Cheapest countries with Golden visa Program in 2023
Auther:
ZandCapital
Are you tired of dealing with the limitations of your current passport? Do you dream of traveling the world without restrictions? Then a Golden visa may be just what you need! A Golden visa is a citizenship by investment program that grants permanent residency and ultimately, citizenship to foreign investors. And guess what? There are some countries in Europe where you can get this opportunity at an incredible price! In this blog post, we’ll share with you the top 5 cheapest EU countries offering Golden visas in 2023! So sit back, relax and discover how easy it is to obtain a second passport while enjoying all the benefits that come with it.
What is Citizenship By Investment?
Citizenship by investment (CBI) is a program that allows foreign investors to obtain citizenship or permanent residency in exchange for making a significant financial contribution to the host country. The idea behind CBI programs is to attract foreign capital and stimulate economic growth while providing investors with visa-free travel, tax benefits, and other perks. The requirements for obtaining citizenship through investment vary from country to country. Some countries require applicants to invest in real estate, while others allow investments in businesses or government bonds. Typically, these programs have minimum investment thresholds that range from $100,000 up to several million dollars.
One major advantage of CBI programs is the ability to gain access to new markets without being subject to immigration quotas and restrictions. Investors can enjoy the freedom of mobility with a second passport which opens doors around the world. However, it’s important for potential candidates interested in CBI schemes not just focus on the positives but also consider some drawbacks such as costs involved when applying for these types of visas alongside their long-term goals before committing any funds into them
Cheapest Golden Visas in Europe
Are you thinking about obtaining a second passport? A golden visa program could be your best bet. It is an investment that can provide you with citizenship in another country, allowing you to travel more freely and enjoy other benefits. Europe offers some of the most affordable options for a golden visa program. Greece, Spain, Portugal, Hungary and Antigua are some of the cheapest countries to obtain a Golden Visa. Greece has been known as one of the prime locations for investors who want to secure EU residency through real estate investment. With property prices starting at €250k, it’s one of the most cost-effective programs available today.
Spain’s Golden Visa Program allows investors to invest in various sectors such as real estate or business ventures worth around €500k. The country also offers hassle-free application procedures that make it easier to obtain a Spanish passport within two years. Portugal’s popular “golden visa” scheme enables non-European Union citizens to buy into Portuguese real estate markets with investments starting from €280k. Applicants can also choose other qualifying investments like capital transfers and job creation projects.
Hungary is another European country that has recently emerged as an attractive destination for those seeking EU residence permits through their golden visa program. Investments start from €300k which gives access not only to Hungary but all Schengen area countries too! Antigua and Barbuda offer one of the best-valued Citizenship by Investment Programs globally — providing investors with immediate citizenship rights in exchange for minimum investment requirements starting at $100K USD. These are just some examples out there on how much money you need if you’re looking towards cheaper ways into Europe!
Citizenship Investment Ranking 2023
- Citizenship Investment Ranking 2023 is an annual study of the cheapest countries with a Golden visa program. The rankings are based on various factors such as the minimum investment amount, processing time, and visa-free travel opportunities.
- Greece takes the top spot in the Citizenship Investment Ranking 2023 due to its affordable investment threshold of €250,000 for real estate and a fast processing time of just two months. Additionally, Greece offers excellent healthcare facilities and competitive education systems that make it an attractive destination for potential investors.
- Spain follows closely behind Greece as another great option for obtaining a Golden Visa. With an investment requirement starting from €500,000 coupled with visa-free access to Schengen countries and low living costs, Spain provides investors with numerous benefits beyond just citizenship.
- Portugal ranks third on this list due to its popular “golden residence permit” program that allows investors to obtain Portuguese residency by investing at least €350,000 in property or creating jobs within Portugal’s borders. Furthermore, Portugal’s Golden Visa Program comes with several tax incentives that can significantly reduce your overall tax burden.
- Hungary is also among the most cost-effective options on this list thanks to its affordable minimum investment requirements starting at around €300k-€400k depending on where you choose to invest your money.
- Lastly Antigua & Barbuda offer one of the world’s most affordable golden visas programs which requires only $100k donation into their National Development Fund or $200k purchase in real estate projects approved by government authorities.
These countries have some unique features but choosing between them all really depends on what you are looking for out of your golden visa program experience!
Greece
Greece is one of the most popular destinations for tourists and investors alike. With its breathtaking landscapes, rich history, and warm culture, Greece has been attracting people from all over the world. But aside from being a great vacation spot, Greece also offers some of the cheapest Golden Visas in Europe. For as little as €250,000 investment in real estate or other eligible assets, non-European citizens can qualify for permanent residency in Greece.
This visa allows holders to travel freely within the Schengen area and stay in Greece indefinitely. Moreover, after seven years of holding this visa continuously without any criminal record or tax issues, they may be able to apply for Greek citizenship. Getting a Golden Visa in Greece is an attractive option not only because it grants access to other European countries but also because it opens up opportunities for business and personal growth in one of Europe’s most beautiful countries.
Spain
Spain is one of the most popular countries in Europe for obtaining a Golden Visa. With its warm climate, rich culture, and stunning beaches, it’s no wonder that investors are flocking to this country. One of the best things about Spain’s Golden Visa program is that it allows you to include your family members in the application process. To be eligible for Spain’s Golden Visa Program, you must invest at least €500,000 in Spanish real estate. The investment can be made through a single property or multiple properties as long as the total value meets or exceeds €500,000. Once you have obtained your visa, you must spend at least six months out of each year in Spain to maintain your residency status.
