According to Investopedia, an individual is characterized as a High Net Worth Individual when s/he possesses $1 million in liquid financial assets.
When the wealth is around $5 million , s/he is then referred to as "very HNWI". In cases where the wealth is more than $50 million, the person is classified as "ultra HNWI".
The above stated figures differ according to financial institutions and regions. But, as a rule, the more money the person has, the more effort it takes to maintain and preserve those assets.
High Net Worth Individuals are privileged category investors and generally demand personalized services in investment management, estate planning, tax planning, and asset protection.
These are some of the reasons why governments of many countries have created a special category of immigration - the Business Immigration category. The most successful business immigration programs, like Canadian and St. Kitts and Navis, have been successfully copied by countries like Bulgaria.
In the business immigration process, two parties are involved - the government of the country and the investor. This process is beneficial for both of them. For the government, the invested amount will contribute to the economy. Against his investment, the investor will be granted a permanent residency permit for a certain period of time. After that, the investor is welcome to apply for citizenship.
Each immigration program designed for High Net Worth Individuals (HNWI) has something different to offer. It is really important to take the time to compare them on the same basis and decide which one will respond best to your needs.
Year by year, the number of immigrant investors has grown and the destination countries have also adopted a more sophisticated approach to these programs.
Our role as an immigration intermediary is to support you during the entire application process, from the moment you contact us, to the moment you receive your permanent residency card or passport.
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