Your Affordable Residency Ticket: Top 11 Cheapest Golden Visas

Your Affordable Residency Ticket: Top 11 Cheapest Golden Visas

By Author

Published on September 26, 2023

Shoutout to all the wanderlust seekers! Buckle up because we're diving into a world of golden opportunities, and guess what? You don't need a fat bank account or a fancy degree to snag 'em. We're talking about golden visas, your ticket to exploring new horizons.

Now, you might have thought that these golden visas were reserved for the elite jet-setters, but hold on to your backpacks because some countries have opened their doors for budget-conscious travellers like you. It's like getting a backstage pass to a new life.

But don't expect this to be a walk in the park. You'll need to prove your mettle and show that you're a valuable addition to your new country. In some cases, they're looking for folks with unique talents to contribute to the local vibe.

Here's the crazy part – some of these visas won't make a big dent in your wallet. We're talking less than a crore rupees, and in some cases, even less!

So, here's the lowdown on the most wallet-friendly golden visas for Indians:

Citizenship by Investment:

Antigua and Barbuda: A mere ₹82,93,995, and you, your family, your cousins, and your grandma can all become citizens. It's like a 'buy one, get the whole family' deal!

Dominica: Same price, same perks. Citizenship for you, your spouse, your kids, and even your parents. Plus, you can double up on citizenship.

St. Lucia: Yep, you guessed it right, ₹82,93,995, and again everyone's invited. You can even juggle two citizenships – now, that's multitasking!

Residence by Investment:

Hong Kong: No need to raid your piggy bank. And you can bring your partner and kids along. They can even work and study. Talk about a sweet deal!

Montenegro: No minimum investment required, and after five years, you're on the path to permanent residence. Easy peasy!

Thailand: Just ₹13,76,352 (that's roughly ฿600,000), and you get to stay with no strings attached. Plus, they'll throw in a personal assistant for your international flights.

Austria: ₹35,35,440 and you've got the keys to Austria, the EU, and more. Stay a decade, and you might just score citizenship.

Latvia: ₹53,03,160 gets you visa-free access to the Schengen Area and a shot at citizenship after a decade. Not bad at all!

Panama: Back to ₹82,93,995, and you can bring nearly everyone you know, including your differently-abled cousin.

United Kingdom: No specific investment amount, but you'll need some cash in the bank and a game-changing business idea to get in. Once you're in, though, you can think about permanent residency.

Canada: No fixed investment amount, but it depends on the type of business you're starting. Stick around for three years, and you could be calling Canada your new home.

Now, remember, visa rules and regulations tend to change, so make sure to check with your nearest consulate for the latest information. Who knew getting your golden ticket could be this exciting? Bon voyage, my fellow adventurers


Trendwatch: The Top Hospitality Leadership Trends Shaping the Industry's Future

Trendwatch: The Top Hospitality Leadership Trends Shaping the Industry's Future

By Author

Published on July 21, 2024

The hospitality industry is undergoing a significant transformation, driven by shifting consumer behaviors, technological advancements, and evolving leadership strategies. As we navigate this new landscape, it's essential for hospitality leaders to stay informed about the trends shaping the industry's future.

Sustainable leadership is a top trend, with hospitality leaders prioritizing eco-friendly practices, reducing carbon footprints, and promoting responsible tourism. This shift is driven by increasing concerns about climate change and environmental sustainability. Sustainable leadership is no longer a nicety but a necessity, and leaders must embed environmentally conscious practices into their operations.

Digital transformation is another key trend, with the pandemic accelerating the adoption of digital technologies in hospitality. Leaders must continue to invest in digital infrastructure, enhance cybersecurity, and leverage data analytics to drive business decisions. From contactless check-in to AI-powered customer service, digital technologies are revolutionizing the guest experience and improving operational efficiency.

Diversity, Equity, and Inclusion (DEI) initiatives are also becoming integral to leadership strategies. Hospitality leaders recognize the importance of creating inclusive environments for guests and employees alike, and are implementing diversity training, bias reduction, and equal opportunities programs. By fostering a culture of inclusivity, leaders can drive innovation, improve employee engagement, and enhance the guest experience.

image

Employee well-being and mental health are also gaining attention as leaders recognise the industry's high-stress levels and burnout rates. Initiatives like mindfulness programs, mental health support, and work-life balance are essential for talent retention and productivity. By prioritizing employee well-being, leaders can create a positive work culture and improve overall business performance.

