The ultrawealthy are still on the quest for Golden Visas, and investment immigration and relocation provider Astons has the list of which countries are on the top of their lists for the holidays.
£2 million ($3 million). Montenegro is relatively affordable, with a minimum investment that costs just over £300,00 ($400,000.)
Many countries have these Golden Visa programs also known as citizenship by investment or residency by investment programs where ultrawealthy individuals can invest in a country in exchange for citizenship or residency.
The investment qualification varies depending on the country but can include anything from real estate to charity donations.
Interests in these programs have skyrocketed amid the pandemic, as the ultrawealthy look for ways they can continue to travel. For instance, Recode s Theodore Schleifer reported that billionaire Eric Schmidt has applied for a Cyprus citizenship, which could give him personal tax benefits and allow him t
The top 10 Golden Visas the ultrawealthy are scrambling to get ahead of the holidays
The top 10 Golden Visas the ultrawealthy are scrambling to get ahead of the holidayshttps://www.businessinsider.in/thelife/news/the-top-10-golden-visas-the-ultrawealthy-are-scrambling-to-get-ahead-of-the-holidays/slidelist/79668969.cms2020-12-11T00:29:29+05:30
2020-12-10T23:48:11+05:30
The top 10 Golden Visas the ultrawealthy are scrambling to get ahead of the holidays
Dominic-Madori Davis,Juliana KaplanDec 11, 2020, 00:29 IST
Senglea marina in Grand Bay, Valetta, Malta.Dado Daniela/Getty Images
Astons, an investment immigration and relocation provider, has released its list of the most popular Golden Visas wealthy individuals are looking to obtain this holiday season.
The list includes countries such as Cyprus, Malta, and Jersey, where the minimum cost of investment in order to obtain a Golden Visa can run into the millions.