Page 13 - Dainfern Precinct Living Issue 5 _2023
P. 13
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Business
So, what
are your
options?
n March, Estate Living hosted an in-
person International Emigration and
Investment Roadshow. Its purpose
Iwas to highlight options for South
Africans who want to emigrate but
feel trapped by the fact that they don't
have a secondary and more versatile
passport. Many of us are toying with
the idea and wouldn't know where
to start. We also aren't fully aware of
the options out there. When you do
some research, it's usually from a sales
perspective – companies who facilitate
the process. So, I thought I'd offer a
more objective breakdown of some of
these options to help to wade through
the chaos. ANTIGUA AND BARBUDA MONTENEGRO'S CITIZENSHIP-
CITIZENSHIP BY INVESTMENT BY-INVESTMENT PROGRAM:
Emigration by investment is popular PROGRAM: Options include a Minimum investment of €250,000 in
among South Africans seeking $100,000 donation, $400,000 real an approved development project in
new opportunities abroad. This estate investment, or a $1.5 million an undeveloped region or €450,000
option allows individuals to obtain investment in an eligible business. in a developed region, along with a
residency or citizenship in a foreign Investors receive full citizenship, visa- €100,000 donation to a government
country through significant financial free travel to over 150 countries, and fund. This program offers full
investments. Benefits include an no worldwide income tax. citizenship, visa-free travel to over 120
improved quality of life, better countries, and access to live, work, and
education opportunities, enhanced UNITED STATES EB-5 study in Montenegro.
security, and economic stability. Here IMMIGRANT INVESTOR
are some popular options: PROGRAM: Investment of $1.8 Emigration by investment provides
million in a new commercial enterprise
GOLDEN VISA PORTUGAL: (or $900,000 in a targeted employment South Africans with opportunities for
Investment of €280,000 in real estate area) that creates or preserves at better living standards, education,
or a capital transfer of €350,000. least ten full-time jobs for US workers. security, and stability. However,
Benefits include a five-year residency Benefits include lawful permanent these programs require substantial
permit, with the potential for residency, potential US citizenship, and investments and understanding
permanent residency and citizenship. eligibility for the investor's spouse and of immigration laws. Consult an
Holders enjoy free movement within unmarried children under 21 to apply immigration specialist before
the Schengen Area and the right to for green cards. proceeding and research reputable
work, study, and reside in Portugal. companies with a proven track record.
MALTA INDIVIDUAL
INVESTORS PROGRAM:
Contribution of €650,000 to the
National Development and Social
Fund, along with specific residence and
investment requirements. The program
leads to full citizenship, providing free
movement within the EU, visa-free
travel to over 160 countries, and the
right to live, work, and study in any EU
country.
SAINT KITTS AND NEVIS
CITIZENSHIP BY INVESTMENT
PROGRAM: Minimum contribution
of $150,000 to the Sustainable
Growth Fund or a $400,000 real estate
investment. Benefits include full
citizenship, visa-free travel to over 150
countries, no personal income tax, and
dual citizenship rights.
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