Residency by Investment

Obtaining a residency permit entails completing particular criteria, gathering required documentation, compiling necessary documents, and submitting an application. The process typically takes one month to a year.

1. Consult a Migration Lawyer or Agent:
   While applications can be submitted directly, migration lawyers and consulting firms provide experience and support to ensure a smoother process and excellent success rates. They provide support throughout the application process, including preliminary due diligence to determine the likelihood of obtaining the desired residency.
2. Prepare Required Document: The documents required vary according to the country and type of residency desired; they commonly include a valid passport, a clean criminal record certificate, birth, and marriage certificates, evidence of money, a CV, and health insurance.
3. Submitting the Residency Application: Applications are submitted to the Migration Service, which can request the applicant’s presence or an attorney’s proxy. Some countries provide online applications via government portals.
4. Passing Due Diligence: The results of this extensive check finally determine the approval of the residence permit application. This check guarantees that the applicant satisfies all of the eligibility requirements, checks the legality of their funds, and confirms that they do not have any criminal records.
5. Receiving a residence permit card: Upon completing the due diligence process and approval, the candidate must provide fingerprints and pictures. Two to four weeks later, the residence permit card is issued and can be collected in person or mailed.
6. Residency Renewal: Residence permits must be renewed every one to ten years to confirm ongoing regulations. This renewal process requires the submission of documentation and fingerprints once again. Additionally, several countries and types of permits demand proof that the individual is a country resident.