People may want to move to Europe for many different reasons, and there are many countries in Europe, each with its own beauty and the advantages and conditions they offer to foreigners. Some of them make it very easy to buy real estate, while in others, wait, that is definitely not the case. So today we are going to talk about some of the countries in Europe where it is easiest to buy real estate.
Portugal
Portugal is one of the first countries that comes to mind when considering a real estate purchase in Europe for foreigners. Portugal attracts the attention of foreigners with its golden visa program, and foreigners can have a residence permit here if they buy property worth €500,000 or more. They can get citizenship by renewing this residence permit at certain intervals. There are no difficulties in buying a large property in Portugal, and foreigners can benefit from the advantages that belong to investors in this country. The milder climate compared to other countries in Europe, the beaches, historical cities, and the high quality of life make this country very attractive. The fact that Portugal is a member of the European Union will also attract the attention of foreigners. If we look at other countries in Europe, Portugal draws a more favorable picture financially compared to others. If you want to get a slightly improved version of this list, you can do a little Top 10 European cities to buy a property research. Because there are many different and advantageous countries to invest in Europe.
Spain
Spain, like Portugal, can host foreign investors through the golden visa program. In fact, the conditions are quite similar to those of Portugal, because here, too, foreigners can obtain a residence permit when buying real estate worth €500,000 or more, and as a result, they must regularly renew their residence permits in order to obtain citizenship. The high quality of life and well-developed infrastructure in the cities of Spain, as well as the tourism industry, make this country a very popular destination for investors. With many different islands and coastal areas in the country, it is very pleasant to spend a vacation here, and investors can consider spending their retirement here. Spain does not pose any difficulties for foreign investors to buy property, and investors can easily buy their favorite countries if they wish. Investors can either live in the house they buy or consider renting it out; after all, Spain is a very popular tourist destination.
Malta
Ranked third on the list, Malta attracts the attention of foreigners with its low taxes and strategic location. In addition to these advantages, there are advantageous residence permit programs in Malta, which makes it very easy for foreign investors. There are programs called the Malta Individual Investor Program and the residence permit program in the country, and with these programs, foreign investors can first obtain a residence permit and then citizenship, and even as little as 12 months may be sufficient for investors to obtain citizenship.
Within the scope of the programs just mentioned, an investment of up to 600,000 euros is required in the country. As a result, investors will be able to obtain a residence permit and obtain their citizenship in a short time. Since the official language of Malta is English, people can adapt here quite easily because English is now recognized as the common language of the world. The banking system, health, and education infrastructures in the country are quite good, and for these qualities, it is on this list as one of the countries preferred by foreigners. The economy of the country is growing quite rapidly, and it is very favorable to employers in terms of taxes. Thanks to the ideal climate of the country, it is quite easy to live here.