Thinking about moving overseas? Learn more about 'golden visas'

"For many Bay Area residents, living or investing abroad is more than a dream it's a strategic move. Recent political shifts have driven more Americans to explore life overseas, whether for policy changes, a slower pace, lower costs, or smart investments in emerging markets. In the first three quarters of this year, almost 5% of Red Oak Realty's East Bay clients moved internationally."

"When considering an international move and/or purchase, consider destinations that combine U.S.-friendly entry, strong investment potential, and high living standards places where Americans can buy property, start businesses or secure long-term visas. In a recent conversation with Paul Boomsa, CEO of Leading Real Estate Companies of the World (LeadingRE), we learned that in a recent U.S. survey, millennials actually led the way in the trend of U.S. residents considering living and purchasing abroad, even more so than older generations considering retirement overseas."

"A golden visa is a residency-by-investment program that enables foreign nationals to secure legal residency or citizenship through substantial financial investment, typically in real estate, business ventures or government bonds. These programs remain popular in European countries like Portugal and Greece, offering investors and their families the right to live, work and access visa-free travel throughout regions like the European Union's Schengen Zone."

Many Bay Area residents are choosing to live or invest abroad for strategic reasons, including political shifts, lower costs, slower pace, and investment opportunities. In the first three quarters of this year, almost 5% of Red Oak Realty's East Bay clients moved internationally. Destinations that combine U.S.-friendly entry, strong investment potential, and high living standards attract buyers who want to buy property, start businesses, or secure long-term visas. Millennials lead interest in living and purchasing abroad, often more than older generations considering retirement overseas. Golden visa programs allow residency or citizenship through substantial investments, and Portugal pioneered this route with pathways including a $250,000 donation.

Read at www.berkeleyside.org