Analysis of information sources in references of the Wikipedia article "Immigrant investor programs" in English language version.
Over the last decade, more than 100,000 Chinese have poured at least $24 billion into "golden visa" programs across the world, an Associated Press analysis has found. These programs offer residence in exchange for investment in a country's businesses. Nowhere is Chinese demand greater than in the United States, which has taken in at least $7.7 billion and issued more than 40,000 visas to Chinese investors and their families in the past 10 years, the AP found.
A Biden administration official described the golden passports as a loophole that allows wealthy Russians connected to the Kremlin to become citizens in other countries and access certain financial systems.
Golden visa holders can sponsor their family members including spouses, children and support staff without any limit, and the visa is renewable, as long as you meet the required conditions for it. Also, there is no restriction on the maximum duration of stay outside the UAE in order to keep the Golden Residency valid.
EB-5 program experienced an overhaul with passage of new legislation called the EB-5 Reform and Integrity Act (RIA) in March 2022.
The E-2 investor visa allows foreign investors only from specific Treaty Countries, to invest in a business in the US and through this investment, live and work in the business legally in the US. Many individuals from Treaty countries have utilized this visa to access the US due to its shorter processing times.
Portugal will end its golden visa programme, which offers residency rights to non-EU nationals in return for investments including in real estate and has been criticised for boosting house prices and rents. Successful applicants can apply to obtain a passport after five years.The scheme attracted 6.8 billion euros in investment since its launch in 2012, with the bulk of the money going into real estate.
This shift was part of a broader effort to address housing affordability issues in Portugal and redirect foreign investments towards more diversified economic sectors.
Spain's neighbor Portugal recently stopped allowing foreigners to obtain residency rights through real estate purchases, although investors who invest 500,000 euros in some funds still qualify, according to Reuters.
Over the last decade, more than 100,000 Chinese have poured at least $24 billion into "golden visa" programs across the world, an Associated Press analysis has found. These programs offer residence in exchange for investment in a country's businesses. Nowhere is Chinese demand greater than in the United States, which has taken in at least $7.7 billion and issued more than 40,000 visas to Chinese investors and their families in the past 10 years, the AP found.
A Biden administration official described the golden passports as a loophole that allows wealthy Russians connected to the Kremlin to become citizens in other countries and access certain financial systems.
