Let’s proceed to the list of the easiest countries to get permanent residency in Europe in 2018. Insider Monkey has recently published an interesting article about it giving you some advice – in case you are planning to live in the Old Continent. Countries in Europe have served as home to civilizations for centuries. If you’re a history buff, the continent offers endless wonders to explore and discover. I could spend days getting lost in the cathedrals and other centuries-old buildings — many that are older than the United States of America.For many, finding the the easiest way to get permanent residence in Europe is highly important when looking to move to the continent. On this list you’ll find not only the easiest country to get permanent residency there, but you will also learn about who has the fastest permanent residence process in Europe.
Now without a further ado let’s see what Insider Monkey has investigated for us. We have picked three of the easiest countries to get permanent residency in Europe in 2018from their list.
The first one is Monaco. The conditions to become a resident in Monaco are not as tight as commonly thought. It is, however, advisable to engage a consultant to handle an application. To become a resident, you must be able to show enough means of affording the lifestyle, which is not cheap. Monaco’s residents are not taxed on income, wealth or capital gains, and there is freedom to travel visa-free to all countries in the Schengen vicinity. The second country on our short list should be Spain. The Spanish residence program is seemingly identical to that of Portugal. Nevertheless, Spain grabs the fifth position on our list of the easiest countries to get permanent residency in Europe in 2018. A permit for residency is granted to someone who buys a house worth €500,000 or invests €2 million in the government debt of Spain. At last, but not least we are mentioning Latvia. An foreigner who seeks to get a Latvian short-term permit for residence should purchase real estate worth €250,000 and submit a government fee of 5%. Latvia has a visa-free allowance for investors to travel in other European and Schengen countries.
For any further useful information, read Insider Monkey’s article about 11 easiest countries to get permanent residency in Europe in 2018.