To see our website filtered by an specific destination, select the country: You’re seing the content related to that we can help you with immigration journey. If you want to see a specific destination, immigration journey. If you want to see a different destination, click here

Golden Visa Programs: How to Get a Golden Passport

By Casey March 2, 2022 (Updated March 24, 2023) 4 min. read
convertkithtQznSRxwunsplashscaledjpg

Golden passports, often known as “second passports,” are a result of the citizen-by-investment policy, in which people pay financially to specific initiatives inside a country in exchange for citizenship.

If a person files for a golden passport, they and their immediate family will be granted residency permits that may be renewed indefinitely as long as the investment in that nation continues. According to the International Monetary Fund, having a second passport offers several advantages, including the opportunity to travel without the visas required by your original passport or to abandon your native country.

More than 25 nations across the world are now offering these to investors who wish to participate in certain projects or keep an investment for a set amount of time in exchange for immigration status for themselves and their dependents. Each program has its own set of standards and offers distinct incentives to investors. So, if you’re intending to invest in a Golden Visa or a Golden Passport, you might want to examine the aspects listed below, based on your family’s needs and your capacity to meet the essential standards.

Golden Passport Requirements

Many nations utilize residency by investment to entice foreign investment, either in real estate or by establishing a firm that employs a certain number of locals.

Foreigners can get permanent residency in the nation where they invest, bring their spouse and children to live with them, and study and work there under residency-by-investment programs.

Golden Visa requirements include:

How Do I Apply for a Golden Visa?

There are a few different ways to apply for a golden visa. The most popular way is through purchasing a foreign property (real estate), which is offered by the majority of golden passport countries. The cost of real estate ranges from $200,000 to over $2 million.

Other investing possibilities may include:

Keep in mind that these investment opportunities are not available in all countries that grant Golden Visas.

Following your investment, you can apply for a Golden Visa at either your country’s embassy or an appropriate government entity overseas. In any situation, the Embassy should be your initial point of contact.

What Countries Have Golden Passports?

Here is a list of countries that have a Golden Visa program:

What Are the Advantages to Having a Golden Visa?

Family Investment

A passport can serve as a substitute for life insurance in terms of asset protection for families. Why not get a passport as a long-term investment in your family’s future? Citizenship is permanent and can be passed down to future generations of a family.

Education

Countries inside the EU that speak English and have world-class institutions (such as Ireland) offer residence by investment schemes with modest or medium-level investment requirements. Foreign nationals and their children will be able to study in these nations if they get a golden passport and pay the same costs as domestic students.

Visa-Free Travel

Because one of the primary benefits of a residency card and passport is visa-free travel to over 100 countries, regular travelers’ demands are met right away. Dual passport holders do not have to go through the time-consuming and difficult procedure of regularly filing numerous visa applications for business or pleasure travel overseas.

Greater Quality of Life

If the investor, their family, and future generations born in the foreign nation want to, they can benefit from social security benefits, a higher quality of living, and the convenience of conducting business overseas.

Are There Any Limitations in Receiving a Golden Passport?

Although there are many great advantages to getting a golden passport, there are limitations for some. Because you must make a large investment in order to receive a golden passport, many people don’t qualify unless they have the funds immediately available.

There has also been talk about some countries tightening the rules and requirements you must meet when applying for a golden passport. This may include more thorough background checks on all family members who wish to apply, as well as looking deeper into the sources of the funds they wish to invest.

Are You Interested in Getting a Golden Visa?

If so, Contact VisaPlace today and we can evaluate which golden visa program might be right for you. All our cases are handled by competent and experienced immigration professionals who are affiliated with VisaPlace. These professionals consist of lawyers, licensed paralegals, and consultants who work for VisaPlace Legal, an award-winning immigration firm that adheres to the highest standards of client service.

Ready for the next step? Book your 1 on 1 consultation now or call us at 1-888-317-5770.

Have a Question related to your Immigration Needs?

Fill out the FREE Immigration Assessment form and get a response within 24 hours to see if you’re eligible.

The assessment form should take approximately 5-7 minutes to complete. We will get back to you within one business day to let you know if we can help.

Mario Dolbec Avatar

Mario Dolbec

Our experience with the team at VisaPlace has been absolutely wonderful. We are grateful for Ms Nadia Bakhtiari’s assistance in processing our application. Nadia was attentive, empathetic, knowledgeable, professional, friendly and accessible. She provided guidance and kept us informed every step of the way. Thank you VisaPlace and special thanks Nadia!

Juyeong Yoon Avatar

Juyeong Yoon

Visaplace, Nadia and her team did excellent job. They are super eager to help you out even if this firm is pretty busy place, I always get a response in one business day. Nadia has a sweet heart that she’s taking a big responsibility out of your case. My situation was complicated and hard. I was freaked out from dealing with CBSA and we had a several phone calls. She explained to me how to deal with each steps and truly understood my situation. Her expertise is amazing. I wish I was in Toronto and visit them to say Thank you in person. They are fantastic. Thank you so much!

Mike Grushin, Full Stack Executive Avatar

Mike Grushin, Full Stack Executive

I am very impressed with the quality of service, transparency and technology provided by VisaPlace. I had a chance to work with many lawyers and law firms and very few come close.

VisaPlace helped a few Ukrainian colleagues that I referred, and they were very satisfied with the experience

Youmna YOUNES Avatar

Youmna YOUNES

Yasmeen Ali was the direct contact i was working with. She is absolutely the best agent i met. Very professional and very friendly at the same time. She was so helpful and patient, especially during Covid times.She answered all my questions and emails to renew my husbands PR. I would definately recommend this firm especially if you live abroad. Ask for Yasmeen Ali, the friendliest and most efficient agent! Thank you again Yasmeen….all the others working with her seem also very professional and efficient…they also followed up during her absence.

kara turnquest Avatar

kara turnquest

VisaPlace. If you need reliable efficient knowledgeable help with resolving you immigration issues VisaPlace is your solution. From your initial call you are placed at ease, the level of professionalism is par none! The time agreed for your consultation is promptly met by an attorney. The entire team works together to keep you informed as your individual matter progresses to a resolution. I am grateful for the assistance which they gave me!

Belinda Maraj Avatar

Belinda Maraj

Our experience with the team at VisaPlace has been absolutely amazing. Special thank you to Nadia Bakhtiari whom we had the pleasure of partnering with. Nadia was attentive, empathetic, knowledgeable, professional, friendly and accessible. She provided guidance and kept us in the loop every step of the way. We were so impressed with the professionalism and exceptional client experience from VisaPlace that we partnered with them for both our PR application and our citizenship application. Thank you VisaPlace and thank you Nadia!

betty klassen Avatar

betty klassen

We were switched legal teams 3 times within our time there.( This was not our doing) We weren’t impressed at all with the service almost all the way through our experience. Our review would have been 1 star. The response time was awful. To get in contact with our attorney was so difficult. And not thorough. Almost at the end, when we were almost ready to file, we got switched again, but this time, we are thankful. The attorney we got then was Andrew Diamond. He is fantastic and the reason for the 5 star rating. This is his rating. He was phenomenal. Absolutely amazing and prompt with response time and very knowledgeable, thorough and so helpful. We couldn’t have asked for better. Thank you Andrew for all you did for us!