Since the beginning of this year, the sudden COVID-19 pandemic has triggered a major global transformation. This battle against the epidemic, which spares no country and makes no distinction between rich and poor, concerns the survival of humanity and the global landscape at the macro level, and family wealth and personal health at the micro level. Along with the awakening of epidemic prevention awareness, there is also an awakening of risk-aversion awareness. When a crisis strikes, having a Plan B that allows for both offensive and defensive maneuvers—having one more option and one more glimmer of hope—appears particularly important.
Recently, in an article titled "How the Wealthy Are Spending Their COVID-19 Lockdown: Buying a Second Citizenship" published by CNN, it was mentioned that the global wealthy have seen a surge in demand for a second identity during the pandemic due to issues such as travel, health, and safety, with a second passport transitioning from a luxury to a necessity! Data cited in the report shows that between January and June 2020, immigration inquiries increased by 49% year-on-year, and the number of people submitting immigration applications after consultation rose by 42%.
Although the pandemic has been brought under control in many countries, out of concern for a second wave, many wealthy individuals are spending lavishly to obtain citizenship and green cards from other countries to ensure that they and their families can freely choose to live in a safer, more livable country that can serve as a "safe haven" should a second wave occur or other sudden risks arise.
An Italian millionaire stated: "We want to go to a country that is not only safe but can also provide us with good medical services, and where our whole family can travel together in a short period of time. And only by obtaining the citizenship of this country can we achieve everything mentioned above. Furthermore, we would not be unable to enter the country due to border closures, because during the pandemic, countries that have closed their borders will still arrange special flights to bring their citizens home from overseas."
During the pandemic, people are seeking a second identity to gain a sense of security; now is the era of the second identity! Through investment citizenship programs or golden visa programs launched by some countries, wealthy investors can not only achieve global asset allocation but also apply for passports or residence visas of other countries. Possessing a second identity can be said to be a win-win or even a multi-win investment method.
Popular investment citizenship programs currently favored by wealthy investors
1. Montenegro Citizenship by Investment Program
The Montenegro Citizenship by Investment Program has become a new favorite in the European immigration sector due to its low investment threshold and high returns—starting from 350,000 euros, it offers advantages such as future permanent residency in the EU and EU citizenship. It is highly sought after and is an excellent choice for investors for overseas investment, business, identity, and health planning!
Great news! Currently, the investment citizenship projects approved by the Montenegro government—the "Bjelasica 1450 Hotel" and "Breza Hotel" projects—are located in a mature tourist area in northern Montenegro, with broad investment prospects! Moreover, this project is an immigration program with a relatively short investment period in the European investment immigration market, with no holding period restrictions; investors can freely resell after the transfer of ownership, making it highly popular! Starting from 350,000 euros, you can not only acquire property with permanent property rights but also apply for a passport from Montenegro, an EU candidate country, for your whole family, achieving a win-win for overseas property and overseas identity!
2. Turkey Citizenship by Investment Program
Through the Turkey Citizenship by Investment Program, investors can purchase property starting from 250,000 USD to apply for a passport from Turkey, a major European country, for the whole family, and the purchased property can be sold after three years! In addition, investors can also apply for a passport from Turkey, an EU candidate country, by depositing an equivalent of 500,000 USD in a bank operating in Turkey for 3 years! At the same time, after obtaining a Turkish passport, one can also settle in the UK through the "UK Turkish Businessperson Visa" and use it as a springboard to the US by applying for a "US E-2 Visa." It is a multi-purpose solution and is highly sought after.
Worldway Group, one of the top 500 Asian brands and an early promoter of European property investment immigration projects, with its forward-looking vision, has joined hands with powerful Turkish developers to grandly introduce many high-quality Turkish property projects to investors, such as Pasha Apartments, Nord Garden, Shangdu Mansion, Yidu Mansion, Four Seasons Garden, Royal Sea Residence, and Sea View Cloud Court, which are currently the most popular projects on the market! With 7 popular properties and thousands of high-quality units, prices are as low as 2,000 USD per square meter. These are large, ready-to-move-in properties in the European district, suitable for both investment and self-occupation... meeting various needs, the choice is yours!
