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35 Shares Residence by investment programmes are available in several EU countries. These programmes grant visas in return for investments in specified areas. Drawing on a new study, Kristin Surak examines the uptake of these programmes across the EU, the characteristics of applicants, and the nature of their investments. Who wants to buy a visa? The spread of so-called golden visa programmes over the past decade has raised many questions about these opportunities to gain a residence permit – for those who can afford it. All one needs to do is park around €250,000 or so in a specified investment area – usually real estate, bank deposits, or government bonds – and go through a standard application process, which can take just a few weeks. Spouses, children, and sometimes even parents can be included on the application, securing residence benefits for the whole family. Such programmes can be found around the world and are quite common in Europe, where half of

North westSouth africaUnited statesUnited kingdomSaint kittsKwazulu natalKristin surakDepartment of justiceOffice of citizenshipMinistry of foreignAsylum officeHome officeMigration affairsEuropean affairsMinistry of laborNaturalization service