Status Allocation Crisis: What about European status as golden visas close one after another?
Are you facing a status allocation crisis and don't know how to obtain a European status? The Golden Visa program is closing and time is running out, are you ready to take action? From On the evening of Valentine's Day, February 14, 2023, Ireland announced that it was shutting down its Immigrant Investor Program (IIP), making it the first EU country to end the Golden Visa in 2023; 2 days later, on February 16, Portugal followed Ireland's lead, with the government announcing that it would no longer be issuing Golden Visas, and more recently, according to theSchengenvisainforeliable sources, Iñigo Herrerón, the leader of Spain's left-wing political party Más País, has submitted a bill in Parliament that seeks to abolish the proposal to obtain a Spanish golden visa through the purchase of real estate. Although the bill has not yet been discussed in Parliament, it is widely believed in the industry that it will be approved sooner or later. At that point, Spain will amend articles 63 and 64 of Law 14/2013, thereby eliminating the pathway to residency through the purchase of real estate.
Spain Golden Visa Policy Adjustment: Property Investment Option May Be Eliminated
The Spanish Golden Visa, which began in 2013 with a property investment threshold of €500,000, is one of the most popular immigration programs for foreign investors. The party is proposing to remove the property investment option and replace it with an investment of at least 2 million euros in government bonds, 1 million euros in a Spanish company, or a deposit in a Spanish bank. Although the Spanish political parties are only asking to end the option of purchasing a home, this could soon make Spain the third EU country to shut down the Golden Visa within the year.
Identity Planning and Identity Provisioning: How to Get a Durable, Secure, Future-Controllable Identity?
Since 2022.Nearly 20 countries have announced increases in immigration thresholds., or even shut down the immigration program outright. In this article, we will introduce you to the next steps in identity planning and identity configuration to help you better understand how to obtain a lasting, secure identity with a manageable future. Identity planning is the process of choosing the identity goals that best suit one's needs at different stages of one's career. In modern society, identity has become a topic of focus for more and more people, as holding different identity documents can bring more opportunities in our lives and careers, as well as increase our sense of security and freedom. Identity is also a way of identifying ourselves in international interactions and is an important symbol of a life. So, if you are looking for an identity solution that suits you, then effective identity planning and configuration is needed.
European Property Immigrant Investor Program Bids Farewell to History, Investors and Immigrants Need to Find New Options
The Golden Visa program is closing down one by one, including countries such as Ireland, Portugal and Spain, and while the reasons for these countries to close down the program vary, the main factors are considerations such as an overheated real estate market and security concerns. In response, these countries are seeking other ways to attract foreign investment and talent.
Portugal Golden Visa
- Venture capital or private equity: The minimum investment amount is 500,000 euros.
- (scientific) research activity: The minimum investment amount is 500,000 euros.
- Art and cultural heritage: The minimum investment amount is 250,000 euros.
- Company Creation: Invest €500,000 and create 5 jobs, or directly employ 10 people.
Greece Golden Visa
In 2024, Greece's Golden Visa policy will undergo some important adjustments, changes that will affect investment thresholds and related regulations. First, as of March 31, 2024, Greece is increasing the minimum investment threshold in some regions from €500,000Increased to Euro800,000. Specific regions include popular areas such as Athens, Thessaloniki, Mykonos, Santorini and islands with populations of more than 3,100; while in other regions, the minimum investment threshold will be raised to 400,000 euros
Super Passports: Expedited Citizenship Programs in Countries Like Dominica and St. Kitts
In addition, some countries also offer fast-track naturalization programs, such asDominican Republicand St. Kitts, among other Caribbean countries. The fast track naturalization programs in these countries usually require an investment of a certain amount of money, but are very efficient and quick in obtaining a passport. Although these programs are controversial, it is still an attractive option for those who wish to obtain a passport and residency in another country.
Articles -Dominica Passport Visa-free Countries
Articles - St. Kitts Passport Visa-free Countries
Digital Traveler Visa, the new "silk" way to easily obtain European residency rights
Another method is the Digital Nomad Visa, which is a European immigration program introduced to attract global digital talent. The digital nomad visa is an immigration program launched in Europe. Compared with the traditional investment immigration program, the digital nomad visa has a lower threshold, which is more suitable for those who are unable to immigrate to Europe because of the high investment amount. Take the Portuguese digital nomad visa as an example, only need to have a long-term contract that can work remotely, and the monthly income reaches more than 4 times of the minimum monthly wage in Portugal, you can apply. The visa is valid for 1 year and can be renewed for up to 3 years.
Similarly, the Digital Nomad Visa for Malta is a good option. Applicants only need to provide six months of bank statements demonstrating a monthly income of €2,700 or more, as well as a work contract, and they can be approved within two months. The Malta Digital Nomad Visa offers a one to three year residency program and applicants are not required to apply for the visa in person at the Maltese consulate and no face-to-face interview is required.Nearly 20 countries in the EU now offer digital nomad visas, so you can choose the best option for your needs and goals. Whether you're seeking European permanent residency or optimizing your underlying status and offshore accounts, the digital nomad visa is an option worth considering.
Dual Identity Structure: Preventing the Potential Risks of One Passport
If you want to go deeper into identity planning, preventingPotential risks associated with having only one passport, then consider a two-tier identity architecture with multiple identity configurations, such as "Greece Golden Visa or Financial Independence + Dominica Citizenship by Investment Program"The way, so that in the immigration of Europe at the same time, but also to obtain a second passport, taking into account the children of the international top education, visa-free countries, asset allocation, tax planning advantages, free passage of the North American Caribbean 8 countries and the European Union 27 countries.
In addition, identity allocation is a very important part of the process. Whether your goal is Europe, the Americas or elsewhere, choosing the right investment, bank account, insurance and other options is an important step in realizing your identity goals. You need to choose the most suitable program according to your needs and goals, so as to ensure the efficiency and effectiveness of your identity configuration.
Identity Planning Trends and Strategies, Planning Your Identity to Start a New Chapter in Your Global Life and Career
Identity planning and configuration is a process that requires long-term consideration and planning. Choosing the right identity program for you is based on your personal needs and goals, such ashome purchase immigration,financially independent person,digital nomadrespond in singingDominica Naturalization Programetc. It is important to recognize that status is about more than just a passport, but requires a life that is sustainable, secure, manageable and has a future. Achieving status goals has become more difficult due to the successive closure of the Golden Visa Program and Passport Program. Only by choosing the right program for you and planning your time and finances wisely can you ensure that your status application is efficient and effective, and build a stronger foundation for your future. Have you started your identity planning? Have you started looking for the right identity program for you? Have taken action to build a stronger foundation for your future? Understanding the latest trends and strategies in current identity planning and configuration can help you realize your new identity and start a new chapter in your global life and career.
Extended Reading
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Dominica Citizenship Program
- The Dominica Citizenship Naturalization Program was established in 1993 A.D. and is one of the oldest naturalization programs in the world.
- passport immigrationApplicants are not required to attend an interview
- Immigration can be processed quickly: the time it takes is about 2-3 months.
- The most cost-effective program for single applicants
- The status can be passed on permanently to the next generation in the direct line.
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