William Huston, AIF®, AIFA®

2024 Immigrate by Investment Programs

Across the globe, from Europe to the Caribbean, many nations are welcoming immigrants and foreign investors through immigrate by investment programs. These nations seek immigrants who are able to make significant contributions to their local or national economy.

Acquiring real estate in certain municipalities or investing for job creation in a company that operates in a targeted employment area are some of the various investment options available to immigrants.

William Huston, AIF®, AIFA®

William Huston, AIF®, AIFA®

Making a capital investment that meets a minimum investment threshold is often the main eligibility criteria for these programs. Successful applications for these programs leads to mutual and enduring benefits for both immigrants and host nations.

Whether you're a leisure or business traveler wanting to explore the world, or a pragmatist seeking better living conditions for you and your family members, these programs offer you pathways to obtain an immigrant visa to fulfill your aspirations.

Key takeaways
  • Immigrate by investment programs like those of Antigua and Barbuda, Australia, Dominica, Grenada, Malta, New Zealand, Portugal, Quebec, St. Kitts and Nevis, and Vanuatu provide various investment options and pathways to citizenship or residency in respective nations.

  • When choosing an immigrate by investment program, consider factors such as investment requirements, residency/citizenship benefits, processing time, visa-free travel, etc.

  • Portugal's Golden Visa program is a leading immigrate by investment program which has now focused investing options on investment funds.

  • Bay Street's Alt Path Fund, one of the forty approved funds for Portugal's Golden Visa, stands out with its investment in boutique hotel projects, which offers investors both financial returns and a pathway to Portuguese residency and citizenship.


The contents of this article are for educational purposes only. They are not intended to be a source of professional financial advice. You will find experts on investing here.

Migrate to Portugal with Bay Street

Portugal Golden Visa

Portugal, in the Iberian Peninsula in Southwestern Europe, is one of the most sought after countries to live in, and the Portuguese Golden Visa program is a leading immigrant visa program around the world.

Recent modifications to the program eliminated real estate options and emphasized investment funds, and Bay Street Capital Holdings' investment fund is approved to promote Portugal Golden Visa applications.

Bay Street's Alt Path Hotel Fund is financing boutique hotel projects in Portugal, which is seeing a boom in its tourism and hospitality sectors. With four approved locations in different cities in Portugal, Bay Street's boutique hotel projects have an estimated IRR of 18.87%. These projects are also subsidized with 45-55% cash back incentives from the Portuguese Government.

Investing with Bay Street enables you to take advantage of these investment opportunities and to also receive adequate support for your Golden Visa applications. This makes it easier to achieve your investment and immigration goals.

Schedule a meeting with our investment and Golden Visa experts to begin your journey.

Top immigrate by investment programs

These are some of the leading immigrant visa programs across the world.

top immigrate by investment passports
Antigua and Barbuda citizenship by investment program

Antigua and Barbuda provides investors with the opportunity to acquire citizenship by making an investment of at least $100,000 as a government donation, or invest a minimum of $200,000 in a real estate project.

The program aims to attract investors who are interested in contributing to the economic development of Antigua and Barbuda while gaining the benefits of Antiguan citizenship. Applicants must undergo a comprehensive due diligence process to ensure they meet the program's requirements and have no criminal record.

Antiguan citizenship offers visa-free or visa-on-arrival access to over 150 countries, providing investors with enhanced global mobility and opportunities for business and travel.

Australia Significant Investor Visa (SIV)

Australia's Significant Investor Visa (SIV) program is designed to attract high-net-worth individuals who are willing to invest a minimum of AUD $5 million in complying investments. These investments typically include venture capital, private equity, or managed funds.

To qualify for this visa, applicants must demonstrate that they have a genuine intention to invest in Australia and have a net worth sufficient to make the required investment. Additionally, applicants must meet health and character requirements and have no outstanding debts to the Australian government.

After holding the visa for a specified period, typically four years, investors may apply for permanent residency, provided they meet certain residency and investment criteria.

Dominica Citizenship by Investment Program

Similar to the CBI Program of Antigua and Barbuda, Dominica's Citizenship by Investment Program offers individuals the opportunity to acquire Dominican citizenship by making a donation of $100,000 to Dominica Economic Diversification Fund or by investing $200,000 in various Government approved real estate projects.

Applicants must undergo a thorough due diligence process to ensure they meet the program's requirements and have no criminal record. Dominican citizenship provides visa-free or visa-on-arrival access to over 140 countries, enhancing the mobility and opportunities for investors and their families.

Grenada Citizenship by Investment Program

The Citizenship by Investment Program of Grenada provides investors with the opportunity to obtain Grenadian citizenship by making a contribution of $150,000 to the National Transformation Fund or by investing $220,000 in government-approved real estate projects.

Grenada aims to attract investors who are interested in contributing to the country's development while benefiting from the advantages of Grenadian citizenship. Applicants must pass a strict due diligence process to ensure they meet the program's requirements and have no criminal record.

