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Countries apart from the U.S offering ‘golden visa’ in exchange for investments

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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Many countries offer “golden visas” or similar schemes to attract foreign capital.

Below are some of the most notable programs worldwide:

Europe

1. 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.

2. 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.

3. Italy – Italy’s golden visa grants residency to investors contributing between €250,000 and €2 million, with visa-free access to the Schengen Area. Cyprus – Requires a minimum investment of €300,000 for foreign nationals seeking residency.

Middle East

4. 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.

Caribbean

Several Caribbean nations offer citizenship in exchange for economic contributions:

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

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

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

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

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

Asia.

10 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.

11. 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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JUST IN: Lagos APC lawmakers deny defection rumours

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Chairman of the Lagos State House of Assembly Committee on Information, Strategy, and Security, Ogundipe Olukayode, has dismissed claims that 25 lawmakers are planning to defect from the All Progressives Congress to an unnamed party.

According to Leadership, Olukayode described in a Tuesday statement that the report is “entirely false and without merit.”

“We categorically state that this claim is entirely false and without merit.“

During the recent leadership dispute within the Assembly, a similar report surfaced, suggesting that twenty-seven (27) members were preparing to leave the APC for the Labour Party.

“That claim was also unequivocally refuted, with members affirming their commitment to the party and confidence in resolving internal disagreements through established mechanisms,” he stated.

He emphasized that no APC lawmaker in the Assembly was contemplating defection, reiterating that as progressives, any challenges faced are resolved through democratic and lawful means.

Olukayode further assured that the APC leadership is actively addressing all internal concerns and outstanding issues will be resolved amicably.

He urged those spreading the rumours to desist from misleading the public, stressing that the Lagos Assembly remains focused on its legislative duties of enacting laws and motions that drive the state’s development.

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Fire Alert update: Lagos State Fire and Rescue Service Contains Tanker Fire on Otedola Bridge

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The Lagos State Fire and Rescue Service has attending to a Fire resulting from a tanker accident outward Otedola bridge, Omole, Lagos at about 20:00 hours yesterday.

The 30 tonnes DAF Gas Truck with an unknown registration number is on it way navigating the Lagos-Ibadan expressway before an accident resulting in an ensuing explosion accompany with Fire balls in front of a Reedem Church.

The resultant Fire quickly spread to the church and adjoining bungalow building as well as four different brands of vehicles as it being mitigated from causing further damage.

According to Director, Lagos State Fire and Rescue Service, Margaret Adeseye, there has been no record of casualty with further update to follow.

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CSO, Reps seek gender-responsive legislative reforms

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A Civil Society Organisation, Gender Mobile Initiative and the Speaker of the House of Representatives have highlighted the urgent need for gender-responsive legislative reforms.

The call was made at the Women’s Policy Action Lab as part of activities marking International Women’s Day 2025 in Abuja, according to a statement by the Communication Officer, Gender Mobile Initiative, Abubakar Abdullahi.

The meeting further reinforced the need for commitment by stakeholders to advance gender equality in Nigeria.

Chairman of the House of Representatives Committee on Youth, Olamujuwonlo Alao Akala, in his remark, assured that the House would activate recommendations made at the lab for necessary legislative action.

The lab, guided by legal experts and policymakers, analyzed and proposed amendments to key policies affecting women’s rights, including the VAPP Act, National Gender Policy, Child Rights Act and the Nigerian Labour Laws.

Stakeholders also emphasized accountability, inclusivity and effective implementation of government policies as they affect women.

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