Young Filipinos Turning to EU Golden Visa Programs for Opportunities
Key Takeaways
- Filipinos are increasingly exploring Europe's Golden Visa Programs.
- Portugal and Greece are among the most popular choices for Filipino applicants.
- Golden Visa Programs have become a pathway to wealth growth and global access.
Filipino interest in European Golden Visa Programs has surged, particularly among young professionals seeking greater stability and opportunities abroad.
These Residency-by-Investment schemes are now viewed as a route to enhanced quality of life and economic growth, according to a report by Golden Visa Central, an international property marketing consultancy.
Golden visas are seen as strategic tools for those seeking improved education, healthcare, mobility, and investment opportunities in stable markets. These programs offer a way to grow wealth while ensuring global mobility and long-term security.
Vicky Luis, founder and president of Golden Visa Centrale, emphasized that these programs are now regarded as attractive investment avenues with real, tangible returns. Investors can benefit from real estate, private equity funds, and other channels to build wealth and secure their families' future.
Portugal & Greece Lead the Way Several European countries, including Spain, Portugal, Greece, Cyprus, and Malta, offer Residency-by-Investment programs, which allow non-EU nationals to gain residency in exchange for financial investments.
Among these, Portugal and Greece are particularly popular with Filipino investors. The Greece Golden Visa Program, for example, offers residency with a minimum investment of €250,000 in certain areas. The Greek government also announced in December 2024 that it would introduce a startup option to attract investors.
Meanwhile, Portugal’s Golden Visa Program, despite recent changes, remains highly sought after. To address the housing crisis, Portugal has eliminated the real estate investment route from its Golden Visa Program, though other investment options, such as private equity funds, remain available. These new opportunities allow Filipino applicants to secure residency while engaging in high-growth sectors of the economy.
In contrast, Spain's Golden Visa Program is set to be abolished on April 3, 2025, as the government seeks to better regulate the housing market.