EUROPE
A Golden Visa is a citizenship by investment or residency by investment program. It is directed to wealthy foreign nationals who want to acquire residency in a certain country by investing a substantial amount of money or by purchasing a property.
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Can You Get EU Permanent Residence by Investment?
Can You Get Citizenship by Investment in the EU?
How Much Investment Is Required for a Golden Visa?
Can You Get a Loan to Pay for a Golden Visa?
Requirements for Obtaining a Golden Visa
- That you own the money intended for investment
- That the money was acquired legally
- That you have no history of criminal records
- That you can sustain yourself and family members for the period of time you intend to live there.
Which EU Countries Offer a Golden Visa?
- Spain
- Portugal
- Greece
- Italy
- Malta
- Switzerland
- Austria
- Belgium
Spain
Conditions
- Invest in real estate amounting to at least €500,000
- Invest in shares in a Spanish company or bank deposits of at least €1 million.
- Invest in Spanish public debt, at least €2 million.
Benefits
- There is no minimum stay requirement
- All family members can make use of visa-free travel in Schengen
- If you decide to live in Spain, you can get permanent residence in five years, and citizenship and an EU passport in ten years
Portugal
Conditions
- Purchase real estate amounting to at least €500,000
- Purchase real estate in an urban regeneration area at least 30 years old amounting to min. €350,000
- Make a capital transfer of at least €1 million
- Create at least 10 job positions
- Invest at least €350,000 in scientific research
- Invest at least €250,000 in arts, culture, and heritage
- Invest at least €500,000 in a small/medium business
Benefits
- The investment options can start at €250,000
- You only need to spend two weeks per year in Portugal to renew the visa.
- You can apply for citizenship after five years, without needing to live in Portugal. Ties to Portugal and acquiring language is a requirement for citizenship, however.
- You and your family members will enjoy the freedom of movement through the Schengen Zone.
Greece
Requirements
- Purchase real estate worth at least €250,000.
- Make an investment of at least €400,000 in Greek government bonds
- Make an investment of at least €400,000 in a Greek company
- Make an investment of at least €400,000 in bank deposits in Greece.
Benefits
- No minimum stay requirements
- Relatively low investment options
- Visa can be renewed every five years if the investment is retained
- You can get Greek citizenship after seven years of residence
- Freedom of movement in the Schengen Zone for all family members
- The visa can include the spouse, children up to 21 years of age, and both sets of parents
Cyprus
Italy
Conditions
- Invest in a Government Bond issued by the Italian Republic.
- Invest at least €500,000 company incorporated and operating in Italy.
- Invest at least €250,000 in an innovative startup
- Make a philanthropic donation in the fields of culture, education, immigration management, scientific research, preservation of cultural and natural heritage.
Benefits
- Visa-free travel to Schengen Zone for yourself and your family members
- Visa can be renewed every two years if you have maintained the investment
- After five years of residency, you can apply for permanent residency
- After ten years, you can apply for Italian citizenship
Malta
Conditions and Benefits
- Invest at least €650,000 to the government’s national development fund and €150,000 in government-approved bonds or shares.
- Rent or purchase a property in Malta, and commit to living there for at least 5 years. Price of purchased property cannot be less than €350,000.
- Invest at least €250,000 in government bonds or shares for a minimum of five years
- Invest at least €30,000 in the State Fund of Malta
- Live in Malta, either by purchasing or renting a property
Switzerland
- Form a company which offers employment opportunities for Swiss nationals
- Pay annual tax of between CHF 150,000 and CHF 1 million, depending on which canton you wish to settle.
Austria
- Investing at least €10 million directly into a business
- Investing at least €3 million to the government development fund.