Residency Programs
As a permanent resident, you enjoy most of the benefits a citizen receives including the right to stay in the country without limitations and the right to do business or buy property. Take a look at the residency programs (described below) to see which of them match your needs.
Permanent Residency
Permanent residency refers to a person’s resident status in a country of which he/she is not a citizen. Permanent residents are entitled to live, work, study and access health care in the host country. However, they are not authorized to vote or run for office.
For some individuals and families, a change of residence is a very sensible proposition. This is particularly the case for clients residing in countries with limited options for tax and estate planning, and unstable political and economic situation. Considering an alternative residence will provide these individuals with increased personal security, better quality of life as well as the potential to acquire second citizenship.
Residency by Investment
Residency by Investment
Residency by investment is the process of obtaining a permanent residency (PR) card of another country by investing in the economy of that country. PR status is then conferred at an accelerated rate compared to traditional applications.
A change of residence to a suitable country is an increasingly important aspect of international planning for private clients.
For some individuals and families, a change of residence is a very sensible proposition. This is particularly the case for clients residing in countries with limited options for tax and estate planning, and unstable political and economic situation. Considering an alternative residence will provide these individuals with increased personal security, better quality of life as well as the potential to acquire second citizenship.
What are the requirements for obtaining Permanent Residency?
Each country has a different set of requirements which applicants must fulfill for its residency by investment program. For example, some programs require applicants to make a certain number of trips to the host country while others do not. However, some requirements are common to all such programs:
Applicants should have a clean criminal record.
Applicants should show the source of the investment funds.
Applicants should invest in one of the government-approved options, such as real estate, government bonds or a national economic fund.
The approval of residency applications by host governments necessitates the satisfaction of all requirements. See the specific requirements on the individual program pages.