The advantages of enhanced global mobility are undeniable, particularly for individuals with passports that offer limited travel opportunities.
Golden visa programmes worldwide present an enticing avenue to obtain a second passport or residency in exchange for a capital investment.
However, navigating the array of options available can be daunting. Here, professional services firm Sable International explores the top programmes in 2024.
Portugal: Premier Path to European Citizenship
Portugal's Golden Visa Programme has consistently stood out in the European residency-by-investment landscape, offering an attractive route to Portuguese nationality.
Originally launched to revive the real estate sector post-2008 crisis, the programme has evolved into a global success story.
With Portugal's real estate market flourishing, the focus has shifted towards attracting investment through private equity funds, targeting key sectors like tourism, agriculture, and green energy.
Despite uncertainties, the Golden Visa landscape offers investors a well-defined roadmap to securing European residency and a second passport.
Greece: Offshore Real-Estate Investment with Greek Residency Permit
Greece presents an enticing option for property investment, offering relatively affordable real estate and the potential to obtain a residency permit.
Property ownership may grant residency, allowing visa-free travel throughout the entire Schengen area for leisure purposes. With Greece experiencing solid economic growth, investors are increasingly capitalizing on its potential.
There are no restrictions on foreigners purchasing property, and qualifying properties for the residency-by-investment programme start at EUR 250,000.
Mauritius: Secure Offshore Property Investment with Permanent Residency
Mauritius offers a robust residency-by-investment programme, attracting investors seeking a strong investment, favourable climate, and secure lifestyle.
The island's property market has witnessed significant capital growth in recent years, making it an attractive option for investors.
With permanent residency status available for property purchases of $375,000 or more, Mauritius provides a solid hard-currency investment opportunity.
United States: Relocation through the EB-5 Investor Visa
For those seeking to relocate to the USA, the EB-5 Investor Visa offers a direct route to obtaining a US Green Card.
Investors can secure permanent residency, granting them the right to live and work in the US.
The minimum investment is $800,000, and additional qualification parameters apply. The programme offers two timelines: the traditional route, which takes approximately 36 months, and a quicker option for those ready to expedite their relocation process.
Grenada: Citizenship and Global Mobility
Grenada's citizenship-by-investment programme provides a fast-track route to Grenadian nationality, offering visa-free access to 148 countries.
With a minimum investment of $220,000 in real estate, investors can secure a cost-effective second passport solution.
The programme is flexible, allowing investors to include family members and providing peace of mind for global travel.
United Kingdom: Strong Yielding Investment Property
Although the UK has ended its Tier 1 residence-by-investment programme, investment in UK property remains an attractive option.
The country offers a stable investment environment, with no restrictions on foreign investment in the property market. Savvy investors view UK property as a safe haven, with reliable tenants readily available and competitive rental yields.
These top programmes offer diverse opportunities for investors seeking residency or citizenship through investment. 4
Whether targeting European citizenship, seeking offshore property investments, or pursuing relocation to a new country, these programmes cater to various investment preferences and goals.
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