The negative effect of the COVID-19 on the economies of European countries has led the European Commission to look for a solution that will benefit the tourism industry. The EU wants to resume travel in Europe through the implementation of vaccine passports, which are certificates granted to travellers that have received full vaccination against COVID-19. This set of certificates will include the vaccination certificates (vaccine used, data and place of inoculation and number of doses administered), negative test certificates, and/or medical certificates for people that have recovered from COVID-19 in the last 180 days. The EU vaccine passport was presented by the president of the European Commision, Ursula von der Leyen, as the Digital Green Certificate, which will enable people to travel to Europe without the need of a 14-day quarantine upon arrival to the country, and have unrestricted access to public places; only possible if you have the golden visa.
Moreover, as the number of vaccine doses are rising while the summer of 2021 is approaching, European countries that were unable to open their gates last year are preparing for a new wave of tourists that will possess a vaccination passport.
What is the Golden Visa?
The Golden Visa Europe is the best option for foreign entrepreneurs that want to acquire a residency permit, and are looking for a location of their new business, or their new home. The release of the Digital Green Certificate will be advantageous for these international investors that will need to travel to a European country.
The golden visa is granted once the applicants have invested in real estate within a EU member country that offers this program, such as Portugal, Spain and Greece. The holders of this visa and their family members will be able to benefit from the many advantages that come with the permit, which include having the opportunity to travel within the Schengen area.
Freedom of movement in Europe with the Golden Visa
International visitors that have the COVID passport will be once again be welcome to enjoy island-hopping in the beautiful islands in Greece, savor the tapas, paellas and claras along with other exquisite dishes in Spain, and experience the magnificent climate of Portugal; all of this will once again be possible with the Digital Green Certificate, and with the Golden Visa, investors and their family can choose to shift from a summer-long stay, to a permanent address.
On the other hand, if the purchase of real estate in these touristic countries is not for residing, but for business, entrepreneurs that apply for the Golden Visa can use the properties that they buy for short-term rental business (Airbnb) and profit from the beautiful and touristic countries of Europe. In line with this, the vaccination certificate will provide assurance and be advantageous to EU countries, as well as to international entrepreneurs that decide to invest through the Golden Visa.