Americans Show Strong Interest in Europe’s Golden Visa Programs as Presidential Election Approaches

Americans Show Strong Interest in Europe’s Golden Visa Programs as Presidential Election Approaches

Key Points

1. Interest among Americans in Europe’s Golden Visa Programs has grown significantly.
2. A survey by Arton Capital shows 64% of U.S. millionaires aged 18-29 are particularly drawn to these programs.
3. Despite some European countries phasing out real estate investments as a pathway, Americans remain highly interested in Golden Visa options.

Americans, particularly finance professionals and tech entrepreneurs, are increasingly exploring European Golden Visa Programs, with political uncertainty and the upcoming U.S. presidential election driving this trend.

Residency and Citizenship by Investment Programs offered by various EU countries allow wealthy foreigners to gain residency or citizenship through financial investments and meeting specified criteria.

According to Arton Capital's survey, 53% of affluent Americans report they are more inclined to leave the U.S. post-election, regardless of the outcome. Interest is especially high among younger millionaires, with 64% in the 18-29 age group showing a keen interest in these programs.

Preferred European Golden Visa Programs Among Americans

As per a Newsweek report, the top Golden Visa destinations for Americans include Portugal, Greece, Malta, and Spain, despite recent changes in these programs. 

Portugal and Spain recently removed real estate investments from their Golden Visa options, while Greece increased the minimum investment amount required for real estate-based visas. Real estate experts in Portugal and Spain, however, report that these changes haven’t dampened demand for Golden Visas.

Juan Carlos Lois, an international mobility specialist in Spain, noted a sharp rise in applications following the removal of real estate options. In August alone, Spain saw nearly three times more applications compared to the same month in 2023.

Similarly, Gustavo Caiuby, managing partner of Heed Capital, highlighted that interest in Portugal’s Golden Visa remains high among North and South Americans. He noted that inquiries into Portugal’s program have quadrupled since the start of 2024 compared to the same period last year.

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