Spain ranks third in a study on the most popular destinations to move to, only behind Canada and Japan, making the Mediterranean country one of the top choices for foreigners that are looking for a new location to reside, or for business. An increasing number of international entrepreneurs have opted for the Golden Visa Spain as their path to acquire a permanent residence permit. With this investment program, the principal investor and family members that are not residents of an EU country will be eligible to live, work and study in Spain.

Here you will find the main reasons why the Golden Visa Spain is the best option for non-European investors that are planning to acquire permanent residency in Spain.

1. Investors and family members can move together to the country and benefit from the advantages of becoming a resident of Spain

With the Golden Visa Spain, visa-holders will have access to public and private healthcare, as well as to the educational system in the country, which has been updating and guarantees the best quality education at international level.

Moreover, the Mediterranean country offers more than 3,000 hours of sunshine every year, exquisite traditional and international cuisine, and has some of the best views in the world; the perfect place for your new home. The best quality life at low cost of living is assured in Spain.

2. Travel to different countries within the Schengen area without the need of an additional visa

Investors and their families that have obtained the Golden Visa Spain are granted visa-free access to the Schengen zone, which includes Sweden, Germany, Italy among others. This is convenient for entrepreneurs that frequently visit neighboring European countries for business, or simply to explore foreign land.

Once you have kept your residence permit status for a period of five years, you will be qualified to apply for the Spanish citizenship.

3. Benefit from the country’s potential for financial growth

The country’s proximity to other neighboring countries in Europe and Africa, as well as the plenty of locals, guarantees the success of a business. Also, Spain is a top tourist destination, millions of tourists visit the main places of Spain (Barcelona, Madrid, Balearic Islands, etc.), as well as the small cozy towns in the north. The investment on real estate in any part of the country can become a successful rental business opportunity for short-term stays.

4. A plan B to avoid life-threatening situations, political and economic instabilities 

The Golden Visa Spain will offer you an alternative route for the whole family to ensure a more prosperous life. Having a residence permit in Spain will give you the opportunity to choose in crisis situations. When there are unexpected life-threatening situations, such as the on-going pandemic, the whole family can move to Spain to benefit from the Spanish healthcare system, voted recently as one of the best in the world. The right to choose will give you the assurance of a lifetime investment that benefits the whole family.

5. Experts affirm that now is the best time to buy real estate, and the Golden Visa Spain offers plenty of benefits

Professionals expect investors and potential buyers to resume activity and raise their interest to buy real estate during the year 2021, as they expect demand for Spanish housing to lower and therefore, decrease in price. According to S&P Global Rating analysts, a decrease of 3.5% will favor possible buyers. For that, experts advise that it is better to buy real estate than to sell, which is good news for foreign investors that are also aiming to acquire a residence permit through the Golden Visa Spain by investing in the third largest investment country in the EU.

The investment options available are:

  • A real estate investment of a minimum of €500,000
  • A €1,000,000 investment in shares or business of Spanish companies
  • A €2,000,000 investment into Spanish government bonds
  • A fund transfer of €1,000,000 into a Spanish bank account

The process for this residency option typically takes 60 days and it does not require length of stay in Spain for the visa-holders to benefit from all rights granted by it.

 

For those looking to invest in a second passport without giving up your citizenship or for businesses looking to set up European Union operations, a Portuguese passport is now easily available through the Portugal Golden Visa or Portugal Passport by Investment Program.

Why Portugal? 

Portugal lies on the Atlantic coast of the Iberian Peninsula in Southwestern Europe and hugs 832 kilometers stretch of the Atlantic coastline. It enjoys sunny weather for most of the year and boasts of excellent fresh produce and a delectable cuisine of mostly seafood like sardines and cod fish. It is an excellent option for expat families as they can avail of quality education, easy access to healthcare and an overall high quality of life.

Advantages of a Portuguese passport  

A Portuguese passport allows the holder free movement meaning that one can live, work, and study in Portugal and anywhere else within the European Union, European Economic Area, Switzerland and the United Kingdom.

A Portuguese passport holder can travel visa-free to 186 countries.  

