Citizenship by Investment

How to Get Citizenship for Investment in April 2025?

April 6, 2025

How to Get Citizenship for Investment in April 2025?

April 2025 entrepreneurs continue to look for countries with favorable conditions for doing business and obtaining a residence permit (VNG). The opportunity to open a company abroad not only expands markets but also gives access to stable economic systems, tax benefits, and long-term residency opportunities. In this article, we will look at where it is now easiest to obtain a residence permit for business, which countries offer the most convenient conditions, and what has changed over the past year.

Key factors when choosing a country for business immigration

Before choosing a country for business immigration, it is important to consider several key factors:

  • Minimum investment size and turnover requirements. Some countries require significant investment, while others require minimal investment. It is important to calculate the possible costs and the compliance of your capital with the country's requirements.
  • Tax burden and preferential treatment. Some countries offer reduced tax rates or tax vacations for new entrepreneurs. This can significantly affect the profitability of the business.
  • Ease and speed of obtaining a residence permit. From several months to several years. It is important to take into account bureaucratic procedures, requirements for documents, and the timeframe for their consideration.
  • Possibility to extend residence permit and obtain permanent residence permit/citizenship. It is important to consider future prospects. In some countries, it is possible to obtain citizenship after 5-6 years, while in some countries you have to wait 10 or more years.
  • Access to international markets. Market access to the EU, US, or other major economic regions can be a key factor. Some countries offer simplified trade terms or tax incentives for exporters.
  • Ease of business registration. In some countries, registering a company takes only a few days, while others may require significant time and additional checks.
  • Physical presence requirements. It is important to consider whether you need to live in the country permanently or whether you can maintain a residence permit with a minimum stay.
  • Cost of living and availability of staff. The price level of rent, utilities, and employee salaries can have a significant impact on business.

Best countries for business residence permits in april 2025

Portugal

Portugal continues to be one of the most attractive countries for business immigrants, offering favorable business conditions, a loyal migration policy, and a low entry threshold for entrepreneurs. The main program for obtaining a residence permit (TPL) for business is the D2 visa, designed specifically for investors and owners of small and medium-sized businesses.

D2 program: conditions and requirements

The D2 program is aimed at entrepreneurs who want to start a business in Portugal or transfer an existing company to the country. The main requirement is a sound business plan that confirms the viability of the project and its contribution to the country's economy.

Basic requirements:

  • Business registration in Portugal (sole proprietorship, LDA, or SA);
  • Business plan confirming the sustainability of the project;
  • Financial means to support the business (although officially there is no minimum investment, it is recommended to invest at least 5 000-10 000 euros);
  • Proof of means to live in the country;
  • No criminal record.

Procedure for obtaining a residence permit

The process of obtaining a residence permit under the D2 program takes from 3 to 6 months and includes several stages:

  1. Registering a business and opening a corporate bank account.
  2. Developing a business plan and collecting the necessary documents.
  3. Submission of the application to the Portuguese Consulate in the country of residence.
  4. Visa approval and entry into Portugal.
  5. Registration of residence permit in SEF (Service for Foreigners and Borders).
  6. Renewal of the residence permit after 2 years, then after another 3 years.

Portugal offers favorable tax conditions for residents under the NHR (Non-Habitual Resident) regime. This status allows: the reduce taxes on certain types of income (for example, passive income outside of Portugal may not be taxed); the use of a fixed rate of 20% for income from highly qualified activities; tax exemptions are established for 10 years from the date of obtaining the status.

After 5 years of residence in Portugal under the residence permit it is possible to apply for permanent residence or citizenship. The main conditions for naturalization: are continuous residence in the country for 5 years, financial independence, absence of serious offenses, and knowledge of Portuguese at the A2 level.

Advantages of business immigration to Portugal:

  • Loyal requirements for investors - low investment threshold compared to other EU countries.
  • High quality of life - affordable medicine, safety, favorable climate.
  • Visa-free access to Schengen with a residence permit.
  • Flexible tax system with the possibility of tax optimization.

In 2025 Portugal continues to attract businessmen from all over the world, offering comfortable conditions for living and doing business. With the right approach and competent preparation of a business plan, a residence permit in Portugal can be the first step to European citizenship and new opportunities.

