Citizens of the United States and other countries who wish to settle in another country have the option of applying to Golden Visa or Golden Visa.

According to the company’s latest report Get gold Visa, in 2022 the number of applications for this option has increased and is expected to continue to increase.

What is the Golden Visa?

The Golden Visa or Golden Visa is a permit that allows individuals and their dependents to obtain permanent or temporary residence in a country through an investment.

The investment required varies according to the destination sites. Although, as explained in the article on the El Nuevo Herald portalthe acquisition of real estate, the subscription of investment funds, the transfer of capital or the donation are included in this alternative.

After five to ten years of continuous residence in this way, in some countries it is possible to apply for citizenship.

When obtaining dual citizenship in a European Union country, the note continues, the person or family group will be full members of this economic community.

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The golden visa with Spain

This is the most requested residence visa by foreign investors in Spain seeking to become residents of the European Union.

As the note from El Nuevo Herald explains, the requirements to obtain it are as follows:

– Purchase properties for a minimum value of 500,000 euros.

– Create and develop an entrepreneurial project.

– Invest in shares or make bank deposits in Spanish entities for at least one million euros.

– Buy government bonds of that country with a value of at least two million euros.

In this case, it takes approximately 20 days for your residency to be approved.. The permit will be valid for two years and renewable for another five.

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Other countries that offer Golden Visa

Within the European Union, these are the options: Germany, Austria, Belgium, Bulgaria, Cyprus, Denmark, Greece, Italy, Malta, Portugal and Spain.

This type of visa is also available in Europe, Switzerland and Ireland.

In the rest of the world, the golden visas of Australia, Vanuatu, New Zealand and Singapore stand out.