Good morning, global opportunists! 

Welcome to the 15th article from The Sovereign Atlas! Every Friday we publish quick updates that benefit your global sovereignty lifestyle. 

Here’s what we’ve got this week:

• Japan Entrepreneur Visa Being Eased 🇯🇵

• Another Country Launches Another Entrepreneur Visa 🇶🇦

• Dual Citizenship Has Finally Been Approved 🇩🇪

• Obtaining Philippines Permanent Residency 🇵🇭

Let’s go!

UPDATE

Japan To Further Ease Visa Restrictions

In a move to attract more foreign entrepreneurs, Japan is set to relax its residency regulations. This policy shift aims to attract global talent by simplifying the visa process for business founders from around the globe.

• Easier Entry, Brighter Futures: Understanding the critical role that startups and international entrepreneurs play in driving technological advancement and economic growth, Japan is revising its traditionally stringent immigration policies.

• What's on the Table: The changes are expected to include reduced bureaucratic hurdles for visa applications, extended durations for startup visas, and possibly financial incentives or support mechanisms for new businesses.

This further highlights Japan's goal of becoming a hub for international business innovation.

UPDATE

Another Entrepreneur Residency Program

Qatar gets in on the entrepreneur residency trend, kicking off with a minimum investment of $68,000.

• The Golden Key: To unlock this opportunity, applicants need more than just cash. A thumbs-up from a recognized Qatari incubator and a solid business plan are your tickets in. But wait, there's more—skilled pros can also join the party with a job offer or proof of financial independence in hand.

• Why It Matters: In a region bustling with nations vying for the spotlight on the global stage, Qatar’s latest move is a bold statement. It’s not just about diversifying the economy; it's about becoming a beacon for bright minds and big ideas.

UPDATE

Germany Approves Dual Citizenship Law

Germany has officially opened its doors wider, embracing the concept of dual nationality with a law approved by the President.

• A Welcome Change: This move has been hailed as "long overdue" by advocates, who argue that the recognition of dual nationality is crucial for integrating immigrants and their contributions to German society.

• Impact and Implications: The law is expected to have profound implications, not just for potential new citizens, but also for Germany's cultural and political landscape, enhancing the sense of belonging among the country's diverse population.

This change is in contrast with the EU’s agenda on ending dual citizenship programs & opportunities, we’ll see what else happens in the EU as things quickly go down hill overall.

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UPDATE

Obtaining Permanent Residency In The Philippines

When it comes to the Philippines on residency options, these two are the simplest: Special Investor Resident Visa (SIRV) and Special Resident Retiree's Visa (SRRV) programs.

• Investor's Delight: The SIRV is tailored for those who see opportunity in this SE Asian country, requiring a minimum investment in eligible ventures or real estate, promising not just a return on investment but a home under the tropical sun.

• Retiree's Paradise: The SRRV, on the other hand, is a call to those dreaming of an (early) retirement filled with sandy beaches and crystal-clear waters, offering multiple options based on age, pension, and investment levels.

MARKET REVIEW OF THE WEEK

Belgrade, Serbia 🇷🇸

Serbia is showcasing remarkable economic resilience and attracting investor confidence with a consistent upward trend. From 2020 to 2023, the nation saw a commendable cumulative real GDP growth of about 12%, with the third quarter of 2023 alone witnessing a 3.6% year-on-year increase. The forecast for 2023 rounds off at a solid 2.5%, with expectations for 2024 looking even brighter, predicting growth between 3% to 4%.

• Inflation's Downward Path: A noteworthy decline in inflation has been observed, touching a single-digit figure by October and sliding further to 7.6% by December 2023. Projections are optimistic, with inflation expected to align with the target tolerance band by mid-2024.

• Real Estate Rally: The real estate sector reflects the economy's buoyancy. Prime office spaces in Class A buildings are fetching rents between EUR 15.5 to 17.5 per square meter monthly, while Class B spaces vary between EUR 11.5 to 14. The vacancy rate is tightening, indicating strong demand, especially for prime office locations which are now at a 7.25% vacancy rate.

• Logistics and Industrial Insight: The logistics sector remains stable, with rents for modern spaces in Belgrade and surrounding industrial zones holding at EUR 4.0 to 5.5 per square meter monthly. The vacancy rate for such spaces is below 5%, showcasing robust demand.

BOOK OF THE WEEK

One + One = Three

1 + 1 = 3 by Dave Trott is a thought-provoking exploration of creativity and innovative thinking. Trott argues that creativity lies in making new connections between seemingly unrelated ideas. He illustrates this through compelling anecdotes, like the iconic Heineken advertising campaign which connected British expatriates' longing for home with Heineken beer, presenting the brand as a taste of home in exotic locations without even showing the beer itself. This and other examples demonstrate that creativity often comes from linking existing concepts in novel ways, rather than inventing something entirely new. Trott's message is clear: to unlock our creative potential, we should always be open to exploring unconventional ideas​​.

The book also delves into the principles that can amplify one's ability to think creatively. It suggests that stepping out of our comfort zones and exploring interests outside our natural inclinations can vastly increase the connections we make, effectively turning the mathematical impossibility of 1 + 1 equalling 3 into a reality. Trott presents a framework consisting of nine key sections, ranging from the value of embracing potential failure to the significance of questioning established norms and reinterpreting briefs to find novel solutions. These insights serve as a rallying cry for those seeking to stand out and innovate, emphasizing that creativity is not a mysterious talent but a skill that can be cultivated through practice, curiosity, and a willingness to challenge the status quo

THAT’S ALL FOR THIS WEEK

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