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Monday, 30 October 2017

SEE TOP 10 (EU) EUROPEAN COUNTRIES OFFERING CITIZENSHIP BY INVESTMENT




Different Countries are offering Citizenship by Investment program which allows an applicant to gain the citizenship of country by investing in form of Donation or Real Estate Investment-specific amount which helps in forwarding country economic, infrastructural and development initiatives.

Currently, the cheapest citizenship by investment programme is offered by the Common Wealth of Dominica with an investment of $100,000 for an individual applicant.

Of course, there are always some formalities, but the Citizenship by Investment program makes owning two passports quite straightforward and in a matter of a few months the second passport is issued and you can enjoy the rights and freedom of living in two countries.

BELOW ARE LIST OF TOP 10 EU COUNTRIES OFFERING CITIZENSHIP BY INVESTMENT

SEE TOP 10 (EU) EUROPEAN COUNTRIES OFFERING CITIZENSHIP BY INVESTMENT

10. Cyprus — The Mediterranean island offers a low corporation tax of 12.5% for residents’ businesses but to apply you need to buy a property worth more than €300,000.

9. Monaco — Residents of Monaco are not subject to income tax, capital gains tax or wealth tax and are able to travel visa-free to all Schengen area countries.

8. Jersey — The island of Jersey is attractive for its low tax regime and mild climate. The minimum investment for residency costs £125,000 a year and is only open to those earning more than £625,000.

7. United Kingdom — The UK might not be cheap but it is an attractive destination for rich families looking for good private schooling. The residency programme is tiered, asking for £2 million, £5 million and £10 million from investors.

6. Latvia — To obtain a Latvian temporary residence permit, one has to buy real estate worth €250,000 and pay a 5% government fee.

5. Spain — The country has a similar programme to Portugal, and a resident permit can be obtained by buying a €500,000 house or investing €2 million in Spanish government debt.

4. Malta — Malta applies a low 15% tax rate for permanent residents, and the programme can be accessed for relatively little money — the purchase of a €275,000 property should do it.

3. Portugal — To obtain Portuguese residency one can create 10 jobs with a business, transfer €1 million into a Portuguese bank or buy a house for €500,000.

2. Belgium — A Belgian residency application takes as little as two months to process and employment in the country may be a qualifier on its own, negating the need for investment.

1. Austria — Austria offers 10 different types of residency permit that do not require an investment and which can be used for visa-free travel across the Schengen area.



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