Immigrant investor programmes give people the chance to become citizens or residents of a country more quickly in exchange for making certain investments.
Generally speaking, the programmes offer either residence by investment (golden visa) or citizenship by investment (golden passport or “cash for passports”), or a hybrid with instant residence followed by rapid citizenship.
Typically, there are several requirements for qualification for programme applicants. A contribution to government funds, the acquisition of qualifying real estate (such as certain government-approved projects), an investment in a qualifying firm (such as a certain industry), or the creation of a predetermined number of employment are just a few examples of investment.
Immigrant investor programmes are being offered by an increasing number of nations; as of 2015, about one-fourth of all nations issued such visas.Few statistics exist regarding .
In 2019, the UAE implemented the Golden Visa system. It enables qualified people to do all three of those things in the UAE without the need for a national sponsor. The residence visa programme provides several options for certain categories of professionals, such as PhD holders, scientists, excellent workers in a particular sector or industry, and/or doctors and their families, to become residents in the UAE. Senior academics, elite experts in industry and the fourth industrial revolution, experts in the health industry, and experts in education are also listed as skilled professionals.
Golden visa holders are permitted to sponsor members of their families, including their spouse, children, and support personnel. If the necessary conditions are satisfied, the visa may be renewed. As opposed to certain other golden visa programmes that demand the visa holder.
Numerous benefits of a golden visa include:
• The availability of unrestricted travel throughout the nation or region (such as within the Schengen Zone or the Gulf Cooperation Council).
• The potential for getting citizenship or a second passport following a specific amount of time spent there.
• Having access to high-quality social, medical, and educational services
• The chance to diversify one’s assets and sources of income
• The safety and stability that come with residing in a nation with stable political and economic conditions.
Since different golden visa programmes might accommodate various demands and desires, there is no conclusive solution to this query. The following are some criteria that can assist you in comparing and deciding which golden visa programme is suitable for you:
• The type and minimum quantity of investments
• The minimal duration of stay and physical presence
• The costs and processing times
• The prerequisites and careful consideration
• The advantages and tax consequences
• The standard of living and opportunities in the nation
• The opportunity to acquire citizenship or a second passport