of € 350,000 in research carried out by accredited institutions that are part of the national scientific and technological system. 
  • Existing business 

By your side 

We offer and end-to-end service, so we help you before, during and after you get the residence permitFirst, we study your circumstances, and we offer you a tailored option. Once you have decided, we prepared all the documentation and we presented to the authorities.  

Then you should submit the residence application and complete the real estate acquisition. After that, you will be required to pay the Government application fee and provide a copy of all the required information. Finally, you will receive the residence visa.   

Contact us

According to the Spanish Government, Spain has issued 35.422 Golden Visa since 2013 earning € 6.500 millionIf we take a look on the number of permits granted based on nationality, the Chinese were the first, followed by Indian and Russian 

 This data demonstrates that Spanish Golden Visa is one of the most popular and attractive programs all over Europe, and the main question is, why? 

Why should you invest in Spain? 

According to a recent study, Spain is the best country to live after de coronavirus crisis. Moreover, the country is known for its fantastic weathercosmopolitan cities like Madrid and Barcelona, beautiful landscapes and quality and family life. To all this we have to add other important characteristics: 

Move around the Schengen Zone  

One of the main benefits of the Spanish Golden Visa it is that you can travel and move around the Schengen area without the need of a visa.   

Good quality life for you and your family 

As we have said before, Spain offers an excellent quality lifecheap living costs (Spain is below average in comparison with other European countries) and excellent balanced job-life. Spain has everything you need to start a new life with your family. 

Permit to work in Spain with the Golden Visa 

The Spanish residence permit allows you to work in Spain. So, if you plan to look for a job in the country, we recommend you research the job market before moving to the country.     

Permission for you and your family  

Your family (spouse and children under 18) also receive the visa residence permit. Spain offers a great educational system, with prestigious collages and well-known and reputed universities for your children. 

 Well renowned health system 

The Spanish healthcare system is one of the most advanced in the world, ranking among the first positions in numerous international rankings. 

 Finally, it is important to highlight that Spain has de 4th most powerful passport in the world, after Japan, Germany and South Korea.  

 Investment options to get the Golden Visa 

All the international investors who want to get the Golden Visa they have different options to choose: 

  • €1.000.000 bank deposit:Funds transfer of €1.000.000 to a Spanish bank deposit. You receive automatically the Spanish residence permit and you can travel and enter to the country with your new visa. This option has increased during the pandemic and many international investors are applying for this residence option without leaving their country.  

  • €500.000 real estate investment. We offer virtual tours so you can see all the properties without leaving your country.

  • Government bonds: €200.000 investment into government bonds.
  • Share of business: €1.000.000 investment in shares of Spanish companies.

 If you are interested in one of these options, do not hesitate to contact us. Together we will study your needs, and offer you the best option according to your requirement. 

Contact us.  

Due to the pandemic crisis, countries are not given visa tourist temporarily. This means that international investors cannot travel to other countries. However, the demand of Golden Visas has increased during last months, because residence visa grants the free movement throughout the Schengen area 

At the moment, many countries in Europe are offering Golden Visa (Spain, Greece, Portugal, Switzerland, UK, Malta, Germany, Ireland, Monaco). Data shows the demand has increased notably.   

Why it is important to have a second residence or plan B? 

When we talk about a plan B, we refer to the fact of having an alternative residence or citizenship in another country. In this moment, having an alternative plan it gives you more freedom to travel between European countries. Moreover, it gives you economic, political and social independence from your country of origin and it also allows you to obtain the program for your family members 

 In the case of Spain, for example, many international investors have applied for the Golden Visa because they would benefit from the Spanish health system, one of the most advanced in the world.  

 However, it is not necessary to arrive at crisis situations in order to evaluate and think about the options of acquiring a residence in another country. As citizens of the world, we must take into account the advantages of this option and seek professional advice to guide us and help us to make the best decision. 

