The Golden Visa Spain is the best option for international entrepreneurs that are planning to invest in the country to benefit from the country’s potential for financial and lifestyle growth. Aside from having the opportunity to live and work within the countries in the Schengen region, once you become a holder of this visa, you and your family will be eligible to access the healthcare and educational system of the country. In recent years, Spain has been updating its education system through new and innovative teaching methodologies to offer the best quality education to their Spanish and foreign students. Therefore, the Golden Visa Spain will give your children the opportunity to learn in a school that leads in the world rankings.

How is the Spanish educational system?

Aside from its low cost of living and appealing weather, Spain is known to be among the best in terms of the educational system, as some schools in the country have been declared as among the best schools by the elite of education worldwide, proven to be even better than institutions in Finland, Japan or Korea. International students will have the opportunity to learn from the linguistic, historic, artistic, architectural, natural, musical, athletic, and gastronomical wealth of the country. Moreover, according to the 2015 PISA/OECD survey on the education standard of 70 countries, Spain has shown its great potential in terms of Science and Mathematics performance. All of these have led the country to guarantee that students develop a sense of belonging at school, wherein they are able to grow and achieve their full potential when it comes to career development.

The school system in Spain is divided into four levels:

  • Preschool (0-3 years and 3-6 years),
  • Primary school (6-12 years),
  • Compulsory secondary education or ESO (12-16 years)
  • Post-16 education (16-18 years).

The first 10 years of the students between the ages of 6 to 16 are obligatory and free of charge, for those who have enrolled in a public state school. After graduating from the compulsory secondary school (ESO), the child may choose what path to take: they can choose to take a vocational training of two years or continue on to post-16 education (Bachillerato). Upon deciding on the second option, the major he chooses in the Bachillerato will determine what course he will be taking at the University of their choice after they have passed the entrance examination (Selectividad). Pompeu Fabra University, Autonomous University of Barcelona, and the University of Barcelona are top 3 universities in the country that are part of the World University Rank of 2021, all of them in the Catalan city of Barcelona.

MBA for international students

Furthermore, international students can also acquire their graduate degrees in the country from some of the best business schools in Europe. The Barcelona Campus of IESE Business School – Universidad de Navarra is on top of the list in the Spanish MBAs, placed 12th globally in 2019. As a further testament to its international notoriety, IESE’s Full Time MBA program consistently boasts a student class that is predominantly non-Spaniard. The school offers flexible and comprehensive courses to maximize students’ potential in the fields of investment banking, management consulting, or entrepreneurship, among others.

Why apply for the Golden Visa Spain?

The reason why families aspire to obtain the Golden Visa Spain and decide to study in the country is not only for the quality of education but also for the budget-friendly lifestyle, an important factor for college students that are looking forward to getting international level education for less than in other schools in Europe. Moreover, students will have the opportunity to learn the second most spoken language in the world, after Chinese, which will be a huge advantage when it comes to work application and culture development, particularly useful in the emerging markets of Latin America.

You will also have the opportunity to live in one of the most cosmopolitan cities in the world, such as Barcelona or Madrid. In these cities are some of the most important colleges and universities in Europe.

Are you interested in the Golden Visa Spain?

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International direct investment in Spain has a wide range of opportunities for entrepreneurs that are looking forward to investing in a long-time plan while having the chance to live, work and study in the country along with their family members. International investors that apply for the Golden Visa Spain will surely benefit through the measurements under the Spanish Government such as the principle of free establishment and non-discrimination of international investors, incentives for FDI like tax benefits, professional training and preferential access to credit, among others, as well as guaranteed talented and skilled labor for the success of their businesses. Nevertheless, there are more reasons to consider when it comes to the lifestyle and advantages in the way of life in Spain, for the recent updates in the Spanish Education System and the free high-quality healthcare system will finalize your decision in investing and living in the Mediterranean dream.

