Starting or Diversifying Businesses in Other Countries Visa: Exploring Global Markets

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If you're considering starting or diversifying your business in another country, there are several visa options to explore. The most common visa for entrepreneurs is the E2 visa, which allows foreign nationals to live and work in the United States.

The E2 visa is available to citizens of over 80 countries, including Canada, the UK, and Australia. To qualify, you'll need to invest a significant amount of money in a US business and demonstrate that it will create jobs for US citizens.

The process of obtaining an E2 visa can be complex, but it's a popular choice among entrepreneurs. In fact, over 35,000 E2 visas were issued in 2020 alone.

Countries for Business

If you're considering starting or diversifying your business in another country, it's essential to research the best countries for business immigration. Some popular countries for obtaining a start-up visa include those that require knowledge of the official language, an original business plan, and a viable business idea.

For more insights, see: Dollarized Countries

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To obtain a start-up visa in each country, you'll need to meet specific requirements, which may include having money to support yourself without government support. Facilitators can guide you through the process and even help with some parts of it.

Here are some top countries for business immigration and investment, including Turkey, UAE, USA, Malta, Austria, Vanuatu, Saint Lucia, Dominica, Nevis, and Grenada.

Belgium

Belgium is a great option for business investment, with a highly favourable tax regime and a flat 10% corporate tax.

You'll need to put at least €400,000 into a local business bank account, a requirement that's also applicable to North Macedonia's entrepreneur visa program.

In Belgium, you'll need to hire ten local people full-time, similar to the North Macedonian requirement.

While the specifics of the investment process may not be as well-known as some other countries, Belgium is a great choice for those looking to take advantage of business-friendly opportunities in Europe.

Its location in the heart of the continent makes it an ideal hub for trade and commerce, with easy access to major markets.

The United Kingdom

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The UK is a great destination for business owners, with its stable economic growth and tax and banking incentives. The government is actively involved in monitoring the domestic market, creating new opportunities for entrepreneurs.

The UK Start-up visa is a popular option for start-up businesspeople, as it doesn't require a business plan or investment. However, it's essential to note that this visa doesn't lead to Indefinite Leave to Remain (ILR), or settlement, and it cannot be extended.

Immigration advisors recommend considering alternative options, such as the UK Innovator visa, which offers more benefits and flexibility. This is especially true for those who plan to stay in the UK for an extended period.

The UK Start-up visa application process is relatively straightforward, but it's crucial to be aware of the requirements and limitations.

Best Countries

If you're looking to start a business abroad, there are several countries that offer favorable conditions for entrepreneurs. Turkey, for instance, has specific requirements for obtaining a Start-up visa, including knowledge of the official language and a viable business idea.

Credit: youtube.com, Top 20 Best Countries for Business & Entrepreneurs 2025 | Part 1

Some countries also offer investor visas, which can lead to a residence permit and even citizenship. These countries include the UAE, USA, Malta, Austria, Vanuatu, Saint Lucia, Dominica, Nevis, Grenada, and Jordan.

To obtain a Start-up visa, you'll typically need to meet common requirements, such as having an original business plan and money to support yourself. Facilitators can guide you through the process and even help with some parts of it.

Here are some of the best countries for business immigration, broken down by category:

Keep in mind that specific requirements may vary depending on the country and your individual circumstances. It's essential to research and understand the requirements for each country before making a decision.

Visa and Residency Programs

If you're planning to start or diversify your business in another country, understanding the visa and residency programs is crucial. European Startup Visas offer a unique opportunity for international entrepreneurs to launch and grow innovative businesses within the European Union.

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You can get a Portugal Start-up visa by submitting a detailed business project to an approved incubator on the Startup Portugal program website, requiring a bank statement confirming a balance of €8,000 to support yourself. The application fee is almost €250, and it normally takes 5 to 7 months to go through all the steps.

Latvia is another Baltic country that has an interesting proposition for entrepreneurs in search of European residency, with an efficient application process that grants residency typically within 2-3 months. To get a Start-up visa in Latvia, you will need around €5,000-6,000 to support yourself and €115 in application fees.

Here are some key requirements for a Start-up visa in various countries:

Keep in mind that these requirements may vary depending on the specific program and country, so it's essential to research and understand the specific requirements for each country you're interested in.

Latin America Programs

Latin America offers a variety of startup and business visa programs designed to attract entrepreneurs and foreign investors to the region. These visas provide pathways for individuals looking to establish or expand their businesses in diverse markets such as Brazil, Mexico, Argentina, and Panama.

