Introduction of Golden Visa (golden visa) 2024 + conditions; obtaining residence

Today, one of the safe ways to obtain residence for investment Golden Visa program is This visa is available to all non-EU citizens. With this visa, you both invest and receive permanent residence in the guilty country. You can get more information at Golden visa article Read migration magazine.

What is a golden visa?

Golden Visa It is a program and permit to obtain residence in the destination country through investment. This visa allows foreign investors and their families to receive permanent residence have a significant investment and financial participation in the destination country’s economy. Also this visa with the title Residence by Investment (RBI) They also know

The purpose of this program is to encourage investors for foreign investment, which can improve the economy of countries and their local infrastructure. Obtaining a golden visa can be useful both for its holders and for the host country. Holders of this visa can enjoy the same privileges and services as the citizens of the destination country, and the host countries benefit from the influx of foreign capital.

The amount of investment that is made depends on the country you choose and is completely variable, but Golden Visa plans are usually based on Buying real estate , Investment fund subscription and Capital transfer or money donation are Applicants can start the golden visa application process after choosing the destination country and type of investment.

Read more: Austria golden visa 2024 + conditions of obtaining + documents and benefits

Advantages of Golden Visa

The Golden Visa program has an extensive list of benefits offered to non-European investors. Golden visa holders and their families can take advantage of all the various privileges and services in the destination country. Children of golden visa holders can study in quality educational institutions like other citizens. Golden Visa benefits include:

• Visa-free travel to Schengen destinations
• Opening an account in European countries
• Obtaining permanent residence
• Residence rights
• Access to services
• Investment opportunities
• A path to obtain citizenship
• Tax advantages
• Fast return on investment
• The possibility of receiving accommodation for family and dependents
• Access to educational systems
• Access to quality medical and health care
• Possibility of capital increase after visa approval
• The possibility of starting your own company and business

Read more: What is the Golden Visa of Hungary 2024? Conditions and documents

Golden visa conditions

The requirements of the Golden Visa program may vary from country to country. Applicants must meet all the requirements of the destination country and be able to maintain their investment during their stay. Some countries may have more conditions, but in general, the golden visa conditions for applicants are as follows:

• Valid and official passport
• The applicant must be over 18 years old.
• Proof of favorable financial status
• Proof of sufficient financial resources for investment
• Acceptance in the eligibility review process
• No criminal record
• Proof of ability to support your family and dependents
• Proof of legality of investment money
• Having valid health insurance
• Providing minimum conditions for residence

Read more: Portugal golden visa 2024 + conditions and cost (residence)

Application process

The Golden Visa application process is quite easy for applicants and does not have complicated conditions. In the first step before the process, applicants should choose the investment program that can meet their needs. Each Golden Visa program may be different and have its own conditions and fees. Before applying, applicants must make sure that the documents are completed and the capital is sufficient. However, some main stages of the Golden Visa program are as follows:

1. Choosing the type of investment
2. Preparation of all necessary documents
3. Completion and delivery of Golden Visa application
4. Make the required investment
5. Entering the qualification review stage
6. Receive request confirmation
7. Get card and residence permit
8. Extension of residence and obtaining citizenship

Read more: Golden Visa Greece 2024 + conditions and cost

Types of investment

Each golden visa program in the countries has different options for investment and participation in the destination country’s economy. The most popular of them are investing in real estate, contributing to the government fund, buying bonds, and participating in investment funds. It should also be noted that some countries do not allow real estate investments. The common investment options of the Golden Visa program are:

• Real estate: Foreign investors should make their investment by purchasing real estate to obtain a residence permit.
• Government bonds: Buying government bonds, which are also known as dead securities, is another investment option.
• Investment funds: This option includes capital transfer investments in national investment or venture capital funds.
• Business investment: Foreign investors can establish and invest in their own businesses and it should create new jobs.
• National development funds: Investing in these funds requires a non-refundable contribution. Also, this option has the lowest amount of investment.
• Art and cultural projects: In exceptional cases, helping and donating funds for the reconstruction of art and cultural projects is one of the investment options.
• Startup and innovation: This option is a separate path for businesses and requires innovation and significant potential for continuous growth and job creation.
• Bank deposit: Making bank deposits in a national or local bank is an investment option.

Golden visa countries

The Golden Visa program is available in a variety of international destinations. This program is offered in the countries of the European Union, North America, the Middle East, Oceania and the Caribbean. The countries that give you the opportunity to obtain residency through investment are listed in full in the table below.