A Golden Visa is a type of residency-by-investment program that allows individuals and their families to obtain residency or even citizenship in a foreign country by investing in its economy. The name "golden visa" comes from its benefits, such as the ability to travel freely within the country and the potential tax benefits. The investment amount required to qualify for the program varies depending on the country offering the program, and it can range from $250,000 to millions. The program was introduced in 2013 by Greece, and it offers residency to non-EEA nationals in exchange for specific direct investments in real estate or financial instruments. The program requires a minimum investment of €250,000 in real estate or €400,000 in securities or a bank deposit in Greece. The Golden Visa program is offered by many countries worldwide, including Canada, Cyprus, Greece, Malta, New Zealand, Portugal, Singapore, Spain, Switzerland, the UK, and the United States of America. The benefits of holding a Golden Visa include access to new markets and a host of business, career, educational, healthcare, tax, and lifestyle opportunities on a worldwide scale, for both present and future generations.