Personalized experiences are becoming the new standard, with guests expecting tailored experiences that meet their unique needs and preferences. Leaders are leveraging data and technology to craft bespoke experiences, from curated local experiences to personalized amenities. By putting the guest at the center of their strategy, leaders can drive loyalty, increase revenue, and enhance their brand reputation.

Finally, strategic partnerships and collaborations are becoming increasingly popular as leaders seek to drive growth, improve efficiency, and enhance customer offerings. Collaborations with tech startups, wellness providers, and local businesses can help leaders stay ahead of the curve and drive innovation. By understanding and embracing these trends, hospitality leaders can position their businesses for success and shape the future of the industry.

By: Aman Chainani, Managing Director of Pacific Hospitality

 


Pre-Budget Insights from Davinder Juj, GM of Eros Hotel New Delhi

Pre-Budget Insights from Davinder Juj, GM of Eros Hotel New Delhi

By Author

Published on July 20, 2024

Davinder Juj, General Manager of Eros Hotel New Delhi, has shared pivotal insights and recommendations in anticipation of the upcoming budget, underscoring the importance of supporting the hospitality sector, which significantly contributes to employment and GDP growth.

Juj emphasizes the need for government action in several key areas to ensure the continued development of the hospitality industry. His recommendations include:

  1. Infrastructure Development: Allocating funds for essential infrastructure projects is crucial to support the sector’s growth and improve service quality.

  2. Tax Structure Reassessment: Adjusting the current tax framework can help boost demand from both domestic and international markets, fostering a more favorable environment for growth.

  3. Tourism Promotion: Increasing budgetary support for tourism promotion is vital to attract more visitors and stimulate economic activity within the sector.

  4. Digital Infrastructure: Enhancing digital infrastructure will enable better service delivery and operational efficiency, meeting modern consumer expectations.

  5. Sustainability Initiatives: Encouraging sustainability practices within the industry is important for long-term growth and environmental responsibility.

  6. Skill Development: Investing in skill development and establishing robust training infrastructure will empower the workforce, create job opportunities, and build a skilled talent pool.

    image

Juj also advocates for granting infrastructure status to the hospitality sector, which he believes will further accelerate its growth. Additionally, he urges the Finance Minister to implement a uniform GST rate across the industry to streamline processes and enhance inter-state corporate demand.

These strategic recommendations aim to strengthen the foundation of the hospitality sector, drive innovation, and support India's economic growth by focusing on human resource development and operational excellence.


How Women are the Future of Hospitality

How Women are the Future of Hospitality

By Author

Published on July 20, 2024

This Exclusive Write up is by Shreya Anand, Director of Pacific Hospitality

The hospitality Industry has long been shaped by traditional gender roles, with men often holding leadership positions and women relegated to support staff. However, this paradigm is shifting, and women are now at the forefront of revolutionizing the industry.

Women's unique perspectives and skills are bringing a fresh approach to hospitality, prioritizing emotional intelligence, empathy, and personalized experiences. They are transforming the industry's DNA, making it more inclusive, diverse, and customer-centric.

image

Female leaders are breaking glass ceilings, assuming top roles in hotels, restaurants, and travel companies. They are introducing innovative concepts, such as boutique hotels, sustainable tourism, and experiential dining. Their influence is also evident in the rise of female-friendly travel initiatives and gender-sensitive hotel design.

Moreover, women are driving technological advancements, leveraging digital platforms to enhance guest experiences, improve operational efficiency, and foster community engagement. Their adaptability and creativity are helping the industry stay ahead of the curve in an ever-changing market.

image

The future of hospitality is undoubtedly female. As the industry continues to evolve, women's contributions will be instrumental in shaping its trajectory. Their leadership, vision, and dedication will ensure that hospitality becomes more humane, sustainable, and exceptional.

The rise of women in hospitality is not just a trend but a transformative force. It's time to recognize and celebrate their achievements, creating a more inclusive and diverse industry that benefits everyone. The future of hospitality is bright, and it's female.

Stay up-to-date with the latest Hospitality news and trends in the Hospitality industry!

Subscribe to Hospitality news e-magazine for free and never miss an issue.

By clicking subscribe for free you agree to the Terms & Conditions and acknowledge our Privacy Policy.

Advertise With Us

We have various options to advertise with us including Events, Advertorials, Banners, Mailers, etc.