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How to apply for a golden visa from the US, an expensive ticket to travel to other countries after Trump’s victory

How to apply for a golden visa from the US, an expensive ticket to travel to other countries after Trump’s victory

Due to political changes, many Americans are considering moving abroadand searches increased by 1,270% after the election. One option for those with significant financial means is the Golden Visa program offered by various countries. These programs, also known as investor visas, provide the opportunity to obtain permanent residence or citizenship through a significant investment.

These permits refer to the type of visa that provides foreigners with the opportunity to live and work in the country in exchange for economic investment. Although not necessarily a legal term, “golden” refers to a significant financial commitment. Minimum investments can range from $100,000 to over $2 million, depending on the country.

These investments may include:

  • Buying real estate
  • Business investments
  • Investment in culture
  • Government bonds
  • Bank deposits

In addition to financial requirements, you may need:

  • Pass a background check
  • Provide proof of funds
  • Get health insurance
  • Meet minimum residency requirements

Which EU countries issue golden visas?

Despite the political risks, non-citizens can purchase a $500,000 home in the United States. Spain obtain a residence permit. Other options include keeping at least one million euros in bank deposits with Spanish financial institutions or purchasing two million dollars in government bonds to obtain a visa.

IN MaltaBy investing a minimum of 690,000 euros, you can obtain citizenship for a period of twelve to thirty-six months.

Italy – another popular destination for those who want to obtain a residence permit by investment. Since 2017, the golden visa gives non-EU citizens a two-year residence permit in exchange for an investment in the country of at least €500,000.

In this sense, it is worth highlighting Greecewhere golden visas are offered with one of the fastest residency processes and one of the lowest investment thresholds (250,000 euros). Aliens who meet the requirements may receive a permit within 60 days of submitting their application.

Why golden visas are a problem

The fundamental question is what Golden visas transform citizenship from a property right into a financial transactionundermining the traditional concept of national identity. They provide rich people with advantages not available to those without financial means, and create a system in which access to better opportunities is directly related to wealth.