There are various reasons for buying a house in other countries; For example, owning a summer vacation home or investing in real estate. However, in order to be able to go to your second home whenever you like, you must have residency or citizenship of that country. Investments shorten the time required to complete the formal procedures for obtaining visas and citizenships and make the conditions easier for applicants. To choose the best investment program, the investor should consider the details of the house price, capital gains and the number of countries that can be visited without a visa.
Countries that provide residence by buying a house.
First country: Greece.
Residence permit with investment in real estate – at least 250,000 euros – for 5 years.
The residence permit card is issued for five years without the need for the applicant to reside in Greece. After seven years, the applicant can apply for citizenship. It doesn’t matter if the ownership is shared, the property is entrusted, or the amount was used to buy several properties. This program offers investors the following investment options:
Buying residential or commercial real estate,
buying land for construction,
renting a hotel or tourist accommodation for 10 years,
thus Greece is one of the countries that reside by buying a house, and obtaining Greek residence by buying property is an easy way to get a golden visa.
Second country: Malta
Citizenship by investing in real estate – 700,000 euros – for 5 years,
the applicant can choose a residential property in a residential complex in any part of Malta and after 1 or 3 years of residence, he must apply for citizenship. . It must also meet the following conditions.
Buying a residential property for 700,000 euros or renting a house for at least 16,000 euros per year. The ownership or rental period is up to 5 years after receiving citizenship.
Contribution of 600 thousand or 750 thousand euros to the National Development Fund of Malta.
Donating 10,000 euros to a cultural, sports or other non-governmental organization.
Citizenship can be obtained for the entire family of the main applicant, including spouse, children under 29 years old and parents over 55 years old. Also, Malta is one of the countries that provide permanent residence by buying a house, and with an investment of at least 150,000 euros, you can get permanent residence in Malta.
Third country: Turkey,
citizenship by investing in real estate – 400,000 dollars – for 3 years,
in the continuation of the list of countries that provide residence by buying a house, Turkey can be mentioned. By investing in Turkey, you will be able to get a passport without living in this country and learning its language, and all the steps of this process will take about 6 to 8 months. Turkish passport holders can travel visa-free to the Asian countries of Japan, Singapore and Thailand. To obtain citizenship by investment, applicants often purchase one- or two-bedroom apartments in the city center. Apartments and villas in residential complexes in Antalya, Bodrum, Belek and other coastal towns are also popular alternatives. The main applicant’s spouse, children under 18 years old and their parents can accompany him. Turkey is at a smaller distance from Iran than other countries that give passports by buying real estate.
Fourth country: Portugal
residence permit with investment in real estate – 280 thousand euros – for 5 years
Your next option among the countries that reside by buying a house is the Portugal Golden Visa program, which offers applicants several options to choose their suitable investment; From buying real estate to creating jobs. Portugal also offers a self-supporting visa, but more than 90% of applicants prefer to buy property because it is a predictable and reliable investment. Investment options in Portuguese real estate include:
Buying a residential or commercial property with at least 500,000 euros.
Buying a residential property worth at least 350,000 euros, provided that it is 30 years old and needs to be renovated.
An investment of 500,000 euros can be made in one or more properties, but an investment of 350,000 euros is limited to one property only. Applicants can add their spouses and children under the age of 26 to this immigration program. Among other countries that offer permanent golden residence, we can mention Greece.
5th country: St. Lucia
Citizenship through investment in real estate – $200,000 – for 5 years
The next country among the countries that reside by buying a house is St. Lucia. The Saint Lucia citizenship program requires an investment of at least $200,000 in government-approved real estate projects. The main applicant’s spouse, children under the age of 30, parents over the age of 55 and siblings under the age of 18 can qualify for St. Lucia citizenship.
6th country: St. Kitts and Nevis
Citizenship by investment in real estate – $400,000 – for 7 years
The St. Kitts and Nevis program is the oldest citizenship by investment program in the world: the first passports received by investment were issued in 1984 . This shows the age and reliability of this country’s immigration program compared to other countries that settle by buying a house.
Investment options in Saint Kitts and Nevis real estate are as follows:
Purchase of condominium or full ownership properties in government-approved projects – at least $400,000 for 7 years.
Purchase of approved private homes for at least $800,000.
Applicants can apply for a passport together with their children under 30 years old and parents over 65 years old.
