info@marketresearchfuture.com   đź“ž  +1 (855) 661-4441(US)   đź“ž  +44 1720 412 167(UK)

Golden Visa with Changed Scenario in 2022-2023

By Garvit Vyas , 22 February, 2023

It is a longer and more complicated process to get the right to live and work in another country. Wealthy people can buy the right to residency with Golden Visa. Different ways to get citizenship of a nation- being born there or a descendant of one of its citizens, through adoption, marriage, or naturalization are the ways one could get citizenship of the respective country.

According to reports, Brexit may limit the rights to buy a golden visa, but the popularity is growing among people in European countries to get it. Reports also say American applications are expected to rise due to the US's disturbed social and political environment. As noted by the famous passporting firm, Get Golden Visa, 2022 will be "its busiest year yet."

European Union once said that these schemes threaten the security values and transparency that underpin the European Union project. In February 2022, the UK government decided to scrap its golden visa scheme to clamp down on dirty money from Russia, as per the reports.

Reports reveal that Ireland also prevented its golden visa scheme through the Immigrant Investor Programme, which offered Irish residence in return three-year annual euro 1 million investment in the country.

Malta is of those countries that still offer golden passports in the EU. The minimum investment is euro 690,000 that offers citizenship for between 12 and 36 months.

On the other hand, Portugal lays out the best scheme for those looking to get a residence by investment. According to Portugal's national law agency LUSA, there were euro 398 million to the country through golden visas.

Golden Visa Eligible Areas

areas.jpg

Latest News

2024.png
Digital Transformation Slows Down the Global Economy

Globally, the nations are facing downward momentum in their economic activities. The financial condition of advanced economies is declining rapidly in 2024. Surveys suggest that advanced economies are facing economic challenges due to various…

Read More

systems.png
German Companies’ Joint Venture to Boost Large Scale Storage in 2024

The growing clean energy transition process is forcing companies to make significant decisions regarding the storage of clean energy. Germany's energy market surges in power with necessary steps towards uplifting clean energy. The increasing…

Read More

Gamble.png
Consumers Behavior Makes Food and Beverage Companies World Leaders in FMCG Rankings

Fast moving consumer goods (FMCG) are the important goods that consumers use in their daily activities. These products are otherwise known as consumer-packaged goods, thus, they include a range of products, such as food and beverages, healthcare…

Read More

emission.png
Need of More Renewable’s Growth to Replace Fossil Fuel’s Dominance in 2024

The energy sector will go through dynamic changes in 2024. This is due to the rapid growth of the clean energy transition in the energy sector. Hence, renewables like wind and solar energy are gaining momentum in the market. However, fossil fuels…

Read More

2024.png
Global Economy Attains Stability, may Affect Consumers Behavior

The global economy faces new challenges in 2024 that economically represent both positive and negative aspects. According to survey data, the global economy will stabilize for the first time in three years. The world economy will experience economic…

Read More

Author Pic
Garvit Vyas

Analyst