The Cyprus Golden Visa program is highly recommended as the best option for foreign investors looking to obtain permanent residence in Cyprus. No language requirements.
- Investment Requirement: Applicants must invest at least €300,000 in a new property.
- Income Requirement: Applicants must show an annual income of €50,000 from abroad. If bringing a spouse, the income requirement increases by €15,000.
- Permanent Residency: The program grants permanent residency to the applicant, their spouse, and underage children. Residency is granted for life and does not need to be renewed.
- Path to Citizenship: After living in Cyprus for eight years, investors can apply for Citizenship.
Spain is reconsidering its golden visa program after a Senate veto, creating uncertainty in the market. This shift reflects broader trends across Europe to reassess investment-based immigration programs. As governments become more focused on sustainable growth and local integration, golden visa programs are adapting to reflect these priorities.
France is introducing new rules for anyone seeking long-term residency in the country. Starting in 2025, you will need to prove proficiency in the French language to obtain a multi-year residence permit. This policy applies to those seeking to stay in France for more than a year and is part of a broader effort to ensure better integration of immigrants into French society.
Greece – The minimum investment amount is €250,000 for real estate in certain areas, but it can go up to €800,000 in more popular regions like Athens, Thessaloniki, Mykonos and Santorini. The program grants a 5-year residency permit, which can be renewed indefinitely as long as the investment is maintained.
Credit: Helen Danilidou @ Cyprus Emerald