Many U.S. citizens apply for a European residence: the importance of having a Plan B

Due to the coronavirus situation, many U.S. citizens have applied for a European residence programme. The majority of them, are familiars of immigrants from Europe who live in the U.S. and now they want to come back to their origin country or in other attractive European countries, like Spain, Greece or Portugal, for example.

As the pandemic has affected the whole world, many people have realized that having a second passport or a European residence is a very good idea. Firstly, because it gives more freedom to travel between different countries in the EU, enjoying the culture, food and quality live. Moreover, having an alternative plan it gives you economic, political and social independence from your country of origin and it also allows you to obtain the program for all your family member (it varies depending on the country).

For all these reasons and to face up the coronavirus, many Americans have found very attractive the idea to get a second passport or a European residence. It is also important to highlight, that having a plan B is synonymous of greater tranquility and calm, what it means that in an adverse situation, like the current one, you have the assurance that you and your family are on a more stable stage.

European residence or Golden Visa

As we have explained before, European residence gives you many advantages. In addition, it allows you to regroup your family, access to the healthcare and educational system, right to work in Spain and Portugal, not in Greece and an excellent quality life.

The Golden Visa programme is one of the most attractive and accessible in Europe. It is an investment programme which grants the residence permit in exchange for a capital investment in a certain country. The most popular are: Spain, Italy and Greece. Those are the main characteristics on of each one:


Spanish Golden Visa:

Residence in 60 days

Investment from €500,000

Visa-free travel to Schengen zone


Greek Golden Visa:

Approval in 60 days

Investment from €250,000

Visa-free travel to Schengen Zone


Portuguese Golden Visa:

Approval in 90 days

Investment from €280,000

Visa-free travel to Schengen zone


Orience by your side

If you are interested in the Golden Visa, we will advise you on which residence programme is best for you and your family according to your needs and circumstances.

Moreover, you can invest and apply for a programme without leaving your country. Our team will manage everything so you do not have to worry. Contact us.


Source: The New York Times