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What is a Golden Visa?
A Golden Visa is a residency-by-investment program that allows non-EU citizens to obtain residency permits in exchange for significant investments in the host country. These programs typically offer paths to permanent residency and citizenship.
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Which European country offers the cheapest Golden Visa?
Greece currently offers the most affordable Golden Visa program in Europe, with a minimum investment requirement of €250,000 for real estate. Italy also offers a €250,000 option for startup investments.
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Can my family join me on a Golden Visa?
Yes, all major Golden Visa programs allow family members to be included in the application. This typically covers spouse, dependent children, and in many cases, dependent parents. Each country has specific criteria for dependent family members.
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Which program offers the fastest path to citizenship?
Portugal offers the fastest route to citizenship among Golden Visa programs, with the possibility to apply after 5 years of residency. This compares favorably to Greece (7 years) and Italy (10 years).
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Are there minimum stay requirements?
Requirements vary by country. Greece has no minimum stay requirement, Portugal requires 7 days in the first year and 14 days in subsequent 2-year periods, while Italy requires registration within 8 days of arrival but has flexible stay requirements.
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What are the investment options?
Options vary by country but typically include real estate (Greece), investment funds (Portugal), company investments, government bonds, and startup investments (Italy). Some countries offer multiple pathways with different investment thresholds.
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Are there language requirements?
Language requirements typically apply only for citizenship, not for the Golden Visa itself. Portugal requires A2 level, Italy B1 level, and Greece B2 level for citizenship. No language skills are needed for initial residency.
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What travel rights come with a Golden Visa?
Golden Visa holders can travel freely within the Schengen Area for up to 90 days in any 180-day period. The residence permit also allows you to live and work in the country that issued the Golden Visa.
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How long does processing take?
Processing times vary: Greece and Italy typically take 1-2 months, while Portugal takes 3-6 months. These timelines can vary based on application volume and completeness of documentation.
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What are the tax implications?
Each country has different tax regimes for new residents. Portugal offers the NHR program, Italy has a special tax regime for high-net-worth individuals, and Greece offers tax incentives for foreign investors. Consultation with a tax advisor is recommended.
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