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The requirements for these visas vary, but some countries have specific requirements, such as knowledge of the official language of the country. An original business plan is also typically required, along with a viable business idea and clear perspectives for developing the idea.

In Panama, the Business Investor Visa requires an initial investment of at least US$160,000, which can be placed into an existing Panamanian company or used to establish a new one. This investment should create at least five full-time jobs for Panamanians.

Here are some key points to consider when exploring Latin America's startup and business visa programs:

  • Initial investment requirements: US$160,000 in Panama
  • Job creation requirements: at least five full-time jobs for Panamanians in Panama
  • Official language requirements: knowledge of the official language of the country

Facilitators are available to guide you through the whole process and even help you with some parts of it, making the process more manageable and efficient.

Portugal

Portugal has a range of visa programs that cater to different types of entrepreneurs, including the D2 Visa, also known as the Immigrant Entrepreneur Visa, which offers non-EU/EEA/Swiss entrepreneurs, investors, and self-employed professionals a chance to start a business in Portugal.

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The D2 Visa has no official minimum investment threshold, but small or medium-sized companies may need between €3,000 and €5,000 to get approved. This makes it a flexible option for entrepreneurs looking to establish an EU corporate base.

To apply for the D2 Visa, applicants must demonstrate adequate financial proof that their investment or business is viable and offers social, cultural, or economic benefits to the country's economy. This can be done by showing a bank statement with a balance of at least €10,440.

Applicants must also prove they have the financial means to live in Portugal for a year, regardless of their business structure or income. They can do so by showing a bank statement with a balance of at least €10,440.

In addition to the D2 Visa, Portugal also offers a Start-up visa that can be obtained by submitting a detailed business project to an approved incubator on the Startup Portugal program website. To apply, applicants need to upload a detailed business plan, a criminal record certificate, and a bank statement confirming a balance of €8,000 to support themselves.

If your business plan is approved, you have 40 days to sign an Incubation Agreement, after which all necessary documents are collected and submitted to the Portuguese Immigration and Borders Service. The entire process typically takes 5 to 7 months, and the fee is almost €250.

To maintain residency in Portugal, you'll need to create at least 5 jobs or earn €300,000 in 5 years.

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South Korea D-8 Investor

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The South Korea D-8 Investor Visa is a great option for foreigners looking to invest in a local business and secure permanent residency. It requires a minimum investment of approximately KRW 100,000,000, which is equivalent to around US$69,412.

This visa is a hybrid of investment and entrepreneurship, which means you don't need to create an extremely innovative business to qualify. You could even open up a restaurant or a lifestyle business and still thrive in South Korea.

With over one million expats in South Korea, residence permits are now harder to come by, making the D-8 Investor Visa a more challenging but potentially rewarding opportunity.

United States EB5

The United States offers several visa options for startups and business ventures, but one popular choice is the EB5 Visa.

The EB5 Visa is designed for foreign entrepreneurs who want to invest in a new business in the US and create jobs for American workers.

Credit: youtube.com, United States: EB-5 VISA Program - Residency by Investment

This visa requires a minimum investment of $900,000 in a new business or project that creates at least 10 full-time jobs for US citizens.

The EB5 Visa provides a pathway to permanent residency and potential citizenship for entrepreneurs who meet the eligibility criteria.

In addition to the EB5 Visa, the US also offers other visa options for startups and business ventures, each with its own distinct eligibility criteria and benefits.

These visas support businesses that contribute to the local economy through innovation, job creation, and economic development, providing opportunities for residency and potential citizenship.

The US offers a streamlined process for entrepreneurs seeking to establish their ventures in the country, making it an attractive option for early-stage entrepreneurs.

The EB5 Visa is a popular choice for foreign entrepreneurs who want to invest in a new business in the US and create jobs for American workers.

European Visa Programs

European Visa Programs offer a range of opportunities for international entrepreneurs to launch and grow businesses within the European Union. With a focus on innovation, job creation, and economic growth, these programs are paving the way for new ventures to thrive.

Credit: youtube.com, Europe’s Best Golden Visas Ranked for 2025 | Residency & Citizenship Guide

The European Startup Visas are a unique opportunity for entrepreneurs to establish themselves in the EU market. They offer a chance to launch and grow innovative businesses, creating jobs and driving economic growth.

Many countries in the EU offer Start-Up Visa programs, including Portugal, Estonia, the United Kingdom, Slovenia, Italy, Brazil, and several others. Each country has its own pathway for business development and innovation.

