Countries that grant residency when purchasing a property
July 11, 2024
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Many investors wonder about what countries give residency when buying a property in them, as many countries around the world are dealing with economic crises to improve them when using the naturalization program by investment, which is intended to invest real estate within the country that provides citizenship, knowing that these countries are working to attract investors and provide a better future for the investor and his family as well. Therefore, in this article, we will talk about these countries that give citizenship in exchange for investment and the details of real estate investment and the conditions of naturalization in general, follow us.
Which countries give residency when buying a property?
Among the most and best countries that give citizenship by investment and buying real-estate in are:
Malta
Malta is located in the Mediterranean Sea, its economy depends mostly on tourism and trade and is one of the countries where there are stable systems that make its economy more prosperous, it is the most place to attract investors and gives citizenship through real estate investment by at least 320 thousand euros or even by renting a property with an annual rent of at least 16 thousand euros, The Malta passport entitles you to 183 countries around the world.
Portugal
Portugal is located in the southwest of Europe, bordered to the north and east by Spain and to the south and west by the Atlantic Ocean.
Portugal offers many people the opportunity to obtain its citizenship through the Golden Visa program, as the Portuguese economy is considered the most diverse around the world, as it depends on many services, industries and agriculture.
It gives the option of investment to individuals interested in obtaining citizenship and they can do so through real estate investment, which one of its conditions is that the value of the property is not less than 500 thousand euros or even by investing in a property dating back to 30 years in order to be reconstructed and with a value of not less than 350 thousand euros, and then the investor can obtain Portuguese citizenship after 5 years of obtaining permanent residence, note that the Portuguese passport entitles people to enter 186 destinations around the world.
Spain
Spain is located specifically in southwestern Europe, it is a suitable location to attract many investors around the world, and international interest in Spanish ownership is still very high, knowing that one out of every five houses bought in Spain is by a foreigner, there is a real estate investment program in Spain, through which you can obtain Spanish citizenship through the Golden Visa or Golden Visa programs, Which allows the investor to apply to immigrate to Spain for a long time through real estate investment, which is the purchase or even ownership of a property for an amount of at least 500 thousand euros, real estate investment is an integral part of the economy of the Spanish state.
Cyprus
It is one of the large islands in the world that ranks third among the islands of the Mediterranean in terms of area and is located on the trade route between the continents of Europe, Asia and Africa, and you can obtain Cypriot citizenship through two types of programs, namely the citizenship by investment program or even through the permanent residency program, the option of the citizenship by investment program must be at least 2 million euros or even by investing in Commercial properties with at least €2.5 million also
As for the permanent residency program, it is often by investing in a property whose price is not less than 300 thousand euros.
Note that one of the most important features of the Cypriot passport is that it allows entry to 173 destinations around the world and allows individuals to obtain dual citizenship and more as well.
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Greece
Greece is located in the south of the European continent in the southwestern part of the Balkan Peninsula, known as the brightest country in Europe, where more than 250 sunny days per year, it is the most attractive place for tourists and investors from around the world, the Greece program for permanent residency has been established, more commonly known as the Golden Visa or Golden Visa program. The investor can obtain Greek citizenship, which entitles all its holders to enter 183 countries, and this is through the real estate investment program in Greece, which can be obtained by investing in a property or a group of real estate in Greece regardless of its type, and with a value of not less than 250 thousand euros, through which the investor obtains permanent residency, which is about 5 years and without the condition of residence in Greece during the same period.
Turkey
Turkey is located in the Middle East and part of it is located in the Asian continent and the other part in the European continent , it is famous for its multiculturalism and tendencies mostly to Islam , so many people have become interested in investing and living and settling in Turkey , especially the Arabs , the immigration by investment program has been launched in Turkey which allows people and their families wishing to live and work in Turkey to obtain Turkish citizenship within several procedures not exceeding a period of 6 months, which It is more through real estate investment, provided that its price is not less than 250 thousand US dollars or its equivalent in foreign currency or even the Turkish lira, it is also conditional on not selling it for a period of not less than 3 years from owning it.
Real estate investment affects the economy of all countries and their growth and political stability also significantly, and real estate is the most growing and profitable sector in the world, if you are also one of those wishing to obtain the citizenship of another country and by buying a property, you are looking for stability and safe living in addition to many reasons as well, you can inquire about what you want in this matter by contacting us at Skyline Real Estate.
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