Two benefits of the Golden Visa Spain

Educational System

By receiving the Golden Visa Spain, you and your family will be entitled to the right to access the educational system and healthcare of the country. This will mean that your children will be able to enroll in a state school, a partially state-funded independent school, or in a private school of your choice. In recent years, Spain has undercome through updates in their education system, which has widely improve the teaching quality, innovation, infrastructure, and curriculum to adapt to Spanish and foreign pupils. According to the most recent Pisa survey of Schools in the OECD, Organisation for Economic Cooperation and Development, the quality of education in this country has been proved to be better than schools in Finland, Japan or Korea, whereas some schools in Spain are declared as best schools by the elite of education worldwide. Furthermore, this has been possible because many education programs in Spain provide international curricula, such as International Baccalaureate (IB), or the British Curriculum (GCSE and A Levels) that offer innovative methodologies that are suited to ensure the success of their foreign pupils.

Children that are under the Golden Visa Spain program can enroll in the Child Education, Primary Education, Secondary and University in the country. There is a wide range of schools available that ensure the utmost quality for international students that are aiming for an excellent academic experience. Spanish schools are committed to continuous innovation and training in new methodologies which are praised for their international quality. Furthermore, studying in Spain will provide international students the opportunity to learn the second most spoken language in the world, which will be a huge advantage when it comes to work application and cultural development. For that, Spain has been a great academic destination for families that seek their children to become a competitive shot wherein the highly prestigious schools offer education in both Spanish and English language.

Healthcare system

In terms of the Spanish healthcare system, the country offers both state healthcare services that guarantee high-quality health care of universal coverage for all residents (including foreigners who had obtained the Golden Visa Spain) free of charge. To do so, you must register first with the Spanish social security, get your Spanish social security system and apply for a health card (tarjeta sanitaria individual or TSI); then you will be entitled to medical help. Although residents in Spain through the Golden Visa Spain are able to get free healthcare services, they can still apply for private healthcare. As matter of fact, Spain ranks 19th on the 2018 Euro Consumer Health Index and it is praised for its improving health outcomes.

The advantages that come from investing in Spain are the main reason why, amidst the ongoing pandemic, there has been a total of 6,198 Golden Visa Spain issued by the end of June. International investors that see the country’s potential for financial and lifestyle growth are taking the chance to turn the Golden Visa Spain into their life plan. Are you interested on the Golden Visa Spain?

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The Portugal Golden Visa has topped the Annual Global Retirement Index for 2020 with its affordable lifestyle, high safety rating, and quality professional healthcare. One of the investment funds available for the application of this residency permit is by the investment of €350,000 in an investment fund, which allows the applicant and their families to work, reside and study in Portugal with the benefit to visit other European countries from the Schengen Area. From the 26 nations in Europe, including France and Germany, you and your family will be able to experience different cultures and wonderful landscapes while being a resident of one of Europe’s safest country.

One of the many reasons 7,885 primary applicants and 13,364 dependents have opted for this residency permit since the start of the program of the Portugal Golden Visa, is that the investors’ children will be suitable to access the education system of the country, which includes 2 of the 10 best European universities with international high standards.

The Portugal Golden Visa has undergone some changes since its approval in 2012, whereas one of the best investment options added in 2018 is the investment fund option for a €350,000 investment. This is an alternative for investors that want to bet in an investment fund managed by corporate experts in the field; entrepreneurs will choose a start-up or medium-sized project with a great development potential to invest in. There are a variety of sectors regulated by CMVM, Portugal’s regulator, where the applicant can choose to invest, like real estate, technology, and industry. Aside from the fact that it is being handled by experts qualified in the sector you invest in, other benefits of investing in an investment fund for the Portugal Golden Visa, the capital that is invested are tax-friendly whereas dividends and capital gains are returned to the investor through tax-exemption. In addition, some funds may be backed by the Portuguese government through subsidies or financed by the Instituição Financeira de Desenvolvimento, or FDI. By means, you will be saving lots of money on fees, taxes, etc. with this investment route.

