A Golden Visa is an investment-based citizenship or residence scheme. It is aimed at rich foreign nationals who wish to get residency in a specific country by investing a significant sum of money or purchasing real estate.
If you apply for a Golden Visa, you and your immediate family (spouse and children) will be granted residency permits that can be renewed indefinitely as long as the investment is maintained.
In most circumstances, being physically present in the nation that issued the Golden Visa is not required. This means that unless you choose to, you are not required to relocate to another country. However, most countries will demand real residency for five to ten years in order to obtain permanent residence or citizenship through investment.
A Golden Visa for an EU country is especially appealing because it permits the holder (and their family members) to travel freely throughout the Schengen Zone. If the Golden Visa leads to EU citizenship, the resulting passport will allow visa-free travel to more than a hundred destinations across the world, depending on the issuing country.
The eligibility requirements for a Golden Visa vary by nation, but in general, you must show that you meet the following criteria:
- That you are the owner of the money set aside for investment.
- That the money was obtained legally, and that you have no criminal background.
- That you and your family will be able to live comfortably for the duration of your stay.
Investing in real estate is the most typical way to obtain a Spanish Golden Visa. You must invest in a property worth at least €500,000.
- You must make one of the following investments to be eligible for a Spain Golden visa:
- Make a real estate investment of at least €500,000.
Invest at least €1 million in Spanish firm shares or bank savings.
- Invest at least €2 million in Spanish government debt.
More on Spain Golden Visa
The EB5 Visa is the equivalent of a Golden Visa in the United States. It allows the holder to live, work, study, or retire in the United States without having to look for job. If you want to receive a US EB-5 visa, you must invest a significant amount of money in the United States, just like other Golden Visa kinds.
There are a variety of circumstances in which a UK Golden Visa is required to conduct business in the United Kingdom. To grasp these processes and how to finish them successfully, youll need a lot of information and experience.