Free yourself and broaden your options. There are many benefits to dual citizenship; residents of many countries are immediately.
Spain offers family residency to the investors who are willing to contribute an amount of €500,000 to its real estate. It is known as Spanish Investor Visa and one may renew it every two years. Once the investment is maintained over a period of five years, the applicant becomes eligible to apply for permanent residence status in Spain. This programme was introduced in the year 2013 and a good number of investors have been able to benefit from it. After ten years the person may also apply for Spanish citizenship, which is a great advantage of this programme.
The Golden Visa
The temporary residency permit to live in Spain is also known as the Golden Visa. The applicant doesn’t need to stay in Spain to have this visa renewed after every two years. But to gain citizenship and permanent residence status, the applicant and his family would be required to live in Spain. Other countries like Portugal do not impose this condition on their immigrants and therefore their immigration programmes are more beneficial.
To obtain the Golden Visa, the applicant must make a minimum investment of €500,000. The following benefits are observed once this visa has been granted to the applicant;
Investment in Real Estate
One of the considerations for any investor when they are buying real estate in a foreign country is whether it will be beneficial in the coming years. The prices of real estate properties in Spain have declined in recent years but they have the potential to soar in the years to come. Therefore any investor who wishes to buy real estate in Spain has huge potential for maximum ROI. The investment could be made for a variety of reasons. The investor may want to obtain the Golden Visa or may also wish to live in the country or use it as a rental property. The amount of investment depends on these factors and the investor must make an informed decision.
The golden visa programme is offered by many other countries in Europe. The minimum amount of investment might be different in all these countries. You need to study their programmes carefully in order to choose the best programme that meets your financial needs and is also suitable to your current lifestyle and future plans.
Chepyng helps people make wise decisions when it comes to choosing an immigration programme and gain residency of a foreign country through residency by investment. They have experts with hands-on experience of living and working in not just Spain but also many other European countries like Greece, Portugal, Cyprus and Malta. They are here to give you sound advice on how to apply and take necessary steps to settle down in a new place if you decide to leave your homeland and migrate to that country for a better life.Request Quote