12 COUNTRIES THAT GIVE RESIDENCE PERMISSIONS TO BUYERS

In this blog post, we talked about countries where you can get a residence permit by buying a house.

1. GERMANY

• There is only one condition to obtain the right to reside in Germany first and then to obtain citizenship: establishing a business with an investment of 250 thousand Euros and providing employment to German citizens in this workplace.

2. UK

• England, The Turkish citizens are specifically granted an entrepreneur visa within the framework of the Ankara Agreement . According to this special application, it is very advantageous for Turkish citizens who have established a business in the UK and are in charge of the business they have established. In the first step, England gives a one-year visa to Turkish citizens . At the end of one year, if the UK government approves the business carried out by a Turkish citizen holding an entrepreneur visa, the visa period is extended for another three years.

• Those who have lived in the UK for 4 years under these conditions gain the right of permanent residence. In addition,  After 5 years, they can apply for citizenship.

3. UNITED STATES (USA)

There are 2 ways to obtain permanent residency in the regions designated by the US government:

• To invest 500 thousand dollars and to provide employment for at least 10 people with this investment

• Establishing a company with a capital of 1 million dollars

The investment amount requirement in question reaches 1 million dollars in centers where unemployment is low. Those who fulfill one of these investments 5. gains the right to become a U.S. citizen.

4. DOMINIC REPUBLIC

 The Dominican Republic offers 2 separate conditions for those who apply for a residence permit to the country alone and those who want to live in this country with their spouse and children:< /p>

• To invest 100 thousand dollars in this country for the right of citizenship of the Dominican Republic alone

• To invest 200 thousand dollars for those who want to obtain Dominican Republic citizenship with their spouse and children.

Spanish is the official language of the Dominican Republic, located in the Americas, on the island of Hispaniola in the Caribbean.

5. IRELAND

• Irish and English speaking Ireland is also one of the EU member states…

• How to obtain a residence permit in Ireland; Buying real estate worth 400 thousand Euros.

6. SPAIN

According to the law granting residence permit to foreign investors in Spain, the conditions are as follows:

• Foreigners who buy a house worth 160 thousand Euros in Spain are entitled to a residence permit and visa-free travel.

• Another condition is to spend half of a year in Spain.

• Those who stay in Spain for 10 years gain citizenship.

7. CANADA

Requirements for obtaining a residence permit and citizenship in Canada:

• 400 thousand dollars investment

• $800,000 bank account

Acknowledgment of immigration status is an important detail before applying for citizenship in Canada.

8th LATVIA

Latvia, which is located in Northern Europe and is an EU member, is one of the most advantageous countries in terms of residence permit conditions.

• Foreign investors in Latvia are allowed to roam between EU member states.

• Latvia’s condition is clear: to buy a house worth at least 143 thousand Euros from big cities and at least 71 thousand 500 Euros from rural areas.

Russian is widely spoken in the country, whose official language is Latvian, Due to the density of the Russian population .

9.MAKEDONIA

There are two opportunities in Macedonia:

• Foreigners who buy real estate worth 40 thousand Euros get a one-year residence permit, and businessmen who invest 400 thousand Euros gain citizenship.

10.MALTA

Maltese citizenship provides opportunities to live, work and study in EU member states and Switzerland. It also offers visa-free travel privileges to 167 countries, including the USA.

The 3 investment requirements for citizenship application in Malta are as follows:

• To donate at least 650 thousand Euros to the Maltese government

• Buying a house in Malta worth at least 350 thousand Euros. Alternatively, rent a residence for 5 years. The annual amount of the house to be rented must be at least 16 thousand Euros.

• To invest 150 thousand Euros in Maltese government bonds with a maturity of 5 years.

11.PORTUGAL

Portugal offers two different options for foreigners:

• Foreigners who buy a house worth at least 500 thousand Euros gain the right to travel without a visa.

• Foreigners who establish a business in Portugal that employ at least 10 people are granted a residence permit.

• It is necessary to spend 5 years in the country to apply for the right of permanent residence.

12.GREECE

When you buy a house with a value of 250 thousand Euros or more in Greece, 5-year residence permit  is provided. Residence permit can be renewed every 5 years.

• Families can include their parents in the residence permit application.

• Children can use their residence rights up to the age of 21.

• This right does not include work permit.

• Those who have a permanent residence permit in Greece can have the right to travel in EU countries without a visa.