In a groundbreaking revelation that underscores the transformative potential of European Residency and Citizenship Investment Programs, commonly known as Golden Visas, a recent report from SchengenVisaInfo.com has revealed that an astounding number of over 132,000 individuals have successfully obtained European citizenship, such as Portugal, Greece, Italy, and Spain, for a period from 2011 and 2019, through these initiatives.
This remarkable figure not only validates the efficacy of these programs but also highlights their profound impact on global mobility and citizenship dynamics.
The realm of global citizenship has been significantly reshaped by the emergence of Golden Visas, which offer high-net-worth individuals a pathway to secure residency and, in some cases, full citizenship in European countries.
The process typically involves sizeable investments in the host nation’s economy, often spanning real estate, businesses, or government bonds. In return, investors and their families gain the privileges of residency, and, after a predefined period, the potential to attain full European citizenship.
The recent report released by SchengenVisaInfo.com sheds light on a staggering milestone: more than 132,000 individuals have acquired European citizenship through Golden Visas. This number signifies a diverse range of investors, entrepreneurs, and families who have successfully navigated the journey from residency to citizenship, fueled by the promise of enhanced opportunities, global mobility, and the allure of European lifestyles. This monumental figure stands as a resounding testament to the popularity and effectiveness of Golden Visas as a gateway to a new life.
Besides, in 2022, 1,218 golden visas were issued by authorities in Portugal. At the same time, in the first six months of this year, the country saw 861 applications, compared to 624 submitted last year’s same period.
Greece received a total of 4,365 golden visa applications last year, of them 2,432 in the last quarter of 2022 alone.
Authorities in Spain granted a total of 2,462 golden visas last year, thus accounting for an increase of 60 per cent from 2021 statistics.
