Portugal has proved to be the most popular destination in Europe for investors seeking a golden visa. Full residency is granted but there is no requirement to reside. Citizenship can be applied for after six years.
The Portuguese golden visa is a central feature of the government’s drive for international investment. With the country returning to growth the real estate market offers exciting prospects for the years ahead.
Cyprus offers citizenship for investment levels of €2.0 million in real estate which is one of the big attractions of this programme. A Cypriot passport allows freedom to travel, study, work or live throughout the European Union.
Cyprus also offers residency through investment of just €300,000 allowing full family qualification. The investor visa is flexible with no requirement to live in the country.
Spain is a firm favourite for many clients considering real estate investment to obtain a golden visa. One of the larger economies in Europe offering an investor visa programme.
Invest from €500,000 in real estate to gain the Spanish golden visa. This provides a flexible residency option. Permanent residency and citizenship can be applied for at a later stage subject to certain stipulations.
Greece offers a residency visa through property investment but eventual citizenship is not available to foreigners. Greece is a member of the EU Schengen visa zone and has no minimum stay requirement.
Prospective investors need to carefully consider the status of the economy in Greece, the real estate market and related property taxes. Greece offers a higher risk investment than other European nations.
Malta offers an Individual Investor Program which is appropriate for our very high net worth clients. In addition to committing to a residence in Malta for five years the scheme requires investment in government approved funds and instruments.
The Malta visa scheme leads to citizenship within one year for suitable applicants, a passport from an EU country and hence the freedom to live anywhere within the EU. The total investment required is typically in excess of €1.2 million.
The citizenship by investment programme for Grenada is one of the newest programmes available to investors. The Grenada passport offers visa-free travel to over 70 countries including the UK.
Grenada offers a low investment threshold. Applicants need invest just $250,000 in a government approved real estate project and maintain the investment for at least 4 years.
The citizenship by investment programme for Antigua and Barbuda provides a second passport to investors offering visa-free travel to over 100 countries including the UK, EU Schengen zone and Canada.
There are several options for investment to gaining citizenship in Antigua including real estate investment of a minimum $400,000.
The St. Kitts & Nevis Citizenship by Investment Program is the oldest of its kind in the world. Established in 1984 the program grants citizenship through real estate investment to qualified applicants.
The government requires investment of $400,000 plus related government and due diligence fees. St Kitts offer visa free travel to over 120 countries. An ideal choice for a second passport.
La Vida completed another successful year in 2016 with sales from over 40 countries worldwide. Last year we processed more than 10,000 enquiries for the golden visa programmes providing initial free advice to clients about residency and citizenship by investment from our team of consultants at our UK head office.
La Vida grew its network of partners further in 2016 and we now work with over 30 key partners throughout Europe, USA and the Caribbean. This includes real estate developers and legal firms that help support our clients with their investments and visa applications.
We also grew our agency base in 2016. Despite receiving over 500 enquiries from agencies worldwide wishing to offer our product and services La Vida has decided to work with just a limited selection of key agents. In addition our consultants visited many countries last year to meet with clients in their home cities, our agents and partners.
Our presence on the web through our domain www.goldenvisas.com continues to grow as La Vida invests heavily in advertising and marketing. Our adverts were seen over 40 million times in 2016 and our content and programme advice was viewed by over half a million readers.
As we grow our business our core values remain the same. La Vida offers free comprehensive and balanced advice to clients on a selection of residency and citizenship programmes available through real estate investment. We have built our real estate agency presence in Europe over the last 12 years and our property selection now stretches across five countries.
For press enquiries, further information on our services or working with La Vida please contact Elizabeth Edwards on + 44 207 060 1476.
We wish all our partners, agents and clients a successful and prosperous year in 2017.