Citizenship

  1. Portugal recognizes dual citizenship and requires only 35 days over 5 years residency in Portugal.
  2. Investors do not need to relocate in order to obtain citizenship.
  3. There are multiple investment routes leading to Portuguese citizenship.

Portugal Golden Visa investment opportunities

The Portugal Golden Visa is the most successful residency program in Europe and is the most popular investment immigration program in the world.  This is because of the following:

  1. There are many low-density investment options in comparison to other countries in Western Europe. There are many diverse and cheaper real estate market in comparison to the other countries in Western Europe.
  2. Portuguese investments promise a high return on investments. This is due to a stable and dynamic economy that is fueled by a continuous growth in the tourism sector that has led to a rise in the profitability of short and long term rentals.
  3. Portugal offers very generous tax incentives that include tax reductions or total exemptions over a ten year period.

Portugal Golden Visa real estate option

The Portugal Golden Visa real estate option is perhaps the most popular way to get residency in Portugal. This is because Portugal is seen as a prime destination among property investors, with a flourishing real estate market, high rental yields, and booming tourism industry.

Many expats buy properties in Portugal for tourism purposes, or to serve as a second home or a retirement destination. You can invest in newly-built properties in thriving Lisbon or Porto starting from €500k, or invest in used property for the Portugal Golden Visa starting from €400K.

The most economical investment route for the scheme is to make a €280K investment in the rehabilitation of real estate in low-density areas. The Portugal Golden Visa property for sale must at least be more than thirty years old and undergoing renovation.

Portugal Golden Visa investment fund

Investing in private equity funds or Portugal Golden Visa venture capital funds is a good option for acquiring residency in Portugal. The funds are managed by accredited fund managers who are accredited by Portugal’s regulatory body, the CMVM. Your dedicated fund manager ensures that the Portugal Golden Visa fund investments are appropriately managed in start-ups or medium-sized projects with optimal growth potential.

For the Portugal Golden Visa qualified investment fund, you can choose from sectors like energy, industry, technology, and real estate.

Portugal Golden Visa tax benefits

Portugal’s Golden Visa income tax benefits are a big draw for foreign investors looking to get the most out of their financial contribution. Visa holders don’t need to pay extra taxes on income produced outside of Portugal.

There’s also an option to register as a fiscal resident for tax purposes in Portugal. This is a fantastic option as it’ll allow you to then directly benefit from Portugal’s Non-Habitual Tax (NHR) Regime. NHR is a generous tax program with numerous benefits pertaining to your global income. It offers tax-free incentives on certain categories for a period of up to ten years.

Additionally, any Portuguese-sourced income would be taxed at a flat rate of 20% during the first ten years and there is also the ability to pass on your wealth to a spouse or dependent without incurring inheritance or gift taxes.

Speak to one of our Portugal Golden Visa Consultants so we can understand your objectives and help you move forward.   We have an experienced, hands-on team, who help clients from around the world acquire Portugal Golden Visas or homes, while diversifying their portfolio with safe and robust investments.

 

Greece has been labeled as the new hot investment destination because of its lower cost compared to other countries, and its stable growth in real estate value. Likewise, the Golden Visa Greece has been ranked as the most favourable location for international investors in the recent survey by the international experts on real estate in the immigration firm Astons.

The applicants for this visa can obtain the EU residence in the fastest and lowest cost entry to Europe, in just 60 days and for as low as €250,000. With the Golden Visa Greece, foreign entrepreneurs might find a new location for their business, as well as a desirable place to live in — beautiful landscapes, the perfect Mediterranean weather and an incredibly good value in the real estate market.

Why choose Greece as your new country of residence?

Greece is known for its spectacular views in islands such as Santorini, for the famous historical locations and arts from Ancient Greek, like The Old Town of Corfu, a UNESCO Heritage, and  for the amazing beaches, such as the Elafonisi Beach famous for its pastel pink sand.

Greece is the destination of choice for millions of tourists every year, which can be a business opportunity for investors that purchase properties for profit. The country, which offers a great quality of life, is also the chosen destination for foreign retirees that opt to live on a paradise island during their retirement days.

