Investors may be allowed to pay for participation in European residency programs through a new payment system. Most countries with programs require payments to come from outside the European Union. But there are exceptions. For example, under the terms of the residence permit program in Portugal, an investor must open an account at a local bank, from which to pay fees and charges under the program.
Holders of passports and residence permits and permanent residence permits of EU countries will have access to the application European Digital Identity. They no longer need to worry about whether they have all their documents with them - all they need to do is install the app once on their smartphone. Government, banking and tax services will also be at their fingertips.
In 2021, it will be possible to obtain a residence permit or citizenship by investment in six European Union countries.
Investors with residence permit and permanent residence permit cards of the European Union can travel visa-free in the Schengen area. They are allowed to stay in any country in the region for up to 90 days per semester. They also have the right to live, learn, work and conduct business in the country of residence.
Maltese citizens travel visa-free to more than 180 countries, including Schengen, Britain, USA, Singapore and Hong Kong. But to get a Maltese passport, the applicant first obtains a residence permit. Then he passes a rigorous due diligence check and after a year or three years, he can apply for citizenship. If the application is approved, the resident invests in the economy of the country from €600,000.
Immigrant Invest is a licensed agent who helps you obtain a residence permit or EU citizenship by investment. If you want to get a second passport or become a resident of a European country, seek advice from experts in investment programs.
