The best countries in the EU to buy real estate and receive citizenship

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One of the ways to obtain permanent residence and citizenship of another country is the purchase of property in exchange for legal status.

We have identified the best countries in which you can buy property for obtaining a residence permit and EU citizenship.

📌 Greece

Real estate value from €250,000*

When buying a property, a residence permit is issued, which will need to be renewed every 5 years, and you can keep it as long as you continue to own the property.

Your family members will also receive a residence permit in Greece.

You will be able to apply for Greek citizenship after 7 years.

* The Greek authorities are planning to increase the value of real estate in order to obtain a residence permit up to 500 thousand euros. The changes are expected to come into effect during 2023.

📌 Cyprus

Property value from €300,000

Buying property in Cyprus is very profitable, as you can not only profitably invest money in real estate, but also obtain permanent residence in Cyprus for investment for the whole family.

Unlike other countries, Cyprus issues permanent residence, not a temporary permit.

Having received permanent residence in Cyprus for the purchase of real estate and living in Cyprus for more than 7 years, allows a foreigner to obtain citizenship of Cyprus.

The resident card is also available to all family members.

📌 Portugal

This country offers the fastest way to obtain a residence permit and citizenship in the EU.

You can receive a residence permit in Portugal for the whole family when buying property from €350,000 (property subject to renovation) or from €500,000 any type of property.

The property must remain yours for five years from the date of purchase.

And after 5 years you will be able to apply for Portuguese citizenship.

📌 Spain

You can also get a residence permit for the purchase of real estate in Spain, however, the period for acquiring citizenship is from 10 years and you will need to renounce your first citizenship.

The minimum amount of real estate purchase to obtain a residence permit in Spain is from €500,000.

📌 Malta

Malta is the only EU country that still offers a Citizenship by Investment program under which you can obtain a Maltese passport 12-18 months after a significant investment in the country.

The cost of real estate for obtaining citizenship is from 700,000 euros + a non-refundable grant of 600 or 750 thousand euros + a donation of 10 thousand euros.

 

⁉️ How to buy real estate, get a residence permit, permanent residence and reach the citizenship of the chosen country
⇒ Contact Feod Group specialists!

 

OBTAIN PROFESSIONAL IMMIGRATION ADVICE

If you have any questions in any of the directions, please contact us.

Article author

Luhina Iryna Head of department
Visas and Immigration
Ukraine
In 2006 graduated from the National Aviation University (NAU), Kiev with a degree in Philology, Translation. Irina Lugina has many years of successful work experience in large companies with a voluminous workflow. Within Feod Group specializes in: visa support by category for financially ...
In 2006 graduated from the National Aviation University (NAU), Kiev with a degree in Philology, Translation. Irina Lugina has many years of successful work experience in large companies with a voluminous workflow. Within Feod Group specializes in:
  • visa support by category for financially independent foreigners, visas for entrepreneurs and investors in the EU, Great Britain and the USA.
  • preparation and compliance of packages of documents for registration of companies in low-tax jurisdictions, opening bank accounts.
  • obtaining a residence permit and permanent residence in Ukraine on the basis of marriage and through company registration.
Speaks Ukrainian, Russian, English
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