I should be sympathetic to people’s need for golden visas, and even more so for second passports. Before I became a British citizen (because I live and work in London), I spent a good part of my life travelling on a Lebanese passport – which was a nightmare when it came to obtaining visas, and even raised red flags at airports. My most chilling moment was in Rome, where I was once accompanied by a security guard from check-in to boarding and made to feel I was a menace to other passengers.
I doubt my parents would have invested in a residency permit or a second nationality even if they’d been able to afford it. It wasn’t an easy option, in any case. These days it is much more common to shop for golden visas, permanent residency and even citizenship. The critical ingredient is cash. As financially strained governments have discovered a quick way to boost investment, demand for immigration options has skyrocketed, especially from wealthy Chinese and Russians.
Websites help you pick the best golden visas, quite a few of them European. A growing number of banks, law firms and consultancies are dedicating staff to advising on the most efficient programmes for temporary or permanent residency and a new nationality. Some countries, meanwhile, are openly advertising citizenship.