If you were interested in an EU investment visa, you might need an alternative.
A European passport — more specifically, an EU or Schengen Zone passport — opens nearly the entire continent to you. You can work in one country, live in another, and freely travel between over two dozen nations without border checks.
Securing citizenship in such a country often requires years (if not decades), a lengthy process of paperwork, legal fees, and no shortage of headaches. In short, it’s how immigration to a country typically works. However, many European countries offer a fast pass. A way of sidestepping all the trouble of securing residency, citizenship, and your EU passport. That’s with a golden visa.
While there are a handful of golden visa options around Europe, the most common practice is via a real estate investment. Participating countries would set a minimum value that needed to be spent, and as long as you followed the basic rules, you’d receive your passport, citizenship, and all the benefits that came with it.
Of course, because the EU and Schengen area are intertwined, when one country allows someone in, it means every other country will also welcome them (not all that different from living in one U.S. state and working…