10 nations that provide Golden Visas that you should be aware of

Have you been considering applying for a golden visa? However, many people are unaware of its significance. A golden visa can therefore grant citizenship via investment and permanent residence for those who aren’t. This might take the form of real estate, a donation, or any other type of financial contribution that the nation requires. In reality, plenty of programmes are available to your family members as well! So, if you were considering applying for a golden visa, here is a list of nations that do so.

1. Austria

One of the most costly European golden visa regimes is that offered by Austria. After making investments totaling $10 million in corporate investments and €3 million into a government fund, applicants are eligible to get this visa. There is a condition, though: if someone is investing in the company, it must also generate economic growth and job prospects for Austrians.

Despite the fact that this visa is fairly costly, it offers a number of advantages. One of them is that the remainder of the Schengen region may be entered without a visa! One must abandon their original citizenship in order to gain this one because Austria does not permit dual citizenship. Make careful to understand all about this before deciding to apply because the application procedure for Austrian citizenship takes roughly 36 months.

2.Antigua And Barbuda

Here, it can take three to four months for the application to be processed for a second passport. And the nicest thing about having a second passport for Antigua and Barbuda is that 150 nations, including the UK, don’t require visas for entry. Therefore, anyone seeking a golden visa in this country must be prepared to contribute anything from US$100,000 to US$1.5 million. Additionally, these investments don’t have to be done just by an individual; they can also be made jointly. The advantage of this golden visa is that if a person is over the age of 58, their parents may accompany them. Additionally, it includes wives and children!

3. Canada

The Quebec Immigrant Investor Programme in Canada grants candidates who satisfy all conditions and contribute the required C$1.2 million to a government bond fund permanent residence. It is important to note that anyone who wants to become a Canadian citizen with this residency visa must dwell there for three years. They must also spend at least 183 days annually during the term in Canada.

4. Malta

One of the most reasonably priced residence by investment initiatives is offered by Malta. The Malta Permanent Residence Programme gives candidates the option to buy or rent real estate as part of their required investment. Not to mention that this visa allows for the reunion of up to four generations of family members! If you make the required investment of between €50,000 and €3,50,000 and stay in the nation for five years while fulfilling specific conditions, permanent residency can also become European citizenship.

5. St. Kitts And Nevis

If the applicant satisfies all the conditions, St. Kitts and Nevis will issue a passport right away after receiving the investment. This country’s golden visa scheme is reasonably priced and provides visa-free entry to 160 countries. A minimum investment of $150,000 and a maximum of $200,000 must be made. It’s important to keep in mind that the application price is $4000 for each family member, including parents who are over 55.

6. Singapore

One of the strongest passports allowing visa-free travel is held by Singapore. The programme, known as the Singapore Global Investor Programme, enables visitors to live there and eventually become citizens. A single-family office, an authorised fund, or an investment of SGD2.5 million must be made in the nation. Yes, and following this, each year after the investment, the revenue must be at least SGD50 million, and after two years of residing in the nation, one may apply for citizenship and acquire a passport. One must keep in mind, nevertheless, that Singapore prohibits dual citizenship.

7. Switzerland

There are two programmes in Switzerland that need an investment in order to receive a golden visa. One of these demands that the applicant pay an annual lump sum tax of somewhere between CHF 2,000 and CHF 6,000. While the second programme demands a CHF 1 million investment to launch a new company or add to one that already exists in the nation. Furthermore, one must remain in the nation for ten years before being eligible for the status of permanent resident.

8. Germany

In order to obtain a golden visa in Germany, one must first apply for a self-employed visa. After doing this, individuals can use this visa to start a business in Germany. Additionally, it must boost the regional economy and produce jobs for Germans. There is no requirement for an initial investment, but it must be at least €3,60,000 before one may apply for permanent status and stay in the nation for three years. After residing in Germany for eight years, this may change into citizenship.

9. Cayman Islands

The Cayman Islands provide golden visas in exchange for an investment of CI$2.3 million in premium real estate. If a person makes at least CI$1,20,000 year and invests CI$1 million, with at least CI$5,00,000 in developed real estate, they may also be eligible to apply for long-term residency for a period of 25 years. Once a person has lived in the Cayman Islands for five years, they are eligible to petition for British overseas citizenship. They also shouldn’t have been gone from the island for longer than 90 days at a time.

10. Grenada

Grenada provides applicants a golden visa that includes a second passport. They are required to contribute either $1,50,000 to the National Transformation Fund or $2,20,000 in real estate to do this. In addition, processing times might range from three to four months. It’s crucial to keep in mind that only after receiving government approval can investments and real estate be created.

Therefore, before applying for a golden visa in any of these nations, be sure to thoroughly research all of the requirements.