Complete Guide to Golden Visa Programs Worldwide. Those who qualify for a Golden Visa can easily obtain a second passport or, at the very least, residency in another nation by themselves and their family members.
Complete Guide to Golden Visa Programs Worldwide
These forms of visas have grown in popularity in recent years, particularly those granted by European Union countries, in which a passport or residency permit comes with a slew of other perks, such as Schengen freedom of movement and access to the EU free market. Complete Guide to Golden Visa Programs Worldwide.
But what exactly is a Golden Visa, who is eligible to apply for one?
What is Golden Visa?
A Golden Visa is an immigration policy that allows wealthy persons to obtain a residence permit or even citizenship in another country merely by acquiring a home there or making a reasonably big investment or donation.
Investment choices vary by country and range from $250,000 to millions of dollars.
If you make the requisite investment and apply for a Golden Visa, you and your relatives will become legal permanent residents of that country. You will live there, go to school, and also get healthcare.
Given the amount of money at stake, most prospective investors hire experts to guide them through all the processes. Companies such as La Vida have extensive experience with residency-by-investment plans. They will provide you with a free consultation to evaluate whether you are eligible for a Golden Visa. If you employ them, they may arrange for you to visit your investment possibilities in person and even supply you with a lawyer to assist you with the investment and visa process.
Do Golden Visas Result in Citizenship?
However a Golden Visa always includes a residency permit, obtaining a passport is usually a more difficult process. Yes, a Golden Visa can ultimately lead to citizenship, but you must first reside in that nation for a few years.
For example, when you apply for a Spanish Golden Visa, you will be granted a residence permit even though you have no intention of ever living in Spain. However, you cannot petition for citizenship unless you have lived in Spain for ten years and have “ties” to the country, such as language proficiency.
Golden Visa Requirements
Many countries use residency by investment to entice foreign investment, either in real estate or by establishing a firm that employs a certain number of locals.
Foreigners can get permanent residency in the country where they are investing, bring their spouse and kids to live with them, and study and work there through residency-by-investment schemes.
Golden Visa eligibility requirements are:
- You must personally possess the funds in order to invest them.
- Maintain the investment for at least the bare minimum of time.
- You must be able to demonstrate that you obtained the money legitimately.
- Have a clean criminal record.
- You must have the financial resources to support yourself and any family members accompanying you, even if you ever do not intend to live there.
Naturally, there will be additional requirements depending on which Golden Visa you apply for.
How to Apply for a Golden Visa?
When applying for a Golden Visa, you must first purchase the property (real estate) in another nation. This is the most popular route, as it is provided by the majority of Golden Visa countries. Real estate prices range from $200,000 to more than $2 million.
Other investing possibilities include:
- Making a capital investment in the shares/stocks of a corporation.
- Invest funds in the country’s public debt or government bonds.
- Make job opportunities available.
- Contribute to a country’s scientific or technological progress
Please keep in mind that these investment opportunities are not available in every country that provides Golden Visas.
Following your investment, you can apply for a Golden Visa at either your country’s embassy or an appropriate government entity overseas. In any situation, the Embassy should be your initial point of contact.
Because of La Vida’s years of expertise in Golden Visa schemes, they have connections with many banks and lawyers, as well as a firsthand understanding of international investment and immigration rules. As a result, you will be assigned a lawyer in another country who will assist you with the investment and manage the visa application on your and your family’s behalf. This guarantees that the procedure is as efficient and streamlined as feasible.
List of Countries that Offer Golden Visas
The following countries have a Golden Visa programme:
- United Arab Emirates
- United States of America
- Cayman Islands
- United Kingdom
- Antigua and Barbuda
- New Zealand
- St. Kitts and Nevis
- St. Lucia
Contact the consultants at La Vida – Golden Visas to find out which Golden Visa program you are eligible for. They specialise in international real estate investment and can assist you in selecting the best Golden Visa programme for you and your family, taking into account your budget and the goals you aim to achieve via your investment. La Vida assists with 18 Golden Visa programmes around the world.