UAE

The United Arab Emirates (UAE) remains one of the most attractive destinations for entrepreneurs seeking to obtain a residence permit (TPL) through business. The main advantages of the emirate are the absence of income tax, the possibility of 100% business ownership and developed infrastructure for living and working.

Long-term residence permit program under Golden Visa

The Golden Visa program is designed for investors, entrepreneurs, and highly qualified professionals. It provides a long-term residence permit for up to 10 years with the possibility of further extension.

The main conditions for obtaining a Golden Visa through business:

  • registration of the company in one of the free economic zones or on the mainland of the UAE;
  • confirmation of the economic value of the company for the country;
  • ownership of assets or shares in the company that meet the requirements of the program.

In addition, the UAE offers different types of visas for entrepreneurs and investors, including Startup Visa, which is intended for founders of startups with innovative ideas and development potential, and Investor Visa, which is issued to those who invest significant amounts (usually from AED 500,000) in real estate or business, Freelancer Visa, which is suitable for individual entrepreneurs and professionals working in creative and digital fields.

Benefits of doing business in the UAE

Tax benefits:

  • no income tax on personal income;
  • corporate tax - 9%, but applies only to net profits exceeding AED 375,000 (about $102,000);
  • exemption from tax on dividends and capital gains in most cases;
  • favorable tax treatment in free economic zones (subject to compliance).

Free Economic Zones (Free Zones), which offer unique advantages for foreign investors:

  • 100% business ownership without the need to find a local partner;
  • full exemption from customs duties on imports and exports;
  • simplified rules for doing business and obtaining licenses;
  • the ability to repatriate capital and profits without restrictions;
  • remote company registration is possible in a number of free zones.

There are more than 40 free economic zones in the UAE, among which are the popular Dubai Multi Commodities Center (DMCC), Jebel Ali Free Zone (JAFZA), Abu Dhabi Global Market (ADGM), and Dubai Internet City (DIC).

The obvious advantages of applying for a UAE residence permit are access to a high standard of living and the developed infrastructure of the United Arab Emirates. These include modern world-class medical facilities, accessible international schools, and universities with English curricula, developed transport infrastructure, including international airports with convenient flights around the world, access to high-class residential complexes and comfortable urban environment, a variety of entertainment and cultural events, including exhibitions, sporting events and festivals.

All these advantages combine to form a safe environment and maintain a comfortably high standard of living for entrepreneurs and their families.

The process of obtaining a UAE business residence permit consists of the following steps.

  1. Selecting a free economic zone or registering a business on the mainland.
  2. Registration of a business license and opening a bank account.
  3. Investing funds in the business (minimum amounts depend on the selected program).
  4. Applying for a Golden Visa through the relevant government agencies.
  5. Passing the verification and approval of the residence permit (takes from several weeks to 3 months).
  6. Issuance of a resident ID card and the ability to sponsor a family.

As of 2021, the UAE has introduced changes to legislation allowing foreign investors to obtain citizenship upon invitation from the government. However, the process remains exclusive and is only available to selected businessmen and investors who have made a significant contribution to the country's economy.

The UAE offers unique conditions for business immigration: zero taxes on income, long-term visas, free economic zones, and a high standard of living. In 2025, the Emirates will remain one of the best countries for entrepreneurs wishing to develop businesses and provide a comfortable life for themselves and their families. 

Spain

Spain remains one of the most attractive destinations for entrepreneurs wishing to obtain a residence permit in Europe through business. The country has several programs that allow you to open a business and obtain legal status for residence.

Spanish residence permit for the self-employed (Autónomo)

This option is suitable for sole proprietors, freelancers, and small business owners. The basic requirements include:

  • Registration as self-employed (Autónomo).
  • Preparation of a detailed business plan demonstrating the economic feasibility of the project.
  • Proof of financial stability (usually 10,000-20,000 euros in an account is sufficient).
  • Compliance with professional requirements for the declared activity.

There is no official minimum investment, but it is important to prove that the business will be viable and will benefit the Spanish economy. After obtaining a residence permit, the entrepreneur must pay taxes and social contributions, as well as comply with labor laws.

