SCHENGEN AREA – ALLOW FREE MOVEMENT
Europe is the most desirable and worthy place on the planet. Once you have chosen Europe, it is impossible to ignore the Schengen area. The name Schengen is taken from the name of a town in Luxembourg, where the treaty was signed in 1985. Accordingly, the participating countries agreed to jointly expand their borders by allowing free movement between countries, remove rigidities in border control, and create favorable conditions for citizens to move between territories.
What is the Schengen Area?
The Schengen area so far includes 26 countries that have signed an agreement on the free movement of citizens in the region. Which includes Malta, Portugal, Austria, Belgium, Switzerland, Czech Republic, Germany, Denmark, Estonia, Finland, France, Greece, Hungary, Iceland, Italy, Lithuania, Luxembourg, Latvia, Lithuania, Netherlands Lan, Norway, Poland, Spain, Sweden, Slovenia, and Slovakia.
The Schengen Area comprises:
- Area: 4.3 million square meters
- Population: more than 400 million people
The economy of the Schengen countries is measured by GDP: $15 trillion. The Schengen area’s economy is larger than the economies of Canada, India, Brazil, South Korea, Mexico, and Australia combined. The Schengen area is considered a large market and creates many opportunities for investors.
Malta and Portugal are two of the countries that investors are always looking for and heading towards this market. Because of favorable geographical conditions as well as outstanding economic development or policies on education and health here.
What is the difference between the Schengen Area and the Other Unions
The Schengen Area has agreements on travel between the countries of the Schengen Area. The other Union is just an alliance of economies to share common resources to promote economic development between countries.
Above all, in the Schengen area, it is possible to support the member countries in terms of measures to exchange information as well as the number of goods easily.
In other words, the Schengen area can be compared to a large country based on general rules such as:
- Freedom of movement
- There are no internal borders between countries
- Strengthening the common justice system
- Police cooperation
What is a Schengen Visa?
A Schengen visa is a type of visa that allows you to enter and freely travel, as well as stay between the member countries of the Schengen area for up to 90 days. It can be said that the Schengen Visa is one of the most powerful and wide-ranging visas in the world.
Malta is also one of the European countries that grant citizenship through investment, making it the ideal place to get a Schengen visa and passport easier and more convenient.
Benefits of being a Schengen citizen
As a citizen of the Schengen, investors can consider this as the most powerful and convenient ticket to travel around Europe, including 26 member countries.
The Schengen Area is essentially made up of 26 European countries that have come together to abolish passports and border controls. The zone operates as a single country, i.e. once investors enter one Schengen country, investors can enter the rest of the countries as well.
Above all, as a citizen in Malta, investors can live and work in the UK, Germany, and the Netherlands. More conveniently, when Maltese citizens need to apply for a visa in the US or Canada. The risks are reduced and the possibility of approval in this country is also increased.
The Schengen Area is a suitable and worthwhile investment area for investors who want to settle in Europe.
With the benefits mentioned above, when becoming a citizen of the Schengen area, investors get favorable conditions for cross-border business exchange. Families can live and move freely in European countries and enjoy educational and medical benefits.
For more information about the investment immigration programs, please contact Portico & Bridge for detailed support. Our team of more than 50 professionals worldwide is happy to assist you. Call us now at 0909.898.758
At Portico & Bridge, “Your Children, We Care”