Investment Migration Programs Under $200,000
Twenty-six active programs require $200,000 or less. This bracket opens access to European residency (Greece, Latvia, Hungary, Austria, Croatia), Caribbean CBI (Vanuatu at $130,000), and Asian options including Malaysia MM2H Silver and Cambodia. Most programs in this range offer family inclusion and several provide a path to permanent residency or citizenship.
Programs
28
Countries
23
Types
CBI & RBI
From
Income-based
Key Takeaways
- ✓ Greece Golden Visa starts at EUR 250,000 in lower-demand areas, making it the gateway to Schengen
- ✓ Malaysia MM2H Silver at $150,000 is the most established Asian residency program
- ✓ Vanuatu DSP at $130,000 is the fastest CBI globally (30-60 days)
- ✓ Several European programs in this range offer a path to EU citizenship within 5-10 years
All Programs at a Glance
Sorted by minimum investment. Each country name in the table below links to the full program page.
Explore Each Program
Detailed cards below — investment requirements, timelines, and key benefits for each program.
D7 Passive Income Visa
Income-based
Proof of passive income (approx. €900/month minimum)
3 months
183+ days/year
2 years (renewable)
Yes
10 years (7 for EU/CPLP nationals)
191
- ✓ No investment required, income-based
- ✓ Pension income accepted
- ✓ Must reside in Portugal
Non-Lucrative Visa
Income-based
Proof of passive income of ~€2,300/month (400% of Spain's IPREM index) for main applicant, plus ~€575/month per dependent. Private health insurance mandatory. Property lease or purchase required. Cannot work for Spanish employers.
5 months
183+ days/year in Spain (6 months continuous absence risks permit loss)
1 year (renewable)
No
10 years
191
- ✓ No investment required — income-based route only
- ✓ Beckham Law available: flat 24% tax on Spanish income for first 6 years
- ✓ Pension, dividend, and rental income all qualify as passive income
Digital Nomad Visa
Income-based
No investment. Must demonstrate remote employment or freelance activity for a non-Spanish company, with minimum income of approximately €2,520/month (200% IPREM).
1-3 months
Must reside in Spain
1 year visa, then 3-year residence permit (renewable)
Yes
10 years
191
- ✓ Beckham Law eligible: 24% flat tax on Spanish-source income for first 6 years
- ✓ No investment required, income-based qualification
- ✓ Full Schengen access
Elective Residence Visa
Income-based
Proof of stable passive income (no fixed minimum, typically €31K+/year) + property.
3-6 months
Must reside in Italy (183+ days/year). No work permitted.
1 year (renewable)
No
10 years
191
- ✓ Income-based, no investment required
- ✓ Cannot work in Italy
- ✓ Flat tax regime available
Rentista (Passive Income)
Income-based
Proof of $2,500/month stable passive income for 2+ years.
3-6 months
Visit once/year
2 years (renewable)
No
7 years
153
- ✓ Income-based, no investment
- ✓ Pension income accepted
- ✓ Must not work in Costa Rica
Pensionado (Retiree Residency)
Income-based
Proof of $1,000/month pension income from a recognised pension source.
3-6 months
Visit once/year
2 years (renewable, permanent residency after 3 years)
No
7 years
153
- ✓ Lowest income threshold of the three Costa Rica routes ($1,000/month)
- ✓ Pension income accepted from any country
- ✓ Must not work in Costa Rica
Premium Visa
Income-based
$1,500/month income from foreign sources OR approximately $18,000 equivalent bank deposit alternative. 1-year renewable long-stay visa. Designed for remote workers, retirees, and long-stay tourists. Local Mauritian employment prohibited. Launched October 2020.
2-4 weeks
None (visa is for long-stay purposes)
1 year (renewable)
No
No direct path
148
- ✓ No investment required, income or deposit based
- ✓ Fast processing (2-4 weeks) via online application
- ✓ Remote workers can operate for foreign employers
Digital Nomad Visa
Income-based
Proof of €2,540/month income from remote work for non-Croatian employer.
1-2 months
Must reside in Croatia
1 year (non-renewable, can reapply after 6 months)
No
No direct path
188
- ✓ No Croatian tax on foreign income during the visa period
- ✓ Full Schengen access — Croatia joined Schengen and adopted Euro in 2023
- ✓ Non-renewable — must leave for 6 months before reapplying
Temporary Residence for Business Activity
Income-based
Company registration in Croatia or appointment as director/board member. No minimum capital requirement for d.o.o. (LLC equivalent).
1-3 months
Must reside in Croatia
1 year (renewable annually, leads to permanent residence after 5 years)
Yes
8 years (5 years continuous residence + 3 years permanent residence)
188
- ✓ EU + Schengen + Eurozone access from 2023
- ✓ Actual path to Croatian (EU) citizenship via 8-year integration
- ✓ Full work rights, unlike the Digital Nomad Visa
National Innovation Visa (NIV)
Income-based
No minimum investment threshold. Invitation-only based on exceptional achievement and recognised contribution to innovation, research, entrepreneurship, investment, sport, or arts. Must submit Expression of Interest (EOI); Department issues invitations. State nomination required for most streams.