Startup Visa Spain

The program is designed for founders of innovative companies. The simplified process of registration makes it a popular choice among entrepreneurs in the field of technology and the digital economy. Basic conditions:

  • The business must be innovative and have growth potential.
  • Approval of the business project by a special commission under the Spanish Ministry of Economy.
  • Confirmation of sufficient financial resources to implement the project.

Startups that have received approval can count on tax incentives and state support. Startup visa holders can also bring their family with them, who will be entitled to live and work in Spain.

Investor Visa (Golden Visa) Spain - program cancellation

The previously popular Golden Visa program, which grants a residence permit in Spain for investments of 500,000 euros or more in real estate, will be canceled as of April 2025. The last day for applications - April 3, 2025. After this date, new applications will not be accepted, but already-issued visas will remain valid until the end of their term.

Investors interested in obtaining a residence permit may consider alternative options such as setting up a business or participating in innovative start-ups.

The process of obtaining a residence permit for business in Spain takes on average from 1 to 3 months, depending on the selected program and completeness of the submitted documents. Autonomous entrepreneurs go through the procedure through local authorities, while startups can take advantage of accelerated reviews of applications.

Also, a positive decision on the Spanish residence permit will open the way to citizenship in this country. Conditions for obtaining Spanish citizenship:

  • The standard term of naturalization is 10 years of residence with a valid residence permit.
  • For citizens of Latin America, the Philippines, Andorra and some other countries - 2 years.
  • Passing the exam for knowledge of the Spanish language and the basics of culture (DELE A2 and CCSE).
  • Obligatory proof of integration into Spanish society (e.g. employment, participation in social life).

Taxation and business environment

Spain offers a competitive tax system for business. Corporate tax ranges from 15% for new companies and 25% for established businesses. Individual entrepreneurs (Autónomos) pay income tax from 19% to 47% depending on profits. There is also the possibility of using tax incentives and subsidies for startups and innovative projects.

Spain also provides access to European grants and investment funds, making it attractive to entrepreneurs planning international expansion.

Key advantages of doing business in Spain:

  • access to the EU market and favorable business environment;
  • relatively low operating costs compared to other Western European countries;
  • high quality of life, mild climate, and developed infrastructure;
  • the possibility to move a family with the right to live, work, and study in Spain;
  • a developed network of business incubators and gas pedals supporting innovative companies.

Georgia

Georgia remains one of the most accessible and easy destinations for entrepreneurs wishing to obtain a residence permit (TPL) through doing business. Thanks to favorable conditions, low taxes, and easy registration, the country attracts foreign investors and small entrepreneurs.

Opening a company in Georgia is quite easy and takes only 1-2 days. The main forms of business include:

  • Individual Entrepreneur (IE). Optimal for freelancers and small businesses.
  • Limited Liability Company (LLC). The most popular option for medium-sized businesses.
  • Branches of foreign companies. Allows international companies to expand their operations in Georgia.

The registration process requires a minimal set of documents and can be completed remotely if a representative is present. Registration is possible both normally and through special state online services, which significantly speeds up the process.

Taxation and business benefits

Georgia offers some of the most favorable tax conditions for entrepreneurs:

  • Small Business Regime - taxation is 1% on annual income up to 500,000 GEL (~180,000 USD), but from 2025 for certain industries the limit is raised to 700,000 GEL, and when it is exceeded the rate increases to 3%.
  • Standard income tax - 15%, no tax is levied only on reinvestment of capital in business development.
  • No VAT for export of services - beneficial for IT companies and freelancers.
  • Virtual Zone program - tax incentives for IT businesses and startups, including exemption from income tax and VAT on exported services.
  • Free Industrial Zones - companies operating in these zones are exempt from taxes when exporting goods, but a 4% rate applies when trading within the country.

You can get a residence permit in Georgia by confirming a stable income, but there is no fixed amount per month. The main ways of obtaining a residence permit:

  • Residence permits for entrepreneurs.

Available upon business registration and proof of economic activity.

  • Investor's residence permit.

Issued when investing from 300,000 GEL (~100,000 dollars) in the economy of the country.

  • Residence permit for highly qualified specialists.

Granted to people working in strategically important sectors of the economy.

  • Long-term residence permit.

Can be issued after several years of successful business in the country.

The timeframe for consideration of a residence permit application is 1-2 months.