Spain also offers several benefits to those who obtain its Golden Visa. You’ll have access to free education and healthcare within the country, and you’ll be able to travel throughout Europe without any additional visas or paperwork. If you’re looking for an affordable way to obtain European citizenship while enjoying all that Spain has to offer, then its Golden Visa program may be right for you!
Portugal
Portugal is one of the most attractive countries in Europe for those seeking a Golden visa. With its mild climate, stunning landscapes, and rich cultural heritage, Portugal has plenty to offer to investors. The country’s Golden visa program has been popular among foreign nationals since it was introduced in 2012. To obtain a Portuguese Golden visa, an investor must invest at least €500,000 in real estate or create ten jobs within the country. It is also possible to qualify for the program by investing €350,000 in a property that is more than 30 years old or located in an urban regeneration area.
One of the advantages of obtaining a Golden visa through Portugal is that it grants access to all EU member states’ Schengen Area without additional travel visas required. Additionally, after five years of residency and meeting certain requirements such as language proficiency and integration into Portuguese society, investors can apply for permanent residency or citizenship. Portugal’s location on the Atlantic coast makes it ideal for those who enjoy water sports such as surfing or sailing. Its cities are steeped with history and culture while offering modern amenities making Portugal both traditional yet progressive.
In summary, Portugal offers many benefits to those looking for affordable golden visas programs including easy access throughout Europe and opportunities to explore natural beauty; with its strong economy and favorable business environment make it worth considering when thinking about acquiring European Union citizenship by investment.
Hungary
Hungary is a country that has recently gained popularity among investors looking for the cheapest EU passport by investment. The Hungarian Golden Visa program allows foreign nationals to obtain residency and eventually citizenship through investment in government bonds or shares of companies located within Hungary. One of the main advantages of the Hungarian Golden Visa program is its affordability. With a minimum investment requirement of €300,000, it is one of the most cost-effective options available in Europe. Additionally, there are no language or education requirements for applicants.
Another benefit of investing in Hungary is its strategic location within Europe. It offers easy access to major markets such as Germany and Austria, making it an attractive destination for businesses looking to expand their operations into Eastern Europe. Investors who choose Hungary can also enjoy a high standard of living at a lower cost than other European countries. Its capital city Budapest has been named one of the most liveable cities in Europe due to its rich culture, affordable lifestyle and stunning architecture. Hungary presents itself as an appealing option for those seeking an affordable path towards obtaining EU citizenship while enjoying all that this beautiful country has to offer.
Antigua and Barbuda
Antigua and Barbuda is a small Caribbean island nation that offers one of the cheapest golden visa programs in the world. With a minimum investment of $100,000, investors can obtain citizenship within four to six months. The Antigua and Barbuda Citizenship by Investment Program was launched in 2013 and has become increasingly popular due to its affordability and fast processing times. The program allows for visa-free travel to over 165 countries including the UK, Canada, Singapore and Hong Kong.
Investors have several options when it comes to investments under this program including real estate investment, business investment or making a contribution to the National Development Fund. In addition, Antigua does not require investors to reside on their shores which makes it an attractive option for those who want flexibility with their new passport. Antigua’s economy is heavily reliant on tourism but also has industries such as financial services, agriculture and construction contributing significantly. Investors seeking opportunities may find these sectors appealing since they contribute greatly towards GDP growth. Antigua’s affordable Golden Visa program combined with easy access into numerous countries make this tiny Caribbean country an excellent option for international investors looking for dual citizenship or alternative residency options.
Why get a Golden visa?
A Golden visa is a great opportunity for those looking to secure permanent residency or even citizenship in another country. With the benefits of a new passport, it offers visa-free travel and easier access to business opportunities worldwide. One main advantage of obtaining a Golden visa is that it provides security and stability for you and your family, especially if your home country experiences political or economic instability. With this kind of investment, you can ensure that you have an alternative place to call home.
Moreover, acquiring a Golden visa also allows individuals to take advantage of the many educational opportunities available in their chosen destination country. This includes access to schools with better learning facilities which can provide children with quality education leading to stable careers. Another benefit is the potential tax savings that come with becoming a resident or citizen in another country. By taking advantage of lower taxes abroad, investors can save significantly on their overall tax burden.
Getting a golden Visa may open up new investment options all over Europe by creating greater freedom and flexibility in conducting business operations across multiple regions under one umbrella. There are many reasons why someone might choose to get a Golden visa including increased mobility and financial stability as well as access educational opportunities; all these advantages make investing worthwhile!
How to get a Golden visa?
Getting a Golden visa can be a great way to secure a second citizenship and enjoy the benefits that come with it. If you’re interested in obtaining one of these visas, your first step should be to research the countries offering them and determine which program best fits your needs. Once you’ve chosen a country, you’ll need to meet their specific requirements and provide all necessary documentation. In some cases, working with an immigration lawyer or consultant can make the process smoother.
While obtaining a Golden visa may require an investment upfront, the long-term benefits could outweigh the initial costs. Whether you’re looking for access to better healthcare, education opportunities for your children or simply seeking more freedom to travel around Europe, this type of visa could open up many doors for you. So if you’re considering investing in a second citizenship via Citizenship by Investment programs in 2023 , take some time to explore your options and see which countries offer affordable golden visas that match what you are looking out for.
