Country offers new fast-track citizenship to wealthy Americans seeking other opportunities

With the growing popularity of“golden” visasamong wealthy Americans, one country is expanding the pathways for those interested in gaining citizenship in this fashion. 

Greece has introduced the “Greek Startup ecosystem,” expanding citizenship opportunities beyond just an investment in real estate.

Those eligible can invest around $259,000 in select startups listed on the country’s National Startup Registry in sectors that include real estate, defense and finance, according to the official platform Elevate Greece (EG).

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“A strong culture of innovation and entrepreneurship drives the public and private sectors to join forces through Elevate Greece and reach out into global markets,promoting Greeceas a major innovation hub in Southeast Europe,” the EG website says.

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Americans have been increasingly seeking second citizenship residencies as an “insurance� 

Greece is opening a new citizenship pathway for international entrepreneurs through startup investments.(Mehmet Emin Menguarslan/Anadolu via Getty Images)

�golden” visa programs have become “mainstream” today. 

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“We’re seeing a clear shift away from passive real estate toward moreactive investmentsthat directly support the local economy, including startups, operating businesses and private equity, with more risk but also more potential reward,” said Bennis.

tech money,while other countries are still stuck in red tape,” said Bennis. 

Those eligible for the new program in Greece can invest around $259,000 in select startups that are listed on the country’s National Startup Registry.(iStock)

“This is a country saying, ‘If you invest and build, we’ll make it easy for you to stay.'”

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“America pioneered the idea that capital and entrepreneurship should be welcomed, not punished.”

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Arton Capital adviseshigh-net worth individualson the process of investing in citizenship or residency all around the world.

“America pioneered the idea that capital and entrepreneurship should be welcomed, not punished,” said Bennis. 

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“TheTrump Gold Cardmade that clear, and I think Greece is following that logic.”

The Trump Gold Card was launched in December to provide a new, streamlinedpath to U.S.citizenship.

“This is a country saying, ‘If you invest and build, we’ll make it easy for you to stay,'” said an expert in citizenship residency and investment programs. (iStock)

The card is a visa for individuals who can provide substantial benefit to the United States.

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It requires a nonrefundable $15,000 processing fee and a $1 million gift after vetting, with expedited review once fees and documents are submitted, according toTrumpCard.gov.

Ashley J.