The past 2020 was an extraordinary year. The new crown epidemic has spread across the world, the US election and internal tears, the industry of immigration and study abroad has been more or less impacted and affected to varying degrees. The immigration policies of major immigrant countries are also mixed. With the new crown epidemic damaging the global economic structure, many high net worth individuals have awakened. Whether it is the overseas allocation of assets, the global planning of wealth, or even the customization of a second identity, they have to choose one more option for themselves or their family members.
Under the influence of the epidemic and political factors, some previous mainstream projects have either stalled, changed policies, or closed down, such as the closure of Cyprus naturalization, suspension of interviews for American immigrants, and political change of Spanish home buyers, etc… But even in this special case Under the circumstances, the number of immigrants is still not a minority, and the tide of immigrants has never stopped.
There are so many things in 2020, and the brand-new 2021 is naturally entrusted with more expectations… Next, let us in this issue of [Feature], through the portraits of some overseas market investors, to understand the key investment projects of 2021.
Changes in traditional immigration policies
1. The start of the Canadian Million Immigration Program will trigger a new flow of international immigrants
As a traditional immigrant country, Canada has always been highly tolerant and open to immigrants, and has been attracting immigrants from the world with its advantages such as high welfare and multiculturalism. In 2021, as the first year of the Canadian Million Immigration Program, with the start of the Canadian immigration golden period quota, more immigration applicants will regard Canada as the preferred destination country, which will trigger a new flow of international immigration.
During the epidemic, both citizens and immigrants in Canada will enjoy Canadian subsidies as always. Canadians who are unemployed or whose income is reduced due to the epidemic can also receive a monthly subsidy of $2,000. In April 2020, Prime Minister Trudeau announced that all companies whose income has fallen by 30% due to the new crown epidemic can receive 75% of workers’ wage subsidies for up to 3 months. More importantly, Canada has vigorously relaxed its immigration quota. From the original welcome to introduce 1 million immigrants in three years, it jumped directly to the introduction of 1.23 million immigrants in the next three years, an increase of as much as 23%. Only at critical moments can we truly feel whether a country loves immigrants or shows off!
2. The new US president comes to power, and the EB-5 immigration policy may be actively changing
In 2021, the Democratic Party will control both the Senate and the House of Representatives, clearing the way for the newly elected President, Democrat Biden, to promote a series of immigration reform issues. Previously, Biden’s campaign platform proposed a series of immigration policies such as relaxing immigration restrictions, protecting immigration rights, welcoming international students to continue to study in the United States, and increasing the number of employment-based green cards issued each year, especially reforms that favor EB-5 investment immigration. The plan is to cancel the country visa quota restrictions, the immigrant visas of spouses and children will not be counted in the visa quota, and the temporary non-immigrant visas are allowed to enter the United States before obtaining the immigrant visas, etc., or it may eventually land. With the need for economic recovery after the epidemic, the US immigration policy may be more open, and the EB-5 immigration program will gradually heat up.
3. Technicalization of Australian business immigration
Australian immigration is showing an increasingly tightening trend. The first is to greatly increase the 188 types of immigrants that Chinese people are keen on. The asset requirement has been increased from 800,000 Australian dollars to 1.25 million Australian dollars, and the turnover has increased from 500,000 Australian dollars to 750,000 Australian dollars. The popular Australian one-step 132 visa will also be closed to new applicants from July 1 next year. In addition, the overall Australian immigration program will be simplified into four visa streams. The changes in different visas and the planned distribution of the government will still mean that the number of places in the entire business and investment visa program will double from 6,862 in 2019-2020 to 13,500 in 2020-2021. In the past two or three years, earth-shaking changes have taken place in the Australian immigration circle, and many policies have been tightened step by step! Australian immigrants are gradually compressing the space for business immigration and moving closer to skilled immigrants. If it is not for those with particularly good conditions, business immigration applications are also difficult, and the number of Australian immigrants will decrease year by year.
4. After Brexit, citizens of EU countries need to apply for visas to work and settle in the UK, making British immigrants attractive not only to non-EU countries, but also to EU countries, and with the British immigration points system in January Effective on the 1st, many types of British visas will welcome major changes. In addition, China and the European Union reached a China-EU Investment Agreement at the end of 2020. The two sides lifted investment restrictions and opened up the market, such as introducing policies that allow investment-related personnel to enter and reside. Coupled with the European Union’s many advantages as the world’s third largest economy, diversified culture and wonderful life, the attractiveness of EU countries will remain strong. In 2021, after the immigration policies of EU countries are adjusted, the immigration pattern will be reshuffled.
Portrait Analysis of Investors in Emerging Immigration Countries
The global economy is in crisis, and many investors are more cautious in choosing countries and projects for overseas investment. But the opportunity waits for no one, and identity planning is urgent! The following is a portrait of the overseas investor population in 2020 compiled by industry data. Investors who want to do identity planning may wish to refer to it.
Portraits of Irish Investors
Ireland is one of the six traditional English-speaking countries. After Brexit, it is the only English-speaking country in the EU, and it is also the only EU country that does not require a passport to enter the UK after Brexit. Because of the historical relationship with the United Kingdom, education is also traditional British education. Ireland’s higher education rate ranks first in Europe, and the Irish government invests more than 802 million in Irish higher education each year. The main attraction is to advance children’s education. Planning parents.
1. Number and age distribution of children in the family
98% of families investing in Ireland are for their children’s education, and families with 1-2 children account for nearly 80%, and their children are younger, with children aged 7-12 accounting for the highest proportion.
