Latest / IMI Podcasts / How to Gain More Travel Freedom Without a New Passport
Transcript
- 0:00SPEAKER_00: For many people with weak passports, seeking a new citizenship is often a means to pursue greater travel freedom.
- 0:06SPEAKER_00: But residency can sometimes be nearly as effective.
- 0:09SPEAKER_00: A residency card not only grants the right to live in a new country, but could also significantly improve one's global mobility.
- 0:17SPEAKER_00: Take EU residencies, for example.
- 0:19SPEAKER_00: They allow travel across 27 countries in the Schengen zone and provide access to over 30 additional destinations, including Mexico, Turkey, Singapore, and Ireland.
- 0:30SPEAKER_00: This is not unique to Europe, as residency programs worldwide, from the US to Saudi Arabia, offer similar mobility benefits.
- 0:37SPEAKER_00: This guide explores some of the popular investor residency programs and how they can significantly enhance travel freedom for their holders.
- 0:45SPEAKER_00: Residency in the EU or the Schengen area is one of the most powerful tools for global mobility.
- 0:51SPEAKER_00: Beyond granting access to 27 Schengen countries, EU residency cards also enable visa-free or visa-on-arrival travel to an increasing number of destinations worldwide.
- 1:02SPEAKER_00: Residency mobility benefits are unlimited travel within Schengen countries, and visa-free entry to 30 non-Schengen destinations.
- 1:11SPEAKER_00: Here are visa-free on arrival destinations with EU residency: Albania, Antigua, and Barbuda, Bahamas, Belarus, Belize, Bosnia and Herzegovina, Bulgaria, Colombia, Croatia, Cyprus, El Salvador, Georgia, Haiti, Honduras, Ireland, Jamaica, Mexico, Moldova, Montenegro, Nicaragua, Oman, Peru, Philippines, Qatar, Romania, Saudi Arabia, Soundome and Principe, Serbia, Singapore, and Turkey.
- 1:41SPEAKER_00: Popular EU investor residency programs are Portugal Golden Visa, investment from€200,000.
- 1:49SPEAKER_00: Greece, Golden Visa, investment from€250,000.
- 1:54SPEAKER_00: Ireland Immigrant Investor Program, investment from 400,000 euros, and Malta Permanent Residence Program, investment from 150,000 euros.
- 2:04SPEAKER_00: Residency in the United States through a green card provides the right to live and work in the U.S., along with visa-free or visa on arrival access to a range of countries.
- 2:15SPEAKER_00: Residency mobility benefits are access to destinations in the Americas, Europe, and Asia, and visa-free or visa on arrival entry to over 35 countries beyond North America.
- 2:28SPEAKER_00: Here are visa-free on-arrival destinations with a U.S.
- 2:32SPEAKER_00: green card, Albania, Anguilla, Antigua, and Barbuda, Aruba, Bahamas, Bahrain, Belize, Bermuda, Bonaire, Bosnia and Herzegovina, Canada, Cayman Islands, Chile, Costa Rica, Curacao, Dominican Republic, Georgia, India, Jordan, Malaysia, Mexico, Montenegro, Morocco, Oman, Panama, Peru, Philippines, Qatar, Serbia, Singapore, St.
- 2:59SPEAKER_00: Martin, South Korea, Taiwan, Thailand, Turkey, Turks and Caicos, and United Arab Emirates.
- 3:06SPEAKER_00: U.S.
- 3:06SPEAKER_00: investor residency programs are U.S.
- 3:08SPEAKER_00: EB5, Immigrant Investor Program Investment from$800,000, and U.S.
- 3:14SPEAKER_00: Trump Gold Card, which is planned.
- 3:17SPEAKER_00: Investment is$5 million.
- 3:19SPEAKER_00: Canada's permanent residency allows individuals to live, work, and study in Canada, while also granting visa-free or visa-on-arrival access to various destinations worldwide.
- 3:30SPEAKER_00: Residency mobility benefits are access to destinations in the Americas, Caribbean, Asia, and Europe, and visa-free or visa-on-arrival entry to over 30 destinations beyond North America.
- 3:43SPEAKER_00: Visa-free on arrival destinations with Canada, permanent residency are Anguilla, Aruba, Bahamas, Belize, Bermuda, Bonaire, British Virgin Islands, Cayman Islands, Costa Rica, Cuba, Curacao, Dominican Republic, El Salvador, Georgia, Guatemala, Honduras, Jamaica, Kosovo, Mexico, Nicaragua, Panama, Peru, Qatar, Saba, St.
- 4:09SPEAKER_00: Pierre and Miquelon, Singapore, St.
- 4:12SPEAKER_00: Eustatius, St.
- 4:13SPEAKER_00: Martin, South Korea, Taiwan, Turks, and Caicos Islands.
- 4:18SPEAKER_00: Canada investor residency programs are Quebec Investor Visa, investment from$1.2 million, and startup visa program with no minimum investment.
- 4:29SPEAKER_00: Residency programs in the Middle East are ideal for those seeking access to Gulf countries and many other destinations in the broader Middle East, Asia, and Africa.
- 4:39SPEAKER_00: Residency in the UAE, including the Golden Visa Program, provides visa-free or visa-on-arrival access to various destinations across the region and beyond.
