The global investment immigration industry is set to become a $100 billion industry by 2025, a nearly five-fold increase on its 2019 value of $21.5 billion.
Why Global Investors Love Investment Immigration
For a long time, citizenship of a developed country with a powerful passport was a privilege restricted by birth, with citizenship by naturalization a complicated process.
Citizenship and residence by investment programs offer an opportunity to acquire a second passport without the onerous and time-consuming process of naturalization.
For somebody living in the troubled Middle East region or facing authoritarian regimes in China or Russia, investment immigration works as a valuable backup option.
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For a young global professional living in Brazil or a startup entrepreneur from India, enjoying visa-free access to the USA, Canada, the UK, and the EU can have a significant impact on their career.
Investment immigration programs offer such professionals an easy way to bypass the low power of their passports. All they need to do is acquire a second passport or become a permanent resident through the golden visa program.
Benefit for Countries: Precious Foreign Investment
For Caribbean countries like St. Kitts and Nevis or Grenada, citizenship by investment helps diversify their economy and creates an additional source of precious foreign investment.
From large-scale infrastructure projects to repair the damage caused by the frequent hurricanes, economic citizenship programs enable poor countries to boost growth and prosperity.
Countries offering permanent residency by investment programs often find it easier to attract foreign investors through such programs.
After the 2008 recession, countries like Greece and Cyprus avoided an economic meltdown through foreign investments that flowed into their golden visa and citizenship by investment programs respectively.
Investment Immigration: Pandemic Impact
The pandemic has highlighted the importance of keeping all your options open. Emerging countries often have inadequate public health infrastructure, which means the option to move to the US or Portugal or a more developed country can, literally, make the difference between life and death.
Further, developed economies have recovered from the pandemic faster, which means somebody living in India or Vietnam faces a long struggle in terms of career prospects due to the damage caused by the pandemic.
Golden visa programs allow investors to continue living in their own country with the guarantee that they can move and settle in another country without any restrictions.
For countries that permit dual citizenship, a second passport allows investors to gain access to a more powerful passport without having to settle in a foreign country to become eligible for naturalization.General Information: Contact us to receive more information about this article.
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