11 Cheapest Golden Visas without the gold | E73
Summary
TLDRThis episode of 'Passport Talks' explores affordable golden visa and citizenship by investment programs. It highlights Dominica, St Lucia, and Antigua and Barbuda, where a minimum investment of $200,000 can secure citizenship with benefits like visa-free travel and potential real estate returns. The show also covers Malta's residence program, and golden visa options in Portugal, Greece, and Italy, which offer paths to EU citizenship and favorable tax conditions.
Takeaways
- 🌍 A golden visa allows wealthy individuals to gain residency in another country through significant investments.
- 🏠 Investors typically seek golden visas for travel freedom, new business opportunities, tax benefits, and access to quality education and healthcare.
- 💰 Dominica offers citizenship by investment with a non-refundable contribution of $200,000 or a $200,000 investment in real estate, with passports issued in 6 months.
- 🇱🇨 St Lucia's program starts at $240,000 with a contribution to the National Economic Fund, and includes family members in the application.
- 🇦🇬 Antigua and Barbuda's citizenship starts at $230,000 with a contribution to the National Development Fund, and offers visa-free travel to over 150 countries.
- 🇻🇺 Vanuatu's citizenship by investment requires a minimum non-refundable contribution of $130,000 to the state fund, with the fastest processing times.
- 🇬🇩 Grenada's program requires a $235,000 contribution for single investors, with real estate options available and a 10-year US Visa eligibility.
- 🇲🇹 Malta's permanent residence program has two paths, one requiring a property rental for 5 years and a €40,000 administrative fee, the other a property purchase with a €300,000 minimum.
- 🇦🇪 UAE residency can be obtained by buying property in Freehold zones, with a 2-year visa for properties worth at least 750,000 dham.
- 🇸🇰 St. Kitts and Nevis offer citizenship starting at $250,000 in the federal Consolidated fund, with real estate options yielding potential rental returns.
- 🇬🇷 Greece's 5-year residence permit requires a €250,000 real estate investment, with the possibility of Greek citizenship after 7 years.
- 🇵🇹 Portugal's golden visa requires a minimum €250,000 investment, typically in investment funds, with a path to EU citizenship after 5 years.
- 🇮🇹 Italy's golden visa starts at €250,000 for investing in an innovative startup, with a pathway to Italian citizenship in 10 years.
Q & A
What is a golden visa?
-A golden visa enables wealthy individuals to secure residency in another country by investing in real estate, government bonds, or approved projects. It is pursued for travel freedom, new business opportunities, tax optimization, and access to superior education and healthcare.
Why are Caribbean citizenship by investment programs sometimes discussed alongside golden visas?
-Caribbean citizenship by investment programs are occasionally mislabeled as golden visas due to their similar benefits and strong value proposition, despite the confusion between the two.
What are the two investment options offered by Dominica's citizenship by investment program?
-Dominica offers a $200,000 non-refundable contribution to the economic diversification fund or a $200,000 investment in approved real estate, which can be resold after 3 to 5 years.
What are the benefits of St. Lucia's citizenship by investment program?
-St. Lucia offers low entry costs, global mobility, eligibility for a 10-year US Visa, and no required residency. The investment starts at $240,000 through a non-refundable contribution to the National Economic fund.
How does Antigua and Barbuda's citizenship by investment program work?
-The program starts at $230,000 through a non-refundable contribution to the National Development Fund. Real estate investments of $325,000 allow resale after 5 years. Families of six or more can invest $300,000 in the University of the West Indies fund.
What is the minimum investment required for Vanuatu citizenship by investment?
-The minimum investment required is $130,000 as a non-refundable contribution to the state fund. Alternatively, investing $157,000 in the coconut oil industry covers up to four family members.
What are the key benefits of Grenada's citizenship by investment program?
-The program offers visa-free travel to over 140 countries, a 10-year US Visa, and reduced hurricane risk for real estate built in the Caribbean region. The minimum contribution is $235,000 to the National Transformation Fund.
How does Malta's permanent residence program differ from other golden visa programs?
-Malta offers two paths: renting a property for 5 years with administrative fees and contributions, or purchasing a property with a minimum value and contribution fee. It grants lifetime residency with specific travel conditions.
What are the requirements for obtaining a UAE residency visa through property investment?
-A 2-year visa requires a property worth at least 750,000 dham (about $200,000) with a 50% down payment. A 10-year visa requires an investment of at least 2,000,000 dham (about $545,000).
What are the advantages of St. Kitts and Nevis citizenship by investment program?
-The program offers eligibility for a 10-year US Visa, a lenient tax regime, and enhanced global mobility. Investment options include the federal Consolidated fund or approved public benefit projects.
What is the minimum investment required for a Greek 5-year residence permit?
-A minimum investment of €250,000 in real estate is required, which increases to €800,000 in cities like Athens and Thessaloniki.
What are the benefits of Portugal's golden visa program?
