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Guide to European Golden Visa Programs: 5 Best Options and Investment Requirements

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European Golden Visa Programs (1)

European Golden Visa Programs open a multitude of opportunities for investors. The most convenient way to obtain the European Golden Visa program is to understand investment options and get a permit within 3 to 6 months of time. The appeal to EU golden visa is not just an access to visa free travel in the Schengen area but also a pathway to European visa. In this comprehensive guide, we will explore European Visa Programs along with best investment options and requirements. 

  1. Portugal Golden Visa Program

Portugal Golden Visa Program  is the best of the best among the EU Golden Visa Program. The program is still completely accessible despite significant revisions. Please be aware that there is no longer any way to obtain a Golden Visa that is connected to real estate. 

Requirements

The investment funds route (minimum threshold: €500,000) and investing in Portuguese film production (minimum threshold: €200,000–€250,000) are now the finest Portugal Golden Visa possibilities.

You can seek Portuguese citizenship or permanent residence after the fifth year .Portugal possesses one of the strongest passports in the world, offering unrestricted travel to 187 nations and complete EU freedom of movement privileges.

Benefits of Portugal Golden Visa Program

  • High quality of life and a standard of living for the investors and their loved ones.
  • Multiple investment options which can be considered as the cheapest golden visa Eu. starting from as little as $250K
  • Pathway to Portuguese Passport within 5 years. 
  • There is no requirement of a minimum stay.

  1. Malta 

One in the most well-liked EU programs is Malta’s Golden Visa initiative, mostly because it provides the quickest path to citizenship within the union.

Requirements 

  • Within the program, you can choose between becoming a citizen in its entirety after 12 months or after 36 months. The one you choose will rely on your spending limit.
  • It is €600,000 (plus €50,000 for each family member) for the 36-month path and €750,000 (plus €50,000 for each family member) for the 12-month option.

Benefits of Malta Citizenship Program 

  • Malta’s Golden Visa program has an edge over Portugal’s since it offers a quicker path to citizenship.
  • Furthermore, unless you have a criminal history, the Malta program essentially assures citizenship, whereas in Portugal, you must apply and risk rejection.
  1. Spain Golden Visa Program

Within the eurozone, Spain Golden Visa scheme is another well-liked choice.

Requirements 

With a minimum real estate investment of €500,000, it grants residency privileges. Investing in a startup company and generating employment is another option; there is no minimum amount required.

Benefits 

Furthermore, in order to get Spanish citizenship through the Golden Visa program, applicants must reside in Spain and pay Spanish taxes for the full ten years.

Potential Golden Visa investors would be better suited investing in Portugal, a neighbor, rather than Spain, as it offers more channels, lower investment criteria, tax incentives, a quicker path to citizenship, and the freedom to go there or not.

  1. Greece Golden Visa Program 

Golden Visa real estate in beautiful Greece is currently the least expensive in Europe, starting at just €250,000.

Requirements 

The  government has announced plans to boost the minimum barrier to €500,000 in 2023, meaning that this would likely only apply to the most desirable neighborhoods of Thessaloniki and Athens.

Benefits 

  • The Greece Golden Visa Program has the  ability to let investors finish the application procedure entirely online is a significant perk. This was implemented during the pandemic and is still in use today.
  • The process moves along rather quickly as well; many investors receive their licenses for permanent residence in less than three months.
  1. Italy Golden Visa

Investing in Italy to obtain a Golden Visa offers the advantage of a minimal investment criterion of just €250,000. The problem is that there isn’t a real estate path. Rather, in order to reach the lowest level, you must invest in an innovative startup.

Requirements

  • You  may give €1 million to an Italian non-governmental organization, invest €2 million in Italian government bonds, or invest €500,000 in shares of an Italian limited company.
  • When you consider the 10-year citizenship process in Italy and the B1 language requirements, these options become even less enticing.

Benefits

  • Undoubtedly, unlike most other European programs, investors in the Italian Golden Visa program can receive approval for their application prior  to making the investment.
  • If all you desire is residency rights in Europe, Italy may be an excellent option among Golden Visa countries.

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