Investment programs for obtaining residence permits

Citizens from all over the world are seeking to move to different countries in search of a better quality of life and new business opportunities. In this context, knowledge of various investment programs that allow for residency in different parts of the globe is crucial. One of the most sought-after programs of this kind is the American EB-5.

American EB-5 program

The EB-5 program was relaunched with updated terms and conditions. It provides for investments in business, in particular, in commercial real estate funds in the amount of $800,000 or $1.05 million, depending on the selected project. Within five to seven years, the investor can return the invested funds, provided that the green card is retained. However, in order to obtain a green card, the investment must lead to the creation of ten or more jobs for fully employed workers. The average waiting period for a green card is two to four years.

In addition to the primary applicant, a spouse and children under 21 can also obtain a green card and become tax residents of the USA after a status change. It is recommended to reside in the USA for at least six months a year, and after five years of residency, one can apply for citizenship. It is important to remember that the business must be profitable in order to maintain the status.

Canadian program for the Atlantic region

Another popular program is the Canadian program for the Atlantic region. It is designed for highly skilled foreign professionals, students who have graduated from colleges and universities, as well as medium-skilled workers who want to live and work in one of the four provinces bordering the Atlantic Ocean. Applicants can apply without the need for investments if they receive an invitation from one of the accredited regional companies, which will allow them not only to secure a job but also to obtain permanent residency for themselves and their family members in Canada.

Turkish residence permits

Turkey is also attracting considerable attention as a residence permit target, especially due to its affordable conditions. Now, to be able to obtain citizenship through naturalization after five years of residence in the country is enough to purchase real estate worth $75 thousand or more

Portuguese program

The Portuguese initiative also attracts financially secure individuals and retirees who require a monthly income or proof of financial solvency through a variety of sources. It offers the opportunity to obtain a one-year renewable residence permit and eventually apply for permanent residence and citizenship.

Greek program

The Greek program, on the other hand, is designed for those who intend to use Greece as a place for leisure and consumption, without engaging in earning income. This initiative attracts individuals who can support themselves without a steady income but have substantial financial resources for consumption and investment.

Programs for financial independence abroad

For those seeking financial independence and the ability to work and live outside their home country, countries like Cyprus, Greece, Bulgaria, and Italy offer various residency programs for foreigners. Each of these countries has its own features and criteria for participation.

Residence permit in Greece

The residence permit program in Greece is one of the most attractive in Europe. The requirements include a stable income of €2,000 per month, housing in the country and legal sources of income. The period of validity is two years with the possibility of extension for three years. After five years of residence it is possible to apply for permanent residence, and after ten years - for a Greek passport.

Residence permit program in Cyprus

For real estate investors in Cyprus, there is an opportunity to obtain permanent residency with investments starting from €300,000 in property. An annual income of at least €30,000 is also required. After living on the island for seven years, you can apply for citizenship.

Residence permit in Bulgaria for retirees

Bulgaria offers excellent conditions for retirees, including a stable annual income and housing availability. Financial obligations depend on the amount of the official pension in the country. The duration is one year with the possibility of extension, and there is a right to permanent residency after five years and citizenship after ten years.

Residence permit program in Italy

Italy offers a program for financially independent individuals - residenza elettiva. The main requirement is a passive income of €31,000 per year. This is a great opportunity for successful entrepreneurs and retirees who want to enjoy the Italian lifestyle. Obtaining residency in Italy opens up many opportunities for living and working in this beautiful country.

Conclusions

Each of these programs offers unique opportunities for those looking to achieve financial independence and move to Europe. It is important to carefully study the requirements and conditions of each program before making a final decision.

Conclusions on residence permit programs

I recommend the EB-5 program for obtaining residency in the USA. Despite the requirement to invest from $800,000 or $1.05 million, the invested money can be returned in five to seven years, provided that ten or more jobs are created. Additionally, you can expect to receive a green card for yourself, your spouse, and children under 21, with a waiting period for the green card ranging from two to four years. It is also important to note that after obtaining a new status in the USA, you automatically become a tax resident, which can be an important factor when applying for citizenship in the future.

Other residence permit programs

In addition to the EB-5 program, it is also worth exploring the opportunities offered by residency programs in Canada, Turkey, France, Portugal and Greece. It is important to research the terms and conditions in detail and consult with experienced professionals to determine the best option for your situation.