12-24 months
Must reside in Australia
Permanent (direct PR)
Yes
4 years (after PR)
189
- ✓ Merit-based, not investment-based — no minimum capital threshold
- ✓ Grants permanent residence directly, not a provisional visa
- ✓ Highly selective: ~300 invitations issued from 9,000+ EOIs as of 2025
Critical Skills Visa
Income-based
No investment. Must hold qualifications in a gazetted critical skill (engineering, IT, finance, healthcare, etc.).
4-8 weeks
Must reside and work in South Africa
5 years (renewable, leads to PR)
Yes
10 years (5 years to PR, then 5 years to citizenship)
106
- ✓ No investment required, skills-based entry
- ✓ Fast processing (4-8 weeks typical)
- ✓ Full work rights from day one
Qualified Retired Persons Programme (QRP)
$24,000
$2,000/month income proof ($24,000/year) from a pension, annuity, or other stable source outside Belize.
2-3 months
Approximately 1 visit per year
Permanent (annual renewal of QRP status)
No
5 years (via standard naturalisation after 1 year residency + 4 years PR)
96
- ✓ Income-based, no lump-sum investment required
- ✓ All foreign income and assets fully tax-exempt under QRP
- ✓ English-speaking, common law jurisdiction
Occupation Permit (Investor / Self-Employed)
$50,000
Investor route: $50,000 USD equity in a Mauritian business or annual business turnover of $50K+. Self-Employed route: $35,000+ annual revenue from a Mauritian professional activity. Issued for 3 years, renewable, convertible to permanent residence after 3 years of active operation.
2-3 months
Active business or professional operation in Mauritius
3 years (renewable, PR after 3 years active)
Yes
No direct path
148
- ✓ Lowest capital threshold for Mauritius residency via active business
- ✓ Self-employed professionals qualify at $35K annual revenue
- ✓ Converts to permanent residence after 3 years of active operation
Golden Visa
€50,000
Real estate: €250K+ in Riga or within 30km (freehold, 5-year hold, +5% government fee). Business: €50K into Latvian company (<50 employees) or €100K (50+ employees), plus €10K government fee. Bank deposit: €280K fixed for 5 years. Income proof: €2,220/month required.
1-3 months
Must maintain investment
5 years (renewable)
Yes
10 years (PR after 4 years)
188
- ✓ Lowest EU Golden Visa business investment route at €50K
- ✓ Corporate tax on distributed profits only — reinvested profits untaxed
- ✓ Permanent residency available after 4 years
Investor Residency (SUACE)
$70,000
$70K bank deposit or business investment.
1-3 months
Minimal
Permanent
Yes
3 years
143
- ✓ Fastest citizenship in South America — 3 years from permanent residency
- ✓ $70K investment threshold — lowest in the Americas for a PR+citizenship path
- ✓ Flat 10% territorial tax — no tax on foreign income whatsoever
NECRCP (Climate Resilience Citizenship)
$90,000
$90,000 standard contribution to Nauru Economic and Climate Resilience Programme. Promotional rate of $80,000 available through June 2026.
3-6 months
None
Citizenship (permanent)
Yes
Direct
48
- ✓ Direct citizenship from $90K standard ($80K promotional through June 2026)
- ✓ Zero-tax jurisdiction: no income, corporate, capital gains, or VAT
- ✓ Only 48 countries visa-free — chosen for cost diversification, not mobility
Citizenship by Investment
$90,000
$90K donation to National Transformation Fund (single applicant). $95K for families of 2-4. Total cost with fees ~$105K.
2-3 months
None
Citizenship (permanent)
Yes
Direct
61
- ✓ Cheapest CBI program globally ($90K)
- ✓ Fastest processing (as little as 6 weeks)
- ✓ CPLP member: fast-track to Portuguese/Brazilian residency
Cambodia My Second Home (CM2H)
$100,000
$100K+ in approved real estate project (government-approved developments only, including residential and mixed-use in Phnom Penh). Includes KHCA membership fee. Total cost typically $50K–$100K depending on chosen project. Work rights included from day one.
4-6 months
Minimal
10 years
Yes
5 years (by naturalization under 1996 Nationality Law)
54
- ✓ USD de facto currency — eliminates exchange rate risk for dollar investors
- ✓ Citizenship eligible after 5 years — fastest path to SE Asian passport
- ✓ Work rights included — unlike some competing programs
Residence Permit (Financially Independent)
€100,000
€100K+ in demonstrable financial means. No specific investment vehicle required but must prove financial independence.
