14
Jun

The Best Golden visa programs in Europe

Golden visa programs from different EU countries grant immediate residency visa or even citizenship directly to foreign investors against a lump sum investment, no less than €250,000 in real estate, or in business & commerce. There is no requirement to live in the country after making the investment. There is a great demand for european golden visa programs from investors coming from Middle East (UAE), Asia and Africa. Note that EU/ EEE nationals are not eligible for the Golden Visa schemes as per Government rules.

We will take a quick look on all the golden visa programs available in 12 European countries.

1. Portugal Golden visa

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The following investments qualify under the portugese golden visa program:

 

Real Estate Business Research Art & Culture Investment Funds
Real estate investment: €500,000 or more Capital transfer with a value equal to or above 1 million Euros and create 10 jobs Capital transfer with a value equal to or above €350,000Euros for investing  in research activities Capital transfer with a value equal to or above €250,000 Euros for investing  in supporting the arts, for reconstruction or refurbishment of the national heritage Capital transfer with a value equal to or above €500,000 euros, for purchasing shares in investment funds or in venture capital

 

  • You will be granted temporary residence visa (renewable) to live and work in Portugal
  • Apply for Portuguese citizenship, by naturalization, provided all other requirements set out by the Nationality Act are fulfilled  (Act number 37/81 of 3 October)
  • No residency requirement (except visit Portugal once every year)
  • Freely travel in the schengen area
  • Family and children included in one application

Detail: Portugal Golden visa

2. Spanish Golden visa

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The following investments qualify under the spanish golden passport program:

€2,000,000 euros in Spanish public debt €1,000,000 euros in shares or equities of companies with business activity. €1,000,000 million in investment funds. €1,000,000 million in bank deposits Real estate acquisition in Spain of €500,000 euro or more

 

  • You will be given immediate residency in Spain under spanish golden visa Law 14/2013
  • No residency requirement (except visit Spain atleast once every year)
  • Freely travel in the schengen area
  • Family and children included in one application
  • Spanish citizenship after 6-8 years of living under spanish naturalization law.

3. Malta Golden Visa

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  • € 275,000 property investment or buy € 275,000 five year Government bond in Malta or €900,000 for direct Malta passport through Malta IIP
  • Investment required only for five years
  • Malta permanent residence card valid for 5 years (renewable indefinitely) under golden visa.
  • Free movement in Schengen zone
  • Family and children included in one single application.
  • Buying Real estate is optional and additional to above investment amount.
  • No taxes unless you are having resident status.
  • No language requirement. No business experience needed.

4. Cyprus Golden Visa

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Các hình thức đầu tư thỏa điều kiện tham gia Golden Passport theo chương trình nhập tịch đảo Síp khoản (2) điều 111A:

Golden Passport

Golden Passport

Golden Passport

Golden Passport

Golden Visa

€ 2 million euro in luxury property purchase, construction of residential/commercial projects €5 million euro in any business or tourism or infrastructure projects. €5 million euro bank deposit in a cyprus bank (personal, privately owned company, trust) €5 million euro  in bonds, securities, debentures issued by cyprus companies or organizations. Purchase of immovable property for €300,000 plus VAT
  • You will be an official EU citizen, live and work any EU member states (eg. Switzerland, Spain, Germany etc.)
  • You will be granted official EU citizenship directly by Cyprus in 6 months (very fast)
  • Family and children included under one single application.
  • No requirement to live in Cyprus after getting citizenship.
  • No taxes unless you are having resident status.
  • No language requirement. No military service.
  • Golden visa offers permanent residency in Cyprus.

5. Greece Golden visa

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The following investments qualify under Greece real estate acquis (Law 4146/2013)

Real Estate Business Investment
€ 250,000 euro in residential real estate € 3 million to 100 million euro under strategic investment creating 150 jobs in appropriate sector
  • You will be given immediate residency in Greece
  • No residency requirements
  • Freely travel in Schengen zone
  • Greek citizenship after 7 years of living in Greece.

