All articles tagged with #golden visa
Many wealthy Americans are moving to New Zealand in 2025, driven by relaxed visa rules, political instability in the US, and the country's appeal as a safe haven and lifestyle destination, including its golf courses and outdoor activities.
New Zealand is relaxing its restrictions on foreign buyers by allowing golden visa holders to purchase luxury homes worth at least NZ$5 million, aiming to attract high-net-worth individuals and boost its economy, with the change expected to take effect at the end of the year after legislative approval.
Spain plans to eliminate its "golden visa" program, which grants residency to wealthy non-EU citizens who invest in real estate, citing concerns about affordable housing. The move follows similar actions by Portugal, Ireland, and Australia in recent years. Critics argue that the program has had minimal impact on the housing market and is part of a broader trend of tightening such policies globally. The decision reflects a shift away from prioritizing wealth in immigration policies, with some experts emphasizing the importance of entrepreneurial spirit over financial means.
Spain's Prime Minister Pedro Sanchez announced plans to terminate the country's golden visa program for foreign property buyers, aiming to prioritize affordable housing for locals and shift away from housing as a speculative business.