All you need to know about the European residence 

Those are the main advantages of the European residence: 

  • Regrouping the family: Spain, Portugal and Greece Golden Visa allows you to regroup the entire family (spouse and children). In the Greek case your parents and parents-in-law are included. 
  • Access to the healthcare system: You and your family will be able to access healthcare completely free of change. 
  • Right to work: Both in Spain and Portugal the residence permit gives you the right to work in the country. It does not happen in the case of Greece. 
  • Access to the educational system: As we have previously commented, minors can benefit from most advantages of the Golden Visa program, and one of them is access to the best schools and colleges. 
  • Good quality life: Spain, Portugal and Greece offer a great quality life. With a very pleasant Mediterranean climate, the three countries offer all essential services at an affordable price. 

 If you are interested in any of these options, do not hesitate to ask. We will advise you on which residence program is best for you and your family according to your needs and circumstances. 

 Moreover, you can invest and apply for a program without leaving your country. Our team will manage everything so you do not have to worry.

Contact us

Normally, European citizens have the right to move and reside freely within the EU. However, and due to the coronavirus, all the states adopted measures, some of which have had an impact directly on free movement, to fight against the spread of the virus.  

The main problem of this actions is that each country has took their own measures, different from other states, and citizens from the EU and the rest of the world have been faced with so many different rules and procedures, unclear information about what to or when and where to travel. 

For this reason, the European Commission and EU ministers have reached an agreement that will provide more clarity and predictability on measures that restrict free movement due to the coronavirus pandemic. The politicians have highlight that “we will not surmount the crisis by unilaterally closing borders but working together”.  

Firstly, they have prepared a common map with color codes based on common criteria. Now, it is the turn of the states to fulfil with the data so the map can be updated on a weekly basis with accurate information on the epidemiological situation in the EU and its regions. 

In this link you can see the map and check the restrictions in each country  

Secondly, each country still decides what restrictive measures apply, but is must ensure that citizens have clear and timely information about what to do and which restrictions are in force. As a general rule, the information should be published 24 hours before the measure comes into effect, so all citizens know it.  

The situation in Spain and how get the residence visa 

Now, Spain has not closed the borders. However, and due to the pandemic, the Government is not giving visa tourist temporally to international citizens. This means that citizens from non-European countries and of the rest of states (not including Australia, Canada, China, Georgia, Japan, Morocco, New Zealand, South Korea, Thailand and Uruguay) they cannot enter to Spain.   

Although this restriction, international citizens who want to get the Spanish residence and travel to the country they have a very attractive option to do it. This route offers the resident visa through a bank deposit of €1.000.000 into a Spanish bank. This visa it is valid for 1 year (2 renewable) and it is eligible to your family. So, you can travel to Spain as a resident and visit different properties, and if you want you can change the deposit for a property. 

This option has been very well received for many of our clients, since it has allowed them to obtain a residence visa and travel to Spain, and once there, decide in which property invest.  

Are you interested? Contact us 

 

Cyprus’s government has announced the suspension of its Golden Visa programme, which will be put on an end on November 1 indefinitely. This decision comes after an investigation report by Al Jazeera ‘The Cyprus Papers’, which demonstrate that many politicians gave the visa residence to non-EU citizens with criminal record 

 According to this report, thirty persons who benefit from the Golden were accused of illegal action, whereas 40 of them are politically exposed. Other people who bought the Golden Visa programme are involved in money laundering, corruption and other criminal activities.  

 For its part, on April last year, members of the European Union criticized Cyprus, but also Bulgaria and Malta for its investment programmes and urged their abolition. 

 However, business leaders in Cyprus have asked the Greek cabinet to reinstate the Golden Visa programme in order to maintain the island’s economy. 

 The Greek Golden Visa programme was launched in 2013 and during all this period has raised €7.000 million.    

 Orience International by your side 

To face and avoid these types of crimes, which are penalized and also mean that the international investor cannot get the residence visa and start a new life with her/his family in another country, Orience International stands by your side, offering and end-to-end service 

 What does this mean?  That we help you before, during and after obtaining the residence or citizenship programme. We study each costumer situation and, depending on it, we offer the programme that best fits their needs. We prepare all the necessary documentation and tell the particularities of each one.   

