Those who are planning to move out for any purpose, whether for education, business or work, it’s easy to get there with various immigration and visa programs. Once you have moved to the destinations, you would be later on planning for permanent residency.
Have you ever planned to own a property there? No! You will be amazed to hear this but yes there are some countries where you can buy a property and get a permanent residency. The program is commonly known as the “Elite Residency” under which you can buy a property in the country and gets you a permanent residency there.
The United States of America
The USA conditional resident status (known as a green card), leads to a U.S. passport. The EB-5 Immigrant Investor Program does require a sizeable investment your stake is not held indefinitely. You must meet and maintain a USD 500,000 or USD 1m investment in good faith for a two-years conditional residency period, but once you’re granted permanent residency you can pull your investment you prefer.
Canada
In order to attract wealthy business people to the country, the immigrant investor’s program means you can gain permanent residency. You need to demonstrate proper business experience, must have previously managed or operated a qualified business for a maximum of 2 to 5 years preceding your application.
UK
To own a property in this country, you must be 10 years or above and outside the European Economic Area and Switzerland. The visa allows you to stay for 3 years, 4 months that can be extended further for 2 years. You will have the benefit of applying for British citizenship once you have sent 6 years or more.
Portugal
To gain residency in a beautiful destination, there is a “Golden Visa” program. To fit for this program you need to transfer at least €1 million into a Portuguese bank account or approved investment option.
Spain
Spain provides citizenship under the “Golden Visa Program”. The applicant should have a minimum investment of €500,000 in real estates and eventually, the applicant can request permanent residency after five years and citizenship after 10 years.
Greece
To stay in this beautiful destination you need to have an investment amount of € 250,000 in greek properties. With the extra benefits of its natural beauty, you could experience a lot of financial benefits passed by the government.
Bulgaria
Under the 1 investment option, one can fulfill the dream of living in this beautiful destination. the option is to fill a bond with the government for 5 years with the investment amount of 448,443. the investments must behold for at least 2 years after the citizenship is granted.
Malta
Malta currently offers the option of the nonrefundable contribution of at least €650,000 to national Development and social fund, purchase of €150,000 in government stocks/bonds and a property transaction that includes the purchase or a rental minimum of 15,000 for 5 years.
Latvia
A minimum of €286,000 over a period of five years in a credit institution. There are also options to apply for the residence permit through the purchase of real estate or interest-free government bonds.
Turkey
According to the CBI index, the country offers three years of investment. Other options include the purchase of property valued at $1million, a deposit of $3million into a Turkish Bank or invest $3 million in government bonds.
Montenegro
Although the program is limited to the 2000 applicants/ year, there are two options for citizenship by investments in this beautiful destination. also, there’s an additional fee of €100,000 per application, which is paid to the government
Vanuatu
The Vanuatu Contribution Programme is active citizenship by investment schemes, but under the development support program, one cannot vote or participate in political life.
In that way, you have a permanent residency along with a property which is definitely a wise decision to have. Reach2world has the manpower to let you take this decision with the guidance of each and every criterion without any doubt in your head.
Own a property in your destination…