2. Distribution of long-term residences of Irish investors
In addition to the traditional Beijing, Shanghai and Guangzhou, the region with the highest proportion of investment in Ireland is Hong Kong, China, which is positively related to Hong Kong’s overall educational resources and pressure for further studies. Also on the list is the populous province of Shandong. The reason is still related to the education of the children. Therefore, capable parents have planned the education path for their children very early.
Portraits of Greek Investors
In the global battle against the epidemic, Greece has adopted a series of anti-epidemic measures. In view of the impact of force majeure, the investment process of the Greek Golden Residence Permit has been simplified again. Applicants and their families can be represented by lawyers without landing in Greece. Submit to get blue paper.
Article 155 stipulates that third-country nationals who are eligible to apply for a permanent residence permit (RP) as a Greek real estate owner have the right to not land in Greece if they fully comply with the regulations and meet the requirements of Article 20B of L.4251/2014 Under the circumstances, submit an RP application.
1) Applicants can sign the POA at the embassy and consulate, and entrust a lawyer to submit it on their behalf. You can get the blue paper without logging in to Greece.
2) Applicants need to log in to Greece to register their fingerprints within 12 months from the date of submission.
Article 156 provides for the extension of the validity period of certain permanent residence permits and blue papers that expire in 2020 or will expire in 2021. The following is the latest notice regarding the extension of residence permit and blue paper:
1) The residence permit and blue paper expired from January 1, 2020 to July 31, 2020, the validity period is extended to March 31, 2021;
2) The residence permit and blue paper expired from August 1, 2020 to March 31, 2021, will be automatically extended for 8 months.
1. Age distribution of Greek investors
On the whole, the Greek customer base is still dominated by middle-aged and young people, and there is a gradual younger trend.
2. Family composition of Greek investors
Families with only one child accounted for 50%, and families with two children accounted for 35%. This shows that families are the mainstream group in Greece. 71% of children are younger than 11 years old, and they are mainly young children, from pre-kindergarten to elementary school. Families who choose the Greek project mainly consider that the younger their children are, the better they can apply for school admission, so that they can integrate into society better and faster.
3. Industry distribution of Greek investors
Greek transaction investors mainly come from the service industry, trading industry, manufacturing industry and financial industry. The service industry accounted for 18%, the trade industry accounted for 15%, the manufacturing industry accounted for 11%, and the financial industry accounted for 9%.
Portrait of Portuguese fund investors
With its multiple advantages of low investment threshold, regulatory safety, and risk diversification, it has attracted many investors.
1. Analysis of the proportion of Portuguese investors by age group
The age span of investors ranges from 1960 to 2000, with ages ranging from 21 to 61; middle-aged people born in the 70s and 80s are still the main investor group, with an age range of 41-51 years old; investors are becoming younger year-on-year.
2. Location of Portuguese investor’s usual residence
Investors’ habitual residence is mainly concentrated in the Yangtze River Delta region, accounting for nearly 50% of the total market; in the northern market, Beijing is the main investor group. Taken together, the distribution of sources of permanent residence is 47% in East China, 29% in North China, and 24% in South China.
3. Proportion of Portuguese investors’ industries
They are engaged in a wide range of industries, with the majority of practitioners in the financial, investment, and real estate industries still in the majority, and investors engaged in trade, internet, and medical industries have increased.
Portrait of the investment crowd in the Malta project
The Malta project provides investors with a superior investment environment, creates favorable conditions for enterprise development, and becomes the “one choice” in the eyes of investors!
1. Main geographical distribution of Maltese investors
2. Industry distribution of Malta investors
Malta is an EU country, with other EU countries behind it; it is a Schengen country with other Schengen countries behind it, and there is no boundary between each other; Malta is the Commonwealth, except for the United Kingdom, Canada, Australia, New Zealand, etc., including Malta is a member of the Commonwealth.
3. Annual salary of investors in Malta
From the perspective of the annual salary of investors in Malta, investors with an annual income of 300,000 to 600,000 accounted for 49%, and those with an annual income of less than 300,000 accounted for 19%. It can be seen that most of the investors in Malta are in middle-class families.
Portraits of Turkish Investors
Turkey’s immigration policy can be described as “close to the people” compared with other major countries. It not only requires low requirements, short processing time, and simple procedures, it is also very “cheap” compared to other immigration countries, and the price is very high. Turkey’s real estate sales in 2020 will continue to grow, and the huge appreciation potential has attracted a large number of Chinese investors.
1. The age distribution ratio of investing in Turkey
The proportion of investors between 30-50 years old is as high as 70%. In addition, Turkey’s population structure is also very young. It is the country with the largest young population among all European countries, and the demand for real estate by young people is also stronger.
2. Proportion of permanent residence of Turkish investors
Investors who live in Fujian, Beijing and Guangdong occupy the top three positions. It is worth noting that some investors who live in Southeast Asia and are not religious countries are also keen to handle Turkish projects.
3. Analysis of Turkish investor industry share
Investors engaged in trade, real estate and financial industries rank among the top three; Istanbul, Turkey, spans the Eurasian continent and is an important data between Asia and Europe. Trade exchanges are prosperous, so it is favored by businessmen. Real estate practitioners are optimistic about the future direction of Istanbul’s real estate market, so they come to make arrangements in advance.
The pandemic has given rise to many investors’ new demands for safety and security, and their awareness of risk aversion has been awakened. According to relevant data, the global wealthy’s demand for a second identity has skyrocketed during the response to the new crown epidemic. With the advent of the post-epidemic era, the configuration of identity will be transformed from the former luxury goods to the current necessities, becoming a must for investors to hedging investments. In 2021, more high-net-worth individuals will consider the PlanB plan for life due to factors such as travel, health and safety, and the second status plan will also become a new choice for a safe haven for families.