How to Avail Golden Visa Greece Real Estate Residency Program
Want to move in Greece? Here’s everything you need to know about the golden visa Greece real estate residency program and become eligible.
Category: Residency by Investment
Citizenship and Residency by Investment Frequently Asked Questions
We’ve compiled these frequently asked questions by our valued clients about citizenship and residency by investment requirements.
Residency by investment programs refer to acquiring a residence status or visa to your intended country destination. Aside from investing a required amount to the State, you’re also required to live in your host country at a specified amount of time. You can have access to the host country’s healthcare, education, and even pension system. However, you’re not allowed to avail other privileges such as voting in elections like that of its bonafide citizens.
Citizenship by investment programs, on the other hand, refers to acquiring a citizenship, second nationality, or second passport status to your host country. This means you’re not only getting all the privileges a resident visa holder has, but you’re also treated like a bonafide citizen. You can participate in elections, obtain their passports and have the privilege to travel the world. For example, you can travel to over 138 countries visa-free if you have a Cyprus passport!
Currently, our company offers assistance for citizenship by investment programs in over six countries. Here at CRP World, we will guide you not only in the application process of obtaining citizenship. We also walk you through these different countries, highlight their features, and different requirements to determine the best citizenship or residency program suited for you. You can check out our citizenship by investment countries. Meanwhile, here are our residency by investment programs.
Of course, it is! All of these countries hosted by CRP World have government provisions and programs that grants citizenship in return for a lump sum of money through investment. Your invested amount will then be used to contribute to the State’s economy, business, real estate, culture, and other interests. These CIP programs give you the opportunity to acquire a new nationality or second passport legally. This is also the easier and shorter path to gain citizenship without creating a major disruption to your life.
Absolutely! CRP World is an authorized representative that has extensive knowledge base in citizenship and residency programs. Moreover, we have a diverse network of trusted partners to ensure you’ll have a smooth application process. We also ensure high-quality and best performance rate of approval to boost our clientele’ confidence in transacting with us.
CRP World takes pride in offering a reasonable cost range of professional service fees compared to our competitors. Our costs typically vary depending on the program and type of service you require. It also depends on which country you’re applying to. You can contact us for thorough discussions and inquiries so that we can give a personalized evaluation cost according to your needs.
Each country has a different timeframe for the application process. But based on our experience, the typical time frame usually falls between 3-6 months. Meanwhile, the actual processing fee and time frame are usually determined by the respective host Government. There are also instances where the Government offers extra fees to expedite your application process. However, do note that paying the expedition fee does not guarantee nor increase your chances of approval.
In Citizenship by Investment programs typically won’t require you to live in your host country either before, during, or after your application process. Some may require you to at least visit your host country for a specified number of days.
Meanwhile, the residency by investment programs typically require you to live at least 6 months to acquire a resident visa. Some may even require you to live from 5-10 years to upgrade your residence visa to citizenship. In this case, you’ll also be eligible to obtain a second passport. It’s imperative that you check each country’s program to determine its specific requirements before applying.
Your children, spouse, parents, and other first-degree blood connections can also apply for citizenship. However, you need to check your host country’s age requirement to determine their dependent status.
The most obvious reason to deny your application is if you’d omit crucial information or commit perjury on it. If not, you’ll also get denied if you’re involved in a serious crime like terrorism and money laundering while staying in your host country.
Your invested amount will only be refunded once the Government approved your petition. Oftentimes, a government will require you to invest in real estate before you submit your application. In case of rejection, it will be refunded to your bank account. Meanwhile, the due diligence fees are not refundable.
Have some other questions not entertained here? Please contact us so that we can attend to your queries.
What is Residency by Investment and Why You Should Consider?
At some point in your life, you might have considered moving into another country. If not, maybe you’re dreaming of setting up your business overseas. Fulfilling these life-long dreams comes with the price of a long, tedious visa application process. Good thing though that most countries today are now adapting residency by investment programs.
You might be wondering how it works? What are its perks? Why you should spend a hefty amount of money to avail one? In this guide, we’ll walk you through this awesome program and the awesome perks you can get from it.
The Permanent Residency Status
Permanent residency is a type of visa status that allows foreigners to reside legally in their host country. Even if they are not naturalized citizens of a particular country, permanent residents are entitled to study, live, work, and can even access the country’s healthcare system. Most countries require a foreigner to gain significant working experience, stay between 5-10 years or more, or speaking the host country’s language.
What is Residency by Investment Program?
What if I tell you there’s a short-cut to that? What is the residency by investment meaning? You can expedite and ease your residency application thanks to residency by investment program. This program will help you obtain a permanent residency card by investing directly in the host country’s economy. As long as you meet their required investment amount, you can expedite your permanent residency application and skip the lengthy traditional method.
