The golden visas of Portugal, Spain, Malta and Greece are the most sought after
There has been a significant increase in the interest of American citizens in the "Golden Visa" programs of European countries, especially among financial professionals and technology entrepreneurs, writes Schengen News. , reports Kamatica. Political instability and the presidential election in the United States of America are key reasons why Americans are turning their eyes to residency and citizenship-by-investment programs in several European Union countries. These programs allow wealthy foreigners to obtain residency and citizenship in exchange for financial investment while meeting certain requirements.
According to a survey by Arton Capital, 53 percent of wealthy Americans think they are more likely to leave the US after the election, regardless of the outcome of the vote. This tendency is particularly pronounced among millionaires aged 18 to 29, with 64 percent of them showing a strong interest in the Golden Visa and Golden Passport programs. A Newsweek report indicates that Europe's most sought-after Golden Visa programs remain in Portugal, Greece, Malta and Spain, despite recent changes, Kamatica reported.
While Portugal and Spain have removed the real estate investment option from their Golden Visa programs, Greece has decided to increase the minimum required investment through the real estate option in its program. However, real estate experts in Portugal and Spain claim that the cancellation of this option has not had a negative impact on the programs of these countries. In contrast, a specialist in international mobility in Spain, Juan Carlos Lois, points out that this abolition has led to an increase in demand for Spanish golden visas among foreigners, especially Americans. By the way, since the beginning of 2024, interest in Portugal's Golden Visa has increased four times compared to the same period last year.