Golden visas ( RBI/Residence by investment) are great investment vehicles to achieve EU citizenship status. Holders of EU passport feel global recognition and prestige. The EU has reigned itself as a major investment destination to store and grow wealth. Investors can benefit from residing in a region with a high standard of living, well-developed infrastructure, and diverse business opportunities. The EU is also a major global economic player, making it an attractive destination for individuals looking to expand business operations, access financial markets, and build wealth.
- Don’t Waste – You wont waste money, unlike donation programs. Invest in schemes, that are refundable investment plus your money grows withe investment. Grow your wealth, do not throw it away.
- Passport Value – European passports are highly respected, it is a coveted trophy. It doesnt come easy, you have to put some efforts like learning language, culture etc. to earn it. Becoming a EU is perhaps the greatest achievement in your life and a generous gift to your loved ones. EU passports are superior than caribbean passports when it comes to freedom, global mobility and value. EU citizens have full right to live, work, study in all member states and enjoy equal status. Children of EU citizens, can benefit from lower tuition fees unlike foreign students..
- Peace of Mind – Enjoy safety, superior quality of life with healthcare, education in European countries compared to Caribbean countries with low crime rate.
- Park your money where it is safe.
- High Property Returns – Invest in EU real estate market is a safe bet. produces superior rental returns with demand fueled by tourism and foreign investment.
- Residency perk – Your investment automatically qualifies for residence visa, comes bundled with the investment. For example if you buy a property for 250,000 euros in Greece, you get residence permit valid for 5 years and can be renewed indefinitely. Caribbean citizenship provide only visa free entry, do not provide automatic residency in EU member states.
- Visa Free Movement – EU residents and citizens enjoy visa free movement in the schengen area (29 countries). Allowed to remain for 90/180 days every year.
- Dual nationality – Residence programs may well suit investors who hail from India, China etc (dual nationality restricted),, who wish to retain their original nationality and not circumvent dual citizenship restrictions.
- ETA Restrictions – EU will be imposing electronic travel authorization (ETIAS) to all Caribbean countries from 2025. It does not apply to EU residents and citizens or golden visa holders need not worry about this. It could be possible caribbean CBI nations could be slapped with visa restrictions on risks posed by CBI programs in the Caribbean.
- Tax Regime – It is true Caribbean countries offer extremely favorable tax regimes, including no income tax, no inheritance tax, and low corporate taxes, making them attractive for individuals looking to minimize their tax burden. Several EU countries also provide special tax exemptions through non-habitual taxations. But considering many passport investors, do not visit or reside in Caribbean, it creates no genuine link to the country. If questioned at the border, raises red flags and suspicions on the authenticity of passports issued under CBI.
- Limited opportunity – With growing scrutiny, international pressure etc, Golden visas, these special programs wont run forever. It is purely a limited one time time opportunity for investors. These programs are closing soon (eg. Spain). Netherlands, Ireland already terminated.
- Family – Golden visas extend residence rights to spouse, children, siblings, parents and grandparents who can benefit as a family.
- EU Bank account – Golden visa applicants are given full right to open account with EU banks (known for great reputation for clean money with AML policies), makes it easier to send and receive money without any fear or scrutiny. Typically only EU citizens/residents are allowed to open account with EU banks.
To sum up, The EU has a variety of lifestyle options, from vibrant urban living with beach and sun, suited for retirees and raising families. The Caribbean offers a laid-back lifestyle with beautiful beaches and tropical climates, which is attractive for those seeking relaxation.