Relocation for everyone

A Permanent Residence Permit (PRP), also known as "permanent residency," grants the right to long-term residence in a foreign country. Unlike other types of permits, PRP has no expiration date but requires renewal every five years. Timely renewal of residency status is crucial for those seeking citizenship, as permanent residency serves as an intermediate stage between temporary residence and full citizenship.

The path to permanent residency typically begins with obtaining a visa for purposes such as education, employment, or investment. Following this, a residence permit is granted within 1-12 months, depending on the purpose, usually following a structured schedule, often on a 1+2+2 or 2+2+1 scheme. Eligibility for citizenship can be achieved after 5-7 years of legal residency.

This immigration process is typical for migrants relocating to European countries, except for Malta and Hungary, where investors immediately receive residency upon arrival.

A Temporary Residence Permit (TRP), valid for 1-5 years, is issued based on officially approved reasons for immigration, such as education, employment, entrepreneurship, or marriage. While it allows temporary residence and crossing borders, the rights of temporary residents are limited and depend on the validity of the initial migration purpose. A residence permit serves as the initial step towards naturalization, acting as a pass to permanent residency.

In contrast, a Permanent Residence Permit is issued indefinitely or for a long period, usually not less than ten years. It can be reissued upon expiration, which is often requested after 3-5 years of residency under a temporary permit. The difference between a residence permit and a permanent residence permit lies in the immigrant's status. Permanent residency expands rights and responsibilities, implying assimilation into the social structure of the host country. While permanent residents enjoy all civil rights except for voting rights, transitioning from a residence permit to permanent residency signifies deeper integration into the adopted homeland.

Many of our immigration programs provide the right to obtain a passport for the entire family, allowing each individual to acquire a second passport or resident status. Age criteria for dependents may vary across different programs; for precise information, we recommend consulting with our consultants. Our offerings allow for the inclusion of spouses or civil partners, dependent children, parents, and in some programs, even siblings, grandparents, and grandchildren in the application.

Furthermore, the diversity of our programs enables us to meet the needs of various families, recognizing the importance of inclusivity. Whether you wish to relocate to a country with your immediate family or want to include extended family members, our consultants will help you navigate the specific opportunities. The flexibility of these immigration initiatives allows you to compile a comprehensive application tailored to the unique composition of your family.

Additionally, our specialists can provide information on the specific benefits and considerations associated with including various family members in the application. Such an individualized approach enables informed decisions that consider the needs and aspirations of your family. Our programs accommodate all the intricacies of families seeking to embark on a new chapter in another country: from spouses and children to parents, siblings, grandparents, and grandchildren.

In conclusion, we aim to provide a seamless and comprehensive immigration experience for your entire family, making the journey to obtaining a second passport or resident status a collective and harmonious process.

Every country has its own set of citizenship laws, which may include the following provisions:

Prohibition of dual citizenship:
In some countries, such as Belarus, Estonia, the Netherlands, Montenegro, Germany, Austria, and Kazakhstan, obtaining dual citizenship is strictly prohibited. This prohibition often results in the loss of rights associated with the original passport. Individuals acquiring a new passport may lose their voting rights, access to benefits and social payments, and may require permission for tourist entry into the country.

In Kazakhstan, for example, active control is exercised over compliance with this prohibition, and penalties and deportation may result from non-compliance. In Belarus, this prohibition is rarely enforced, especially if the individual has not served in the military or civil service of another country.

There are exceptions: for example, Germany allows obtaining a second EU or Swiss passport, and Montenegro allows obtaining Macedonian citizenship under the "Citizenship by Investment" program, allowing investors to retain their original documents.

Permission for dual citizenship:
In countries like Russia, the United States, Cyprus, Turkey, Portugal, and Vanuatu, citizens can obtain additional passports while retaining their original citizenship. This is known as dual citizenship. Although some rights may be limited, obligations to the home country are generally preserved.

In Russia, for instance, acquiring dual citizenship means losing the possibility of becoming president or entering government service, but individuals can still claim benefits, vote in elections, and exercise other rights.

