Possessing real estate and a powerful European passport: Give your children a bright future

The trend of real estate investment is growing, there are many investors interested in foreign real estate investment. Especially with fertile land, rich in development potential like European real estate.

Why invest in European real estate?

Europe is a continent where many cultures intersect with a wonderful climate and a civilized life. Known for its modern education and innovative thinking, Europe is an ideal environment for the development of your children.

In Europe, universities have long been known for their high standards of education and modern research environments. These include: the University of Oxford, University of Cambridge, The University of Edinburgh, The University of Manchester, … Europe has free education with high quality and schools are forced to follow very strict EU rules so that they can keep funding from the government.

In terms of healthcare, Europe is the cradle of medical geniuses with more than 233 leading medical universities in the world. In Europe, as of 2019, 96% of children are vaccinated each year. In most countries in Europe, the medical and healthcare systems are very well-developed. For example, Malta is a country with a health care system that reaches the top 5 worldwide.

Therefore, Europe is a favorable environment for your children to develop well. It is a solid suitcase for your children to have favorable foundations for both mental and physical development.

Investment in European real estate

Investors can easily naturalize the whole family when making an investment in European real estate. At that time, that means investors can possess EU green cards and benefits in large organizations such as Schengen Area, Commonwealth… So investors can enjoy a lot of benefits included as:

• Visa-free for over 160 countries around the world
•  The whole family can experience the extremely developed and modern educational, medical and cultural system
• Freedom to travel, study and work all over Europe
•  Enjoy a comprehensive welfare regime
•  Experience and absorb many cultures

The three most valuable countries to invest in real estate in Europe

• Investing in real estate in Malta

Malta is a country known for its ancient historical sites, pleasant climate, friendly people and fascinating natural scenery. This is also a country with a strong and prosperous economy, especially in the service sector, tourism and maritime industries, which bring in a large source of income every year.

More specifically, Malta is the only country that participates in all four major organizations in the world: the European Union (EU), the Eurozone, the Commonwealth, and the Schengen Area. Therefore, Malta possesses the entire financial system, tax incentives, health care, and education similar to developed countries such as the UK, Canada, Australia, etc…

The Malta Permanent Residence Program (MPRP)

In early 2021, the Maltese Government launched the Malta Permanent Residence Program (MPRP) allowing investors and families with non-EU and Swiss nationals to be granted permanent residency in Malta and freedom of movement in Schengen countries do not need a visa.

Benefits of the Malta Investment Program include:

• Have the opportunity to get permanent residency for the whole family of 4 generations
•  Be entitled to participate in real estate investment in Malta
• Freedom to move, travel to 26 countries in the Schengen area
•  Only invest after receiving the Malta Immigration Department’s Letter of Approval
•  Free education up to grade 12, at all public schools

(*) Official information of the Malta Immigration Authority (RMA) about the Malta Permanent Residency Program (MPRP), please see HERE

About Lawyer Dr. Michaela Millo

At Portico & Bridge, we have direct support from Dr. Michaela Millo LL.B (Hons), M.Adv (Melit.) is a Maltese Doctor of Laws with many years of experience in the field of Legal Consultant of Malta Investment Immigration Programs (citizenship and permanent residency).

She is also a Doctor of Lawyers licensed by the Malta Immigration Agency (Residency Malta Agency) with the number AKM is AKM-MILLO-21 – allowing her to represent you as a Lawyer at the Immigration Authority.

• Real estate investment in Portugal

Talking about the country that brings a lot of real estate investment benefits to Europe, it is impossible not to mention Portugal. Portugal is a developed country with a GDP of about 20,000 USD/person (in 2017). It is also one of the earliest members to join the European Union, in 1986.

According to Forbes, real estate prices in Lisbon are continuing to increase, especially since 2019, property prices in the Portuguese capital have increased by an impressive 20%. This represents great dynamism in this field in such a short period of time.

From October 2012 to February 2021, more than 300 Vietnamese investors and 1200 family members have been granted Permanent Residence in Portugal through the Golden Visa – the Portuguese real estate investment program (according to the Portuguese Consulate in Ho Chi Minh City, 11/03/2021). And 94% is through free real estate investment such as housing, commercial,…

The Golden Visa program allows investors to enjoy benefits such as:

– Free travel in all Schengen area countries

– Be able to get a Portuguese green card and Portuguese citizenship

– There is no tax to pay unless you have lived in Portugal for more than 183 days

– Have the right to live and work in the countries of the European Union (EU).

• Investing in real estate in Cyprus

Since 2004, Cyprus has been admitted to the European Union (EU) and is a member with a stable economic and social development of the EU. In 2008, Cyprus became an official member of the Eurozone. In addition, Cyprus is also in the process of joining the Schengen area (European free movement area).

The Cyprus Investment Immigration Program was issued by the Government in April 2013. The Cyprus Investment Immigration Program grants guaranteed permanent residency to non-European nationals with the secured investment in real estate worth €300,000.

The program to receive a permanent green card in Cyprus offers many benefits to investors such as:

• The right to reside indefinitely for investors and 3 generations of their families
• Possess real estate permanently, have the right to live, enjoy free education at public schools from elementary to high school
• Freedom of movement within the European Union (EU)
• The time to receive a green card through the Cyprus immigration program is very fast, only 3-4 months after investing in real estate in Cyprus
• The permanent green card given to the investor will be valid indefinitely.

Conclusion

Real estate investment in Europe is the path that many investors aim for at this present. The benefits of European real estate investment are not only in economic development, but more specifically, it is the path that opens up the development of your children to a bright future as well as an opportunity to have a modern and extremely comfortable life.

To learn more about investment programs in Europe, please contact us at Portico & Bridge. With a team of more than 50 professionals worldwide, we are always happy to assist you. Call us now at 0909.898.758

At PORTICO & BRIDGE, “Your Children We Care”.