Golden visa: the main countries offering investors a European residence visa - Bradley Hackford

Golden visa: the main countries offering investors a European residence visa - Bradley Hackford

ID: 450758

(Thomson Reuters ONE) -


Golden visa: the main countries offering investors a European residence visa -
Bradley Hackford

Non-European international investors are increasingly looking to settle in
Europe, because they are particularly attracted to the quality of life in
Europe. Other investors simply want to be able to travel freely in Europe
especially for professional reasons. The golden visa offers its holder the
possibility to freely settle in Europe as well as the ability to travel in
Europe without the constraints commonly associated with obtaining the necessary
visas for citizens of some countries.

The golden visa (see here) is obtained through an investment in the selected
country. In addition, the holder is required to show that there is no history of
a criminal record.

Portugal

Portugal's golden visa program is the best known today. Launched in 2012, this
program allows the golden visa to be received in a timely manner with some
slight restrictions.

Obtaining the golden visa in Portugal primarily requires an investment that can
be made in 3 ways:

-Acquiring one or more properties in Portugal for a total value of at least ?500
000
or
-Making a bank deposit in the amount of at least ?1 million in a Portuguese bank
or
-Creating a company in Portugal that generates at least 10 sustainable jobs

In addition, taxation in Portugal is very attractive for those who also wish to
establish residency there as a non-habitual resident.

Malta

Malta's golden visa program, implemented in 2015, requires a minimum investment
of ?250 000, which must be maintained for at least 5 years.

In addition, a real estate purchase of at least ?320 000 or lease of a property
for a minimum of ?12 000 per year is required.

The applicant must also demonstrate the availability of financial assets of at




least ?500,000 or have an annual income of ?100 000 per year from sources
outside of Malta.

Note that Malta also has a program available which allows applicants to obtain
Maltese citizenship through an overall investment of approximately ?1 million.

Spain

Spain has a golden visa program very similar to the one offered by Portugal.

The two main forms of investment for the Spanish program are real estate
investment for an amount of at least ?500 000 or performing a bank deposit of at
least ?1 million in a Spanish bank.

Latvia

The golden visa program in Latvia has very few binding financial prerequisites.

In fact, obtaining this visa requires either the purchase of real estate in
Latvia with a minimum value of ?250 000 or making a bank deposit of at least
?300 000 in a local bank.

Bulgaria

An investor visa in Bulgaria is obtained by investing at least ?511 292 in
government bonds, to be invested for 5 years.

It should be noted that contrary to the countries mentioned above, Bulgaria,
although a member of the European Union, is still not part of the Schengen area.

Among the European countries not yet part of the Schengen area, we also note
Cyprus's program, for which the main prerequisite is the purchase of real estate
in the country with a value of at least ?300 000. In addition, like Malta,
Cyprus offers a programme for acquiring citizenship by making an economic
investment.

About Bradley Hackford

Bradley Hackford is a firm specialising in international expatriation and change
of physical and tax residence, primarily in jurisdictions with attractive
taxation. The firm is also involved in the process related to the
acquisition/change of nationality and in procedures related to visas for
investors (golden visas).

http://www.bradleyhackford.com/en/

golden visa:
http://hugin.info/162569/R/1986255/728677.pdf



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Bradley Hackford Limited via GlobeNewswire
[HUG#1986255]




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Bereitgestellt von Benutzer: hugin
Datum: 16.02.2016 - 10:00 Uhr
Sprache: Deutsch
News-ID 450758
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