It is important to note that where dual citizenship is permitted, an individual may acquire third (and more) citizenships if allowed by the legislation of each country.

Agreements on dual citizenship:
Some countries have agreements on dual citizenship with specific states. According to these agreements, certain obligations and rights may be coordinated. For example, a military service member may fulfill duties in either of the two countries whose passport they hold.

Russia has a dual citizenship treaty with Tajikistan, Spain with Argentina, Chile, Peru, and other Latin American territories. However, the US does not have such agreements.

It is essential to note that dual citizenship and second citizenship are different concepts, each with its own implications and peculiarities. Understanding the differences between them is crucial for those navigating the complexities of international citizenship.

Yes, in many countries, you can open a company without having a residence permit. The possibility of establishing a company as a non-resident often depends on the specific rules and laws governing entrepreneurship in a particular country. Here are some general points to consider:

Business structure:
The type of business structure you choose can affect the requirements for establishing a company. For example, in some countries, you can open a company as a non-resident through a legal entity such as a limited liability company.

Local legislation:

Each country has its own rules for setting up companies. Some countries have a more flexible policy, allowing non-residents to establish companies, while others may have stricter requirements.

Registered agent:
In some countries, appointing a registered agent or using the services of a local representative may be required to fulfill legal obligations. This representative can be an individual or a company physically present in the country.

Virtual or nominee directors:
In some cases, you can use the services of virtual or nominee directors who are residents of the country where you want to establish the company. These individuals act as representatives but cannot directly participate in day-to-day operations.

Legal and tax consultations:
It is crucial to obtain legal and tax advice in the country where you intend to establish the company. Specialists familiar with local laws can assist you in addressing the following issues.

Several countries worldwide offer programs that allow individuals to obtain residency by starting a business. These programs are often designed to attract entrepreneurs, investors, and individuals with business acumen. While specific details vary by country, here are some examples:

Portugal:
The "Golden Visa" program in Portugal allows individuals to obtain permanent resident status by investing in or starting a business that creates jobs.

Spain:
Spain offers an entrepreneur visa for those who want to start their own business in the country.

Singapore:
The Global Investor Program in Singapore enables eligible investors and entrepreneurs to obtain permanent residency by investing in the country's economy.

USA:
The EB-5 Immigrant Investor Program in the USA allows foreign investors to obtain a green card by making qualified investments in a new commercial enterprise that creates jobs.

Canada:
Canada offers various provincial nominee programs and entrepreneur programs that can lead to permanent residency for individuals wishing to start or invest in a business.

Australia:
The Business Innovation and Investment Program in Australia offers several visa options for individuals wishing to invest or start a business in the country.

New Zealand:
The Entrepreneur Work Visa in New Zealand is designed for individuals planning to buy or start a business in the country.

UK:
The Start-up and Innovator visa routes in the UK are aimed at attracting entrepreneurs and individuals with innovative business ideas.

Latvia:
Latvia's Startup Law facilitates the process of establishing and developing innovative businesses, which may eventually lead to obtaining residency.

Malta:
Malta's Individual Investor Program offers the possibility of obtaining residency for individuals who invest in or start a qualified business in the country.

It is important to note that requirements, investment thresholds, and conditions for obtaining residency through entrepreneurship significantly vary in different countries. Potential applicants should thoroughly research specific programs and seek professional consultation to have a clear understanding of eligibility criteria and the application process.

Let's explore the regions that top the list of the most attractive destinations for business immigration.

Portugal:
Portugal garners attention for its favorable business environment. Among the factors contributing to this are:
Entrepreneurial Support: Portugal offers various entrepreneurship and startup support programs.
Strategic Location: Portugal's location provides easy access to European markets.
Golden Visa Program: The Golden Visa program attracts investors by offering residency to those making eligible investments, including in businesses.

Spain:
Spain is renowned for its diverse economy and rich cultural heritage. Key aspects for business include:
Strategic Location: Spain's location is advantageous for trade and business connections.
Entrepreneurial Initiatives: Spain implements initiatives aimed at supporting entrepreneurship and innovation.
Investor-Friendly Policies: The country offers various incentives for foreign investors.

