The global pandemic has brought the whole world to a standstill. It has changed many of our human activities particularly the ability to travel from one place to another for work or pleasure, an activity that has become commonplace for many people. This mobility has been accelerated by the appearance and influence of the internet and social media where the desire and ability to move is prevalent. Migration, has therefore, become a life choice whether temporarily or permanently, and seeking residence abroad increased the last years. In many ways, the global economy depends on people making decisions to migrate. Global migration has proven to be an integral and necessary part of our globalized economy whether it be as students, laborers, entrepreneurs or businesspersons.

How covid has changed our freedom of movement

The spread of the covid-19 virus worldwide and the management or mis-management of this crisis has countries imposing lockdowns, requiring quarantines, closing borders and requiring certifications of health and tests, vaccination cards and more, human movement has been greatly curbed or altogether halted. The freedom of movement in the global pandemic that does not seem to have an end, has changed the way we move about possibly for the long term and maybe forever. Covid-19 is likely to have lasting migration implications long after people, health systems, and the economy bounce back.

Those abroad with temporary worker’s visas may not be able to go home because of complicated immigration and visa regimes and may experience prolonged separation from their families. They may at some point, loose their jobs due to the economic downturns.  Students with temporary visas are also at risk of loosing their visas along with their internships, part-time jobs and opportunities to work in the country of their choice.

The global pandemic has also brought about political turmoil, economic crisis, climate change and other problems in many countries.  People from these countries are opting to quit their jobs and continue further studies abroad to be able to avail of a permanent residency visa and seeking residence abroad. The demand for this type of visa has never been higher.    

How the Golden Visa can help you to seeking residence abroad

The Golden Visa is an excellent solution to this global problem. Golden Visa holders have the option to live, study and work permanently in a country that has efficiently and properly managed the Covid-19 crisis, has an excellent healthcare system, a stable government and a high standard of living.  It also allows for freedom of movement for the holder and his family.

It is a worthy investment in an uncertain future for the holder and his family.

Benefits of the Golden Visa Spain  

  • A minimum investment €500,000 in Spain in prime real estate property
  • Freedom of movement throughout the European Schengen area
  • Excellent healthcare
  • World-class school and universities including the two if the best business schools in the world
  • A healthy lifestyle that is based on the Mediterranean diet
  • A relaxed, unhurried pace of life.

Benefits of the Golden Visa Portugal

  • A minimum investment of €500,000 in real estate property or capital investments
  • Travel visa-free within the European Union, European Economic Area, Switzerland, the United Kingdom and 186 other countries
  • Includes family members
  • Renewable every two years with no residency requirements
  • Citizenship is possible in 5 years
  • Allows holder to live, work, and study in Portugal
  • Excellent educational system
  • Excellent healthcare system

Benefits of the Golden Visa Greece

  • A minimum investment of €250,000 in real estate property
  • Five-year residency after which one can apply for the citizenship program
  • The right to live, work and study in Greece
  • The entire family is eligible
  • Visa-free travel to Schengen zone
  • Good quality of life
  • High standards of education
  • Free and equal access to the Greek Healthcare System

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 Passport Index is a world ranking that analyzes the most powerful passports in the world, that means, the passports that give more freedom of movement to its citizens.

Like every year, in early 2020, the ranking led by Japan was presented. In any case, due to the current circumstances that are being experienced with the coronavirus crisis and when half the world is confined to their country without being able to leave, the ranking has varied substantially.

We can affirm that Japan has maintained its position at the top of the table, followed by Singapore, which has entered the second quarter of 2020. Third, we find Germany and South Korea tied, and it is in fourth position where we find Spain, along with Italy, Finland and Luxembourg.

As explained by the experts, the circumstances of the pandemic have changed, in some cases, the power of certain passports.

 

The importance of health security

Traditionally, the strength of each passport was measured, among other things, by the country’s economic situation or geopolitical issues. Well, the coronavirus crisis has highlighted the importance of the quality of the health system and emergencies of each country.

According to experts, it will be interesting to see if health security will be one of the aspects to consider when evaluating the option of acquiring a second passport in a specific country.

If we focus on Spain, the health system is characterized by being public and universal. Also, during the Covid-19 crisis, the Spanish executive has taken different measures and decisions that have been applauded by the World Health Organization.

