Latest news with #residencybyinvestment
Times
17-07-2025
- Business
- Times
Golden visas can be a force for good if they create jobs
Golden visas have long been viewed with a mix of admiration and suspicion. Admiration for how they invite capital and talent into countries eager for investment; suspicion for how they've sometimes allowed bad actors to gain residency with minimal scrutiny. Donald Trump's proposed 'Trump Card' is proving to be polarising. If it goes ahead as planned, it would offer a fast track to legal status for wealthy immigrants investing $5 million and exempt card holders from federal income tax on foreign earnings. Colloquially known as a golden visa, these programs are more correctly referred to as 'residency by investment' visas. In simple terms, if one invests enough in an economy, they are offered a residency visa. The theory is that the investment will lead to greater economic output and more jobs — and the impact on the economy and standard of living in that country will be positive. • The end of Spain's golden visa: winners, losers and how to move now Golden visas can deliver meaningful benefits to countries, economies and citizens if administered correctly. I advise people on how to get a visa in New Zealand through my company Greener Pastures New Zealand, and the visa program there requires applicants to directly invest in New Zealand-managed funds or operating businesses. This is not a buy-a-passport scheme; it's an invitation to help to build a country that prizes innovation, transparency and long-term growth. • Read more expert advice on property, interiors and home improvement We work directly with high-net-worth individuals and families navigating this new landscape. We've seen growing demand from British and American citizens seeking not only lifestyle and economic opportunity, but geopolitical stability and alignment with their values. In today's world, people are looking for lifestyle, safety, political and economic stability. Much like diversifying one's investment portfolio, obtaining dual residency is a valid way to manage risk. Demand for these visas is increasing worldwide. It is estimated that more than 120,000 golden visas are issued annually globally and that number is rising. Theory does not always match reality, however. Around the world we have seen examples of governments that have administered the visa in a way that seeks to maximise the total investment balances raised, with little benefit. Examples of this include allowing the visa applicant to place funds in fixed-term deposits, or government bonds. Is the investment valid? Yes. Has the investment helped improve the economy and create jobs? No. • Spain doesn't want you? Here are the overseas places to buy a home in 2025 Any world leader looking at drawing up a golden visa programme should be asking themselves whether it aligns with national priorities. It shouldn't be about selling access, but encouraging investments that create jobs and drive innovation. The best programmes ask what the investor can do and whether the country fits them long term, rather than simply 'selling' a visa. Governments must design programmes built for permanence, not loopholes. Doing so allows the visa to be mutually beneficial for both the applicant and the offering country. The result is a visa that serves the nation. Dominic Jones is managing director of Greener Pastures New Zealand, a residency through investment adviser
Times
15-07-2025
- Business
- Times
I created a golden visa for New Zealand — this is how to get them right
Golden visas have long been viewed with a mix of admiration and suspicion. Admiration for how they invite capital and talent into countries eager for investment; suspicion for how they've sometimes allowed bad actors to gain residency with minimal scrutiny. Donald Trump's proposed 'Trump Card' is proving to be polarising. If it goes ahead as planned, it would offer a fast track to legal status for wealthy immigrants investing $5 million and exempt card holders from federal income tax on foreign earnings. Colloquially known as a golden visa, these programs are more correctly referred to as 'residency by investment' visas. In simple terms, if one invests enough in an economy, they are offered a residency visa. The theory is that the investment will lead to greater economic output and more jobs — and the impact on the economy and standard of living in that country will be positive. • The end of Spain's golden visa: winners, losers and how to move now Golden visas can deliver meaningful benefits to countries, economies and citizens if administered correctly. I designed and launched one for New Zealand, called Greener Pastures New Zealand, which requires applicants to directly invest in New Zealand-managed funds or operating businesses. This is not a buy-a-passport scheme; it's an invitation to help to build a country that prizes innovation, transparency and long-term growth. • Read more expert advice on property, interiors and home improvement We work directly with high-net-worth individuals and families navigating this new landscape. We've seen growing demand from British and American