There are a number of options where you can establish citizenship in Europe, depending on how much and money you wish to spend for achieving this objective. There are citizenship by investment programs that let you get a second passport easily. The best thing about these programs is that they have no or minimal requirements when it comes to spending time in a country. Some of the top European countries for getting citizenship by investment are:
The citizen in investment program in Cyprus requires you to spend at least 300,000 euros on property. Real estate investments are required by most countries for you to get citizenship and they should be directly held in the name of the applicant. You only need to be present in the country once in two years and are eligible for naturalization after 7 years of residency. You need to be in the country for at least 12 months before you apply for citizenship.
Malta citizenship by investment program requires you to invest 150,000 euros in government bonds, 350,000 euros or more in real estate and donate 650,000 euros to the National Development and Social Fund. You need to spend at least 6 months before applying for citizenship and can apply for naturalization after 12 months. If you are applying with a spouse, you need to donate an additional 25,000 euros. You can get returns on the rest of your investment other than donation.
The minimum investment requirement for Greece is 250,000 euros, which is less than other European countries. The country is just recovering from its national debt crisis after a decade and so real estate prices are mostly under-valued. There is no time-in-country requirement to be met so you don’t have to step foot in Greece to get residency or to move around the Schengen Zone.