5 Countries Offering Golden Visas and Their Costs

The United Arab Emirates government has started a brand-new Golden Visa for Indians, which will be based on nomination, as opposed to spending large sums of money on buying a property or investing in the country.

India and Bangladesh have been selected for the first phase of testing this visa, and a consultancy named Rayad Group has been chosen to test the initial form of the nomination-based golden visa in India.

Golden visas are often popular among those who want to leave their country and settle abroad permanently. A golden visa gives high-net-worth individuals (HNWIs) the option of physically relocating to a country of their choice either right away or after their retirement. When they acquire the golden visa, these HNWIs become residents of that state with full legal rights, including the right to live, work, study, and receive healthcare in that country.

Golden visas are associated with residence by investment and are offered by countries like the US, UAE, New Zealand, and more under different programs. Here are five countries that offer golden visas and their costs:

UAE: The UAE's new Golden Visa for Indians will be based on nominations. Cost: AED 1,00,000 (around ₹23.30 lakh)

United States: The Trump Gold Card visa costs $5 million.

New Zealand: The Active Investor Plus Visa starts at NZD 5 million.

Canada: The Start-Up Visa Program costs $215,000 to $275,000.

Singapore: The Global Investor Program offers permanent residence in 9 to 12 months.

According to the source: Mint.