RESIDENCY BY INVESTMENT

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Why Residency by Investment

The Citizenship by Investment industry is a $3 billion global industry, whereas the Residency by Investment industry is a $7 billion global industry, both growing at an impressive rate of 20% every year, giving the much needed boost to the economies of countries running these investment migration programs, as well as creating jobs & reviving real estate markets in these countries.

2017 saw a number of countries pursuing nationalistic agendas, which saw them taking inward looking steps & putting their individual concerns above globalization. The US pulled out of a number of treaties & agreements, the UK pulled out of the EU, the governments of Australia & New Zealand took steps to curb the number of skilled migrants coming into their countries by either scrapping popular visa programs or by making the qualifying criteria more stringent. In EU too, anti-immigration policies have started to come into effect in countries such as Austria, Poland, Hungary & the Netherlands. Hence, as countries begin to pursue more stringent immigration policies, travel freedom becomes more limited for citizens of countries on the receiving end.

Unfortunately, the politics of one’s home country generally dictates the freedom of movement of many people. A second Citizenship (and second passport) or a second permanent resident (or long term resident) status allows families greater security, access to education, quality of life, stability & diversification of wealth.

Some of the top benefits that Residency and Citizenship Investment Immigration Programs worldwide offer are as follows :

  1. Quality of Life : This is one of the prime reasons why people opt for Residency by Investment and Citizenship by Investment Programs. The increasing awareness and knowledge people now have of various countries and/or regions offering economic migration programs such as the european countries offering citizenship by investment, and also the fact that they are now travelling much more, gives them an insight into the very high quality of life prevailing in many countries including access to better basic services such as healthcare, education, security and travel. These aspirations can now be fulfilled via such economic migration or investment migration programs, which allow families to access these benefits from a large number of alternate countries.
  2. Education : Education of children is top priority for parents worldwide. Having their children study in the top educational institutions is a dream for most. By obtaining residency and/or citizenship in alternate countries, parents are able to ensure that their children benefit from the following:
    • Considerably reduced tuition fees
    • Possibility to work during and after study, without having to apply for another visa
    • No need to look for a sponsor for a work visa after completion of studies
    • No need to apply for an immigrant visa after completion of studies
    • Upon completion of studies, children can even opt for setting up their own business or start-up without having to go through the process of applying for any further visas.
    • Process of permanent migration & subsequent citizenship is much faster
  3. Expansion of business : Businessmen in many countries face major hindrances in establishing new businesses or expanding existing business abroad, and even in travelling abroad. The Business Migration Programs on offer by some countries enable them to travel freely to favoured destinations for business expansion and collaborations, in the process opening up new opportunities and technologies they can have access to.
  4. Visa free Travel : The type of passport you possess has a huge bearing on where in the world you can go and with whom you can do business. This limits the opportunities for investments, business partnerships and tax efficiency. Freedom to travel is one of the major benefits of Residency and Citizenship investment migration programs. Being able to avoid costly and time consuming visa applications and act on travel plans very quickly because of the large number of countries to which these programs allow visa-free travel, is a major factor in favour of such programs.
  5. Tax Planning : Residency and Citizenship investment immigration programs allow investors considerable benefits in tax planning. The extent of these benefits primarily depends on
    1. The incentive offerings of the country to which an investor is migrating, and
    2. Where the investor decides his primary tax residence will be.

    Tax planning must go hand-in-hand with any migration goal one might decide upon. Contact us for choosing the destination that encompasses all relevant factors and is best suited for you.

  6. Wealth management and Portfolio diversification : Residency & Citizenship investment migration programs offer HNI investors an option to diversify their investment portfolio and engage in more prudent wealth management.
  7. Reunion with family abroad : Strict visa regimes in many countries sometimes mean that families are split apart with little hope of reunification. Residency and Citizenship investment migration programs present an avenue for families to re-unite.
  8. Retiring abroad : Some of the countries which offer Residency and Citizenship Programs are amongst the most exotic, beautiful, safest and healthiest places on the planet, also offering visa free travel to a very large number of countries in the world. Choose your own little paradise to retire to, by investing in one of these investment immigration programs.
  9. Avoiding political and economic instability : For citizens living in countries with high political and economic unrest, this factor assumes a lot of significance. A second citizenship program and a second passport provides an escape route from potential conflict, civil unrest or travel sanctions imposed by or upon your home country.

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