citizens seeking not only lifestyle and economic opportunity, but geopolitical stability and alignment with their values. In today's world, people are looking for lifestyle, safety, political and economic stability. Much like diversifying one's investment portfolio, obtaining dual residency is a valid way to manage risk. Demand for these visas is increasing worldwide. It is estimated that more than 120,000 golden visas are issued annually globally and that number is rising. Theory does not always match reality, however. Around the world we have seen examples of governments that have administered the visa in a way that seeks to maximise the total investment balances raised, with little benefit. Examples of this include allowing the visa applicant to place funds in fixed-term deposits, or government bonds. Is the investment valid? Yes. Has the investment helped improve the economy and create jobs? No. • Spain doesn't want you? Here are the overseas places to buy a home in 2025 Any world leader looking at drawing up a golden visa programme should be asking themselves whether it aligns with national priorities. It shouldn't be about selling access, but encouraging investments that create jobs and drive innovation. The best programmes ask what the investor can do and whether the country fits them long term, rather than simply 'selling' a visa. Governments must design programmes built for permanence, not loopholes. Doing so allows the visa to be mutually beneficial for both the applicant and the offering country. The result is a visa that serves the nation. Dominic Jones is managing director of Greener Pastures New Zealand, a residency through investment adviser
Daily Mail
29-06-2025
- Business
- Daily Mail
Are Middle Class families fleeing Labour-run Britain for the Med? Spike in 'golden visa' applications in Greece and Portugal after Rachel Reeves' tax hikes
There has been surge in Britons applying for 'golden visas' in southern European countries following Labour's general election victory, it has been revealed. An analysis by Astons, a global investment immigration firm, showed there was an almost 50 per cent increase in applications to Greece from the UK since last summer. The country offers a five-year residency permit for those who invest from upwards of 250,000 euros in property. In the year to April, there were 626 applications to the scheme granted to people from the UK, the latest Greek government statistics revealed. That was up from 427 the year before – a 46.6 per cent rise – according to the Astons analysis. There were 389 applications from the UK in 2024 for Portugal's similar scheme, compared with 234 the year before - a 66.2 per cent increase. Alena Lesina, of Astons, said the firm had seen 'a clear uptick in interest from UK nationals exploring residency-by-investment programmes over the past year'. 'While the broader economic and tax environment in the UK is certainly a driver, what's notable is the evolving profile of applicants,' she told the Telegraph. 'These schemes are no longer the preserve of ultra-high net worth individuals alone. 'We're increasingly advising middle class families, remote-working professionals, and even retirees who are re-evaluating their lifestyle priorities post-pandemic. 'For many, it's about quality of life, future planning, and unlocking mobility in an increasingly uncertain global climate.' After winning power, Labour hiked taxes on businesses and imposed VAT on private school fees. And there are warnings of further tax raids to come at this year's Budget. Chancellor Rachel Reeves has been left with a hole in the public finances following recent U-turns on axing winter fuel payments for millions of pensioners, and on cutting benefits. Figures for other European countries showed the popularity of golden visas with Britons had been growing before Labour's election victory. For example, Spain had 3,601 applications from Britons in 2023 - a rise of almost 70 per cent on 2022. The country closed its golden visa scheme this April. Tory MP Andrew Griffith, the shadow business secretary, told the newspaper: 'It pains me that the young, ambitious, optimistic people our country needs are leaving because they think they can have a better life outside the UK. 'This just demonstrates the far-reaching consequences of Labour's punishing tax rises, which are wreaking untold damage on the economy. 'There is a real danger that Rachel Reeves' ideological war on aspiration will backfire and leave the state of the public finances even worse off. 'It wouldn't be a surprise if the OBR now forecasts lower tax takings in the autumn, leaving the Chancellor with an even bigger black hole to fill.' A Treasury spokesman said: 'Our tax system is fair and progressive, and keeps the UK an attractive place to live. 'The UK's main capital gains tax rate is lower than any other G7 European country, and we are committed to keeping taxes for working people as low as possible. 'That's why, at last autumn's Budget, we protected working people's payslips and kept our promise to not raise the basic, higher or additional rates of income tax, employee National Insurance or VAT.'
