Travel restrictions for South Africa as countries ban entry over Covid-19 variant. What options do you have?
A number of countries have announced travel bans to and from South Africa, citing fears of the new Covid-19 variant discovered in the country.
At the end of December, the UK’s Health and Social Care secretary Matt Hancock moved to ban travel between the two countries, citing the second variant as a key concern.
This week Denmark said that it has also include South Africa on its list of ‘banned countries’. “The entry ban for foreigners who do not reside in Denmark and travel from South Africa is in place from 6 January 2021 until and including 17 January 2021,” it said.
Other countries which currently have restrictions in place on South Africa include Israel and Turkey.
Countries such as the Netherlands and Ireland had originally blocked travel but are now allowing South African travelers limited access provided they provide a negative PCR test on arrival.
Is it time for a plan B? Have you considered a Golden Visa?
Here are 5 reasons to invest in a Golden Visa (residency or citizenship by investment):
• Political and economic instability are the primary reasons people seek a second citizenship.
• Freedom of travel
• A second citizenship or residency offers the recipient more opportunities for travel without the hassle and rigorous paperwork requirements of a standard visa.
• Tax benefits
While tax benefits vary from country to country, many countries offer exceptional tax benefits for their citizens.
Business and investment opportunities
Most countries reserve access to their business markets for their citizens, a second citizenship undoubtedly unlocks a host of new business and investment opportunities.
A plan B for economic instability
The world can be unpredictable, should your own country find itself subject to financial, political, or economic instability, a second citizenship or residency affords you the opportunity to protect your assets by transferring them to a more stable nation.
Have you considered investing in a Golden Visa? Call +41 44 586 73 10 or email firstname.lastname@example.org to book a free consultation regarding Golden Visa property investments.