The Golden Visa Greece has become the preferred option for non-European entrepreneurs, for instead of buying a property in the country, whereas in the last year, the prices on real estate in Greece has increased about 2.7%, from €127,596 to €131,040 for an average property, foreign investors choose the Golden Visa Greece. In this way, they can buy a property in one of the beautiful Greek islands, and obtain a residency permit that will allow the investors and their family to legally stay in the country.

Benefits of the Golden Visa Greece

Visa-holders will be eligible to live, work and study in Greece, with access to free healthcare and the prestigious educational system of the country. Furthermore, with the Golden Visa Greece you can travel to the 26 Schengen countries without the need of an additional visa, and after living in Greece and paying the taxes for at least 7 years, you can apply for the Greek citizenship.

The different investment options available under the Golden Visa Greece are:

  • Real estate of €250,000 – this purchased property must be held for the duration of residence and for a minimum period of 5 years
  • Real estate lease of €250,000 – or also a timeshare, which has to be held for the duration of residence and for a minimum of 5 years

With the Golden Visa Greece, foreigners will have the chance to live in one of the exceptional islands, or choose to make profit from your real estate purchase. Crete, the biggest Greek island that is filled with beautiful beaches and historical palaces and churches, will give investors a great business opportunity for the island has thousands of tourist visits that look for apartments for short-term stays (mainly from Airbnb). Another great real estate investment would be in the island of Santorini, which is the chosen destination of many for their honeymoon. The island welcomes an average of two million tourists annually, and is still lively during winter – it is the most visited island in Greece, perfect to live in and for business.

Once you have decided on the place you want to purchase real estate, our experts in Orience International will help you choose the best investment route. Afterwards, you will be submitting all the legal documents as well as the residence application. After your residence application has been examined and approved, you will be issued with the residence permit.

 

India is currently working on creating a partnership with EU countries to expand their business opportunities, as well as to strengthen the economy through foreign relations. The Joint Secretary of the Ministry of External Affairs in India, Sandeep Chakrovorty, refers to the EU as their largest trading partner and their second-largest destination for Indian Exports, enhancing the importance of the connectivity partnership through the European countries and India that will connect people to people, trade, business, and technology. The government of India is looking at their partnership with the EU with optimism, encouraging Indian entrepreneurs to venture for business opportunities towards the Northern Hemisphere by foreign investment.

Regardless of the challenges presented by the pandemic, the nations have continued to grow their union which is expected to boost over the years.

  • For instance, Belgium is one of the top EU trading partners for India, and plans for business opportunities between the two countries that include infrastructures and real estate are being prepared.
  • Poland is another country that relies on this partnership. The European country identifies India as an important pillar for economic policy and global dimension due to the trading in areas like fintech, cyber cities, drones, green technologies, Medtech and agritech, innovation, and research.

Moreover, the presence of Indian entrepreneurial people around the globe is inevitable, especially for the country’s involvement in Pharmaceuticals and its importance presently during this pandemic.

The partnership that India has with EU countries has led a great number of Indian entrepreneurs to obtain visas by foreign investment that will allow them to reside in an European country and travel freely within the continent.

Reasons for applying for the visa by foreign investment

India has the highest number of migrants in the world, and the numbers are only increasing through the years. There are 15.6 million people that were born in India and have migrated to other countries, which includes the wealthy citizens of India that decide to move to a country that has positive possibilities for successful business. Moving to a different country is a great way to improve their family’s way of living, as well as to ensure a plan B in a more developed country like the UAE, Germany or the UK.

More Indians are migrating to European countries through residence permits that grants them the opportunity to live in the country along with their family members, and benefit from the different advantages that comes with the residence, such as excellent health services and outstanding educational system.

Options to obtain the Golden Visa

The best way for Indian entrepreneurs to move to Europe is through a Golden Visa. The program provides a quick path to Indian investors that want to invest in real estate in exchange for a residency permit that will allow them to live, work and study in the country along with their families.

The golden visa is the chosen alternative for wealthy Indians that want to legally stay in a foreign country by foreign investment, since India does not allow dual citizenships. For instance, the UK allows Indian investors and their family members to apply for a Tier 1 Investor Visa, a residence permit granted to individuals who invest at least  £2 million in the country.

