News Analysis: Real Estate Visas for Southern European Properties Increase in Popularity. Greece, Malta, Portugal, and Spain are currently the leaders in this ‘Real Estate Investment For A Visa’ Plan. The Idea promotes Inflows of Currency into a Country while giving Purchasers possible future Permanent Residency Status. Additional income to a Country derives from Property Taxes which the Visa Seeker must pay annually.
A Visa Seeker must employ Due Diligence in reviewing Countries of Interest beyond the Visa Plan and also into their Real Estate Laws and the like.
Let The Buyer Beware.
Reference: http://www.financialmirror.com/news-details.php?nid=31531