In Europe, no law prohibits foreign citizens from buying property but certain countries have put limitations on this right.
The presence of foreign citizens in Germany is regulated by the Law on residence, employment and integration of foreign citizens in Germany. Buying real estate does not grant foreigners the right to temporary residence.
For those interested in buying property in the Iberian Peninsula, Tranio weighs the pros and cons of investing in Portugal vs. Spain.
For immigrants hoping to be granted full citizenship in the Czech Republic, the wait can last a decade. In most cases, this is how the process plays out:
Tranio conducted its eighth annual survey, analysing the investment and property purchasing patterns of Russian and CIS nationals abroad. The survey was primarily focussed on income property, looking at the top locations for investment, yield expectations, budgets, and preferred asset classes, as well as the general presence of Russian-speaking investors in local markets.
Residence permits are governed by the Law on Entry and Residence of Citizens of Third Countries while citizenship rights are set out in the Law on Citizenship.
Since May 2019, considerably fewer people have been applying for Cypriot citizenship after changes in the country’s citizenship-by-investment programme; nationality obtainment measures have been toughened. Tranio looks into the situation and how it might change going into 2020.
The results of the Catalan referendum could not but affect the state of both the Catalonian and the Spanish real estate market as a whole. Experts and investors have made various forecasts. But, how have things turned out in the beginning of 2019?
Henley & Partners has published its new passport index, ranking the world’s countries by the freedom of movement they are permitted. Tranio has analysed the top 50 countries to find out which of them grant investment-based nationality.
On 20 November 2018, the OECD published a list of the countries whose citizenship or residence-by-investment programmes it regards as high-risk. The OECD recommends that banks more thoroughly check the documentary evidence of the investors’ physical presence in certain countries.
Stays in Slovenia are governed by the Foreigners Act (Zakon o tujcih), in force from 5 June 1991. The procedure of nationality acquisition is described by the Citizenship of the Republic of Slovenia Act (Zakon o državljanstvu Republike Slovenije), in force from 5 June 1991.
About one-third of ultra high net worth individuals (UHNWIs) hold dual nationality. Another one-third of them plan to obtain a second nationality in the future. The easiest way for them to get residency or nationality of another country is to participate in a golden visa programme, which grant individuals residence permits for investing in the issuing country.
The Golden Visa is a quick and easy way to obtain residency by investment. Tranio describes the most popular programmes, and on what terms a residence permit can be obtained in another country?
Germany does not have a citizenship-by-investment programme like Cyprus, for example. Naturalisation is the only way to become a German national by law.
To obtain a Montenegrin passport, investors must buy local property for €250,000 in the north of the country or €450,000 in the south and put €100,000 into a special fund for national development.