If you purchasing an elite real estate abroad, you are not only investing in your future, but you can also obtain a temporary residence permit in the European Union.
Many European Union countries offer property investors a residence permit. Latvia, Spain, Portugal, Greece, Bulgaria, and Hungary offer the most attractive conditions.
Basically, the key condition is the cost of the property. Spain and Portugal, for example, offer a residence permit when you invest in a property starting from €500,000; Cyprus, Bulgaria and Greece when the figure runs to €300,000. In Latvia it starts from €250,000. The most flexible terms are in Hungary where you can obtain a residence permit if you buy a property at any price.
A residence permit may be granted for a period of 1 to 5 years, and may be extended.
- All members of your family (wife/husband, children) may get a residence permit;
- It allows you to stay in the European union all year*;
- It allows you to go to school/ university, run a business, get medical support, financing and even deposit money in banks for safety;
- Later, you and your family have the opportunity to obtain citizenship.
The list of documents**:
- Purchase/sale agreement;
- Valid passports for investors and their family members;
- Application for a residence permit;
- Certificate of good health;
- Health insurance;
- Certificate of good conduct.
*Some countries have a fixed minimum term per year of being nationwide. In order to maintain a residence permit in Hungary, for example, you should stay there at least 183 days a year.
**The list of documents is conditional and may vary in accordance with the laws of a country.
Mercury Group offers full assistance in obtaining a residence permit in the European Union. We will advise you on all the details and peculiarities, and help you to become part of the European Union.
In what European country to obtain a residence permit?
In case you have any questions, you can contact our specialists.
The agent (Alina Pakalne) was efficient, motivated, and very professional. She was able to sell my property in two months at the best market price. She helped me and followed me thought all steps of sale, papers, bank, and notary.2014, Gianpietro Carretta
Ar Jūsu kompānijas starpniecību esam noīrējuši labu dzīvokli labā vietā. Ja turpmāk būs nepieciešams atrast labu dzīvokli sazināšos ar Jūsu kompāniju.2015, Uldis Kaufmanis
My agent was Olga. Working with her was really pleasure. She really care for customer and for what we are need from the apartment we are looking for. She devoted to her job and she is very up to date, answer quickly to all my requests. And always ready to help me even if it is not connect with our usual business, for example with some good advice because I was first time in Riga. And of course she find me good place to stay here, just what I was looking for. I would surely like to work with that kind of person. I am travelling a lot because of nature of my job, but it is really rear to find such a professionally agent.2015, Aleksandra Stanković
My impression was a serious good treatment of us as costumers. We received information needed and meetings were correctly arranged and kept on time. Nice people with good intentions, overall a very good impression.2015, Filip Eskilsson
Большое спасибо Ольге, за помощь в поиске апартаментов. Особенно хочу отметить оперативность и профессионализм в подборе и показе квартир, а также увлекательный рассказ про Юрмалу :)2015, Мария Кузнецова
I want to personally thank you for the great effort of Julia to find me perfect rental, after many attempt !!!2015, Kari Wahlroos
We were looking rent apartment for our family with Olga. Very helpful and professional way of working from the beginning until the end of cooperation.2015, Hannu Houni
It was apparent to me that you not only do your job extremely good, but you also have a very high level of patience and willingness to ensure customer satisfaction . You are a Credit to your profession and I give you " 15 out of 10 Stars "!2015, Soma Singh
Hello Irina, Due to your absence, we had to deal with Tatjana (which was a real pleasure for us, for her kindness and efficiency). We have been in Riga during the last weekend, already. We took that appt. actually, well furnished, perfectly placed. Very handy and nice. We were quite pleased during our stay and we think we will contact your company again for our next visits to Riga. Give our regards to Tatjana and accept my thank you for your care.2006, Carlos Roso
Hi Irina, Hope that you are well. Just wanted to drop you a quick note to say thank you for helping us to arrange everything for last weekend. I really enjoyed the visit and the apartment was great. I'm hoping to make another visit soon, I'll be back in touch as soon as I know the dates. Thank you!2007, Marc
Hello Irina!!! I just want you to know that my friend Gordon and I were both very satisfied with the apartment we rented from you, and also your excellent service from the time of booking to the early morning pick up. We will definitely use your services again in the future! Thank you!!2007, Atle & Gordon
Thank you very much for organizing everything again. We had a great trip! Thanks!2007, Marc
I have found RentApartmentInRiga very interested in helping and hospitable. Ongoing I am excited about the possibility of doing more business with them and will be in touch when I am next there.2007, Ross
I wanted to thank you for all your help in finding a flat for me to buy in Riga and later rent it out. Your service was extremely helpful and professional and certainly made everything a lot easier. Thanks very much !2007, Satbinder