Thursday, November 14, 2024

Golden visa schemes pumped $80 billion into countries running them

Golden visa schemes that offer residency rights to foreigners in exchange for  investments. The whole industry is expected to generate around $10 billion annually.

 

The popular investment options are real estate, government debts or bonds and business. Property buyers and investors are not required to permanently live in the country.

 

United Kingdom, Canada, and United States have the oldest RBI/immigrant investor schemes in the world since the 1990’s

 

We did a quick study on the volume of total investments received by these schemes since the inception

 

  • RBI/Golden visa schemes pumped $81 billion into countries offering these schemes
  • The US, Canada and Australia emerge as leading investment destination for immigrant investors.
  • The US alone received almost half of the investment (over $35 billion) among all the countries running such schemes.
  • European countries received some $24 billion all the countries combined.
  • UK received £4.7 billion investment through investor visa scheme.
  • Cyprus received biggest investment in Europe more than Portugal

 

US/Canada: $47 billion
Europe: $24 billion
Australia/New Zealand: $9.5 billion

 

Inception Total Investment  US Dollars
United States 1990 $35.5 billion $35.5B
Canada 1986 C$16.0 billion $12.1B
Australia 2012 A$ 10.1 billion $7.45B
United Kingdom 1994 £4.7 billion $6B
Portugal 2012 €4.0 billion $4.5B
Greece 2014 €1.0 billion $1.1B
Spain 2013 €3.0 billion $3.4B
New Zealand 2009 N$ 2.9 billion $2B
Ireland 2012 €0.2 billion $0.23B
Malta 2014  €1.0 billion $1.1B
Cyprus 2013 €4.8 billion $5.4B
Latvia 2010 €1.9 billion $2.1B
Bulgaria 2009 €0.17 billion $0.20B
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Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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