Golden Visas provide entry to some of the most sought-after nations in the world for citizenship and residency. There is a Golden Visa program to fit your demands, whether you want to visit the business-friendly UAE or the charming Mediterranean country of Greece.
Do you envision a life full of opportunity for business travel, greater quality of living, and foreign travel? Think about obtaining a Golden Visa. These unique residency initiatives provide a route to naturalization and a more promising future. Let’s investigate the top 5 Golden Visas that are in demand right now globally.
A Golden Visa: What Is It?
Many nations grant residency or citizenship to foreign nationals who meet certain investment requirements, usually in the form of government bonds, real estate, or enterprises. This scheme is known as the “Golden Visa.” These programs offer long-term residency or citizenship privileges, which frequently include international travel without a visa.
Top 5 Golden Visas in High Demand for 2024:
Hungary, Greece, Italy, the United Arab Emirates, and Antigua and Barbuda have some of the most sought-after Golden Visa programs, according to a survey conducted by Arton Capital. Let’s examine the specifics of these top five golden visas and the reasons behind the high level of interest.
The Golden Visa Program for Hungary:
Since its introduction in 2013, the Hungary Golden Visa Program has grown to become one of the most well-liked residency-by-investment choices in Europe. For those seeking a secure investment environment, Hungary is highly desirable as it permits international investors to get residency through real estate investments.
- Investment Minimum: €250,000 or More
- Economic Contribution: From 2013 to 2017, the program brought €1.4 billion into the Hungarian economy.
Why Opt for Hungary?
Stable Economy: The expanding economy of Hungary offers great investment prospects.
EU Access: Being a resident of Hungary gives one access to the Schengen Area, making travel throughout Europe simple.
Economical Investment: Hungary has a lower Golden Visa entry point than other EU nations.
Golden Visa Program for Greece:
One of the most popular and reasonably priced residency-by-investment programs in the European Union is the Greece Golden Visa Program. In an effort to alleviate the housing scarcity, the government has increased the minimum investment amount in response to a recent spike in demand.
- €800,000 is the new investment requirement in some places.
- Benefits of Residency: Provides foreign nationals who invest €250,000 in Greek start-ups with a five-year residency visa.
Why Opt for Greece?
Greece occupies a strategic location as a bridge connecting Europe, Asia, and Africa.
Economical Choice: Despite the latest modifications, Greece’s Golden Visa continues to be among the most reasonably priced options in Europe.
Greece’s lifestyle appeals to those seeking a Mediterranean way of life, breathtaking scenery, and a rich cultural legacy.
See Also: Why Are Numerous Nations Terminating Their Golden Visa Initiatives? Motives and Effects
The Golden Visa Program for Italy:
Foreign nationals can get residency in Italy through the Italy Golden Visa Program, also called the Investor Visa for Italy, by making sizable investments in the nation. Due to the flexibility of Italy’s alternatives, investors can select from a wide range of industries, including corporate bonds, government bonds, and start-ups.
Investment Possibilities:
- Two million euros worth of government bonds
- €500,000 worth of shares or corporate bonds
- €250,000 for creative new ventures
Why Did You Select Italy?
Flexible Investment Options: To accommodate a wide range of investor interests, Italy provides a number of investment avenues.
Cultural Hub: Italy is a popular travel destination for those looking for a high-quality lifestyle because of its rich history, art, and gastronomy.
Benefits of EU Residency: Italian residency gives one access to the Schengen Zone, which permits unrestricted travel between 26 European nations.
The Golden Visa Program for United Arab Emirates:
The goal of the UAE Golden Visa Program is to draw in well-off people and accomplished workers. This visa offers long-term residency alternatives, usually for five or ten years, and permits foreigners to live, work, and study in the UAE without the need for a national sponsor.
- Investment Requirement: Starting a business or investing in real estate in the United Arab Emirates.
- Benefits of Residency: Permanent residency and the opportunity to sponsor family members.
Why Opt for UAE?
Tax-Free Environment: The United Arab Emirates is a shelter for investors and business owners due to its well-known tax-friendly regulations.
World-Class Infrastructure: The United Arab Emirates has first-rate educational institutions, first-rate healthcare, and modern facilities.
