We are in an era where immigration is rife. Having an overseas status has become one of the norm for high-net-worth individuals. Some of them are planning for their future retirement in advance, some are planning for their future retirement, some are expanding their careers, but more are so that their children can enjoy better educational resources and receive more advanced educational concepts.
According to the World Migration Report published by the International Organization for Migration, international migrants account for 3 percent of the global population6, which means that one out of every 30 people is an international migrant. There are many factors to consider for people considering immigration. For example, how competitive is the destination country? Is there a business-friendly environment? What is the law and order situation? Can you provide a quality educational environment for your children? Will I encounter a language barrier? Is it easy to integrate into the local culture?
With so many immigration destinations to choose from, which countries are more suitable for Chinese immigrants?
1. Singapore
Singapore's strategic location and proximity to China make it easy for investors to travel between China and Singapore. In addition, Singapore has zero inheritance tax, low taxation, and continues to maintain economic development, providing a competitive business investment environment. As the only modern country established overseas by the Chinese, and the country with the highest density of Chinese, 75% of the country's population is Chinese, so there is no need to worry about discrimination because of their status.
Entrepreneurial immigration
Start-up immigration to Singapore is the preferred immigration method for many entrepreneurs and executives. By registering a company in Singapore and being self-employed as an executive, you can apply for an EP work permit. If you hold an EP and meet the relevant conditions, you can further apply for permanent residence.
2.Talent immigration
Talent immigration is low-cost and suitable for top talents from all walks of life. There are two types of talent immigration, the Tech Pass and the Top Talent Pass. The immigration route is to apply for the relevant pass first, and then transfer to permanent residence. The Tech Pass is suitable for entrepreneurs, executives or technical professionals in the technology sector; The Top Talent Pass is suitable for high-paid talents in various fields or those who have made significant achievements in arts, sports, academic research, etc.
3.Family office
Setting up a family office can achieve a double harvest of wealth and identity, and is the best choice for high-net-worth families to choose to immigrate to Singapore. The applicant is required to set up a family office in Singapore to manage the family assets. At the same time, you can be self-employed as a professional investor, and those who meet the conditions can apply for self-employment EP, and you can transfer to permanent residence if you hold EP and meet the relevant conditions.
4.Immigrant by Investment
Investment immigration, or GIP, is an immigration program with a high threshold, but it can get permanent residence in one step. Applicants can choose a plan according to their own wishes and conditions, formulate a corresponding business plan, and after obtaining approval, they can start venture capital activities and achieve permanent residence. Although Singapore has few drawbacks as an ideal place for Chinese immigrants, if you have to find a downside, it is that the threshold is higher.
2. Greece
Greece is the source of Western civilization, where exquisite classical art was born, a thriving ocean**, and a large number of philosophers of human wisdom, such as Socrates and Plato, still influence Western thought. Greece is rich in tourism with many world cultural heritage sites and historical monuments, as well as beautiful islands and picturesque beaches.
Greece has a mild climate and a pleasant environment that makes it a good place to live. Greeks have the healthiest Mediterranean diet in the world, and as a result, live longer on average. Many Chinese people run various small businesses in Greece, such as restaurants and cafes, and live a very leisurely life.
Compared with traditional immigration countries, the application process in Greece is simpler, the time required is shorter, the threshold is low, and there is no immigration incarceration, which can help applicants achieve immigration without having to physically reside. In addition, Greece supports three generations of immigrants to provide more opportunities for families. Greek immigration is the most relaxed immigration program in Europe and even in the world, and the applicant can purchase a property of more than 250,000 or 500,000 euros to achieve a family of three generations to immigrate together. No residency, no business management experience, or even a police clearance certificate are required. The entire immigration process is simple, from buying a house to getting a green card approved, it usually takes only 6 months.
3. Malta
Located on the Mediterranean Sea with an area of only 316 square kilometers, Malta is small in size, but its importance as the only country in Europe that combines "European Union, Schengen Area, Eurozone and Commonwealth countries" cannot be underestimated. English is the official language, and there is a British education in the same vein as the United Kingdom.
Malta has a well-established healthcare system and advanced medical facilities, and is ranked 5th in the World Health Organization's ranking of global healthcare systems. The average life expectancy in the country is 815 years old, much higher than the average of European countries. The elderly are also well provided with recuperation services, which is why it is known as the "future retirement destination" for immigrants.
Known as the "Switzerland of Southern Europe", Malta has a world-class banking system and has been awarded the title of "Best Financial Centre". Malta permanent residency status allows you to work, do business and travel freely across Europe's 29 Schengen countries. Malta's citizenship by investment program is flexible, you can choose to rent or buy a house, there is no immigration supervision, and four generations of a family can immigrate.
4. Portugal
Portugal is a typical southern European country with abundant resources and unique natural conditions. Great benefits, excellent education, and advantages in living and taxation make it a desirable place for people seeking happiness around the world.
The warmth and tolerance of the Portuguese are well known throughout Europe and the world. English is more widely spoken in Portugal, so it is relatively easy for Chinese to live there. Portuguese cuisine is also in line with the taste of the Chinese. Portugal is known as the "back garden of Europe" and is a place of leisure and retirement for the new upstarts of European countries.
Portuguese immigration is not only simple, but also allows for three generations of a family to immigrate together. All you need to do is buy a property in the local area for a minimum of €280,000 to obtain permanent residency status. Portuguese immigration has no requirements for applicants, such as language, education, etc., and only needs to buy a house. The property invested in is freehold.
Although Portugal has closed its immigration policy for home purchases, it is now possible to apply for a visa by investing €500,000. Immigration is a long-term plan, and it is important to choose a destination that suits your conditions, and all of these countries have clear advantages that deserve to be included in your immigration options.