There are a number of options open for
those wanting fast access to Europe. The current Residency by Investment
Programmes that are available in Europe includes options from the likes of Spain,
Portugal, Cyprus, Bulgaria and Hungary.
They typically enable the investor and family to live in the country
that is providing the programme and to travel on a Schengen visa. They are
therefore suited to those that require the flexibility of fast and secure route
to Europe if needed, the option to travel without the need to work in Europe.
The speed, complexity and costs do vary and
one option in particular has proved to be extremely attractive since its
introduction a few years ago and that is the Cyprus Permanent Residency
Programme. There have been over 2,000 successful applicants in the last 2
years, however why is it proving to be so popular? Basically it is very fast, very simple and
also more cost effective than the previous options that were on the market.
It has now introduced a fast track service
which takes just 8 weeks!! There are no residency requirements, no language
requirements and is therefore provides a very fast and easy option for those
with funds to invest. By investing a
€300,000 in a new home it is also considerable more cost effective than the
Golden Visa options from Spain and Portugal which start at €500,000.
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