The Golden Visa of the EU is an exclusive opportunity for people who want to settle in any European Country by investing some amount. Normally, this advantage is pursued by wealthy families to become the citizens of a European Country. This visa is a temporary residence permit. In this article, you will get to know about the World’s Most Demanded Golden visas and discuss the Top three Nations for this.
Top Demanded EU Visas
According to a survey conducted by a financial advisory company, Arton Capital, the top 3 demanded EU Golden visas giving nations are: Hungary, Greece and Italy.
Investing in these countries allows you to explore the country and fulfil your individual goals. The top 5 countries involved in granting Golden EU Visas according to the President of Arton Capital are as follows:
- Hungary
- Greece
- Italy
- The United Arab Emirates
- Antigua and Barbuda
The opportunity to acquire Golden EU Visas has attracted many immigrants, especially from the U.S.A.
Hungary Golden Visas Program
The Hungary Golden Visas Program was launched in 2013. The program has attracted many foreign investors and is known to be the most demanded Residency by the Investment Program.
The program introduced by Hungary is successful because it offers real estate investment. The program has led to a contribution of EUR 1.4 billion, noticed from Jan 2013 to Mar 2017. However, countries like Spain and Portugal have eliminated this scheme.
Greece Golden Visa Program
The Golden Visa Program introduced by Greece has become the most desirable EU Golden Visa Program. Currently, the government of Greece has made some amendments to the program. The changes are related to the housing crisis and the minimum invested amount by foreign investors has been raised.
In the new changes introduced, the minimum limit to invest in the EU Golden Visa Program is EUR 800,000. This limit is set to be eligible for Residency by the Investment scheme.
Greece has recently allowed a five-year residence permit visa for investors. The scheme lets the investors induce in Greek startups, a limited amount of EUR 250,000.
Italy Golden Visa Program
The Italy Golden Visa Program, also called as Investors Visa, is popular among foreign investors who want to obtain resident permits in EU nations. Italy provides various investment options such as:
- Investment in Government Bonds – EUR 2 million
- Investment in Corporate Bonds/ Shares – EUR 500,000
- Investment in Innovative Start-ups – EUR 250,000
Conclusion
The top nations providing the EU Golden Visa have benefitted many investors and those who are rich elites to invest in countries. The program is the best option to get a resident permit in European nations without going through longer procedures like in other countries.