In 2020 Investment Migration industry faced many challenges and all of the residency and citizenship programs were affected by the global pandemic. In this article, our team of immigration experts prepared an overview of Top 10 Investment Migration Programs in 2020.
1. Turkey Citizenship Program
With more than 13,000 applicant Turkey Program is on the first place among the others. Turkey Citizenship by Investment program lets obtaining a second passport within 2 months and has low entry investment options starting from $250,000 for the entire family. No physical presence is required to obtain citizenship and there are no obligations to declare the applicant’s assets or income generated in other countries application process. The booming real estate market in Turkey provides potential investors with a truly overwhelming choice of property and buildings for sale of any type and any budget.
Lying partly in Asia and partly in Europe, Turkey occupies a unique geographic position, that throughout history acted as both a bridge and barrier between the continents. Turkey is a predominantly mountainous country, full of resorts with beautiful beaches and crystal clear water. Ancient cities like Istanbul and Ankara with their rich history and traditions make Turkey a truly unique Eastern point.
2. USA EB-5
USA EB-5 Visa for Investors, was approved 2,577 times in 2020 and is on the second place among other programs. USA Permanent residency program grants the right to live, work, and study in the United States and give US Residency (conditional green card) in 12 months. EB-5 is an efficient route to permanent resident status in a short period of time. The whole family including children under 21 can apply for Green Card and qualify for US Citizenship after 5 years. The EB-5 Visa requires to invest $900,000 in a government-approved business.
The USA remains one of the most sought-after destinations for investors as the country offers business-friendly environment, high quality of life, great supply chains, good infrastructure and perspective workforce factors. It can be stated, that the nation’s diversity and openness are what truly allow businesses from all over the world to find their place in the market – and thrive.
3. Dominica Citizenship
1896 main applicants were approved for Dominica Citizenship Program , which makes it 3rd in the top. Dominica Citizenship by Investment program is one of the longest-running economic citizenship programs in the world. The most affordable in the Caribbean, the Dominica Citizenship by investment program offers a quick route to acquiring a second passport in 2-3 months. The program grants the investor visa-free access to over 137 countries and provides 2 investment options, a $100,000 donation to the government or property investment from $200,000.
Dominica is a true nature lover’s paradise located north of Martinique and Saint Lucia. The island is covered with rainforests, mountains, black sand beaches, rivers, and waterfalls, which make the island an ideal destination for relaxing in a pristine natural setting. Dominica Program is one of the most popular and longest-running programs in the world. It’s an exciting place for walking and hiking lovers, both gentle potters, and more complicated paths curl over the island for 115 miles.
4. Thailand Elite Residency
As many foreign residents were unable to re-enter the country to renew their visas because of the global pandemic, The Thailand Elite Residence Program became a reasonable solution. More than 1783 applicants were approved under the Thailand Residency program in 2020, and these are the reasons why:
The program offers investors and their families the right to live in the country for up to 20 years and access certain privileged services and benefits. Thailand is a well-known vacation destination located near Myanmar and Laos in Southeast Asia. The country is famous for its tropical beaches, ancient ruins, royal palaces and breathtaking temples.
The capital Bangkok, on the other hand is an ultramodern city and offers great business opportunities, spectacular views and iconic temples such as Wat Arun, Wat Pho and the Emerald Buddha Temple (Wat Phra Kaew). Thailand offers affordable high standard of living for any taste and has something for every visitor. Most popular attractions include spectacular ancient ruins, scuba-diving sites, quiet tropical islands, an exciting nightlife and multiple UNESCO World Heritage Sites.
5. Australia BIIP
With 1786 main applicant approvals, Australian BIIP investment program is on the 5th place.
Australian BIIP Residency by Investment program and its temporary visas offer a direct pathway to permanent residence after 4 years, to participate in BIIP Australian Program, visa applicants must meet requirements to satisfy health, character, and public interest criteria. Australia is the world’s sixth-largest country and one of the first countries to establish democracy in the modern world. Being one of the wealthiest countries in the world, Australia offers well-developed multicultural environment, high quality of life, protection of civil and political rights and economic freedom to its residents.
At the moment, Australia is world’s 14th largest economy and has over 25 million population that is centred in urban areas in the east and in coastal areas. The largest cities in Australia are Sydney, Melbourne, Brisbane and Perth, all have something to offer for each visitor.