Singapore:
Singapore consistently ranks high for its favorable business environment and economic stability. Key factors include:
Ease of Doing Business: Singapore is known for its efficiency in business registration and operations.
Strategic Location: Serving as a regional hub, Singapore provides access to the Asia-Pacific market.
Government Support: Initiatives like the Global Investor Program attract foreign investors and entrepreneurs.

UAE (United Arab Emirates):
The UAE, especially Dubai and Abu Dhabi, have transformed into global business hubs. Contributing factors include:
Free Zones: The UAE hosts numerous free zones offering incentives for foreign enterprises.
Strategic Position: Situated at the crossroads of Europe, Asia, and Africa, the UAE boasts excellent connectivity.
Tax Incentives: Some free zones provide tax exemptions and 100% foreign ownership.

Other Countries:
Apart from those listed, several other countries are favorable for business.

Some notable examples include:
Hong Kong: An ideal region for businesses targeting the Asia-Pacific region and economically developed Asian countries. The country maintains a policy of attracting foreign investments, effectively combats corruption, and develops tax residency programs. It's no wonder many corporate headquarters are concentrated in this region.
USA and Canada: Recognized leaders in industries, resource extraction, and international trade. It's relatively easy to start a business here, with tax incentives available for joint ventures or startup support programs. However, prospects are balanced with high requirements for business visas and strict commercial activity regulations.
Norway and Denmark: Scandinavian countries attract foreign entrepreneurs with developed digital infrastructure that simplifies business operations and favorable laws regulating it. These countries have a soft tax policy towards small and medium-sized businesses. However, to avail of these benefits, one needs to obtain resident status, which may pose difficulties for residents of CIS countries at times.

When selecting the best country for conducting business, factors such as regulatory framework, tax policies, infrastructure, market access, and cultural peculiarities must be considered. Thorough research is crucial, and seeking advice from local business experts or consultants, if possible, can help make informed decisions based on specific business needs and goals.

The location for tax payment when obtaining a residence permit depends on the tax legislation of the country where you are obtaining the residency. Generally, taxation is based on the status of tax residency, which can vary in different countries.

Below are some common principles:

Residency for tax purposes:
Most countries determine tax residency based on the amount of time spent in the country during a given tax year. If you meet the criteria for tax residency, you are usually required to pay taxes on your income earned worldwide in that country.

Tax treaties:
Some countries enter into tax treaties with other nations to avoid double taxation. These agreements may specify which country has the primary right to tax certain types of income.

Tax authorities:
Taxation is carried out by the tax authorities of each country. You need to register with the tax authorities of the country where you are a tax resident.

Seek professional advice:
Tax legislation can be complex and significantly different in various countries. It is recommended to seek professional advice from tax consultants or accountants who are well-versed in the tax legislation of the specific country.

Residence permit and tax residency:
Obtaining a residence permit does not automatically make you a tax resident. Tax residency is determined by factors such as the amount of time spent in the country and your connections to that country.

The tax implications of holding multiple citizenships depend on the tax legislation of the respective countries and any existing tax agreements between them.

Below are some general principles to consider:

Taxation based on residency:
Many countries apply a system of taxation based on residency, under which a person is taxed on their worldwide income if they are considered a tax resident. In such cases, simply having citizenship cannot alone create tax obligations; residency status is more important.

Tax treaties:
Some countries enter into tax treaties to avoid double taxation. These agreements may include provisions determining where a person is considered a tax resident and specifying which country has the primary right to tax certain types of income.

Citizenship and tax residency:
Having citizenship in a particular country does not automatically make you a tax resident. You may be a citizen but reside in another country where you are a tax resident. Tax obligations are typically tied to place of residence rather than citizenship.

Information disclosure requirements:
Some countries may impose requirements on their tax residents to disclose information about foreign assets and income, including in other countries where the individual holds citizenship.

