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Where to Get a Golden Visa for 2 million Dirhams and Below?
In recent times, Golden Visa programs have become a popular pathway for expats and high-net-worth individuals seeking to live, work, and invest in their desired country of choice. Golden Visa programs provide attractive benefits such as long-term residency and the opportunity to reside in a vibrant lifestyle, making them a secured route to a prosperous future for your family.
This blog will guide you through the various golden visa programs, the benefits of a Golden Visa, and the investment opportunities available for obtaining a Golden Visa for 2 million Dirhams and below. We will also provide insights to help you navigate the process seamlessly without any stress.
What is a Golden Visa?
Golden Visa programs, often known as residency by investment programs, provide individuals the opportunity to invest in a country in exchange for long-term residency status in the country.
These programs provide investors and families with a better standard of life among other benefits. The processing time and investment options for each program vary depending on the country’s requirements.
Benefits of Golden Visa
Golden Visa programs facilitate a range of advantages that assist individuals in enhancing their lifestyle in numerous ways. Some of the key benefits of Golden Visa programs are-
- Global Travel Flexibility: By becoming a resident of a country, individuals can optimize their travel flexibility. This allows ease of travel for work or leisure purposes without strict visa requirements.
- Access to Excellent Education and Healthcare: Individuals can access world-class amenities in their country of residence. This includes premium educational institutions for your children’s bright future as well as an assurance in times of medical needs by the country’s well-developed healthcare systems.
- Business Opportunities: Investors can leverage a golden visa to their advantage and open a business in their country of residence or expand their existing business with several financial perks like wealth diversification, access to new markets, etc.
- Quality of Life: Obtaining a golden visa provides families with the opportunity to enhance their quality of life through access to leading services such as public facilities, education, business opportunities, healthcare, and lifestyle amenities. This fosters overall well-being and offers peace of mind, ensuring a secure and thriving future.
- Path to Citizenship: Golden Visa programs offer individuals a potential pathway to citizenship upon meeting specific residency requirements, which may vary from country to country. This initiative enables families to establish long-term security and stability for future generations.
Eligibility Requirements for Golden Visa
Golden Visa programs follow a systematic due diligence process. The eligibility requirements to obtain a golden visa are-
- The applicant must be over 18 years old
- The applicant must have sufficient finances and provide all sources of funds.
- The applicant must possess no criminal record
- The applicant must have medical insurance and no serious illnesses.
Please note: Some programs may require additional requirements such as language & cultural tests.
Four Golden Visa Programs to Consider
Golden Visa programs offer a pathway to global opportunities and enhanced quality of life. Each program provides distinct benefits and options that can suit your personal and financial objectives. Let’s explore four Golden Visa programs that offer flexible investment opportunities below 2 million dirhams.
- United Arab Emirates (UAE)
The golden visa program of UAE stands out as the top choice for acquiring a golden visa. The country offers individuals and families a ten-year residency visa with no residency requirements, making the process the most convenient option for gaining long-term residency.
The country is also famously known as a tax haven, with no personal income taxes or corporate taxes in free zones. It also allows investors to have exclusive property ownership rights.
Regarded as the safest city in the world, UAE provides families with the highest quality of life and access to premium facilities promising individuals with fulfilling future.
- Minimum Investment Amount to receive UAE Golden Visa: AED 2 million
- Residency Status – Ten-year renewable residency visa
- Greece
Greece’s Golden Visa program provides a pathway to EU residency with an affordable investment threshold. It allows families direct visa-free access to the Schengen region, a high quality of life, and a potential path to citizenship after maintaining seven years of residency.
There is no residency requirement to obtain or renew your golden visa, making the process efficient and convenient.
Greece is particularly noteworthy for its beautiful Mediterranean lifestyle ensuring your loved ones experience new cultures, diverse environments, and delicious cuisine. Greece also provides various tax incentives for residents, allowing individuals to optimize their financial management.
- Minimum Investment Amount: €400,000 (approximately AED 1.6 million)
- Residency Status: Five-year renewable residency visa
- Cyprus
The Golden Visa program of Cyprus enables individuals to obtain residency through investment in real estate projects in the country. The program is known for its straightforward application process and fast track to residency.
Cyprus offers visa-free access to the EU countries, a favourable tax regime with no taxes on wealth, inheritance, income on dividends, etc., a high standard of living, and more. It also provides families with a potential path to citizenship after completing 8 years of residency.
Cyprus is known for its exquisite history, stunning beaches, and monuments making the country an ideal place for families seeking a buzzing lifestyle.
- Minimum Investment Amount: €300,000 (approximately AED 1.2 million)
- Residency Status: Five-year renewable residency visa
- Malta
Malta offers a unique combination of investment options to gain residency in its Golden Visa program, making it an attractive option for investors. The investment options include real estate purchases, government contributions, and donations.
Malta offers visa-free access to the Schengen Area, the right to work and live in Malta, an exceptional standard of living, and much more.
The country is known for its historical sites alongside picturesque destinations ensuring you and your family’s growth and success.
- Minimum Investment Amount: €300,000 (approximately AED 1.2 million) for real estate, plus additional government contributions or donations.
- Residency Status: Five-year renewable residency visa
Golden Visa programs present an excellent opportunity for high-net-worth individuals and expats to gain long-term residency in desirable locations. The UAE, Greece, Cyprus, and Malta all offer unique benefits and investment options below 2 million Dirhams.
When considering a Golden Visa, it’s crucial to research and seek professional advice to navigate the requirements and make an informed decision. With the right investment, you can open doors to a new lifestyle, and global travel flexibility, and secure your family’s future in a thriving environment.
Get in Touch
Considering embarking on the journey towards a second citizenship through investment? We’re here to guide you every step of the way. Our team of experts is just a call or an email away, ready to provide you with bespoke advice tailored to your unique needs. Reach out to us on +971 4 393 0 393 or drop us an email at info@uno-capital.com.
For your convenience, our contact form is also available for any inquiries or to schedule a consultation. Let us help you navigate the path to your new citizenship, ensuring a seamless and secure investment process.
