Introduction

In a world reeling from the effects of the global economic crisis and widespread bank failures, investors and individuals seeking alternative citizenship options face unprecedented challenges. The banking crisis, characterized by financial distress and an inability to meet obligations to depositors and investors, has sent shockwaves through the financial landscape. With far-reaching consequences for individuals, businesses, and governments, it is more important than ever to understand and adapt to the changing environment.

In our recent Smart Citizenship webinar, our panel of experts explored the impact of the banking crisis on investments and the citizenship by investment market. You can watch it from our homepage or Youtube. Drawing on their wealth of knowledge and experience, they provided valuable insights and practical advice to help individuals navigate these turbulent times. This article delves into the key takeaways from the webinar, discussing the scale and impact of the banking crisis, strategies for mitigating potential risks, and ways to protect your investments and secure your financial future.

Invest in Greek Golden Visa

Investment migration has become an increasingly popular option for those seeking to secure their future and make smart investment choices. One such option is the Greek Golden Visa, a program that allows investors to obtain a residence permit in Greece. The program has become increasingly popular in recent years, especially in light of the imminent closure of the Portuguese Golden Visa program.

The Greek Golden Visa offers a number of benefits to investors, including mobility, access to the Schengen zone, and a plan B in the event of relocation. Investors are able to live in Greece for up to a year, while also being able to access up to 90 days in other Schengen countries. This is an attractive option for those from countries with weaker passports, as it allows them access to multiple countries without the need for a visa.

In comparison to the Portuguese Golden Visa, the Greek Golden Visa requires a lower investment of 250k to 500k euros. Additionally, the Greek Golden Visa offers access to the Schengen zone and is an attractive option for investors from countries with weaker passports, as it allows them access to multiple countries without the need for a visa.

Overall, the Greek Golden Visa is a great option for investors looking for a plan B in the event of relocation, mobility, and for access to the Schengen zone. Additionally, its lower investment requirement makes it a viable option for those looking to make a smart investment choice.

Invest in real estate for a golden visa

The Greek Golden Visa requires an investment of 250,000 euros in real estate. This is a relatively low amount compared to other investment migration programs, and it is possible to purchase a property in central Athens for this amount. Furthermore, the processing time for this program is much faster than other programs, with most applications being approved within two to three months. This makes it an excellent option for those looking to gain access to the Schengen area quickly.

However, it is important to note that the Greek Golden Visa is not a citizenship program. Despite this, it still offers many benefits, such as access to multiple countries without a visa. Additionally, the cost of the program is much lower than other programs, making it a great option for those looking to make a smart investment choice.

It is important to note that the Greek government is planning to increase the investment requirements to 500,000 euros in some areas by the end of July. This means that those looking to purchase real estate in central Athens will need to act quickly in order to take advantage of the lower investment requirement. Additionally, it is possible that the real estate prices in the areas that qualify for the program could increase due to the influx of investors.

Overall, the Greek Golden Visa is a great option for those looking to invest in real estate for visa purposes. It offers a relatively low investment requirement and fast processing times, making it a great choice for those looking for a plan B. Additionally, it offers access to multiple countries without the need for a visa, making it a great choice for those from countries with weaker passports. However, it is important to note that the investment requirements could increase in the near future, so those looking to take advantage of the lower investment requirement should act quickly.

Invest in energy, agriculture, and the medical industry.

Beyond the Greek Golden Visa, it is important to consider investing in energy, agriculture, and the medical industry. Investing in energy is a great option for those looking to diversify their portfolio and benefit from the long-term growth of the energy sector. Additionally, investing in agriculture can provide a steady stream of income and is a great way to diversify one’s portfolio. Finally, investing in the medical industry is a great way to benefit from the long-term growth of the medical sector and can provide a steady stream of income. 

Overall, it is important to consider all of the options available when looking to invest for visa purposes. The Greek Golden Visa real estate route is a great option for those looking for a plan B, but it is important to consider investing in energy, agriculture, and the medical industry as well. These investments can provide a steady stream of income and can help diversify one’s portfolio. Therefore, it is important to consider all of the options available and make an informed decision about which option is best for one’s individual needs.

Protect yourself with residency.

When considering residency, it is important to consider the family dynamic. For example, the Greek program goes to both the main investor and their parents, so if you have a large family, the Greek program may be the best option. Additionally, it is important to consider the passport that one currently has. If the passport does not provide much mobility, it is important to consider a Caribbean passport. This passport can provide access to the USA visa, as well as provide a banking angle. 

It is also important to consider opening a company in the country of residence. This can provide an extra layer of protection, as well as provide an additional face for your business. This can be especially important for those who come from countries that are under political or economic fire. Having a second passport can provide an additional layer of protection. Additionally, it is important to open a bank account in the country of residence, as this can provide access to the European banking system.

In conclusion, it is important to consider all of the options available when looking to invest for residency or citizenship purposes. 

Research before investing

Investing in real estate for visa purposes can be a great way to gain access to the European banking system. However, it is important to research thoroughly before making any decisions. This includes analyzing the family dynamic, and the current passport, after which it is recommended to open a company and bank account in the country you have relocated to. Additionally, it is important to be wary of offers that seem too good to be true. As Ahmet stated, “If an offer is too good to be true, then it isn’t true.” It is important to interview multiple consultants and ask for sources if something is contradicting one’s own research.

Ahmet also shared some success stories of his clients who have successfully pursued an investment migration option with his assistance. He shared stories of Russian clients who purchased real estate in Turkey before the currency crash and “almost doubled their money in dollar terms.” This is a testament to the importance of researching before investing.

In conclusion, it is important to research thoroughly before investing in real estate for visa purposes. This includes analyzing the family dynamic, and the current passport before choosing an option, and later opening a company in the new country of residence. Additionally, it is important to be wary of offers that seem too good to be true to avoid being scammed. Doing so can help ensure that one is making an informed decision and can help prevent being taken advantage of.

Investing in Turkey before the elections.

With the upcoming elections in Turkey, it is important for potential investors to consider the potential risks and rewards of investing in Turkey before the election. The current government has been friendly to foreign investors, providing a number of incentives and programs to help them succeed. However, the opposition party has indicated that it would place a ban on foreign purchases of real estate, which could lead to a drop in real estate prices.

Additionally, the banking system in Turkey could become more difficult for Russians in the coming months, as some banks have already stopped accepting transfers from Russia.

In order to make an informed decision, potential investors should do their research and weigh all their options. Doing so can help ensure that one is making an informed decision and can help prevent being taken advantage of. 

Protect your investments.

Ahmet Şener, an expert from the investment migration industry, recently discussed how investors should protect their investments in the current banking crisis. He suggested that investors should be aware of the potential risks associated with investing in Turkey before the election, such as the potential for a drop in real estate prices due to a ban on foreign purchases. Additionally, he suggested that investors should take advantage of the FDI, or foreign direct investment, which is available in Turkey. This can help ensure that investors are able to diversify their investments and protect themselves from potential risks.

Şener also discussed the resilience of the Turkish people and the economy, noting that even in the wake of an attempted armed coup, the economy bounced back quickly. This is a testament to the strength of the Turkish economy and demonstrates that it is capable of withstanding shocks. Additionally, he suggested that investors should take advantage of the multipolar world and the opportunities it provides by investing in countries such as Turkey, which is located in the middle of the map.