- 4:49SPEAKER_00: Residency mobility benefits are unlimited travel across GCC countries, and visa-free or visa-on-arrival entry to 20 destinations beyond the GCC.
- 5:00SPEAKER_00: Visa-free on arrival destinations with UAE residency are Armenia, Azerbaijan, Georgia, Indonesia, Japan, Jordan, Kyrgyzstan, Malaysia, Maldives, Mauritius, Montenegro, Morocco, Nepal, Philippines, Serbia, Seychelles, Singapore, Sri Lanka, Tanzania, and Thailand.
- 5:21SPEAKER_00: UAE Golden Visa Investment from 500,000 Emirati Durhams.
- 5:27SPEAKER_00: Saudi Arabia's Premium Residency Program, also known as the Saudi Green Card, provides residency with visa-free or visa-on-arrival access to a range of countries across the Middle East, Asia, Africa, and beyond.
- 5:40SPEAKER_00: Residency mobility benefits are unlimited travel across GCC countries, and visa-free or visa-on-arrival entry to nearly 60 global destinations.
- 5:51SPEAKER_00: Visa-free on arrival destinations with Saudi residency are Albania, Angola, Bahrain, Barbados, Belarus, Bosnia and Herzegovina, Botswana, Cook Islands, Dominica, Ecuador, Egypt, El Salvador, Gambia, Georgia, Guatemala, Haiti, Honduras, Hong Kong, Iran, Jordan, Kazakhstan, Kenya, Kiribati, Kosovo, Kuwait, Kyrgyzstan, Lebanon, Malaysia, Mauritius, Micronesia, Morocco, Mozambique, New Zealand, Nicaragua, Niwa, Oman, Palestine, Panama, Philippines, Qatar, Samoa, Seychelles, Singapore, South Africa, South Korea, St.
- 6:32SPEAKER_00: Kitts and Nevis, St.
- 6:34SPEAKER_00: Vincent and the Grenadines, Suriname, Tajikistan, Thailand, Tunisia, Turks and Caicos Islands, Turkey, Ukraine, United Arab Emirates, United Kingdom, Uzbekistan, Vanuatu, Zambia.
- 6:46SPEAKER_00: Saudi Premium Residency, or Saudi Green Card, investment from 800,000 Saudi reales for permanent residency or 100,000 Saudi reales annually for renewable residency.
- 6:59SPEAKER_00: Qatar's permanent residency program offers visa-free or visa-on-arrival access to destinations across the Middle East, Asia, Africa, and even Latin America and the Pacific.
- 7:11SPEAKER_00: Residency mobility benefits are unlimited travel across the Gulf Cooperation Council, or GCC, region, and visa-free or visa-on-arrival entry to over 25 global destinations.
- 7:24SPEAKER_00: Visa-free on arrival destinations with Qatari residency are Brazil, Dominica, Ecuador, Ethiopia, Indonesia, Jordan, Kenya, Kuwait, Laos, Malaysia, Maldives, Mauritius, Morocco, Nepal, Oman, Palau, Samoa, Serbia, Seychelles, Singapore, Sri Lanka, Thailand, Tunisia, Turkey, Ukraine.
- 7:47SPEAKER_00: Qatar residence visa for real estate owners, investment from 730,000 Qatari real.
- 7:54SPEAKER_00: The UK had scrapped its popular investor visa program at the onset of the Russian invasion of Ukraine, but may soon introduce a new investor residence permit.
- 8:03SPEAKER_00: UK permanent residency, indefinite leave to remain, grants visa-free or visa-on-arrival access to numerous countries worldwide.
- 8:12SPEAKER_00: Residency mobility benefits are access to destinations in Europe, the Caribbean, and the Asia Pacific, and visa-free or visa-on-arrival entry to over 20 global destinations.
- 8:24SPEAKER_00: Visa-free on arrival destinations with UK residency are Albania, Anguilla, Aruba, Australia, Bahrain, Canada, Curacao, Dominican Republic, Fiji, Georgia, Gibraltar, Indonesia, Jamaica, Kenya, Malaysia, Maldives, Montenegro, North Macedonia, Panama, Seychelles, Sri Lanka, St.
- 8:46SPEAKER_00: Martin, and Taiwan.
- 8:47SPEAKER_00: Residency is more than just a travel pass, though.
- 8:50SPEAKER_00: Many programs, like those in the EU, Canada, and the U.S., offer a clear path to citizenship, unlocking even greater benefits.
- 8:59SPEAKER_00: Those in the GCC emphasize flexibility and minimal taxes, but rarely, if ever, lead to citizenship.
- 9:06SPEAKER_00: Taxation is a critical consideration.
- 9:08SPEAKER_00: Unlike the GCC, establishing tax residency in Europe or the U.S.
- 9:13SPEAKER_00: often comes with high tax obligations, which necessitates careful planning.
- 9:17SPEAKER_00: Ultimately, residency is just one component of a broader strategy that should align with an individual's mobility aspirations and financial goals.
- 9:28SPEAKER_00: This episode first appeared as an article by Mustafa Daily on imidaly.com.
- 9:34SPEAKER_00: Subscribe for free to the IMI newsletter for breaking news and updates from the investment migration industry, and upgrade your membership to IMI Pro to get access to our exclusive professional community, citizenship catalog, investment migration company Rolodex, private briefings, and more members only content.