[SPONSORED] What are residency and citizenship-by-investment programmes? SableInt
Wealthy South Africans looking to future-proof themselves against a volatile economy, weak currency, and a lack of global mobility are opting for several residency or citizenship-by-investment programmes in Europe, says Andrew Rissik, MD for forex and investment migration at Sable International.
“This is because Ireland has one of the fastest growing economies in the European Union [EU] and maintains a high position on the list of Europe’s top destinations for foreign investment. Investors are granted a Stamp 4 visa which grants them full residency and working rights, and the ability to start a business in Ireland. If you are not yet ready to relocate to Ireland, you can retain this Stamp 4 visa with just one day a year spent in the country. Ireland’s investor visa also includes dependent children up to the age of 24, provided they are financially dependent on you and in full-time education.
“So, you can either stay in South Africa and enjoy the life you’ve built here with a good backup plan should you want to immigrate later, or you can start your move to Ireland now and apply for full citizenship in 2027,” adds Rissik. “One of the things we like about this programme is that the fees are very low, unlike some other programmes which include large contributions to government.
As a Portuguese national, you can apply for a Portuguese passport – one of the strongest passports in the world.
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