Several countries from the index offer foreigners temporary residence permits by investment. That way, families can live, study, and do business in these countries.
Countries from the ranking that have residency programs
Vienna has one of the highest safety scores in the index, as well as high happiness and walkability scores.
Austria offers a residence permit to financially independent persons. Investors receive a residence permit by investment according to quotas. The government allocates a limited number of quotas, usually 450.
The minimum investment is €100,000. Processing takes at least 3 months. Investors need to have a stable income outside of Austria, be able to buy or rent a house in the country, have health insurance, and know German at a basic level.
Madrid and Barcelona have decent scores in safety, family-friendly activities, and walkability. Both cities have one of the lowest monthly living costs per family compared to other EU countries from the index. Both provide long statutory parental leave.
Spain has a residency program that requires a minimum investment of €500,000. Investors and their children can move to the country and get access to private and public education, healthcare, entertainment, and more.
Processing of Spain Golden Visa applications takes 5 or more months. Applicants are not required to demonstrate proficiency in Spanish or take Spanish history tests. They become eligible for citizenship in 10 years.
Istanbul is a safe city with many activities for children, great walkability, and lower-than-average monthly spending per family. Thanks to universal public health insurance, families rarely pay for healthcare services out of pocket. The vaccination score is also high.
Turkey offers citizenship by investment with a minimum threshold of $400,000. Investors obtain citizenship for the entire family in 8 months, and dual citizenship is allowed. No language or history tests are required.
Rome and Milan may have lower average scores, but they score decently when it comes to safety and walkability. While Milan has an average number of family-friendly activities, Rome has the highest score in the index in that regard.
Italy provides residence in exchange for investing €250,000 or more. The investment program allows the principal applicant to add the family. The family can live and study in Italy, and tuition fees in local universities will be lower for the investors’ children.
Residence permits are usually issued in 4 months. In 10 years, the entire family can become citizens of Italy.
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