In this article, we discuss the 5 Best Golden Visa Programs in 2024. If you want to check out our detailed analysis, go directly to 15 Best Golden Visa Programs in 2024.
5. Canada
Minimum Cost of Investment Rank: 1
Time Required to Permanent Residency Rank: 17
Insider Monkey Weighted Average: 7.4
Canada’s novel approach to the Golden Visa, through their Start-Up Visa Program, has positioned the country as the 6th best golden visa program for 2024. To qualify for permanent residency in this country, the applicant is not required to make an investment themselves but can seek financial backing from accredited external investors. A commitment certificate of C$200,000 from designated Canadian venture capital funds, a C$75,000 commitment certificate from designated Canadian angel investor groups, or confirmation that the start-up is part of a designated Canadian business incubator program, are the ways through which this investment can be accomplished. The applicant must also ensure a bank balance of CS$13,215. Permanent residency is available in 2 years, and citizenship can be attained in 5 years.
4. Anguilla
Minimum Cost of Investment Rank: 11
Time Required to Permanent Residency Rank: 1
Insider Monkey Weighted Average: 7
This British Overseas Territory is offering one of the best golden visa programs. Investors have the option to make a minimum contribution of US $150,000 to a government-controlled fund, which is non-refundable. Another option consists of a $750,000 investment in real estate. Permanent residency is granted immediately upon approval of the application, and the path to citizenship is completed in five years.
3. Panama
Minimum Cost of Investment Rank: 8
Time Required to Permanent Residency Rank: 1
Insider Monkey Weighted Average: 5.2
Panama’s Qualified Investor Permanent Residency visa is the Golden Visa through which the country has been attracting many investors over time. According to this scheme, an investor can choose from three different investment options, all of which require holding the investment for five years. The lowest option corresponds to an outlay of US $300,000 in real estate. Other options include a $500,000 investment in securities and $750,000 in a licensed bank. The path to permanent residency is one of the quickest– immediately upon approval of the application– while citizenship takes 5 years.
2. Paraguay
Minimum Cost of Investment Rank: 6
Time Required to Permanent Residency Rank: 1
Insider Monkey Weighted Average: 3
One of the cheapest and fastest paths to permanent residency, Paraguay’s Golden Visa is among the best programs available. The program simply requires the applicant to travel to the country, submit the necessary documents, and establish a company through an appointed SUACE office representative. An investment of US $70,000, spread over ten years, is required. Permanent residency is awarded to the applicant upon approval of their application, and citizenship is also available after 3 years, provided they can speak one of the two languages of the country and have memorized the national anthem.
1. Nicaragua
Minimum Cost of Investment Rank: 4
Time Required to Permanent Residency Rank: 1
Insider Monkey Weighted Average: 2.8
Providing one of the lowest investment costs and an expedited path to permanent residency, Nicaragua has emerged as the best Golden Visa program in 2024. Applicants have the choice of three different forms of investment, all requiring the same amount of outlay– US $30,000. Choices consist of real estate, a new business, or an agricultural or forestry project approved by the government. While permanent residency is granted immediately upon approval of the application, the path to citizenship is also cleared in 2 years, contingent upon the applicant speaking and writing Spanish, maintaining their investment, and passing an integration test.
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