The Golden Visa Germany is another attractive investment option for Indians. Indian entrepreneurs that apply for this visa will have the chance to invest in a business with guaranteed success, for Germany is the largest and strongest economy in the EU. Regardless of the country the investors apply to, they will benefit from the different advantages of residing in a European country, as well as the possibility of visiting other countries within the Schengen area without the need of an additional visa.

Our team in Orience International will help you pick a path according to your personal and familial circumstances.

 

The investment visa in Portugal, also known as Golden Visa, offers foreign entrepreneurs the opportunity to acquire a residency permit through the investment of a minimum amount on a Portugal real estate, as well as the chance to benefit from the advantages of living in Portugal, where there is the perfect Mediterranean weather, and the cost of living is low. With this investment visa in Portugal, the non-European investors and their families have the right to live, work and study in the country with tax advantages for their purchased property, as well as the chance to have a better quality of life.

The investment Visa

The Golden Visa Portugal was approved in 2012 and has benefited Portugal’s economy. An estimated amount of six billion euros have been invested in the country, which greatly emphasizes the importance of foreign entrepreneurs that invest in Portugal. The affordable prices in real estate makes Portugal the target location for investors to establish a business that has a great potential.

In fact, the sale of properties for investment increased by 23% in May of 2020, during the first months of confinement due to the pandemic, surpassing the €146 million.

Benefits of the Golden Visa Portugal

The investment visa in Portugal gives foreign entrepreneurs the chance to live in one of the top safest countries in the world that offers access to 2 of the 10 best European universities, ensuring the best quality in health services and in international education. A great quality of life can be achieved without giving up on certain luxuries, such as dining in high-rated restaurants for an affordable price compared to other European countries.

Additionally, Portugal is home to a large community of international entrepreneurs from around the globe, turning the capital of the country, Lisbon, into the center of a huge digital and tech startup melting pot for entrepreneurs to share their knowledge and develop their businesses.

Who can request it

The investment visa in Portugal is available for all non-European real estate investors and their respective family members that invest a minimum of €280,000 in a property. Once the investment visa is granted, the permit holders will be eligible to reside in the country, travel freely within the Schengen area without the need of an additional visa, and after renewing the residence permit two times for every two years, by the end of year 5, they will have the opportunity to apply for the 7th most valuable passport in the world and obtain the Portuguese citizenship.

New updates of the Investment Visa in Portugal

However, the new updates for the investment visa in Portugal will encourage foreign investors to target other areas of the country with low population, rather than in the more popular cities, such as Lisbon, Porto, Braga and the Algarve. The update in the requirements for the Golden Visa Portugal, which will be effective in January 2022, will encourage investors to target the Autonomous Regions of the Azores and Madeira, among others, which will contribute to a more balanced environmental and social status of the country.

The best options to avail for an investment visa in Portugal are:

  • Investment fund of €280,000 – the property to be purchased must be a rehabilitation project (at least thirty years old and undergoing renovation) located in a low population density area, such as in the Autonomous Regions of the Azores and Madeira.
  • Investment fund of €350,000 – the acquired property must be at least 30 years old and in need of renovation. The investor can purchase the property located in urban areas, such as in Lisbon or Porto.
  • Investment fund of €500,000 or more – the investor can purchase a new, restored or old property in their preferred area of Portugal, perfect for foreigners that are looking for a second home or a retirement destination.

Nevertheless, the new update in the program will only allow the purchase of real estate in the interior territories or in the Autonomous Regions of Azores and Madeira until January 2022 for both the €350,000 and the €500,000 investment options.

Our team in Orience International will help you decide on the best investment option for you and your family, and will accompany you throughout the process.

 

If you are considering buying a property in Spain, this is probably one of the best times to do so and obtain a Golden Visa by investment in real estate. After a few years of economic recovery, the effects of the COVID are starting to be felt in the real estate market. As a result, they are probably at their lowest value or even rebounding slightly, so a good portion of the properties that are on the market can be bought for a fraction of their real value.

For Indian investors, the purchase of a property in Spain in which they invest an amount of at least 500,000 euros will allow them to apply for the Golden Visa Spain or special residence permit for investors.