To choose a sector where investors will place the fund, according to managers responsible to regulate under CMVM, one of the main categories is the funds specifically designed for the Portugal Golden Visa. This will ensure a matching length or option of early withdrawal with assistance for the Golden Visa process. An example of funds design for Golden Visa investors is the BlueCrow Growth, with a minimum investment of €350,000 over a 7-year term with a deadline of December 22. Another is the Golden Bridge under the real estate sector, which with the same amount of fund, investors will be associating with the rehabilitation and management of properties in premium locations focusing on high return in the long term over a fund period of 6 years.

To apply for the acquisition of the Portugal Golden Visa applicants must prepare their documents and submit their residence application. Once it has been approved and the permit issue fee has been paid, the residence certificate will be released with a validity of one year. The renewal process should be terminated at the end of the first and third year to be able to apply for permanent residency. The Portugal Golden Visa requires applicants to stay in the country for at least 7 days during the first year, and 14 days in the two following years in order to obtain the permit. Nevertheless, aside from having the opportunity to grow your business and live a Mediterranean lifestyle, the permit will direct you to own the Portuguese passport, one of the most valuable passports in the world.

Are you interested in the Golden Visa Portugal? Contact us

 

The Portugal Golden Visa is for international entrepreneurs that are thinking of investing and widening their opportunities towards Southwestern Europe. With different investment options available for a minimum of €280,000, the Golden residence Portugal allows families to work and reside in Portugal with the added benefit to visit other European countries such as Finland, Germany, and France. This permit will not only benefit you financially in the long-term, but will also give your family the opportunity to experience the Mediterranean lifestyle.

Portugal also offers access to 2 of the 10 best European universities that ensure quality international education. This may be among the many reasons there have been over 7,885 primary applicants and 13,364 dependents since the start of the program, composed of the investor and its entire family (spouse and children under the age of 18), for the Golden residence Portugal. According to SEF, only in the month of August of 2019, €553 million was invested through this program.

Investment option for the Golden residence Portugal

Since the approval of the Golden residence Portugal in 2012, there have been some changes in the qualifying investment options to widen the possibility for more international investors. Ranging from €280,000 to €500,000, the Golden residence Portugal offers seven different options for investment, from Real Estate Rural Areas, to investment in scientific research. Here are the investment options for real estate and equity funds for this Golden Visa:

  • Real estate investment. Investment of €500,000 in a real estate property in Portugal
  • Real estate urban areas. Investment of €350,000 in real estate more than 30 years old or situated in urban regeneration areas
  • Real estate rural areas. Investment of €280,000 in real estate more than 30 years old or situated in rural regeneration areas
  • Private equity funds. Investment of at least €350,000 in a private equity fund

There are other options for investment that can be equally beneficial, these are:

  • Creating 10 Full-time Jobswithin a Portuguese business
  • Investment of €350,000 in researchby accredited institutions from a national scientific and technological system
  • Investment of €350,000 in an existingcompany registered in Portugal

To ensure that the investment is valid, the investments made under Golden residence Portugal program must be maintained for a minimum of 5 years from the date the residence permit is granted.

The process of acquisition of this permit starts with the preparation of documents which includes the proof of investment documentation. After submitting the residence application, you will be required to pay the government application fee and provide a copy of all the required documentation. Once your Golden residence Portugal Visa has been approved, the government permit issue fee must be paid.

Then you will be issued with the residence certificate which is valid for a year, and after renewing the certificate at the end of the first and third year, you will be granted permanent residency. The Golden residence Portugal can be also requested by a legal representative without the applicant having to appear in person; nevertheless, Orience International offers a professional guide which can help ease and simplify the process, with an experienced team ready to direct and assist you toward the most suitable path for you and your family.

The Portuguese Golden Visa does not require you to live in the country to pursue this program; however, international investors must stay in the country for at least 7 days during the first year, and 14 days in the two years following obtaining the permit. Upon receiving the residence certificate and following the renewal protocol, the Golden residence Portugal will grant you a permanent residency at the end of year 5, with the possibility of traveling to 185 countries with the 7th most valuable passport: The Portuguese passport. Your whole family will now be able to experience all that Europe has to offer without the need for a Visa.

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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.

