Obtaining the right to reside in a developed country is a great opportunity to improve your quality of life.

This desire becomes especially relevant if your state does not provide enough freedom of movement, and also if there is a political or economic crisis within it.

The Spain Golden Visa program is attractive to wealthy applicants who know their purpose.

Another equally attractive option is Greece.

In this overview, we will look at both projects in detail to make it easier for applicants to choose a promising solution for their future life and realize their most cherished dreams.

Spain’s Golden Visa Program: An Overview

As part of the program, participants are offered a simplified procedure for obtaining a document allowing long-term stay in Spain.

The ultimate goal of the Spain Golden visa program is to improve the state’s welfare indicators through a policy of attracting additional personnel, creating incentives for the development of various business sectors and promoting generous investment.

Campaigners who voluntarily invest €1 million in the country’s economy contribute to increased capital growth.

Thus, the Spanish Golden Visa program offers mutually beneficial conditions, giving many tangible priorities to applicants.

They can get a job, study without restrictions, and also receive a passport after 5 years of residence.

Benefits of Spain’s Golden Visa Program

Spanish landscape, Nerja

The project can be considered a leading offer for individuals who are owners of profitable businesses or simply have substantial capital.

Everyone who is ready to make a significant contribution to the country’s economy will receive the following benefits:

  • the opportunity to freely visit all Schengen states;
  • the right to reside and also to become an employee of a Spanish company;
  • the possibility of family reunification, including husband, wife, parents and children;
  • lack of conditions for staying in the country to acquire status;
  • obtaining citizenship after five years of living on the territory of the state.

Considering the above advantages, applicants can appreciate the program and quickly begin to implement it.

Application Process for Spain Golden Visa

To become a participant in the program, you must make a financial contribution to the state.

The applicant must invest 500 thousand euros in the acquisition of real estate, 2 million euros in the form of government bonds or 1 million euros in the form of shares.

The candidate must provide the following documents:

  • passport;
  • confirmation of available finances;
  • document certifying health insurance;
  • proof that your children are currently in school.

Any participant in the Spain residence permit by investment program must be of legal age at the time of submitting the application, have no criminal record for the last 5 years, and also have a sufficient amount of money to live in Europe without the need to earn money.

Beautiful young woman in white dress and straw hat and coffee cup sitting on white terrace balcony of house or hotel with Sea View.

Greece’s Golden Visa Program: An Overview

A worthy alternative to the Spanish program, since it also has attractive, competitive conditions.

Everyone who is eligible to participate in this project is promised the opportunity to stay in the country for a long time, as well as the right to study and work.

According to experts from the Immigrant Invest company, the Greece residence by investment program in its priorities and benefits is in many ways ahead of alternative initiatives in Malta, Spain, Turkey and other countries.

Participants are invited to make a contribution to real estate in the state in the amount of €250,000.

The offer is quite suitable for wealthy managers of capital.

Benefits of Greece’s Golden Visa Program

If you have enough funds and want to secure a decent future for yourself, then this program is the best solution.

It’s fairly flexible conditions to suit people with different preferences.

All of them receive the right to reside in a country that is attractive to both business owners and ordinary tourists.

Those who decide to become participants in the Greece Golden visa program can take advantage of the following benefits:

  • free entry into the Schengen territory;
  • opportunity to study and get a job in Greece;
  • family reunification, including not only first-degree relatives, but also mothers-in-law;
  • the opportunity not to live in the country in order to receive the privileges promised by the project.

Along with numerous advantages for applicants, the Greece residence permit by investment offer provides an opportunity to improve the state’s economy through a powerful influx of funds from wealthy entrepreneurs.

Application Process for Greece Golden Visa

The basic condition for candidates is the purchase of real estate located in the country in the amount of 250 thousand euros.

The applicant must be an adult, have no criminal record, and have health insurance.

There are no clear rules regarding the availability of money, but it is stated that applicants must have a regular income.

All you need is a passport, photographs and a medical certificate.

To start the process, you need to declare this in writing, also attaching the necessary documents.

Conclusion

Spain and Greece’s full-time residency offers are largely similar to each other.

But their rules require depositing different amounts.

There are some other differences that are clearly visible after reading the detailed description given in this article.

Anyone who wants to live in an economically developed state with the opportunity to travel freely can make their choice in favor of one of the projects and enjoy the benefits provided.

Photo Credit: Depositphotos


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6 COMMENTS

  1. There is quite a considerable monetary difference between the two, Greece seems to be far cheaper. Worth considering as a retirement option.

  2. For those that want to travel, this is such a fantastic opportunity. I find visas to be such a long and expensive process, so the thought that these countries are working on more understandable ways to obtain visas is a positive.

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