In a world that shifts unstoppably, finding ways to make safe investments is more than a wise idea, and a golden visa is one of these ways. Of course, there are several channels to funnel your assets such as gold, shares and stocks, and real estate. The main advantage of turning to investment programs is that you can combine all of the aforementioned. Before beginning to explain the types of investments one could make, let’s see in short some of the golden visa program’s key benefits.
Golden Visa key benefits
First and foremost, you are able to travel all over European countries plus 4 non-EU countries; these are Norway, Switzerland, Liechtenstein, and Ireland. Additionally, you can travel visa-free to Schengen area countries avoiding long hours of waiting at border checks. Secondly, you can bring your family aboard, should the children be under 18 and not married. Thirdly, should you stay for about 7 years (depending on the country of your choice) you may gain citizenship as well.
What’s more, you do not have to stay in the country of residence to obtain a permit. Furthermore, the procedure is streamlined, so it will take up to 2-3 months to hold your visa, and most importantly there are no exams to take, or know the language requirements. One thing to bear in mind is that every government has different prerequisites regarding how to get golden visa. To be fully informed you could either hire an associate with expertise in such programs or visit the government website developed to this end.
What type of investment suits you better?
There are several different types of investments you can make depending on what feels better or safer for you:
- Real Estate all over Europe: This is one of the most popular choices that benefits both the country and the investors. The government can get rid of the real estate surplus, plus have the industry revived. Truth be told, during the fiscal crisis in Europe, the residents couldn’t afford to buy new property. The constructors found themselves deep in debt, and the governments with a bunch of buildings they couldn’t exploit. On the other hand, the investor has a Plan B during these times of uncertainty. With the risk of a global recession rising, with inflation high rates, and geopolitical turbulence, having a residency in a second country is a wise action. Even if it weren’t for all of the above, the ability to move all over Europe, having the choice of working, studying, and living in a European country, opens up new horizons.
- Invest in financial products for Golden Visa Greece: A certain way to get Golden visa Greece is by investing in shares, bonds, stocks, funds, or making a bank deposit. Perhaps you prefer and are better informed in stockbroking rather than the real estate industry. Every country that has launched residency by investment programs has a minimum amount of money to invest. For instance, in Greece that is 400.000€. Bonds usually are not a prevalent type of investment. On the contrary, stocks, shares, and investing in funds are. Depending on a country’s strategies and fiscal policy, you will be advised accordingly on where to better put your money. Although making a financial placement might be a bit more complicated procedure to obtain a permit, it can lead you to citizenship earlier.
- Business investment leads faster to residency: If you intend to start a business that will offer job openings and help the local society, then you are welcome to most European Starting a new business is not always a requirement, you could simply invest in existing local enterprises, by injecting capital. This is not a very common choice among investors but is encouraged by governments.
- Donation: As previously mentioned most governments welcome immediate capital injection to their economies, but that is not among Golden visa Greece requirements. One limitation is that this is the only type of investment that is non-refundable. In real estate, you can sublet the property, and earn an income. The same applies to financial products or starting a business. With donations, you only get the residence permit. It’s up to the investors’ judge to decide what’s best for their interests.