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Source: Serviço de Estrangeiros e Fronteiras (SEF)

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.

The GPI, which ranks 163 independent states and territories according to their level of peacefulness, is done by the Institute for Economics and Peace (IEP) and it presents the most comprehensive datadriven analysis to date on trends in peace, its economic value and how to develop peaceful societies.

The index measures more than just the presence or absence of war. It captures the absence of violence across three domains:

  • Safety and security
  • Ongoing conflict
  • Militarization

In the first domain, Portugal is placed in the 9th position. Safety and security, also includes how the countries have face-up and respond to the pandemic situation, which Portugal has successfully managed. In the second domain, Portugal is in the 13th position, and finally, on militarization it is in the 8th position.

 Why it is a good idea to invest in Portugal?

As we have explained in many occasions, investing in Portugal is synonymous with success. The country has been placed in the top of countries to invest in the real estate sector. Moreover, with an excellent quality life, good education and health systems and with very attractive prices, the country has been positioned as a great opportunity for international investors.

Lisbon and Porto, with their competitive prices, are the two cities with the higher demand. The Algarve area is another point of interest for those who want to invest in the country. Located in the southern part of the country, the Algarve is a region known for its beaches, golf courses and tourism.

Golden Visa Portugal

If you are thinking of investing in Portugal, we have the best option for you. The Portuguese Golden Visa programme is one of the most attractive and accessible in Europe.  With an investment of minimum of € 280,000 you can get Portuguese residence for you and your family (spouse and children under 18).

The main advantages of the Golden Visa Portugal are:

  • Get the approval in only 90 days
  • Right to live and work in Portugal
  • Visa-free travel to Schengen zone
  • No requirement to live in Portugal
  • Permission for you and your entire family
  • Excellent educational system
  • 7thmost valuable passport in the world

If you want to get the Golden Visa in Portugal, contact us. Depending on your personal situation we will recommend the best investment options that best suits you. If you are looking for high quality life, Portugal is one of the best options.

Remember that you can invest an apply, without leaving your country. Our team will manage all the procedures and documentation so you do not have to worry about a thing.

An amendment (2015) to the Portuguese ‘Law on Nationality’ allows Sephardi Jews descendants of inquisition-era deportees from Iberian Peninsula to obtain the Portuguese passport/citizenship.

However, on May the Socialist Party presented an amendment to change the original law, and proposed that only the Jewish descendants who have lived in Portugal for two years would get the citizenship permit. According to the Socialist Party, those changes would begin in 2022. This measure would surely restrict the number of people who could apply for the programme; nowadays there are no requirements to get the citizenship.

But last week, the Socialist Party withdrew the proposed after receiving many pressures from the Jewish community in Portugal, alongside with Jewish organizations all around the world. Some critics also said that the amendment anti-Semitic and anti-Zionist.

Orience International by your side

If you want to get the Portuguese citizenship or you are interested in other citizenship or residence programmes, do not hesitate to ask. You can apply for any programme without leaving your country. Contact us.

Source: Times Jerusalem / The Jerusalem Post

The coronavirus pandemic has shown the importance of having a plan B, this means having an alternative plan during crisis situation or what is the same, having a residence or citizenship in another country. In the next post we are going to talk about why having the Caribbean citizenship it is such a good idea.

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.

Increased demand for Caribbean citizenship

Caribbean citizenship is one of the most attractive and profitable options that we have for you and your family. You can choose between different programmes and get your second passport and enjoy the investment advantages that these options offer you.

The warm weather and fine scenery of the Caribbean make it the perfect place for people that loves summer vibes all year long. The more than 7,000 islands that form the Caribbean archipelago have become a great opportunity for foreign entrepreneurs that want to grow their careers, for the thousands of tourists that visit the islands every year make the Caribbean a wise bet for its great potential in the long-term.