Grenadian citizenship offers visa-free or visa-on-arrival access to over 140 countries, providing investors with enhanced global mobility.

Malta Individual Investor Program (MIIP)

The Maltese Government offers citizenship through the MIIP to non-Maltese investors who invest €150,000 in a financial instrument or €350,000 in a residential immovable property, and fulfill other qualifying criteria.

The program is designed to attract high-net-worth individuals who are interested in becoming lawful permanent residents in the country. Successful applicants get to enjoy associated benefits, including visa-free access to the European Union and numerous other countries.

Applicants must undergo a rigorous due diligence process and meet the program's financial requirements, including a minimum investment amount. Successful applicants and their families can enjoy the privileges of Maltese citizenship, including the right to live, work, and study in Malta and the EU.

New Zealand Investor Visa

The New Zealand Investor Visa is designed to attract high-net-worth individuals who are willing to invest a minimum of NZD $10 million in New Zealand for a minimum of 3 years. The program aims to stimulate economic growth and create employment opportunities in New Zealand.

To qualify for the visa, applicants must demonstrate that they have kept the funds in acceptable investments in New Zealand over this period. Successful applicants and their families can obtain permanent residency, allowing them to live, work, and study in New Zealand indefinitely.

Portugal Golden Visa Program

Portugal's Golden Visa Program is one of the most popular residency by investment programs in Europe, attracting investors who are interested in obtaining residency in Portugal and the European Union.

Previously, as part of their immigrant petition, investors could purchase real estate or create a new commercial enterprise that provides jobs for 10 persons. Now, to qualify for the program, investors must meet certain investment requirements, including investing €500,000 in a fund.

After five years (beginning from the day of application), investors may qualify for Portuguese citizenship, provided they meet additional requirements. The program offers investors and their families the opportunity to live, work, and study in Portugal and travel freely within the Schengen Area.

Quebec Immigrant Investor Program (QIIP)

The Quebec Immigrant Investor Program (QIIP) is designed to attract experienced business individuals with a net worth of at least CAD $10 million to invest CAD $2 million in a government-approved venture fund. The program aims to stimulate economic development in Quebec and create employment opportunities for its residents.

Applicants must meet strict eligibility criteria, including having a minimum net worth and making the required investment. Successful applicants and their families can obtain permanent residency in Canada, allowing them to live, work, and study in Quebec or any other Canadian province.

St. Kitts and Nevis Citizenship by Investment Program

The Citizenship by Investment Program of St. Kitts and Nevis allows investors to acquire citizenship by making a financial contribution of $250,000 into the Sustainable Growth Fund or make a real estate investment of $400,000 in government-approved properties.

The program aims to attract investors who are willing to contribute to the country's economic development while benefiting from the advantages of St. Kitts and Nevis citizenship.

Applicants must undergo a thorough due diligence process to ensure they meet the program's requirements and have no criminal record. St. Kitts and Nevis citizenship offers visa-free access to over 150 countries, providing investors with enhanced global mobility and opportunities.

Vanuatu Citizenship by Investment Program

Vanuatu offers citizenship through this program to individuals who are willing to invest at least $130,000 in the nation's economy. The benefits of Vanuatu citizenship include visa-free access to over 130 countries, including the Schengen Area and the United Kingdom.

Applicants must meet the program's eligibility criteria and undergo a thorough due diligence process to ensure they meet the requirements and have no criminal record. Vanuatu citizenship offers investors and their families improved mobility and opportunities for business and travel around the globe.

Why people are migrating in 2024

people migrating

Despite receiving roughly 2.5 million immigrants in the 2023 fiscal year, the USA ranks 16th as a preferred destination for migrants according to the World Happiness Report. This indicates the complexity of motivations for migrating.

Seeking a better standard of living is often the typical reason to migrate to other countries, but motivation for migration looks different for different persons.

Some migrate to pursue education abroad. Studying abroad has gained popularity among young individuals, driven by the desire for higher quality education and the opportunity to explore new places. Notably, a significant majority, around 70%, pursue specialized courses.

Others seek career advancement overseas. For many young people in developing nations, working abroad is esteemed for its promise of improved job prospects and economic stability.

Others are impacted by overpopulation. Overpopulation presents challenges in developing and underdeveloped nations, leading to limited opportunities and thus driving migration. The increasing population in regions like Asia, Africa, and Latin America heightens immigration concerns.

There are those motivated by social and religious factors. Migration can often stem from the human need to belong within a community or religious group. Recent migrations of groups like Kashmiri Pandits and Punjabi Hindus underscore the influence of social and religious factors on migration patterns.

Getting out of poverty is a big motivation for many. Poverty's grip on many economies persists, with many households struggling due to low wages, rising prices, and unemployment. Rural areas witness significant migration, particularly among skilled male workers.

