EU Residence by Investment: What to Expect in 2024

Wealthy investors have already seen the benefits of special programs. The governments of the countries that offered capital exchanges have reconsidered their outdated approaches. While most programs continue to work and attract foreigners, changes should be emphasized. Migration is a way to diversify your portfolio and improve the performance of your existing business. What should be preferred and what changes are expected in the future are discussed below.

Outlook for EU Investment Residency Programs for 2024

Last year, the attitude towards investment programs changed. The EU countries came to the conclusion that they should better protect their space. In view of this, Portugal changed the list of requirements for migrants, and the possibility of obtaining EU residence by investment was threatened. Despite widespread rumors that the programs will be closed, investors can continue to exchange capital and enjoy the benefits of two passports.

Experts’ expectations of policy changes have been realized, so this year we should pay more attention to their opinions. Among the common forecasts are the following:

 

1. Rising cost of participation. The low investment threshold is an advantage that has long stimulated foreign demand. Today, it remains in demand, but the amount of investment will grow. This is demonstrated by the policy of St. Kitts and Nevis, which has led to an increase in the threshold to $250 thousand.
2. The emergence of new programs. A striking example is the innovation of Hungary. The country is returning the program to the list of available ones, and very soon the opportunity to invest in the economy will be rewarded by EU residence by investment programs. Experts believe that other governments will follow suit.
3. Stricter requirements. Foreigners interested in participating in the programs should be prepared for new requirements. Thus, countries keep the previously created proposals, but update them to reflect this year’s trends.

Progressive countries are worried about the consequences of their decisions, so investors are in for a lot of changes. Portugal, Greece, Turkey, and a number of other countries have made the first amendments to the proposals, so this trend will be followed by others.

 

Key Changes and Expectations in EU Residence by Investment

Interest in citizenship investment programs is growing. This is due to the dynamics of the past year: revision of conditions, changes, and cost increases. The pressure of international unions on members is increasing, so there is a desire to protect the permanent population from possible consequences. It seems possible to achieve results due to:

• increasing the cost of entering the program;
• a rigorous selection of participants;
• abandonment of outdated naturalization routes.

Currently, the situation is stable and predictable. Countries will not deny asylum to Belarusians. At the same time, the migration of third-country nationals, i.e. non-EU citizens, will continue. To ensure comfortable naturalization in the face of political and economic changes, you should be interested in the capabilities of accredited agents. The experience of Immigrant Invest expert Vladlena Baranova shows that most investors will need the help of specialists.

 

Advice for Prospective Investors Considering EU Residency in 2024

The forecasts of experts do not come true by 100%, but they remain a guide for interested investors. In addition to expectations and trends, reviews contain useful information for making the right choice. Among the most common recommendations are the following:

1. Assess the requirements for an investor in advance. Often, it is enough to collect a standard package of documents: an account statement, proof of legal employment, etc. However, paying attention to additional requirements will help you prepare better or find a more suitable EU residence by investment program 2024.
2. Contact us for advice. When choosing an offer, you should take into account the opinion of experts. This way, you can compare your wishes with the benefits of participation. The application process, investment options, including the period of ownership, and the possibility of adding family members deserve a detailed study.
3. Consider how the investment will be used. Government bonds are not always profitable, unlike real estate. Information about additional requirements will help you make a choice based on the repayment period and the ability to use the property for business purposes.

Second passport rating by “strength” and easy countries for obtaining an EU residence permit are sources of useful information. The review contains a list of countries that open their borders to islanders. This helps to avoid lengthy visa and other documents. Freedom of travel is an advantage for business that contributes to its development.

 

Bottom Line

Common investment programs are one of the ways of naturalization that does not require much time. It is easier than it seems to get approval and a residence permit under the terms of EU investment residency programs in 2024. A long history of using the offers demonstrates the pitfalls that can be prepared for in advance. Accredited agents specialize in dealing with complex situations, so their help is essential.