Summary
The article discusses the growing interest amongst Americans in obtaining "golden visas," which allow for long-term residency or citizenship in exchange for investment, primarily in foreign countries. New Zealand is a popular destination, but there are 11 other countries where visas under $100,000 are available.
Key Facts
- "Golden visas" offer long-term residency or citizenship in exchange for financial investment.
- Americans are currently the top applicants for New Zealand's updated golden visa program.
- New Zealand's program requires applicants to buy homes worth over $5 million.
- There are 11 countries offering golden visas for less than $100,000, according to International Living.
- Armenia requires business engagement with no physical presence needed for a $5,000 cost.
- Thailand offers different residency lengths based on investment size, costing $19,000-$26,000.
- Nicaragua allows investment in real estate or businesses for a $30,000 cost, leading to citizenship after four years.
- Philippines offer permanent residency through a $75,000 investment in stock exchange securities.
