Where to invest in Europe for a residency permit from South America?
Published at: 30/06/2020 12:00 pm
Do you want to move from South America to Europe? Let's compare the most popular residency by investment schemes! Europe is waiting for you, offering excellent security, education and health care!
Perhaps, the most apparent EU Member States for South Americans are Portugal and Spain. Knowing the local language helps a lot to start a new life or business in Europe. If you wish to move to Portugal, then it's your chance to invest now! Because of the coronavirus, the real estate prices are falling, and now you can find much better options than during the previous years. Also notice, that the regulations of the Portuguese Golden Visa Program (ARI) will change from 2021 and the traditional flats in the trendy neighbourhoods of Lisbon and Porto will be not eligible for the investors' immigration scheme. Click here for the detailed information about the Portuguese Golden Visa Program! It is not a coincidence that the Portuguese residency by investment program is accessible, you can become an EU citizen through this scheme, even without residing in Portugal. (Minimum amount of investment: 350,000 euros)
How long does it take for investors to become Portuguese citizens through the residency by investment program?
Meanwhile, in Spain, the legislators suggested lowering the minimum threshold of investment from half a million euros so that more investors could obtain the residence permit.
How long does it take for investors to become Spanish citizens through the residency by investment program?
Applicants from Iberolatin countries may become Spanish citizens after residing for three years in Spain.
Greece also offers permanent residence permit in exchange for a residential real estate investment. You only have to purchase a property for 250,000 euros and receive the right to live in the European Union. For newbuilt houses, the Greek government abolished the VAT.
How long does it take for investors to become Greek citizens through the residency by investment program?
Seven years.