What are Golden Visas and 5 Countries that Hand Them Out?

3. Italy

Golden Visa Investment: $273,000

Italy is yet another comparatively cheaper Golden Visa country in 2023. The Italy Golden Visa program, launched in 2017, allows non-EU/EEA and non-Swiss nationals to obtain a residence permit through investments in Italy. Investors can choose from four investment options with varying amounts and conditions. The application process involves document submission, fees, and an interview, usually taking two months. Initially, the permit is valid for two years and can be renewed for three more.