Real Estate Immigration Germany
As the number of people acquiring citizenship by investing in real estate increases, questions concerning such possibilities in Germany arises.
Malta’s “Malta Citizenship by Investment” Programme provides an example, and many other EU States are following suit. The principle is straightforward: by contributing to the state funds of the EU country the investor is awarded with citizenship of that state. The investments are normally classified as follows: investment in real estate or the creation of several hundred jobs significantly contributes to the public purse of EU States in need of financial help. In return, you can acquire the “Golden visa”. It is seen as a profitable deal for both parties.
With this simple business model, European Union Member States like Malta, Portugal, Greece, Romania and Cyprus earn enormous amounts of money annually through foreign investors. The rules are clearly defined and seems straightforward. However, as simple as this model may seem, it has been a cause of concern for the European Commission and citizenship awarded for real estate investment has attracted some degree of criticism.
The Situation in Germany
However, the question is what the legal position in Germany looks like. What options does Germany offer for individuals seeking to avail of citizenship through similar schemes? We will explain the legal position in Germany regarding Real Estate Immigration, as well as the arising opportunities and possibilities.