Top 5 PR Visas by Investment in 2024

Highlights: Golden Visa programs for Investors in 2024!

• Golden Visa is a residency-by-investment program.
• The program offers foreign nationals permanent residency in exchange for a specific investment in the country.    
• The Golden Visa programs are for investors looking to expand their holdings, gain access to new markets, or acquire second citizenship.
• Greece, Cyprus, and Italy offer the top 3 Best PR programs in 2024.

 

*Looking to invest abroad? Talk to experts at Y-Axis for complete assistance.

 

 

What is the Golden Visa Program?

A Golden Visa is a residency-by-investment program that offers foreign nationals long-term or permanent residency in exchange for an investment in the country.

The Golden Visa programs are for investors who wish to expand their holdings, gain second citizenship, or gain access to new markets. 

Some of the Golden visa programs provide more benefits compared to others based on the preferences, profiles, and aims of the investor. 

 

*Looking to migrate abroad? Get in touch with Y-Axis for all your immigration queries.

 

 

Factors that determine a Golden Visa Program

Choosing the right type of Golden visa program depends on many factors including the interests and goals of the investor.

However, some of the most common factors to consider before choosing a Golden visa program are as follows:

 

• Budget: The minimum investment required by most of the Golden visa programs starts from €250,000 and can go up to over €2 Million. Investors must take into consideration the financial potential and risk-taking capability before making a decision. 
• Duration: Duration in a Golden visa program refers to the time needed to receive, apply, or renew a residence permit. Some of the programs have long-term validity and accelerated processing time while others could take longer.
• Citizenship: The laws and policies of the hosting country decide the citizenship possibilities for various golden visa programs. Some programs offer citizenship to investors after 5-10 years while others may not even give such options.
• Mobility: The international agreements and ties of the host country decide the mobility factors of the Golden visa programs. Some programs offer visa-on-arrival or visa-free entry while others offer restricted travel allowances and possibilities.  
• Return: The Factors that influence the Return on Investment (ROI) for most of the Golden visa programs are as follows:

- Taxation

- Exit plan

- Market conditions

- Nature of Investment

- Location

 

 

Talent and Start-up Visa for Golden Visa

Individuals can apply for a start-up visa as an alternate pathway to gain citizenship or a residence permit. The start-up visa categories are specifically for:

 

• Highly skilled or qualified workers
• Business owners
• Inventors
• Founders

 

The Talent or Start-up visas are particularly for individuals who wish to work or start a business of their own in any of the European IT ecosystems.

 

 

The Top 5 Golden Visa Programs in 2024

The table given below has a comprehensive peek through the top 5 Golden visa programs for investors in 2024:  

Country	Minimum Investment	Validity	Renewal	Visit countries without a visa
Greece	€250,000 to €400,000	5 years	Yes	26 Schengen nations
Cyprus	€300,000 to €2 Million	Lifetime	N/A	173 Countries
Italy	€250,000 to €1 million	2 years	Yes (Every three years)	N/A
Spain	€500,000 to €2 million	2 years	Yes (Every five years)	26 Schengen countries
Portugal	€250,000 to €500,000	1 year	Yes (Every five years)	188 countries

 

 

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Web Story: https://www.y-axis.ae/web-stories/top-5-pr-visas-by-investments-in-2024/