Exploring Residency Options for Indians Without Buying Property
Many Indians are exploring alternative citizenship and residency options worldwide, seeking routes that don’t demand property purchases or massive financial commitments.
ResidencyCitizenshipIndiaPropertyInvestmentReal EstateJul 10, 2025
Saudi Arabia (Premium Residency)
₹1.78 crore for permanent residency, ₹22.3 lakh annually for renewable residency
No local sponsor required
Right to buy property, start businesses, and sponsor family
Does not lead to citizenship
Paraguay
₹4.15–5 lakh bank deposit or small business investment
Residency in 3–6 months
Citizenship after 3 years, offering visa-free access across South America
Limited global visa-free reach
Portugal (Golden Visa)
₹4.5 crore in funds, research, or job creation; ₹2.25 crore donation for culture/history
Schengen access
Citizenship after 5 years, but requires renouncing the Indian passport
Vietnam (Golden Visa)
₹33 crore for a 10-year visa with permanent residency
₹1 crore for a 3–5-year visa
Live, work, and run businesses
Citizenship after 5 years, but no dual nationality
Hungary (Guest Investor Residency)
₹2.25 crore investment in real estate funds or ₹9 crore donation
10-year renewable visa
Schengen access
Citizenship after 8 years
Caribbean Nations (e.g., Dominica, St. Lucia, Grenada)
₹1.66 crore in real estate or ₹83 lakh donation
Citizenship in 3–8 months
Visa-free travel to the UK and the Schengen area
Grenada offers US E-2 visa eligibility for business purposes, but not residency rights in the US or EU
For Indians seeking a second passport, improved mobility, or a backup plan, these programs open diverse global opportunities without the traditional property investment hurdle.
Frequently Asked Questions
What is the Premium Residency program in Saudi Arabia?
The Premium Residency program in Saudi Arabia offers permanent residency for ₹1.78 crore and renewable residency for ₹22.3 lakh annually. It allows the right to buy property, start businesses, and sponsor family, but does not lead to citizenship.
How long does it take to get residency in Paraguay?
Residency in Paraguay can be obtained in 3–6 months with a bank deposit of ₹4.15–5 lakh or a small business investment. Citizenship is available after 3 years.
What are the requirements for the Portugal Golden Visa?
The Portugal Golden Visa requires an investment of ₹4.5 crore in funds, research, or job creation, or a donation of ₹2.25 crore for culture or history. It provides Schengen access and citizenship after 5 years, but requires renouncing the Indian passport.
What are the benefits of the Vietnam Golden Visa?
The Vietnam Golden Visa offers permanent residency for ₹33 crore or a 3–5-year visa for ₹1 crore. It allows individuals to live, work, and run businesses, with citizenship available after 5 years, though dual nationality is not permitted.
What does the Guest Investor Residency program in Hungary offer?
The Guest Investor Residency program in Hungary requires an investment of ₹2.25 crore in real estate funds or a donation of ₹9 crore. It provides a 10-year renewable visa, Schengen access, and citizenship after 8 years.
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