Residence permit in the EU country for the whole family. In Portugal, Greece, Malta and Cyprus, there are investment programs for obtaining residence permits and permanent residences. To become a resident of one of the countries, an investor buys real estate, opens a deposit in a bank, invests in a business or cultural heritage of the country. The options depend on the program.
The investor can add his family members to the application for a residence permit or permanent residence: a spouse, children and parents. Investment program requirements for participants vary. For example, the investor’s children under the age of 26 can obtain a residence permit in Portugal. Greece allows children under 21 to participate in the program together with the investor.
The EU countries with the investment programs
Visa-free travel across the Schengen area. Residents of Portugal, Greece and Malta travel within the Schengen area without visas and can stay in other countries for 90 days for 180. Cyprus is only part of the European Union so Cipriot residents need a Schengen visa which can be obtained in just one or two days.
An additional income. European real estate is a liquid asset. Over the past 10 years, house prices in the region have risen by 30%, according to Eurostat.
Real estate investment is a returnable option for all four programs. This means that an investor can sell objects and return the invested money in five or more years, depending on the country.
Other opportunities available to EU residents:
to quickly open accounts in reliable banks;
to study in top European universities;
to be treated in the best clinics in the region;
the prospect of obtaining EU citizenship.
Immigrant Invest is a licensed agent who helps to obtain a residence permit in EU countries. If you want to live in a European country or travel freely within the Schengen area, seek advice from investment programs experts.