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Top EU residence by investment programs for African investors

Simon Osuji by Simon Osuji
June 17, 2024
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Top EU residence by investment programs for African investors
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As pioneers in the field, Henley & Partners unveils the most popular EU residence by investment programs for wealthy African investors, each with unique requirements and financial thresholds, offering a gateway to prestige, prosperity, and unparalleled privilege for discerning individuals and their loved ones.

  • Portugal Golden Residence Permit Program:

portugal bridge

Investment options in Portugal include allocating EUR 500,000 towards acquiring an investment or venture capital fund, investing the same amount into research endeavors (with a reduced requirement of EUR 400,000 in low population density regions), contributing EUR 250,000 towards cultural preservation efforts (EUR 200,000 in low population density areas), or directing EUR 500,000 towards establishing a company registered in Portugal.

portugal cliffs

Renowned for its attractive investment options and favorable tax regime, the Portugal Golden Residence Permit Program is the leading EU residence by investment program. It offers wealthy African families the right to reside in Portugal with visa-free access to Europe’s Schengen Area and a direct pathway to Portuguese citizenship after five years of being a legal resident and without needing to spend significant time in the country.

  • Malta Permanent Residence Programme:

malta skyline

Investment opportunities in Malta include either purchasing property valued at EUR 350,000 (with a reduced requirement of EUR 300,000 in South Malta or Gozo) along with a contribution of EUR 28,000 to the Maltese economy or opting for a property lease at EUR 12,000 annually (EUR 10,000 in South Malta or Gozo) in addition to a contribution of EUR 58,000 to the Maltese economy.

malta cliffs

Aside from the key benefits of being able to reside in the country, visa-free access to Europe’s Schengen Area, and the eligibility to apply for Maltese citizenship by fulfilling residence requirements over an extended period, successful applicants gain access to top-tier healthcare and education in Malta, a member state of the European Union. Malta’s favorable tax regime, which does not require wealth or inheritance tax, also presents an attractive proposition for African investors seeking to optimize their financial portfolios.

  • Latvia Residence by investment Program:

latvia castle

The Latvia Residence Program requires an investment of EUR 50,000 into the equity capital of a Latvian company and in addition, a one-time payment of EUR 10,000 to the state budget.

latvia skyline

Investment in Latvia offers a host of advantages including the opportunity to reside in the country, visa-free access to Europe’s Schengen Area, and eligibility for citizenship after 10 years of residence. Positioned strategically and with a thriving economy, Latvia stands out as an ideal choice for global entrepreneurs and investors. It is also the most affordable EU residence by investment program and grants the right to live in a country that has one of the lowest costs of living available in Europe.

  • Greece Golden Visa Program:

greece athens

Investment options in Greece include acquiring real estate with a minimum value of EUR 250,000, placing a term deposit of EUR 400,000, making a capital contribution of EUR 400,000, investing in Greek government bonds, units, or shares worth EUR 400,000, or purchasing shares or corporate bonds amounting to EUR 800,000.

greece ocean view

Investing in Greece offers a range of benefits, including the right to reside in the country, visa-free access to Europe’s Schengen Area, and eligibility for citizenship after seven years of residence. Famous for its natural beauty and thriving tourism industry, Greece residence is an ideal investment for holidaymakers or those considering holiday buy-to-lets. With no physical presence requirement, several investment options, and a quick processing time, acquiring Greek residence is a seamless and stress-free process.

  • Spain Residence by Investment Program:

spain header 620

Investment options in Portugal entail acquiring real estate worth EUR 500,000, purchasing government bonds with a minimum value of EUR 2 million, or investing in investment funds, bank deposits, or company shares with a minimum value of EUR 1 million.

spain about

The Spain Residence by investment Program offers many benefits, including the opportunity to live in the country, visa-free access to Europe’s Schengen Area, and eligibility for citizenship after 10 years of residence. Favored by real estate investors, the program provides accessibility to the EU and surrounding countries. There are also considerable tax benefits for new Spanish residents, making it a good option for families looking to set up their second home in Europe.

Henley & Partners invites affluent African families to explore the exceptional benefits of the top five EU residence by investment programs. With our industry-leading expertise and unwavering commitment to excellence, we stand as your trusted partner in realizing your aspirations and securing a brighter future for generations to come. Embark on a transformative journey towards European residence with Henley & Partners by your side.

Weyinmi Oritsejafor, IMCM, acts as a Client Advisor at Henley & Partners in the UK. To contact her, you can email at weyinmi.oritsejafor@henleyglobal.com or call +2348106738170.”

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