6. Saint Kitts and Nevis Citizenship
Being one of the most trusted and successful programs in the world, St Kitts and Nevis Citizenship Program offers fast-track routes to acquiring a second passport in 2-3 months. The passport of St. Kitts and Nevis grants visa-free access to over 156 countries, including the European Union countries and the United Kingdom. St Kitts and Nevis Citizenship Program investment options start from $150,000.
The Program of St Kitts and Nevis offer excellent opportunities for investors, including profitable investments, an opportunity to sell the property after citizenship acquisition, and a unique and highly favorable taxation system (no tax on global income, wealth, or inheritance). The workforce is English-speaking, well-educated, and welcoming.
7. Vanuatu Citizenship
Vanuatu Citizenship by Investment Program is one of the fastest citizenship programs that grant second passport in just 1 month. Vanuatu passport grants visa-free access to over 129 countries worldwide. To acquire Vanuatu Citizenship a non-refundable investment of $130,000 must be made to a local development fund.
Vanuatu stretches across 1,300km of the South Pacific Ocean and is the first and foremost, a beautifully untouched South Pacific nation. Decorated by the volcanic mountain ranges that are so common in the region, there are plenty jungle trails, villages, coastlines to explore and experience. The official languages are English and French. A Vanuatu passport allows you to open an account with European banks, take out loans, deposit money and carry out simple currency transactions. Vanuatu residents pay no taxes on income, wealth, inheritance, capital gains, or export of the capital.
8. Portugal Golden Visa
The Portuguese Residence Permit Program or Portugal Golden Visa, grants the right to live, work and study in Portugal, with visa-free access within the EU countries. The program investment options include creation of at least 10 jobs via investing into business; investment of €1,000,000 or purchase of real estate within a range of €280,000 – €500,000, depending on where it was built.
Portugal boasts an excellent reputation and is considered one of the world’s most globalised and peaceful nations. The country offers high quality of life and one of the highest Human Development Index ranking. Portugal is among the oldest nations in Europe and country offers rich history, exceptional local cuisine, lively culture, stunning rocks and beaches, and peaceful countryside.
9. Spanish Residency
Spain Residency by Investment program is a perfect choice for acquiring European Union Residency for the whole family. The program provides 4 investment options starting from €500,000 and does not require a mandatory stay, unless the permit holder applies for permanent residency and citizenship.
Currently, Spain is one of the most attractive business markets in Europe and provides a set of competitive advantages. Few years ago, the economic growth in Spain stood at 2.6% and continue to grow yearly. The tourism sector, is one of the key pillars of the country’s growth.
Spain can be considered as one of the most competitive countries in the EU. It has more than 46 million inhabitants and represents one of the top economies in the EU. Foreign investors can benefit of full access to the larger European consumer market, as well as access various aid programs applicable in the EU.
10. Greece Golden Visa
Greece Residency Program is a low-cost route to obtain European Union residency for the investor and investors family. Greece Residency Program investment options start from €250,000 with a residency permit granted for 5 years. The fast application process takes only 60 days after which the whole family can travel without a visa within European Union and apply for Greek Citizenship after a set period.
Investors in real estate in Greece must keep in mind the additional taxes on real estate which are 3%- 24%. At €250,000 + taxes and fees (just over €300,000 in total) Greece Residency Program offers one of the lowest cost residency in Europe.
Greece offers both historical legacy and modern culture. Nowadays, Greece is well-knows for its natural beauty, stunning island and incredible coastline. Also, unique geographical position of Greece, make trade between EU and Middle East and Africa convenient.
Full Support with our Immigration Advisers & Property Consultants:
Property search based on your requirements (from residential properties to high-value luxury developments)
- Property virtual tours, 3-D tours, and in-person tours available.
- Due diligence checks and additional property checks completed by our experts.
- Residency & Citizenship document preparation and submission.
- Full support until you receive your second passport & residency.
Mann’s Solutions is an international immigration law firm with offices in London, Hong Kong, and Moscow and has expertise in offering UK Visas and Immigration by Investment services to high net worth individuals. Our immigration advisers are regulated by OISC and IMC (Investment Migration Council).
For further information or to discuss your circumstances in a private consultation with our immigration lawyers in London Office, please contact us at firstname.lastname@example.org or call +44 207 993 63 46.