Thinking of moving to Europe through investment? Cyprus might be your golden ticket, literally. Since 2014, the country has granted 28,660 Golden Visas to foreign nationals, mainly from China, Russia, and Lebanon. Under this Golden Visa program, you get permanent residency by investing at least €300,000 in property or other financial assets, and showing an annual post-tax income of €50,000.
Sounds like a shortcut? It is. While it’s boosted the economy and real estate market, critics say it commodifies residency and skips traditional immigration rules. Would you invest in EU access if you could? Let us know what you think!