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9 Countries That Offer ‘Golden Visa’ In Exchange For Investments

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U.S. President Donald Trump has proposed replacing the existing EB-5 immigrant investor program with a new “gold card” golden visa system, allowing foreign investors to obtain American citizenship by making a $5 million payment.

The EB-5 visa program, which currently grants U.S. permanent residency to individuals who invest at least $800,000 in job-creating projects, has long been a pathway for wealthy investors seeking U.S. citizenship.

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Trump’s new proposal would significantly raise the financial threshold while offering a more direct route to American nationality.

Global Golden Visa Programs
The concept of securing residency or citizenship through investment is not unique to the U.S. Many countries offer “golden visas” or similar schemes to attract foreign capital. Below are some of the most notable programs worldwide:

READ ALSO: Top 10 Countries With Lowest Divorce Rate In The World

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Europe
Greece – Introduced in 2013, Greece’s program grants permanent residency to individuals who invest a minimum of €250,000 ($262,800) in real estate. Residency permits are renewable every five years.

Malta – Foreign nationals can acquire citizenship by contributing at least €600,000 to Malta’s economic development, with a required residence period of at least 36 months.

Italy – Italy’s golden visa grants residency to investors contributing between €250,000 and €2 million, with visa-free access to the Schengen Area.

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Cyprus – Requires a minimum investment of €300,000 for foreign nationals seeking residency.

READ ALSO: Top 5 Countries For Nigerians, Other Foreigners Looking To Start A Business Abroad

Middle East
United Arab Emirates – Investors who contribute at least 2 million dirhams ($544,602) to the UAE economy can qualify for a long-term residence permit, commonly known as the UAE golden visa.

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Caribbean
Several Caribbean nations offer citizenship in exchange for economic contributions:

Dominica – A minimum investment of $200,000 secures citizenship for applicants and their families.

Grenada – Requires an investment of at least $235,000 and grants visa-free travel to several countries, including China, Russia, and the Schengen Area.

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St. Kitts and Nevis – One of the oldest programs, established in 1984, requires a $250,000 contribution in exchange for full citizenship.

READ ALSO: 17 Countries Banned From FIFA World Cups [Full List]

Saint Lucia – A minimum investment of $240,000 grants full citizenship, subject to due diligence checks.

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Antigua and Barbuda – Citizenship is granted to applicants over 18 who invest at least $230,000.
Asia

Thailand – The Thailand Privilege Residence Program offers residency for up to 20 years with a minimum investment of 650,000 baht ($19,299). Additionally, a Long-Term Residence Program provides 10-year visas for investments starting at 50,000 baht.

Indonesia – Launched in 2024, Indonesia’s program offers a 10-year visa to foreign investors contributing up to $10 million, granting them access to the country’s economic opportunities.

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Trump’s proposed “gold card” initiative would place the U.S. among the nations leveraging investment-based immigration to attract high-net-worth individuals. While details of the plan remain unclear, the proposed cost of $5 million is significantly higher than similar programs in other countries.

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19 Dead As Bangladesh Fighter Jet Crashes Into School

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A Bangladeshi training fighter jet crashed into a school in the capital Dhaka on Monday, killing at least 19 people and injuring dozens more in the country’s deadliest aviation accident in decades.

An AFP photographer at the scene saw fire and rescue officials taking away the injured students on stretchers, while military personnel helped clear the wreckage.

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A military statement said 19 people were killed, including the pilot, and 20 others were critically wounded.

At least 51 people, mostly students, were undergoing treatment at Dhaka’s National Burn and Plastic Surgery Institute, its director Mohammad Nasir Uddin told AFP.

READ ALSO:US Embassy Warns Americans In Nigeria Of Looming Visa Overstay Penalties

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The Chinese-made F-7 BJI aircraft crashed moments after students were let out of class at 1:00 pm (0700 GMT) at the Milestone School and College.

A witness said he heard a huge blast that felt like an earthquake.

We have two playgrounds, one for the senior students and one for the juniors,” said Shafiur Rahman Shafi, 18, who is enrolled at the school.

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We were on the playground for the seniors. There were two fighter planes… Suddenly one of the two planes crashed here (in the junior playground),” he told AFP.

It created a boom, and it felt like a quake. Then it caught fire, and the army reached the spot later.”

READ ALSO:Russia Strikes Ukraine After Kyiv Offers Fresh Talks

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The interim government of Muhammad Yunus announced a day of national mourning on Tuesday.

Grieving parents and relatives of the victims thronged the National Burn and Plastic Surgery Institute.

Tofazzal Hossain, 30, broke down in tears on learning that his young cousin had been killed.

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We frantically searched for my cousin in different hospitals,” Hossain told AFP.

He was an eighth grader at the school. Finally, we found his body.”

Yunus expressed “deep grief and sorrow” over the incident in a post on X.

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READ ALSO:‘Where’s The 24/7 Electricity You Promised Nigerians,’ ADC Questioned Tinubu

The loss suffered by the Air Force, the students, parents, teachers, and staff of Milestone School and College, as well as others affected by this accident, is irreparable,” he said.

