How to get the European Golden Visa?
Europe has always been a leading market for companies. This is why some European countries offer the Golden Visa to attract foreign investment to their country.
A European Golden Visa helps a businessman to develop a business in a much more convenient way. You may even want to spend your retirement life in a country where the cost of living is lower than in the United States. You can obtain citizenship by staying in the country on a Golden Visa. Depending on the country, this can take five to ten years.
Here is how you can get a European Golden Visa:
If you want to obtain a Golden Visa in Austria, you must make a significant investment in the Austrian economy. Specifically, you must invest 10 million euros in a company or contribute 3 million euros to the government’s development fund.
Unlike other EU countries, applications for Golden Visas are considered on a case-by-case basis. Thus, the rules of a Belgian Golden Visa are not clear. In general, you should invest in or as a business, not in real estate. You must invest approximately €350,000 to €500,000 within five years of successfully applying for a Golden Visa. You will then obtain a residence visa for your family.
Bulgaria offers the fastest way to become a citizen of an EU country. You will need to invest €512,000 to apply for permanent residence (PR). You have different investment options to invest this amount. After the six months required to complete the PR process, you can apply for citizenship after five years. Alternatively, you can accelerate your citizenship by investing an additional €512,000.
Germany is the economic power of Europe. And you can get his Golden Visa by investing just €360,000. You can then get a PR in three years, while your family members will get it after five years.
Greece offers the lowest investment Golden Visa program in the EU. All you need to do is invest €300,000 (taxes included) to apply for the Golden Visa. You get your residence permit only 40 days after submitting the application. You can renew the visa every five years if you maintain the real estate investment.
You can obtain Irish residency by investing €1 million in an approved investment fund. You must have a clean criminal record, good character and a net worth of at least €2 million to qualify for Irish residency.
If you are not an EU citizen, you can benefit from one of the following investment options to be eligible for the Italian investor visa:
# An innovative startup
# A company incorporated and active in Italy
# A government bond issued by the Italian Republic
# anthropogenic donations to areas of public interest such as culture, education, preservation of natural/cultural heritage or scientific research
The minimum real estate investment required for the Portuguese Golden Visa is around €250,000 to €300,000. The best part is that you can apply for PR and citizenship after five years, even while not residing in Portugal. You and your family only need to visit for two weeks every two years.
Spain launched its Golden Visa program in 2013. You need to invest €500,000 in real estate for you and your family members to obtain residency. You can renew your residency every two years without staying in Spain. You can apply for public relations after having lived in Spain for 5 years. You will be eligible for citizenship after spending 10 years in Spain. Thus, Spain is a good option for those who only want residency but are not necessarily seeking citizenship.
You do not need to buy property, invest in funds or government bonds to be eligible for a Swiss Golden Visa. You only have to pay CHF 150,000 and CHF 1 million (depending on the cantons). You can then obtain PR by living in Switzerland for at least ten years.
Did you read?
# Best CEOs in the world in 2022.
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# The richest people in the world (Top 100 billionaires, 2022).
# Case study: Warren Buffett, Bernard Arnault of LVMH, Tim Cook of Apple and Elon Musk.
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