This video looks at countries in Europe that provide residency by investment. This move can even open the doors for eventual citizenship.

Imagine having a special permission to live in a country without becoming a citizen – that's what a residency permit is all about! With this permit, you can legally live, work, go to school, and even access healthcare in that country.

Now, here's the cool part about European residency programs: they're like a VIP pass to 26 different European countries (except the UK) called the Schengen Area. It means you can travel to all these places without needing a visa!
But wait, there's more! There are special programs where, if you invest in the country, you can eventually become a citizen. It's like joining an exclusive club, but there are some rules. You might need to live there for a certain time and even take a language test.

These European residency programs have some really neat features:
1. They're super quick – usually taking only 3 to 5 months.
2. No stressful interviews to get your residency – it's easier than you think!
3. You get to travel freely to those 26 Schengen countries in Europe.
4. You don't have to worry about taxes unless you actually live in the country.
5. And guess what? Your family – your spouse, kids, and even your parents – can join you on this adventure!

Now let us look at European countries that offer residency by investment programs


Greece
• Getting a Greece Residence Permit takes about 2-3 months on average.
• To qualify for the Greek Golden Visa, make a minimum real estate investment of €250,000.


Portugal
• Getting a Portugal Residence Permit takes 8-10 months.
• Invest at least €200,000 for the Portuguese Golden Visa.

• Hold Permanent Residency for 5 years, and you might become a Portuguese citizen.

Hungary
• Getting a Hungary Residence Permit takes just 3 months.
• To qualify, you'll need to invest in real estate – a minimum of HUF 52 million (approximately EUR 135,000).
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Spain
• Getting a Spain Residence Permit takes just 3 months.
• To make it happen, invest a minimum of €500,000 in real estate – that's the key to the Spanish Golden Visa.
• The residency is valid for 2 years and renewable for 5 years.

Cyprus
• Getting a Cyprus Residency takes about 3 months on average.
• You have options for investment – go for real estate, shares of Cypriot companies, or shares of Cypriot investment funds.
• To qualify, make a minimum investment of EUR 300,000 plus VAT (5% to 19%).


Italy
• Getting residency in Italy takes about 2 to 3 months on average.
• To make it happen, consider investing in a start-up or an Italian Joint-Stock Company. The entry cost? From EUR 250,000.
• If citizenship is in your plans, it takes around 10 years after obtaining residency.

Andorra
• Getting residency in Andorra takes about 3 months.
• To make it happen, consider investing in real estate – the cost is EUR 600,000 plus a refundable deposit.

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