
Czech President Petr Pavel has signed a law significantly limiting the ability of Russian citizens to obtain Czech citizenship.
Recently, the possibility of obtaining a residence permit in Europe has become an increasingly important topic for many Russian citizens. The opportunity to live in a stable economic and political environment, access to quality education and medical services, freedom of movement within the Schengen zone - all these factors make a European residence permit a desirable document. Let's look at the main aspects and requirements that need to be considered when applying for a residence permit in various European countries, as well as study which countries offer the most attractive and affordable programs for Russians.
A residence permit in Europe offers its holders many opportunities and advantages:
Hungary is a country with a continental climate located in the central part of Europe. Here, cold winters are replaced by warm, often hot summers. Hungary is attractive to investors due to its political stability, developed infrastructure and accessibility to major European markets.
Investment requirements: In order to obtain a residence permit through the investment program it is necessary to invest a minimum of €250,000 in government bonds or other approved financial instruments, with the obligation to maintain the investment for a period of 5 years or more.
Pros:
Minuses:
Hungary offers several programs for obtaining a residence permit, including investment programs and programs for entrepreneurs who plan to open a business in the country.
Switzerland, known for its picturesque landscapes and high quality of life, is located in the heart of Europe and is famous for its temperate climate. Winters are quite mild and summer temperatures rarely rise above 25 degrees Celsius. The country attracts with its political neutrality, stability and developed financial services.
Investment requirements: Switzerland does not offer a direct investment program for obtaining a residence permit, but foreign investors can apply for a residence permit if they conduct business in Switzerland that contributes to the local economy. Investment amounts can vary considerably depending on the region and type of business.
Pros:
Minuses:
In addition to standard business migration, Switzerland offers “lamp permits” for large foreign investors who can prove their financial independence and are willing to invest in the local economy.
Obtaining a residence permit in Europe can come with a number of common disadvantages, including:
Applying for a residence permit in Europe involves several steps, which may vary from country to country. However, the basic steps remain common:
The documents required to apply for a residence permit can vary by country and program type, but typically include:
These documents may require notarization or apostilization, as well as translation into the official language of the country of application.
Czech President Petr Pavel has signed a law significantly limiting the ability of Russian citizens to obtain Czech citizenship.
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