3-6 months
Must reside in Austria
1 year (renewable, PR after 5 years)
No
10 years (6 years under certain conditions)
191
- ✓ Vienna rated world's most livable city multiple years running
- ✓ Strict annual quota — apply early in the year, spots fill fast
- ✓ German language certification required for permit renewals
Citizenship by Investment
$100,000
$100K Heritage track (African descent) or $140K standard track contribution. Total cost with fees approximately $117K–$157K depending on track.
2-3 months
None
Citizenship (permanent)
Yes
Direct
64
- ✓ Two tracks: $100K Heritage (African descent) or $140K standard
- ✓ Fully remote, no visit required
- ✓ Fast processing (2 months)
Development Support Program (DSP)
$130,000
$130K government contribution (single applicant). Additional fees for family members.
1-3 months
None
Citizenship (permanent)
Yes
Direct
88
- ✓ World's fastest CBI (approvals routinely in 30-60 days, some in 3 weeks)
- ✓ Zero-tax jurisdiction: no income, corporate, capital gains, or inheritance tax
- ✓ Schengen access revoked March 2022; UK requires a Standard Visitor visa
Self-Sponsorship (Investor/Property Owner)
$133,000
Two variants: BHD 100,000+ (~$266,000) in share ownership of a Bahraini enterprise, or BHD 50,000+ (~$133,000) in Bahraini property plus stable income of BHD 500+/month. Administered by the Ministry of Interior's Nationality, Passports and Residence Affairs directorate.
Approximately 40 working days
None
2, 5, or 10 years (renewable, fee scales with duration)
Yes
No direct path (Bahrain does not offer citizenship by investment)
87
- ✓ Lowest published entry cost of any Gulf residency program on this site (from ~$133,000)
- ✓ Official ~40 working day processing estimate, among the most specific published in the Gulf
- ✓ Predates the Golden Residency brand; distinct administrative channel
MM2H Silver
$150,000
USD 150,000 fixed deposit in Malaysian bank + mandatory property purchase RM 600K+. No income or liquid asset requirements (removed under June 2024 reform). Up to 50% FD withdrawal allowed after 1 year for property, healthcare, or education.
2-3 months
90 days/year
5 years (renewable)
No
No direct path
180
- ✓ Property purchase mandatory — minimum RM 600K
- ✓ Cannot work or do business in Malaysia
- ✓ No monthly income or liquid asset requirements
Malta Permanent Residence (MPRP)
€150,000
Government contribution (€68K-€98K) + property purchase (€300K+) or rent (€12K/year) + €2K donation.
4-6 months
Minimal
Permanent
No
No direct path
188
- ✓ 4-generation family inclusion (most generous in EU)
- ✓ Schengen access
- ✓ Permanent residence
Investor Residency
$150,000
$150K+ in real estate (must be in applicant's personal name), business investment, private equity funds, shares, securities, or sustainable tourism projects. Note: $150K is a temporary threshold (reduced from $200K under Law No. 9996); may revert to $200K if not extended past mid-2026.
3-6 months
Visit once/year minimum
2 years (renewable, PR after 3 years)
No
7 years
153
- ✓ Territorial tax — foreign income fully exempt
- ✓ No military since 1948 — one of Latin America's most stable democracies
- ✓ Permanent residency available after 3 years of actual residence
Citizenship by Investment
$200,000
$200K donation to Economic Diversification Fund or $200K+ real estate (3-year hold).
3-4 months
None
Citizenship (permanent)
Yes
Direct
145
- ✓ Most affordable CBI globally
- ✓ No residency or visit requirement
- ✓ No interview required
Friendly Nations Visa
$200,000
$200K+ in Panamanian real estate or 3-year Certificate of Deposit in a Panamanian bank. Alternatively, employment with a Panamanian company qualifies. Provisional residency within ~72 hours, permanent residency after 2 years. Available to 50+ eligible nationalities including US, UK, EU, and most Commonwealth countries.
3-6 months
Visit every 2 years
Permanent Residence
Yes
5 years
143
- ✓ Territorial tax — zero tax on all foreign-source income
- ✓ USD-based economy — no currency risk for dollar-denominated wealth
- ✓ Provisional residency granted in ~72 hours
Residence Permit (Real Estate Investment)
$200,000
QAR 730,000+ (~$200,000, QAR/USD peg 3.64) in approved freehold real estate within designated investment zones (The Pearl-Qatar, Lusail, West Bay Lagoon, and similar Cabinet-approved areas). Renewable residence permit tied to continued ownership of the qualifying property.
Days to a few weeks once the property purchase is registered
Approximately 90 days/year, continuous or intermittent, to keep the permit renewable
Renewable for as long as the qualifying property is held
Yes
No (Qatar does not offer citizenship by investment)
118
- ✓ Fast-track issuance: residency and title can follow within days of a registered purchase
- ✓ No employer sponsorship required; residency is tied to the property, not a job
- ✓ Access to public healthcare and education for the primary holder and dependants
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