To obtain citizenship, residence permit or permanent residence by the purchase of real estate, applicants need to take part in the state investment program. Foreigners will need to meet investment conditions, pass a Due Diligence check, and confirm the legality of their income.
The government of each state sets its own requirements for the minimum real estate price.
Turkish citizenship — investment starts from $400,000. Investors can purchase housing or commercial properties, a plot of land, or a share in a real estate project. After three years, the property is allowed to be sold.
Portugal residence permit — investment starts from €280,000. This amount is provided for the purchase of a property older than 30 years in a sparsely populated area of the country. If an investor wants to buy a newer residential or commercial real estate, they need to buy a property worth at least €500,000 in other areas.
Malta permanent residence — investment starts from €300,000. To obtain permanent residency, investors can buy a property worth:
at least €300,000 in the south of Malta or Gozo Island;
at least €350,000 in other regions of the country.
Investors also have the right to rent real estate for €10,000 or €12,000 a year, depending on the region. You will need to rent the property for five years.
Cyprus permanent residence — investment starts from €300,000. An investor can buy one or two new properties. They also pay VAT of 19%, but if they buy a single home to live in, the rate is reduced to 5%.
Examples of properties in Malta
Immigrant Invest is a licensed agent for government programs in the EU and the Caribbean. If you want to become a resident of Portugal, Cyprus, or Malta or get Turkey citizenship, please consult investment program experts.
72 m² — 327 m²
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