Europe’s plethora of options at every investor’s disposal
Life and investment in Europe’s most welcoming country - Spain
A 2018 study conducted by the Pew Research Center found Spain to be the most welcoming European country for refugees. This hospitable reputation, the famous Spanish lifestyle, weather, and right to free movement, have propelled the Western European nation even higher on the list of investors’ preferred destinations.
Like neighbouring Portugal, Spain prescribes different minimum investment thresholds, depending on the type of investment. Those looking to park their money in Spanish public debt must invest EUR 2,000,000, whereas investments in equities, investment funds or bank deposits are half that amount. Real estate acquisition, meanwhile, serves as a much more cost-effective alternative, at EUR 500,000.
Portugal: A plethora of options at every investor’s disposal
It would be a gross understatement to say that Portugal has become the hot favourite among investors. This isn’t just based on anecdotal evidence – The Western European nation received more investment-based immigration applicants than the USA in 2018!
Portugal has a number of investment options based on the sector being invested in. The real estate sector in Lisbon mandates an investment of EUR 500,000, however that amount is lowered to EUR 350,000 for investments in many other cities. Any investment made towards research also qualifies for the lower minimum of EUR 350,000, whereas the minimum threshold for investments in designated funds is EUR 500,000.
At EUR 250,000, the most inexpensive option for investment-based immigration to Portugal is an investment in the preservation, recovery, maintenance or support of the nation’s cultural heritage. Investments in enterprises, on the other hand, must be at least EUR 1,000,000 and create 10 jobs.
One of the biggest draws for investors is that residents of Spain, like those of many other European countries, have the right to visa-free travel across the Schengen countries, ranging from Italy to Sweden!