Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Surge in Golden Visa Interest Among Americans Post-Trump Election

Increase in U.S. inquiries for foreign residency options post-2016 presidential election
Following Donald Trump's election victory in 2016, there was a notable rise in golden visa inquiries from U.S. citizens seeking foreign residency or citizenship through investment.

Henley & Partners, a renowned citizenship-by-investment firm, reported a 400% increase in inquiries during the election week.

Arton Capital also observed a significant spike, with inquiries increasing fivefold immediately after the election.

According to Dominic Volek, head of private clients at Henley & Partners, wealthy individuals view golden visa programs as a form of 'optionality' akin to an 'insurance policy', rather than plans for permanent relocation.

Similarly, Arton Capital's CEO, Armand Arton, noted that although few actually relocate, having a 'Plan B' is desired.

European countries, particularly Portugal, are appealing to golden visa seekers due to their affordability and pathways to EU citizenship.

Portugal requires a minimum investment of €250,000 in cultural heritage, granting residency and eventual citizenship eligibility.

Malta and Austria also attract affluent individuals, with Malta offering immediate citizenship for a €600,000 contribution and Austria requiring a €3.5 million investment in local businesses.

Historically, golden visas attracted individuals from politically unstable nations.

However, demand from the U.S. surged, particularly during the pandemic, as wealthy families sought travel flexibility.

Beyond the wealthy, ordinary Americans, motivated by safety concerns, are also considering moves abroad.

Flannery Foster, an American in Spain, aids these individuals, many seeking to retain U.S. citizenship to maintain their voting rights.

Social media reflects this trend, with increased discussions on moving overseas.

A YouTube video titled 'Countries for Americans Who Want to Leave the US' has garnered significant attention, highlighting the growing interest in relocating among Americans.
Newsletter

Related Articles

0:00
0:00
Close
Controversial Remarks by Péter Magyar Against the Media
German Foreign Minister Admits Ukraine Funding Came at Expense of Schools, Daycare, and Railways
Iranian Man Charged in Plot to Assassinate Donald Trump
Here's why: Scott Presley won over swing voters in Pennsylvania with a direct and uncomplicated question.
Bill Maher Shocks Liberals and Calls the Media’s Dishonest ‘Firing Squad’ Headline a HOAX
Vice President Kamala Harris proudly introduces her heroic mother, Dr. Shyamala Gopalan Harris
Siemens Acquires Altair Engineering in $10.6 Billion Deal
Understanding the US Electoral College System
Volkswagen plans to shut at least three German plants, axe tens of thousands of jobs and slash pay by 10%
There's a reason the EU is putting huge tariffs on Chinese cars. They know you and your family want one.
Venice Extends Tourist Entry Fee Program to 2025
Vatican Synod Concludes with Support for Women in Leadership Roles
France just broke a crucial barrier for Russian deserters
Meta Enhances Scam Ad Detection with Facial Recognition
German Pizzeria Caught Selling Cocaine with Pizza
Russian Boxer Receives Lifetime Ban for Illegal Move in Boxing Debut
Biden Labels Trump a Threat to Democracy
North Dakota Woman Sentenced for Poisoning Boyfriend Over Illusory Inheritance
Russian Ambassador Claims UK's Proxy War in Ukraine
Proxy Resignation Services in Japan: A Growing Trend
NASA Study Explores Potential Microbial Life Beneath Mars' Ice
Cats: The Liquid-Like Pets
Xi Jinping Urges Troops to Prepare for Conflict Amid Taiwan Drills
Hamas Chief Yahya Sinwar Killed in Israeli Operation
Fruit Fly Gut Hormone Study Sheds Light on Human Longevity
Liam Payne's Tragic Death in Buenos Aires
Trump Criticizes Zelensky for Role in Ukraine-Russia War
Yahya Sinwar’s Death Marks Pivotal Moment in Gaza War
US Warns Israel of Potential Aid Cuts Over Gaza Assistance Delays
Meta Faces Legal Battle Over Teen Social Media Addiction
Russia's Call for a BRICS Financial System Alternative
Only A Third Of Europe's Surface Waters Are Healthy
Taiwan Records Unprecedented Chinese Military Activity Post-Drills
Israel Vows to Limit Retaliatory Strike on Iran to Military Facilities
British Influencer Dies Climbing Spain's Tallest Bridge
Four Killed in Tesla Electric Car Fire in France
Man with Weapons Arrested Near Trump Rally in California
China Conducts Military Drills Around Taiwan: A Strategic Warning
US Deploys THAAD Missile Defense System to Israel
DNA Evidence Suggests Christopher Columbus Was a Sephardic Jew
NASA Launches Europa Clipper Mission to Explore Jupiter's Moon
Tesla's Robotaxi Design Strikes Controversy
Poll Shows Trump Favored Over Harris in Handling Wars
Boeing to Reduce Workforce by 10% Amid Financial Strain
These robotic arms deliver a massage that can be customized to the user's needs
Prospect of UK Rejoining the EU Discussed by Peter Mandelson
Historic Floods Reshape Sahara Desert Landscape
Brazilian Man Arrested for Decades-long Abuse and Imprisonment of Family
EU Plans Sanctions on Iran for Missile Transfers to Russia
Nihon Hidankyo Wins Nobel Peace Prize
×