Hacking citizenship: creative ways digital nomads can obtain a golden visa
You're a digital nomad, traveling the world, working remotely for various companies and living out of hotels. You've got everything you need in this world—except for one thing: citizenship. The golden visa is an expedited citizenship process that allows individuals to obtain permanent residency or even full citizenship in exchange for a lump sum investment into real estate or business ventures. The government of your choice will issue you these documents once they've verified that your finances are legitimate and that you'll be sticking around their country after obtaining the visa (this is done by requiring applicants to purchase property worth at least $500,000). Digital nomads can use this strategy to obtain legal status anywhere in Europe—and beyond! But what if you want more than just a tourist visa? How do digital nomads get full citizenship? This article will tell you everything about obtaining your own golden ticket through unconventional methods such as investments or marriage (hint: marrying someone from another country doesn't count!).
What is a golden visa?
A golden visa is a type of residence permit issued by some countries to non-EU citizens in exchange for making an investment, usually in real estate or business. For example, Portugal's Golden Residence Permit requires a minimum investment of 500,000 EUR (roughly $563K USD) and offers holders the ability to reside in Portugal for up to 5 years with no requirement to work or be employed there during that time.
The idea behind these programs is simple: countries want foreign investment but don't want their borders flooded with immigrants who aren't contributing anything economically beneficial (like entrepreneurs). So they create these programs and offer citizenship as one option among many ways someone can invest money into their country--and then reap the benefits later when those investors move back home after having been granted permanent residency rights after living there for some period of time.
How do you get one?
The golden visa program is quite flexible and allows for investors to be accredited by different means.
The minimum investment amount varies depending on country and type of investor, but it's generally in the range of $250k-500k USD.
You may be eligible for permanent residency after two years of living in your chosen country as a temporary resident, or you can apply after five years if you're married to someone who has been granted permanent residence status through another type of visa (e.g., student).
How much does it cost?
The cost varies depending on country, but it is typically around €500,000. Some countries have a minimum investment requirement of €500,000, but others have a minimum investment of €1 million.
Unconventional methods of obtaining a golden visa
While there are many conventional ways of obtaining a golden visa, it's also possible to get creative.
The requirements for these visas can be unclear and some countries are more lenient than others when it comes to unconventional methods. Here are some examples of unconventional methods that have worked for others:
Investing in real estate or starting a business in the country where you want your golden visa (this is likely the most expensive option)
Working as an employee at an institution within their borders (some countries require proof of employment before granting a residence permit)
Getting citizenship from the country you work in.
If you work in a country for a certain period of time, that country may grant you citizenship after four years. This process is called "naturalization" and it's usually granted by law to people who are married to citizens of that country or who have been living there for a long time.
You can also be granted citizenship if you earn at least $1 million (USD) over three years from working in their economy--this is known as "investment based" or "Golden Visa" programs. However, these programs are often very strict when it comes down to how much money must be earned during an investment period and what types of investments qualify (for example: real estate vs stocks).
Obtaining citizenship through marriage.
The next step is to find a partner. This can be difficult, but there are many online dating sites that cater specifically to the needs of digital nomads looking for love. Once you've found someone who seems like they might be interested in marrying you, try chatting with them on Skype or Discord (or whatever other messaging platform they use). Make sure they're willing to go through with it before moving forward!
Once you've found your soulmate and decided upon marriage, it's time for the ceremony itself. You may wish to have friends and family attend - after all, this will be one of the most important days of your life together! Before getting married though: make sure both parties have been tested for STDs; signed up at least six months prior; obtained written consent from any previous partners; paid their taxes; filled out all necessary paperwork correctly so nothing gets delayed later down road due as well as checking off certain boxes which indicate good character traits like honesty etcetera...
Afterwards comes proof-of-life questions such as "are these two people really married?" For example: if one spouse dies without leaving behind any heirs then what happens? Well first off we need proof from hospital records showing where they were born before accepting any claims made by those claiming citizenship under this method alone."
Citizenship through investments and entrepreneurship.
The requirements to obtain citizenship through investment are:
A minimum investment of $500,000 in a government-approved real estate project or startup company.
A maximum combined household income of $60,000 for two years prior to application submission.
If you want to learn more about these requirements, check out our guide on how much it costs to get a golden visa in Portugal.
While there are many ways to obtain a golden visa, digital nomads are better off using unconventional methods like investing in real estate or starting their own businesses.
While there are many ways to obtain a golden visa, digital nomads are better off using unconventional methods like investing in real estate or starting their own businesses.
In the case of Portugal and other European countries, you can get citizenship from the country you work in if you have been living there for 10 years. The same applies if you are married to a citizen of that country.
We have explored the various ways digital nomads can obtain a golden visa, including unconventional methods like investing in real estate or starting their own businesses. While there are many ways to obtain a golden visa, digital nomads are better off using unconventional methods like investing in real estate or starting their own businesses.