Which European countries give permanent residency by buying a property? - Discus Holdings (2024)

Which European countries give permanent residency by buying a property? - Discus Holdings (1)

Permanent residency by investment is not citizenship; it's a different legal status that may lead to citizenship.

In the European Union, Greece, Malta, Cyprus, Spain, Portugal, Latvia and Ireland offers different residency types for third-country citizens in exchange for a real estate investment.

Portugal, Spain, Latvia and Ireland offer temporary residence permits in exchange for real estate investment. In these countries, the residents can apply for a permanent residence permit and citizenship later, usually after five years. Malta is an exception, as applicants receive permanent residency.

Except for Ireland, the qualifying real estates should be residential units (apartments or houses, holiday homes, etc.) Meanwhile, in Ireland, the requisite is to invest in a REIT.

Real Estate Investment Trust (REIT) option

Under this Investor Visa Ireland option, applicants must invest in an Irish REIT at least two million euros. A REIT is a listed company with the aim to hold rental property to mitigate investor risk yet avoid double taxation. A REIT will typically invest in a diverse pool of real estate to minimise risk and distributes most of its profits every year.

Greece Golden Visa Program (real estate investment in exchange for the permanent residency)

The EU and Schengen zone member state Greece offers its permanent residence in exchange for an investment of €250,000 in residential real estate. The primary advantages of the Greek residency by investment program are the visa-free travel and stay in the Schengen zone. Moreover, the investor and the spouse, children under 21 and even the parents can receive the permanent resident status. There is no obligatory minimum time limit to stay in Greece, and you can rent out your real estate to earn money. In Greece, the residents can apply for citizenship and Greek passports after living there for seven years.

You can read here all the necessary information about the Greek Golden Visa Program!

Cyprus Residency by Investment Program (real estate investment in exchange for the permanent residency)

Applicants for the Cypriot permanent residency by investment program must spend €300,000 and purchase residential real estate. Cyprus also includes the larger family (spouse, children and financially dependent parents) in the scheme.

Regarding the real estate investment, the funds you use to buy must arrive from foreign sources. Preferably you must directly sign the contract with the developer. Moreover, a bank loan is available, but at least €200,000 from the total price must be the investor's contribution. You must live seven years in Cyprus as a resident to qualify for the naturalisation process. You can read more about the Cypriot residency scheme here!

Interestingly, the two other most attractive EU countries with real estate purchase options under their residency by investment program Portugal and Spain grant temporary residence permits, but you can become a citizen after only living five years in the Iberic countries.

Note: Malta Permanent Residency Programme offered under Licence no.: AKM-DALL-21

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Which European countries give permanent residency by buying a property?
             - Discus Holdings (2024)

FAQs

What is the easiest European country to get permanent residency? ›

The easiest country for obtaining a residence permit in Europe is Portugal. There are options like a D7 visa for financially independent persons, a StartUp visa, a visa for retired persons, and the Golden Visa for investors.

Which countries can you buy property and get residency? ›

Countries with real estate residency options:
  • Panama.
  • Colombia.
  • Ecuador.
  • Mexico.
  • Greece.
  • Malta.
  • Portugal.
  • Spain.
Nov 23, 2022

Can I buy property in Europe to get residency? ›

The citizenship by investment process requires an investment of €2 million in real estate. Other options are investing in government bonds, a bank deposit in a Cyprus bank, or a new company. The difference of this program is that the €2 million will be invested rather than donated. Most programs require donations.

Which country gives citizenship after buying property? ›

Can you get citizenship if you buy real estate? Yes, many countries have programs that award applicants with citizenship if they buy real estate within that country. These countries are Antigua & Barbuda, Dominica, Grenada, St Lucia, St Kitts & Nevis, Portugal, Malta, Montenegro, Turkey, and Vanuatu.

What is the easiest European country to move to as an American? ›

Portugal consistently tops lists of the best places for expats to live, and in fact, the number of Americans living in Portugal rose 45% in 2021, according to government data.

What is the easiest European country to immigrate to from the US? ›

  1. Portugal. Basic language skills and at least five years of residence in Portugal are required to become Portuguese. ...
  2. Ireland. ...
  3. Sweden. ...
  4. United Kingdom. ...
  5. Belgium. ...
  6. France. ...
  7. The Netherlands. ...
  8. Germany.
Feb 1, 2022

What is the easiest European country to buy property? ›

Portugal is the easiest European country to buy property in. Those who wish to purchase property in Europe can purchase commercial property under Portugal's Golden Visa scheme.

