5 Leading Golden Visa Programs For Wealthy Investors

Feb 26, 2024

Last Updated on: Mar 19, 2024

Travel Guides

For movement to selected countries without any problems and to stay there for a certain period, it is necessary to have a particular authorization document. These are so-called visas, which are ordinary and VIP. The latter are good because they have great power and give the holders a huge range of privileges. The Golden Visa for wealthy investors is one of them. It can be issued in the EU by anyone who wants to, but the main requirement is that you do not have European citizenship. It is necessary to familiarize yourself with all the conditions and peculiarities in detail to avoid problems later in the procedure.

Golden Visa Programs Overview

First, it should be noted that they represent the issuance of a residence permit with subsequent granting of permanent residence status to the country’s migration program participant on improved conditions. The holder is entitled to many advantages and privileges that his family members can use later. The status can be obtained with the help of the following:

  • acquisition of immovable property;
  • buying back government bonds;
  • opening a deposit account;
  • registering your own business;
  • other contributions to development funds.

You should understand that the Golden Visa programs is a kind of pass that gives the right to obtain a residence permit in a particular country. Such a card can be obtained if you buy a house in the chosen location, make a large investment, or donate a significant amount of money. It also allows access to education in top European universities. Moreover, it is allowed to move freely around Europe. Furthermore, it is an opportunity to live legally in a civilized society with a high standard of living.

The document is issued in several countries, which we will discuss in detail below. Each state has developed its requirements for programs to get the status. It is necessary to familiarize yourself with them more closely, especially if you are planning to move soon, being an investor, and fulfill the critical condition for issuing the card.

Malta

Leading Golden Visa Programs for Malta

Malta is one of the countries with Golden visas. It is famous for its unrivaled beaches, warm climate, and hospitable locals. It is a top-rated tourist destination and a good choice for those who wish to change their residency. The program looks very attractive for those obtaining a residence permit to contribute to the state’s economy. There are several ways – to invest in some property or contribute to the country’s budget.

This country is a member of the European Union and Schengen zone and unites in itself:

Under the respective program, the decision on the application for a residence permit is often made in a short period – within 4 to 6 months. Once approved, the person is granted the requested one for 5 years with the possibility of an extension. It is worth emphasizing that this can be a pathway to citizenship for the principal applicant and his immediate family as long as all requirements are met.

Cyprus

It is the so-called “Pearl of the Mediterranean”. It pleases with its hospitable residents, Adelaide weather, clean, attractive beaches, and stunning scenery. According to the Immigrant Invest Vladlena Baranova expert, candidates with dependent family members can travel to different European corners, live, work, and study wherever they want. Moreover, permanent residence in a given country is not a prerequisite.

Greece

Greece

Greece stands out among other EU Golden visa programs. After receiving the card, living anywhere in the country to come on holiday whenever you want becomes realistic. First, it is worth understanding that this is a tourist country, so you can get income from investments by renting out the bought flat or house. Moreover, you can choose, buy an object, draw up documents, and submit them remotely.

Spain

By participating in this program and getting what you want, you can move to the country with your relatives. There is a high quality of life in Spain, a low crime rate, and a good attitude toward foreigners. It is also possible to realize visa-free trips to Schengen countries. In this case, there is no need to obtain a work permit. You can open branches and set up a new company without fears and risks.

Italy

Italy

To participate in this program, you must invest the required amount, i.e., 250 thousand euros. It must be invested in strategic economic sectors, e.g., government bonds and charity funds.

Read Also: Which Is The Best Time To Visit Auli? – Travel Guide

Temporarily Unavailable Programs

It became known that the Prime Minister of Portugal announced the end of his country’s program. Portugal has indeed decided to eliminate the possibility of obtaining a residence permit through a financial contribution to real estate. However, he still allows foreigners to get it on condition of investing 500,000 euros in local companies or funds not related to real estate. We recommend that you seek help from specialists to avoid problems and misunderstandings while resolving issues.

