Opening in 2020 for EUR 2 million. After success of Greek golden visa scheme which already brought billions of euros into the Greek real estate market, the new right wing Government under newly elected Prime Minister, Kyriakos Mitsotakis is preparing to rollout the citizenship scheme for investments by first quarter of 2020, according to Greek media reports.. Looking to establish a permanent foothold in the EU in 2020? While Cyprus’ investment citizenship program has been suspended, its residency by investment program, or “Golden Visa”, remains intact. 19 likes. The Greek Golden Visa Programme puts EU residency within reach of South African business professionals and families, with eligible investments starting from around €300,000 inclusive of professional service fees. For a property investment of 250,000 Greece issues permanent residence permits to investors and all their family members. ... in November of 2020. The Greek Golden Visa is a residence by investment program, which allows the investors to obtain permanent residency in Greece in exchange for an investment in real estate. New data published by Enterprise Greece and Migration office reveals shocking number of golden visas issued for 2020. Citizenship by investment is a process by which an individual obtains a second passport and second citizenship by investing in the country ― usually in the form of property investment. If the Greek residence by investment program doesn’t seem like the right fit, you could stay put until Greece launches its citizenship by investment program that’s in the works. The Greece Citizenship by Investment scheme (GCBI) … Depending on the country, there are specific requirements for the investment you can make, and different benefits associated with the passport you acquire. Greece Citizenship by Investment. GREECE RESIDENCY BY INVESTMENT PROGRAMME. Greece Citizenship by Investment provides a Golden Visa Program as an avenue or method of obtaining Permanent residence in Europe by investing in real estate in Greece. This allows the investor to apply for citizenship after seven years of permanent residence in Greece, provided that they spend at least 183 days each year there. The Greek golden visa (GGV) scheme remains the most popular residence by investment scheme in Europe. This would give you the added benefit of being able to live and work in the Schengen area, not just traveling within its borders. While still operational, the citizenship by investment program in Cyprus gave you several investment options… but at €2,150,000 (plus V.A.T), it comes at a heftier price than Malta’s. Nonetheless, chances are that at least one or two of the below countries will formally open or announce a CIP in 2020. Limited to 200 investors per year. ‘Note’ – this list consists of the countries that are best for residency by investment, citizenship by investment, Golden visa programs, and immigration by investment altogether. ... 2020 0. Albania The Guardian falsely reported that Albanian Prime Minister Edi Rama “launched a citizenship by investment program” at Henley & Partners’ annual conference in London in November. Minimum outlay €250,000; Processing time 2 months to residency / 7 years to citizenship; Residency or travel requirements 1 day in Greece every 5 years; Freedom of movement 184 countries Investment Options 10 Overview Applicants can gain citizenship via a residency route offered by its residency by investment programme. ‘Portugal’ – Portugal is among the best available option when it comes to Golden Visa. 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