Can I get residency if I buy property in Italy? ›

Buying property in Italy does not give owners the right to permesso di soggiorno, an Italian permit to stay. However, owning property can strengthen your application for an Italian elective residency visa if you prove you have stable and sufficient funds to support your stay without employment.

Which European countries give you citizenship if you buy a property? ›

  • Portugal, Spain, and Greece are popular among investors who want to become residents of the EU. ...
  • Malta and Turkey offer paths to citizenship, which include purchasing real estate in the country.

Can you get residency in Portugal if you buy property? ›

If you're a non-EU citizen and you invest in property worth a certain value, you can qualify for a Golden Visa residence permit in Portugal. This permit allows you to live, work, and study in Portugal, and travel freely across the Schengen area.

Where can I buy a house in Europe and get residency? ›

Several European countries have residence and citizenship by investment: Malta, Cyprus, Portugal, Greece, Spain, and Latvia to name a few all allow investors to get residence cards if they invest in the country.

Can I get residency in Hungary if I buy a house? ›

Yes, anyone can get a permanent residency in Hungary. But if you are outside of the EU, you need to have a permanent income in Hungary from renting out your property, or from running a successful business.

Does buying a house in Spain gives you residency? ›

Yes, you can get residency in Spain after buying a house, and that is thanks to the golden visa scheme. Since 2013, non-EU citizens who purchase a property in the Spanish territory can get a 2-year residence permit (that can be renewed) as long as the property investment is at least € 500.000.

What country are most US citizens moving to? ›

Mexico is the top destination for Americans moving abroad, followed by the U.K., Canada and Australia. So far in 2022, ~75% more Americans have moved to Mexico than Canada. Portugal has seen the biggest percentage increase in Americans moving in (+122% from 2019-2021)

What country can a US citizen easily move to? ›

Which are the easiest countries to immigrate to from the US? Portugal, Malta and Spain are some of the easiest countries to relocate to from the United States. American citizens can either gain permanent residency or apply for citizenships via each country's Citizenship by Invest programs.

What is the best European country to live in as an American? ›

If you can handle the cold, Germany and the Netherlands are two of the most popular countries for expats, both offering international communities and unique residency options. Switzerland: Although many European countries offer a better quality of life than the U.S., Switzerland takes the cake.

What is the easiest English speaking country to immigrate to? ›

Canada. Having garnered a reputation for being one of the most welcoming countries for immigrants and being ranked as one of the most liveable places in the world, Canada is definitely the best and easiest country to immigrate to.

Which European country has the easiest immigration laws? ›

Which EU Countries Offer The Easiest Routes to Citizenship?
  • Portugal. ...
  • Ireland. ...
  • Sweden. ...
  • Belgium. ...
  • France. ...
  • Cyprus. ...
  • The Netherlands. ...
  • Other European Programs. Austria, Italy, Greece, Germany and Spain require residency of between seven and ten years before it is possible to apply for citizenship.
Oct 8, 2022

Where can a US citizen not travel? ›

North Korea (Democratic People's Republic of Korea):

U.S. passports are not valid for travel “to, in, or through” this country, home to one of the world's longest-running dynastic dictatorships.

What is the best cheap country to live in Europe? ›

Are there cheap places to live in Europe?
  1. Poland. I don't think it's any big secret now that Poland is one of the cheapest places to visit in Europe. ...
  2. Romania. Much like a lot of Europe, Romania is beautifully intricate with its building designs, but on a large scale. ...
  3. Portugal. ...
  4. Hungary. ...
  5. Montenegro. ...
  6. Turkey.

Which country is best to buy property for foreigners? ›

Asian countries like Sri Lanka, Malaysia, Mauritius, Bhutan, Singapore, and Thailand are liked because of their easy access. Foreigners are generally subject to the same laws as nationals in South Africa and can buy property."

What are the most affordable European countries to live in? ›

15 Cheapest Countries in Europe to Live In: 2022 Edition
  • The 15 Cheapest Countries in Europe to Live In. Romania. Bulgaria. Hungary. Poland. Latvia. Lithuania. Slovakia. Croatia. Czech Republic. Portugal. Greece. Estonia. Slovenia. Spain. Italy.
  • Conclusion.

