Page 13 - Dainfern Precinct Living Issue 5 _2023
P. 13

Travel
                                                                                                          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.


                                                                                                                        DPL issue 4 2023  7
 12  DPL issue 5 2023                                                                               DPL issue 5 2023  13  DPL issue 2 2023  7
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