3. Cyprus Citizenship by Investment Program
Through the Cyprus Investment Program, investors can purchase property in Cyprus starting from 2 million euros (whether one or multiple units) and donate 200,000 euros to apply for a Cyprus EU passport for three generations of the family. The Cyprus passport is known in the immigration industry as the "Hermès of passports," as it is a combination of Commonwealth and EU passports. As a member of the EU, after obtaining a Cyprus passport, one can not only enjoy visa-free access to more than 160 countries and regions but also achieve a 1=31 ratio! This means that holding a Cyprus passport allows for free movement, work, residence, and study in any of the 27 EU member states (including Germany, Austria, Italy, France, Finland, etc.), 3 European Economic Area member states (Norway, Iceland, Liechtenstein), and Switzerland, totaling 31 European countries, and also allows one to enjoy the generous welfare benefits of EU citizens in EU countries.
4. Commonwealth Countries Citizenship by Investment Programs
Investment citizenship programs in Commonwealth countries such as Vanuatu, Saint Lucia, Saint Kitts and Nevis, Antigua and Barbuda, Dominica, and Grenada are highly favored for their simple conditions, short processing times, and fast approval. Among them, the Vanuatu Development Support Program (DSP) investment citizenship project launched by the Vanuatu government allows for the application of a Vanuatu passport for three generations of the family starting from 80,000 USD, becoming an honorary citizen of Vanuatu and enjoying equal rights as a Vanuatu citizen. Holding a Vanuatu passport allows for visa-free or visa-on-arrival access to nearly 130 countries and regions worldwide, including the UK, Russia, Hong Kong (China), and EU countries, enjoying the convenience of traveling at any time, and is highly sought after.
In addition, there is the Saint Lucia COVID-19 Relief Bond project, newly launched by the Saint Lucia government, which is popular in the market. Investors only need to invest from 250,000 USD to purchase government bonds issued by the Saint Lucia government, and the principal can be returned after holding them for a minimum of 5 years, allowing three generations of the family to obtain a passport from the Commonwealth country of Saint Lucia. Furthermore, there are no academic or language requirements for the investment applicant, no immigration residency requirements, and one can complete the immigration process without even landing in Saint Lucia. It is worth noting that the deadline for this bond issuance is December 31, 2020; good projects and good opportunities must be seized in time.
Popular Golden Visa Programs
1. Greece Golden Visa Program
In recent years, with the continuous growth of Greece's tourism industry and economy, more and more investors are choosing it as an investment immigration destination. Through the Greece Golden Visa Program, by purchasing property starting from 250,000 euros, one person's investment allows three generations to immigrate, travel freely through 26 Schengen countries, and engage in tourism, vacation, or property leasing and sales. While obtaining status, one also gains property investment returns and can enjoy a series of benefits brought by the status, which can be described as a multi-win investment. September is the promotional period for Worldway's Greece property investment immigration; the opportunity is rare, and you can receive a gift package upon purchasing a property.
2. Portugal Golden Residence Permit Program
Portugal, as a member of the EU, allows investors to apply for a Portuguese Golden Residence status for three generations of the family by purchasing property starting from 350,000 euros through the Portugal Golden Residence Permit Program. This allows them to enjoy Portugal's generous social welfare and high-quality educational resources, travel freely through 26 Schengen countries, and apply for Portuguese citizenship after meeting the conditions, i.e., naturalizing in Portugal and obtaining an EU passport, while also gaining property with permanent property rights. It can be described as achieving multiple goals at once! Those interested in investing in Portugal may wish to seize the policy benefits and take advantage of the great opportunity to still be able to immigrate by purchasing property in Lisbon and Porto, and apply early to obtain status sooner.
In addition to the popular projects mentioned above, Worldway Group, one of the top 500 Asian brands, also offers immigration projects for countries such as the United States, Canada, Australia, the UK, Spain, and Ireland, helping you seize real opportunities during the pandemic crisis. 2020 is the Year of Health Planning! For health planning, status comes first! For more details, please consult: Mainland China: 400-138-2929; Hong Kong, China: (852) 2802 8798.
The copyright of this article belongs to Worldway Group. If you need to reprint, link, repost, or copy and publish this article in any other way, please be sure to indicate that the article's copyright comes from Worldway Group; violators will be held legally responsible. The information or views in this article are for reference only.