Strategic Business Hub: The United Arab Emirates (UAE) offers access to markets in the Middle East, Africa, and Asia as a global business hub.
Must Read: 27 Countries With Golden Visa Programs That Allow Foreigners To Purchase Citizenship
The advantages of having a golden visa:
Access to new markets and a plethora of global business, career, educational, healthcare, tax, and lifestyle options are made possible for investors and their families with a golden visa, benefiting both current and future generations. Many golden visa programs, like the Portugal Golden Residence Permit Program, which gives citizenship eligibility after five years, allow the successful applicant to seek for citizenship after a few years of residence. After seven years under the Greece Golden Visa Program and ten years under the Italy Residence by Investment Program, investors may seek for citizenship.
Golden visas give HNWIs and their families more options globally and the chance to protect themselves from future risk and volatility. These options include the following:
- Find a different safe haven.
- enhance and increase their prospects for business and lifestyle
- Savor a superior standard of living and have access to first-rate facilities.
- Get access to top-notch medical care at prestigious facilities.
- Attend top-notch educational facilities
Countries with golden visas:
Today, laws pertaining to golden visas are in effect in more than 100 nations on five continents. The UK and the US have some of the longest-running golden visa systems in the world, with over 60% of EU members having operational and active programs. Portugal, Spain, Greece, Malta, Australia, Canada, Italy, and the United Kingdom are some well-liked nations that grant golden visas. See the whole list of Henley & Partners’ recommended over 40 golden visa programs.
top-tier programs for golden visas:
The industry leader in citizenship and residency through investment is Henley & Partners. We facilitate the acquisition of golden visas (resident programs) in Europe, North America, Asia and the Pacific, and Africa. We specialize in both residence and citizenship by investment.
Our clients and their families can investigate the distinct advantages of the 30 golden visa programs listed below and choose their favored path to a different place of residence according on their individual needs and goals:
The Golden Visa Program for Antigua and Barbuda:
The Antigua and Barbuda Golden Visa Program is one of the most well-liked initiatives in the Caribbean since it grants international investors fast-track citizenship. Getting citizenship allows one to enter more than 140 countries without a visa in a few of months.
- Contribution to the National Development Fund (NDF) of at least $100,000
- Investment in real estate beginning at $400,000.
Why Select Barbuda and Antigua?
Travel Without a Visa: Citizens of Antigua and Barbuda are able to enter more than 140 countries without a visa or with one upon arrival.
Fast Process: It takes as little as three to six months to become a citizen.
Tropical Paradise: Antigua and Barbuda are the perfect destination for anyone looking for a laid-back lifestyle because of its stunning beaches and tropical environment.
Conditions to obtain a Golden Visa:
The parameters of each program will determine the available investment possibilities; nonetheless, the most common choice among investors is real estate. Because of its long-term stability, international real estate has traditionally been a dependable asset class for investors from throughout the world.
Therefore, the acquisition or rental of real estate is a major factor and a prerequisite for residency by investment programs; prominent EU locations include Malta, Cyprus, and Greece. In addition to the well-established advantages of investing in foreign real estate, real estate-linked golden visa schemes also improve one’s possibilities for retirement or relocation, or both.
The fundamental worth of the asset, rental returns, and worldwide access as the best defense against political and market volatility are among the possible benefits of this type of hybrid investment over time.
Additional investment prerequisites for these programs include government bonds; yearly tax payments, as in the case of the Switzerland program; language proficiency, as in the case of the Austria program; company equity and business establishment, as in the case of Portugal and Spain; and a point-based exam, as in the case of the Hong Kong golden visa program.
The majority of golden visa programs also have a residency requirement, which means that in order to keep their residence status, new residents must stay in the nation for a predetermined period of time.
Applying for a Golden Visa:
A knowledgeable member of our client advisory team will meticulously evaluate your unique needs and preferences before assisting you in choosing the golden visa program that best suits them. There is no cost for this initial consultation.
In summary:
Golden Visa programs present a special chance for investors to diversify their assets and obtain citizenship or permanent residence. Every nation has advantages, such as Hungary’s inexpensive entrance and Italy’s adaptable policies.
These top five Golden Visa programs are worth examining for long-term investment and international mobility, regardless of whether you’re looking for citizenship in the Caribbean or residence in Europe.
