EU Golden Visas: High-Net-Worth Investors are on the Move

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With Europe and the rest of the world slowly recovering from the global financial crisis, certain countries have been hard at work at popularising the investment citizenship and residency opportunities allowing investors from around the world to purchase properties or start up business abroad in exchange for dual citizenship privileges.

The Golden Visa programmes are gaining popularity with non-European investors who are looking to secure residency in certain prominent countries, and travel visa-free in the Schengen zone. With numerous esteemed locations around Europe offering golden visa programmes for business immigration, we have comprised a list of the best cost-effective choices in terms of living standards, investment amount, and business opportunities.

Hungary

Hungary is the hidden gem of Europe that is slowly rising to prominence as a promised country for entrepreneurs, business leaders, and families, owing to its rising start-up ecosystem, excellent education possibilities, relatively low corporate income, and much more. Given the fact that the country is a full member of the European Union and the Schengen Zone, various residency privileges apply.

You would be able to travel visa-free within the zone and invite your family to join you in your new place of residence upon acceptance. With the minimum investment amount set at EUR 200,000 and the real estate market more than favourable, Hungary is a great citizenship-by-investment option to consider.

Malta

The thriving Mediterranean archipelago nestled between Sicily and the North African coast is not only an avid traveller’s paradise, but it is also becoming the new residential centre of Europe. Malta is a full member of the European Union as well as the Schengen Zone, a small paradise with excellent air links to the rest of the world, and a place of pure peace, beauty, and multiculturalism.

Business leaders in particular are taking an increasingly greater interest in Malta as a place of many start-ups and business opportunities, usually located in the Harbour region and the capital of Valletta. The Maltese golden visa program offers full residency with all privileges for an investment amount of EUR 290,000 put into donations, bonds, and real estate.

Cyprus

Cyprus, a beautiful island country located between Europe, North Africa, and the Middle East in the Mediterranean, is highly-praised for its high residency approval rates and fast processing. Among numerous education and residency benefits, you are also not required to live on the island once your application has been approved. During processing, you will have to travel there a single time.

With the country soon to be granted its Schengen travel rights, business investors can start planning their residency by looking for real estate options with a minimum EUR 300,000 investment amount, plus a single EUR 30,000 bank deposit.

Portugal

Portugal is one of the most popular travel and holiday destinations in Europe due to the country’s warm climate, rich cultural heritage, and diverse cultural ecosystem. But beyond the numerous living benefits, Portugal is also a place where business owners and entrepreneurs can find their place under the sun. The country is a Member of the European Union with full visa-free travel rights within the Schengen Zone.

After six years of residency, you will be able to apply for citizenship, which will allow you and your family to travel visa-free to more than 150 countries around the world. The minimum investment amount is EUR 250,000 put towards either real estate, business development, or as a donation. Additional fees start from EUR 20,000.

Belgium

A true testament to the multicultural influences throughout the ages, Belgium is a “museum country” famed for its medieval towns, Renaissance architecture, but also as the headquarters of the European Union. Being one of the most influential countries in the world, Belgium’s residents enjoy numerous benefits such as high quality of life, immaculate urban sanitation, excellent education, virtually non-existent crime, and a plethora of start-up and business opportunities.

The country IS the European Union, and by investing EUR 500,000 in the business industry, you and your family will have full residency rights that will allow you to travel visa-free in the Schengen Zone in Europe. Obtain Dutch citizenship, and you will be able to fly to more than 150 countries worldwide.

With the golden visa program gaining in popularity among business leaders looking to optimize their taxes, consolidate resources, and expand their brands to new markets, it is no wonder that Europe is slowly becoming the business epicentre of the world. These five prominent countries are the best options to find your new permanent place of residence.

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Friday, 16 November 2018
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