Two key factors to consider with investment immigration projects
Exploring your options around investment immigration? In this article, Harvey Law Group outline the two key factors you should always consider when looking into investment immigration programs.
The efforts to come up with the right investment immigration program, even with a professional immigration lawyer by your side, can be completely overwhelming and even quite formidable.
Why should you invest in a alternative residency or citizenship? Is this where you want to relocate? Do you need to live there? What benefits do I get? What is the investment threshold? How do I know which immigration program is right for me? These type of questions may leave you to ponder day and night, and leave doubts of when you can actually start your journey towards achieving your investment immigration goals.
With over 23 programs available worldwide, different countries offer different conditions and serve different objectives. An initial effort to simply engage in your own basic research or even to follow your immigration lawyer’s advice can soon spiral into confusion and information overload–a mental toil even for some. At Harvey Law Group (HLG), we receive a daily number of immigration inquiries, ranging from straightforward to extremely complicated cases, and are well-prepared to advise our clients through any investment immigration program with ease.
An alternative residency or citizenship provides a safety net for an exit strategy, wealth preservation, as well as financial privacy against economic slowdowns and political uncertainties. Not only is it the ultimate luxury status, it is security in freedom of movement, freedom of choice, and quality of life. Depending on the investment immigration program chosen, investors and their spouse, as well as their children receive additional benefits that comes with the investment: fast-track residency or citizenship, visa-free travel privileges, access to higher education, healthcare systems, and business opportunities. HLG’s objectives are to guide clients with the correct and complete, important information, investment amounts and all associated fees, as well as the benefits that properly suits their needs.
Forget what you know, and we shall provide you from our hands-on and considerable experiences as a world-renowned immigration law firm. The following two questions may seem inadequate or even too fundamental in your eyes, but on closer inspection, each is deeply important for your migrating needs. So, if you are ready, let’s begin.
1. Which Residency or Citizenship-by-Investment Suits Me Most?
For any investor who is unfamiliar with an immigration area, it is important to keep in mind that investment immigration can appear in multiple terminology. The concept of “investment immigration” is a broad term that umbrellas the residency and citizenship-by-investment immigration programs. Some popular immigration programs are from regions such as Europe, USA, Canada, and the Caribbeans. The two words, “residency” and “citizenship,” however, are what you should pay attention to the most during your initial step to discover a suitable program: where should you become a resident or a citizen in that country of choice.
Each investment immigration program comes with its own advantages and disadvantages.
On one hand, some countries such as Canada, Portugal, U.K. Innovator Visa, U.K. Tier 1 Investor Visa, New Zealand Investor 2, Australia Investor Stream, offer a residency-by-investment program where you can obtain a residency permit which may (or may not) lead to citizenship after several years and suggesting you meet certain conditions. Most residency-by-investment programs require you and your qualifying dependents to stay within the country for a certain period. They will grant specific rights and benefits within the chosen country such as the right for your children to enroll in schools and your spouse to work. The European residency programs, once approved, even allow mobility within the Schengen Area.
On the other hand, some citizenship-by-investment programs offers you a full nationality and passports within a matter of months, with no requirements to live or visit that particular country at all. A citizenship program provides a myriad of additional benefits such as complete access to social benefits, visa-free travels to worldwide jurisdictions, possibility to relocate at any given time, proven diversification tool for tax and legacy planning, and so forth.
However, your requirements for an immigration program may differ from others. An advantage is defined by not how much or little you invest, but how the program benefits your purposes, expectations, and financial means.
The pathway to an U.S. citizenship through the EB-5 program, for example, may provide you with all the privileges you cannot obtain elsewhere but at the same time also come with massive tax liabilities, given U.S. citizens are taxed on worldwide income. Within Southeast Asia, the Kingdom of Thailand offers a residency-by-investment program to live in Thailand worry-free for up to 5-20 years with the Thailand Elite Membership, similarly to Malaysia’s My Second Home. The only available citizenship-by-investment program in Asia Pacific is Vanuatu, a country renowned for being the happiest place on Earth as well as for its strong passport. For any reasons, you and your family need immediate travel mobility to over 140+ countries, Caribbean citizenship-by-investment programs from countries such as Grenada, Antigua and Barbuda, St. Lucia, Dominica, or St. Kitts & Nevis, are great options with your second passport approval within months! For those considering a premium package which encompass all aspects of investment immigration i.e. greater mobility, relocation option, tax planning, education & healthcare systems, Cyprus or Malta are both European Union countries that currently offer a citizenship-by-investment program where the applicant and family will therefore become European and will, consequently, be able to live, work, study, do business and avail of social benefits from any European Union country.
Read closely and learn what works best for you.
Tip: With your purposes and expectations in mind, obtaining an alternative residency or citizenship has never been easier. Harvey Law Group (HLG) is a duly authorized immigration firm and processed thousands of success cases, contact us now.
2. I Found My Immigration Program. How Do I Invest?
With each investment immigration program, an investor can expect different investment options from government bonds, non-refundable donation to the National Development Fund, or real estate.
For Caribbean citizenship-by-investment programs, investors do have the option to spend less through a non-refundable donation to the government or a higher investment into real estate with projected return on investment and an exit strategy. In Europe for example, Portugal residency-by-investment programs are readily available as an investment into a Portuguese investment fund to be held for a minimum of 5 years (Portugal Golden Visa), or a Portugal startup visa program that requires an investment into a business incubator. Malta citizenship-by-investment program has a compulary requirement of investing into 3 areas; Maltese government bonds, property investment, and a non-refundable donation to the State Fund of Malta. The European Union country of Cyprus, with the benefits of non-EU citizens being able to invest and become European, offers both residency and citizenship programs for investors and their family to live, work, and study anywhere in the Schengen states.
Which program is right for you?
Tip: Hire only authorized immigration lawyer to guide and advise you in this matter. Unlike agents or non-authorized firms, a professional immigration lawyer will be professionally liable and more capable to help you select the best investment immigration program most suited to your objectives and lifestyle. A professional immigration law firm such as Harvey Law Group (HLG) will ensure your application is confidential, seamless, and successful.
At Harvey Law Group (HLG), we devote our time to listen and and advise on crucial matters to guide our clients and ensuring a successful application. At the end of the day, we aim to provide what matters to them the most; the freedom in mobility and the security of a future.
This article first appeared on the Harvey Law Group website and has been republished here with permission.