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All You Need To Know About Korean Currency Rate And Money

BY Abdul Aziz MondalMay 19, 2023

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10 Best Hotels In Sanibel Island – Tour And Travel Guide

BY Mashum MollahMay 12, 2022

Do you want to make love to the sand and the waves this summer? Well, you can go for a short beach trip anytime. But, when it comes to one of the best beach destinations in America, you can always count the Sanibel Island. This place is adjacent to Florida in the US and turns vibrant during the summer. In this article, you can check out some outstanding resorts and hotels in Sanibel Island. All the hotels in the following list are destinations themselves. So, you can plan for a few days’ stay in any of these places and enjoy quality time with your near ones. For now, you can check out the list of hotels and choose one according to your budget. Best Hotels In Sanibel Islands Where You Can Stay In 2022 It was tough to create a 2022 checklist for the best hotels in Sanibel Island, but I have still made a list. You can check out the ailments and features here. So, it will be easier for you to select the one you can stay in. 1. 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5 Secrets on How to Travel Light – Travel Hacks

BY Abdul Aziz MondalMay 17, 2021

Aside from the hassle of flying, jet lags, and carrying luggage around the airport and to your accommodation is a challenge– add up the worries about how you can look fashionable. When we say travel light, it does not mean you have to sacrifice your style and comfort during your trip. However, we want to encourage you to rethink and organize your luggage for traveling light. It is not impossible to travel light and maintain the fashion or style along with the essentials you want during your travel. Packing is an all-time complicated issue. But now it is becoming much more simple and easy to organize your necessary items. Whether you are looking for ways to travel with a hand-carry bag, or you simply want to cut down your budget trip, then check out these five secrets on how to travel light. 5 Secrets Tips On How to Travel Light – Travel Hacks: If you do not have the knowledge of how to pack. You have to focus on ultra-light travel trailers to travel Light. 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Secret 2: Stick to the Packing List One of the common mistakes why travelers pack too much– especially those who are first-timers, is because they did not use a packing list. A packing list will help you pack only the necessary things for the travel. Try packing all the things you like without the guide of the packing list. When you are done, get the list and take out those unnecessary ones that are not on the list. You realized you still have a lot of space, right? That’s why only take those you need for the trip. Do not bring too many clothes that you won’t wear. Not sure which are items are essential? Check some packing lists on the web. You might find a packing list that suits your travel destination! Secret 3: Pack Lightweight Clothes Remind yourself that you are not only packing clothes for your travel. You also have to pack some toiletries, electronics, and shoes. Thus, you need to pack lightweight clothes. Choose to pack clothes that are made from lighter fabrics. Wool or heavyweight fleece jackets are bulky and heavy.  Although these garments can keep you warm, some fabrics are lightweight but can still offer warmth. When it comes to shoes, bring a comfortable pair, flexible in style and not bulky, you can also pack one pair of shoe inserts if needed. But do not bring more than two pairs of shoes, be realistic enough. Bring another pair if you have a special occasion to attend during your travel. If you have a formal event to attend during your travel, bring one classy yet flexible outfit. Flexible outfits are those you can still wear for another evening but pair with a different outfit. Do not bring a bulky dress or full suit and jacket outfit. It will take up a lot of space in your luggage. Although we mentioned toiletries, you can pack none, depending on your accommodation. If you booked a hotel, it is expected that they will offer free toiletries. However, if you book at Airbnb or other rental places, ask the host first whether they have toiletries available. If not, bring the lightest options. Secret 4: Wear the Largest Wearable Item If you plan to bring large items like shoes, hoodies, or sweatpants– wear them. Exercise clothes have become fashionable recently, and if you are going on a long-haul journey, it is best to wear these large yet comfortable items. Most large items are shoes. Minimize packing more than two pairs of shoes on any trip. Women can go with comfortable sneakers, which are comfortable to walk around, and heels or sandals for formal wears. The same with men, it is best to pack sneakers and loafers only. Secret 5: Do Not Pack a Week’s Worth. Laundry Clothes You might be traveling for a business trip, or you want to spend more than a week at your travel destination, but even so, it is not reasonable to pack more than a week’s worth. If you will, you would pay a hefty amount for additional baggage. 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