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Residence Permit in Europe
Americas
Asia
Residency programs provide a viable pathway for affluent individuals who wish to acquire rp or pr by investment. Discover the possibilities that could expand your travel horizons, present new business possibilities, and enhance your way of life.
Minimum investment amount
Fastest obtaining period
A residence permit is typically valid between 1 to 5 years, even up to 10 years in places like the UAE, necessitating regular renewals to maintain the status. On the other hand, permanent residence has no set expiry: it doesn't require renewal and permits indefinite stay in the country.
You start with applying for residency. After several years of continuous, legal residence in the country, you can progress to permanent resident status and eventually apply for citizenship after a few more years.
For residence permits obtained by investment, a language test isn't usually required. For other types of residence permits, it depends on the country's rules. Transitioning from temporary to permanent residency typically involves demonstrating proficiency in the country's language.
Requirements to obtain residence permit
Most countries require a valid passport that is good for a certain period beyond the expected stay.
You will usually need to fill out an application form detailing personal information, reasons for your stay, and possibly other information.
You will need to provide a reason for your stay, such as employment, study, or family reunification. This may require additional documentation, like an offer of employment or admission to a school.
Many countries require proof that you can support yourself financially for the duration of your stay. This could be through a job, personal savings, or a financial sponsor.
Some countries require proof of health insurance to ensure you have access to medical care.
Many countries require a certificate of no criminal record, or will at least conduct a criminal background check.
Some countries require specific medical checks, such as for tuberculosis.
You may need to show you have a place to live. This could be a rental agreement, a letter from a friend or relative you'll be staying with, or other proof of accommodation.
Moving to Europe, the USA or the UAE offers numerous benefits, including safety, a pleasant climate particularly in Mediterranean countries, social and political stability and low crime rates.
European residency by investment grants the holder visa-free travel within the Schengen Area, allowing a stay up to 90 days within a 180-day period.
Residency programs often extend to the immediate family of investors, including spouses, minor children, and in some cases, adult children and parents.
Some countries allow investors to acquire residency through property purchase, which can be used as a second home or rental property. This can be a lucrative investment.
An RP by investment offers access to quality education across for both the investor and their minor children. Additionally, these permits provide access to medical services, with some countries offering free public healthcare.
Certain countries offer beneficial tax regimes for investors.
Requirements to obtain permanent residence
In many countries, you need to prove that you have lived continuously in the country for a certain period. This often means you can't have been outside the country for more than a certain number of days.
You will usually need to show that you have a stable income or sufficient financial resources to support yourself and any dependents without needing public funds.
Most countries require you to have no serious criminal record.
This could involve language proficiency tests, citizenship classes, or proof of employment or community involvement.
A key benefit of permanent residence is the right to live indefinitely in the host country. This can provide a high degree of stability and security.
Permanent residents typically have the freedom to work in any industry or occupation, and change jobs without jeopardising their status. This is a key difference from many work-related temporary residence permits.
In many countries, permanent residents have access to the same social services as citizens, including healthcare, education, and social security.
Permanent residents often have the right to sponsor family members for permanent residence. They also typically have the right to live with their minor children, who can often attend local schools.
Permanent residents usually have the right to leave and return to the country. They also may be able to travel to certain other countries without a visa, depending on agreements between countries.
In many cases, holding permanent residence for a certain period is a key step toward naturalisation, or obtaining citizenship. This process varies by country.
Are you looking to study, work, invest, retire, or reunite with family? Your goals will heavily influence which programs are best for you.
Once you know why you want to move, look at which countries offer residence programs that meet those needs. Consider factors like language, culture, cost of living, healthcare, and safety.
Each country has different requirements for their residence programs. These could be financial, related to health, or involve criminal background checks. Make sure you meet the requirements for your chosen program.
Some programs offer temporary residence and some offer a pathway to permanent residence. Consider your long-term plans when choosing a program.
Look at the costs of the program, including application fees, cost of living in the country, and potential income.
Get in touch with immigration lawyers or consultants who can guide you through the process and give you personalised advice.
Frequently Asked Questions