By consideration of the above ideas, it is evident that in the current economy, many people who are involved in business, whether as an entrepreneur or an investor, aim at venturing in other countries. It is now considered as a competitive advantage to other players who intend to gain new markets in their business by following the unsaturated and favorable tax policies, as well as long term stability. Either through business friendly residency by investment, this goal could be very easily achieved. These programs enable the business people to acquire resident permits in another country on a condition that they invest in that country.
In case you are planning to transfer the company, below, there is a list of the most effective residency by investment programs for business people.
1. Portugal’s Golden Visa for Entrepreneurs
Portugal is among the favorite countries for acquiring the status of a business owner residency thanks to the Golden Visa for entrepreneurs. One can become a legal resident through investments in property or through someone opening up companies that will provide employment opportunities and a probable right to permanent residencies.
Key Benefits:
These include
- low entry fee requirement the minimum capital invested is € 250,000.
- Visa to the Schengen Area of the European Union
- The option for a person to apply for a Citizenship for a given country after practicing the citizenship for five years.
2. Italy’s Entrepreneur Visa
There is an attractive option for immigrating to Italy as an entrepreneur; this program is suitable for people who want to launch their own businesses within the country. Here is a firm that is suitable for start-up entrepreneurs and investors planning to expand their business into Europe.
Key Benefits:
- No minimum investment requirement
- Position is offered as a residency for a duration of two years with the option of renewal upon satisfactory performance of the designated research.
- The visa applicant may apply with other members of his or her family
3. UAE Business Residency Program
The United Arab Emirates (UAE) is one of the most appealing locations for business residence. Because of its good economy, favorable tax system and business friendly legislation. The investors can apply for the investor visa for business. They can obtain one by investing in a company in the UAE or forming their own company.
Key Benefits:
- 100% foreign ownership of businesses
- No personal income tax
- 10-year Golden Visa option for large investors
4. Canada’s Start-Up Visa Program
Therefore, Canada is among the best start-up visa countries, as it provides one of the most welcoming environments for the entrepreneurial sector. The opportunities for the founders of start-ups in the framework of using the investment visa in Canada presuppose receiving the funds from the approved investors.
Key Benefits:
- Permanent residency upon approval
- Access to world-class business infrastructure
- Pathway to Canadian citizenship
5. United Kingdom’s Innovator Visa
It is a visa program for individuals intending to start new companies in the United Kingdom and have business experience. You can start this program with a relatively low capital investment and approval from an accredited organization.
Key Benefits:
- Residency for three years, with renewal options
- Fast-track to permanent residency in five years
- An opportunity that befits the UK’s Business environment
How to Get Residency as a Business Owner
These are the procedures if one wishes to apply for the residency by investment program:
Choose the country wisely – the country you choose should offer good tax policies, good market prospects and quality living.
Create jobs – This involves providing employment opportunities to some of the people in the community.
Contracts – Permit and license, business plan and model, receipts and invoices of investments.
Obtain the consular itinerary through the proper immigration channels – consult with legal assistance.
Secure your residency – After being approved, there may always be additional procedural requirements for the person to attend to in order to retain their residency status.
Conclusion
For business people wishing to go international and have a secure ground, countries having business residence programs are ideal. For startup founders or investors or any concerned entrepreneur, the right choice of a residency programme will enable one access markets across the globe and thereby create wealth in the future.
If you are planning to undertake business immigration talk to the immigration agents to identify the best option for an investment visa for entrepreneurs.