The Golden Visa is the best option for international investors that aim to have a plan B for themselves and their family, with the possibility of top-quality education and low-cost living in exchange for capital investment in a certain country. With this residence permit, the main applicant and his family will be allowed to live, study, and travel without the need for a visa. For instance, for investors that have obtained a Golden Visa in Spain, Portugal or Greece, their whole family is granted visa-free access to the Schengen Zone, which includes Sweden, Germany, and Italy; perfect for hassle-free visits to a neighboring European country to experience traditional food, explore foreign streets, and learn about a different culture.
Benefits of the Spanish, Portuguese and Greek Golden Visa
The main benefit of acquiring a residence permit with the Golden Visa is that you will be able to move freely to the country of residence of your preference with your family, which is a privilege that will ensure the best option for your future. Being a resident of a country includes having access to their health system which is advantageous in places like Spain. In the long-term, investing €500,000 for a residence in Spain will be a wiser option for American citizens, rather than spending it on the price of healthcare in the USA; the low cost of living and the Mediterranean weather is just a plus.
The advantages of the Golden Visa vary depending on the country you want to invest in. The most popular, the Spanish Golden Visa, grants EU residency in 60 days without the need to stay in the country for renewal after investing €500,000 in real estate. The Golden Visa is the fastest and easiest way to reside in the country, which also:
- Allows the investor and all the family members (spouse, children that are under 18 or economically dependent, and dependent parents) to move together to the country.
- The possibility of all the beneficiaries of the permit to work if over the age of 16.
- Access to public and private healthcare, whereas the public system provides free basic healthcare for those who contribute to the Spanish social security system and their families, and to retirees.
- And also access to the education system which is of international standards.
For this, investing in real estate in Spain has been an all-time retirement choice for foreign entrepreneurs, or for families that want to secure an alternative plan.
Another option for overseas investors is the Greek Golden Visa, which offers the lowest cost and fastest program to obtain a residence in the EU. With more than 2,000 islands in total, Greece has plenty of space for entrepreneurs to expand their business while having the chance to enjoy the good economy, wonderful landscapes, and the warmth of the Mediterranean people and weather. Like its neighbor country, Spain, Greece offers a golden visa where the whole family can benefit from its advantages, which also includes access to a high standard of schooling and health service for free; although the investment is more economic, with a minimum of €250,000.
The Golden Visa is also offered by other countries outside the EU. From the lowest to the highest minimum of investment with a range of €175,000 to £2,000,000, investors from across the world can choose to live in Spain, Greece, Portugal, Canada, UAE, United Kingdom, and Germany among other countries. This crucial investment is the free pass for whole families to enjoy a more prosperous life, having the opportunity to choose in crisis situations or when there are unexpected life-threatening situations as the actual pandemic is. This right to choose, should you prefer to escape to the calm and budget-friendly Portugal, or to invest in a potential business in a foreign country, will give you the assurance of a lifetime investment that benefits the whole family.