How to become a citizen of the EU through investment?

High standard of living, quality education and scenic beauty are just some of the reasons that make the European Union a preferred destination. Many European countries offer citizenship through investment.

To become a citizen of the EU means to become a citizen of any of its member states.

 A citizen of any country in the European Union enjoys the below benefits:

• Reside legally in an economically stable area
• Travel visa-free to other Schengen member states and European countries
• Get access to the best banks in the EU and the world
• Get access to one of the best healthcare systems
• Get access to European education which is one of the best in the world

The EU is also a great place for new business opportunities. It has an advantageous tax system and provides other financial tools to talented entrepreneurs.

Certain countries in the EU have special programs that allow you to obtain a passport through investment. Applicants have to meet the minimum requirement of investment and other eligibility criteria.

Affluent people who have the means and want to settle in Europe can use this pathway. The government of the country benefits by getting an external financial flow. The investment is mostly accepted in government bonds, national funds or property.

Which are the most popular countries in the EU to get citizenship by investment?

Here are the most popular countries to get citizenship by investment:

Malta:

The Maltese Govt runs a program that allows foreign investors to obtain citizenship by buying real estate worth € 1,000,000 or above. You can also gain citizenship by investing in government bonds and funds. However, this investment is non-returnable. Malta will consider your application for citizenship from 14 months, as per RealtyBiz News.

Portugal:

To gain Portuguese citizenship you need to invest in real estate worth €500,000 or above. You may also invest the amount in restoring an old building in the country. You can also contribute € 1,000,000 or more to the economy of Portugal for citizenship. The Govt. will also consider your citizenship application if you succeed in creating at least 10 jobs for residents. Your term of consideration for the application is from 6 months.

Cyprus:

You can obtain Cyprus citizenship by buying property for €300,000. You may also make a bank deposit for 3 years. Cyprus is an excellent option for businessmen as it has the lowest income tax in the EU. Your application will be considered after two to three months.

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