However, before buying a real estate property in Spain we advise you to spend some time researching and informing yourself on what to do and what to avoid in order to stay away from the problems and difficulties that others have experienced in the past. Here is some useful information and advice to help you plan your purchase for the Golden Visa by investment in real estate.

 1.- Choosing the property, paying the deposit and signing the reservation document

Our first advice is to put yourself in the hands of a reputable real estate agent who will help you find and choose the perfect property that meets your needs and expectations. The intervention of an agent will usually save you time, money and surprises. Their fees are always paid by the sellers, so there is no cost to your pocket. A solvent agent with a long experience in the area knows the properties perfectly well, the locations that may interest you most according to your expectations, the best locations within each complex or development, the nearby facilities, the distance to health or leisure centers or the security of the area, and it is a fact that, besides the price, it is important to take into account all these factors when choosing a property. In Orience, we usually work with Colibree, a real estate agency implemented throughout the territory and consisting of highly professional agents.

Once you have chosen the property, it is advisable to pay a deposit and signing a reservation document. The deposit is usually a small amount (between 3,000 and 6,000 euros) that is held by the real estate agency or the seller’s lawyer and serves to secure the purchase and remove the property from the market, as well as to freeze the price. It is important to emphasize that, should the buyer decide not to complete the transaction, he/she will not be able to recover the deposit.

 2.- Appoint a local lawyer to advise you on the purchase

Your local lawyer has the tools, contacts, knowledge and experience to verify the legal capacity of sellers, developers and other intermediaries; to draft or review every document to be signed that may compromise your interests; to ensure that all legal requirements are met; and to make sure that the property is free of debts, liens or encumbrances.

A local lawyer not only knows the applicable legislation, but also the area and the potential problems or advantages of one or the other option, so his or her knowledge will be very useful to you.

At Orience we have a team of lawyers with extensive experience in the Golden Visa by investment in real estate sector. In addition, we can carry out most of the procedures by power of attorney, which will allow you to make your purchase without the need to travel constantly to Spain.

 3.- Open a bank account

You will need a bank account in Spain to pay for the property and all the expenses associated with it, such as the community fees and the bills for the utilities of the property (water, electricity, etc.). You can use any bank in Spain, but it is advisable to open the account in a bank that has a branch located near your property.

Before opening the account it is advisable to prepare all the personal documentation, as you will have to go through a strict compliance process

 4.- Obtaining the NIE

The Foreigners’ Identification Number (known by its Spanish acronym NIE) is a unique, personal and invariable number used to identify foreign taxpayers. All foreigners with economic, professional or social interests in Spain are obliged to apply for the NIE before the competent body of the Ministry of the Interior. You can obtain the NIE at the Spanish Consulate or Embassy in your country of residence or at the Police Station of the Spanish city where you live, work or intend to buy a property. The problem of doing it in person is usually the time needed, the queues to be done, etc. Orience offers its clients a fast and hassle-free NIE service.

 5.- Study of the property and signing the purchase contract

Once the deposit has been paid and the reservation document has been signed, the owner or his representative must provide the purchaser with the documentation of the property that will allow him to study the viability of the operation from a legal, urbanistic and fiscal point of view. Normally it is somewhat complicated for a private individual who does not have basic knowledge of the Spanish legal system to carry out these checks personally, so it is always advisable that they place themselves in the hands of a professional. At Orience we carry out exhaustive checks in property registries, town halls, communities of owners, supply companies and other organizations.

The signing of the private purchase contract takes place between two weeks and one month after the delivery of the deposit and is usually accompanied by the payment of 10% of the purchase price. There are different types of purchase contracts, but the most commonly used is the Deposit Contract, which provides that if the buyer withdraws from the purchase, he/she will lose the amounts paid. If, on the other hand, it is the seller who withdraws, he must return double the amount received.

 6.- Signing of the deed of sale and delivery of possession

The purchase process ends with the signing of the public deed of sale by the buyer and seller. At that moment the seller grants title to the property to the buyer and the buyer delivers the rest of the agreed price. The signing of the deed of sale is formalized before a notary public. The notary is a public servant and, therefore, independent of the parties, who gives public faith that these have agreed the transaction and that they have done it according to the law.

