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Wealthy Americans are eyeing ‘golden visas’ after Trump’s election victory
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Wealthy Americans are eyeing ‘golden visas’ after Trump’s election victory

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Demand is especially high among Democrats

What is the story

Afterwards Donald TrumpFollowing the recent presidential election victory in the US, wealthy Americans are increasingly looking for ways to obtain a “golden visa”. Europe.

Visas provide residence or citizenship in a foreign country in exchange for investments in real estate or government bonds.

Demand is especially high among citizens of Democratic-leaning states, immigration consultants said.

Henley & Partners, a citizenship-by-investment program firm, saw a nearly 400% increase in questions from U.S. citizens during election week compared to the previous week.

‘Golden visas’ seen as insurance policies by wealthy Americans

Applications to these programs increased by 26% this year compared to last year.

Another consulting firm, Arton Capital, received more than 100 inquiries the day after Trump won the election; this was five times the daily average.

Dominic Volek of Henley & Partners said most Americans view these options as an “insurance policy” rather than planning for permanent relocation.

Armand Arton of Arton Capital predicts that demand from the US will continue in the next six months.

US families express concern about future course

Immigration lawyer Reaz Jafri said that after Trump declared victory, he immediately received questions from families seeking EU citizenship.

He said these families are not against America, but they are worried about where things are going.

Traditionally, residency and citizenship by investment schemes attracted elites from emerging markets such as India and China. But since the pandemic, wealthy Americans have become increasingly involved amid political divisions and social tensions.

Portugal’s Golden Residence Permit program gains popularity

PortugalThe Golden Residence Permit Scheme is popular because it is affordable and opens the way to EU citizenship after five years.

Malta and Austria It offers faster but more expensive options for the ultra-rich.

Alternative relocation routes for less affluent Americans are trending on social media platforms like YouTube and Reddit.

Flannery Foster, an American who helps others settle abroad in Spain, stated that vulnerable groups such as women and LGBTQ+ families are considering these options.

Caribbean countries and Italian village attract the attention of American citizens

Claims for citizenship by descent or special citizenship based on unusual skills or contributions are also considered by some U.S. citizens.

Caribbean countries offer more affordable citizenship programs starting at $250,000.

An Italian village called Ollolai in Sardinia is cashing in on that attention by offering ultra-cheap homes priced as low as $1 to attract Americans looking for a balanced lifestyle away from global politics.