Residence by investment is a growing trend and a fast way to obtain a second home.
This type of residency offers many advantages, such as greater international mobility, a superior quality of life, first-rate healthcare, access to the best schools and universities, a return on investment, and much more.
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A residence permit is a legal document issued by the government of most countries, allowing a foreign individual to reside legally in the country, either indefinitely or for a fixed period.
Second residency can be obtained through a variety of means, including investment residency programs. Also known as Golden Visas, these programs enable residency through the purchase of real estate.
Other ways of becoming resident in another country include employment or enrolment in specific educational establishments. However, these methods often require long periods of residence in the country.
Having a second home is an excellent way to secure your assets and ensure a secure future for you and your family.
Although it may seem a daunting step, getting a second home is easier than you think and can be very profitable from an investment point of view. This is the case with some European investment residence programs, such as those in Malta, Greece and Portugal.
By investing a certain amount in the purchase of a property, you can obtain the residence that will enable you to travel visa-free within the Schengen area.
Each country has its own rules for its golden visa programs. In general, the law establishes a minimum period for a given amount of investment. Countries such as Portugal, Spain and Greece allow investors to obtain residency by investing in real estate.
For example, you can become a resident of Greece by purchasing a property worth EUR 250,000.
Some countries may also accept donations to arts, university or government programs. In addition to the standard requirements, you may need to provide proof of the origin of the funds and a clean criminal record.
We carry out in-depth audits to accurately assess your specific needs throughout your investment journey, to increase your chances of success.
The members of our law firm are committed to conducting an initial interview with you to fully understand your objectives. You will then be supported throughout the selected procedure.
We are committed to ensuring the success of your investment, whether through a Citizenship or Residence program. Our team strives to provide excellent service, maintaining this commitment until the end of your program's compliance period and protecting your investment assets.
Investment-based residency programs offer an alternative way to live and work in a desired country. Unlike citizenship by investment, they provide residency rights without granting full citizenship. This option can be ideal for people looking to settle in a new location for professional, educational or retirement reasons, or simply to change their living environment.
Residence by investment is not the same as citizenship by investment. Some programs may offer a pathway to citizenship after residing in the country for a certain number of years, but this is not guaranteed.
Portugal has offered one of the best residency-by-investment programs, known as the Portuguese Golden Visa. Available since 2012, this program has enabled over 11,000 investors to obtain a Portuguese residence. The country offers an attractive lifestyle, pleasant climate, rich culture and historical heritage, among other benefits. In February 2023, the Portuguese government announced the end of the program, but applications are still possible until the new law is published. Another program considered one of the best in the world is the Greek Golden Visa, which enables a non-European investor to obtain a European residence by investing a minimum of €250,000 in real estate.
This depends on the country of your choice, as each has its own residency renewal periods. Some investment-based residency programs may require annual renewal upon submission of the application. On the other hand, countries such as Portugal only require visa renewal every two years. It is crucial that the investor complies with the renewal requirements and schedule defined by the immigration authorities to maintain residency status. To better understand the renewal specifications for different visas, contact one of our experts and request a full analysis of the country in which you wish to apply. This will ensure that you stay within the law.
The term “Golden Visa” is a generic term which, depending on the country, can refer to residency or citizenship-by-investment programs.
In general, the Golden Visa and the investment residency visa are the same. The term “Golden Visa” has been popularized by the governments of several countries and the media when talking about their residency-by-investment programs, as it refers to the significant financial investment required to obtain residency.
However, there are other ways of obtaining residency, such as employment, family reunification and marriage.
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