The 12 easiest and cheapest countries for gaining European Union residency
12. Bulgaria — A deposit of around €500,000 in a Bulgarian government bond portfolio for five years is enough to qualify for Bulgaria's residency programme.
![The 12 easiest and cheapest countries for gaining European Union residency](/_next/image?url=https%3A%2F%2Fstaticbiassets.in%2Fthumb%2Fmsid-55977635%2Cwidth-700%2Cheight-525%2Cimgsize-1385356%2F12-bulgaria-a-deposit-of-around-500000-in-a-bulgarian-government-bond-portfolio-for-five-years-is-enough-to-qualify-for-bulgarias-residency-programme-.jpg&w=3840&q=75)
11. Greece — After being granted a so-called "D" visa, investors can apply for Greek residency after purchasing properties with a total value of €250,000.
![11. Greece — After being granted a so-called "D" visa, investors can apply for Greek residency after purchasing properties with a total value of €250,000.](https://staticbiassets.in/thumb/msid-55977634,width-700,height-525,imgsize-1118745/11-greece-after-being-granted-a-so-called-d-visa-investors-can-apply-for-greek-residency-after-purchasing-properties-with-a-total-value-of-250000-.jpg)
10. Cyprus — The Mediterranean island offers a low corporation tax of 12.5% for residents' businesses but to apply you need to buy a property worth more than €300,000.
![10. Cyprus — The Mediterranean island offers a low corporation tax of 12.5% for residents](https://staticbiassets.in/thumb/msid-55977633,width-700,height-525,imgsize-1353734/10-cyprus-the-mediterranean-island-offers-a-low-corporation-tax-of-12-5-for-residents-businesses-but-to-apply-you-need-to-buy-a-property-worth-more-than-300000-.jpg)
9. Monaco — Residents of Monaco are not subject to income tax, capital gains tax or wealth tax and are able to travel visa-free to all Schengen area countries.
![9. Monaco — Residents of Monaco are not subject to income tax, capital gains tax or wealth tax and are able to travel visa-free to all Schengen area countries.](https://staticbiassets.in/thumb/msid-55977632,width-700,height-525,imgsize-1253803/9-monaco-residents-of-monaco-are-not-subject-to-income-tax-capital-gains-tax-or-wealth-tax-and-are-able-to-travel-visa-free-to-all-schengen-area-countries-.jpg)
8. Jersey — The island of Jersey is attractive for its low tax regime and mild climate. The minimum investment for residency costs £125,000 a year and is only open to those earning more than £625,000.
![8. Jersey — The island of Jersey is attractive for its low tax regime and mild climate. The minimum investment for residency costs £125,000 a year and is only open to those earning more than £625,000.](https://staticbiassets.in/thumb/msid-55977631,width-700,height-525,imgsize-1224924/8-jersey-the-island-of-jersey-is-attractive-for-its-low-tax-regime-and-mild-climate-the-minimum-investment-for-residency-costs-125000-a-year-and-is-only-open-to-those-earning-more-than-625000-.jpg)
7. United Kingdom — The UK might not be cheap but it is an attractive destination for rich families looking for good private schooling. The residency programme is tiered, asking for £2 million, £5 million and £10 million from investors.
![7. United Kingdom — The UK might not be cheap but it is an attractive destination for rich families looking for good private schooling. The residency programme is tiered, asking for £2 million, £5 million and £10 million from investors.](https://staticbiassets.in/thumb/msid-55977630,width-700,height-525,imgsize-1385245/7-united-kingdom-the-uk-might-not-be-cheap-but-it-is-an-attractive-destination-for-rich-families-looking-for-good-private-schooling-the-residency-programme-is-tiered-asking-for-2-million-5-million-and-10-million-from-investors-.jpg)
6. Latvia — To obtain a Latvian temporary residence permit, one has to buy real estate worth €250,000 and pay a 5% government fee.
![6. Latvia — To obtain a Latvian temporary residence permit, one has to buy real estate worth €250,000 and pay a 5% government fee.](https://staticbiassets.in/thumb/msid-55977628,width-700,height-525,imgsize-1361013/6-latvia-to-obtain-a-latvian-temporary-residence-permit-one-has-to-buy-real-estate-worth-250000-and-pay-a-5-government-fee-.jpg)
5. Spain — The country has a similar programme to Portugal, and a resident permit can be obtained by buying a €500,000 house or investing €2 million in Spanish government debt.
![5. Spain — The country has a similar programme to Portugal, and a resident permit can be obtained by buying a €500,000 house or investing €2 million in Spanish government debt.](https://staticbiassets.in/thumb/msid-55977627,width-700,height-525,imgsize-1407657/5-spain-the-country-has-a-similar-programme-to-portugal-and-a-resident-permit-can-be-obtained-by-buying-a-500000-house-or-investing-2-million-in-spanish-government-debt-.jpg)
4. Malta — Malta applies a low 15% tax rate for permanent residents, and the programme can be accessed for relatively little money — the purchase of a €275,000 property should do it.
![4. Malta — Malta applies a low 15% tax rate for permanent residents, and the programme can be accessed for relatively little money — the purchase of a €275,000 property should do it.](https://staticbiassets.in/thumb/msid-55977626,width-700,height-525,imgsize-1233934/4-malta-malta-applies-a-low-15-tax-rate-for-permanent-residents-and-the-programme-can-be-accessed-for-relatively-little-money-the-purchase-of-a-275000-property-should-do-it-.jpg)
3. Portugal — To obtain Portuguese residency one can create 10 jobs with a business, transfer €1 million into a Portuguese bank or buy a house for €500,000.
![3. Portugal — To obtain Portuguese residency one can create 10 jobs with a business, transfer €1 million into a Portuguese bank or buy a house for €500,000.](https://staticbiassets.in/thumb/msid-55977623,width-700,height-525,imgsize-1192971/3-portugal-to-obtain-portuguese-residency-one-can-create-10-jobs-with-a-business-transfer-1-million-into-a-portuguese-bank-or-buy-a-house-for-500000-.jpg)
2. Belgium — A Belgian residency application takes as little as two months to process and employment in the country may be a qualifier on its own, negating the need for investment.
![2. Belgium — A Belgian residency application takes as little as two months to process and employment in the country may be a qualifier on its own, negating the need for investment.](https://staticbiassets.in/thumb/msid-55977622,width-700,height-525,imgsize-1233794/2-belgium-a-belgian-residency-application-takes-as-little-as-two-months-to-process-and-employment-in-the-country-may-be-a-qualifier-on-its-own-negating-the-need-for-investment-.jpg)
1. Austria — Austria offers 10 different types of residency permit that do not require an investment and which can be used for visa-free travel across the Schengen area.
![1. Austria — Austria offers 10 different types of residency permit that do not require an investment and which can be used for visa-free travel across the Schengen area.](https://staticbiassets.in/thumb/msid-55977621,width-700,height-525,imgsize-1042730/1-austria-austria-offers-10-different-types-of-residency-permit-that-do-not-require-an-investment-and-which-can-be-used-for-visa-free-travel-across-the-schengen-area-.jpg)
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