How much money do I need to invest to get permanent residency in Italy? ›

Satisfy one of the following three requirements: A minimum of EUR 2 million in Italian government bonds. A minimum of EUR 500,000 in Italian shares (reduced to EUR 250,000 if investing in innovative start-ups)

How much money do you need to get residency in Italy? ›

How much money do I need to invest to get permanent residency in Italy? The minimum investment amount to get an investor visa for Italy is €250,000.

How long can a US citizen live in Italy? ›

Carta di Soggiorno: a permanent residence permit issued for an indefinite period. You can apply for it after 5 uninterrupted years of residing in Italy with a temporary residence permit. This type of permit grants you rights similar to Italian citizens.

Can US citizens own property in Europe? ›

In Europe, no law prohibits foreign citizens from buying property but certain countries have put limitations on this right, often with regards to residency rights, property type or buyer category.

Which country give permanent residency easily? ›

Many countries allow you to acquire permanent residency or citizenship. You can become a permanent resident via investments, marriage, naturalisation, etc. Some easiest countries to get citizenship to include Canada, New Zealand, Portugal, Thailand, Australia and Ireland.

Where is the cheapest place to buy property abroad? ›

Using recent research, we look into the cheapest places to buy a holiday home abroad, and why they might be perfect for your second home.
  • Turkey. Turkey is the cheapest place to buy a holiday home, with an average property price of just $736.12 per m2. ...
  • South Africa. ...
  • Mexico. ...
  • Brazil. ...
  • Greece. ...
  • Portugal. ...
  • Spain.
Aug 25, 2022

How can a US citizen buy property in Europe? ›

American or non-EU residents are unrestricted from purchasing property in Europe. They might profit from a government program that pays for energy efficiency upgrades when purchasing an investment property.

Can I buy property in Sweden and get residency? ›

Unfortunately, it is not possible in Sweden to buy a house and receive permanent residency or citizenship. The requirements to get permanent residency or citizenship are instead based on the amount of time you have lived in Sweden.

Why are Americans moving to Portugal? ›

Why do Americans move to Portugal? An excellent year-round climate, fantastic beaches a short distance from the capital, great food, high quality of life, and low living costs are some reasons Americans move to Portugal. There are also some successful tax incentives that US citizens can benefit from in Portugal.

How long can I stay in Portugal if I own a property? ›

It allows non-EU nationals the ability to get a five year residence permit by buying a property worth 500,000€ and then the chance to apply for permanent residence after those five years provided the owner has met certain criteria during their stay.

How much do you need to invest in Portugal to get residency? ›

Make and maintain an investment of at least €250,000 in Portugal. This investment can be made through a number of different routes, although Portuguese real estate residency is the most popular of all, accounting for over 90% of all investments made through the Portugal residence permit program.

How long can you stay in Europe if you own property? ›

You can remain in the EU and the Schengen zone for 90 days in an 180-day period without requiring a visa or residency permit.

How long can a US citizen live in Hungary? ›

Foreign nationals requesting entry to Hungary with a purpose of a long stay may submit a residence permit application. In case of successful application, applicant will get a visa authorizing to a single entry for receiving a residence permit and to stay for maximum 30 days in Hungary.

How do I get permanent residency in Portugal? ›

Permanent residency can be obtained by an investment scheme, which is called the golden visa scheme. Portuguese law also permits to apply for residency by family reunification. The student also can apply for a residency permit, but their study should be more than six months.

Can Americans own property in Budapest? ›

In general yes, foreigners may own and occupy real estate and can hold shares in property owning companies, but acquisition of real property in Hungary by foreign (non-EU) legal and private persons is subject to the approval of the competent government agency, which is more of a formal administrative procedure.

What is the easiest country for an American to get citizenship? ›

Italian citizenship by descent is one of the easiest to obtain. You may be eligible for citizenship if you have Italian heritage. To acquire citizenship, you must have an ancestor who was a citizen of Italy on March 17th, 1861 or was born in the country after that.

Which country gives free citizenship and money? ›

The major key benefits of getting citizenship in Antigua and Barbuda are that it gives you the right to move from there to Hong Kong, Singapore, Europe's Schengen areas, etc. You have to donate around USD 100,000 to the Antigua and Barbuda national development fund.

