Are you looking to obtain a second passport as quickly as possible? Luckily for you, there are some European countries offering rapid pathways to their citizenship.
In today's article, we are going to provide you with all you need to know about the European countries where you can gain citizenship in no time.
Why relocate to Europe?
Europe has been a popular destination for relocation by people from across the globe for a long time, whether for the healthcare, education or quality of life to be found in many of the nations of the region. It’s possible you’re also interested in making the move, and today we’ll be sharing 3 of the fastest programs on offer in Europe to investors.
The United Kingdom, home to London, not only one of the most world-renowned cities, but also the financial capital of the world, has a programme through which prospective investors with the right level of disposable income (and business experience) can obtain quickly obtain residency for themselves in a nation where many people from across the globe desire to relocate.
There is the quality of life, comparably very high when looked at alongside other nations offering such programmes. However, this is not the only thing you’ll be looking to be reassured by when making an overseas move, and luckily for you, the educational institutions, reliable and strong international travel links (both maritime and aviation), tax incentives for those with a high net-worth and also the business environment to allow your ventures to prosper all mean you will be able to get a head start along the pathway you desire for the future of yourself and your family.
If you’re interested, the criteria are as follows:
1. Desire to set up or run an existing business within the UK (including approval of business plan)
2. You currently reside outside of the UK
3. You comply with general criteria (over 18, adequate personal savings, English language proficiency)
4. You must have relative business experience
5. £50,000 to invest (unless taking over an existing business)
Italy is not just known for the amazingly wide range of cities and towns to visit, but also the incredible cuisine and rich history on offer to anyone lucky enough to find themselves within the country.
For this you have three options:
1. €2,000,000 in government bonds
2. €500,000 in Italian company shares
3. €1,000,000 investment into public interest projects
It’s clear that this investment is not cheap, but none of these programs are, and when we get onto some of the additional benefits to getting involved in the scheme, it becomes clear why residency by investment in Italy is worth it!
Our final country for today is Portugal, a nation situated in south-west Europe within the Iberian Peninsula, exhibiting a varied climate and bustling cities, yet for the purpose of today, its global ties are important too, as they make the desire for the Portuguese passport increasingly popular.
One avenue for investment covered by this scheme is one which involves more personal gain, as it is through real estate investment. As we all know, if we are moving abroad having somewhere to live is crucial, and so being able to gain residency by buying a home in Portugal settles two big issues in relocation at once, visa and property.
This option requires €500,000 to be invested into a property or €400,000 if it is in a low-density area, as with the previous options, setting Portugal apart as a competitive location for residency by investment, while also giving you the freedom to explore the country and settle in any location which you become attracted to, probably the most difficult decision you’ll have to make during the process!
The waiting time is between 3 and 6 months, meaning that although this option is one of the more drawn out processes on our list, it is still comparatively very short. Not only this, but the other benefits include a renewable 2-year visa and an option to apply for citizenship after only 5 years.
So, if you are interested in finding out more about residency and citizenship by investment in Europe, as well as other opportunities to develop your business, contact us today! Below this article, you will find a link to set up a free fifteen-minute consultation with us to discuss your options further.
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