Many countries offer the golden visa program to willing investors. There is a vested interest of these countries as the golden visa program brings in huge investments for them. In return for this investment, they offer residency privileges to the investor and their family. This deal often varies in the benefit that it provides to the investor against the investment that they have made.
And it is natural to weigh the benefits that you receive in return for the investments that you make. We understand that. And to make your job easier, we are here today to talk about the top five countries you should know about if you are planning on applying for a golden visa. These top countries are as follows.
The country that sits at the top of this list is Portugal. This distinction is awarded not only on the ease of investment but also on the number of benefits that the investor will receive in return from the country. You can invest in any property, transfer capital to the country, invest in job creation within the country, support the culture of the place, or invest in the science and technology sector.
And in return, you get the opportunity to live and work in Portugal. And in the long term, getting European citizenship also becomes easy. The best part of a golden visa from Portugal is that the steps for the visa are easy to follow. The lifestyle and cost of living in the country are also affordable.
The next country on the list that you can invest in is Spain. As a mode of investment, you can invest in the companies of the country, invest in real estate of the place, you can buy government bonds of Spain, or can transfer capital to the country. Starting in 2013, the golden visa program of the country has flourished and has taken up the place of one of the most sought-after visas.
The benefits that you get while applying to Spain are many. The process is comparatively fast, you will not have to wait long for your application to get approved. And once your application is approved, you can live, work, or study in the country. The benefit extends to both you and your family members.
Applying for a golden visa in Greece is very easy. There are very few criteria that you have to fulfill and the areas of investment are also very open and easy to approach. You have to be over 18 years of age, must be from outside Europe, and have a clean criminal record to be eligible. You can invest in the real estate of the country.
In return for your investment, you get five years of residency in the country. The process is fast and easy and you get to live in the country. The amount that you need to invest in the country is not as much as what some other places ask for. The benefit of residency, of having your golden visa, is valid even if you don’t stay in the country.
It is one of the cheapest options to avail if you are looking for a golden visa on a budget. Also, you get the benefit to roam around 140 countries with the help of a Dominican passport. Such advantages make it one of the best golden visa programs on this list.
Dominica was not always so easy to approach for a visa. But after 1995, the government of the country started a program where investors can choose to invest in the real estate of the country to give a pre-determined sum of money to the government. Both of which can avail the investor of a Dominican passport.
Like all the other countries on this list, Turkey too offers investors several options to put their money in. As an investor, you can choose to invest in the real estate of the country or transfer capital to the state-owned banks in the country. Alternatively, you can also choose to invest in a company of the nation. The last option is an investment that leads to the creation of jobs for the local people of Turkey. By following any of the above-mentioned steps, you become eligible to gain Turkish investment in three to six months’ time period.
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