Plain Investor
12 programmes covered

Golden Visas & Residency by Investment

Independent guides to the main residence- and citizenship-by-investment programmes — what each one actually costs, what it requires of you, and what it does and does not lead to.

How to read these pages

Each programme gets the same four facts up front: the lowest genuine qualifying amount, how much time you must actually spend in the country, whether citizenship is reachable and after how long, and how long approval realistically takes. Programmes are grouped by whether they are open, materially restricted, or closed.

  • Residence is not citizenship. Most of these grant a permit to live somewhere, not a passport — and in several cases no passport ever follows.
  • The investment is a real investment. It can lose money whether or not the permit is granted, and it is usually illiquid.
  • These rules change, often abruptly. Spain abolished its programme outright, Portugal removed its property routes and lengthened its citizenship timeline, and the EU’s Court of Justice ruled against Malta’s citizenship scheme.

Information reflects our own independent research as understood in September 2026. Plain Investor does not sell, broker, or advise on any programme, receives no commission from any government, fund, developer, or advisory firm, and is not affiliated with any immigration adviser. Nothing here is legal, immigration, or tax advice — eligibility and processing differ by nationality and circumstances, so consult the official government source and a licensed immigration lawyer before acting.

Open programmes

Portugal

Golden Residence Permit Programme (ARI)

Open
From€250,000
Stay7 days in year one, 14 days per later 2-year period
CitizenshipPermanent residence at 5 years; citizenship at 10, or 7 for EU and CPLP nationals

Running since 2012 and still open; property routes were replaced by regulated funds in 2023

Greece

Residence Permit for Investors

Open
From€250,000
StayNone
Citizenship7 years of genuine residence, plus exam

Thresholds raised and tiered by location from September 2024

Italy

Investor Visa for Italy (visto per investitori)

Open
From€250,000
StayNo minimum stay set
Citizenship10 years of actual legal residence

Structurally unchanged since 2017; suspended for Russian and Belarusian nationals

Malta

Malta Permanent Residence Programme (MPRP)

Open
From€99,000 in fees, plus property
StayNo minimum stay
CitizenshipNo direct path

MPRP open and repriced by Legal Notice 146 of 2025; the separate citizenship-by-investment scheme was repealed in July 2025 after the CJEU ruled against it

Hungary

Guest Investor Residence Programme

Open
From€250,000
StayNo minimum stay
CitizenshipGenerally 8 years of actual residence, plus exams

Property purchase route abolished by decree in December 2024, before it ever opened

United Arab Emirates

Golden Visa (long-term residence)

Open
FromAED 2,000,000
StayNone; exempt from the 180-day absence rule
CitizenshipNo direct path

Open, and broadened to new categories repeatedly since 2019

United States

EB-5 Immigrant Investor Program

Open
From$800,000
StayMust maintain US permanent residence
CitizenshipNaturalisation possible 5 years after the green card

Regional centre authorisation runs to 30 September 2027; grandfathering closes 30 September 2026

Turkey

Citizenship by Investment (exceptional naturalisation)

Open
FromUS$400,000
StayNone
CitizenshipImmediate citizenship

Property threshold raised to US$400,000 in June 2022; compliance checks tightened since 2024

Singapore

Global Investor Programme (GIP)

Open
FromS$10 million
StayNo fixed day count; residency commitments tested at permit renewal
CitizenshipDiscretionary, after a period as PR

Thresholds raised substantially in March 2023

Open, but materially restricted

Closed to new applicants

Before you start