A small but growing percentage of the people I meet in my consulting service at International Living want a Plan B to leave the US in place without moving to a second country right away. With a few exceptions, that means making a qualifying investment, a.k.a. a “golden visa.”
Most countries are changing their golden visas to prioritize investors and people with desirable skill sets. You can still get a visa through passive investment, but they’re more expensive. For example, you can get Portuguese residency for as little as a €100,000 investment in a Portuguese startup, while a passive investment golden visa will cost you €500,000.
That’s pretty steep. Fortunately, there are 11 countries where you can get immediate long-term residency for less than $100,000 through passive investment.
How to Get a Second Passport
How to Get a Second Passport
According to Forbes, 133 million Americans could be eligible for an EU passport…
Our expert shows you 4 paths to a European passport (and the one he’s taking), plus the most common way for Americans to get a second passport in Europe.
Claim your free report and bonus video when you sign up for International Living's Daily Postcards.

By submitting your email address, you will receive a free subscription to IL Postcards, The Untourist Daily and special offers from International Living and our affiliates. You can unsubscribe at any time, and we encourage you to read more about our Privacy Policy.
Get in for Less

Armenia Permanent Residence: $5,000
Armenia will give you permanent residence if you are “engaged in business activities.” Unlike other business-based visas, you just say that that’s what you’re doing without having to submit a business plan. No physical presence is required. After three years of residency, you become eligible for Armenian citizenship. Plus, Armenia permits dual citizenship.
Thailand Privilege Residence: $26,000
Thailand Privilege’s Gold tier, priced at approximately $26,000, grants a five-year visa. A cheaper Bronze tier at $19,00 is available until March 31, 2026. Physical presence is not required. However, Thailand Privilege has no path to permanent residency or citizenship.
Nicaragua Investor Permanent Residency: $30,000
Nicaragua grants immediate permanent residency to those who invest $30,000 in real estate, a new local business, or government-approved forestry and agricultural projects. There is no formal physical presence requirement. Citizenship is available after approximately four years, but the country recently eliminated dual citizenship.
Ecuador Investor Visa: $48,200
Ecuador’s Inversionista visa requires an investment of $48,200 in bank deposits, real estate, or passive equity in local companies. The initial permit is valid for two years. After two years, you can apply for permanent status. Citizenship follows after another two years. Ecuador permits dual citizenship. There is no minimum presence requirement, but to get permanent residency or citizenship, absences cannot exceed 180 days per year.
Keep Your Options Open

Egypt Residence by Investment: $50,000
Egypt offers renewable residence permits to foreigners who acquire real estate or make a term deposit of at least $50,000 in a state-owned bank for a one-year permit through either route. The permit is renewable indefinitely if the investment is maintained. No physical presence is required. The program offers no path to permanent residency or citizenship.
Azerbaijan Investor Residence: $58,800
Azerbaijan’s investor residence program grants residence to foreigners who invest at least approximately $58,800 in real estate, a bank term deposit, or government securities. Physical presence is not required, but citizenship is possible after five years of continuous residence. Azerbaijan does not permit dual citizenship.
Cambodia My 2nd Home: $100,000
Cambodia’s M2H program grants a ten-year renewable visa to applicants who invest at least $100,000 in real estate projects. No physical presence is required. After maintaining the investment for five years, holders become eligible for Cambodian citizenship. Cambodia permits dual citizenship.
Philippines SIRV and FIV: $75,000
The Philippines offers two passive investor residence programs at the same $75,000 threshold. The Special Investor’s Residence Visa (SIRV) requires a $75,000 investment in securities listed on the Philippine Stock Exchange. The Foreign Investor Visa (FIV) accepts a broader range of qualifying investments. Both grant permanent residency. Physical presence is not required. Citizenship is available after ten years of continuous residence. The Philippines permits dual citizenship.
Build Toward Residency or Citizenship

Latvia Golden Visa: $64,500
Latvia’s golden visa offers the cheapest path to EU residence through passive investment: €50,000 equity in a Latvian company with up to 50 employees and under €10 million in annual turnover, plus a mandatory €10,000 state duty upon approval, bringing the total to $64,500 including fees. The company must pay at least €40,000 in corporate taxes annually to maintain the permit, so the enterprise needs to be operational and profitable. The permit is valid for 5 years and requires you to enter Latvia at least once every 12 months.
Permanent residency is available after five years. Citizenship follows after ten years in total. Latvia allows dual citizenship to citizens of NATO states, including the US and Canada.
Sri Lanka Investor Visas: $75,000
Sri Lanka’s cheapest residence permit costs $75,000, invested in a condo outside city centres or in public equities, both of which grant a five-year visa. Physical presence is not required. Sri Lanka offers permanent residency only under the bank deposit-to-investment scheme, which requires a $200,000 deposit, followed by conversion into an approved investment project within two years. This is the only route that leads to citizenship, available after five years. Sri Lanka allows dual citizenship.
Cape Verde Green Card: $94,000
Cape Verde offers permanent residency through real estate investment starting at approximately $94,000 in areas with below-average GDP per capita. (In wealthier areas, the minimum rises to €120,000.) Physical presence is not required, but after five years of habitual residence, you can apply for citizenship. Cape Verde permits dual citizenship.
If you’re looking for a “Break Glass in Emergency” residency abroad, these countries can help you achieve it. So can I: Drop me a line and let’s discuss your goals and how you can achieve them.
How to Get a Second Passport
How to Get a Second Passport
According to Forbes, 133 million Americans could be eligible for an EU passport…
Our expert shows you 4 paths to a European passport (and the one he’s taking), plus the most common way for Americans to get a second passport in Europe.
Claim your free report and bonus video when you sign up for International Living's Daily Postcards.

By submitting your email address, you will receive a free subscription to IL Postcards, The Untourist Daily and special offers from International Living and our affiliates. You can unsubscribe at any time, and we encourage you to read more about our Privacy Policy.
