Residency through investment or Golden Visa programs grant wealthy individuals and families a residence permit in a foreign country in return for their investment. On the other hand, Citizenship and Golden Passport programs provide investors with lifetime citizenship and golden passport of the country in which they have invested in.
Most popular EU Member States that issue Golden Visas or Residency by Investment programs include Greece, Portugal, and Malta. Families and high-net-worth individuals have the option of relocating to the country, however it is not mandatory to live there in order to maintain or renew the residence permit. Nevertheless, investors need to visit the country once for biometrics. In order to receive citizenship in a certain EU State via a golden visa program like Greece, the investor must actually live and spend a specific amount of time in the country. The investor is looking at seven years of continuous residency to be eligible.
Golden Visa programs are another way of obtaining a European passport in return of an investment. Investors and rich families do not need to live in the EU State in which they invested in order to receive citizenship. For example, Portugal Golden Visa program grants citizenship five years after making the initial investment.
Bluemina provides legal consultancy services when it comes to golden visa programs, helping hundreds of non-European families receive their permanent residency cards.
Wealthy individuals and families buy property abroad for a variety of reasons, such as having the option of relocating and living in the selected country at any time, as well as the right to work, study and receive healthcare in the new country of residence. Golden Visa or Residence by property investment programs can provide high-net-worth investors with these benefits, and more.
Residency by property investment programs like Malta, Portugal and Greece offer investors and families freedom of movement within Europe’s Schengen Area, as well as a pathway to safety, security, and excellent standards of living.
For instance, acquiring a premium real estate and property in Greece through the Golden Visa Program allows non-EU investors and wealthy families to obtain permanent residence permits in Greece within six months only, and may be renewed every five years when maintaining the property. Malta Permanent Residence by property investment on the other hand, is a reasonable option for applicants looking to receive Maltese lifetime residence certificate and permit within eight months.
The residence permit by property investment in Portugal offers investors favorable terms; where they can choose a commercial approved real estate option and include in the same application spouse and financially dependent children under the age of twenty-five, as well as parents above the age of fifty-five. The investment property can be selected remotely.
Hundreds of thousands of non-EU families and wealthy individuals successfully obtained their Residence permits and Golden Visa through investment from European countries like Austria, Switzerland, Portugal, Italy, Germany, Greece, Spain, Cyprus and Malta, allowing them to relocate and live in a safe country with high quality of life, as well as enjoying the many benefits like visa-free travel to the Schengen area, tax optimization, and in some cases the option of becoming a full citizen:
Bluemina Citizenship and Residency helped many high-net-worth individuals and families obtain Golden Visa and Permanent Residency cards in Portugal, Greece, Malta and Cyprus since the mid-nineties.
To qualify for any of the European Residency and Golden Visa programs, the investor can apply directly through an authorized and government-approved agent like Bluemina, and must fulfil specific requirements:
Summarized below are the Golden Visa application process steps: