These Golden Visa programs facilitate the acquisition of residency permits, and in some instances, citizenship rights, in exchange for qualified investments in the economy of the host country. These programs are appealing options not only to individuals seeking personal relocation but also to investors interested in exploring strategic business opportunities in the European market.

Most Golden Visa Countries in the EU feature beautiful rural areas and active urban centers, each presenting distinctive investment opportunities and lifestyle advantages. Golden Visa holders enjoy numerous benefits, including visa-free travel within the Schengen Area, potential tax advantages, and the ability to reside, work, or study in their chosen destination.

Therefore, gaining a comprehensive understanding of the various Golden Visa schemes is crucial for prospective investors aiming to capitalize on these opportunities. Whether you're an experienced investor or new to the concept of investment migration, this guide provides valuable insights for Golden Visa applicants to help you successfully navigate the landscape of EU Golden Visa programs.

Key Takeaways

• Golden Visa programs offer pathways to residency and potential citizenship in Europe through substantial investments in the host country's economy, with various investment options available.

• Investors can choose from real estate, government bonds, business development, and other investment routes, each offering unique benefits such as residency rights, visa-free travel, tax advantages, and access to high-quality healthcare and education.

• Prospective applicants will do well to define their objectives, conduct due diligence on Golden Visa programs, and seek professional guidance.

• It is important to assess investment risks and returns, plan for residency and integration, maintain compliance with residency requirements, and explore citizenship options for long-term planning and security.

Disclaimer

The contents of this article are for educational purposes only. They are not intended to be a source of professional investing advice. You will find experts on investing here.

Take advantage of Bay Street's access

The European Union region continues to attract significant interest from foreign investors and individuals seeking alternative residency. However, it's important to note that several EU countries have begun to restrict access to their Golden Visa programs, with discussions even circulating about their potential termination.

While a complete cancellation in the EU region might be unlikely, these talks should be taken seriously, especially considering that some nations have called off their VIP programs and others have eliminated the option of obtaining residency through real estate investments.

For instance, the Golden Visa program in Portugal has undergone substantial revisions, no longer permitting real estate investments as a pathway to residency. Instead, individuals interested in residency through investment must now choose from a selection of 40 approved funds within the country.

Bay Street Capital Holdings represents one of these exclusive funds, and we provide investors with a legitimate avenue to make a Portuguese Golden Visa investment. Our funds offer a streamlined process for you to both invest in promising assets, such as our boutique hotels project, and apply for a Golden Visa.Check here to learn more.

You can also invest and apply now!

EU Golden Visa fundamentals

As the demand for global mobility and investment diversification continues to rise, EU Golden Visa programs remain compelling options for individuals and families seeking residency or citizenship in other regions.

In this section, we take a look at the fundamental aspects of EU Golden Visa programs, and offer a comprehensive understanding of how these schemes operate and what they entail for prospective applicants.

How does the Golden Visa process work?

The Golden Visa scheme is a form of residency-by-investment program available in around 40 countries globally. It enables foreign investors to acquire either a temporary or permanent residency permit by making a substantial investment in the respective country. The term "golden" denotes the substantial value of the investment needed.

The Golden Visa process begins with the investor selecting a country that offers the program and meeting its investment criteria and other requirements. Investment requirements typically include investing a certain amount of money in designated sectors such as real estate, government bonds, business development, or job creation.

Once the investment is made, the investor submits an application for the Golden Visa, and provides evidence of the investment, proof of funds, and other required documents. The immigration authorities of the host country then review the application, conduct background checks, and assess the eligibility of the investor.

Upon approval, the investor receives a temporary or permanent residency permit, depending on the program's terms. This residency permit allows the investor and their family members to reside legally in the country and may eventually lead to citizenship if certain conditions are met.

Successful applications offer investors a pathway to long-term settlement and potential benefits such as visa-free travel, access to healthcare and education, and favorable tax regimes.

What is the EU Golden Visa scheme?

The EU Golden Visa scheme refers to a series of residency and citizenship by investment programs offered by various member states of the European Union. These programs allow foreign nationals to obtain residency permits or citizenship rights in exchange for making significant investments in the host country's economy.

The investments typically take the form of real estate purchases, capital contributions, job creation, or other qualifying investments, depending on the specific requirements of each program.

Eligibility Criteria for EU Golden Visa Programs

While the eligibility criteria may vary from one EU country to another, certain requirements are common across most Golden Visa schemes. These typically include:

Minimum investment threshold: Each program stipulates a minimum investment amount that applicants must meet to qualify for the Golden Visa. This investment can take various forms such as real estate purchases, government bonds, or business investments.

Clean criminal record: Applicants are usually required to demonstrate a clean criminal record and undergo background checks as part of the application process.

Source of funds: Applicants must provide evidence of the legitimate source of their investment funds to ensure compliance with anti-money laundering regulations.

Health insurance: Some programs may require applicants to obtain adequate health insurance coverage for themselves and their families during their residency period.

Residency requirements: Golden Visa holders may be required to spend a certain amount of time in the host country each year to maintain their residency status.

Investment Options for EU Golden Visa Programs

EU Golden Visa programs offer investors a range of investment options to choose from, depending on their preferences and investment objectives. The most common investment routes include:

Real estate investment: Many EU countries allow investors to acquire residential or commercial properties as a qualifying investment for the Golden Visa. This option offers investors the opportunity to generate rental income or capital appreciation while securing residency rights.

Government bonds or securities: Some Golden Visa programs permit investors to purchase government bonds or securities issued by the host country's government as a qualifying investment. This option provides a secure investment vehicle with the potential for fixed returns.

Business investment: Certain EU countries offer Golden Visa programs that require investors to make direct investments in local businesses or startups. This option stimulates economic growth and job creation while offering investors the opportunity to actively participate in business ventures.

Benefits of EU Golden Visa Programs

EU Golden Visa programs offer a host of benefits to investors and their families, including:

Residency rights: Golden Visa holders enjoy the right to reside in the host country and may eventually qualify for permanent residency or citizenship, depending on the program's requirements.

Visa-free travel: Golden Visa holders benefit from visa-free travel within the Schengen Area, allowing for hassle-free mobility across European countries.

Access to superior healthcare and education: EU countries typically provide high-quality healthcare and education systems, ensuring a high standard of living for Golden Visa holders and their families.

Potential tax advantages: Some Golden Visa programs offer favorable tax regimes for investors, including tax incentives, exemptions, or reductions on income, wealth, or property taxes.

European Golden Visa programs

Several EU nations offer Golden Visas, including Cyprus, Greece, Malta, Portugal, Spain, and Sweden.

Cyprus Golden Visa

Cyprus is an island nation situated south of Turkey and west of the Levantine coast, and a member of the European Union. Cyprus' hot summers and mild winters makes it an attractive destination for tourists and residents alike.

The nation's stable political climate plus its diversified and growing economy makes it a great prospect for investors who seek to capitalize on its strategic location and favorable investment environment.

The Cyprus Permanent Residency program offers a compelling option for investors due to the nation's tax incentives and an uncomplicated route to residency for both investors and their families.

Requirements

To qualify for the permanent residency program:

Investors must make a minimum investment of €300,000 in the country's economy. They can choose from four investment avenues: buying residential or commercial property, acquiring shares in Cypriot companies, or investing in units of registered and operating investment funds in Cyprus.

They must maintain a registered address in Cyprus. So, if an investor chooses to invest in shares of a company or units in a fund, they'll need to either buy or rent accommodation. In these situations, there aren't any set requirements regarding the value of the property or the rental amount.

Investors are required to demonstrate ongoing investment maintenance and ensure medical insurance coverage for all family members annually. Additionally, every three years, family members aged 18 and above must provide certificates verifying a clean criminal record from both their country of citizenship and their country of residence.

Investors have the option to withdraw their investment once their permanent residency expires or if they acquire citizenship. However, if an investor sells their real estate, company shares, or fund units before that, their permanent resident status will be revoked.

Benefits

Investment requirements: Investors can purchase a property in Cyprus for a minimum of €300,000 and cover associated taxes.

Residency and travel benefits: Golden Visa holders can travel around the Schengen Area without additional visas.

Family members inclusion: The Cyprus Golden Visa program allows applicants to include their spouse and direct dependents.

Path to citizenship: Investors can apply for permanent residence after 5 years of living in Cyprus. Citizenship can be applied for after being a resident for 7 years.

Greece Golden Visa

Greece, situated in southeastern Europe, is well known for its rich history and beautiful landscapes, making it highly desirable for tourists and potential residents. The Greek economy flourishes across various sectors, including tourism, agriculture, shipping, and services, which offers a stable platform for investment.

Introduced in 2014, the Greece Golden Visa program is particularly noteworthy, providing investors with a pathway to residency with a minimum investment requirement of €500,000 in real estate, bank deposit or government bonds.

Requirements

These are some of the requirements to qualify for a Greece Golden Visa:

Be 18 years of age or older. At the time of the application, the applicant (or main applicant in a family application) must be up to or over the age of 18.

Keep a clean criminal record. The main applicant and other beneficiaries must have clean criminal records, and they must maintain such throughout the application process and beyond that period.

Make a golden investment. The applicant must make a significant investment and provide proof of this financial investment. The minimum investment amount was raised from €250,000 to €500,000 in 2023, and the current prime minister of Greece has suggested raising it to €800,000.

Benefits

Residency and travel privileges: Holders of a Greece residence permit can live in Greece and travel to different countries within the Schengen zone without needing additional visas. Golden Visa holders can apply for permanent residency after living in Greece for 7 years.

Inclusion of family members: The Golden Visa program provides residency benefits to the applicant's family members, which may include their spouse, dependent children, and dependent parents.

No minimum stay requirement: Greece Golden Visa holders are not obligated to stay in Greece for a minimum period, which grants them the flexibility to travel abroad as needed to pursue other economic endeavors.

Tax benefits: Depending on the investor's country of residence, international income may not be taxed, allowing investors to conduct business activities outside Greece while still enjoying some tax benefits.

Malta Golden Visa

Malta is a group of islands situated along the Mediterranean Sea, sitting between Sicily and the North African coast. As a member of the European Union and the Schengen Zone, Malta uses the Euro as its currency. The climate in Malta features hot summers, and English is widely spoken throughout the country.

The Maltese economy relies on various sectors including manufacturing, services, tourism, shipbuilding, and textiles. With its favorable business prospects, stable political environment, and expanding economy, Malta is increasingly appealing to investors.

Among the various residency by investment programs available, Malta's permanent residency program stands out for its efficient application process, thanks to systems implemented by the Maltese government.

Requirements

To qualify for permanent residency by investment in Malta, investors must:

Investment in a Government-Approved Fund: Individuals are required to invest a minimum of €98,000 into a fund sanctioned by the Maltese government. This investment serves as a contribution to the country's development and economic growth.

Donation to a Registered NGO: Make a donation of at least €2,000 to a non-governmental organization (NGO) registered in Malta. This gesture supports various charitable causes and community initiatives within the country.

Rental Agreement Commitment: Enter into a rental agreement for accommodation in Malta, ensuring a minimum annual payment of €10,000 for the next five years. This commitment demonstrates your financial stability and contribution to the local housing market.

Requirements for Naturalization: Once granted residency, individuals must integrate into Maltese society by actively participating in community activities and respecting local customs and traditions, in order to qualify for Maltese citizenship.

Benefits

Residence and travel privileges: With a Maltese passport, individuals can travel visa-free to over 180 countries and can live, work, or study in any country within the European Union.

Family members inclusion: The Malta residency by investment program covers the applicant's spouse, children, parents, and grandparents. This inclusivity appeals to investors, especially since children up to the age of 25 and parents and grandparents over the age of 55 are included.

Quality healthcare: Malta is recognized by the World Health Organization (WHO) as having one of the best healthcare systems. Investors and their families can access quality healthcare funded by health insurance and taxation.

Opportunity for citizenship: While participation in the Malta Permanent Residency Program (MPRP) does not guarantee automatic citizenship, residing in Malta for a minimum of five years and fulfilling all other criteria for naturalization enables you to pursue Maltese citizenship.

Portugal Golden Visa

Portugal is a beautiful country in Europe with lots of history. The Portuguese economy thrives in sectors like tourism, agriculture, manufacturing, and technology, promising excellent investment opportunities. As a member of the European Union, Portugal offers various advantages, including visa-free travel within the Schengen Area.

Portugal's Golden Visa program provides a straightforward path to residency for investors, offering choices such as capital transfer, job creation, or cultural contribution. Since its launch in 2012, the Portuguese Golden Visa program has remained highly popular among investors.

Requirements

To qualify for a Portugal Golden Visa, you have to meet these requirements:

Nationalities: People from countries outside the European Union (EU), European Economic Area (EEA), and Switzerland can apply for the Portugal Golden Visa.

Prerequisites: To be eligible, you must be at least 18 years old and have a clean criminal record from both your home country and Portugal. The money for your investment must come from outside Portugal.

Minimum investment: To qualify for Portugal’s Golden Visa, you need to make a qualifying investment. Investment options include venture capital funds, starting a company, or making a donation.

Bay Street's Access

At Bay Street Capital Holdings, we offer lucrative investment opportunities and Golden Visa pathways in Portugal. US citizens and other foreign nationals can invest in our government-subsidized hotel projects and apply for the Portuguese Golden Visa.

If you're interested in learning more, feel free to contact one of our investment advisors here.

Benefits

Investment requirements: With a minimum investment of €375,000 or donation of €250,000 (for arts, national heritage or culture), comparatively low to other European countries, you can qualify for a Portugal Golden Visa.

Minimal stay requirements: Portugal's Golden Visa program only requires investors to spend a minimum of 7 days annually in the country to maintain their residency status, unlike some other residency programs.

Inclusion of family members: The Portugal Golden Visa program extends benefits to the investor's family, including spouse, dependent children, and dependent parents, allowing families to travel or relocate together.

Ease of travel: With a Portuguese residence permit, you can travel to 27 EU nations. Once you become a citizen, you can travel without an additional visa to 188 countries.

Education and healthcare: Residency through the Golden Visa program provides access to Portugal's high-quality education and healthcare systems, offering additional benefits for families relocating to the country.

Path to citizenship: After obtaining residency for 5 years through the Golden Visa, investors can apply for citizenship in Portugal, enabling them to gain dual citizenship.

Spain Golden Visa

Spain is a beautiful nation situated on the Iberian Peninsula in the southwest of Europe. With diverse landscapes, vibrant culture, and rich history, the country offers an appealing environment for residents and tourists alike. The Spanish economy is diverse, with key sectors including tourism, manufacturing, agriculture, and technology, offering ample investment potential.

Over time, Spain has become known for its high quality of life, making it an attractive destination for investors and their families. With a Spanish Golden Visa, individuals have the opportunity to work, study, and live in Spain.

To become a citizen through naturalization, one must first obtain permanent residency in the country for 10 years before applying for citizenship.

Requirements

To qualify for the Spanish Golden Visa program, investors need to meet certain requirements:

Invest €500,000 in commercial or residential real estate, either separately or combined. The property can also be rented out, and investors have the option to merge multiple properties into one investment. If the investment amount exceeds the minimum requirement, it can be financed through a mortgage.

Invest a minimum of €1 million in business development, which must lead to job creation and have a positive socio-economic impact, contributing to scientific or technological innovations.

Invest €1 million in Spanish treasury bonds or shares in Spanish companies, or deposit the same amount in bank accounts with Spanish financial institutions.

Benefits

Residency and Travel Benefits: With a temporary residence permit under the Golden Visa program, investors can travel to countries in the Schengen Zone without needing additional visas.

Inclusion of family: The Spain golden visa program extends residence benefits to investors' family members, including children and parents, who can live, attend school, and work in Spain.

Retirement benefits: Spain offers numerous pension schemes in its financial market, making it an attractive option for retired investors.**

Sweden Investment Visa

Sweden does not offer a straightforward 'residency by investment' program like some other EU countries where you can invest in real estate to obtain a residence permit.

Instead, you have the option to apply for a visa as a self-employed individual who either owns a business in Sweden or plans to start one. While there are no strict guidelines regarding the type of business, it's advisable to focus on industries such as automotive, power and energy generation, wood pulp and paper, medicine, logistics, and IT data centers.

Requirements

Requirements for Sweden's investment visa include:

Minimum age. The applicant or foreign investor must be 18 years old or more.

Clean criminal record. The applicant must have a clean criminal record and legally acquired income.

Proof of funds. They must show proof of sufficient funds to support themselves and their family in Sweden:

• 200,000 SEK for the main investor.

• 100,000 SEK for the spouse/partner.

• An additional 50,000 SEK for each accompanying child.

Business management experience. The investor must have experience in running a business.

Own half of the business. He or she must have ownership of at least 50% of the business in Sweden.

Benefits

The Sweden Investment Visa offers holders numerous benefits including:

Dual citizenship: the Swedish passport allows holders to retain his or her original passport alongside the Swedish passport.

Visa-free travel: the Swedish passport grants holders ability to travel to 188 countries without applying for additional visas.

Education and healthcare access: Swedish Visa holders are given access to the nations excellent yet free education and healthcare systems.

High living standard: the Swedish Visa offers investors opportunity obtain a residence permit in Sweden.to enjoy a high quality of life that every Swedish citizen have always enjoyed.

Tips for EU Golden Visa Applicants

Navigating the complex landscape of residency by investment programs requires careful planning, due diligence, and understanding of the nuances involved.

By addressing key considerations and implementing practical strategies, prospective applicants can maximize their chances of success and ensure a smooth application process.

Define your objectives and investment goals

Before embarking on the EU Golden Visa application process, it's crucial to clearly define your objectives and investment goals. Consider factors such as your long-term residency plans, desired lifestyle, investment preferences, and financial capabilities.

Assess whether you're seeking residency for personal relocation, investment diversification, or access to European markets. By aligning your objectives with the most suitable Golden Visa program, you can make informed decisions and optimize your investment strategy.

Conduct Thorough Due Diligence on Golden Visa Programs

Each EU Golden Visa program has its own set of eligibility criteria, investment options, and benefits. Conducting due diligence on the Golden Visa programs of interest is essential to ensure they align with your objectives and meet your expectations.

Research factors such as investment requirements, residency rights, visa-free travel privileges, tax implications, and potential for citizenship. Evaluate the reputation and stability of the host country's economy, political landscape, and legal framework to mitigate risks and make informed investment decisions.

Seek Professional Advice and Guidance

Navigating the complexities of EU Golden Visa programs can be daunting, especially for first-time investors. Consider seeking professional advice and guidance from immigration consultants, legal advisors, or investment experts specializing in residency by investment programs.

Experienced professionals can provide valuable insights, assist with application documentation, and guide you through the entire process, ensuring compliance with regulatory requirements and optimizing your chances of success.

Assess the Investment Risks and Returns

Evaluate the investment risks and potential returns associated with each Golden Visa program before making a commitment. Consider factors such as market dynamics, property values, rental yields, economic stability, and currency fluctuations.

Assess the liquidity of the investment and the potential for capital appreciation over time. Diversify your investment portfolio to minimize risks and maximize returns, taking into account your financial objectives, risk tolerance, and investment horizon.

Plan for Residency and Integration

Obtaining a Golden Visa is not just about securing residency rights, it's also about integrating into the host country's society and culture. Plan for your residency and integration by familiarizing yourself with the local language, customs, and traditions.

Research housing options, healthcare facilities, education systems, and employment opportunities available in the host country. Engage with local communities, network with fellow expatriates, and immerse yourself in the cultural experiences to facilitate a smooth transition and enhance your quality of life abroad.

Maintain Compliance with Residency Requirements

Once you've obtained your Golden Visa, it's essential to maintain compliance with residency requirements to preserve your legal status in the host country. Adhere to the minimum stay requirements, tax obligations, and other regulatory obligations stipulated by the Golden Visa program.

Keep accurate records of your residency-related activities, including travel dates, accommodation arrangements, and financial transactions. Stay informed about any changes or updates to the residency regulations to ensure ongoing compliance and avoid potential penalties or revocation of your residency permit.

Explore Citizenship Options and Long-Term Planning

While obtaining residency through a Golden Visa program offers numerous benefits, consider exploring long-term citizenship options and planning for your future. Evaluate the pathways to citizenship available in the host country and assess the eligibility criteria, residency requirements, and naturalization process. Plan strategically to fulfill the necessary conditions for citizenship over time while maximizing the opportunities and benefits afforded by your Golden Visa residency.

FAQs

The rest of this article addresses some frequently asked questions about EU Golden Visa schemes.

Can I buy citizenship in Europe?

Per the laws of the European Union, purchasing citizenship directly is prohibited. However, in certain nations, investors may find it simpler to acquire citizenship. For instance, in Portugal, one can seek citizenship five years after securing a residence permit through investment. And Bay Street's Alt Path hotel fund remains an easy pathway to a Portugal Golden Visa.

Which is the Cheapest Golden Visa in Europe?

EU Golden Visa programs offer investors the opportunity to obtain residency in exchange for a significant investment. However, it's often misunderstood that Golden Visas are only accessible to the extremely wealthy.

In reality, several reasonably priced investor residency schemes are available throughout Europe. These may well be within your financial reach, such as using funds from selling a modest property or other tangible assets.

Typically, this investment involves purchasing real estate, although some countries, like Portugal, have discontinued this option from their programs. Alternatively, investors can choose other investment routes, such as venture capital funds, government bonds, or contributions to art or scientific research.

Here are the six most economical Golden Visas in Europe:

• €100,000: Malta Permanent Residency Program (MPRP)

• €250,000: Greece Golden Visa real estate route

• €175,000: Portugal Highly Qualified Activity (HQA) Visa

• €250,000: Portugal Cultural Production Golden Visa

• €200,000: Portugal Cultural Production Golden Visa (low-density zone)

• €250,000: Latvia Investor VisaAs of February 2024, the most budget-friendly route to EU residency is through the Malta Permanent Residency Program.

Which is the Best Golden Visa Program in Europe?

Arguably, the best Golden Visa program in Europe is offered by Portugal. The application process is simple and handled by Portugal's border agency SEF.

Applicants enjoy advantages like a low minimum stay requirement: the Portuguese Golden Visa program mandates that applicants spend only about seven days per year in Portugal.

Additionally, this option to become a non-habitual resident gives Portugal Golden Visa holders significant tax benefits for up to ten years.

What is the success rate of Golden Visa applications?

When considering the EU region to determine which country welcomes the highest proportion of non-EU residents, Sweden leads with an acceptance rate of 9.3 percent, more than twice the EU average.

Sweden (not to be confused with Switzerland), is known for its welcoming attitude and for being one of Europe's and the world's happiest nations, which makes it naturally attract many newcomers.

Sweden's welcoming attitude and acceptance rate can be better appreciated when compared with the challenging nature of obtaining citizenship in other EU regions, notably in Estonia.

This northeastern European nation holds the lowest citizenship acceptance rate at just 0.6 percent. Following closely are the other Baltic states: Latvia ranks third with only 0.7 percent, and Lithuania follows in fourth place with 0.8 percent.

Why is the EU against Golden Visas and Passports?

Over 40 countries, including several EU nations, offer Golden visa or Golden passport schemes. However, there is a growing concern about the misuse of these programs by organized crime groups and corrupt officials.

The media, on both sides of the Atlantic, often highlights cases where unscrupulous individuals exploit these VIP schemes and fast-tracks to citizenship. These stories are contrasted with the experiences of regular immigrants who face lengthy waits and complex application procedures for residency.

In 2022, the European Commission, the executive body of the EU, urged member states to discontinue these programs. Ireland, Cyprus, and the Netherlands have already ended their VIP visa schemes, while Portugal revised its program in October. Additionally, all EU countries tightened their visa regulations for Russian and Belarusian nationals following Russia's invasion of Ukraine.

However, the majority of individuals applying for Golden Visas are not involved in criminal activities; they are simply seeking an alternative residency option in case of need.

Can I apply for a Golden Visa if my application has been denied in the past?

Typically, a visa rejection doesn't only impact the current application but can also affect future visa applications, possibly even for different countries. Immigration authorities often consider your history of visa refusals when evaluating new applications.

However, if your visa was previously declined due to incomplete documentation, as long as you meet the specific conditions of the Golden Visa, you still have the opportunity to obtain it. The fact that you faced rejection in the past doesn't matter.

When applying again, it's crucial to thoroughly review all the requirements and ensure that you submit all the necessary documents correctly and completely.

Get an EU Golden Visa

The EU Golden Visa journey requires careful consideration, meticulous planning, and informed decision-making.

By defining your objectives, conducting thorough due diligence, seeking professional advice, and assessing investment risks and returns, you can navigate the Golden Visa landscape effectively and achieve your goals of international mobility and financial security.

As your begin your EU Golden Visa application process, ensure that you empower yourself with relevant knowledge, leverage expert guidance, plan for residency and integration, and maintain compliance with residency requirements.

Remember that with Bay Street's Alt Path hotel fund, you can embark on your Golden Visa journey with confidence and optimism for a brighter future in Portugal and Europe.

Sources

https://digitalemigre.com/relocation/cheapest-golden-visas/

https://immigrantinvest.com/blog/grazhdanstvo-es-za-investicii-en/

https://www.baystreetcapitalholdings.com/top-golden-visa-programs-for-investors/

https://www.dw.com/en/why-are-golden-visa-schemes-being-scrapped/a-68073414