THIS country offers worlds most expensive Golden Visa, costing enough to buy 121 BMW cars, name of the nation is...
THIS country offers world’s most expensive Golden Visa, costing enough to buy 121 BMW cars, name of the nation is…
A Golden Visa program is a legal pathway that allows eligible individuals residency rights in a country in exchange for specific financial investments.
New Delhi: A Golden Visa program is a legal pathway that allows eligible individuals residency rights in a country in exchange for specific financial investments. Unlike citizenship-by-investment programs, which offer full citizenship benefits, Golden Visas provide legal residency status. This allows high-net-worth individuals to live, work, study, and access healthcare services in their chosen country.
There are several countries in the world that issue ‘Golden Visas’ to wealthy individuals.
Even if you were not born in that country, you can still become a citizen—provided you have a substantial amount of money. This system benefits both parties: on one hand, the country receives funds for various development projects, while on the other hand, the visa holder gains access to the services and privileges available to the country’s citizens.
Here are some of the key features of the Golden Visa:
There are several countries in the world that issue ‘Golden Visas’ to wealthy individuals.
This system benefits both parties: on one hand, the country receives funds for various development projects, while on the other hand, the visa holder gains access to the services and privileges available to the country’s citizens.
The key highlight is that Golden Visa holders do not even need to reside in the country that grants them the visa to enjoy these benefits.
This visa is typically issued to investors, meaning that if you invest a minimum required amount in a country, you can obtain a Golden Visa.
Malta:
Malta’s Golden Visa costs USD 6.2 million, which is equivalent to Rs 54 crore.
Notably, this amount is so large that it could buy 121 BMW cars in India, as the price of a BMW car starts at Rs 44.40 lakh.
This visa provides visa-free or visa-on-arrival travel to 190 destinations.
Malta’s Golden Visa grants access to European Union countries, world-class international schools and universities, as well as full citizenship.
Italy
Italy’s Golden Visa is granted for an investment ranging from €250,000 to €2 million (approximately Rs 2.34 crore).
This visa provides the right to live, work, and study in Italy, along with visa-free travel within the Schengen Area of Europe.
United Arab Emirates (UAE)
The UAE issues a Golden Visa with a minimum investment of 2 million AED (approximately Rs 4.75 crore).
The visa holder gets the right to reside in any of the seven emirates of the UAE.
Additionally, they have the opportunity to include their life partner or unmarried children of any age in the visa program at no extra cost.
Greece:
Greece is a European country that grants citizenship to wealthy individuals through a minimum special real estate investment of €250,000 (approximately ₹2.34 crore).
This visa allows visa-free travel within Europe’s Schengen area.
To avail of this facility, you are not required to reside in Greece. This Golden Visa also allows the visa holder to apply for citizenship after seven years of residency.
Cyprus
Cyprus offers one of the cheapest ways to gain access to visa-free travel in Europe by providing a Golden Visa for individuals who make a minimum investment of €300,000 (2.82 crore INR).
This visa grants the right to reside and study in Cyprus, but visa holders are not required to live in the country. However, they must visit at least once every two years.
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