Most Popular Golden Visa Countries in the World
Many people are looking for famous golden visa countries that offer a mix of business chances and benefits to their way of life because they want to get a second residency.
These programs, which offer registration and sometimes citizenship in exchange for large donations, have become popular among wealthy people who want to grow their businesses around the world and reach new markets, for example, Portugal RP by investment. Each country that offers a golden visa has its own set of benefits for investors. Today we will look at the best country to obtain a Golden Visa and find out how they differ.
What is Golden Visa Program
With a Golden Visa, people can move to another country with their families by getting a residency by investment pass. Nowadays, many European countries offer Golden Visa programs to visitors who want to live in their country for a certain amount of time and then become residents or citizens.
These programs usually focus on buying property (residential or business), investing in funds, making direct investments, donating to or subscribing to special purpose companies, and other similar ways to spend. The application process begins with the name of the main applicant once you have decided what kind of investment you want to make.
Advantages of Golden Visa
By giving HNWIs and their families more options around the world and the chance to protect themselves against risk and instability. Popular Golden Visa program lets them:
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Business Possibilities. Investors with a golden visa might consider a range of business options. Including founding or funding ventures that could lead to the accumulation of wealth and entrepreneurial success.
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Rights of Residence. In addition to having access to employment and study in certain countries, Golden Visa holders are fully authorized to reside in the country of their host. It's a flexibility that lets individuals pursue a variety of options with their families.
- Travel Without a Visa. Getting a Golden Visa enables you to visa-free travel within the Schengen Area, which is its main benefit. This implies that travel is unrestricted between the 27 member states of the European Union. This applies only to golden visas obtained in Schengen countries
- Benefits for Healthcare. A number of golden visas enable holders to use the healthcare systems of numerous nations. It's giving them and their families access to quality, essential medical care.
Many Golden Visa programs have choices for family members that let you help your closest family. In some countries, grandparents and parents-in-law can also be parent leave recipients.
Portugal Golden Visa Program
The Portugal Golden Residence Permit Program is a five-year residence by investment program for non-EU nationals, allowing them to live, work, and study in Portugal and free circulation in Europe's Schengen Area. The program requires an average of seven days per year stay in Portugal, which can count towards citizenship eligibility after five years.
Applicants can choose from capital transfer options, such as EUR 500,000 for investment fund units, EUR 500,000 for research activities, and EUR 400,000 in low-population-density areas.
UAE Golden Visa Program
The UAE residence visa aims to attract investors, entrepreneurs, and professionals by offering long-term residence for up to ten years. The program is renewable and valid for up to three years, with entrepreneurs needing a minimum project value of USD 136,150. Real estate investors must have a property worth at least USD 550,000. The scheme also includes specialised skills, outstanding students, and humanitarian workers.
The UAE aims to become a global tech hub and grants golden visas to 100,000 top coders worldwide. Benefits include:
- autonomous residence;
- work and education;
- tax exemptions;
- unlimited domestic staff sponsorship;
- residency for spouses and offspring;
- an Esaad privilege card;
- exemplary healthcare and educational systems.
According to Immigrant Invest specialist Zlata Erlach, since its inception in 2019, the program has issued approximately 152,000 Golden Visas.
Spain Golden Visa Program
Spain's Golden Visa program offers investors the opportunity to combine cultural richness with investment opportunities. Eligible investors must commit to 500,000 EUR in real estate or 1,000,000 EUR in Spanish government bonds or invest in Spanish stocks for €2 million or €1 million in Spanish bank deposits. This makes Spain passport best residence by investment programs. More detailed information can be found on the Immigrant Invest website.
Those awarded temporary residence in Spain and Schengen Zone countries can reapply for permanent residency after five years, and citizenship by naturalization after 10 years. Benefits are extended to the parents of the Spanish Golden Visa applicant, and there are no stay requirements under the Golden Visa.
Conclusion
Golden Visa programs are popular among wealthy individuals seeking a second residency and business opportunities. These programs offer registration and citizenship in exchange for large donations, allowing individuals to move to another country with their families.
