The Golden Visa programmewas launched in 2013 & enables third country nationals and their family members to obtain permanent residence permits. The residency benefit program is for real estate investments exceeding €250,000. The duration of this type of residency is 5 years and can be renewed indefinitely (for 5 years at a time) as long as the property is still owned by the applicant.

In summary:

• Time to complete the procedure: 2-3 months.
• Free movement of citizens: In the 29 Schengen countries.
• Type of investment: real estate investment.
• Investment cost: minimum EUR 250 000.
• Issuing a residence certificate to family members: Yes, to spouse, minor children under 21 years of age, & direct ascendants of spouses.  

For more information: