Golden Visa 2024

In a world where opportunity crosses borders, the Gold Visa 2024 becomes the key to global privilege. So what is this visa and why is it in such demand? The Golden Visa is a special program for foreign investors that grants the right to reside in a selected country in exchange for significant investment in that country's economy.

This visa opens the door to a host of benefits, including long-term residency, business opportunities, access to quality education and healthcare, and in some cases, even a pathway to citizenship. Golden Visa programs are active in countries such as Portugal, Spain, Greece, Malta, Cyprus and UAE, each offering their own unique conditions and requirements.

Let's understand below what benefits the Golden Visa brings and which countries offer the most attractive conditions for investors in 2024.

Golden Visa to UAE

Who is eligible to receive

The following categories of people can apply for a Golden Visa to the UAE:

• Scientists, PhDs, and data scientists
• Executive directors and senior executives
• Physicians
• Outstanding students (application can be made by their family members)
• Graduates with a GPA of 3.8 or higher
• Financial Investors
• Persons investing in real estate
• Entrepreneurs
• Engineers working in the fields of computer science, electrification, electronics, programming and biotechnology

What it gives

1. Attractive business and tax climate
   UAE residents are exempt from paying income and corporate taxes. Also, their property is not taxed. VAT is only payable if annual income exceeds AED 365,000 (about $99,373). The UAE has double tax treaties with over 100 countries, including France, the UK, Canada, Russia, India and China.
2. Quality healthcare
   Healthcare in the UAE is of a high standard. According to the World Bank, the country is one of the popular medical tourism destinations.
3. Developed infrastructure for living and recreation
   UAE is known for its developed economy and infrastructure. In 2021, Dubai ranked 5th in the rating of the hundred best cities in the world according to Resonance Consultancy, which takes into account tourist attractiveness, convenience for living and working, as well as conditions for doing business.
4. Freedom of movement
   Residents are granted the right to live in the UAE but are not obliged to stay permanently in the country.

Requirements

Investor Requirements:

• Investment of at least AED 2 million invested in the authorized capital of the company or investment fund.
• The investment must not be obtained on credit; documents confirming this must be provided.
• The applicant's family may also apply for a long-term visa.

For professionals and students. Gold Visa applications can be made by:

• Faculty members from top 500 international universities recognized by the UAE Ministry of Education.
• Individuals who have awards or certificates of appreciation in their field.
• Scientists who have made significant contributions to their field of study.
• Medical professionals with at least 20 years of practical experience in medicine.
• Graduate students with high academic standing and a grade point average of 3.75 or higher.
• High school students with the best grades in the country, minimum grade point average of 95% in certified public or private schools.

Leadership requirements:

• Possession of a bachelor's degree.
• At least five years of experience.
• Monthly salary of at least AED 50,000 under a legal employment contract.
• Availability of health insurance covering all family members.

Requirements for people with special talents:

• Doctors licensed in Dubai.
• Programmers applying through the Office of Artificial Intelligence in the UAE government.
• Experts in layout and programming working in leading technology companies, graduates of computer academies, specialists in artificial intelligence and software development.

Requirements for persons investing in real estate:

• Real estate investment of at least AED 2 million.
• The investment must be provided in full and not taken on credit.
• Confirmation from the Land Department of ownership of one or more properties worth at least AED 2 million.

Available programs

You can get more information about UAE Golden Visa on our website. We provide services in obtaining citizenship for investment, obtaining a golden visa or residence permit in different countries of the world. Our specialists will gladly help you to collect and execute the necessary documents, choose the most suitable investment option and avoid bureaucratic hassles on the way to visa freedom.

Golden Visa in Hungary

What it gives

1. Visa-free travel in Europe
   Resident status in Hungary gives you the opportunity to travel to Schengen countries without a visa. In addition, visa-free entry is possible to countries such as Romania, Bulgaria, Cyprus, Croatia and Switzerland. You can stay in any of these countries for up to 90 days in every 6 months.
2. Attractive real estate market
   Real estate prices in Hungary are considerably lower than in London or Paris, being around 20% of similar properties. In Budapest and its suburbs you can buy modern apartments, historic apartments, city mansions or country houses.
3. The possibility of long-term residence for the whole family
   The Golden Visa to Hungary allows the entire family, including spouses and children under the age of 18, to obtain a residence permit. Financially dependent parents can apply for a residence permit after the investor becomes a resident of Hungary. The residence permit is issued for a period of up to 10 years with the possibility of a one-time extension for the same period.
4. Access to public healthcare
   Hungarian residents have access to public medical services. Local hospitals and polyclinics offer preventive programs, vaccinations and regular medical check-ups. Most medical services are free of charge or for a nominal fee.
5. Low cost of living
   Life in Hungary is considerably cheaper compared to other European countries. According to Eurostat, the price level index in Hungary is on average 32% lower than in Germany, France or Italy.
6. Opportunity to open a business
   Holders of a residence permit in Hungary can open their own business or work for local companies. The corporate tax rate is 9%, which is the lowest among the European Union countries.
7. Fewer requirements for investors
   There are no language tests or medical certificates required to obtain a Golden Visa to Hungary. There are also no mandatory residency requirements, unlike regular residence permit holders who are not allowed to leave Hungary for more than 3 consecutive months.

General requirements for obtaining

• Age over 18 years.
• A valid passport.
• Health insurance or sufficient savings to cover possible medical expenses.
• No criminal record.
• Proof of funds necessary to cover travel and accommodation in Hungary.
• Documents confirming the legality of the origin of the funds to be invested.
• Absence of a ban on entry and stay in Hungary.
• No migration offenses in the visa history.
• The applicant is not a citizen of the European Union or the European Economic Area.

What more can be added

Golden visa to Hungary can be obtained for the purchase of residential real estate, units of local investment funds or support of higher education institutions in Hungary.

Applications from buyers of investment fund units will be accepted from July 1, 2024. The opportunity to purchase real estate and obtain a Golden Residence Permit will open from January 1, 2025.

A spouse and children under the age of 18 can be included in the application for a Golden Visa. For financially dependent parents, it is recommended to apply for a residence permit after the investor becomes a resident of Hungary.

To enter the country, the applicant first obtains an investor visitor visa. The investment must be made within 3 months of first entering Hungary on this visa.

A residence permit for investment is granted for a period of up to 10 years. After this period, the residence permit can be extended for the same period provided the investment is maintained.

Available programs

You can get more information about Hungarian Golden Visa on our website. We provide services in obtaining citizenship for investment, obtaining a golden visa or residence permit in different countries of the world. Our specialists will gladly help you to collect and execute the necessary documents, choose the most suitable investment option and avoid bureaucratic hassles on the way to visa freedom.

Golden Visa to Spain

The main ways of obtaining

1. Purchase of real estate
   Purchase real estate in Spain in the amount of at least 500 thousand euros and own it for the entire period of validity of the investment residence permit.
2. Bank deposit
   Deposit 1 million euros in a bank deposit in one of the financial institutions in Spain.
3. Investment in shares
   Invest at least 1 million euros in shares in companies registered in Spain.
4. Government debt
   Invest a minimum of €2 million in Spanish government debt obligations.
5. Business project
   Realize a business project that contributes to creating new jobs, stimulating economic development or innovation in Spain.

What it gives

1. Freedom to travel
   Holders of a residence permit can travel freely within the Schengen area, enjoying the benefits of visa-free travel.
2. Doing business
   Holders of the Golden Visa have the right to do business in Spain, which promotes entrepreneurial activity.
3. Financial transactions
   Residency allows you to open bank accounts in Spain and other EU countries, using all available banking services.
4. Flexible conditions of residence
   To maintain residency status it is not necessary to reside in the country for more than 183 days a year; only 7 days a year is sufficient. This is convenient for those who do not plan to live permanently in Spain.
5. Residency for the whole family
   A residence permit can be issued not only for the investor, but also for his immediate family, including spouse and children.
6. Citizenship
   After 10 years of residence in Spain, investors can apply for citizenship.
7. Health care
   Residence permit holders have access to a wide range of medical services through the insurance system, often at no additional cost.
8. EU driving license
   Residency allows you to obtain an EU driving license and to purchase and register a car.
9. Children's education
   Children of investors are entitled to attend local schools and universities, both public and private.
10. Tax policy
    There is no requirement to become a tax resident if the stay in the country is less than 183 days per year.
11. No language barrier
    No Spanish language or history exams are required to obtain a residence permit or citizenship.

Basic requirements for obtaining

• Legality of origin of funds: The investor must provide evidence of the legal origin of the funds to be used for the investment. This may include income documents, bank statements and other financial documents.
• No criminal record: The investor must not have a criminal record within the last five years. Relevant law enforcement certificates from all countries where the applicant resided during this period must be provided.
• No tax debts: The investor must prove that there are no tax debts owed to the Spanish tax authorities. This includes the submission of certificates of tax payments and other financial obligations.
• Clean visa history: The investor must have no visa irregularities or restrictions on entry to European Union countries. This is verified on the basis of previous trips and visa applications.
• Absence from sanctions lists: The investor must not be included in the EU sanctions lists. This means that the applicant should not be subject to any economic or political sanctions.
• Security: The investor must not pose a threat to the national security of Spain or other EU countries. This is verified through the relevant security and law enforcement services.
• Health: The investor must have medical certificates confirming the absence of communicable diseases that pose a threat to public health. This includes tests for diseases such as tuberculosis, hepatitis and others.

Available programs

You can get more information about Spanish Golden Visa on our website. We provide services in obtaining citizenship for investment, obtaining a golden visa or residence permit in different countries of the world. Our specialists will gladly help you to collect and execute the necessary documents, choose the most suitable investment option and avoid bureaucratic hassles on the way to visa freedom.