Prior to the signing of the deed you will have to transfer to your Spanish bank account the funds to cover the price, taxes and expenses that will be incurred. Due to the investment control policies and the obligation to certify the payment methods and the origin of the funds, it is convenient to prepare the transaction in advance.

As soon as the deed is signed at the notary’s office, your title deed is already reflected in the Land Registry as a result of the notary’s own telematic presentation. However, further processing is required, which consists of withdrawing the original document from the notary’s office, settling and paying the corresponding taxes and, finally, presenting the deeds at the Land Registry for full registration.

If the property is not registered in your name in the Land Registry, you will be able to own it privately, but you will not enjoy the guarantee that the registration in the Land Registry offers you against third parties. The registration process is usually completed within one month.

 7.- Apply for the Golden Visa

Once you have completed all the procedures detailed here, you will be able to apply for the Golden Visa by investment in real estate. The investors coming from India, must carry out this process in the consulate of their city of residence. Orience guides its clients through the entire process and, if necessary, contacts the corresponding consular office.

 

It’s not just a job; it’s a lifestyle, a way of maintaining a harmonious balance between work and travel. The pandemic has accelerated the implementation of teleworking and the decentralization of large and small companies, so when it becomes possible to travel freely again, more people will decide to become digital nomads. All you need is a laptop and a good Internet connection to work from anywhere in the world. Most digital nomads move several times a year to get around visa restrictions or avoid scorching summers and freezing winters, but there is always a starting point. Beyond sticking a pin in a desired location on the world map, there are other ways to choose a first destination, and Greece can be this destination thanks to the Golden Visa Greece.

Why choose Greece as your workplace

There are very special places for digital nomads all over the globe, from cutting-edge tech cities to medieval villages to beach resorts. However, they must all have some characteristics in common. The first, and essential, is a good Internet connection.

It is also very important that there are suitable places for the development of the activity, such as shared workspaces, cafes with free wifi or places that offer the possibility of organizing events and social gatherings through the networks.

Thirdly, it is essential that the destination offers visa facilities: some countries allow you to apply for residence visas in exchange for investment. One of the most popular is the Golden Visa Greece, since the Hellenic country meets all the above-mentioned characteristics.

What is the Golden Visa Greece

The current Golden Visa Greece is a residence visa for investment, which is granted to non-EU citizens who wish to make a significant contribution to the Greek economy.

Greece offers several investment options, but the most common is through the purchase of real estate worth at least 250 thousand euros.

Greece is an easy country to travel to and from, and as a member state of the Schengen Treaty, it allows short-term visa-free travel for residents of many countries. Moreover, digital nomads holding a Golden Visa Greece, in addition to being able to live freely in Greece indefinitely, will be able to travel to other Schengen countries for periods of up to 90 days without needing to apply for any extra visa.

Greece is a place of fascinating natural and architectural beauty, and many freelancers travel to the country for a great selection of scenic locations from which to work. Greece offers stable Internet connectivity, especially in major cities, as well as coworking spaces and free Wi-Fi in cafes. Greece is a year-round holiday destination. Famous for its crystal-clear waters, pebble beaches and one of the healthiest cuisines in the world, the country offers a unique atmosphere that many nomads are keen to explore.

The special Golden Visa Greece for nomads

The Greek government plans to introduce a special visa for digital nomads. The plan, which will be realized soon, follows a common agreement reached between Greece’s migration and foreign ministers to help remote workers through this innovative new trend. The government’s aim is to create an organized and attractive environment for people who choose this advanced way of working.

In addition, the digital nomad visa could be combined with tax incentives, which would attract permanent investments. Currently, 5G networks are already operational in major Greek cities (and will also reach some Greek islands) and tax incentives are targeted at those moving to Greece.

Greece is a very safe country that enjoys a low cost of living index. The country has long been a vacation destination for Europeans who flock to Greece for its year-round sunny and warm climate. It is a democratic and developed country with an advanced economy and a high quality of life. Working in Greece is like having an office in a museum. The country is full of historical sites such as the Acropolis, the Parthenon, the Temple of Olympian Zeus and many others. A relaxing beach time is guaranteed on the islands, and Elafonisi in the southwest of Crete is one of the best windsurfing spots in Europe.

