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Requirements for obtaining a residence permit through real estate purchase

Requirements for obtaining a residence permit through real estate purchase

Requirements for obtaining a residence permit through real estate purchase
  • Programs for residence permits through real estate acquisition
  • Investments and immigration: opportunities abroad

Obtaining residence permits through real estate acquisition

The requirements for obtaining a residence permit through real estate acquisition are generally standard everywhere, but there are differences. The main condition is the ownership of residential or commercial property, either fully or partially (usually at least 50%). Some countries have a set minimum property value, while others do not. Additionally, the property must be in acceptable condition and used for its intended purpose.

Changes in access for citizens of Russia and Belarus

Some countries have closed their residency programs through real estate for citizens from Russia and Belarus. For example, Latvia and Greece no longer offer this option. However, there are easy relocation options related to purchasing property in other countries.

Examples of opportunities in different countries

  • Albania:Acquisition of residential or commercial property with at least 50% of the total area, no less than 20 sq.m per person. For example, a studio in Durres can cost €36,000 and is located 150 meters from the beach with a sea view.
  • Serbia:In this country, there are no minimum investment requirements or specific types of real estate. The main thing is that the housing is suitable for living. For example, a 160 sq.m house in Loznica with a garden and fruit trees can be purchased for €79,000.

Buying property abroad

Buying property abroad is a great opportunity to realize your dream of living in a beautiful house with a garden. Despite the distance from the airport, the availability of roads and the cozy atmosphere in Serbia will make your stay unforgettable.

Investments, immigration, and real estate abroad

In recent times, investing, immigration and real estate abroad have become an integral part of many people's lives. of many people's lives. One of the most attractive for this purpose is Montenegro.

Investments in Montenegro

The investment program has no restrictions on the cost of the property, and it is sufficient to show an income of €3650 per year per person to obtain residency. We can offer you a two-room office space in Montenegro, with an area of 30 square meters and two separate entrances, located on the boulevard in the center of the city of Bar.

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This space can be used for both commercial purposes and for living, for example, as a café or bar. In recent years, Montenegro has become very attractive to foreigners, which has increased the demand for office spaces and provides excellent opportunities for generating good rental income.

Immigration in Turkey

An interesting destination is also Turkey. To obtain a residence permit with the possibility of naturalization, it is necessary to purchase real estate worth between $50,000 and $75,000, depending on the location of the property. We recommend considering a two-bedroom apartment with a finished interior, covering 85 square meters in Mersin, which is located in the city center, close to public transport and the sea. This apartment is almost ready for living, allowing you to save on renovations.

Northern Cyprus

It is also worth noting Northern Cyprus, where there are no restrictions on the cost of real estate for obtaining local residency. However, it is necessary to provide documents confirming the availability of sufficient funds for living in the country. Currently, there is a very attractive offer - one-bedroom apartments under construction in Güzelyurt, with an area of 76.32 sq.m, priced at €47,000. This is an excellent option for those looking to purchase property profitably in NorthernCyprus.

Requirements for obtaining a residence permit through real estate purchase

Conclusion

I have come to the conclusion that the requirements for obtaining a residence permit through real estate purchase can vary significantly from country to country. Some have minimum property values, while others do not have such restrictions. Although some countries have closed their programs to Russian and Belarusian citizens, there are still opportunities for easy immigration through property acquisition.

Albania and Serbia

Albania and Serbia offer excellent options for purchasing property for both personal use and business. Real estate in Montenegro can also be a good investment, especially in commercial properties that can provide a stable rental income.

Turkey

Turkey has its own specifics regarding the minimum property cost for obtaining a residence permit with the possibility of naturalization. At the same time, Northern Cyprus does not impose restrictions on property prices but requires sufficient funds for living in the country.

Opportunities for relocation

All these opportunities offer a wide range for those who want to move abroad by purchasing real estate and start a new life in another country.

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