6. Latvia Golden visa

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The following investments qualify under the Latvian golden visa scheme

Real estate Business investment Bank Deposit
€250,000 euro in real estate acquis in capital Riga + 5% state fee € 200,000 euro in business investment in a Latvian company €300,000 euro bank deposit in a latvian bank
  • You will be given immediate residence permit to live in Latvia (EU schengen country)
  • No residency requirements.
  • Freely travel in Schengen zone.
  • Latvian citizenship after 10 years of residency.

7. Hungary Golden Visa

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The following investments qualify under the Hungarian available for non-EU nationals:

Hungarian Government Bonds Real Estate Investment
Buy € 300,000 euro worth of Hungarian Government bonds in Euro (entire amount returned after 5 years with no interest) do not qualify
  • You will be given immediate Permanent Residency (PR) valid for 5 years in Hungary.
  • Freely travel in Schengen zone.
  • No minimum residency requirements.
  • Hungarian citizenship after 8 years of living.
  • Program closed on March 31, 2017

8. Netherlands Golden visa

 

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The following investments qualify under the Netherlands golden visa program (aka foreign investor program):

Business Investment Venture Capital
€ 1,250,000 euro investment in an innovative single dutch company or joint venture. Invest in a € 1,250,000 euro venture fund or venture capital recognised by the Dutch Minister of Economic Affairs
  • You will be granted immediate residency in Netherlands to do business.
  • Freely travel in Schengen zone with Dutch residence permit.
  • No minimum residence requirements.
  • You can qualify for PR or Citizenship after 5 years of living in Netherlands.

9. Irish Golden visa

 

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The following investments qualify under the Irish golden visa program:

Irish Bonds Enterprise Investment funds Real Estate Mixed Endowment
€ 1million euro invested in the Government approved bond at 0% interest rate €500,000 euro invested in an Irish Enterprise for 3 years €500,000 euro invested in an approved  investment fund €2 million euro in any Irish REIT €950,000 worth of Real estate + Bonds mixed €500,000 philanthropic donation in a project
  • You will be granted Irish residency.
  • No minimum residency requirements.
  • Irish citizenship after 5 years of legally living.

10. UK Golden visa

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The following investments qualify under the UK golden visa program (entrepreneur visa or tier1 investor)

  1. UK entrepreneur visa (£ 200,000)
  2. UK tier-1 investor visa (£2,000,000)
UK Government Bonds Share Capital or Loan Capital in UK companies ILR Settlement status
£ 2,000,000 pounds £ 2,000,000 pounds in 5 years
£ 5,000,000 pounds £ 5,000,000 pounds in 3 years
£ 5,000,000 pounds £ 10,000,000 pounds in 2 years
  • You will be given immediate investor visa to live in the UK.
  • You will be allowed to work or study in the UK.
  • You will get UK citizenship after 5-6 years of living in the UK.
  • You must satisfy residency requirements (live 80% of time in UK)
  • No language test.

11. Bulgaria Golden visa

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The following qualify under the Bulgarian golden visa program. Please note that Bulgaria is not yet a schengen country (at the time of writing this article)

 

Business Capital Bulgarian Government Bonds
€512,000 euro (PR immediate) €512,000 euro maintained for 5 years (PR immediate
€1 million euro (fast track citizenship) €1 million euro (fast track citizenship)
  • You will be given Permanent residence card first.
  • Bulgaria passport gives full EU citizenship possible after holding PR card for 1 year.
  • No residence requirements.

12. Italy Golden visa

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The following investments qualify for italian golden visa under 2017 Budget Law, were discussed and approved by the Italian Parliament on 7 December 2016 and made effective as of 1 January 2017

Business Government bonds Public Interest
EUR 500,000capital investment EUR 2 million in Italian government bonds (fully refunded after 5 years) EUR 1 million in projects such as culture, education, immigration management, research and development, arts and heritage
  • You will be given residence permit to live in Italy (Rome, Milan, Florence)
  • You can live, work anywhere in Italy
  • You can freely move around 26 schengen states (France, Germany, Switzerland etc)
  • You can get permanent residence after 5 years of living.
  • You can get Italian citizenship after 10 years of living.

There are no golden visa programs in France, Germany, Belgium, Switzerland, Austria etc..

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