EUROPEAN UNION – THE LAND OF PROSPERITY
The European Union is one of the largest economic and political organizations in the world. The European Union has enjoyed peace, stability and prosperity for more than half a century. It is the economic region of the world and an exporter of goods and services. Besides, it is also the largest import market of more than 100 countries.
European Union (EU)
The European Union is abbreviated as EU (European Union). The EU is an economic and political union of European member states. The European Union was established by the Treaty of Maastricht on 1 November 1993 based on the European Community (EC).
– Population: more than 500 million people (2020)
– Currency: Euro
– Number of member countries: 27 countries
EU member states include Belgium, Germany, Netherlands, Luxembourg, France, Italy, Denmark, Ireland, Greece, Portugal, Spain, Austria, Finland, Sweden, Poland, Estonia, Hungary, Latvia, Lithuania, Malta, Czech, Cyprus, Slovakia, Slovenia, Bulgaria, Romania, Croatia.
The countries of the European Union are the countries that investors are always looking for and heading to this market thanks to the favorable geographical conditions and outstanding economic development as well as the policies on education and health here.
Differentiating the European Union from other organizations
The Schengen Area is an area consisting of 26 European countries that have signed agreements on freedom of movement. If citizens are nationals of one of the countries in the bloc, they will be exempted from visas and can travel freely within the bloc.
Citizens from other countries when visiting the Schengen area can apply for a Schengen Visa. The Schengen short-stay visa allows a stay of up to 90 days in a period of 6 months.
The Commonwealth is an intergovernmental organization of 53 countries that were once a British territory. Including 3 European countries such as the United Kingdom, Cyprus and Malta.
The Commonwealth operates by the intergovernmental consensus of its member states. With the mission of creating cooperation between the Commonwealth and other organizations. In addition, assisting member states to improve the welfare of their citizens and promote the common good.
Eurozone with the aim of unifying the monetary system among EU countries. It is an economic and monetary union that promotes exports between countries. The Euro is managed by a central bank called the European Central Bank.
Benefits of settling in EU countries
The European Union brings many great benefits to its member states along with the developed economy and the best support policies.
Freedom to travel and work
One of the privileges of EU citizens is freedom of movement. Possessing EU citizenship means that the investor owns the right to live, work and freely travel anywhere in the 27 European Union countries.
Top medical care
Healthcare is always the top concern of international investors. When becoming an EU citizen, investors are assured of the health system here. All EU citizens will receive optimal healthcare and completely free health insurance.
Preferential education policy
Another privilege that many investors are interested in is the educational environment for their children. Here, learning is almost completely free, only paying a small fee to maintain the facilities. In particular, the quality of training in Europe is extremely good and deeply applied in practice. Study programs in Europe always come with extra-curricular activities and necessary skills.
In European Union countries, from primary school to high school, schools implement a tuition fee waiver policy. For university students, the tuition fee will be much lower than that of international students.
Just being a citizen of EU countries, investors will receive protection rights from the consulates of the countries.
In addition to the above privileges, investors can also:
– Visa-free travel to more than 158 countries around the world
– Possession of dual citizenship;
– Receive equal rights as citizens of other countries.
The EU operates on a single market economy. The EU allows most goods, services and people to move freely. It is the largest trading bloc in the world and the largest exporter of goods and services to more than 100 countries.
European Union with attractive benefits and the most modern living environment. The European Union will be a must-see destination for international investors.
Portico & Bridge is a leading European immigration consulting group, with more than 35 years of experience and a team of more than 50 professionals worldwide. For more information about the program, please contact Portico & Bridge for detailed support.
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