Travel Daily News
30-05-2025
- Business
- Travel Daily News
Fastest Golden Visa programs worldwide
Golden Visa with fast processing provides fast-track residency or citizenship. Investors looking for the quickest options can find programs that grant approval within four to six months. Golden Visas offer residency by investment. These programs allow investors to secure residency or even citizenship in a country by making a qualifying financial contribution. Processing times vary, but some countries grant residency or citizenship in just a few months. Albert Ioffe, Legal and Compliance Officer at Immigrant Invest, explains Golden Visa Programs terms and conditions and Golden Visa Programs with fast approval. What is a Golden Visa Golden Visa programs grant residency in exchange for investment. Investors typically choose real estate, government bonds, or business investments. The main advantages include visa-free travel, tax benefits, and a pathway to citizenship. Some programs process applications faster than others, making them attractive for those seeking quick relocation. Cheapest Golden Visa options are in the 5 Caribbean countries offering pathway to second citizenship. Quickest Golden Visa options in Europe Hungary Golden Visa — fastest in Europe. Hungary's new Golden Visa grants residency in about five months. Investors must place €250,000 into a local investment fund. The program does not require physical presence and offers a five-year renewable residence permit. Cyprus Permanent Residency — issued within two months. Cyprus offers residency for a €300,000 real estate investment. The processing time is about 9 months. While it does not lead directly to citizenship, residents can apply for naturalisation after five years. Greece Golden Visa — fast track option. Greece provides residency in 4 months for a €250,000 property investment. The program does not require physical stay and allows visa-free travel within the Schengen Zone. Italy Investor Visa — quick and flexible. Italy's investor visa is processed in 4 months. Investors must contribute at least €250,000 to an innovative startup or €500,000 into an Italian company. The visa grants a two-year renewable residence permit. Fastest Golden Visa programs in the Caribbean St Kitts and Nevis. A minimum contribution of $250,000 to the Sustainable Island State Contribution is required. Dominica. The Dominica program offers a passport in exchange for a $200,000 donation or a $200,000 real estate investment. The application process is straightforward, and no residency is required. Grenada. Grenada's citizenship-by-investment program requires a $235,000 donation or a $220,000 real estate investment. The passport allows visa-free access to China and the UK. St Lucia. St Lucia grants citizenship for a $240,000 government donation or a $200,000 real estate investment. The process is efficient and does not require physical presence. How to apply for the fastest residence-by-investment program Step 1. Choose the right program. Investors should compare residency and citizenship options based on processing time, investment amount, and long-term benefits. Step 2. Prepare the necessary documents. Common requirements include passports, proof of funds, background checks, and investment agreements. Step 3. Submit the application. Most countries allow applications through authorised agents. The process usually involves online or in-person submission. Step 4. Make the investment. The investment must be completed before residency or citizenship is granted. This can involve real estate purchases, fund deposits, or government donations. Step 5. Receive approval and residency/citizenship. Once the application is approved, investors receive their residence permit or passport. 9 benefits of the fastest Golden Visa programs Quick approval process. Residency or citizenship in as little as 6 months. Minimal physical presence requirements. Many programs do not require long-term stays. Visa-free travel. Residency or citizenship grants access to the Schengen Zone, UK, or other regions. Tax advantages. Some countries offer low or no tax on foreign income. Pathway to citizenship. Many Golden Visa holders can apply for citizenship after a few years. Secure investment options. Investments in real estate, funds, or businesses with potential returns. Family inclusion. Most programs allow spouses, children, and sometimes parents to apply. No language or education requirements. No need to pass exams or meet educational criteria. Flexible relocation options. Investors can maintain residency while living elsewhere. Additional Considerations When Choosing a Golden Visa Program Investment return potential. Some countries provide more stable or high-yield real estate investments, while