 Our multidisciplinary team, with experts and lawyers specialized in different sectors of law, provide a quality and competitive service and they guarantee a transparent and secure transaction. Moreover, we analyze, advice and supervise all the operations. 

 We also help you to present the documentation to the competent authorities and once you have received the visa, we stand by your side offering the best relocation services for you and your family (schools, rental car, languages lessons, etc.). 

Contact us

 

Source: https://www.schengenvisainfo.com/news/cyprus-to-suspend-golden-visa-scheme-amid-accusations-of-its-criminalization/

According to recent data, the demand to open a bank deposit as a route to get the Spanish Golden Visa, has increased during last months. As the statistics show, due to the travel restrictions imposed by the coronavirus crisis (countries are not given visa tourist temporally) many international investors are applying for the residence visa without leaving their country of origin. 

 This route offers the possibility to get the Spanish residence valid for one year (and renewable for two years) by depositing 1.000.000 in a Spanish bank accountOnce the visa has been issued, you can travel and enter to Spain without restrictions as a resident. Moreover, you can invest on real estate market by reinvesting the bank deposit in the purchase of a property.  

 As we have said before, one of the main characteristics of this option, is that you can get the Spanish residence visa without leaving your country of origin. You only need to empower Orience International who will open the bank account on your name. Moreover, it is also possible to submit the request for your family members: spouse and children under 18 economically dependent.  

 Acquisition process 

Once you have done the bank deposit, the bank is going to check and verify all the information and documentation. Once all this process has finished, you can apply for the Spanish residence, which it will take around two or three weeks. Then you will be able to travel to Spain and visit al the properties to invest on real estate 

 It is a very quick, simple and agile process and safe and secure bank operation. We stand by your side during al the procedure, supervising and checking all the steps until you get the Spanish residence permit.  

 Why should you invest in Spain? 

According to a recent study, Spain is ranked as one of the best countries to live after the coronavirus crisis. The country stands out for its quality and family life, good prices and political and economic stability, which make the country one of the best options to live and invest right now. 

 These are other advantages of the Spanish residence visa:  

Move around the Schengen Zone 

One of the main benefits of the Spanish Golden Visa it is that you can travel and move around the Schengen area without the need of a visa 

 Good quality life for you and your family 

As we have said before, Spain offers an excellent quality life: cheap living costs (Spain is below average in comparison with other European countries), good balanced job-life, mild Mediterranean climate, beautiful and cosmopolitan cities and stunning landscapes. Spain has everything you need to start a new life.

 Permit to work in Spain 

The residence permit allows you to work in Spain. So, if you plan to look for a job in the country, we recommend you research the job market before moving to the country.    

Permission for you and your family 

Your family (spouse and children under 18) also receive the visa residence permit. Spain offers a great educational system, with prestigious collages and well-known and reputed universities for your children.  

 If you are interest on the bank deposit, do not hesitate to contact us. Now it is a great moment to carry on the bank deposit option. Our team will help you and stand by your side during all the process.  

Contact us and invest in Spain

The Portuguese Golden Visa is one of the most popular and famous programmes to get the residence. According to Serviço de Estrangeiros e Fronteiras (SEF), 107 residence visas were authorized by the Portuguese government on August 2020 and a total of 216 family members (spouse or partner and children under 18 years) also get the residence.

If we take a look at the nationalities, the Chinese (36 residence permit) have been the nationality that invests the most in Portugal, followed by Brazilian (12), Russian (10), African (8), American (7) and citizens from other countries (34). The data also shows, that the Portuguese Golden Visa raised €50 millions in August.

Why should you invest in Portugal?

Investing in Portugal it is always a good idea. Portugal is synonymous with success and good quality life and it has been one of the countries to best manage de coronavirus crisis. Moreover,  and according  to the 2020 Global Peace Index (GPI), Portugal remains as one of the most peaceful countries around the world and it is placed in the third position behind Iceland and New Zealand, which are the first and the second one. Moreover, Portugal is the safest country in the Schengen area, followed by Austria (4th), Denmark (5th) or the Czcech (8th) Republique.

