EUROPEAN UNION WITH GLOBAL BENEFITS FOR INVESTORS
European Union is one of the largest economic and political organizations in the world, and has achieved peace, stability and prosperity for more than half a century. It is the regional economy of the world and an exporter of goods and services. Besides, it is also the largest import market of more than 100 countries.
The European Union, which is abbreviated as the EU, is an economic and political union consisting of the member states of Europe. The EU 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
The EU countries are: 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 EU countries are the markets that investors are always looking for and heading to because of favorable geographical conditions, outstanding economic development, and the policies on education and healthcare as well.
Benefits of settlement by investment in EU countries
The EU Union brings many great benefits to the member states. Besides the developed economy and the best supportive 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 travel freely anywhere in the 27 European Union countries.
Top medical care
Healthcare is always the top concern of international investors. They are assured of the health system when becoming an EU citizen. Here, all EU citizens have access to optimal healthcare and are 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, and there is only payment for maintaining facilities. Particularly, 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 system implements a tuition fee waiver policy. For university students, the tuition fee will be much lower than that of international students.
The investor will receive protection from the consulates of the countries when being a citizen of an EU country.
In addition to the above privileges, investors can also:
- Travel to more than 158 countries around the world with visa-free;
- Possession of dual citizenship;
- Receive equal rights as citizens of other countries.
The EU operates on a single market economy. It allows most goods, services and its citizens are in freedom of movement. It is the largest trading bloc in the world and the largest exporter of goods and services to more than 100 countries.
Distinguishing the EU from other organizations – European Union
The Schengen Area is an area consisting of 26 European countries that have signed agreements on freedom of movement. If a citizen is a national 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 entering the Schengen area can apply for a Schengen Visa. The Schengen short-term visa allows for 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, it is assisting member states to improve the welfare of their citizens and promote the common good.
Eurozone is an economic and monetary union that promotes exports between countries with the aim of unifying the monetary system among EU countries. The Euro is managed by a central bank called the European Central Bank.
More specifically, Malta is the only country in the four organizations of the European Union (EU), the Schengen Area, the Commonwealth and the Eurozone.
Possessing a Maltese permanent resident card or Maltese citizenship offers huge benefits. Besides working around the world and the opportunity to enjoy higher education and healthcare for the whole family. Malta has become the most livable place in Europe thanks to its favorable geographical conditions as well as its outstanding economic development.
CONCLUSION – European Union
The EU with attractive benefits and the most modern living environment. This place will be a destination not to be missed for international investors.
Portico & Bridge is a leading European immigration and settlement consulting group with more than 35 years of experience and a team of more than 50 reputable experts worldwide. Please kindly contact us for full support and more information about the program.
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