 

The good positioning of Spain

The fourth position that ranking gives to Spain shows the value of having Spanish nationality. Firstly, with this passport we can travel to 188 countries without the need for a visa, this means that we can enter many countries without asking for any prior authorization or doing bureaucratic procedures.

Likewise, Spain enjoys an excellent quality of life. Cosmopolitan cities, but also dream beaches in the Balearic Islands are just some of the options that the country offers us. Madrid and Barcelona are the two most important cities, with a better balance between work and personal life, according to numerous rankings. In addition, and as we have previously pointed out, the Spanish healthcare system is one of the most advanced in the world, which is one more attraction when it comes to investing in Spain.

Finally, it is interesting to note that, through the Golden Visa Spain program, the investor obtains the residence permit for himself, but also for his family, spouse and children.

The following is the top 10 of the index:

1. Japan (191 destinations)

2. Singapore (190)

3. South Korea and Germany (189)

4. Italy, Finland, Spain, Luxembourg (188)

5. Denmark and Austria (187)

6. Sweden, France, Ireland, the Netherlands and Portugal (186)

7. USA, UK, Belgium, Norway and Switzerland (185)

8. Czech Republic, Greece, Malta and New Zealand (184)

9. Canada and Australia (183)

10. Hungary (182)

 

Source: CNN

 

With the coronavirus crisis, the Spanish health system and the others from the rest of the countries are on everyone’s lips. Every day, doctors, nurses and other health staff work hard against an enemy, the Covid-19, which, in more than one case, is testing the health systems and models of each and every country affected.

Although it is true that Spain is one of the countries where the coronavirus pandemic is having the most impact and hospitals are almost at the limit due to thousands of cases, the Spanish healthcare system is one of the most advanced in the world, ranking among the first positions in numerous international rankings. And this is being demonstrated with the current management of the Covid-19.

Among the main measures to alleviate the coronavirus, the Ministry of Health has enabled new spaces such as hospitals so that everyone in need can be attended by health staff. In this way, private clinics have become government-run public centers. Likewise, large spaces such as pavilions are also enabled for coronavirus patients. In all these cases, the healthcare that the Spanish government is offering is completely free, so that all citizens can be properly cared for.

In parallel, ICU beds have also been expanded for more seriously ill patients. In the case of the Community of Madrid, it has gone from 641 to 1.429 beds, more than double. In the case of Catalonia, the 652 ICU beds under normal conditions have been expanded to 1.391.

Everything you need to know about the Spanish healthcare system

Spanish healthcare is one of the main attractions of the country and it is an element to take into account when evaluating the possibility of establishing in this country. The Spanish health system is mainly characterized by two principles, universality and free; this means that the entire population has the right to access Spanish healthcare, whenever and wherever they need without any cost.

According to a report prepared by the World Health Organization (WHO) in 2018, which evaluates the best healthcare systems in the world, Spain is in seventh position, second only to France, Italy, San Marino, Andorra, Malta and Singapore. Once again, this ranking highlights the health boom in Spain with highly qualified professionals and world-class healthcare centers. Likewise, we cannot overlook the fact that Spain is the second country with the highest life expectancy in Europe.

Health, an essential element to consider

When considering the possibility of acquiring citizenship or residence by investing in another country, it is important to take into account certain factors such as the quality of life of the territory and other elements such as education or health. And, most residency and investment programs are extensible to the relatives of the interested party, which means that the couple and the children, under 18 years of age, can take advantage of the rights granted by these programs.

If you are considering the possibility of obtaining citizenship or residence by investment, we can help you. We accompany you during all phases of the investment project, offering you personalized and tailored attention. With a multicultural team we work efficiently and transversally.

Contact us!

Empresa Exterior, an online journal about Spain’s foreign business, has interviewed our CEO, Oriol Molas, with the aim of knowing how the coronavirus crisis is affecting foreign investment, especially within the real estate sector.

Likewise, Molas has explained the need to have a plan B in crisis situations and how Orience International is helping their clients.

Among the most important points of the interview are:

  • Investments that appeared to be underway have not been canceled
  • We keep in daily contact with our clients to help them at all times
  • In situations such as the current one, the need to have a plan B would, citizenship or residence in another country, is highlighted
  • With the Covid-19 crisis, the international investor with multiple residences and / or citizenships has been able to decide where to spend this time
  • The crisis will pass and those characteristics that made an attractive market last over time

Read the interview here!