WHEN IS THE BEST TIME TO IMMIGRATE FOR YOU AND YOUR FAMILY?
“The best time to immigrate was 3 years ago, the second-best time to immigrate is now.” The Covid-19 pandemic has been affecting most of the activities of many countries around the world. However, the world will not stop, the countries will not close forever. With the latest policy updates from other countries, it can be said that the best time to immigrate is NOW. Let’s take a look at some reasons to believe that NOW is the best time for immigration.
Immigration policy is more open than before – The best time to immigrate
Despite the Covid 19 pandemic, many countries are implementing open immigration policies to attract immigrants and recover their economies after the pandemic.
In March last year, amid the ominous happening of the Covid pandemic. Canada decided to approve the 2020-2022 immigration plan, with a total of 1 million immigrants welcomed. Specifically, Canada will accept 341,000; 351,000; and 361,000 people respectively for the years from 2020 to 2022. In addition, in recent months, scores of Express Entry and Canada Experience Class programs are at record lows, which shows that Canada is trying to take in as many immigrants as possible.
Australia’s Department of Home Affairs has agreed to issue 13,500 visas to foreign business people. This is double the number in 2020, confirming that the Australian government continues to want to attract valuable investments and create jobs for workers. In addition, due to the impact of COVID-19, the Australian Department of Immigration allows people who have extended their 188A visa once to apply for an extension again if they still do not meet the conditions for converting to a permanent visa. Thus, the total maximum period of holding a 188A visa has been increased from 6 years to 8 years.
Many countries plan to open their economies
Many countries are getting closer to herd community, and expect to open their economies at the earliest.
Malta is the first European country to achieve herd immunity. This European Island nation has 70% of its population vaccinated with at least one dose of the Covid-19 vaccine. On June 8th, Malta recorded no new cases of Covid, the first time in 11 months.
Meanwhile, the Covid-19 pandemic has passed in Norway, according to medical expert Preben Aavitsland – who led the covid response campaign in this wealthy Scandinavian country. With a declining rate of cases and deaths and a successful vaccination campaign. Norway is the first country to claim to have stamped out the Covid-19 pandemic.
Across the Atlantic, the US has allowed people who have had two doses to completely remove their masks. New guidance from the US Centers for Disease Control and Prevention (CDC) shows that fully vaccinated people can freely move domestically or internationally without needing to be quarantined or tested upon return. As noted, life in the US is slowly returning to normal, as people working remotely have started returning to the office, and restaurants have allowed more people to have their meal inside. Currently, 34 states are fully open and 16 states are in the process of easing restrictions.
European real estate is eventful again
Portugal has seen significant growth in all sectors of real estate through foreign investment across all markets, from large institutional investors to high-net-worth individuals, including golden visa applicants. According to the ranking of the Golden Visa (Golden Visa) 2021, Portugal is the most reliable investment destination.
In Greece, investors can buy real estate priced at 250,000 EUR or above. While Cyprus currently has a permanent residency program with a minimum investment of 300,000 EUR. According to the Central Bank of Cyprus (CBC), house prices in the first quarter of 2021 continued their upward trend of 0.9%, despite the market uncertainty caused by the pandemic. This shows that investors are considering real estate as a good investment and expecting that the pandemic will soon be controlled in the near future.
Simplified procedures and low competition – The best time to immigrate
Due to the impact of the pandemic, governments in many countries have offered a number of incentives for investment and business activities, through support systems and record low tax rates. The registration, procedures, records in 6-8 months are not affected by the epidemic but are also easier to do. It can be said that this is the best time to invest in Europe.
By taking this advantage at this time, immigrant investors have the opportunity to own a permanent resident card quickly, with a much lower fee, simple legal procedures, and an approval rate that exceeds expectations compared to the time before the pandemic.
Guaranteed benefits, open job opportunities
Becoming a citizen of one of the European Union brings many benefits that are difficult to measure in money. Specifically, you can live, study and work in 27 countries of the European Union; freedom of movement within the Schengen area. In addition, you can also enjoy full medical – social security services, …
In many countries with immigrant-dependent economies such as Spain, Italy, Canada, etc. These countries are more welcoming to immigrants than ever before, as immigrants will support job creation in different ways and will help to fill the newly created jobs. The Government of Canada has confirmed that immigration will continue to be a top priority in the coming period.
For the above reasons, investors need to embrace the opportunity to immigrate NOW. Positive developments around the world show that the best time to immigrate is NOW.
Portico & Bridge – The leading immigration consultant from Europe, will be the place to help you realize your dream of immigration for you and your family. At Portico & Bridge, “Your Children, We Care.”