Residency by investment is the process of obtaining a permanent residency card in another country by investing in the economy of that country. PR status is then conferred at an accelerated rate compared to traditional applications.
Many countries offer residency by investment programs in order to attract much-needed foreign direct investment. Countries can then use these funds to invest in their own economic or cultural projects
There are many reasons to invest in a permanent residency, from personal safety to increased global mobility. Permanent residency opens up a world of possibilities to high net worth investors.
Permanent residency in a stable, peaceful country can be life-saving in the event of any kind of political unrest in one’s home country. This type of insurance is priceless for investors and their families.
Many passports are quite restrictive in their visa-free mobility, forcing citizens to obtain visas whenever they need to travel abroad. Permanent residency can offer individuals from these countries increased global mobility.
New business opportunities open up to participants in residency by investment programs as they can now do business in the host country as well as travel abroad more freely.
Permanent residency may prove advantageous for tax optimization purposes. For example, Bulgaria has one of the lowest income tax rates in Europe. This allows investors to manage their wealth more efficiently and effectively.
Most residency by investment programs are available to the family members of the main applicant. This means that investors can secure a better future for their spouse 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 global citizen. Investing in a permanent residency can open up access to the best schools in the world for applicants and their children by qualifying them for domestic rather than international tuition fees.