Andorra is a tiny independent principality located between France and Spain in the Pyrenees mountains. It known mostly for its ski resorts and having a favorable tax regime where there are no wealth, inheritance or capital gains tax. It also boasts of having one of the best healthcare systems in the world if not the best. Andorra ranked the highest among 195 countries with a score of 95/100 in the Healthcare Access and Quality Index study made by the Institute of Evaluation and Metrics of the University of Washington, USA between 1990 and 2015 and published in The Lancet, a publication University of Washington, USA in 2017. You can enjoy this healthcare system thanks to the Golden Visa Andorra.

This is evident in that Andorra has the highest life expectancy in the world. In a 2010 survey, it was 79.8 years for men, and 85.2 years for women. This can be attributed to locally grown and grazed food like green leafy vegetables and cows and horses that graze high in the mountains, a population of only 70,000 people and a high per capita income.

A big part of the culture of Andorra is lots of exercise where sports and outdoor activities are combined. Much of the principality sits on mountainous land so hiking is a normal activity even to visit a neighbor and skiing is a beloved sport that most Andorrans indulge in. Despite its modernization and progress, Andorrastill boasts of fresh mountain air. The pace of life is also slower and less stressful in Andorra.

Healthcare system characteristics

Andorrans have made the most of these natural attributes. Almost all traditional healthcare services are available in Andorra and there are many specialists in different fields. There are specialized medical, beauty and wellness centers that are staffed with professional and qualified staff. There are integrative health services that bring conventional and complementary medical approaches together to care for the whole person like regenerative medicine, sports medicine and biomedicine treatments. Holistic therapies for both body and mind are also offered.

The healthcare system of Andorra is a major contributor to the high standard of living in the principality. It is a highly efficient, simplified and centralized system. The CASS or Caiza Andorran Seguretat Social is the single body that regulates all societal requirements and medical coverage in Andorra. 92% of Andorran citizens are covered by CASS and in most cases, 100% of medical expenses are covered.

The effectiveness of healthcare in Andorra is based on three fundamental principles:

  • Co-responsibility – Andorran citizens pay for part of their treatment and consistently contribute to the CASS.
  • Solidarity – Andorran citizens who cannot afford to pay for part of their treatment are not excluded from the system.
  • Free choice of doctors – Patients can choose their own doctors Andorra has a ratio of 3.33 doctors per 1000 residents and 2.5 beds per 1000 residents in the only hospital in Andorra, the Hospital Nosra Senyora de Meritxell where both public and private physicians practice. There are also 10 health centers and more than 50 pharmacies scattered throughout the principality.

CASS also has agreements with Spain and France for specialized treatments if they are not available in Andorra.

How obtain the Golden Visa Andorra

This excellent, best-in-the-world health system is only one of the benefits that can be enjoyed with the acquisition of a Golden Visa Andorra or the residence by investment visa.

The Golden Visa is the easiest to acquire and requires only the following:

  • A minimum investment of € 350,000 through a bank deposit, real estate rent or purchase, or purchase of company shares or to start a business
  • A minimum stay of 183 days in the country
  • Regular contributions to CASS

In return, the possessor of a Golden Visa Andorra will enjoy the following benefits:

  • The same excellent health care services that Andorran citizens enjoy
  • Favorable tax options
  • Visa-free travel to Spain and France
  • Excellent quality of life for the possessor and his family
  • The same high standard of living Andorrans enjoy

 

The Human Development Index (HDI) developed by the United Nations ranks Spain as the 5th best country in the world to live in.  Spain 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. If you are looking for a country that provides a healthier and relaxed lifestyle, then Spain is the country and the Golden Visa Spain the ticket to a healthier and relaxed lifestyle.

The Golden Visa Spain requires a minimum investment of € 500,000 in a real estate market that 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 and live a healthier and relaxed lifestyle.

Live a healthy life in Spain

The Golden Visa Spain also allows for the healthier lifestyle Spain is becoming known for.  A 2018 study by the Washington Institute for Health Metrics and Evaluation predicted that Spain would surpass Japan as the country with the longest life expectancy by 2040.  Spanish people have a life expectancy of 83.2 years.  A 2019 Bloomberg Healthiest Country Index showed that out of 169 countries, Spain is the healthiest nation in the world.