others focus on government bonds or business contributions. Investors should assess the potential for appreciation and returns before committing funds. Tax implications. Each country has different tax regulations. Some Golden Visa programs offer zero taxation on foreign income, while others may require investors to pay local taxes. Consulting with a tax expert is advisable before selecting a program. Residency and citizenship timeline. While some programs grant residency immediately, others offer a direct path to citizenship within a few years. Investors should consider long-term residency and naturalisation options when making their decision. Reputation and international mobility. Certain passports provide stronger visa-free travel privileges. Caribbean programs, for instance, offer access to the UK and Schengen Zone, while European residency can lead to an EU passport after a few years. Conclusion Golden Visa with fast processing provides fast-track residency or citizenship. Investors looking for the quickest options can find programs that grant approval within four to six months. Whether in Europe or the Caribbean, these programs offer flexibility, security, and long-term benefits. Investors should consider investment return potential, tax implications, and mobility benefits when selecting a program. Photo by Claudia Altamimi on Unsplash
Travel Daily News
23-05-2025
- Business
- Travel Daily News
Global Residency and Citizenship by Investment Report unvealed
Global Citizen Solutions' first RCBI Report ranks 37 countries' investment migration programs, highlighting top destinations for citizenship and residency amid global uncertainty. LONDON – As the world navigates geopolitical instability, market volatility and shifting regulations, Global Citizen Solutions, a leading advisory firm specializing in investment migration, has released its first-ever Global Residency and Citizenship by Investment (RCBI) Report. The report evaluates Citizenship by Investment (CBI) and Residency by Investment (RBI) programs currently available across 37 countries, providing key insights for those seeking a new beginning beyond their home nation. This timely report is the most comprehensive, data-driven analysis of global CBI and RBI programs to date, highlighting the top destinations where individuals can obtain a second passport or secure long-term residency. Antigua and Barbuda, St. Kitts and Nevis, and Grenada lead the CBI rankings, while Greece and Malta lead the global RBI list. 'This groundbreaking new report reveals a growing interest in dual and multiple citizenships, made possible by the fact that more than 75% of countries now allow some form of dual nationality. In today's world, investment migration is no longer just about obtaining a second passport – it's about unlocking global mobility, securing long-term opportunities and building a legacy,' said Patricia Casaburi, CEO of Global Citizen Solutions. 'Our Global RCBI Report, designed to serve as an essential guide to navigating complex RCBI programs, helps individuals understand how and where they can protect their wealth, move freely and hedge against global uncertainty.' Whether seeking a long-term home or exploring the best options for dual citizenship, the report offers a new perspective on how legal frameworks of RBI and CBI programs can serve as platforms for greater freedom, improved quality of life and financial advantages aligned with individuals' mobility goals. The report evaluated programs using 18 key indicators across the following five dimensions: Procedure Index: Minimum Investment Threshold, Average Processing Time, Path to Citizenship (RBI only), Investment Options, Visit and Residency Requirements, Family Member Inclusion and Program Reputation Tax Optimization Index: Type of Tax System and Tax Rates Mobility Index: Visa-Free or Visa-on-Arrival Access and Destination Attractiveness Quality of Life Index: Human Development, Migrant's Acceptance, Global Peace, and Healthcare Investment Environment Index: Ease of Doing Business and Economic Stability Top Countries for Global Citizenship by Investment (CBI) Programs – programs where full citizenship and a passport are granted in exchange for an economic contribution, such as real estate, bonds or a business: Rank Country Total Score 1 Antigua and Barbuda 94.33 2 St. Kitts and Nevis 93.62 3 Grenada 93.16 4 Dominica 90.51 5 St. Lucia 89.79 The Caribbean region, known for its flexible investment options, moderate cost of living, and efficient processing timelines, suit individuals and families seeking fast-track citizenship with moderate investments, no residency requirements and attractive tax regimes. The region accounts for 36% of all active programs and ranks among