-The program offers visa-free access to Schengen countries, minimal residency requirements, and a quick path to EU citizenship. The minimum investment is €250,000 in arts and culture or investment funds.
What are the key features of Italy's golden visa program?
-The program starts at €250,000 for investing in an innovative startup. Other routes include investments in businesses, philanthropic organizations, or government bonds. Residents permits are valid for 2 years and can be extended.
Outlines
🌍 Affordable Golden Visas and Citizenship by Investment
This paragraph introduces the concept of golden visas and citizenship by investment as a means to achieve global mobility, business opportunities, tax optimization, and access to superior education and healthcare. It highlights the benefits of such programs, including visa-free travel and the potential for real estate investment returns. The paragraph lists the most affordable options, starting with Dominica's citizenship by investment program, which offers two investment options: a non-refundable contribution to the economic diversification fund or an investment in approved real estate. It also mentions St. Lucia, Antigua and Barbuda, and Vanuatu, each with their own investment requirements and benefits such as visa-free travel to over 100 countries, eligibility for a 10-year US Visa, and no personal income tax.
🏠 Golden Visas and Residency Programs in Malta, UAE, and EU Countries
The second paragraph delves into the Malta Permanent Residence Program, detailing the two paths for non-EU nationals to obtain residency: one involving a property rental and the other a property purchase, each with specific financial requirements and benefits. It then discusses the UAE residency program, which can be obtained through property investment in Freehold zones, with different visa durations and investment amounts. The paragraph also covers golden visa programs in EU countries like Greece, Portugal, and Italy, each with varying investment thresholds and benefits such as visa-free travel within the Schengen area, minimal residency requirements, and potential pathways to EU citizenship. The paragraph concludes by summarizing the most affordable golden visas and encouraging listeners to seek further information or legal assistance for their global opportunities.
Mindmap
Keywords
💡Cosmopolitan
💡Golden Visa
💡Investment
💡Residency
💡Citizenship by Investment
💡Visa-free travel
💡Economic Diversification Fund
💡National Development Fund
💡Real Estate Investment
💡Tax Optimization
💡Healthcare
Highlights
A golden visa allows wealthy individuals to secure residency in another country through investment.
Investors pursue golden visas for travel freedom, new business opportunities, tax optimization, and access to superior education and healthcare.
Caribbean citizenship by investment programs are often discussed alongside golden visas due to their similar benefits.
Dominica's citizenship by investment offers two options starting at $200,000 with passports issued in 6 months.
St Lucia's program starts at $240,000 and includes benefits like low entry costs and global mobility.
Antigua and Barbuda citizenship starts at $230,000 with visa-free travel to over 150 countries.
Vanuatu citizenship by investment requires a minimum $130,000 contribution with the fastest processing times.
Grenada's citizenship by investment requires a $235,000 contribution with visa-free travel to over 140 countries.
Malta's permanent residence program offers two paths starting at €150,000 with a 5-year property rental requirement.
UAE residency can be obtained by buying property in Freehold zones, with a 2-year visa for a minimum investment of 750,000 dham.
St Kitts and Nevis offer citizenship starting at $250,000 with the potential for 2 to 5% annual rental returns on real estate investments.
Greece's 5-year residence permit requires a €250,000 investment in real estate with the possibility of Greek citizenship after 7 years.
Portugal's golden visa requires a minimum €250,000 investment, offering visa-free access to Schengen countries and a path to EU citizenship.
Italy's golden visa starts at €250,000 for investing in an innovative startup, with a pathway to Italian citizenship in 10 years.
The most affordable golden visas are from Dominica, St Lucia, and Antigua and Barbuda, starting at $200,000.
Malta's program is the most affordable among EU nations, starting at €150,000 with a 5-year property rental requirement.