Seventh country: Antigua and Barbuda
Citizenship by investment in real estate – $200,000 – for 5 years
Antigua and Barbuda’s citizenship by investment program is similar to other countries that provide residence by buying a house. However, there is one key difference: the applicant must take the oath of allegiance in Antigua and Barbuda, or at a mission in another country, or via video conference, and must spend at least five days in the first five years of citizenship. pass the country The applicant’s family, including his wife, children under 30 years old, parents over 55 years old and unmarried siblings can accompany him.
8th country: Dominica
citizenship by investment in real estate – $200,000 – for at least 3 years
Dominica’s citizenship by investment program is one of the most cost-effective programs among the countries that reside by buying a house. The main applicant must choose one of the following two options for investment:
A non-refundable grant of at least $100,000
for the purchase of property for a minimum of $200,000.
Applicants can purchase a share in a real estate project approved by the government of Dominica, which is usually a hotel or resort complex. There is no requirement to live in or visit the country to obtain citizenship. All steps are completed remotely within 3 to 6 months. Spouse, children under 30 years old and parents over 65 years old can accompany the main applicant.
Ninth country: Spain
residence permit with investment in real estate – 500,000 euros – for 5 years
Spain is one of the best countries to reside in by buying a house because the Spanish residence program through investment, the opportunity to start a business in this country And it provides you with free travel in the Schengen area. However, in order to obtain Spanish citizenship, the applicant must live permanently in the country and, depending on their primary country of citizenship, may be forced to renounce their previous citizenship. The minimum amount of investment in residential or commercial real estate is 500 thousand euros. Also, Spain is one of the countries that offers self-supporting residence like Greece.
10th country: Grenada
citizenship through investment in real estate – $220,000 – for 5 years
Grenada is the next country in the list of countries to reside in by buying a house. Grenadian citizenship allows visa-free travel to China and is the only citizenship in the Caribbean that entitles its holder to a US E-2 business visa. The minimum investment in real estate in Granada is $220,000. As with other Caribbean programs, investors can buy shares in government-approved hotels, resorts and villas. Applicant’s parents, grandparents, siblings and children under 30 years of age can accompany him.
11th country: United Arab Emirates,
residence through real estate investment – at least 750 thousand dirhams,
the UAE is also one of the countries that provide residence by purchasing property. For a two-year UAE residence permit, investors can purchase real estate for 750,000 dirhams. To get a golden UAE visa for 10 years, you need to buy a property worth two million dirhams or nearly $540,000. Also, long-term rentals in Dubai can yield about 5-8% annually. UAE golden visa can be extended as many times as you want. Among the countries that provide residence by buying a house, the UAE is one of the countries that does not require permanent residence to maintain residence. The applicant’s spouse, children, and servants can join him.
12th country: Cyprus
Permanent residence by purchasing real estate – at least 300,000 euros
Permanent residence in Cyprus can be obtained by investing 300,000 euros in real estate. The period of time required to obtain residence starts from 3 months. Permanent residents can live in Cyprus and apply for citizenship after five years. Spouse, unmarried children under 25 years old and parents of the applicant and parents of his spouse can accompany him. Also, Cyprus is located at a shorter distance than Iran among the countries where they live by buying a house.
13th country: USA
Permanent residence with investment in real estate – $900,000
To apply for an EB-5 visa, the applicant invests in a US company independently or through regional centers. Most foreigners apply for EB-5 visas through regional centers. These centers work with companies in marginal areas or places with high unemployment, and the minimum investment in them is from 900 thousand dollars. The purpose of business should be to make a profit.
The investment must result in employment for 10 Americans for a period of two years. The investor will not have a guarantee for the return of his investment. The applicant must confirm the legality of the invested funds and participate in the management of the company in which he has invested. The United States has one of the highest investment costs among home buying countries.
Finally,
investing in real estate is a good opportunity to get residency or visa with financial benefits. The number of countries that provide residence by purchasing property is not small, and many countries offer programs for obtaining residence permits and citizenship to attract foreign investors and strengthen their economy. Before investing, do enough research on the available programs. Compare your conditions with the requirements of your desired program and measure the economic and political stability of the destination country. In recent years, Greece has experienced positive economic growth, which has made it a more reliable option for investment than other countries that reside by buying a house. Greece’s expanding tourism industry has made it an attractive option for those looking to invest in the tourism market. Investing in Greek real estate will be highly profitable in the years to come, however, it is essential to consult with legal and financial experts familiar with Greek real estate laws and regulations to ensure a secure transaction. Stargate immigration consulting company is by your side to choose the best immigration program to Greece.