How to choose when buying a house for immigration? These 5 high cost-effective overseas investment destinations will kill two birds with one stone!

author
William
2024-12-26 15:58:39

With the prosperity of the global real estate market, more and more investors are turning their attention to overseas investment, especially obtaining citizenship through real estate immigration. This not only provides a higher quality of life, but also broadens their global perspective, especially bringing significant advantages in education, healthcare, and other areas. Choosing a suitable destination for real estate immigration has become the focus of many investors’ attention.

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However, in the process of buying a house and immigrating, cross-border fund transfer often becomes a problem that investors need to pay special attention to. How to ensure the safe and efficient cross-border remittance of funds is one of the challenges faced by every investor.

BiyaPay: The preferred choice for cross-border remittance investment

In cross-border real estate investment, fund transfer is usually complex and expensive. BiyaPay effectively solves this pain point by providing simple and low-cost cross-border remittance services to help investors efficiently transfer funds. Whether it is paying for a house or managing assets, BiyaPay can ensure that funds arrive at the destination quickly and safely. Through the Localization remittance method, the handling fee is effectively reduced, and there is no limit to the amount, which simplifies the cross-border fund flow and can help investors successfully complete the real estate immigration plan.

Inventory of cost-effective countries

Next, let’s take stock of some cost-effective countries for buying houses and immigrating to help everyone make wiser choices.

Malta: A four-in-one immigrant paradise

Malta is the only country in the world that belongs to the European Union, Schengen, Commonwealth, and Eurozone at the same time. English as the official language greatly facilitates the lives of immigrants. Malta offers the advantage of one person handling immigration and the whole family immigrating. Spouses, children, and parents can apply together, and up to four generations can immigrate. By purchasing Maltese property, not only can you enjoy various benefits of European Union member states, but also provide better educational opportunities, especially Malta’s British education system, which provides more choices for children of immigrant families in the future.

Greece: an investment choice that combines beauty and history

Greece has attracted a large number of investors with its unique natural scenery and long history and culture. By purchasing real estate in Greece, not only can you enjoy the beautiful island life, but you can also quickly obtain immigration status. The most attractive thing is that Greece’s real estate immigration policy supports three-generation family immigration. Applicants only need to invest a minimum of 250,000 euros to purchase real estate. Spouses, parents, and even spouse’s parents can apply together, simplifying the entire immigration process. In addition, Greece has a relatively low cost of living, high-quality medical and educational resources, and is a cost-effective immigration destination.

Turkey: a cost-effective option for quickly obtaining identity

Turkey’s property purchase immigration policy has been warmly sought after by investors in recent years. Even though the investment threshold has been raised from $250,000 to $400,000, Turkey’s high cost performance still attracts global investors. Compared with other countries, Turkey’s approval process is short, usually only taking a few months to complete the identity application. Moreover, Turkey’s property purchase immigration policy allows investors to sell their properties within three years after obtaining identity, without affecting their residency status, making it a “dark horse” project in the eyes of investors.

Spain: An Investment Option for Art and Business

Spain has become an ideal destination for investors due to its rich history, culture, and unique geographical location. Spain’s property immigration program is flexible and diverse, and investors can choose to purchase residential or commercial properties and enjoy permanent property rights. The most common program requires a minimum investment of 500,000 euros, which provides an excellent opportunity for many high net worth individuals interested in investing in the European market. Spain has a high quality of life, pleasant climate, and a long cultural heritage, attracting investors from all over the world.

Cyprus: Fast track to green card

The Cyprus real estate immigration program is one of the earliest real estate immigration programs in Europe. Investors can not only obtain permanent residency but also enjoy European social welfare by purchasing properties worth more than 300,000 euros. The stable and relatively reasonable real estate market in Cyprus has made it a choice for many investors. The most attractive thing is that the permanent residency program provided by Cyprus has high flexibility. Applicants do not need to reside in the country for a long time to enjoy European Union benefits such as healthcare and education.

Overall, Malta, Greece, Turkey, Spain, and Cyprus each have their unique advantages and are suitable for different types of investors. When investing overseas and choosing a country for real estate immigration, investors need to make a choice based on their own needs and budget.

*This article is provided for general information purposes and does not constitute legal, tax or other professional advice from BiyaPay or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or warranties, express or implied, as to the accuracy, completeness or timeliness of the contents of this publication.

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