{"id":56150,"date":"2020-06-14T13:10:56","date_gmt":"2020-06-14T17:10:56","guid":{"rendered":"https:\/\/www.investmentimmigration.com\/?p=56150"},"modified":"2020-06-14T13:10:56","modified_gmt":"2020-06-14T17:10:56","slug":"coronavirus-4-destinations-where-investment-immigration-is-key-to-economic-recovery","status":"publish","type":"post","link":"https:\/\/www.investmentimmigration.com\/coronavirus-4-destinations-where-investment-immigration-is-key-to-economic-recovery\/","title":{"rendered":"Coronavirus: 4 Destinations Where Investment Immigration is Key to Economic Recovery"},"content":{"rendered":"
1) Caribbean Region<\/b><\/p>\n
The economy of the Caribbean region is heavily dependent on revenue generated by tourism and hospitality sectors, which means the COVID-19 pandemic is definitely bad news for this region.\u00a0<\/span><\/p>\n Countries are locked, airlines are shut, and a vacation in the Caribbean is unlikely to be a big priority even after the pandemic subsides. This means the economic damage caused by COVID-19 is going to be worse and last for longer than during the aftermath of the frequent hurricanes that hit the region.\u00a0<\/span><\/p>\n Countries like St. Kitts & Nevis<\/a>, Dominica, and Grenada are likely to aggressively market their programs to attract valuable foreign investment into their economies. As in the past, these nations may offer a temporary reduction in minimum investment requirements as an incentive to foreign investors. \u00a0<\/span><\/p>\n 2) Italy<\/b><\/p>\n Italy was one of the first European countries to be hit hard by the COVID-19 pandemic. Although it is ranked fifth in terms of total cases, Italy\u2019s economy has suffered.<\/p>\n Italy set up its investment immigration program in 2017, significantly later than its European neighbours that were quick to launch programs to undo the damage of the 2008 recession.\u00a0<\/span><\/p>\n With low-risk options costing between one to two million euros, Italy\u2019s golden visa program is significantly more expensive than golden visas offered by the likes of Portugal, Greece, and Spain.\u00a0<\/span><\/p>\n While other countries do not have a lot of room to lower requirements, Italy can add cheaper low-risk investments to attract foreign investment into its pandemic-hit economy. \u00a0 \u00a0<\/span><\/p>\n 3) Portugal<\/b><\/p>\n