Verus Europe

Name: Verus Europe
Address: 240 Riverside Boulevard CU2, New City, NY, 10069, US
Telephone: +18573811846

Europe residency information & help, investments in the EU, retirement plan in the EU and lifestyle purchases in the EU.

Real Estate services in Portugal, Italy, Turkey, Greece, Spain, Serbia and Montenegro

06/30/2023

These are the world’s 5 most expensive cities for expats.

Moving abroad is, no doubt, an exciting adventure. However, often it comes with many challenges, including additional expenses. While some cities offer a more affordable cost of living, others are known to be expensive. In its latest report, ECA International ranked 207 cities based on how much money you would have to spend on basic needs. Here are the 5 priciest cities for expats:

1. New York
2. Hong Kong
3. Geneva
4. London
5. Singapore

(Source: ECA International)

06/29/2023

How to get citizenship in one of these four EU countries?

Portugal:
– A non-EU citizen must be a legal resident in Portugal for at least 5 years before they can apply for citizenship.
– You have to spend at least 7 days in Portugal per year.
– You are required to pass a Portuguese language exam (A2 level).

Spain:
– A non-EU citizen must be a legal resident in Spain for at least 10 years before they become eligible to apply for citizenship.
– You have to live in Spain for at least six months per year.

Greece:
– A non-EU citizen must be a legal resident in Greece for at least 7 years before they become eligible to apply for citizenship.
– You have to live in Greece for at least 183 days per year.

Malta (Permanent Residency Programme):
– A non-EU citizen must be a legal resident of Malta for at least 5 years before they become eligible to apply for citizenship.
– You have to live in Malta for at least 183 days per year during the first four years and 365 days in the fifth year.

06/28/2023

These are the 10 hottest Spanish cities for homebuyers.

Whether you are planning to invest in a second home abroad or retire in Europe, Spain got you covered. This country has no specific requirements or limitations for foreigners looking to buy a home. In addition, the Spanish real estate market offers a variety of options for prospective buyers: from historic homes to beachfront mansions. Here are the 10 most sought-after places to buy a home in Spain:

1. Madrid
2. Mostoles
3. Alcalá de Henares
4. Valencia
5. Torrejon de Ardoz
6. Santa Cruz de Tenerife
7. Las Palmas de Gran Canaria
8. Zaragoza
9. Fuenlabrada
10. Seville

(Source: idealista.com)

06/27/2023

Spain is one of Europe's most popular countries for hotel investment.

Spain attracts tourists and investors with its picturesque landscapes, endless beaches, and beautiful architecture. This country raised a whopping €2.654 billion through hotel investment between March 2022 and March 2023, according to Cushman & Wakefield.

This is the third-highest figure in Europe. The United Kingdom ranked No. 1 with €3.687 billion in hotel investment. France climbed to second place after raising €3.303 billion in one year. In 2022, Spain welcomed 71.6 million foreign tourists, up 130% compared to 2021.

(Source: idealista.com)

06/26/2023

Portugal may modify but keep its Golden Visa program.

Portugal will continue to issue Golden Visas but make changes to this program. The country’s Socialist Party, which holds a parliamentary majority, introduced new amendments to the “Mais Habitacao” bill. These adjustments will likely change the number of investment options available to Golden Visa applicants.

Instead of abolishing this program, Portugal plans to remove some of the investment options, including the one where people can buy real estate. Non-EU citizens wishing to obtain Portugal’s Golden Visa can still invest in scientific research, Portuguese arts, national heritage, and culture, as well as in businesses that create at least 5 jobs.

(Source: SchengenVisaInfo.com)

06/23/2023

Barcelona, Madrid, and Malaga are the top 3 real estate markets for Golden Visa applicants.

International homebuyers looking to apply for Spanish Golden Visa choose to invest in real estate in Barcelona, Madrid, and Malaga. In 2022, Spain issued 476 Golden Visas, most to those who invested in real estate located in these three provinces. Non-EU citizens must purchase a property worth at least €500,000 to be eligible for the Golden Visa program.

Since launching the Golden Visa program in 2013, Spain has issued nearly 5,000 residence permits. However, recently the country has decided to change its policy regarding this program. Spain plans to either double the minimum investment required to obtain a Golden Visa or scrap this program.

(Source: idealista.com)

06/22/2023

These are the 5 best co-working spaces in Athens.

Athens is one of the top destinations for remote workers. Digital nomads living in this city have a unique opportunity to build their careers while exploring some of the world’s most iconic landmarks, tasting delicious food, and enjoying picturesque views. The capital of Greece is home to many well-equipped co-working spaces. Here are just a few of them:

1. ViOS
2. Impact Hub
3. Spaces
4. Tzaferi 16
5. Stone Soup

06/21/2023

Portugal’s population is on the rise.

Last year, Portugal gained nearly 50,000 new residents. The new data from the National Institute of Statistics (INE) indicates that Portugal’s population reached 10,467,366 on December 31, 2022. The country’s resident population increased by 46,249 people in just one year.

Portugal’s population has been growing for four years in a row. This increase in the number of residents comes from net migration of 86,889 people, up from 72,040 in 2021. In addition, the average number of children per woman rose from 1.35 in 2021 to 1.43 in 2022.

(Source: SchengenVisaInfo.com)

06/20/2023

Portugal launched a 4-day workweek.

This month, Portugal joined a list of countries that have embraced a four-day workweek. The county launched a six-month pilot program, which includes 46 companies and 20,000 workers. These workers will follow the 100-80-100 model: they will receive 100% pay for working 80% of the time and delivering 100% of the usual output.

Portugal's four-day workweek pilot is funded by the government. Most companies participating in this program are small businesses with up to 10 workers, and only four companies have more than 1,000 employees. In addition to funding, these companies will also receive technical and administrative support from the Portuguese government.

(Source: idealista.com)

06/19/2023

Here are 5 benefits of obtaining dual citizenship with the EU for your children.

The European Union includes 27 countries, and having dual citizenship with one of them can benefit you and your children. There are multiple ways for parents to obtain a second passport for their children, including citizenship by birth or naturalization. Here are some common advantages of getting an EU passport for your children:

1. Ease of travel
2. High quality of life
3. Affordable healthcare
4. Free or low-cost higher education
5. Freedom to live, study, and work anywhere in the EU

06/16/2023

The Sagrada Família is one of the world’s most beloved buildings.

One of the best ways to explore a new destination is to visit some of its iconic buildings. These landmarks carry historic and cultural significance. It is hard to imagine Paris without the Eiffel Tower or London without Big Ben. However, some world-famous buildings receive more positive feedback than others.

In its new study, Buildworld analyzed Twitter posts about 6,000 of the planet's most famous landmarks to find out which buildings received the most love. Osaka Castle in Japan was named the No. 1 most beloved building, followed by Ely Cathedral and Rijksmuseum. Spain’s Sagrada Família rounded up the top 10 list, with nearly 70% of tweets praising its design.

(Source: Buildworld)

06/15/2023

Tipping in the U.S. vs. Europe

Tipping culture varies significantly depending on where you live. In the United States, tipping is very common. Many people use it to express gratuity for various services. The recent data from the polling company, YouGov, shows that 77% of Americans who participated in the survey said they usually tip.

Restaurant tips are more modest in Europe than in the United States. Europeans tip, on average, 5% or 10%. Spanish tippers, French, and Italians are most likely to give a 5% tip. People living in the UK, Germany, Sweden, and Denmark usually tip 10%. The most common tip in the United States is 20%.

(Source: YouGov)

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