Why has investment immigration become relevant in today's environment?
- How does investment immigration open up new life and business opportunities?
- How will the changes to the Portuguese golden visa affect investors?
The term “immigration” refers to the process by which foreigners enter the territory of another country with the intention of becoming permanent residents and obtaining a residence permit. As the events of 2020 and early 2021 have shown, with the closing of borders, there are many advantages to having real estate abroad and a residence permit. Because of this, there is a growing interest in investment immigration programs, which are becoming vital for many people. We discussed this topic with Ksenia Korzun, a leading specialist at ILP Group. This agency advises and accompanies private investors and investment funds in transactions related to prestigious and hotel real estate within the framework of programs that allow obtaining citizenship or residency in the European Union, UK, USA, Canada and other countries. Xenia is a recognized specialist in hotel real estate transactions and actively participates in major international events, including conferences in Davos.
Reasons for the emergence of investment programs
What are the reasons for European Union countries to offer immigration investment programs? The main purpose of such initiatives is toincrease in state budget revenuesandfundraising. This market is quite significant: according to 2019 data, citizenship and residency programs through investment brought countries around the world a total of21.4 billion dollars. Moreover, the influx of new affluent citizens contributes to the creation of additional jobs, economic improvement and the development of the real estate market, in contrast to work-related or illegal migration.
Nevertheless, there may be risks such as the infiltration of criminal funds, forcing EU governments to intensify vetting of all new immigrants and banks to implement stricter procedures in the area ofKYC.
Advantages and limitations of investment immigration programs
What benefits can participants in investment immigration programs expect? And what limitations exist for them? Each country offers its own unique conditions and opportunities. For example, in some countries in the Caribbean region, immigration programs are very attractive because they allow new citizenship and visa-free access to more than 100 countries, including the European Union, the United States and the United Kingdom. The cost of such programs usually remains at a reasonable level.
However, it should be noted that most potential immigrants do not seek to move to the Caribbean. If a person is thinking of changing the country of residence, EU states are predominantly chosen. This is due to:
- Favorable conditions for doing business
- High quality of medical services
- Accessibility of education
The factors that influence the choice of a new place of residence include the security, economic stability and overall quality of life that European countries offer. Investment immigration is beginning to be seen as an effective mechanism to not only obtain permanent residence, but also to open new horizons for business and improve living conditions.
Therefore, before deciding to relocate and invest in overseas real estate, it is important to carefully evaluate the available options and conduct a comprehensive analysis of all factors.
The Portuguese Golden Visa is one of the most popular programs for those who want to immigrate to another country through investment.
Criteria for investment
It should be emphasized that in order to invest, it is necessary to take into account certain conditions that the real estate must meet. Different states have their own criteria:
- In some of them, decisions on investment instruments are made by public authorities, as implemented in the United States and the Caribbean.
- In other cases, it is sufficient to fulfill the financial requirements by purchasing any property that meets the established price conditions.
These kinds of rules are common among most programs in European countries.
Alternative ways of investing
In addition, buying real estate is not the only way to participate in these programs. Investors have the opportunity to:
- Invest in your business projects.
- Running startups.
- Open branches of already existing companies in the territory of the host state.
Investment options include financing public projects, developing productive infrastructure, restoring historical sites and supporting scientific initiatives. Each country offers its own unique conditions in this regard, and it is important to realize that many potential immigrants usually only know about the real estate option, although there are many other, sometimes more profitable methods for entrepreneurs.
Investment Immigration Conference
For all those interested in investment immigration, we are planning to organize a conference on February 18, which will detail the opportunities for CIS citizens who wish to purchase immigration real estate in countries such as the EU, UK, USA and Canada.
Verification of origin of funds
An equally important aspect is the verification of the origin of the invested funds. This stage plays a decisive role in obtaining a residence permit or citizenship. When submitting an application, the competent authorities examine in detail:
- Where the funds for the investment were obtained from.
- More often than not, tax returns from your country of residence will be required.
- Employment references or proof of business ownership will also be required.
It is also advisable to demonstrate the existence of personal assets and property. If the investor is unable to prove the legal origin of his income or the existence of tax arrears, it may lead to a denial of a visa or citizenship. Such cases do occur, but their number is small, provided that all documents are submitted correctly and in full.
Conclusion
In conclusion, the topic of investment immigration is becoming increasingly relevant, especially in light of current economic and political realities. Possessing foreignreal estate and residence permit, people get not only stability, but also financial advantages.
I realized that in the conditions of instability in the world, such programs represent an excellent opportunity to achieve the desired standard of living and expand horizons. Discussing this topic with Ksenia Korzun, I realized that every investor is looking not only for an opportunity to relocate, but also for a qualitative improvement in their lives and the lives of their loved ones.
Investment as a way to improve lives
Investing in quality projects can not only multiply capital, but also allow you to become part of new communities in countries with strong economies and high standards of living. Ksenia emphasized the importance of carefully checking all the nuances and details related to obtaining a visa, as this will avoid unforeseen difficulties in the future.
Choice of country and strategy
Each country offers its own unique conditions, which means that the choice is not only a matter of finances, but also of personal preferences and goals. Can I envision living in Europe or the United States, and what impact will it have on my family? These questions require deep reflection.
Recommendations for potential emigrants
So I urge anyone considering immigration not to rush into making a choice, but to thoroughly research all available options, including:
- Other ways to invest;
- Advantages and disadvantages of different countries;
- Opportunities that may be more attractive than they first appear.
It is important to remember that the success of such a transition is highly dependent on the right strategy and professional support.
Final thoughts
Finally, I hope that our discussion and the upcoming conference will help many people to make informed choices and realize their dreams, to be the starting point that will lead to a better future and new perspectives for many.
Don't miss the chance to expand your horizons and take advantage of the opportunities the world has to offer today.
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