Request a call

go back

Europe

Middle East

Oceania

Caribbean

All Citizenship Programs

go back

Residence Permit in Europe

Americas

Asia

All Residency Programs

All Events

Business Breakfast for Passportivity Partners

The meeting discussed new prospects for investors interested in obtaining second citizenship and residency.

Passportivity was represented by the Partnership Department staff and the company's legal team:

Yulia Veremeva, Director of Partnership Development, certified IMC specialist;
Elena Garnitsarik, Head of the Legal Department;
Anton Molchanov, Deputy Head of Legal Department;
Elena Klimovskaya, Account manager of Partnership Department;
Yudit Manevich, Account manager of Partnership Department.

The event was attended by Passportivity partners from the Private Banking sector, luxury real estate, financial consulting, wealth management companies, as well as lawyers, tax consultants, and representatives of concierge services.

Key Points of the Presentation

During the breakfast, Passportivity experts gave a presentation, informing the company’s partners about the following:

Why the Hungary Golden Visa has become a key investment tool for obtaining EU residency.
What changes have occurred in Vanuatu citizenship by investment program and Greece Golden Visa.
How the conditions for obtaining European golden visas have changed.
How to gain residency status without investment.

In a live broadcast from Budapest, the head of Passportivity’s Hungarian office answered the guests’ questions.

How the Breakfast Was Held

The meeting took place at the Italian restaurant "Butler" in Moscow on September 11th, 2024.

Second Citizenship and Residency by Investment: New Opportunities for Investors in 2024

Hungary. As of July 1st, 2024, investors can apply for a Hungary Golden Visa. Applicants choose from three options: purchasing real estate, investing in funds, or donating to a higher education institution. Investment costs start at €250,000.

Advantages of the Hungarian Golden Visa:

visa-free access to the Schengen Area;
ability to protect assets and open a bank account in the EU;
three investment options, including real estate purchase;
no residency requirements to maintain the visa;
opportunity for EU citizenship by naturalisation;
residency permit processing time of as little as five months.

Vanuatu. Foreigners can obtain a Vanuatu passport by investments starting at $130,000. Two new options have been added to the citizenship program — investment in the CNO Future Fund for cocoa or coconut oil production:

Cocoa fund investment starts at $155,000.
Coconut oil fund share purchases start at $157,000.

After five years, investors can recover part of their investments while retaining their citizenship.

As of August 31st, 2024, all applicants for Vanuatu citizenship must submit biometrics. Collection points will open in Vanuatu, Belgium, the UAE, New Caledonia, and Hong Kong by November 15th, 2024.

Greece. Greek residency can still be obtained by purchasing real estate starting at €250,000. Applicants can invest in one of two types of properties:

Industrial projects converted to residential use.
Government-protected buildings in need of restoration.

Portugal. Residency in Portugal is available by investment of €250,000 in culture and arts funds. Another option is acquiring investment fund units with a minimum requirement of €500,000 and with an opportunity to return the money.

How to Become a Resident of Another Country Without Investments

Residency for financially independent persons. France, Spain, Italy, Portugal, and Austria offer residency permits to foreigners with passive income. Financial requirements for applicants are typically tied to the country's minimum wage.

Residency for digital nomads. Portugal, Spain, Italy, Hungary, and Malta have introduced Digital Nomad Vsas, which allow individuals to obtain residency by providing proof of income abroad. The monthly salary requirement for digital nomads varies by country and is usually around €2,000—3,000.

Renting or purchasing real estate in the country is another condition for obtaining residency without investment.

Meeting Summary

The company’s partners expressed confidence in long-term collaboration and readiness to develop new joint projects, emphasising the value of such events.

Guests noted the high level of organisation, informative presentation, and the friendly, comfortable atmosphere.

If you would like to become our partner, receive industry news on investment immigration, and earn additional income through collaboration, contact us for a consultation. Our manager will reach out to you within one day.