Residency Through Business Incorporation (TAX Residency)

A more adventurous but a much less costly mechanism of obtaining a residency permit of most of the countries around the world would be setting up an active business based on the current local legislation of the country that is of interest to any foreigner. Owning a business or being a full-time employee of the same offer a legal mandate for foreigners to request for a residency permit which comes along with tax liabilities while offering individuals and their family members a direct opportunity to become eventual permanent residents and citizens of that country.