Investors are more often seeking to invest in the economy of the country where you can get a second citizenship or residence permit. Since the beginning of the pandemic, the number of such requests has grown and continues to grow. The trend is noted by 70% of licensed agents and official representatives of citizenship and residence permit programs by investment. Immigrant Invest is no exception.
The purchase of real estate remains the most popular investment option. For example, in Portugal, 90% of “golden visa” recipients choose this option.
90% of investors
Choose a purchase of real estate in order to get a residence permit in Portugal
Overall in Europe the real estate market attracted 359 billion euros of foreign direct investment in 2021, according to the CBRE consulting agency. This is 25% more than in 2020 and 8% more than in pre-crisis time in 2019.
Residential and commercial real estate objects are bought by investors at the excavation stage, and on the secondary market as well. Someone expects to profitably resell the object in a few years, and someone wants to make income on renting out.
The liquidity of an object largely depends on the country and region in which it is located. For example, in tourist countries, the biggest part of the facilities are designed to be rented out to the vacationers. But due to the pandemic, the short-term rental market has declined by 30%, and the liquidity of properties has fallen.
Purchase of villa for your own use in the Caribbean will be justified rather non-materially. Real estate on a paradise island adds status to the owner and allows you to relax in the Caribbean for as long as you want.
But in fact, the investor will spend a couple of months in the villa at best, and the rest of the time he will only pay for the maintenance of the object. It is almost impossible to rent an elite villa on islands with a poor population. And it’s easier to relax in a good hotel, the quantity of which is enough in the region.
It is possible to obtain a residence permit or citizenship by investing in real estate in Portugal, Turkey, Malta and the Caribbean. These are the most popular destinations among the clients of Immigrant Invest.