Health experts attribute this longer life expectancy and overall health and wellness to the Mediterranean diet that Spaniards have been following for many generations, and an excellent healthcare system.  Other factors like the good weather and a relaxed lifestyle have contributed to Spaniards’ health and wellness.

The Mediterranean diet is the high consumption of olive oil, legumes, unrefined cereals, fresh fruits and vegetables, and fish, a moderate consumption of dairy products and wine, and a low consumption of meat products.  The freshness of the produce which are mostly home grown and therefore have less traveling time also contribute to the success of this diet.

The traditional preparation and cooking techniques that Spanish cooking is known for also contribute to the Spaniards’ health and wellness.  These techniques have changed very little over time and passed down from generation to generation.

Climate and temperature also have a big impact on one’s health.  Spain’s constant sunlight encourages people to be more active and outdoors.  Sunlight increases the body’s vitamin B levels that can prevent cancer, boost the immunity system, keep bones healthy and strong and provide higher energy levels.

Spaniards have developed a lifestyle that is relaxed in comparison to that in the rest of Europe or the US.  There is less concern for time and Spaniards are never in a hurry.  Meals are leisurely and mostly never alone, and serve as a time to take a break, catch up and refuel that may include a few minutes of siesta or light sleep.  Many shops, cafes, restaurants and business establishments close during the hottest time of the day and open again when it is cooler and stay open until late in the evening.

Enjoy one of the bests healthcare systems of the world with the Golden Visa Spain  

The Spanish healthcare system is one of the best in the world.  It guarantees universal coverage and free healthcare access to all Spanish nationals regardless of economic situation or participation in the social security network and offers private or public healthcare services. The Spanish healthcare system is decentralized with service delivery organized at the regional level.   This means not only a faster and more efficient service delivery but also availability in the remotest rural areas.

So, if it a healthier and relaxed lifestyle you are seeking, then Spain and the Spanish Golden Visa is for you.

 

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.

 

Many countries in the world offer the possibility to foreign entrepreneurs to obtain a residency permit through the Golden Visa program. This program grants the applicant and his family the opportunity to live, work and study in the country that offers the program in exchange for an investment in real estate. The visa-holders will be eligible to benefit from the many advantages that come from this program, such as the possibility to visit other Schengen countries without the need of an additional visa if the Golden visa you acquire is in Europe. Moreover, the peak benefit of a residency permit is that you can enjoy living in some of the world’s healthiest cities.

Investment options to obtain the Golden Visa

The number of international investors that are interested in the Golden Visa is increasing for the affordability and advantages that will be granted to the whole family. One of the main reasons a Golden Visa is attractive is for the advantages that come from living in the country in particular. For instance, Spain offers this visa program for a real estate investment of a minimum of €500,000. The cities of Madrid and Valencia are the top 1 and 2 in the list of World’s Healthiest Cities in the World, and the great public and private healthcare system of the country might be one of the reasons. The process for this residency option typically takes 60 days and does not require any length of stay in Spain in order to benefit from all rights granted by it, as long as the investor chooses among these investment options:

  • 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

After residing in Spain for 5 years, the golden visa-holders can be eligible to obtain the permanent residence, and after 10 years, the spanish citizenship.

What are the cities that offer a healthier quality of life?

After the spanish cities, on top 3 and 13 on the list of the 20 healthiest cities in the world are two portuguese cities: Lisbon and Porto. The country also offers a Golden Visa program for international investors that want to buy a property in the country and receive a residency permit in exchange. The best investment options for this visa are a purchase of real estate for at least €500,000. Once you receive your golden visa, you will be able to move to the safest country in the world. For both Golden visas in Spain and Portugal, the lifestyle is led by a Mediterranean cuisine famous for being rich in Omega-3 and its fresh ingredients. Also, with these visas you can enjoy freedom of movement through the Schengen Zone and visit other European countries.

In the top 4 and 10 in the list of the healthiest cities in the world we find Vienna in Austria and Zurich in Switzerland respectively. These European countries also offer a Golden visa, but the method of investment is different than in the previous countries. To acquire these golden visas you must invest in something which would create jobs and have an impact on the economy of the country. Also, with these visas, as well as in the other European Golden Visas you can enjoy freedom of movement through the Schengen Zone and visit other European countries.

How can help you Orience International

If you are planning to move to a healthier city in Europe, our experts in Orience International will help you and give you advice on what is the best investment option for you and your family.

