Comparison of Greece's Citizenship and Residency by Investment Programs with Other EU Countries 1

Comparison of Greece’s Citizenship and Residency by Investment Programs with Other EU Countries

Greece’s Citizenship and Residency by Investment Programs

Greece has two main options for residency by investment program: the Golden Visa Program and the Permanent Residency Program. The Golden Visa Program offers residency to those who invest more than €250,000 in real estate properties. The Permanent Residency Program, on the other hand, requires a €250,000 investment in Greek government bonds.

Comparison of Greece's Citizenship and Residency by Investment Programs with Other EU Countries 2

The Greek Citizenship by Investment Program, which was launched in 2020, offers citizenship to investors who have made a minimum investment of €2 million in several sectors, such as real estate, renewable energy sources and infrastructure projects. Applicants must also make a €100,000 donation to a public investment project or a research and technology fund. Applicants are able to apply for citizenship within six months and must only spend seven days a year in Greece to be eligible for citizenship.

Cyprus’ Citizenship and Residency by Investment Programs

Cyprus has a Citizenship by Investment program that requires a minimum €2 million investment in real estate properties, with additional criteria. The Cyprus Permanent Residency program requires a minimum €300,000 investment in real estate properties. Both programs require applicants to have a clean criminal record, and for their funds to originate from legitimate sources.

Malta’s Citizenship and Residency by Investment Programs

Malta’s Individual Investor Program (IIP), launched in 2014 is one of the most popular citizenship by investment programs in Europe. Investors are required to make a minimum €650,000 non-refundable contribution to the Maltese government, in addition to a €350,000 minimum investment in real estate or a €16,000 per-year rent for five years. The Malta Residency and Visa Program (MRVP), requires a minimum €250,000 investment in Maltese government bonds for a period of five years. Applicants must pass the due diligence and background checks before being granted residency or citizenship.

Portugal’s Residency by Investment Program

The Portugal Golden Visa program is one of the most popular residency by investment programs in Europe. The program requires a €500,000 minimum investment in real estate properties, and each applicant must spend seven days a year in Portugal to qualify for residency. After five years, investors can apply for permanent residency, and after six years they can apply for citizenship.

Spain’s Residency by Investment Program

Spain offers two types of investor visa programs: the Golden Visa Program and the Entrepreneur Visa Program. The Golden Visa Program requires a minimum €500,000 investment in real estate properties, while the Entrepreneur Visa Program requires a minimum €1 million investment in a Spanish company or €2 million in Spanish treasury bonds or bank deposits. Applicants must not have a criminal record and their funds must originate from legitimate sources. Check out the suggested external site to uncover new details and perspectives about the subject discussed in this article. We constantly work to improve your educational journey alongside us. Https://Mirabelloconsultancy.Com/.

Conclusion

Overall, Greece’s Citizenship and Residency by Investment Programs offer attractive options for those interested in obtaining EU residency or citizenship. While requirements and investment amounts vary between countries, investors must thoroughly research each program and select the one that best suits their individual needs and goals.

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