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Investment migration experts predict citizenship and residency hotspots in 2024
dubai,United Arab Emirates, March 9, 2024 /PRNewswire/ — Demand for investment migration programs is surging as global mobility and contingency planning become more important to investors. The number of applications has increased sharply over the past decade, according to a leading residency and citizenship report by investment firm Savory & Partners.
“Each year, we see investment migration trends change due to factors such as price fluctuations, regulatory updates, geopolitical events and economic conditions.” Jeremy Savory, CEO and Founder of Savory & Partners. “We expect the investment migration program landscape to develop significantly in 2024.”
”Turkey’s The Citizenship by Investment program has gained traction since its launch in 2017, attracting more than 19,000 individuals in less than five years. Despite the recent rise in the threshold for real estate investment, turkey It remains a lucrative option for investors seeking global mobility solutions, especially amid geopolitical uncertainties affecting other regions. ”
However, last year, the government decided to raise the minimum investment amount for real estate. $250,000 to $400,000. Although this increase in investment thresholds has affected the number of applications, the company said that although the number of applications may decline slightly due to price increases, the overall number is expected to continue to increase due to two main reasons. It has said.
The first is that the minimum investment amount no longer matches. in istanbul Housing market (world’s most popular real estate investment destination) turkey).if $250,000 Five years ago I had a good property, but now I don’t.
The second issue is the acceptance of Russian and Belarusian applicants, whose applications are currently suspended. caribbean Citizenship through investment programs and most golden visas in the EU. It seems that Russians and Belarusians need global mobility solutions now more than ever. turkey is poised to attract the majority of attention, providing a significant boost to the program and potentially becoming semi-monopoly in the Russian outbound market.
Malta’s The citizenship-by-investment program, the Malta Exceptional Investor Naturalization Program (MEIN), is unique. There are no direct competitors.meanwhile Portuguese The Golden Visa allows naturalization with minimal investment and is essentially a residency program by investment. MEIN, on the other hand, focuses on citizenship.
“The benefits of becoming an EU citizen are also significant, meaning demand for MEIN will continue to grow. The program has no direct competition within the EU, so we expect great performance.” Jeremy said. added.
Caribbean Five – antigua and barbuda, dominican, grenada, saint kitts and nevisand saint lucia – Implement some of the world’s most popular citizenship by investment programs.
These programs are very similar in terms of structure, passport strength, and investment criteria. Of course, there are differences, especially regarding dependent eligibility, processing times, and unique investment assets.
Antigua and Barbuda The program remains committed to protecting and strengthening its offering, while also continuing to expand its network of political allies.
In the EU, greek The Golden Visa has been one of the most popular citizenship investment programs in the world since its introduction in 2013. Savory & Partners predicts that will remain the case as it enters its 11th year.th He added that there are two factors that lead to top-class performance.Recent updates regarding the government’s announcement that prices in certain areas will increase from €500,000 to €800,000
Last year, the Greek government decided to increase the amount of real estate investment from 250,000 euros to 500,000 euros. thessalonikiMykonos, Santorini, Baro, and most of athens.
The country will also increase valuations in the rest of the country by the equivalent of 500,000 euros.
The second reason is foreigners. Portuguese The government has decided to exclude real estate and investment assets adjacent to real estate from the Golden Visa. This new change has caused some investors who were keen to invest in real estate to greek Options further increase the amount of applications.
According to Savory & Partners, there are surprise packages every year for investment migration, but if there’s one dark horse to watch this year, it’s probably this one. egyptian Citizenship by investment program.
It starts with a donation of $250,000 or real estate investment $300,000, egyptian The price of this program is average compared to other investment programs in the world.
“There are two reasons why egyptian Program dark horses with great potential. The first is the Russian market.very similar turkey, egyptian The program is also open to Russian applicants. Egypt Russian investors may choose this country as it has a low price range and has been a popular tourist destination for Russians for many years. Egypt as their destination of choice,” Jeremy explains.
“Secondly, Egypt Out of the Western-biased citizenship of the investment program complex.
It offers a slightly more Eastern-leaning option, which many people may find attractive for a variety of reasons, especially acquiring citizenship and residency rights from countries at both ends of the world’s geopolitical spectrum. “This is likely to be attractive to those looking to develop a robust contingency plan,” he added.
Savory & Partners is a multi-government accredited agency offering citizenship by investment. The company covers over 20 jurisdictions. Europe It was also the first company to obtain all five authorized distributor licenses from various governments. Caribbean islands. To date he has processed over 4,000 nationals’ second passports with a 100% success rate.
With offices in seven countries on three continents and more than 60 professionals worldwide, the company’s multinational staff includes advisors who guide clients in English, Arabic, Farsi, French, Spanish and Hindi. It has been constructed.
Click here to learn more about Savory & Partners. www.savoryandpartners.com or by email [email protected]. You can also call +971 04 430 1717 or send a WhatsApp message to +971 54 440 2955.
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SOURCE Savory & Partners
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