the top five in the CBI Index. European countries such as Malta which is still processing pending applications despite the recent decision of the European Court of Justice (ECJ) to end the Malta's Exceptional Investor Naturalisation (MEIN) and Austria offer access to the European Union and high-quality healthcare, education and lifestyle, though tagged with significantly higher investment thresholds and processing times. Both programs appeal to investors seeking enhanced global mobility and seamless EU access, thanks to the strength of the passports they confer. to end the Malta's Exceptional Investor Naturalisation (MEIN) and Austria offer access to the European Union and high-quality healthcare, education and lifestyle, though tagged with significantly higher investment thresholds and processing times. Both programs appeal to investors seeking enhanced global mobility and seamless EU access, thanks to the strength of the passports they confer. Asia, Oceania, Middle East, Africa regions including Cambodia in Asia and Vanuatu and Nauru in the Pacific, feature lower investment thresholds and accelerated timelines, making them attractive to cost-conscious investors seeking rapid access and flexible requirements, though their passports offer more limited, regionally focused mobility. Türkiye's CBI program stands out by offering a low investment threshold, expedited processing, and a passport granting visa-free access to important parts of the world. Top Countries for Global Residency by Investment (RBI) Programs – commonly referred to as 'golden visa' programs, these initiatives allow foreign nationals to obtain a legal residency through investment: Rank Country Total Score 1 Greece 91.47 2 Malta 89.97 3 Switzerland 89.94 4 Luxembourg 89.26 5 Portugal 89.2 European RBI programs are heavily weighted toward Europe, which accounts nearly for 50% of the 23 active programs worldwide. This reflects a shift in EU strategy toward longer-term integration and development goals, with countries like Portugal, Greece, Malta, and Luxembourg offering well-structured RBI options. Asia and the Middle East offer RBI programs characterized by business-friendly climates and favorable tax regimes, with the UAE and Singapore standing out for their global connectivity and zero-tax policies, attracting tech entrepreneurs and ultra-high-net-worth individuals. Oceania, led by New Zealand, targets innovative entrepreneurs and venture capitalists through high-threshold programs tied to business creation and job development. The country also ranks highly for quality of life, appealing to families and retirees seeking long-term relocation. In Africa, Mauritius is the option for regional diversification and future mobility. The country draws real estate and business investors with strong legal protections and tax incentives. Additional key takeaways that emerged from Global Citizen Solutions' RCBI Report include: Increased Interest in Wealth Preservation and Security Through Global Mobility: Global mobility is no longer a luxury but a necessity for individuals navigating a world of shifting borders, regulations and economic realities. Second citizenships can simplify this process, allowing heirs to reside in or manage assets from locations with more favorable inheritance laws. New-Generation Programs Emphasize Talent, Innovation, and Sustainability: Countries like Canada, and Singapore are moving away from passive capital inflows and focusing on attracting skilled entrepreneurs and professionals in strategic sectors such as artificial intelligence, clean energy and biotechnology. Dual citizenship: Most of Europe and the Anglosphere RBI jurisdictions (61%) allow dual citizenship with most schemes offering a pathway to naturalization, making them attractive to globally mobile individuals. In contrast, 26% of countries require renunciation of prior citizenship, mainly in Asia, which limits their appeal. Another 13%, in the Middle East, operate in legal grey zones where dual nationality is restricted but inconsistently enforced, creating uncertainty. Tax Optimization: The Caribbean remains the go-to region for CBI, offering minimal residence requirements, straight forward procedures and favorable tax structures. These programs operate under zero or territorial tax regimes, making them ideal for high-net-worth individuals focused on global mobility and tax neutrality, with relatively little regulatory friction. 'This is the first report of its kind to offer a holistic, transparent and comparable view of both CBI and RBI programs worldwide,' added Dr. Laura Madrid Sartoretto, research lead at Global Citizen Solutions. 'Our goal was to provide a resource that empowers stakeholders to make informed, forward-looking decisions.'