The process for the application of the Golden visa in one of the previous programs mentioned earlier starts with the submission of the required legal documents as well as the residence application. Once your residence application has been examined and approved, you will be issued a residence permit that will allow you to enjoy the advantages that come from living in one of the top 20 Healthiest Cities in the World, specially during these times whereas health is a top priority.

 

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

 

Spain Golden Visa is one of the hottest programs in the market that allows foreign investors to acquire a residency permit by purchasing real estate in the country with a value equal to or greater than €500,000. One of the main reasons is the country’s potential for financial growth, for the location of Spain, near touristic places in both Europe and Africa, as well as the plenty of locals, guarantees the success of a business.

Moreover, investors choose the Mediterranean country as their new location because of the advantages that come from living in Spain, such as having access to public and private healthcare, as well as to the educational system in the country which will ensure the best quality education at international level to your family.

List of documents required

In order to obtain the Sapin Golden Visa and start your new life as a residency permit-holder of the country, the applicant must first submit the complete and correct needed documents 90 days before the expected date of travel. If failed to do so, the application will be rejected and they must fill for a new appointment at a later date. However, the Golden Visa Spain does not require length of stay in Spain for the visa-holders to benefit from all rights granted by it.

These are the documents for buyers of real Estate in Spain that seek to obtain the residency visa:

  • Visa application form filled and signed
  • One passport-type photo (white background, 2×2”) glued to the form
  • Passport or Travel Document original and a photocopy.
  • Driver license, State I.D. card, Voter’s Registration Cards, current student I.D. Any I.D. Card that proves your place of residence is within the jurisdiction of the Spanish Consulate of Los Angeles original and a photocopy (for US citizens)
  • Alien Registration Card or long term U.S. Visa (for non-US citizens only)
    • Holders of B-1 and B-2 Visas cannot apply in the United States; they must apply in their country of residence or country of origin
    • Applicants holding Student Visas must also submit their I-20 signed by the university on the last page and a copy of their F-1 Visa
  • Certification of “absence of police records” and a background check verified by fingerprint comparison
  • Disclaimer duly signed
  • Payment of the Visa Fees
  • Certifying Documentation

All the documents for this visa need to be in Spanish or translated by a Sworn Translator. Therefore, the original, a photocopy and the translation is required. Once the visa has been granted to the investor, it will be valid for a period of 365 days upon the formalization and acquisition. If the visa has not yet been formalized but there is a pre-contract with guarantee of its compliance, the residency permit is for 6 months instead.

Options of investment to obtain the Spain Golden Visa

The investment options available for the Golden Visa Spain are:

  • 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

Whether the reason you decide to obtain the Spain Golden Visa is to relocate with your family to the country and benefit from the Spanish Education System and the healthcare, as well as to secure a comfortable life with its Mediterranean weather, low cost of living and the wonderful lifestyle; or because you aim to expand your business opportunities towards the Northern Hemisphere in a country where millions of tourists visit it each year.

Orience International will accompany you during the process and help you choose the investment option that will best fit your situation.

Some weeks ago, the European Commission announced that in order to let tourists enter the EU countries, they will be granting certificates to travellers that have received full vaccination against COVID-19 or, alternatively, have recently received a negative test result or have recovered from the infection. This decision was to help improve the tourism industry of the countries that have border controls and entry bans for over a year now to avoid the entrance of non-residents of the country that wanted to make a visit. Nevertheless, the release of the vaccines has motivated the EU countries to look for solutions for residents and visitors to adapt easily to the new normal, and restore the freedom for travelling. You can move freely around Europe thanks to this certificate and your Golden Visa

The president of the European Commision, Ursula von der Leyen, first presented the EU vaccine passport in March. This certificate would enable people to travel to any European country without the need of a 14-day quarantine upon arrival to the country and have unrestricted access to public places starting June of 2021.

Changes of the UE Travel Certificate

Following the new updates on the certificate with the summer season approaching, some changes have been proposed by the MEPs, which includes the modification of the certificate’s name into the “EU COVID-19 certificate” instead of the Digital Green Certificate. Moreover, the certificate should be in place for a maximum of 12 months and will specify the vaccine the holder has received and the amount of doses. The vaccines that have been approved by the European Medicines Agency include Pfizer/BioNTech, Moderna, and Johnson & Johnson. Thus, non-European people with one of these vaccines will be eligible to visit an EU country that has lifted the restrictions.