 

Barcelona, the capital of the autonomous community of Catalonia, offers the best combination of nature and cosmopolitan lifestyle, allowing its residents that buy real estate in Barcelona, to enjoy warm summers in La Mar Bella, hiking the Montjuic and visiting its Castle, and experience the city life filled with cultures and traditions, which make the city unique.

Barcelona has ranked 8th in The World’s Best Cities 2021 report by the International consulting firm Resonance; no wonder the city is home for many expats, making this community account for 20% of the city’s population. Moreover, numerous international entrepreneurs choose Barcelona as the location of their business for its proximity to other neighboring countries in Europe and Africa, as well as the large and varied public that includes locals and non-Spanish citizens which ensures a successful business.

Why choose Barcelona to start your new life

Another reason Barcelona is part of the top 10 best cities in the world is for the perfect balance between work and personal life. There are many places in the neighborhoods of Barcelona, such as libraries, coffee shops or public areas in parks or universities, that invite people outside, with the privilege to work in a quiet and peaceful place. This has a positive effect on the people that buy real estate in Barcelona, for the environment and essence that the city releases makes its residents enjoy living in the city.

In addition, the city has not only some of the best neighborhoods, but it also has the hidden gem of El Parc de Collserola, that will give you the opportunity to have an unforgettable hike. The 8,000 hectare area of one of the largest natural parks in Europe allows you to discover and learn from its natural area with a diverse flora and fauna, as well as  to have the opportunity to witness an amazing overving of the city.

Best neighborhoods to buy real estate in Barcelona

The different yet equally fascinating neighborhoods in the city have their singular characteristics, which makes them unique and beautiful.

Buying a real estate in Barcelona depends on the priorities one has, if you are looking to purchase an extravagant house, with rustic and sophisticated facades, the neighborhood of Sarria-Sant Gervasi and Les Corts is the best choice with an average price of €5,133 per sq m in Sarria, and €4,944 in Les Corts. The upper northwest area of Barcelona is known for its luxurious streets, its proximity to El Parc de Collserola, and the location for the best international schools in the city.

On the other hand, if you are longing to live in the heart of the city where everything is near and different cultures fill the streets, La Ciutat Vella is the perfect place, with an average price of €4,000 per sq m. Hidden in the oldest area of Barcelona you can find the best cuisine from around the globe, cozy and exceptional music bars, and historical streets that will lead you to the Barceloneta beach.

Furthermore, with the arrival of the COVID-19 vaccine to the country, more international investors are eyeing to buy real estate in Barcelona, for the properties are low in demand (due to the lack of tourists and the freeze in real estate) but still have a great potential for capital in the long term.

How can you live in Barcelona

One of the best options is through the Golden Visa Spain, which will allow applicants and their family members to live, work and study in the city of Barcelona, as well as to travel within the Schengen area without an additional visa. The permit will let the visa-holders enjoy all the aspects of living in the Comital city: from the extraordinary Mediterranean weather, to the low cost of living, and the mix of different cultures, that combined with the nature, history, architecture and art makes Barcelona the ideal location to buy a property.

 

As the pandemic continues to affect everyone’s lives, high net worth individuals (HNIs) from India are opting for the Golden visa UK, which allows holders of this permit to live in the country through investment. Once the applicant has invested in a business, or purchased real estate in the country, the visa-holders and family members will be eligible to live, work and study in the country that offers the golden visa, as well as benefit from the advantages that comes with it.

There are many countries that offer the golden visa, so for wealthy Indians, some of the key factors to decide which golden visa to choose is the potential for international business, the top level education, and the healthcare system offered in the country. According to Global Wealth Migration Review India, nearly 5,000 millionaires have left the country in 2020, and an average growth of 50% has been shown for Indians that have sought to emigrate through investment.