This is a moment of profound pain for the nation.”

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The crash was the worst aviation accident in the country in several decades.

The deadliest ever disaster happened in 1984 when a plane flying from Chattogram to Dhaka crashed, killing all 49 on board.

Last month, a commercial aircraft crashed in neighbouring India, killing 260 people.

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S’African President Sacks Education Minister Accused Of Lying To Parliament

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South Africa’s President, Cyril Ramaphosa, on Monday dismissed his embattled higher education minister, weeks after a key party in his unity government filed criminal charges accusing her of lying to parliament.

Ramaphosa has faced mounting pressure in recent months as several ministers from his African National Congress (ANC) party have been accused of corruption, deepening tensions within the 10-party ruling coalition.

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The second largest group in government, the Democratic Alliance (DA), earlier this month filed a complaint accusing Minister Nobuhle Nkabane of lying to parliament to cover up the “fraudulent” appointment of ANC-linked figures to education authority boards.

READ ALSO:Tinubu Flies Private Jet To S’Africa, Avoids Faulty Presidential Aircraft

“President Cyril Ramaphosa has removed Dr Nobuhle Nkabane from the role of Minister and (sic) Higher Education and Training,” the presidency announced in a statement Monday night, after Nkabane failed to attend key parliamentary meetings where she was meant to clarify the controversial appointments.

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The DA — which joined government after the ANC lost its majority last year due to voter disillusionment with corruption and mismanagement — has said graft had become “standard practice” under Ramaphosa’s rule.

It has also laid corruption charges against Human Settlements Minister Thembi Simelane over allegations of fraudulent billing to the national electricity supplier Eskom.

READ ALSO:South Africa Govt Detains Miss Universe Nigeria, Chidinma Adetshina’s Mother For Alleged Forgery

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Ramaphosa also had to suspend his police minister on July 13, after bombshell accusations by a provincial police chief who alleged he had received payments from a corruption suspect and colluded with organised crime.

South Africa ranks 82nd in the world according to the corruption perception index of the NGO Transparency International.

AFP

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Russia Strikes Ukraine After Kyiv Offers Fresh Talks

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Russia fired a volley of drones and missiles at Ukraine early on Monday, hitting apartment blocks and a nursery in Kyiv, days after Ukrainian President Volodymyr Zelensky proposed holding a fresh round of peace talks.

Moscow has not responded to Zelensky’s call for new negotiations this week or an ultimatum by US President Donald Trump to make progress on a peace deal or face massive sanctions.

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Two people were killed across the country, Zelensky said.

French Foreign Minister Jean-Noel Barrot arrived in the capital, Kyiv, while rescuers were still sifting through the rubble.

Zelensky condemned the strikes as an “assault on humanity” and said at least 15 other people had been wounded in the attacks, including a 12-year-old boy.

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READ ALSO:Anxiety As Trump Gives Russia 50 Days To Make Ukraine Deal

Efforts to reach a diplomatic solution to the three-year war have stalled in recent weeks.

The two sides last met for direct negotiations more than a month ago in Istanbul.

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They did not make any progress towards a ceasefire, instead agreeing to a series of prisoner exchanges.

Six districts of Kyiv came under attack on Monday, sparking fires at a supermarket, multiple residential buildings and a nursery, authorities said.

An AFP reporter saw damage to multiple buildings, as well as debris and shattered glass on streets.

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Russia launched 450 drones and missiles in total, according to Ukraine’s air force.

READ ALSO:Russian Strikes Kill Six In Ukraine

The strikes also caused damage in the western region of Ivano-Frankivsk and the eastern regions of Kharkiv and Sumy, according to Zelensky.

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Meanwhile, travel chaos that began during the weekend continued in Russia, as Kyiv targeted Moscow with drones;

The attacks forced Vnukovo airport — a transport hub for the Russian government — to briefly suspend flights.

•⁠ ⁠Top French diplomat in Kyiv –

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An entryway to the Lukyanivka metro station in Kyiv was also damaged by the overnight strikes.

French foreign minister Barrot condemned the attacks during a visit to the station.

READ ALSO:Ukraine Forces Capture Nigerian Fighting For Russia

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The shelters themselves are no longer entirely safe, as the metro station behind me, which is being used as a shelter for the people of Kyiv, has been targeted,” he said.

This comes even as President Zelensky’s statement on Saturday morning, that showed Ukraine’s willingness to enter into new negotiations with Russia,” he added.

The European Union agreed on Friday an 18th package of sanctions on Moscow that targeted Russian banks and lowered a price cap on oil exports.

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Barrot said the sanctions were aimed at increasing the cost of war for Russia to pressure President Vladimir Putin into negotiations.

READ ALSO:Ukraine Forces Capture Nigerian Fighting For Russia

The Kremlin said this month it was ready to continue talks with Ukraine after Trump gave Russia 50 days to strike a peace deal or face sanctions.

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At talks last month, Russia outlined a list of demands, including calls for Ukraine to cede more territory and to reject all forms of Western military support.

Kyiv dismissed them as unacceptable and at the time questioned the point of further negotiations if Moscow was not willing to make concessions.

AFP

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