Why Indian families choose a golden visa over a second passport
A golden visa is a residence permit granted in return for a qualifying investment. Unlike citizenship by investment, it does not require you to give up anything: India does not allow dual citizenship, but holding a foreign residence permit leaves your Indian citizenship untouched.
It suits families who want a second base — schooling in Europe, a business foothold in the Gulf, the option to relocate later — without an immediate move. The trade-off is that residence is renewed rather than owned, and some programmes expect you to keep the investment in place for years.
Moving the money out of India under LRS
This is where most Indian golden-visa cases succeed or stall. Under the Reserve Bank of India's Liberalised Remittance Scheme, every resident individual, including minors, can send up to USD 250,000 per financial year (April to March) for permitted purposes.
Family members can combine their limits for buying property abroad, as long as each of them meets the scheme's conditions. For other investments — a fund subscription, for example — combining is only allowed where the family members co-own the investment. Larger routes therefore often need the remittance spread across family members or across two financial years. Plan it with your bank and chartered accountant before you sign anything with a deadline.
Banks also collect tax at source (TCS) on large LRS remittances, at rates set in each Union Budget. It is usually adjustable against your income tax, but it ties up cash at the moment you send the money, so budget for it.
How a golden visa case runs
Eligibility first: the route that fits your capital and your family, the presence rules you can actually keep, and whether the investment itself is sound. A fund-based route is an investment decision as much as a residence one, and deserves the same diligence as any other investment.
Then the source-of-funds file — income-tax returns, business distributions, sale deeds — assembled so the destination country's officials can follow it. Then the remittance, the investment, the application and biometrics, and the residence card.
Questions to ask any golden visa consultant in Bangalore
Is the route you are recommending still open, under current law? (Portugal's property route, for instance, was removed in 2023.) Are you paid a commission by the fund, developer or project you are recommending? Are your fees written down separately from the investment and government fees? Who checks the fund or property itself, and how?
Answers in writing, before you pay a fee, are what separate advice from sales.
Visiting the Koramangala office
The office is on 80 Feet Road in 4th Block, Koramangala. Appointments are preferred so a senior advisor has the time set aside.
If you are outside Bangalore, the consultation is available online and the written summary is the same.
Golden visa programmes we handle, with their published minimums
Each row links to the full programme page, which sets out the investment rules, fees, family rules and presence requirements. The figures below are read directly from those pages, so they always match.
| Country | Route | Published minimum | Published timeline |
|---|---|---|---|
| Portugal | Portugal Golden Visa – Capital Transfer Route | EUR 250,000 | 15 months |
| Portugal | Portugal Golden Visa – Business Investment Route | EUR 500,000 | 18 months |
| Greece | Greece Golden Visa – Real Estate Investment Route | EUR 400,000 | See programme page |
| Malta | Malta Permanent Residence Programme – Property Purchase Route | EUR 375,000 | See programme page |
| Hungary | Hungary Residency by Investment – Real Estate Fund Route | EUR 250,000 | See programme page |
| United Arab Emirates | UAE Golden Visa – Real Estate Investment | AED 2,000,000 | 2 months |
Published minimum = the lowest qualifying investment on the programme page. Government contributions, fees, taxes and professional fees are extra, and some routes have higher thresholds in certain regions. Confirm the current figure for your chosen route before you commit.
Common questions
- Do I lose my Indian citizenship with a golden visa?
- No. A golden visa is a residence permit, not citizenship, so your Indian citizenship and passport are unaffected. Indian citizenship is only lost if you later acquire another country's citizenship.
- How much money can I send abroad for a golden visa?
- Under the RBI's Liberalised Remittance Scheme, up to USD 250,000 per resident individual per financial year, minors included. Family members can combine limits for buying property abroad if each meets the conditions; for other investments only where they co-own the investment. Larger routes are often spread across family members or financial years.
- Can I still get a Portugal golden visa by buying property?
- No. Portugal removed residential property as a qualifying investment in 2023. The routes that remain centre on investment funds, research, culture and business investment — see the Portugal programme pages for the current minimums.
- Which golden visa is the cheapest?
- The table above lists each programme's published minimum, but the headline figure is not the total. Contributions, fees, taxes and, for property, regional thresholds change the real number. Compare the full cost for your family and the presence rules you can keep.
- Who are the golden visa consultants in Bangalore?
- Several firms in Bangalore advise on residence by investment. Judge any of them, including us, on whether the route they recommend is open under current law, whether they are paid by the fund or developer they recommend, and whether their fees are written down separately from the investment.
- Does a golden visa lead to citizenship?
- Sometimes, after years of residence and further conditions — and for an Indian citizen, taking that citizenship would end Indian citizenship. Treat a golden visa as worth having for the residence itself.
Related
- Citizenship by investment consultants in BangaloreFor an Indian citizen, a second passport is a permanent decision. The advice should start with what you give up, not with the brochure.
- Immigration consultants in BangaloreSeventeen years of files, five offices, and a licence number you can look up before you pay anyone a rupee.
- Verified immigration consultants in BangaloreAnyone can print a certificate. Only a regulator can publish a register. Here is how to use one.
- Immigration consultants in KoramangalaThe office is a five-minute walk from Forum Mall. The licence number is CICC R516194, and you can check it before you come.