Transcripts
you are listening to passport talks a
podcast on how to become a true
Cosmopolitan how to travel the world
without visas create a safe haven for
your family and access top-notch
education and Healthcare with a second
passport or
[Music]
residency 11 cheapest golden visas a
golden Visa enables wealthy individuals
to secure resid in another country by
investing in real estate government
bonds or approved projects investors
pursue golden visas for several reasons
they offer travel Freedom new business
opportunities tax optimization and
access to Superior education and
Healthcare sometimes it's also a gateway
to living in a better climate it's worth
noting that Caribbean citizenship by
investment programs are occasionally
mislabeled as golden visas despite this
confusion Caribbean passports are
frequently discussed alongside golden
visas due to their similar benefits in
strong value proposition now let's talk
about the most affordable golden visas
and passports the first is dominica's
citizenship by investment it offers two
options a
$200,000 non-refundable contribution to
the economic diversification fund or a
$200,000 investment in approved real
estate which can be resold after 3 to 5
years passports are issued in 6 months
and the application can include
immediate family members benefits are a
modest investment cost potential real
estate returns Visa free travel to over
140 countries and eligibility for a
10-year US Visa the second is St Lucia
which offers citizenship by investment
starting at
$240,000 through a non-refundable
contribution to the National Economic
fund real estate or Government Bond
Investments are also options at higher
amounts but redeemable or resellable
after 5 years the process takes about 6
months and can include the Investor's
spouse children under 30 parents over 55
and siblings under 18 key benefits
include low entry costs Global Mobility
eligibility for a 10-year US Visa and no
required residency the third Antiga and
Barbuda citizenship starts at
$230,000 through a non-refundable
contribution to the National Development
Fund
alternatively
$325,000 in real estate allows resale
after 5 years families of six or more
can invest
$300,000 in the University of the West
Indies fund offering a year of free
tuition for one member under 29
applications can include immediate
family with processing times of at least
6 months key benefits include visa-free
travel to over 150 countries a 10-year
US Visa low investment costs and no
personal income income tax the fourth is
vanadu citizenship by investment which
requires a minimum
$130,000 non-refundable contribution to
the state fund with applicants needing
at least
$250,000 in Bank assets alternatively
investing
$157,000 in the coconut oil industry
covers up to four family members with
extra charges for additional members the
process is notably fast passports are
issued Within 1 to four months for the
investor and their immediate family
benefits include Visa free travel to
over 100 countries the quickest
processing no income tax a 5-year US
Visa and no residency requirement the
fifth Granada's citizenship by
investment requires a
$235,000 contribution to the National
transformation fund for single investors
real estate options include a $270,000
shared investment or
$350,000 for full ownership both
redeemable after 5 years applications
may include immediate family with
passports processed in at least 8 months
key benefits include visa-free travel to
over 140 countries a 10-year US Visa and
reduced hurricane risk for Real Estate
built in the Caribbean region the six is
the malta permanent residence program it
offers two paths for non-eu non da and
non-swiss Nationals one is to rent a
property for 5 years costing at least
50,000 in total in the south of Malta or
goo and €60,000 elsewhere with a €40,000
administrative fee a 58,000 contribution
€7,500 per additional family Elder and a
€2,000 charity donation the other option
is to purchase a property requiring a
€300,000
minimum in the south of Malta or goo or
€350,000
elsewhere with a 28,000 contribution fee
other costs remain the same applicants
must show €500,000 in assets processing
takes at least 6 months the applicant is
granted lifetime residency with 90 days
of shenen travel per 6 months in our
seventh country the UAE residency is
obtainable by buying property and
Freehold zones for a 2-year V Visa the
property must be worth at least 750,000
dham about
$24,000 with a 50% down payment if
finance a 10-year Visa requires a
property investment of at least 2
million durhams about
$545,000 the process takes about 3 weeks
and applicants must stay in the UAE
during this period the Visa allows
including family members the benefits of
the UAE residents Visa include fast
processing access access to large expat
communities economic opportunities
Emirates ID and discounts via the Assad
privilege card the eth is a Caribbean
State again St kits and neas offer
citizenship starting at a
$250,000 investment in the federal
Consolidated fund or approved public
benefit projects real estate options
include buying shares in approved
projects or condos for $400,000 or
single family homes for
$800,000 these Investments are lock in
for seven years but can yield 2 to 5%
annual rental returns key advantages of
St kits and Neva citizenship include
eligibility for a 10-year US Visa a
lenient tax regime and enhanced Global
Mobility let's return to the EU with the
ninth state of Greece the Greek 5-year
residence permit requires a €250,000
investment in real estate which
increases to €800,000 in cities like
Athens and Thessalon holders enjoy 90day
shenen area access every 6 months and
can pursue Greek citizenship after 7
years along with tax incentives for new
residents Portugal's golden Visa
requires a minimum €250,000 investment
in arts and culture with investment
funds becoming the main option at
500,000 held typically for 6 to 10 years
golden Visa holders must spend only 7
days per year in Portugal residence
cards are renewed by any
and after 5 years eligibility for
citizenship
arises benefits include visa-free access
to shenen countries minimal residency
requirements and a quick path to EU
citizenship last but not least Italy's
golden Visa starts at
250,000 for investing in an Innovative
startup other investment routes are
500,000 in business1 million EUR in a
philanthropic organization or €2 million
EUR in government bonds residents perits
are initially valid for 2 years and can
be extended for three more key benefits
include visa-free shenen access
favorable tax conditions for new
residents and a pathway to Italian
citizenship in 10 years summing up the
most affordable golden visas come from
Dominica St Lucia and Antiga and Barbuda
where you can gain citizenship by
investing at least $200,000 as a
non-refundable contribution real estate
Investments of at least $200,000
offer a potential return in 3 to 5 years
while maintaining Visa status malta's
permanent residence program begins at
€150,000
requiring a 5-year property rental
Portugal Italy and Greece have the
lowest entry points for their golden
Visa programs among EU Nations that's it
for this episode about Golden visas and
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Cosmopolitan how to travel the world
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education in healthcare with a second
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