Some countries offer a more flexible option for entrepreneurs, such as Portugal's D2 Visa, also known as the Immigrant Entrepreneur Visa. This visa allows non-EU entrepreneurs to start a business in Portugal with no official minimum investment threshold.

To be eligible for the D2 visa, applicants must demonstrate adequate financial proof that their investment or business is viable and offers social, cultural or economic benefits to the country's economy. They must also prove they have the financial means to live in Portugal for a year, with a bank statement showing a balance of at least €10,440.

Other countries, such as Turkey, UAE, and USA, offer investor visas that can lead to residence permits and even citizenship. These countries have a range of programs available, including business immigration and investment in real estate, foundations, and securities.

Here are some countries that offer investor visas and residency programs:

  • Turkey
  • UAE
  • USA
  • Malta
  • Austria
  • Vanuatu
  • Saint Lucia
  • Dominica
  • Nevis
  • Grenada
  • Jordan, etc.

Countries Offering Citizenship or Residence Permits Abroad

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If you're looking to start a business abroad and obtain citizenship or a residence permit, there are several countries to consider.

Turkey, UAE, and USA are popular options for business immigration and investment, offering a residence permit and even citizenship. Malta and Austria are also worth looking into. Vanuatu, Saint Lucia, Dominica, Nevis, and Grenada are other countries that offer citizenship or residence permits through business investment.

Latvia is another Baltic country that offers an attractive proposition for entrepreneurs seeking European residency. The application process is efficient, with residency typically granted within 2-3 months.

You can either create your own company or invest in an existing Latvian company and become a shareholder. However, if you form a company, you must pay at least €40,000 in tax per year to retain your residence.

The UK also offers start-up and innovator visas for entrepreneurs. To be eligible for a UK Start-up visa, you must be at least 18 years old, speak English at Level B2, and have no criminal records. You'll also need to have at least £1,270 in a bank account to support yourself and £315 for each dependent.

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Credit: youtube.com, 7 EU Countries That Offer Easy Residence Permits and Tax Incentives

To apply for a UK Start-up visa, you'll need to submit a business plan that's innovative, identifies funds to start a business, and has realistic and scalable plans.

Here are some countries that offer citizenship or residence permits through business investment:

  • Turkey
  • UAE
  • USA
  • Malta
  • Austria
  • Vanuatu
  • Saint Lucia
  • Dominica
  • Nevis
  • Grenada
  • Jordan
  • Latvia

Note that Latvia requires a minimum investment of €50,000 if the company's turnover is less than €10 million a year. If the company earns more than that, the investment will need to be doubled.

Apply for the Right

Applying for the right visa can be a daunting task, but understanding the requirements and process can make a big difference. In many countries, including Portugal, a minimum investment threshold is not required, but you'll need to demonstrate financial proof of your business or investment plan.

To apply for a UK Start-up visa, you'll need to submit a business plan that's innovative, identifies funds to start a business, and has realistic plans for growth. You'll also need to have at least £1,270 in a bank account to support yourself.

Credit: youtube.com, How to Choose the Right Permanent Residency Program for You.

In France, you can apply for the Entrepreneur Visa, which is ideal for freelancers and small business owners. You'll need to demonstrate a viable business plan, stable income, and accommodation in France.

Here are the common requirements for a Start-up visa in various countries:

It's essential to start the application process at least 2-3 months in advance, as compiling documents, securing translations, and waiting for approval can take time. You'll need to apply from your country of residence at the nearest French consulate or visa application center.

Starting a Business Abroad

Starting a business abroad can be a great way to diversify your operations and tap into new markets. One of the easiest pathways to citizenship for entrepreneurs in the Americas is Colombia, where you can get a business visa with less than US$35,000 in capital.

Colombia offers a temporary residence visa with a light physical residency requirement, and you can apply for citizenship after five years if you meet the physical residency condition and a basic Spanish and Colombian history knowledge requirement. The Colombian passport grants you access to 138 countries without a visa, or through a visa on arrival or electronic travel authorisation.

Take a look at this: Colombian Peso Country

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You can also consider Hungary, where you can obtain Hungarian residency by establishing a local company with a minimum of €50,000 in initial business capitalisation. You'll need to provide proof of legitimate funding and a clean criminal record, but you can benefit from a relatively low corporate tax rate of 9% and easy access to the EU market.

