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Beware of Fake Golden Visa Programs - Ekonomim

Home - News - Beware of Fake Golden Visa Programs - Ekonomim

The global volume of Golden Visa programs is approaching $100 billion. Growing interest has led to an increase in content that misleads investors through programs that do not exist or are no longer valid. Teuta Narazan, Founding Partner of Vesta Global, emphasizes the importance of accurate and up-to-date information, stating, “It is crucial for our investors to obtain information from the right sources and official channels. Programs and countries' regulations can change over time; therefore, closely monitoring the process is critical. In this process, which is prone to misinformation, it is necessary to be cautious and proceed on solid ground.”
 

Global interest in residency and citizenship-by-investment programs continues to grow. The market volume, which was around $20 billion before the pandemic, is expected to reach nearly $100 billion by 2025. However, experts point out that the increasing interest has also led to a rise in fraudulent ventures seeking to exploit this trend. Particularly on social media and digital platforms, some programs that have officially ended or were never implemented, as well as residence visas that do not fall under the Golden Visa scope, can be promoted as if they were active under the name “Golden Visa.” Such promotions can expose investors to serious legal and financial risks.

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