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EUROPEAN GOLDEN VISAS
Golden visas offer a fast-track route to residency or citizenship for individuals who invest significant sums in a country. Over 80 nations worldwide, including many in the European Union (EU), provides these schemes to attract foreign capital, often through real estate or business investments. Many countries have seen high demand, leading to long waiting lists. Smaller nations like Vanuatu and St. Kitts and Nevis rely on citizenship-by-investment programs as a major source of foreign revenue.​ While golden visas have been hugely popular for those seeking better opportunities or political stability, they have also sparked concerns. Issues like money laundering and driving up local property prices have caused some governments to tighten or even close their programs. Spain is moving to phase out applications due to housing affordability, Portugal has already closed its real estate program, and the Netherlands ended its scheme in January 2024. Others have followed suit.
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Costs of Golden Visas and Current Opportunities...
Golden visa costs vary significantly depending on the country, and investment type. Here's a look at some of the current programs:
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Malta – Offers citizenship through an investment starting at €690,000. Applicants can become citizens in 12 to 36 months.
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Hungary – Plans to reintroduce its golden visa scheme in July 2024. Investments start at €250,000 for real estate, €500,000 for residential property, or a €1 million donation to education.
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Italy – Requires a minimum investment of €250,000 through an Italian company. This visa also allows for family inclusion and access to tax benefits.
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Greece – Offers one of the fastest routes to residency, with applications processed in 60 days. The investment threshold is set to increase to €800,000 in high-demand areas like Athens, and €400,000 in others.
How We Can Help?
Navigating the world of golden visas can be complex, with changing rules and varied costs. We specialise in helping clients find the most suitable and cost-effective routes to secure residency or citizenship through investment. Complete our contact form so we can discuss your case.