Hungary and Greece tied for first place, with Italy and United Arab Emirates and Antigua and Barbuda holding the remaining places in the top five Golden Visas worldwide, according to a recent survey taken by the financial advisory firm Arton Capital. The following are the top three most in-demand EU Golden Visas:
EU Golden Visas are in huge demand, as stated by the President of Arton Capital, as well as attracting many immigrants, mainly from America. This kind of visa program allows foreign nationals to gain residency through investment or other eligibility criteria.
Hungary Golden Visa Program
The Hungary Golden Visa Program, launched in 2013, has already driven many foreign investors and is one of the most sought after Residency by Investment Programs. From January 2013 through March 2017, the program stood at €1.4 billion Hungary. Its success also has to do with the fact that real estate investment was offered-an option which, in some countries, is being taken back, such as Spain and Portugal.
Greece Golden Visa Program
One of the most popular programs in the EU is the Greece Golden Visa Program. There have been recent changes to include an announcement by the government to raise the minimum investment amount for foreign investors in an effort to mitigate the housing crisis. In some areas, investors must invest at least €800,000 in order to qualify under the Residency by Investment option. Greece has also established a five-year residence permit for foreign investors who invest at least €250,000 in Greek start-ups.
Italy Golden Visa Program
Believed to be the Investor Visa for Italy, Italy’s Golden Visa Program is considered to be one of the most popular residence programs in the whole European Union for foreign investors. Eligible aliens can choose from a range of different investment opportunities, including:
