More and more Hongkongers are investing in Golden Visas
Posted: - Updated: July 6, 2020
The recent spates of protests and ongoing political unrest in Hong Kong have spurred investors and their family members to seek safe havens globally. In times of insecurity, having a plan b in life in the form of second residency or dual citizenship offers greater personal and financial security. But how can one actually secure second citizenship abroad as a non-citizen?
Countries like Portugal and Spain run highly-respected Golden Visa Programs, which offers residence permits to investors in exchange for making a qualifying investment. Portugal and Spain are among the nations Hong Kong residents tend to consider when it comes to residency by investment because the program eventually enables you to obtain EU citizenship.
What attracts Hongkongers to Europe?
Europe offers excellent living conditions, with relatively low living costs, beautiful weather, and clean fresh air. It is rich in history and culture and offers all the modern commodities Hong Kong residents can get at home. It’s very easy to travel around Europe, and with a residence permit, you have instant access to visa-free travel to 26 EU nations. In particular, HongKongers tend to settle down in Portugal the most,because it’s one of the safest countries in the world, with high-quality living standards and free public healthcare.
Why the Portugal Golden Visa?
Portugal is a dream property investment destination for Hongkongers wanting to escape the city’s political unrest. Portugal is western Europe’s most dynamic property market, due to attractive tax benefits for foreign buyers and the Golden Visa program, which offers residence permits in return for investments as low as €280,000. After fulfilling the program requirements and maintaining your investment for five years, you can qualify for Portuguese citizenship. Since there’s only a 7 day per year stay requirement for the Portugal Golden Visa, some HongKongers prefer to continue residing in Hong Kong for the duration of their five-year investment, until they qualify for permanent residence.
Portugal Golden Visa benefits
Access to 26 nations in the EU & visa-free travel to 183 nations
Affordable investment options available
High-ranking European passport
A sound investment in a buoyant market that can lead to real returns
Option to become a non-habitual resident and pay little to no tax for 10 years
Short stay requirement
Your dependent children & dependent parents qualify for the same benefits
With Hong Kong embroiled in its worst political crisis in decades, a rising number of Hongkongers are looking to secure their future and the future of their children abroad. Many residents are considering Spain’s Golden Visa, because it only takes 60 days to get the Golden Visa.
The Golden Visa Program in Spain is one of the most popular residency-by-investment schemes in Europe. To date, thousands of investors have used it to obtain residency in Spain. With an investment of €500,000, a Golden Visa permit gives you and your family better opportunities, a more secure future, and ease of travel.
Join hundreds of Hongkongers in acquiring Golden Visas in Europe. In just a few short months, you can obtain residence permits for yourself and your family, with the right to live, work, and study in the country.
We are a boutique investment firm with years of experience delivering bespoke residence and citizenship-by-investment solutions for international families. With offices worldwide and an experienced, hands-on team, we help clients from around the world acquire residence permits or dream properties while diversifying their portfolio with robust investments.
We can simplify access to property investments, provide local insights, help with legal assistance, tax planning, and more—all while ensuring efficient, personalized, and confidential service.