Golden Visa to travel around Europe

Some European countries offer various programs to foreign entrepreneurs that want to acquire a residency permit in the country. The best option in the market is the Golden Visa, which will also allow them to establish a new location for a partnership, or to find a new home for their family. The EU COVID-19 certificate will also open new opportunities to international investors that want to travel to an European country for business.

The golden visa is granted once the applicants have invested in real estate within an EU member country that offers this program, such as Greece, which will allow foreign visitors with the COVID-19 travel certificate to enter the country this summer as the Tourism Minister Harry Tehocharis announced on March 9. The holders of this visa and their family members will be able to live, work and study in the country, as well as to have the opportunity to travel within the Schengen area without the need of an additional visa.

The EU COVID-19 certificate will be the first step for international families that want to visit or relocate to an European country with the use of the Golden Visa. There will be no need for them to quarantine, self-isolate or test upon arriving – visa-holders with the COVID-19 certificate will be free to enjoy the summer in one of the amazing beaches in Greece, or savour the magnificent Spanish cuisine in a terraza in Les Rambles in Barcelona.

With the Golden Visa, the summer of 2021 in one of these European countries that have lifted their restrictions to visitors that are holders of a EU COVID-19 certificate can turn into a longer stay. This investment in real estate is the free pass for whole families to enjoy a more prosperous life, with the chance to change location in crisis situations or when unexpected life-threatening situations, such as the current health crisis. The EU COVID-19 certificate will allow you to enter the European country you choose, but with the Golden Visa, you and your family can stay.

 

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.

 

With a shared history that began with the British colonization of India in the 17th century, the United Kingdom is an excellent choice to live and invest through the UK Citizenship by Investment or the UK Golden Visa.  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 an article published by the Times of India in February 13, 2021, India’s rich rank number one in looking to leave 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 an UK visa can provide and the added option to settle anywhere in EU.

UK Golden Visa

The UK Golden Visa is an excellent option especially for entrepreneurs and start-ups rather than for those looking to invest in real estate.

The UK Tier 1 investment visa requires that the applicant live at least six continuous years in the UK or must have lived seventy five percent of the time over five years in the UK or no longer than four hundred fifty days outside the UK over five years. Temporary residency in the UK is granted an investor and their immediate family for 3 years and can be extended for another 2 years.   After 6 years, the investor can apply for citizenship.

The UK Tier 1 investment visa requires a £2 million investment to build innovative businesses that meet new or existing market needs, has the potential to create jobs, and has the growth to enter the national and international markets.

Ninety-nine percent of commercial organizations in the UK are small and medium-sized businesses.  While the last five years have seen a surge in start-up activity. Thousands of people are encouraged to act on their ideas and set-up their own company.

Reasons why the UK is a great place to start a business:

  • It doesn’t cost much to register a new business and the process is streamlined and quick.
  • The government is pro-business. They support entrepreneurs and encourage people to set-up their own companies.
  • Corporate taxes have been slashed.
  • The government has a number of schemes that foster business growth like Start-up Loans, the Enterprise Finance Guarantee Scheme, the UK Innovation Investment Fund and the Aspire Fund.
  • The government also provides advice and support to entrepreneurs from organizations like the Growth Accelerator and Mentorsme.
  • Inflation and interest rates are low which allow businesses to keep their costs low and their capital stretching a little further.
  • Loans for small and medium enterprises are readily available while start-ups have a range of financing options. The UK still has a very active venture capital community.
  • Seed Enterprise Investment Scheme (SEIS)
    • The Seed Enterprise Investment Scheme or SEIS was established by the UK government in 2012 to encourage taxpayers to buy shares in new start-up companies registered in the UK and receive a discount on their tax payments of up to fifty percent depending on the amount they invest. A win-win situation for both parties.
  • A majority of the start-ups in the UK are technology based and the UK has the technology in place to support these businesses.
  • Consumers are flocking to small businesses as they look for bespoke items and personalized services.

Top ten UK start-ups in 2020

  1. Financial Services
  2. Information Technology
  3. E-commerce
  4. Healthcare
  5. Telecommunications
  6. Artificial Intelligence
  7. Privacy and Security
  8. Travel and Tourism
  9. Energy
  10. Media and Entertainment

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.