Golden Passports and Visas: A Price for Freedom

Golden passports and visas, offering visa-free access to over 150 countries, have become a sought-after commodity. For a sum ranging from $100,000 to $1 million, individuals can obtain citizenship or residency in another country, providing the allure of enhanced travel opportunities and lifestyle upgrades. Indians are increasingly availing themselves of this opportunity, driven by the benefits of easier travel, improved quality of life, and enhanced business prospects abroad. While countries like the US leverage such programs for economic stimulation through foreign investment, concerns over potential misuse and security risks have led to increased scrutiny and regulatory adjustments across the globe.