Golden Visa Program

FAQs on Golden Visa Program

• What is the Golden Visa program?

  The Golden Visa program is an immigration program that allows wealthy individuals to obtain a residence permit or citizenship in a country by making a large investment, donation, or by purchasing a property in the said country. 

• What are the eligibility criteria to obtain a Golden Visa?

  To obtain a Golden Visa, you must show that the money you wish to invest is legally acquired and maintained for a minimum period of time as prescribed by the government of the country. You must also demonstrate financial stability, have no criminal background, and fulfil other specific criteria depending on the country. 

• What are the benefits of having a Golden Visa?

  The benefits of having a Golden Visa include access to education, healthcare, and other services in the country where you hold the visa. 

• How can one apply for a Golden Visa?

  You can apply for a Golden Visa by purchasing real estate, investing in a company or innovation, or creating employment opportunities in the country where you wish to obtain the visa. 

• Can a Golden Visa holder become a citizen of the country?

  Whether a Golden Visa holder can become a citizen of the country depends on the specific criteria and requirements set by the government of the said country. Having a Golden Visa can help you obtain a residence permit, but it does not guarantee citizenship. 

• What is the minimum investment required to obtain a Golden Visa?

  The minimum investment required for a Golden Visa varies from country to country and can range from $25,000 to $1 million. 

• What are the requirements for a country to offer a Golden Visa?

  Many countries around the world offer Golden Visas. The specific requirements and benefits of each program vary by country. 

• Can a family member of the investor also obtain a Golden Visa?

  Yes, family members such as a spouse, children, and parents can also obtain a Golden Visa through the investor's application. 

• If I take out a mortgage to buy a house, could I get a Golden Visa?

  No, you cannot apply for a Golden Visa if you used financial aid to buy a residence. All of the money you invest must be yours. However, you might be permitted to use financing to cover the sum of money above the necessary minimum. For instance, if you want to buy a $500,000 property but need a $300,000 Golden Visa, you can pay the $300,000 in full and then get finance for the other $200,000. Similar to this, all investors in a joint investment must provide the minimum required sum. You can't divide it among yourselves. 

• Does Your Golden Visa Require You to Live on the Property?

  No, applicants for Golden Visas often do not need to meet residency requirements. As long as you keep the investment, you can renew the visa permanently (you do not sell the house). Additionally, certain nations, such as Cyprus and Greece, permit you to rent out your home while you are gone.