Here's a quick rundown of some of the countries mentioned:

  • Colombia: US$35,000 in capital, temporary residence visa, 5-year path to citizenship
  • Hungary: €50,000 in initial business capitalisation, residency permit, 9% corporate tax rate
  • Singapore: EntrePass visa for serial entrepreneurs and high-calibre innovators, €100,000 in funding, strict requirements
  • Bulgaria: BGN 6,000,000 (around US$3.2 million) investment, residence permit, highly educated workforce
  • Romania: €150,000 investment, permanent European residence, 16% profit tax rate

Remember to research and understand the specific requirements for each country and visa program before making a decision.

Colombia

Colombia is a hidden gem for entrepreneurs. It boasts one of the strongest markets and most vibrant cultures in South America today. You can get a second residency in Colombia with less than US$35,000 in capital, which you can spend immediately on your company. The Colombia Business Visa is a temporary residence visa with a light physical residency requirement of having to visit the country at least once every six months. This makes it an attractive option for those who want to start a business abroad without being tied down to a specific location.

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Colombia's economic stability over the past few years has been noticed by foreign investors and expats worldwide. The country was named one of seven emerging markets worth investing in by Fortune Magazine. This stability, combined with a short time-to-start-business ranking from the World Bank, makes Colombia a great place to start a business. The start-up scene in Colombia has been moving forward at an impressive pace, thanks in part to the large number of engineering and computer science graduates and postgraduates in the country.

A Colombian passport will grant you access to 138 countries either without a visa, through a visa on arrival or via electronic travel authorisation. This includes unlimited access to all of Central and South America, as well as easy access to all of the countries in Europe's Schengen Area. Colombia also allows dual citizenship, meaning you will not have to renounce your current citizenship to become a citizen. This is a huge benefit for entrepreneurs who want to maintain their current citizenship while still taking advantage of the opportunities offered by Colombia.

Hungary

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Hungary is a great destination for entrepreneurs looking to set up a business and gain residency. The country is extremely welcoming to foreign investment, especially when it comes to setting up manufacturing and similar enterprises.

With a highly educated workforce and proficient English speakers, Hungary is well-suited for business owners who want to establish a presence in the region. The country's central location in a rapidly emerging area of Europe makes the Hungarian business visa even more appealing.

You'll need to establish a local company and provide proof that you've obtained the necessary funds for the investment. This can be as little as €50,000, which is a relatively low barrier to entry compared to other countries.

To maintain residency, you'll need to prove that you're actively running a business in Hungary. This can be done by paying taxes on your business income and employing local citizens. The corporate tax rate in Hungary is currently 9%, which is relatively low compared to other European countries.

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One of the benefits of setting up a business in Hungary is that it will enable you to invest in any EU country freely, open up EU bank accounts, and purchase real estate. You can also apply for citizenship after eight years of residency, which will grant you a highly valuable European passport.

Here's a summary of the requirements to obtain a Hungarian business visa:

  • Establish a local company
  • Provide proof of necessary funds (€50,000)
  • Pay taxes on business income
  • Employ local citizens
  • Maintain residency for at least eight years to apply for citizenship

Where to Abroad?

If you're thinking of starting a business abroad, you've got a world of options to choose from. Singapore, for instance, offers the EntrePass visa, which is geared towards serial entrepreneurs, high-calibre innovators, and experienced investors only.

The EntrePass visa requires you to either already have a new company (less than six months since incorporation) or intend to set one up after you're approved. You'll need to meet a checklist of criteria, such as securing at least US$100,000 in funding from a government-recognized venture capitalist or angel investor.

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The United Kingdom, on the other hand, offers the Skilled Worker Visa, which is available to entrepreneurs who want to start a business in the country. To be eligible, you'll need to meet certain requirements, such as being at least 18 years old and having no criminal records.

If you're looking for a more relaxed approach, France offers several visa pathways for international entrepreneurs, including the Entrepreneur Visa, which is ideal for freelancers, consultants, and small business owners. You'll need to demonstrate a viable business plan, stable income, and accommodation in France.

Here are some key requirements for the Entrepreneur Visa in France:

  • Sufficient income or investment capital: You must show you can support yourself in France without relying on public funds. A minimum of €20,000–€30,000 in available funds or projected business income is typically expected.
  • Viable business plan: Your application must include a realistic and detailed business plan that outlines your strategy, market research, financial forecasts, and how your business will operate in France.
  • Proof of accommodation in France: A rental contract, property deed, or official housing certificate showing you have a place to live.

Citizenship and Taxes

As you navigate the process of starting or diversifying your business in another country, it's essential to consider the citizenship and tax implications.

You'll need to meet residency requirements, which typically involve renewing your visa, then applying for long-term residency, and eventually citizenship in countries like France.

