As the unrest in the Hong Kong worsening day after day, wealthy Hong Kong citizens are on the hunt of ‘golden visa’ to leave the country for a peaceful stay in other countries.
Many countries run "golden visa" schemes that offer resident or citizenship rights in exchange for sizeable investments. Several migration firms have reported a rise in interest from Hong Kong for golden visas since the unrest began.
The clash between the Hong Police and protesters reached to a new level as the police fired on the chest of a protester couple of days back. Quoting various immigration agencies, BBC reported that a sharp rise in interest is witnessed from Hong Kong residents in ‘investor visa’ schemes.
‘Golden visa’ programmes exist all over the world and most countries offer a visa on the purchase of property, government bonds or a set donation. The minimum investment for a golden visa starts from a $100,000 (£81,200) donation in Antigua & Barbuda, to around €2m (£1.8m) in real estate investment for Cyprus.