International Property Show 2017 to focus on investor programmes for global residence
A number of European countries as Spain, Portugal, Malta, Greece and Cyprus provide Golden Visa programmes
With the world becoming a local destination, many countries are now opening their doors to residency and citizenship by investment. Europe, with its vast and improving economy is a promising part of the world where opportunities to obtain a second passport are booming.
In an endeavour to provide realty buyers personal and professional freedom, the 13th edition of the International Property Show will focus on investor programmes for global residence and citizenship.
The show will be held from 2-4 April this year at the Dubai International Convention and Exhibition Centre. It aims to offer investors flexible investment programmes with clear legal requirements for easy access to European countries, in addition to the best in real estate and properties from across the world.
A number of European countries offer Golden Visas through investment in real estate, allowing individuals and their families to obtain a second citizenship and passport after making an investment. Investment options include real estate purchases, cash deposit to a government development fund or investment in one of the country’s main industries.
The Golden Visa programme for Spain, Portugal, Malta, Greece and Cyprus are the most prominent. The growth and proliferation of investor visa programmes in recent years have encouraged several investors to consider for residency and citizenship in Europe and beyond. It was noted that Portugal granted 4,202 Golden Visas since the creation of the residence permit system for Investment Activity (ARI).
“Demand for property in the European countries is high and the Golden Visas is an added advantage. As such it was important that the International Property Show facilitates a platform which connects the investors to these countries for quick and easy access to a second passport,” said Dawood Al Shezawi, CEO, Strategic Marketing & Exhibitions, organisers of the International Property Show.
“Housing is an economic asset, an investment and a market commodity. Many European countries offer residency by investment options to individuals who wish to purchase real estate or perform a strategic investment in the economy,” added Al Shezawi.
Golden Visa programmes from different European countries grant immediate residency visa or even citizenship directly to foreign investors against a lump sum investment in real estate, or in business and commerce. There is no requirement to live in a country after making the investment. As such, there is a great demand for European Golden Visa programmes from investors coming from Middle East, Asia and Africa.
According to New World Wealth, a market research firm based in Johannesburg, South Africa, the number of investors with sufficient means at their disposal and the ability to pass the strict due diligence rules; moving to another country jumped 28 per cent in 2016 from the previous year, reaching the highest level the firm has found in its four years of measuring.