Golden Visa Programs Surge: Wealthy Americans Seek Global Backup Plans
400% Spike in Golden Visa Interest Among U.S. Citizens After Election
In the wake of Donald Trump’s sweeping presidential election victory, wealthy Americans are increasingly exploring golden visa programs—residency and citizenship options through investments. This surge reflects a growing demand for “Plan B” strategies as individuals seek flexibility and global mobility in an uncertain political climate.
Leading citizenship-by-investment consultancy Henley & Partners reported an astonishing 400% increase in inquiries from U.S. citizens during election week. Dominic Volek, the company’s head of private clients, described the trend as akin to securing an “insurance policy,” with most applicants seeking contingency plans rather than outright relocation.
Similarly, Arton Capital, another global advisory firm, experienced a fivefold surge in inquiries the day after Trump’s victory. CEO Arman Arton explained, “Only a small percentage of these individuals are relocating, but having the option for a secure alternative is becoming a key priority for many.”
Why the Wealthy Are Turning to Golden Visa Programs
Golden visa programs have historically appealed to individuals from politically or economically unstable regions. However, a growing number of affluent Americans are now considering them as a safeguard for the future. The pandemic amplified this interest, as travel restrictions underscored the value of dual citizenship and unrestricted access to international destinations.
For high-net-worth individuals, European countries remain the top choice for golden visas:
- Portugal: The Golden Residence Permit Programme offers one of the most cost-effective pathways to EU citizenship. An investment as low as €250,000 in cultural heritage qualifies applicants for residency, with citizenship eligibility after five years.
- Malta: Renowned for its expedited citizenship process, Malta requires a non-refundable contribution of €600,000, along with investments in real estate and charitable donations.
- Austria: For those with deeper pockets, Austria provides citizenship through a minimum €3.5 million investment, often in local businesses.
These programs offer more than just legal status—they open doors to enhanced global mobility, business opportunities, and personal security.
A Broader Shift in Relocation Trends
While golden visa programs primarily attract the ultra-wealthy, a significant number of ordinary Americans are also contemplating moves abroad. Many are motivated by safety concerns rather than luxury.
Flannery Foster, an American expatriate based in Spain who assists others in relocating, noted that she regularly encounters individuals whose circumstances demand urgent relocation. These include women, Black individuals, and LGBTQ+ families facing heightened risks in the U.S.
“Many people I work with aren’t leaving by choice; they’re leaving because they have to,” said Foster. “But they often want to retain their U.S. citizenship to ensure their vote and connection to home still count.”
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