The EU residency and citizenship programs go from €2m euros down to only £50,000 euros. But there is one, which I will reveal at the end of this video, which has no minimum investment amount at all.
So, from most expensive to cheapest, here they are:
First is Cyprus
Cyprus has two residency programs through real estate investment. The first is for permanent residency and the second is for citizenship. For citizenship, an investment of €2 million in real estate is required, plus a donation of €75,000 to the Governments Research and Development fund and €75,000 to the Land Development Organisation. This gets you citizenship within just 6 months of the investment. Cyprus is a full member of the EU, so you have the freedom to work, travel, study and live anywhere within the EU including countries such as Spain, Germany, and France. The investment can be reduced to €500,000 after 5 years but the balance must remain invested.
If you just want permanent residency, you can invest €300,000 into property. The Cyprus residency visa is granted within two months and covers the whole family. It includes parents of both you and your spouse plus your dependent children up to the age of 25. It is valid for life and can be passed down to your dependents and spouse. The investment can be in two properties as long as together they are worth €300,000 and they must be new developments.
Secondly we have Ireland
I have assisted a number of clients with this visa route. Ireland launched its original investor visa programme in 2012. You can gain Irish residency through investing €1 million in an Approved Investment Fund. The Irish golden visa programme was made available to stimulate investment in Ireland and offer residency to dynamic business professionals with a track record of success. You must have a minimum net worth of €2 million and have a clean criminal record. There is a pathway to citizenship, but you are not in a better position than any other residency holder. Citizenship can come after 5 years depending on how long you stay in the country. Ireland is a committed member of the EU and will remain in the EU after Brexit.
Spain’s golden visa programme started in 2013. An investment of €500,000 in real estate gets you and your family residency. It is then renewed every two years. After five years you can get permanent residency and citizenship after ten years. You do not have to live in Spain to keep and renew the residency visa permit, but you do if you want permanent residence after 5 years, or if you want citizenship at year 10.
Number 4 on our list is Portugal
The Portugal Golden Visa program started in 2012. For an investment of €500,000 in real estate in Portugal (or €350,000 in qualifying properties requiring development) you will get a residency permit for you and your family including dependent children. The golden visa can be renewed every two years if you spend two weeks in the country every two years. The Portuguese residency card allows you to travel in the EU Schengen zone. For citizenship, you need to develop ties with the country and pass a language test for Portugese.
The next is Greece
The Greek golden visa programme started in 2013 and gets you a five year residency visa in return for an investment in real estate. The investment level is just €250,000. You have to bear in mind taxes at 24% and fees, bringing it to around €300,000. The processing time is fast and you get the visa within about 1 1/2 months.
There is no minimum stay requirement. You can bring children up to the age of 21. It is granted for five years and renewed every five years so long as you maintain your investment in the property. You do not need to live in Greece to keep and renew the investor visa. But the pathway to citizenship is 7 years.
Last but not least is the UK
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