How to get the Golden Visa UK

Moreover, India ranks top among the countries which have used the most number of Golden Visa UK. As of 2017, 72 wealthy Indians along with the 84 dependants have obtained the UK Tier 1 Investors Visa, whereas the permit-holders can stay legally in the UK for three years and four months. In order to apply for this golden visa, the applicant must choose from three investment options:

  • Investment of £10 million and the opportunity to obtain permanent residency after 2 years
  • Investment of £5 million and the opportunity to obtain permanent residency after 3 years
  • Investment of £2 million and the opportunity to obtain permanent residency after 5 years

Benefits of the Golden Visa UK

The Golden Visa UK is considered by Indians to be more attractive than other golden visas offered in other countries, such as Australia and the United States, because of the positive economy in the UK, as well as the beneficial healthcare system are aspects that have gained interest for the particular situation the pandemic has brought. Obtaining the Golden Visa UK ensures Indian entrepreneurs for a more comfortable lifestyle, as well as a great location for professional career growth.

Residency after Brexit

The changes that Brexit has brought may turn Indians into another option rather than the Golden Visa UK.

The visa programme that is becoming popular among Indians are the Golden visas that allow applicants to live, work and study in an European country. This investment option will give them the opportunity for top-quality education, and low-cost of living, as well as to travel within the Schengen Zone, a chance to visit neighboring European countries for leisure or business.

Nevertheless, one of the main reasons investors bet for a golden visa is for the opportunity to expand their business opportunities towards a more fruitful land, as well as to ensure a better lifestyle for their family.

 

The Golden Visa is a residence permit that is obtained by international entrepreneurs through an investment of an specific amount determined by the country one is applying to. This will give the investor and their family the possibility to live, study and work in the country. The Golden visa is an opportunity for families to have a plan B during this pandemic, whereas applicants are looking for a better healthcare system, top-quality education and a lower cost of living compared to the country they are currently residing. Furthermore, the Golden Visa will lead you to a faster acquisition of a permanent residency.

Why choose the Golden Visa program

Wealthy individuals in India choose the Golden Visa as their way to settle a business in a country with a positive potential of success, as well as to benefit from the advantages that come from living in one of these advanced countries. The golden visa is the best route for Indian entrepreneurs and their family members that want to stay in another country legally, since India does not allow dual citizenship.

Countries that offer the Golden Visa

United Kingdom

One of the most famous golden visas among Indians is the Golden visa UK. This has allowed Indian investors, and their family members since 2015, to move to one of the countries that form the United Kingdom. In order to obtain this permit, Indian investors must apply for a Tier 1 Investor Visa, which is granted to individuals who invest at least £2 million in the country. If the visa recipient decides to permanently reside in the UK, there are three options available:

  • Investment of £10 million after 2 years
  • Investment of £5 million after 3 years
  • Investment of £2 million after 5 years

 A golden visa-holder can stay for three years and four months, but cannot avail of any public funds, such as benefits, tax credits and housing assistance.

Germany

Another country that offers a Golden visa and has various immigrations programs developed to support business ideas is Germany. The European country has the largest and strongest economy in the continent, making it the ideal location for entrepreneurs from India that want to invest in a business with guaranteed success.

By obtaining the golden visa, family members will have the opportunity to study in one of the top ranking schools in the country, ensuring better career options in business and industry, compared to graduates from other institutions in other countries.

The best investment option for the Golden Visa Germany is through a contribution of €250,000 in real estate, and an additional investment of €100,000 in an ongoing regional development project, a total investment of €350,000. This will allow the principal investor and the family members to reside in the country for a period of 3 years, with the possibility of visiting other countries within the Schengen area for up to 90 days per visit in each six month period.

Other countries

The Golden Visa is also offered by other countries aside from the UK and Germany. From the lowest to the highest minimum of investment with a range of €175,000 to £2,000,000, Indian investors can choose to live in Spain, Greece, Portugal, Canada, UAE, United States, and Denmark among other countries.

This crucial investment is the free pass for whole families to enjoy a more prosperous life, having the opportunity to choose in crisis situations or when there are unexpected life-threatening situations as the actual pandemic is.

This right to choose, should you prefer to live in the UK for its national health service, or to invest in a potential business in a foreign country, will give you the assurance of a lifetime investment that benefits the whole family.