Countries that grant residence permits when buying property

In some states, the purchase of real estate opens up a good bonus for such a client - the possibility of obtaining a residence permit. Consider in which states this option is available.

How can the capabilities of different states differ?

Some countries offer a residence permit when buying real estate of any value. And other states put forward certain conditions - for example, in Armenia you can get a residence permit when buying real estate, regardless of its value, but you will be forced to rent out such an object.

If we talk about countries that make it possible to obtain a residence permit when purchasing real estate without additional conditions, then these are:

• Northern Cyprus;
• Montenegro;
• Serbia;
• Hungary;
• Albania.

In many states, it is possible to obtain a residence permit based on the purchase of real estate objects there, if these objects reach a certain minimum price. For example, in Georgia it is from 100 thousand dollars. In Costa Rica and Uzbekistan, the minimum cost of an object is the same. An object from 75 thousand dollars must be purchased in Sri Lanka in order to take advantage of this opportunity. And in Turkey, in this regard, they are somewhat more loyal to investors who invest in real estate there. Therefore, its minimum cost starts at $50,000.

There are also a number of countries in which a residence permit is provided exclusively for the purchase of elite real estate. For example, in the UAE, the price of an object starts at 205 thousand dollars, and in Portugal - from 280 thousand. Malta, Thailand and Cyprus have set a minimum of $300,000. In Spain, you will need to shell out half a million dollars, and in Bahrain this minimum bar is another 30 thousand dollars more.

For some, the option of luxury real estate is relevant, but if we return to our realities, then many people, fleeing the war and looking for an opportunity to save their savings, choose countries from the first and second lists. For example, one of the most popular services that people turn to us for is obtaining a residence permit through the purchase of real estate in Hungary. Despite the unreasonable position of the head of state in geopolitical issues, many Hungarians treat us kindly, and the country itself is calm and safe for life.

How our services can be useful?

Lawyers who work in the law office "Prikhodko&Partners" offer their clients a wide range of services in the field of migration law. This industry is the focus of our practice. Therefore, we regularly monitor its news and try, for our part, to do everything necessary to effectively help customers. The lawyers of our law firm will provide a wide range of services, from consulting to legal support of the procedure for obtaining a residence permit in another state.

Summarizing…

The possibility of living in another country is one of the priorities of people who would like to live in a more favorable environment, without hearing air raid warnings and without worrying about danger. And for some, moving became a necessary measure if they had to leave their usual home, located close to the front line or even found themselves in the temporarily occupied territory.

The more knowledge you have about which countries you can choose to live in, the more you understand the alternatives and possibilities.