Golden Visa's - anyone made the move?
Golden Visa's - anyone made the move?
Author
Discussion

Rich_

Original Poster:

1,996 posts

228 months

Thursday 2nd April
quotequote all
I'm currently looking at this option and keen to hear from anyone who's made the move to somewhere that offers a golden visa.

I understand there's many options such Latin America, EU and even parts of Asia.

Anyone care to share some success stories? Portugal is off the list, I don't fancy dropping 500k in investments).


Gary C

14,765 posts

203 months

Thursday 2nd April
quotequote all
Is this some sort of sexual deviancy smile

Rich_

Original Poster:

1,996 posts

228 months

Thursday 2nd April
quotequote all
Gary C said:
Is this some sort of sexual deviancy smile
Depends on which country you're thinking of....

Gary C

14,765 posts

203 months

Thursday 2nd April
quotequote all
Rich_ said:
Gary C said:
Is this some sort of sexual deviancy smile
Depends on which country you're thinking of....
biglaugh

smifffymoto2

81 posts

5 months

Thursday 2nd April
quotequote all
Cambodia,you just buy a visa,easy as that apparently.

Rich_

Original Poster:

1,996 posts

228 months

Thursday 2nd April
quotequote all
smifffymoto2 said:
Cambodia,you just buy a visa,easy as that apparently.
$100k investment. Seems most are $100k-$500k.

But anyone on here actually done it?

RammyMP

7,531 posts

177 months

Friday 3rd April
quotequote all
My SIL has got a Portuguese golden visa, it took her about 5 years but I think she employed a solicitor to sort the paperwork and they were st. She bought a €600k villa to qualify. I think it cost her a couple of grand in solicitors fees as well but I think she was badly advised by one of her ‘friends’ who lives in Portugal.

Rich_

Original Poster:

1,996 posts

228 months

Friday 3rd April
quotequote all
RammyMP said:
My SIL has got a Portuguese golden visa, it took her about 5 years but I think she employed a solicitor to sort the paperwork and they were st. She bought a 600k villa to qualify. I think it cost her a couple of grand in solicitors fees as well but I think she was badly advised by one of her friends who lives in Portugal.
Yeh Portugal stopped the property purchase option in 2023.

Thankyou4calling

10,885 posts

197 months

Friday 3rd April
quotequote all
My take on moving to another country.

A lot of people think it's simple, costs next to nothing and administratively other countries are very lax and if a problem arises you can bribe your way to your goal.

This may have been the case 20 years ago but now ......I'm not so sure.

Most places it seems there are an awful lot of hoops to jump through and you need to be prepared to spend some serious money.

Often people quote from friend of a friend but when you dig deeper it's not so straightforward.

Happy to be proved wrong with examples.


Rushjob

2,281 posts

282 months

Friday 3rd April
quotequote all
Thankyou4calling said:
My take on moving to another country.

A lot of people think it's simple, costs next to nothing and administratively other countries are very lax and if a problem arises you can bribe your way to your goal.

This may have been the case 20 years ago but now ......I'm not so sure.

Most places it seems there are an awful lot of hoops to jump through and you need to be prepared to spend some serious money.

Often people quote from friend of a friend but when you dig deeper it's not so straightforward.

Happy to be proved wrong with examples.
Certainly for Europe I think you're correct.

From personal experience, UK to France in 2015 was pretty much a doddle, moved over said Hi and got on with it.

France to Spain in 2024 was and remains a bloody nightmare - lots of hoops, some can be expensive if you don't have the confidence to work through things yourself and the bureaucracy / delays in anything happen are by comparison worlds apart from post Brexit France.

Can't see us staying here in the long term, we'll probably end up back in France in the next couple of years whilst we still retain residence rights.

Rich_

Original Poster:

1,996 posts

228 months

Friday 3rd April
quotequote all
Thankyou4calling said:
My take on moving to another country.

A lot of people think it's simple, costs next to nothing and administratively other countries are very lax and if a problem arises you can bribe your way to your goal.

This may have been the case 20 years ago but now ......I'm not so sure.

Most places it seems there are an awful lot of hoops to jump through and you need to be prepared to spend some serious money.

Often people quote from friend of a friend but when you dig deeper it's not so straightforward.

Happy to be proved wrong with examples.
I've lived all over the place, so not an issue or concern in that aspect. And yes, it's NEVER straight forward.



andrebar

523 posts

146 months

Friday 3rd April
quotequote all
smifffymoto2 said:
Cambodia,you just buy a visa,easy as that apparently.
It was like that until they sussed Gary Glitter out. Not so sure the ‘no questions asked’ visas are still available.

StevieBee

14,892 posts

279 months

Friday 3rd April
quotequote all
If you're looking to move to a different country, I'd suggest the decision as to which one should be governed by many things, none of which include consideration of the 'golden-visa' status.

If you have genuine need for regular and friction-less travel then your choice should be governed by the places you travel to most frequently. So for Europe, you're restricted to those countries signed up to Schengen, for the Middle East, UAE, etc...

If you're looking at Europe, Cyprus is worth a look.


rdjohn

7,014 posts

219 months

You don’t need a Golden Visa to retire to France, or Spain. You simply need to be able to demonstrate that you are self sufficient. The days of being a free-loader in the EU are gone.

Condi

19,801 posts

195 months

The EU has been cracking down on Golden Visa's since they realised it was mostly Russians and Chinese buying their way in and some states making a lot of money by selling people the right to live and work in Europe.

Rich_

Original Poster:

1,996 posts

228 months

rdjohn said:
You don t need a Golden Visa to retire to France, or Spain. You simply need to be able to demonstrate that you are self sufficient. The days of being a free-loader in the EU are gone.
Not retiring just yet smile

Rich_

Original Poster:

1,996 posts

228 months

StevieBee said:
If you're looking to move to a different country, I'd suggest the decision as to which one should be governed by many things, none of which include consideration of the 'golden-visa' status.

If you have genuine need for regular and friction-less travel then your choice should be governed by the places you travel to most frequently. So for Europe, you're restricted to those countries signed up to Schengen, for the Middle East, UAE, etc...

If you're looking at Europe, Cyprus is worth a look.
Having residency that not tied to a employment visa is up there amongst the other factors for sure.

Yes, Cyprus is a good option.

dunkind

530 posts

44 months

Rich_ said:
StevieBee said:
If you're looking to move to a different country, I'd suggest the decision as to which one should be governed by many things, none of which include consideration of the 'golden-visa' status.

If you have genuine need for regular and friction-less travel then your choice should be governed by the places you travel to most frequently. So for Europe, you're restricted to those countries signed up to Schengen, for the Middle East, UAE, etc...

If you're looking at Europe, Cyprus is worth a look.
Having residency that not tied to a employment visa is up there amongst the other factors for sure.

Yes, Cyprus is a good option.
I don’t think there are any golden visas anymore in Cyprus.

Condi

19,801 posts

195 months

dunkind said:
I don t think there are any golden visas anymore in Cyprus.
Nope.... was effectively closed down by the EU...

Condi said:
The EU has been cracking down on Golden Visa's since they realised it was mostly Russians and Chinese buying their way in and some states making a lot of money by selling people the right to live and work in Europe.

dunkind

530 posts

44 months

As said up thread the Russians were buying all the property and getting the visas.