Having received the right to live in a prosperous country, you can realize all your dreams. The representatives of the world elite actively use it. Such projects exist in several countries. Consider four of them: Spain, Portugal, Greece, and the Republic of Malta. Each of them offers its own program established by the government. It helps to attract foreign investors and stimulate the economy. Hundreds of applicants have already been approved and have moved with their families to the EU for a better life. Are you ready for this step?
The easiest way to get the right to move is to invest in real estate or funds. Let’s look at the best residency by investment programs and the advantages of residence in the above states. Only then can you decide and begin to prepare for the application.
What are Residence by Investment programs, and why do European countries need them?
The best way to move legally is to obtain a residence permit by investment in EU. You will get the coveted status through an accelerated procedure if all the requirements are met. It is convenient if you cannot wait for years to obtain permission to move. Why do the host countries provide such opportunities? Well, it attracts living money into the economy to further its development and prosperity.
Why Consider Investment residency in the EU?
The opportunity to move to a prosperous, safe country after the cash infusion has several benefits, which are mentioned in our list:
- security: if there is political or economic turmoil in your home country, you can get protection in the European Union;
- visa-free entry to many countries, including the Schengen area;
- new business opportunities;
- favorable tax policies;
- moving together with immediate family members;
- access to education and medical care at the highest level.
There are also other advantages, which may differ when looking at the individual territorial units. Again, you can find out more about this issue at immigrantinvest.com.
Top 4 best Countries suitable for RBI in the EU
The residency programs for monetary investment allow wealthy people and their families to build a new life in progressive European states. According to the agency Immigrant Invest Evgeniya Morozova expert, it is profitable for them to provide such programs to foreigners. The countries with the most pleasant conditions for investment and relocation are listed below.
Following simple steps, you can get an EU golden visa and a temporary residence permit, and after five years, you can become a citizen. To do this, you need to make an investment of at least €500,000 in a property or invest:
- over €350,000 in scientific research;
- at least €250,000 in art, culture and historical heritage;
- from €500,000 to small, and medium-sized businesses.
It is unnecessary to reside permanently in Portugal to participate in this program. It is enough to spend a week in Portugal every year. After five years, you can apply for more substantial rights. It would be best to remember that knowledge of the language is a prerequisite. The processing time of the application is from a quarter of a year to six months.
It is necessary to purchase real estate worth at least €500,000, shares of a local company, or bank deposits of at least €1 million to participate in the EU golden visa programs. In addition, you can contribute to the Spanish public debt of at least €2 million. It will also be necessary to pay some fees, prove no problems with the law, to confirm his good health. In the case of a favorable government decision, the applicant can legally move to sunny Spain to work and study. The application is considered more prolonged than in other places: the process can take up to a year.
Republic of Malta
Options for obtaining a golden visa and the privileges of citizenship on favorable terms are the following:
- the purchase of real estate for €350,000 or rent for €12,000 per year;
- €600,000 investment in a Maltese development fund (passport after 3 years of residence);
- investment of €750,000 in a local development fund (passport after one year of residence);
- a charitable donation of €10,000.
The investor may include his immediate family in the application. The processing time is minimal: from 1 week to a month, but everything is individual.
There are no language or residency requirements. However, to obtain residency by investment in Europe, the applicant must live in Greece for at least seven years and invest €400,000 or more in government bonds, one of the companies, or make that amount in a bank deposit. It is also possible to invest €250,000 in real estate. Visa may include a partner, minor children, and parents.
If the investor has lived in the country for seven years, he can apply for citizenship status. It gives him several undeniable advantages for a worthy life in the state of the European Union.
So, residency status for investment is an objective way to move to a peaceful, secure, developed country in the shortest possible time to change your lifestyle, study, start new businesses, and other opportunities not available in your home country.
The list of actions we have described is the fastest and best way to obtain a document in a country that is comfortable for you. In addition, the desired status will increase your freedom of movement, protect your assets and ensure residence in the state with a high standard of living and quality of necessary services.