Foreign entrepreneurs can obtain Georgian citizenship after 6 years of residence, provided they have a valid residence permit during this period, have a basic command of the Georgian language, have no serious violations of the law, and have evidence of integration into Georgian society (e.g. property, business, family in the country).

Advantages of doing business in Georgia:

  • No currency control.
  • Simple reporting and minimum bureaucracy.
  • Visa-free entry for many countries.
  • Affordable standard of living and relatively low prices.
  • Geographical location.
  • The high degree of security in the region.
  • Ease of doing business.

Georgia is one of the best destinations for entrepreneurs who want to get a residence permit with minimal investment and do business in a favorable tax environment. Easy registration, low taxes, and flexible business conditions make the country especially attractive for small businesses, freelancers, and IT entrepreneurs. 

Turkey

Turkey continues to attract foreign entrepreneurs by offering favorable conditions for doing business and obtaining residence permits (residence permits). The country's strategic location between Europe and Asia, developed infrastructure and flexible investment programs make it attractive for business immigration.

The process of company registration in Turkey takes approximately 1-2 weeks and includes the following stages:

  • Selecting the type of company. Limited Liability Company (Limited Şirket, Ltd. Şti.). A popular form for small and medium-sized businesses; the minimum authorized capital is 10,000 Turkish Liras. Joint Stock Company (Anonim Şirket, A.Ş.). Designed for large businesses; the minimum authorized capital is 50,000 Turkish Liras.
  • Preparation and notarization of constituent documents.
  • Deposit of a part of the authorized capital to a bank account.
  • Registration in the Commercial Register and obtaining a tax number.
  • Opening a corporate bank account.
  • Registration in the Social Security System (SGK).

Turkey allows foreign entrepreneurs to own a 100% stake in a company without the need to involve local partners.

Turkey has the following tax system available to all business participants. Thus, corporate tax is 20% of the company's profit, value-added tax (VAT) is 18%, 8% or 1%, and income tax for individuals is calculated on a progressive scale from 15% to 35%.

Turkey has also concluded double taxation treaties with a number of countries, which helps to reduce the tax burden for international entrepreneurs.

Obtaining a residence permit through doing business

Foreign entrepreneurs can obtain a residence permit in Turkey by registering a company and carrying out active business activities. The basic requirements include:

  • Financial solvency. Proof of sufficient funds to run a business and live in the country is required.
  • Job Creation. A certain number of Turkish citizens must be employed (usually at least 5 employees) depending on the size of the business.
  • Compliance with local laws. Conducting legal and transparent business activities.

A residence permit is usually granted for 1 year with the possibility of extension provided that the business continues to be active and complies with the requirements.

Turkey also offers a citizenship-by-investment program. According to changes effective June 13, 2022, the minimum amount of investment in real estate to obtain citizenship is $400,000. Once the investment conditions are met, the citizenship process takes 3 to 6 months. Turkey allows dual citizenship, allowing the retention of original citizenship.

Foreigners legally residing in Turkey for 5 years can apply for citizenship through naturalization.

Advantages of doing business in Turkey:

  • Strategic location. The country is at the crossroads of Europe and Asia, with access to the markets of the Middle East, Europe, and Central Asia.
  • Developed infrastructure. Modern transportation and communication networks facilitate logistics and business operations.
  • Government support. Various programs of subsidies and benefits for foreign investors are offered.
  • Simple registration procedure. There is an opportunity to quickly launch a business.
  • Available citizenship. Turkey has one of the shortest naturalization periods for entrepreneurs.

Turkey remains one of the attractive destinations for business immigration in 2025, convenient for entrepreneurs wishing to develop their businesses internationally.

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Alternative options for obtaining a residence permit for investment in 2025

In addition to the countries listed above, there are other interesting options:

  • Latvia - business immigration program for start-ups and entrepreneurs.
  • Canada - startup visa with the possibility of obtaining a residence permit.
  • Singapore - visa for innovative entrepreneurs.

Conclusion

In 2025, the most attractive countries for business immigration remain Portugal, UAE, Spain, Georgia and Turkey. Each of them has its own pros. Choosing a country depends on your budget, type of business, and long-term goals. Follow the legislative changes with us to choose the most favorable option for relocation in 2025.

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