What if we tell you that there is another way to get a longer or even a permanent visa in 20 countries. Imagine waking up in Greece without worrying about a Schengen visa or be able to travel to New York without the visa wait. Let's dive into the details of which countries are offering the golden visa.
Who is this visa offered to?
There are some small requirements you need to fulfill, and voila you are worry free! The following countries offer either citizenship or residency by investment. This type of visa is offered to vetted, qualified individuals, and usually they are counted as high-net-worth individuals.
Usually these individuals are either investors, entrepreneurs or people with specialised talents defined by the host country. So if you fall in one of these categories you can relocate to the host country and enjoy all the legal rights that a resident of the country would.
20 countries that offer golden visas to Indians
1. Austria
Citizenship by investment: No specified minimum investment, you must make a “substantial contribution to the Austrian economy”
Type of Visa: EU citizenship
Residence by investment: EUR 40,000 (about Rs.35.5 lakhs) in liquid funds
What you get: The right of free movement to Austria, the rest of the EU, and Europe’s Schengen Area
2. Malta
Investment: EUR 738,000 (Approx. Rs. 6.5 crores)
What you get: The right to live and own a home in Malta
3. Turkey
Investment: $400,000 (Approx. Rs.3.2 crores)
What you get: Free movement to Turkey, Hong Kong, Japan and Singapore
4. Greece
Investment: EUR 250,000 (about Rs2.2 crores)
What you get: Free movement to Greece and Europe’s Schengen Area
5. Italy
Investment: EUR 250,000 (about Rs2.2 crores)
What you get: The right to live, work, and study without restriction in Italy
6. Netherlands
Investment: EUR 1.25 million (about Rs11 crores)
What you get: The right to live, work, and study without restriction in the Netherlands
7. Spain
Investment: EUR 500,000 (about Rs4.4 crores)
What you get: The right to live, work, and study in Spain, and free movement to the EU and Europe’s Schengen Area
8. Switzerland
Investment: CHF 250,000 in annual taxes (Rs2.2 crores)
What you get: The right to live and study in Switzerland
9. United Kingdom
Investment: Demonstrate sufficient investment funds to start and grow their business and have a business plan that has been endorsed and approved by the Home Office.
What you get: The right to live, work, and study anywhere in the United Kingdom
10. Australia
Investment: AUD 2.5 million (about Rs. 13 crores)
What you get: The right to live, work, and study without restriction in Australia
11. Hong Kong
Investment: Applicants must complete a points-based test under the Quality Migrant Admission Scheme
What you get: Eligible to apply for permanent residence after seven years
12. Malaysia
Investment: MYR 1 million (about Rs. 1.7 crores)
What you get: Long-term multiple-entry visas enabling the applicants and their families to live in Malaysia
13. New Zealand
Investment: NZD 5 million (about Rs25 crores)
What you get: The right to live, work, and study without restriction in New Zealand
14. Singapore
Investment: SGD 10 million (about Rs.60 crores)
What you get: Eligibility for citizenship after two years of permanent residence
15. Thailand
Investment: THB 600,000 (about Rs 13.2 lakhs)
What you get: Long-term, privilege multiple-entry permit and complimentary services like a personal assistant for international flights and lounge access
16. USA
Investment: USD 800,000 (about Rs.6.5 crores)
What you get: The right to live, work, and study without restriction in the USA
17. Canada
Investment: Propose an innovative, scaling start-up business, approved by a designated organisation
What you get: The right to live, work, and study without restriction in Canada
18. Mauritius
Investment: USD 375,000 (about Rs.3 crores)
What you get: The right to live, work, and retire in Mauritius
19. UAE
Investment: AED 2 million (about Rs4.45 crores)
What you get: The right to live in any of the seven Emirates of the UAE
20. Jordan
Investment: USD 750,000 (about Rs6 crores)
What you get: The right to live, work, and study in Jordan
So what do you think of these visas offered in exchange of investments in these 20 countries? Let us know in the comments below if any of these countries interest you.
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