What is a Golden Visa by Property Investment?
A Golden Visa is a citizenship by investment or residency by investment program.
If you apply for a Golden Visa, you and your immediate family members (spouse and children) will receive residence permits which can be renewed indefinitely as long as you maintain the investment.
Often there is little or no requirement to live in the country that issued the Golden Visa, so you do not need to relocate to another country unless you want to.
However, if you wish to get permanent residence or citizenship by investment, most countries will require actual residency varying between five to ten years.
A Golden Visa for an EU country is particularly desirable because it allows the holder (and their family members) freedom of movement throughout the entire Schengen Zone and if the Golden Visa eventually leads to EU citizenship, the resulting passport will offer visa-free travel to over a hundred countries in the world, depending on the issuing State
Here are some of the countries currently offering Golden Visas through property investment
Portugal Golden Visa Through Property Investment
Please Note: From July 2021, if you choose to purchase property in metropolitan or coastal cities such as Lisbon or Algarve you will not qualify for a Golden Visa because the Portuguese government is hoping to increase foreign investment in low-density areas of the country.
The popularity of this visa is due to its relative simplicity and you only need to spend seven to fourteen days per year in the country, it is available to non-EU nationals who purchase a property worth at least €500,000. If you receive a Golden Visa, you become eligible for citizenship after five years, but there is no requirement for you to live in Portugal during that period to acquire citizenship via the Golden Visa route.
You can choose to Invest €350,000 in a property in a Portuguese urban regeneration area or if you invest in a low-density area, the investment amount is €280,000, professional advice is required to ensure the property qualifies for the lower investment amount.
Spanish Golden Visa Through Property Investment
Turkish Golden Visa Through Property Investment