Permanent Residency By Investment
Where Dreams Come Home
WHAT IS PERMANENT RESIDENCY?
A Permanent Residency status permits the investor or the applicant to legally reside within the host country without being a citizen of that country. Permanent residents are entitled to work, attend school, and access health care within the host country. However, they’re not typically entitled to vote or run a business.
In order to be eligible to apply for permanent residency status in any given country, individuals usually
need to meet certain requirements.
WHAT IS RESIDENCY BY INVESTMENT?
Residency by investment is the process of obtaining a permanent residency card in another country by investing within the economy of that country. PR status is then conferred at an accelerated rate compared to traditional applications.
WHY DO PEOPLE INVEST IN PERMANENT RESIDENCY?
There are many reasons why permanent residency is a preferred option, from personal safety to increased global mobility. Permanent residency exposes a world of possibilities to investors.
Permanent residency in a developed country is often more fitting and desirable. This type of security is priceless for investors and their families.
2. Global Mobility:
Passport holders of certain countries face restrictions, leaving citizens to apply for visas whenever they need to travel abroad. The permanent residency offers individuals from these countries increased global mobility. The difference in global mobility equals an incredible amount of time saved filing visa applications and is priceless to people doing business that often travel abroad.
New business opportunities open up to the Residency by investment program holders as they can now do business within the host country and are also eligible to travel abroad more freely.
4. Tax Management:
Permanent residency may prove advantageous for tax optimization purposes. For instance, Bulgaria has one of the rock bottom tax rates in Europe. This allows investors to manage their wealth more efficiently and effectively.
Most residencies by investment programs allow immediate and dependant families of the applicants an opportunity to reside in the host country. This means that investors can secure a better future for their spouses and children. PR status offers access to world-class health care, education, and an improved lifestyle.
Education is the foundation of a successful life as a worldwide citizen. Investing in a permanent residency can open up access to the top schools within the country, for the applicants and their children, by qualifying them for domestic instead of international tuition fees.
WHAT ARE THE REQUIREMENTS FOR OBTAINING PERMANENT RESIDENCY?
Each country features a different set of requirements that applicants must fulfill for his or her residency by investment program. While some programs require that applicants make a particular number of trips to the host country, others don’t. However, some requirements are common to all programs:
– Have no criminal record.
– Show the legal source of the investment funds.
– Invest in one of the government-approved options, like land, government bonds, or a national economic fund.
All requirements must be met so as for residency applications to be approved by the host government. Want the precise requirements of your desired country? Browse country-wise page on our website or Contact Us for assistance