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To be eligible for a Golden Visa or Golden Passport in Europe, your investment should be quite large; ranging from hundreds of thousands to millions of dollars. Considering the amount of money involved and the fact the investment is in a foreign country, it can be overwhelming.
May 8, 2024 · Applicants seeking a Spanish residence permit typically invest a minimum of €500,000 in the country’s economy. With residence permit status, the investor and their family members gain the right to reside and work in Spain for an initial period of three years, extendable for an additional five years.
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For example, to get an EU passport, you must invest at least €1.15 million and there are only two such offers – Malta and Cyprus *. *Note: Cyprus citizenship by investment program has been suspended from 01 November 2020. You get a residence permit within a couple of months while it takes 5 to 10 years to naturalise in most European countries.
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- PORTUGAL. Update February 2023: Portugal has announced it is canceling this program. For information on alternative Golden Visa programs or advice on obtaining residency in Europe, contact our team.
- CYPRUS. Cyprus doesn’t offer just one Golden Visa, but two. The two programs complicate matters slightly, making it more important for you to receive proper guidance if you want to become a resident of Cyprus – we can help.
- SPAIN. Spain launched its Golden Visa as a way to revitalize its economy, especially when it came to selling off its real estate surplus and creating jobs for many of its unemployed people.
- READ MORE. 12 SECOND RESIDENCIES THROUGH CHEAP REAL ESTATE INVESTMENTS. Get Second Residence and pay no taxes in these 26 tax free countries. 10 factors to consider with any second residence.
Mar 1, 2023 · What You Need to Know: Priority date retention. Certain immigrant investors will keep the priority date of a previously approved EB-5 petition when they file a new petition. Increased minimum investments . The standard minimum investment amount has increased to $1.8 million (from $1 million) to account for inflation.
Mar 27, 2024 · Minimum investment requirements starting from €250,000. A requirement to spend a minimum period of seven days in the first year in Portugal, then a subsequent 14 days for every two-year period. A pathway to gain Portuguese citizenship after the fifth year. Visa-free access to the Schengen area’s 27 countries.
May 8, 2024 · About 28 countries offer golden visa programs, including Portugal, Malta, Greece, and Italy. Eligibility and investment requirements vary by country, as do benefits. Here are the main guidelines ...