Move around the Schengen Zone

One of the main benefits of the Portuguese Golden Visa it is that you can travel and move around the Schengen area without the need of a visa. That means visa-free access to 26 states.

Quality life for you and your family

Portugal is the ideal place to live with your family for its cheap living costs in comparison with other countries from the European Union. Moreover, it offers a good and balanced job-life. With a good mild Mediterranean climate, delicious food, beautiful landscapes and cities packed with historic interest and cultural experiences like Lisbon or Porto, Portugal brings all you need to start a new life.

Working in Portugal

With the visa permit you can also work in Portugal. So, if you plan to look for a job in the country, we recommend you to research the job market before moving to the country.  Portugal’s most important industries include tourism, automotive, construction, electronics and transportation.

 Excellent educational system

Portugal offers a high educational system with important schools, colleges and universities. The University of Porto is one of the most prestigious in the country followed by the Lisbon University.  So, we can say that the country is undoubtedly one of the most affordable places for higher education in Europe.

Investment options to get the Golden Visa

If you are thinking of investing in Portugal, we have the best option for you. The Golden Visa Portugal programme is one of the most attractive and accessible in Europe. With a minimum investment of €280.000 you can get Portuguese residence for you and your family (spouse and children under 18).

However, there are other options to get de Portuguese residence:

  • €350.000 investment in real estate more than 30 years old or located in urban regeneration areas.
  • €500.000 investment in real estate.
  • Create 10 full-time jobs.
  • Private equity funds.
  • Research: Investment of € 350,000 in research carried out by accredited institutions that are part of the national scientific and technological system.
  • Existing business

Acquisition process

We offer an end-to-end service and help you in all the steps to get the Golden Visa permit. First of all, we show you the different investment routes that we offer, and we help you to decide which one is the most suitable one according to your needs. Once you have decided, it is time to prepare all the documentation. We will inform you about the particularities of each document.

Then you should submit the residence application and complete the real estate acquisition or the way chosen for applying. After that, you will be required to pay the Government application fee and provide a copy of all the required information. You will finally, receive the residence approval.

Contact us

Source: Serviço de Estrangeiros e Fronteiras (SEF)

As we told in the last post, due to the pandemic crisis, countries are not given visa tourist temporarily. This means that international investors and all those people who want to travel to another country (as a tourist, to invest or to see familiars) they cannot do it.

Bank deposit, the best option to get the Spanish residence

However, there is a very attractive option available for all those who want to get the Spanish residence and travel and enter to the country. This route offers the resident visa through a bank deposit of €1.000.000 into a Spanish bank. With this visa the applicant, who must maintain the bank deposit, can travel to Spain as a resident with his/her family.

In this sense, during last months there has been an increase of the demand to make bank deposits as a way to get the Spanish residence. They are normally, international investors who want to invest in real estate and due to the crisis, they cannot travel to Spain and carry on the financial operation.

Who can make a bank deposit and acquisition process

Any international investor that has reached the legal age of 18 years, has no criminal record, and has €1.000.000 can apply for this residence permit. It is not necessary to travel to Spain to make the bank deposit. Any international investor can empower Orience International who will open the bank account on applicant’s name.

Moreover, as we have said before, it is also possible to submit the request for their family members (spouse, children under 18 economically dependent).

Once the bank deposit has been done, the bank has to check and verify all the information. When all this process has finished, the international investor can apply for the residence, which it will take two or three weeks. Then, he will be able to travel to Spain and visit all the properties to invest on real estate.

Discover here other ways to get the Spanish residence.

Benefits of the Spanish residence

These are the main advantages of getting the Spanish residence:

  • Visa-free travel to Schengen zone
  • Right to live and work in Spain
  • Entire family is eligible to the programme
  • Good quality life
  • Access to one of the best healthcare systems around the world
  • Access to an excellent educational system

If you are interest on the bank deposit, do not hesitate to contact us. Now It is a great moment to carry on the bank deposit option. Our team will help you and will stand by your side during all the process.