The Entrepreneur Visa in France provides a clear pathway to permanence, so long as you remain compliant and economically active.

To be eligible for citizenship, you'll need to demonstrate that your business is economically active and can support your living costs, with a minimum investment of €30,000.

Curious to learn more? Check out: France Visa Insurance

Turkey Citizenship

Credit: youtube.com, Why Turkey’s Citizenship by Investment is HOT

Turkey Citizenship offers a unique opportunity for foreign investors to obtain residency and eventual citizenship through its Citizenship by Investment (CBI) program.

The program has six main options, including investing in local real estate and starting a business in Turkey. Many investors choose the entrepreneurship route, which requires creating at least 50 jobs for Turkish citizens.

The monthly cost of employing one minimum salaried job is 22,104 Turkish Lira (around US$608) in 2025. This cost is in addition to the administrative costs of setting up and running a business.

Only people seriously interested in running a legitimate business for the long term should apply, as they'll need to either run the business themselves or hire someone to do so. There is no predefined minimum investment sum to qualify for residence and eventual citizenship under this program's job creation route.

You don't need to reside in Turkey physically to take advantage of this entrepreneur program. Bringing your family under the same investment is entirely possible – your spouse and dependent children are free to join you in obtaining residence and a Turkish passport.

A fresh viewpoint: Running Start

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The entire process of getting Turkish citizenship by investing in a business takes about three to four months and is rather easy.

Here are some key facts about Turkey's Citizenship by Investment program:

  • Investment options include real estate and starting a business in Turkey
  • Entrepreneurship route requires creating at least 50 jobs for Turkish citizens
  • Monthly cost of employing one minimum salaried job is 22,104 Turkish Lira (around US$608) in 2025
  • No predefined minimum investment sum required
  • Family members can join the investor in obtaining residence and a Turkish passport
  • Process takes about three to four months

Where Are New Abroad Exempts from Taxes

If you're looking to establish a business abroad and minimize your tax burden, there are several countries to consider. Offshore countries, Free Economic Zones, and separate states offer a possibility to establish a business structure and exempt it from worldwide profit taxation.

Countries like Anguilla, Bahamas, and Bermuda offer a corporate tax rate of zero. Other countries, such as Cyprus, Ireland, and Lichtenstein, have a corporate tax rate of 12.5%, while countries like Andorra and Bulgaria have a rate of 10%.

You'll also find countries with lower tax rates, including the United Arab Emirates with a rate of 9%, and Hungary and Montenegro with the same rate. Barbados stands out with a corporate tax rate of just 5.5%.

Keep in mind that even with these low tax rates, you'll still need to pay registration fees, rent an office, and comply with VAT and customs duties.

Recommended read: Corporate Taxes by Country

Can I Bring My Spouse/Children?

Family Bonding During Quarantine
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You're planning to move abroad for your entrepreneurial venture and wondering if your loved ones can join you. The good news is that some visas allow for family reunification, such as the Entrepreneur Visa.

This means your spouse and dependent children can apply to join you and receive residence permits, as long as you have the necessary qualifications and meet the requirements of the visa.

Having your family with you can make a big difference in your new life abroad, and it's great that you're thinking about their needs.

French Tax System

The French tax system can be complex, but understanding the basics is crucial to avoid fines or audits.

The tax obligations of your business depend on its legal form and activity.

As a micro-entrepreneur, you pay simplified social charges and income tax based on turnover.

Entrepreneur individuel pays social charges and income tax based on the net profit, which requires keeping accounts and justifying expenses.

Credit: youtube.com, France Introduces Citizenship-Based Taxation

SAS/SARL companies are subject to corporate income tax (Impôt sur les Sociétés), and directors may also pay personal income tax on salary or dividends.

VAT (TVA) registration may be required once you cross specific revenue thresholds or work in certain sectors.

Here's a quick rundown of the tax regimes for different business types:

  • Micro-entrepreneur: Simplified social charges and income tax based on turnover.
  • Entrepreneur individuel: Social charges and income tax based on net profit.
  • SAS/SARL: Corporate income tax (Impôt sur les Sociétés) and potential personal income tax on salary or dividends.

Rosalie O'Reilly

Writer

Rosalie O'Reilly is a skilled writer with a passion for crafting informative and engaging content. She has honed her expertise in a range of article categories, including Financial Performance Metrics, where she has established herself as a knowledgeable and reliable source. Rosalie's writing style is characterized by clarity, precision, and a deep understanding of complex topics.

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