As data shows, second passport demand has increased due to the coronavirus and some Caribbean countries, like Saint Kitts and Nevis are offering good discounts to get new citizens. Those are the main benefits of having de Caribbean citizenship:

  • Visa- free travel to different countries: depending on the programme you choose, you have access to different countries around the world
  • Eligible to your family: Not only you can benefit from the program but also your family (spouse and children)
  • Good tax regime: No personal income tax and corporate tax incentives
  • Minimal presence: Normally, there is no physical residence required

Discover the different programs and find the one that suits you best

You can choose between different citizenship programmes according to your preferences. We offer:

If you are interested in any of the following programmes, do not hesitate to ask. Our team will manage all the procedures and documentation so you do not have to worry about anything. Moreover, remember that you can apply for the programme without leaving your country. Contact us!

 

Greece offers the most economic Golden Visa program in Europe and also is the heart of Europe where the western civilization began. Moreover, the climate, beaches, islands or the way of living, made the country a very attractive option for international investors. One of the most famous programs is the Golden Visa Greece, which gives the residence in exchange for an investment in the real estate market. In the next article, Elaine Wang, Orience International specialist in compliance, explains the main changes in the Greek Golden Visa program:

Latest update of Golden Visa Greece program:

Here are the main changes of Law 4251/2014 that are now in force (after the publication of the Law 48/68/2020) :

  1. We no longer need the passport in order to receive the Golden Visa, only a certified copy of the passport and the blue statement. The Law doesn’t specify who must certify the copy of the passport, but most likely passports will be certified by greek lawyers.
  2. The Investor doesn’t have to pay the whole purchase price before the time of the contract, just before the filing of the application. In this case, two contracts will be signed a) the main purchase contract and b) a receipt – contract for the final payment of the purchase price. Moreover, an additional statement drafted and signed by the Notary which will include all the details of the payment will be required.
  3. The Ministers of Economy, Development and Immigration are authorized by Law to issue a joint decision in order to adjust the minimum purchase price for the investment and to draft a catalogue of different areas of Greece with different minimum purchase prices for the investment with a duration of at least five years.
  4. For the children of the Investor, the Golden Visa can be renewed for another 3 years, until the child becomes 24 years old.

Entrepreneurs want to invest in Athens, the capital of Mediterranean Greece. Known for its unique historical architecture within its 2,000 islands, its capital’s popular and touristy neighborhoods are the choice of brokers and real estate experts for promising investments. Even before the pandemic, real estate opportunities in the country were plentiful but in low demand, while homeowners had opted to temporarily resort to long-term leases in hopes of a recovery by the first months of 2021. Strategic investors will see the undervaluation of real estate in potential neighborhoods in the capital as a business opportunity, as there are many places for sale to buy real estate in Greece.

At Orience International we have an office and a team in Athens that can help you through the entire investment process and will accompany you so that you and your family have the visa.

 

On other occasions we have talked about the attractions of Portugal in the eyes of international investors. As we have previously explained, the country offers many characteristics that make it a great opportunity for international investments in the real estate sector. In the next post, we tell you how you can get Portuguese citizenship.

How to get the Portuguese citizenship

From the outset, you should know that there are several ways to get Portuguese citizenship and one of them is through investment, and more specifically with the Golden Visa program. It is a program that offers residency, and later citizenship, in exchange for a minimum investment of € 280,000, with other investment possibilities both in the real estate sector and other types of operations.

Once the investment is made, keeping it in time, and after five years, you can apply for Portuguese citizenship to the country’s institutions. You must prove the investment, as well as the minimum stay of 7 days during the first year, and 14 days in the following four years. In addition, you must demonstrate knowledge of the Portuguese language.

Another option is the acquisition of Portuguese citizenship by right, that is, the one granted to a person who has lived in the country for five years. In the same way as in the investment residence, the interested person must prove the stay in the country for a minimum time, be of legal age, have a clean criminal record and a minimum knowledge of the Portuguese language.

Orience International, we are with you

What are your goals? How do you want to manage your assets? From Orience International we advise you on the investment program that best suits your needs and help you with other subsequent services that you may need.

Remember that, despite the state of alarm, we are 100% operational and continue working to offer you the best service. In addition, you do not need to travel or move from your country to request any management.

Contact us!