In 2021, Russians ranked fourth in terms of investments in gold passports. 2022 has made its own adjustments and now the number of countries issuing residence permits for the purchase of real estate has already become due to sanctions.
Which countries are still waiting for wealthy Russians?
Gold passport can still be obtained in Grenada, Dominica, and Saint Lucia. The easiest way to get a Vanuatu passport is to make a gratuitous contribution to the local state fund in the amount of $ 120,000. The citizenship of this island state gives the right to visa–free entry into the Schengen area, with one exception – the investor must be admitted to citizenship by May 25, 2015.
Which countries have stopped issuing gold passports to Russians?
Greece, Ireland, Spain have stopped issuing residence permits in exchange for investments. Portugal and Cyprus have tightened the requirements for those wishing to obtain a golden visa. Domestic inverters were also denied access to citizenship programs: Malta, Montenegro, Bulgaria, Antigua and Barbuda, Dominican Republic, Saint Kitts, and Nevis. Now the market of gold passports for Russians is reoriented to the east: Turkey, the UAE, Georgia, Thailand. In Turkey, to obtain a residence permit, you need to invest $ 400,000 in real estate. Dubai gives a residence permit when buying an apartment for at least 270 000 USD.