Many investors around the world are seeking opportunities to diversify their portfolio and expand their business in a new market. One of the popular options is to apply for an investment immigration program, which allows individuals to obtain residency or citizenship by investing in a foreign country. In this article, we will explore the investment immigration program in Peru and its requirements.
Investment Immigration Program in Peru
Peru offers an investment immigration program, which is designed to attract foreign investors who are interested in contributing to the country’s economic growth. The program is called “Investor Visa” and it allows individuals to obtain a residency permit by investing in Peru.
Requirements for Investor Visa
To qualify for an Investor Visa, applicants must meet the following requirements:
Investment Amount
The minimum investment amount required for an Investor Visa is USD 30,000. The investment can be made in any sector of the Peruvian economy, including real estate, agriculture, mining, and tourism.
Investment Period
The investment must be made for a minimum period of two years. During this time, the investor must maintain the investment and provide evidence of its existence.
Income
Applicants must demonstrate a stable source of income that is sufficient to support themselves and their dependents while residing in Peru.
Background Check
Applicants must pass a background check, which includes a criminal record check and a review of their financial history.
Health Insurance
Applicants must have health insurance that covers them and their dependents while living in Peru.
Benefits of Investor Visa
The Investor Visa offers several benefits to foreign investors, including:
Residency Permit
Investors and their dependents are granted a residency permit, which allows them to live and work in Peru.
Travel
Investors are allowed to travel in and out of Peru without the need for a visa.
Permanent Residency
After two years of holding the Investor Visa, investors are eligible to apply for permanent residency in Peru.
Citizenship
After three years of holding permanent residency, investors can apply for citizenship and a Peruvian passport.
Conclusion
Investing in Peru through the Investor Visa program is a great opportunity for foreign investors who are looking for a new market to expand their business. With a minimum investment of USD 30,000, investors can obtain a residency permit and enjoy the benefits of living and working in Peru. However, applicants must meet the requirements and pass the background check to be eligible for the program. It is important to consult with a qualified immigration lawyer to ensure a successful application process.