Let’s look at the International Immigrant Investor Programs of 3 Significant Countries
Many countries manage programs that permits residency to foreign investors quite similar to the United States EB-5 investment visa program. All these programs focus on increasing a country’s foreign direct investment levels by providing incentives to those who are looking to make considerable or sizeable investments. The requirements of these immigrant investment programs and the residency status that is allowed to investors differ from country to country. Some countries allow full permanent residency as part of their investment visa programs, whereas others only permit conditional residency.
So if you are looking to attend the global immigration summit, you must know that other alternatives to the US EB-5 investment visa programs include the investment visa programs of other countries all across the globe.
• Australian Investor Visa
Australia allows its foreign investor the opportunity to immigrate through their investment visa category. Unlike the EB-5 program, which leads to permanent residency, the Australian investor visa only enables foreign immigrants four years of temporary residency. After four years, the visa holder may apply for other visa types that could result in permanent residency. In order to qualify for the investment visa, applicants must:
Make an investment of AUD $1.5 million in an Australian company with an ownership stake in the company.
Investors must be less than 45 years old.
Must possess at least 3 years of business management experience
Have net assets of AUD $2.25 million.
• Canadian Immigrant Investor Program
Looking for Canadian residency through Federal Immigrant Investor Program? Well, that’s the best way possible as unlike many other countries’ immigrant investment visa programs, investors receive permanent residency status once they complete the Federal Immigrant Investor program. To qualify for the program, investors must-
Must have a minimum net worth of CAD $1.6 million
Must have two years of managerial experience
Must make a CAD $800,000 investment for five years.
• Cyprus Citizenship by Investment Program
Third country nationals can invest in the Republic of Cyprus and receive full Cypriot citizenship, In order to qualify; individuals must meet one of these requirements:
• Investment in Cyprus Real Estate, land development and infrastructure projects with minimum 2 million euros
• An investment in Cyprus businesses or companies with a minimum 2 million euros
Applicants must also meet certain other requirements to obtain citizenship, such as having a clean criminal record, and owning a permanent Cyprus residence that cost at least 2million Euros.