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Global Residence Permit: Analytical and Comparative Analysis of different types of permanent residency and citizenship programs of selected countries from the perspective of a third country adult

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“A second citizenship is like an insurance policy of the 21st century”- Christian Kalin, Chairman of Henley and Partner"

Motivation
Methods
Terminologies
Interesting Facts about Investment Migration
Comparison of 16 countries
Recommendation of action
Discussion
Some interesting schemes introduced are:
References

Motivation

Golden Visas or Golden passports are defined as policies developed by countries to mainly attract wealthy people from other countries and provide them citizenship or permanent residencies in exchange for a hefty amount of investment. Between 2011 and 2013, many European states introduced these programs. Bulgaria, France, Hungary, Ireland, Latvia, Spain, Portugal, and Netherland started Residence via investment programs. These schemes are mainly targeted toward high-net-worth individuals. This is not the only way to get access to permanent residency or citizenship, due to the aging population all the countries are trying to attract high-skilled migrants with the intention of permanent settlement. So, there are also various temporary and permanent residency programs for high skilled migrants. There is separate literature evidence on all these topics but a lack of literature evidence on comparative analysis of all these programs. So, the aim of this study is to analyze in detail as many countries as possible regarding all types of permanent residence programs and citizenship programs that an adult can obtain and provide recommendations for action to the interested parties.

Methods

we mainly used the existing academic literature as the background knowledge and created a comparative analysis for sixteen countries in detail to give an overview regarding residence and citizenship via investment programs and temporary and permanent residence programs for highly skilled individuals. All the programs for the selected countries including citizenship programs have been discussed individually to get a better and more detailed overview.

Terminologies

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The following links contain information about the basic terminologies.

✌🏻Visa and Residency Permit 👇🏽Temporary and permanent residency 🌎Citizenship and Residency Programme by Investment 🧑🏼‍🦯Supply-based and Demand-based Immigration system 📰Employer-driven and Immigrant-driven migration system 🛂Citizenship

Interesting Facts about Investment Migration

The global investment migration market might grow into a $100 billion (USD) industry by 2025.
The top investment immigration programs by revenue are US EB-5, UK Tier 1, and Quebec IIP.
Over 750 million people across the world are willing to migrate to a new country if they could.

Germany issues the highest EU Blue card as compared to other EU countries- Does that point to a common admission system? (1)