A hugely influential factor for many when looking to secure alternative residency or citizenship through investment is the wider benefit it will bring to their family and, more specifically, their children.
International real estate experts on residency and citizenship through investment, Astons, has revealed which Golden Visas also offer the best chance of a great education.
Astons ranked each nation based on its Education Quality Index score, before highlighting where also provides some of the most cost-effective investment options with the best levels of education.
With a score of 78.2, the UK ranks top where the quality of education available is concerned. However, the process of gaining residency and citizenship is a lengthy one and also requires a minimum investment of £2m.
So what are the other options?
The United States requires a minimum investment of £662,108 and ranks with the second strongest quality of education, with an Education Quality Index score of 72. Australia ranks third with a score of 70.5, although the minimum investment required is higher at £840,900. Canada also ranks high, with a score of 69.8 where the quality of education available is concerned and a minimum investment of £694,546.
However, it’s Switzerland that offers the best all-round mixture of affordability and an excellent education. Swiss residency can be secured for as little as £166,449. Still, with an Education Quality Index score of 68.3, it also ranks within the top five nations for the best level of education available.
Ireland and Greece also present an attractive offering with minimum investment requirements ranging between £225,000 and £450,000, while they also rank within the top 10 where the quality of education available is concerned.
Managing Director of Astons, Arthur Sarkisian, commented: “The quality of life an investor can provide for their family can play a massive part in influencing their decision to invest.
Education, in particular, is a driving factor we see daily. While Covid and other political and economic factors have come to the forefront of late, the requirement to provide an excellent education to their children is one that investors have long prioritised on a long-term basis.
We’ve seen a considerable uplift in demand across many Caribbean countries over the last year as a route to escape lockdown measures. However, these programs are far less popular for the long-term, family-focussed investor due to the lower quality of education available.
However, a good level of education doesn’t necessarily mean a far larger investment and there are a wealth of programs with a minimum investment of less than one million pounds, in some cases less than £500,000, that still bring residency in a country with a high quality of education.”
The best Golden Visas for educating your children
|Nation||Residency/Citizenship||Min investment – approx £||Education Quality Index|
|United Kingdom||Residency / Citizenship by investment||£2,000,000||78.2|
|United States||Residency by investment||£662,108||72|
|Australia||Residency by investment||£840,900||70.5|
|Canada||Residency by investment||£694,546||69.8|
|Switzerland||Residency by investment||£166,449||68.3|
|Singapore||Residency by investment||£1,387,687||66|
|New Zealand||Residency by investment||£1,580,726||63.4|
|Ireland||Residency by investment||£450,655||62.6|
|Greece||Residency by investment||£225,327||62.1|
|Cyprus||Residency by investment||£270,393||60.7|
|Latvia||Residency by investment||£225,327||60|
|Portugal||Residency by investment||£252,367||59.1|
|Austria||Citizenship by investment||£2,703,928||57.3|
|Italy||Residency by investment||£225,327||56.9|
|Spain||Residency by investment||£450,655||56.1|
|Bulgaria||Citizenship by investment||£461,470||55.4|
|Thailand||Residency by investment||£12,331||53.8|
|Turkey||Citizenship by investment||£183,919||53.4|
|Malta||Residency by investment||£297,432||51.3|
|Malta||Citizenship by investment||£1,036,506||51.3|
|Montenegro||Citizenship by investment||£315,458||43.4|
|Grenada||Citizenship by investment||£110,351||36|
Source: Ceoworld Magazine
Astons is a leading global property and immigration advisory firm with offices in London, Beijing, Moscow, Dubai and Limassol (Republic of Cyprus) and offers residency & citizenship investment solutions worldwide including the UK, Turkey, Vanuatu, the EU and the Caribbean.
For further information or to discuss your personal circumstances in a private consultation, please contact Astons at [email protected] or call +44 207 292 2977.