Top residence destinations for high net worth individuals

In recent years, the investment migration industry has experienced unprecedented growth, with residence-by-investment now an established feature of the global economic landscape.

Thousands of high-net-worth individuals (HNWIs) are now seeking residency as a means of improving international mobility, tax planning, and family security while also seeking investment opportunities.

But with so many options, where do the world’s HNWIs want to reside?

Top Residence Destinations for High Net Worth Individuals
 

Malta

Malta is a very attractive location for private residence. The island nation enjoys a stable political climate and is strategically located with excellent air links. The Malta Residence and Visa Program (MRVP) offers non-Maltese persons the possibility of acquiring a European Union residence card which offers visa-free travel within the Schengen area.

Processing time: Four to six months

After stringent due diligence checks, successful applicants are requested to complete the qualifying investments and are then issued a residence permit. An independent processing body, the Malta Residence and Visa Agency, then issues successful applicants with a Maltese Residence Certificate and card that functions as an official residency permit. The certificate is monitored annually for the first five years from its issue, and every five years thereafter. There is no minimum physical presence requirement.

Estimated investment: EUR 330,000 to EUR 550,000 (mixed capital requirements)

Top Residence Destinations for High Net Worth Individuals
 

Portugal

Situated on the Atlantic seaboard, Portugal is one of the oldest countries in Europe with an excellent reputation, a very high Human Development Index ranking, a high level of security, and one of the world’s most globalised and peaceful nations.

A relatively small country of approximately 11 million people, Portugal boasts a rich history, a lively culture, exceptional cuisine and wine, a mild climate, stunning beaches, and idyllic countryside. The residence permit also allows visa-free access to the Schengen area and after five years as a resident, you will be eligible to apply for permanent residence or citizenship subject to prevailing criteria.

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