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The European Union Wants to Tax Golden Visas

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But the Investment Migration Board does not agree with such decisions.

The European Parliamentary Research Service (EPRS) has published a report on migration investment programs in the EU. The aim is to study the legal grounds on which the European Union can influence these projects.

Note that the study does not have any legal or legislative significance. The report is aimed at helping MPs in their work and showing solutions to existing problems.

EPRS offers five options for the development of a political strategy in relation to investment programs:

  1. Gradual rejection of "golden visas" in the EU.
  2. Introduction of a special tax for participants of investment programs.
  3. Regulation of conditions, guarantees and schemes of "golden visas" in the EU member states. The actions will be aimed at increasing the transparency of transactions and facilitating audit.
  4. Additional requirements for programs and limitation of the duration of permanent stay of applicants.
  5. Regulation of access to the EU for third-country nationals through investment programs.

The Investment Migration Board (IMC) noted that only the third of all the proposed options supports it. Experts emphasize that the "golden visa" programs bring considerable profit to the EU. Therefore, participants in these programs should be encouraged more than restricted. In particular, the fourth point will make "golden visas" less attractive. But, meanwhile, it is necessary to work hard on poor governance, lack of transparency and agreed standards.

At the same time, IMC stressed that it is working tirelessly on the third point and cooperates with the EU to regulate programs and strengthen safety standards.

You still have time to participate in one of the programs:
Germany
German Residence Permit for Self-employment
Residence permit For 12 months
from 100 000 €
USA
L-1 Visa Intracompany Transferee Executive, Manager or Specialized Knowledge
Residence permit For 2 months
from 5 000 $
Italy
Residence Permit in Italy for Financially Independent Individuals
Residence permit For 2 months
from 31 000 €
Portugal
Portugal Residence Permit for Passive Income Earners
Residence permit For 6 months
from 8 460 €
Spain
Residency Visa For Acquisition Of Real Estate (Golden visa)
Residence permit For 2 months
from 500 000 €
Georgia
Residence permit in Georgia for real estate buyers
Residence permit
from 100 000 $
France
Passeport talent
Residence permit For 3 months
from 30 000 €
Greece
Residence Permit in Greece by Real Estate Investment (Golden visa)
Residence permit For 2 months
from 250 000 €
Spain
Residence Permit in Spain by Investment (Golden visa)
Residence permit For 2 months
from 1 000 000 €
United Kingdom
UK Investor visa Tier 1
Residence permit For 2 months
from 2 220 000 €
UAE
Visa by Investment in Residential Property
Residence permit For 4 months
from 204 000 $
Italy
Residence Permit in Italy for Entrepreneurs
Residence permit For 2 months
from 8 900 €
Turkey
Residence Permit In Turkey - Real Estate
Residence permit For 2 months
from 50 000 $
Czech Republic
Czech residence permit through employment
Residence permit For 6 months
from 1 000 €
UAE
Long-term residence visas in the UAE
Residence permit For 1 month
from 1 350 000 $
Germany
German residence permit for wealthy individuals
Residence permit For 6 months
from 60 000 €
Montenegro
Montenegro Residence Permit by Property Purchase
Residence permit For 2 months
from 30 000 €
France
Carte de sejour temporaire – Visiteur
Residence permit For 5 months
from 15 000 €
Slovakia
Slovakia residence permit for business
Residence permit For 3 months
from 5 000 €
Austria
Red-White-Red Card for Self-employed Key Workers
Residence permit For 4 months
from 3 000 000 €
USA
O-1 Visa for Individuals with Extraordinary Ability or Achievement
Residence permit For 3 months
from 5 000 $
Spain
Autorización de residencia para emprendedores (REM)
Residence permit For 15 months
from 25 560 €
Spain
Spain Residence Permit - Residencia no lucrativa
Residence permit For 6 months
from 28 800 €
Italy
Investor Visa for Italy
Residence permit For 3 months
from 250 000 €
Bulgaria
Residence for Pensioners in Bulgaria
Residence permit For 4 months
from 2 870 €
Paraguay
Paraguayan Temporary Residency
Residence permit For 2 months
from 3 000 €
Andorra
Residence permit in Andorra for investment
Residence permit For 3 months
from 600 000 €
USA
Immigrant Investor Program - EB-5
Residence permit For 31 months
from 900 000 $
Greece
Greece Residence Permit for Financially Independent Persons (FIP)
Residence permit For 4 months
from 24 000 €
Slovenia
Slovenia temporary residence permit for business
Residence permit For 4 months
from 50 000 €
Switzerland
Swiss Residence Permit for Managers
Residence permit For 5 months
from 9 300 000 €
USA
Treaty Investor Visa E-2
Residence permit For 4 months
from 100 000 $
Latvia
Residence by Property Investment Program
Residence permit For 2 months
from 262 500 €
Canada
Atlantic Immigration Pilot
Residence permit For 6 months
from 2 000 €
Estonia
The Estonian Startup Visa
Residence permit For 3 months
from 2 000 €

Source: IMI 

Quoting conditions of Prian.info materials

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