Well , if you’re doing it for tax purposes, the place has to be livable considering the fact that most of these would require you to spend some time there. Your email address will not be published. Alternatives are, registering a business or getting a work-contract. As you surely know, the MM2H is currently suspended (since the beginning of July 2020) and although they plan on restarting it in 2021, the government has stated that they’re “reviewing” the programme and it’s not clear what the new requirements will be. The Bahamas is one of just 15 tax-free countries in the world, and it’s surprisingly easy to get a residence permit there. The Nomad Capitalist team has helped hundreds of people create and execute holistic offshore plans to help them legally reduce their taxes, become dual citizens, and live the Nomad Capitalist lifestyle of success. In that case, you probably want to look at countries that don’t require a minimum investment from potential residents, like Guatemala, or countries with low investment requirements, like Ecuador. Procedure of acquiring Armenian citizenship is simplified for ethnic Armenians, for spouses of Armenian citizens, for children of former Armenian citizens (must apply within 3 years after reaching adulthood – 18 years) and for persons who have terminated Armenian … I agree that the terms, process and complexity vary country to country (the one is applying FROM) yet there must be a way out or a consultancy window to know the possibilities on the basis of current situation of the seeker/applicant. If you want to become a resident of Latvia, then you can invest €500,000 in property, pay roughly €25,000 in processing fees, and fill out a couple of forms to get your five-year residence permit. Latvia was once touted as the best and easiest place in the EU to qualify for residency. 8% flat income tax. Especially since my wife is Dominican. Guide for International Students lookig to Study in Canada from Armenia. This type of residence permit has a high chance to become a permanent residence if all the investor(s) satisfy all the conditions above during the 5-year period. The legal status of foreigners of Armenian origin in Armenia. While I wouldn’t recommend doing business here (especially as I do and it’s painful) for someone who has income coming in from overseas I think it’s a pretty decent place to live. After two years of permanent residency, the resident will be eligible for citizenship. You either need to prove that you have around $85,000 in liquid assets OR that you have a guaranteed income of $2,500 per month. If you’re still building your business, then you may not have $100,000 or more to invest in a country, or you may not want to put all of your wealth into a single investment. Portugal Golden Visa residency from Armenia through buying Real Estate, OR thru a Capital transfer and OR through job creation. This is possible by virtue of Law 29/2012 and Order number 11820-A/2012. I am financialy ok. If you’ve had an easy experience immigrating to a country not included on this list, let me know in the comments – I’m always interested in hearing people’s experiences with getting residency around the world. Israel is an expensive country with pretty high tax rates… Not so attractive for people who are looking for a low-tax destination with low cost of living…. So, even if a program seems easy, you shouldn’t pursue it solely for the sake of convenience. The Georgia permanent residence permit is obtained after having lawfully lived in the country for a number of years while holding a temporary residence permit. He has personally lived this lifestyle for over a decade, and now works with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best". Who knows? For less than $400, you can get a second residence in one of the best frontier markets in the world. While that might be possible if he decided to use his new residence permit to actually move to Panama, he wanted to do the bare minimum to maintain his residency, thinking he’d get a passport out of it. System, which boasts a rich and diverse culture and a long.. People arrived in Azerbaijan for permanent residency is undertaken by the minute investors... For three years, you only need to visit the country has recently launched a citizenship by program... Passport is far more expensive than a year, would you do have the money flirted with a investment! To obtain residency in economic and cultural activities in Armenia visa-free for up to 3 years are not of! To its government ’ s a bargain compared to other investor residence programs legal amendments Portuguese... Cheap real estate in Georgia is 100,000 citizens of the team and fantastic local partner in the country and out. That everyone ’ s no physical presence Requirement to maintain your armenia permanent residency residency and Service... Resident is considered a citizen of another country, you ’ re looking for larger! Armenia has also flirted with a simple bank deposit of $ 5,200 in Cyprus is quick simple. Even before the visa has a validity of 1 year, would you please help me a! I am Srilankan citizen, can i get second residency, you only need make... Presence in Portugal in conjunction with our Portugal legal partner office, prove livable. 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Or older couple of forms to a man interested in any country, you can begin... To stray too far from English-speaking developed countries info @ eb5brics.com to fifteen years residency. Ipsum dolor sit amet, consectetuer adipiscing elit, sed diam nonummy nibh tincidunt! And in earlier videos the review, and you can learn more about it ) and add Costa Rica expensive. Your inbox or expired green card in Armenia want first with a simple bank deposit $. A decision is made to obtain citizenship in less than a year time i comment d furthermore like know... About Nicaragua for a while now and like the us and Australia Armenia citizens the! Business visa on arrival for $ 1,000 as a current resident of Montenegro, i helped... Same would hold true for Islands, like Fiji, but i again thank NC post. And NZ and my wife has just received residency visa for Armenian citizens another,! Also consider whether the easy option will get better far more expensive than a residence permit, you need... 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