Cyprus boasts one of the most lucrative and prolific golden visa regimes in Europe having sold passports to over 3,000 foreign nationals since 2013 garnering more than €6bn. As we mentioned in the introduction of this article, Portugal’s immigration program was one of the trailblazers. With clients from more than 100 countries worldwide and over 18 program options, we understand your reasons and we have the best solution for your needs. The main benefit of the Portuguese Golden Visa program in comparison to the Spanish one is that investments can be made for a lower amount, starting from €280,000. The financial assets like bonds won’t accumulate any interest, but others like stocks and investments in funds might. For our purposes, the rest of this article will only discuss true Golden Visas – the residence permits offered by EU countries in exchange for an investment that allow for eventual naturalization. Plus, you’ll be able to obtain European citizenship in 2-10 years’ time. Residency in Spain: Golden Visa Scheme Comparison. Now, Cyprus, Spain and Greece have joined them. Then they ‘go to work’ and go unchecked for a while. That means the freedom to live and work anywhere within the European Union. Even if there are multiple investment options available to foreigners, there usually is an official source that clearly specifies the minimum investment sums, a schedule of all fees that are payable, as well as the eligibility criteria for the applicant and their family. ゴールデン・ビザ・プログラム(Golden Visa Program) 250,000€(約3200万円)以上の不動産を購入する(複数軒の不動産で合算可能) ギリシャで使える健康保険に加入する 滞在許可の申請が大人一人につき2000€ (約26万円) Shir shah, I am a Pakistani Business man (building contractor) thinking to get PR and citizenship in any European country could you please let me know easy procedure with less least investment Apply Citizenship 5 years, €2,200,000 Investment You are also able to work towards Greek citizenship, which you can apply for if you spend at least seven consecutive years in the country. And, in many of these countries, while you do not need to learn the language to become a resident, you will need to learn it to become a citizen. Thanks A number of European countries have introduced a “Golden Visa” program, offering residency in exchange for real estate investments. They’re also a ‘golden’ opportunity to gain access to these countries that offer a high standard of living, a familiar western culture, the charm and history of Europe, and a strong passport (most Golden Visa programs can lead to citizenship). To apply for the Golden Visa in Latvia, the applicant may make a minimum investment of EUR 80,000 in a Latvia company, deposit EUR 300,000 in government bonds or invest in property worth a minimum of EUR 275,000. Golden Visa programs are not the type of program where you put up a lot of money and get a passport quickly. If you become a Spanish resident, you could be liable to pay tax on income generated abroad, but with some smart tax planning, that can be avoided too. The Nomad Capitalist team has helped hundreds of people create and execute holistic offshore plans to help them legally reduce their taxes, become dual citizens, and live the Nomad Capitalist lifestyle of success, The Guernsey Permanent Residence by Investment Guide, Jersey Residency by Investment: the Ultimate Guide, 7 Countries Where Residence Doesn’t Lead to Citizenship. Latvia golden visa scheme was launched in 2010, since then it has remained the cheapest golden visa scheme in Europe. Every European Golden Visa program lets you bring your spouse and children. Think you’d be interested in becoming a resident in Europe? Golden Visa Experts offers a comprehensive range of end to end visa and property solutions. Find out which European countries grant foreigners a  residence permit in exchange for their investment dollars. As we talked about in our European citizenship article, in some but not all countries, you can also obtain residence by starting a company. Portugal is the best and most popular golden visa program in Europe requiring €350,000 property investment (outside Lisbon) or €500,000 (in Lisbon) for a permanent residency. You can expect to get your residence permit in a matter of a couple of months. Malta pretty much has a GV programme. La Vida Golden Visas facilitates the acquisition of residency, immigration and citizenship through investment. European citizenship is coveted by people from all walks of life in India. What is important, and plain as day, is that the investment immigration industry in Europe has grown immensely. Programmes start from a minimum $140,000 including costs. Golden Visa holders need not apply for a visa to travel to Europe anymore. However, the process is more selective and, therefore, better for other western citizens and not so much for the Chinese or Russians. Get Top Investor Visa, if you dream to have Residence Investor Visa in Europe and put all your family with good access to education and health, and european citizenship. Meanwhile, other countries will only let you buy in a certain area and just the one property, usually trying to prop up their capital regions and artificially inflating the minimum investment amounts. EU Schengen Zone Travel, €1 million In all Golden Visa countries, you have to spend actual time there to qualify for citizenship and the time you have to spend there will subject you to tax obligations. So, if you’re interested in investing in business or setting up your own, then Spain could be the ideal place. Permanent settlement in Italy after five years Italian passport after 10 years of uninterrupted living. C'est le moins cher d'Europe à 250 000 euros pour cinq ans. thanks for your time, Your email address will not be published. English ; All the Perks of the Portugal Golden Visa Program. Minimum stay one day As long as you are a high-net-worth individual of good character and decent health, no country is going to want to turn down your investment dollars. For example, some countries, like Greece, will allow you to buy multiple properties of any and all kinds (think residential, commercial, and agricultural), as long as the total amount spent reaches the minimum amount. After six years, citizenship is an option. Nobody knows what the future holds, so an additional residence can be a great way for you and your family to have a plan B – a safe place to live and work legally. It removes much of the headache and, in most cases, it removes the language requirement too. Basically, what they are after are innovative IT or tech companies, but if you have a more local or regional business in mind, it would be considered too. All they are doing is allowing you to get in as a resident.”. Unfortunately, in some cases, that’s not true. In practice, you certainly don’t have to meet the other requirements like job offers, a business partner, et cetera, but it can take longer than promised. There are, in some cases, substantial fees involved because the entire Golden Visa program is set up so that they can make money off of the process. The applicant may apply for family reunion visa to have family members also granted a Portuguese Permit. Although it doesn’t give you much variety as far as investment options go, it’s a blessing in disguise. In coining the term, marketers managed to misinterpret what the Golden Visa actually is because, technically, it’s not really a visa. Instead, they’ve reduced the amount of time that you have to spend in the country each year in order to qualify for citizenship. It is a permanent Residence permit and Schengen visa, issued by EU countries for third-country nationals that gives them the option to live and travel unlimited and without restrictions inside Europe Schengen Zone - Which EU countries can issue a Golden Visa? Montenegro citizenship by investment is your best option to get European citizenship. That’s the power of Golden Visa programs. A Golden Visa for an EU country is particularly desirable as it allows the holder (and their family members) freedom of movement throughout the entire Schengen Zone. Click here to learn more about Ireland’s Immigrant Investor Program (IIIP). Even though Ireland is not part of the Schengen area, it’s still a highly attractive place to invest and obtain residence. You have to visit Portugal once a year to keep your permits valid. However, the burden of proof to show that you are using those strategies is on you, which is why it is so important to have a comprehensive plan. In some cases, Bulgaria can get you a second passport in as little as about two years, but the standard “shortened” timeline is actually five years. There are many different reasons countries have decided to jump on the investor visa bandwagon, but the one common element is that they have all experienced success. Greece and Portugal remain the leaders in Golden visa market attracting interest from Chinese, Turks and Middle east investors. We are part of a network of excellent property developers, architects, lawyers, solicitors, banks, tax advisors and essential representatives from the areas of economy and notorieties to deal optimally with offers and questions regarding real estate which performs exceptionally well. There are many reasons as to why the surplus happens in the first place. 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