Some are in search of better healthcare. Access to quality healthcare drives some individuals to seek medical treatment abroad. An increase in visa queries for healthcare abroad in 2021 reflected a growing interest in safer and superior healthcare services.

Many flee from conflict. War forces individuals to migrate out of necessity, often leaving them with little choice but to seek refuge elsewhere. The Ukraine-Russia conflict, for example, has been shown to have far-reaching impacts on neighboring nations and global economies.

Others move due to environmental pressures. Environmental factors, including natural disasters and climate change, can force individuals to migrate in search of safer living conditions.

And some seek to live beyond. There are those who love living in their country but also want to experience the world and want to be able to do that without restrictions.

Factors to Consider When Choosing an Immigrate by Investment Program

immigration considerations

While immigration through investment offers numerous benefits, selecting the right program requires careful consideration of various factors to ensure that it aligns with your personal and financial goals. Here are key factors to consider when choosing an immigrate by investment program:

Investment Requirements: Different programs have varying minimum investment thresholds, ranging from hundreds of thousands to millions of dollars. Evaluate your financial capacity and determine which program's investment requirements are feasible and align with your budget.

Residency vs. Citizenship: Some programs offer temporary residence permit, while others provide a direct pathway to citizenship. Consider whether you seek long-term residency rights or aspire to obtain citizenship and the associated rights, including the ability to live, work, and travel freely within the country and potentially to other countries.

Processing Time: The processing time for immigrate by investment applications can vary significantly among programs. Consider your timeline and urgency for relocation to determine which programs offer processing times that meet your needs.

Visa-Free Travel: Examine the visa-free travel privileges associated with each program's residency or citizenship. Programs that provide access to a large number of countries without the need for additional visas can enhance your global mobility and travel convenience.

Real Estate Options: If the program requires investment in real estate, explore available property options considering factors such as location, property appreciation potential, rental yields, and residency requirements.

Stability and Security: Examine the political stability and overall security of the country offering the immigrate by investment program. Choose a jurisdiction with a favorable business environment and low crime rates to safeguard your investment and ensure a secure living environment for you and your family.

Tax Implications: Investigate the tax implications of residency or citizenship in the host country, including income tax, capital gains tax, inheritance tax, and other levies. Consult with tax professionals to understand the tax regime and potential obligations associated with your investment and residency status.

Schedule a meeting with a financial advisor for professional advice.

Education and Healthcare: Evaluate the quality of education and healthcare services available in the host country, especially if you have children or family members with specific healthcare needs. Choose a program that provides access to reputable schools, universities, hospitals, and medical facilities to ensure the well-being and development of your family.

Language and Cultural Compatibility: Consider the language spoken in the host country and whether you and your family are comfortable communicating in that language. Assess the cultural compatibility and lifestyle amenities available in the destination to ensure a smooth transition and integration into the local community.

Reputation and Track Record: Research the reputation and track record of the immigrate by investment program, including its transparency and success rate. Seek feedback from past participants and industry experts to gauge the program's reliability.

How do host countries benefit from immigration by investment programs?

immigrate by investment programs

Besides the investment funds that immigrants bring into an economy, host nations are also interested in immigrants who are resourceful in other ways.

Hence migration policies often take into account how immigration influences investment behavior and productivity, and how these effects differ depending on the type of migration.

High-skilled Immigration Drives Foreign Direct Investment (FDI)

Immigrants with high levels of skills and expertise often attract foreign direct investment (FDI) by creating an environment conducive to economic growth and innovation.

Multinational Firms Benefit from Immigrant Expertise

Immigrants contribute significantly to the success of multinational firms by helping them identify and seize investment opportunities in foreign markets. With their diverse skill sets and global perspectives, high-skilled immigrants play a crucial role in driving innovation and expanding business operations internationally.

Productivity Gains Stem from High-skilled Immigration

Increasing the share of high-skilled immigrants within a workforce leads to substantial productivity gains, resulting in significant income effects. Many immigrants bring advanced education and specialized skills that enhance the efficiency and competitiveness of various sectors, which ultimately drives economic growth and prosperity.

Foreign-born Experts Fuel Innovation

Foreign-born experts make substantial contributions to innovation and productivity growth within their host countries. Leveraging their diverse backgrounds and cutting-edge knowledge, immigrants stimulate creativity and accelerate the pace of innovation. This positions their host countries at the forefront of technological advancement.

Besides having funds to invest, making yourself a resourceful person in terms of skills and expertise means that host nations are more willing to approve your application for residency.

Invest with Bay Street

Both investing and migrating are long-term ventures, and it is important to work with the right team to achieve your goals. Bay Street Capital Holdings has a team of experts with specialties in investing and immigration. Working with them is one of the best advantages you can give yourself.

Schedule a meeting to get started.

Diversify your portfolio and fast track your Portuguese and European residency by investing with Bay Street.









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