A Golden Visa is an immigration program that allows affluent individuals to obtain a residence permit or even citizenship in another country by purchasing property, making a significant investment, or providing a substantial donation. The required investment varies by country and can range from $250,000 to several million dollars.
When you make the necessary investment and apply for a Golden Visa, you and your family members can become legal residents of that country. This residency status allows you to live there, attend school, and access healthcare services.
While a Golden Visa grants a residence permit, it typically involves a more extended process to obtain citizenship. A Golden Visa can eventually lead to citizenship, but it usually requires several years of residency in the country. For instance, if you apply for a Spanish Golden Visa, you will receive a residence permit even if you do not intend to live in Spain continuously. However, to apply for citizenship, you must reside in Spain for ten consecutive years and demonstrate ties to the country, such as language proficiency.