Perks of Availing Residency by Investment Programs
Here are the awesome perks and benefits you can get from availing residency by investment programs:
Security
Obtaining a permanent residency is stable and secure. It means you’re free and legally able to engage in business or work in the country you’re staying in. It also serves as your insurance that you and your family will be protected should political or economic unrest occur.
Global Mobility
If you’re not a US, EU, or first-world country citizen, chances are, you’ll have a hard time travelling across the globe. It limits your business and leisure’s mobility. But not anymore if you have a permanent residency visa. You’re free to enter another country’s domain, engage in work, business, or leisure travel whenever you please.
Business Autonomy
Residency by investment also gives you autonomy and control to your business. Aside from operating a business in your host country, you’re also entitled to enjoy lower corporate taxes. This allows you to expand your business and accumulate more wealth in the long run.
Family
Once you become a permanent residency, you’re also entitled to migrate your spouse and family with you. You don’t have to endure being separated from your family anymore. You’re also able to secure their future by giving them access to premium healthcare, good education, awesome work opportunities, and improved lifestyle.
Education
Education is crucial to becoming a successful global citizen. Paired with hard work, the knowledge you obtained from studying will help you navigate in the real world. You can now give your children and your relatives the best education by enrolling them in the best, prestigious schools in your host country.
Why Do Countries Offer Residency by Investment?
According to studies, some countries offer residency by investment programs in an attempt to attract global investors. This direct investment will boost their economy. The government can also use these funds in investing in an economical or cultural project. Besides, you’ll likely reap your investment in the long-run since you get to enjoy all the government’s programs and benefits as a legal resident.
Where to Avail Residency by Investment Programs?
Check out this list to know what countries offer residency by investment now!
Check Out the Best Countries to Offer Residency Investment Programs!
We already know that some countries expedite the process of citizenship applications by investment. However, the reality is that not everyone can afford to spend thousands of $$$ just to invest and make significant contributions to your dream destination country. Is there a slightly cheaper alternative to get a resident visa? Good thing these countries offer the best residency investment programs this year!
Best Countries for Residency Investment Programs This 2020
Dubai
It’s a no brainer why everyone wants to move to Dubai. This city in the United Arab Emirate is bustling with wonderful economic opportunities and vibrant life. The government is also working on easing their process of company setup, free zone companies, and even residency investment programs to attract entrepreneurs and investors.
If you’re interested, you need to invest a minimum of $272,000 to purchase a real estate property to obtain permanent residency and golden visa. Alternatively, you can also invest $20,000 in a business to become a resident in Dubai.
Montenegro
If you want to stay in Montenegro, you need to invest at least $595,000 on properties to obtain permanent residency. Aside from that, the government is keen on giving citizenship to qualifying investors who contributed a significant impact to their economy or business.
Spain
Another European country you should consider moving in is Spain. You can be eligible for residency investment programs if you spend at least $595,000 on a property. Successful applicants not only acquire a European residency permit; they’ll also have a chance to work and live in any EU country of their choice.
Saint Lucia
If you’re looking for another Caribbean endeavor, then Saint Lucia might just be the one you’re looking for. You only need to have a $300,000 property investment to be eligible for permanent residency. If you’re a little short, you may opt to donate $100,000 to Saint Lucia’s sovereign wealth fund to secure a permanent residency. The latter method also makes you eligible to secure a second passport.
Portugal
Spain’s neighbor also offers a nearly-identical residency investment program for foreigners. You’ll be entitled to permanent residency if you purchase a property with a minimum value of $595,000. You’ll also be eligible for full citizenship if you live in the country for at least six years.
Greece
Greece is also pretty generous to non-EU citizens. You only need to invest around $300,000 to any property in the country to be eligible for residency. Any successful applicant will have the chance to live and work not just in Greece but in any EU country. You’re also qualified to apply for full citizenship if you reside at least 7 years or longer in Greece.
Switzerland
Another European country that offers an expensive residency investment program in Switzerland. You need to invest a staggering $1.2 million either in business or property to acquire permanent residency. Aside from that, you’re required to stay for at least 12 years before you’re eligible for citizenship. All of it is worth it though since Switzerland always attracts billionaires all over the world.
Cyprus
Cyprus is a little expensive since not only it is a European country, but it’s also a haven for investors. Cyprus requires investors to purchase an astounding 300,000-Euros property market value. Aside from that, you must purchase a new property approved by the government. Despite its tight ruling and a hefty amount of investment, many businessmen still invest in Cyprus to obtain an EU passport.
Belgium
Belgium’s residency investment program requires you to invest at least $416,000 on the property to have permanent resident status. Furthermore, you’ll become eligible for a Golden visa if you live in the country for more than five years. Then, you’ll also have a chance to apply for full citizenship.
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