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Visa Types & Travel Authorisations

Golden Visa

Definition

A Golden Visa is a residence-by-investment programme that grants residency rights in exchange for a qualifying investment — such as a fund subscription, business, or donation. Terms vary widely by country and change frequently: Spain closed its scheme in 2025 and Portugal removed its real-estate route in 2023, so always verify current rules.

How Golden Visas work

A Golden Visa lets a non-national obtain residency by making a qualifying investment in the host country. Historically this included real-estate purchases, but many programmes have moved toward investment funds, business capital, job creation or cultural donations. In return, investors — and often their family members — gain the right to live in the country, and sometimes a path toward permanent residence or citizenship.

Programmes typically set minimum investment amounts, physical-stay requirements and renewal conditions. Because these figures change often, treat any specific threshold as indicative and confirm it against the official source before advising a client.

Rules are changing fast

European schemes have tightened sharply. Spain ended its Golden Visa in 2025, and **Portugal** removed the real-estate investment route in 2023, retaining fund-based and other options. Several other countries have amended or closed their programmes amid concerns about housing affordability, security and money-laundering oversight.

Because of this volatility, do not present any programme's rules, minimums or availability as permanent. Investment-migration clients need current, verified guidance, and agencies often manage these high-value cases separately — see Golden Visa management.

What it means for visa agencies

Golden Visa cases are high-value, document-heavy and span months or years of renewals. VisaCRM can track each investor's documents, deadlines and family members in one place and keep status visible, while the agency provides the up-to-date programme advice.

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Frequently asked questions

What is a Golden Visa?

A Golden Visa is a residence-by-investment programme: a country grants residency rights to a foreign national who makes a qualifying investment, such as a fund subscription, business capital or a cultural donation. It often extends to family members and can, in some countries, lead toward permanent residence or citizenship over time, subject to each programme's conditions.

Which countries still offer Golden Visas?

The list changes frequently. Spain ended its programme in 2025, and Portugal removed the real-estate route in 2023 while keeping other options. Several countries have amended or closed their schemes in recent years. Because availability and terms shift often, always check the official government source for the country in question before relying on any programme.

How much do you need to invest for a Golden Visa?

Minimum investment amounts vary widely by country and route — for example fund subscriptions, business investment or donations — and they are revised regularly. Any figure quoted online can quickly go out of date. Treat published minimums as indicative only and confirm the current threshold with the official immigration authority before committing to a programme.

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