Is the US the hardest country to get citizenship? ›

Austria, Germany, Japan, Switzerland, and the United States are five nations that make it especially difficult for foreigners to establish permanent residency or obtain citizenship.

Can Americans own property in Portugal? ›

The country has no restrictions on foreigners looking to buy a house in Portugal. You won't have to fill in any extra paperwork or meet any criteria to buy a home per say. All you need is a VAT identification number, known as a número de identificação fiscal (NIF) or número de contribuinte in Portugal.

Does buying a property in USA give you residency? ›

Essentially, investing in a business or buying a property in the U.S. could give you permanent residency. Of course, you have to fulfill the EB-5 program requirements first, like investing at least $800,000 or $1,050,000, depending on the location. As well as create at least 10 full-time jobs.

Can Americans buy property in Italy? ›

There is no limit on US citizens buying or selling properties in Italy thanks to something called mutual agreements. These apply between Italy and foreign citizens meaning that you don't need any special documents or pay higher taxation on property when compared to citizens from within the EU.

Which country gives permanent residency easily? ›

One of the popular nations on our list for citizenship or residency is none other than New Zealand. The country has a skilled migration program that makes it easier for people to immigrate. However, to move to the destination, criteria such as having an age limit under 55 and work experience are mandatory.

Which EU country gives easy residence permit? ›

Usually, the process takes around 18 months. Malta citizenship by investment is the fastest in Europe. It's among the easiest countries to get a passport – but only if you can afford it. Malta also has a passive income residency pathway, which, in theory, you can use to become eligible for citizenship after five years.

Which country gives fastest citizenship in Europe? ›

Malta. Malta has one of the speediest routes to citizenship of the country and by extension the EU, with a fast-track program enabling citizenship within one year in return for an investment of at least 750,000 Euros into government programs, government bonds or donation to an approved organisation.

Does buying a house in Germany qualify you for a residency visa? ›

Technically, you cannot get German citizenship or permanent residency simply by investing in real estate. However, if you can live in Germany relying solely on your own funds, then you may be granted a temporary residence permit if you purchase real estate.

Which countries can I buy permanent residency? ›

Which countries grant citizenship by investment? Many countries worldwide offer citizenship by investment programs, including but not limited to Spain, Portugal, Malta, Greece, Vanuatu, Grenada, St. Kitts and Nevis, and Dominica, among others.

Which European countries give citizenship if you buy property? ›

  • Portugal, Spain, and Greece are popular among investors who want to become residents of the EU. ...
  • Malta and Turkey offer paths to citizenship, which include purchasing real estate in the country.

What are the best European countries to live in as an American? ›

If you can handle the cold, Germany and the Netherlands are two of the most popular countries for expats, both offering international communities and unique residency options. Switzerland: Although many European countries offer a better quality of life than the U.S., Switzerland takes the cake.

Which country is easiest to get US citizenship? ›

The Easiest Countries To Get Citizenship: The Ultimate Guide
  • Malta.
  • Antigua and Barbuda.
  • St. Kitts and Nevis.
  • Turkey.
Jan 10, 2023

What is the most powerful passport? ›

Japan has the world's most powerful passport for the 5th year in a row. Holders can visit 193 out of 227 global destinations visa-free. South Korea and Singapore are tied in 2nd place on the index, with a visa-free/visa-on-arrival score of 192.

How can an American become EU citizen? ›

Anyone is eligible for a European passport, provided that they pursue one of the following three options:
  1. Get European citizenship through descent or ancestry.
  2. Get EU citizenship through naturalization.
  3. Apply for a European passport through a citizenship-by-investment program.
Feb 10, 2023

What is the cheapest citizenship in Europe? ›

The 7 Cheapest Golden Visas in Europe
  • #1. Malta Permanent Residency Program (€100,000)
  • #2. Greece Golden Visa: Real estate route (€250,000***)
  • #3. Portugal Highly Qualified Activity Visa (€175,000)
  • #4. Portugal Cultural Production Golden Visa (€250,000 and €200,000)
  • #5. ...
  • #6. ...
  • #7.

What country in Europe takes the most immigrants? ›

Foreign born population

Germany was also the country with the highest foreign-born population in 2020, at over 15 million people. France 8.5 million people, while the small island-country of Malta only had 118 thousand foreign born people among its population.

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