Monday, November 16, 2020

6 Reasons Why The Demand For Residency & Citizenship by Investment is Surging Amid Covid-19

Multinational law firm specializing in corporate law and investment immigration, with a worldwide reputation for representing high-profile clients and corporations, Harvey Law Group has been advising on investment immigration programs since 1992. Having anticipated a surge in demand for Residency & Citizenship-by-Investment programs due to the ongoing global health crisis, Harvey Law Group currently offers Residency & Citizenship-by-Investment Programs (RCIPs) to 23 countries including, Canada, the Caribbean, the United States and Turkey.

6 Reasons Why The Demand For Residency & Citizenship by Investment is Surging Amid Covid-19

Despite being a relatively new concept, Residency & Citizenship planning is astronomically popular, as a growing number have begun initiating their migration via investment plans to both traditional and non-traditional destinations such as New Zealand, Australia, Canada, the United Kingdom, Ireland, Spain, Portugal, and Greece. Thanks to a series of offshore tax havens with strong passports that give visa-free travel access to a multitude of popular and desirable nations whilst minimizing tax exposure, more countries are able to offer affordable, quick and easy investment immigration programs to foreign investors seeking residency and citizenship.

As a leader in the investment immigration industry – with track record of over 29 years, and 20 offices worldwide including Thailand, Vietnam, Cambodia, the Philippines, Ivory Coast, Malaysia, Indonesia, South Africa and counting – Harvey Law Group has witnessed a rapid increase in demand for mobility and investment immigration programs throughout the world. Its economic experts thus attribute the program’s success to six main factors and motivations. These six reasons are:

Business, Relocation, Expanding Your Options, Family & Children

Given unstable circumstances, businesses and families are increasingly seeking alternative options to relocate or expand their businesses and send their children overseas. Harvey Law Group (HLG) assist, every year and since 1992, hundreds of families worldwide with successful Residency & Citizenship-by-Investment applications, migration and settling into their desired destinations.

Covid-19 & Alternative Residency & Citizenship Planning

The global pandemic has accelerated the issue of choosing a new location. For those taking the decision, they are investing in an alternative citizenship or residency and thus are acquiring the “best of both worlds” so to speak. The Caribbean direct Citizenship by Investment programs offers an accelerated pathway and process for obtaining citizenship.

Alternative Investments, Wealth Management & Protection, Diversification & Legacy Planning

Residency & Citizenship-by-Investment programs are sought-after assets and are emerging as an essential strategic investment as part of an efficient and high performing investment portfolio. The investments in most cases can be liquidated after a stipulated holding period should the investor wish to do so. All whilst obtaining an alternative residency or citizenship with all the benefits that entails. It’s about expanding your options, opening doors, extending your horizons and securing your family’s future.

Security, Global Mobility, Visa-Free Travel, Education, Health, Quality of Life & Freedom An alternative residency or citizenship provides a safety net, an exit strategy, wealth preservation as well as a hedge against adverse economic conditions and political uncertainties. Not only is it the ultimate luxury and status symbol; it is also security in freedom of movement, freedom of choice and quality of life. Depending on the investment immigration program chosen, investors, their spouses, their children and in some cases, extended family as well, receive additional benefits that comes with the investment: fast-track residency or citizenship, visa-free travel privileges, access to world-class education and health care systems as well as enhanced business opportunities.

 Increasingly Accessible & Affordable

It is worth noting that people investing into these programs are no longer just the high-net-worth individuals; it has become a popular commodity amongst the upper middle-class as well.

Tax Planning, Offshore Havens, Confidentiality & Asset Management & Planning

The Caribbean Citizenship-by-Investment programs such as Antigua & Barbuda, The Commonwealth of Dominica, Grenada, St. Kitts & Nevis and St. Lucia, start from USD 100,000 – USD 150,000 onward for their respective donation options. These programs are obtained via donations to their respective National Development Funds or investments into their respective government-approved real estate projects. The secluded and beautiful tropical islands of the Caribbean are renowned offshore tax havens.

For enquiries on Residency, Permanent Residency (PR), Golden Visa, Passport and Citizenship- by-Investment programs, Harvey Law Group is contactable online via Facebook, and YouTube. Subsequently, interested parties may also contact Mr. Jean-Francois Harvey, the HLG Global Managing Partner, at jfharvey@harveylawcorporation.com, or the HLG Managing Partner at btrelcat@harveylawcorporation.com.

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