Tax impact of dual citizenship:
The tax impact of dual citizenship can vary significantly. Some countries may have special rules or benefits for citizens living abroad, while others may not tax income earned in other countries.

Professional consultation:
Given the complexity of international tax law, it is advisable to seek professional advice from tax consultants or accountants specializing in the tax legislation of specific countries.

It is important to note that tax legislation can change, and the information provided here is a general guide to action. Each country has its own rules and norms, so it is essential to understand the tax implications of holding multiple citizenships in the context of specific countries. Consultations with tax professionals who are well-versed
in the legislation of relevant jurisdictions can provide individualized and up-to-date recommendations.

Investing for citizenship often involves choosing assets or ventures that meet the specific requirements of citizenship by investment programs. While the options can vary widely, here are some common types of investments associated with citizenship acquisition programs:

Real Estate:
Portugal (PT) and EU: Many citizenship acquisition programs, including Portugal's "Golden Visa," involve investing in real estate. In Portugal, this often means purchasing property, with the investment amount varying depending on factors such as location and type of property. Similarly, some European countries offer residency or citizenship for investments in real estate.

Government Bonds:
Cyprus: Cyprus' "Citizenship by Investment" program allows investment in government bonds, financial assets, and real estate.

Stock Market Investments:
Malta: Malta's program for individual investors allows investment in stocks, bonds, or debt obligations.

Investments in Art and Culture:
Some programs may encourage or allow investments in cultural or artistic ventures. However, such programs are less common and typically have specific criteria.

Entrepreneurial Investments:
USA (EB-5 program): The U.S. EB-5 Immigrant Investor Program requires investments in a qualified new commercial enterprise that creates jobs.

Gold and Precious Metals:
While investing in physical gold is not a common requirement for citizenship acquisition programs, it can be part of a diversified investment portfolio. Singapore, being a global financial center, may offer opportunities for gold investments.

It is important to note that the specifics of each program may vary, including minimum investment amounts, permissible types of investments, and corresponding requirements. Additionally, investment decisions should align with your financial goals, risk tolerance, and overall investment strategy.

Before making any investments, especially for the purpose of obtaining citizenship, it is essential to carefully study the specific requirements of the chosen program and seek consultation with financial and legal experts experienced in the relevant jurisdiction. Rules and regulations governing citizenship by investment programs may change, so staying informed and consulting with experts will help navigate the complexities associated with these investments.

The time required to retain investments for citizenship acquisition varies significantly across different countries and often depends on the specific requirements of each country's investment citizenship program. Here are some examples from the countries you mentioned:

Spain:
Spain offers an entrepreneur visa, and the duration required for investment retention can vary. Typically, investments must be retained for the entire duration of the visa, which usually lasts for two years. After this initial period, the investor can apply for a visa extension and ultimately for permanent residency or citizenship.

Portugal:
Portugal's "Golden Visa" program requires investments in real estate or other assets that meet certain requirements. Investments must be retained for a minimum period. The standard investment retention period is five years, after which the investor may apply for Portuguese citizenship.

France:
France does not have a traditional citizenship-by-investment program. However, it offers options for obtaining residency through investments. For example, the "Talent Passport" program allows investors to obtain residency. The duration of investment retention may vary, so it's essential to familiarize oneself with the specific program conditions.

UAE (United Arab Emirates):
The UAE does not have a "citizenship-by-investment" program, but it has introduced long-term residency visas for investors. The duration of investment retention will depend on the conditions of the specific residency visa obtained.

Singapore:
Singapore's Global Investor Program (GIP) allows investors to obtain permanent residency status. The duration of investment retention is typically five years, after which investors can apply for citizenship. However, Singapore operates a selective approach to citizenship, and its acquisition is not guaranteed.

It is important to note that the information provided is based on my knowledge as of January 2022, and policies may change. Additionally, each program may have specific criteria and investment retention conditions, and the processing times for citizenship applications may vary.

For the most accurate and up-to-date information, individuals interested in these programs should contact immigration authorities, lawyers, or authorized agents specializing in "citizenship-by-investment" or "residency-by-investment" programs in the respective countries.