Those who often apply for a Golden Visa can use it as a second passport, or at the very least as proof of residency in the hosting country, for themselves and their family. These visas have been popular among the Indian investors during the last few years. You may be asking what a Golden Visa is and who is eligible to apply for one. This page will guide you to these inquiries.
What is a Golden Visa?
An immigration scheme known as a "Golden Visa" enables affluent people to get a residence permit or even citizenship in another nation by making a significant contribution or an investment. Different Golden visa countries have various investment plans. If you pay the required investment and apply for a Golden Visa, you and your family can migrate there lawfully. There, you are capable of living, receiving an education, and accessing medical treatment.
The majority of interested investors use specialists to assist them in the procedure when you take into account the amount of money needed for this process. You could find it challenging to apply for a Golden visa without the proper assistance. Vazir Group is pleased to assist you with your application and to respond to any queries about it. To anybody applying for the programme, our skilled immigration and investment consultants can offer quick assistance at a low cost. can even assign you a lawyer to assist you with the immigration and investment processes.
Let’s have a glance at the benefits of Golden visa for foreign entrepreneurs
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You can freely travel to the desired country
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You’ll have residency permit in the desired nation
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Your benefits are applicable to you family members
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This can lead you to have citizenship
Requirements for Golden visa
The particular criteria may vary depending on whatever Golden Visa you apply for, however there are certain common needs
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To invest, you must have your own funds available.
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You must keep up the investment for at least the bare minimum of time.
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You must demonstrate that you obtained the money legitimately.
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You have a spotless criminal history.
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Even if you don't plan to reside there, you still need to have enough money to support yourself and any family members who are travelling with you.
The Golden visa offers a wide range of options in the EU & non EU nations. If you have a passport from one of the EU, EEA, or Swiss members, you are instantly allowed to visit any of the other 26 member states. The advantage is that it emphasises long-term living, working, conducting business, and learning rather than just tourism. Because of this, European nations that provide Golden Visas are quite popular., here is a quick check of the minimum fund requirements of the top Golden visa countries in Globally
Portugal
Portugal is the top-ranked nation on this list of Golden visa countries. It is based on both how simple it is to invest and how many privileges the country will offer the investor in return. You may invest in any type of property, transfer money to the nation, create jobs there, support the local culture, or put money into the research and technology industry. You are given the chance to work and live in Portugal in exchange. Over time, obtaining European citizenship also gets simpler. The process for obtaining a golden visa from Portugal is straightforward, which is its finest feature. The country also offers an affordable standard of living.
UAE
Although the UAE allows investors to get permanent status, they cannot claim citizenship. Under the Dubai Golden Visa scheme, the nation in the Middle East offers residence opportunities for 5 and 10 years. A 5-year and a 10-year residence programme are available under the UAE Golden Visa programme. One must spend a minimum of AED 5 million in a UAE property to be eligible for the 5-year residence programme. While the 10-year residency programme will only accept applicants who have excellent abilities or have invested at least AED 10 million in public initiatives.
Malta
One of the most well-known EU programmes is Malta's Golden Visa scheme, which provides the shortest road to citizenship in the Union. Under its Golden Visa programme, Malta offers citizenship and residence to foreigners who engage. You can select one of the following approaches to submit an application for a Maltese Golden Visa, depending on your financial position and areas of interest. You must decide between full citizenship after one year, which costs around €750,000, and citizenship after three years, which costs approximately €600,000. Depending on how much money you have available to spend, you can choose one. Full EU citizenship and a potent passport that ranks eighth in the world come with Maltese citizenship for you and your family.
Canada
Canada is one of the leading world economies with its rich reservoirs of natural resources. Its multiculturalism promotes a society aiming for overall well-being. Quebec and Montreal are french speaking cities. Rich in commercial industries like seafood and fishing, Canada also tops when it comes to the digital software entertainment industry. Having the USA as its neighbour and its peaceful ties with the US puts Canada in a favourable position in world map and world politics. Few investment programmes that will help you to be a part of the country by investment are New Brunswick Immigrant Investor program ($750,000), Federal Immigrant investor program (closed), Quebec immigrant investor program ($1,200,000). The minimum investment for an investor visa in Canada is CAD$ 750000. Few investment options that qualify for obtaining such a visa are farming, business on commercial or industrial scale, legal and professional businesses in Canada. The residency period is three years before getting permanent residency. It's great that Canada allows dual citizenship and you can get Canadian citizenship just after one year of holding PR.
How can the Vazir Group help in your journey towards choosing the Golden Visa countries suited for you
The Golden visa continues to be one of the most versatile and effective solutions available, allowing flexibility to live, work, study, and do business in nations with robust economies. Additionally, we hinted at the top four nations for a golden visa to make your job easier. The nations on the list for Golden visas vary depending on factors including tax benefits, processing times, mobility, safety, citizenship, and possibilities. We are a team of diligent professionals who would do the entire process of applying for the golden visa to obtain it. We look after our clients as each unique from the other and carve out the programme best suited for them.
You'll be shocked to learn that the top nations for Golden visas also include the UK, Singapore and Switzerland. Why take the hassle of learning this? Here is Vazir for you!
