{"id":12337,"date":"2023-10-31T03:11:57","date_gmt":"2023-10-31T07:11:57","guid":{"rendered":"https:\/\/coursementor.com\/blog\/?p=12337"},"modified":"2023-10-31T03:12:00","modified_gmt":"2023-10-31T07:12:00","slug":"netherlands-announces-closure-of-its-golden-visa-program-from-january-2024","status":"publish","type":"post","link":"https:\/\/coursementor.com\/blog\/netherlands-announces-closure-of-its-golden-visa-program-from-january-2024\/","title":{"rendered":"Netherlands Announces Closure Of Its Golden Visa Program From January 2024"},"content":{"rendered":"\n<p><strong>The Netherlands announces closure of its Golden Visa program from January 2024: <\/strong>Beginning from January 2024, the Netherlands will discontinue its Golden Visa program, which offers residence visas to wealthy foreign investors.&nbsp;<\/p>\n\n\n\n<p>The country&#8217;s Immigration and Naturalization Service (NLS) officially announced the primary decision to end the Golden visa program.<\/p>\n\n\n\n<p>The Dutch government said on its website that the residence visa will no longer be available for foreign investors from 1 January 2024.&nbsp;<\/p>\n\n\n\n<p>The Dutch golden visa was introduced in 2013, and this visa initiative aimed to boost the economic growth of the country, a goal shared by many nations offering equal investment schemes.&nbsp;<\/p>\n\n\n\n<p>To qualify for the Golden Visa Program, Foreign investors need to make a significant contribution of at least \u20ac1,250,000, along with completing strict criteria.<\/p>\n\n\n\n<p>Notably, this visa program was planned for business development and did not permit investment in real estate for personal use.&nbsp;<\/p>\n\n\n\n<p>Basic requirements included for the Golden Visa program:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Possessing a valid passport or travel document<\/li>\n\n\n\n<li>Undergoing a tuberculosis test upon entering the Netherlands<\/li>\n\n\n\n<li>Showing no threat to public order or national security<\/li>\n<\/ul>\n\n\n\n<p>Investors were also required to invest their funds in one of the following: an international company established in the Netherlands, a venture company, a fund approved by the Ministry of Economic Affairs, or a contractual joint venture that invested in a Dutch company, according to a report by Schengenvisa news.<\/p>\n\n\n\n<p>The decision to end the &#8216;Golden Visa program&#8217; marks the end of a significant avenue for foreign investors to obtain Dutch residence permits. This move will have far-reaching implications for those who plan to utilize this scheme.&nbsp;<\/p>\n\n\n\n<p>The termination of this program reflects a shift in Dutch immigration policies and priorities, which is in line with global trends regarding investment-based residence visas.<\/p>\n\n\n\n<p>So, it is all about The Netherlands announces closure of its Golden Visa program from January 2024.&nbsp;<\/p>\n\n\n\n<p>For more information, keep visiting <a href=\"https:\/\/coursementor.com\/blog\/\" target=\"_blank\" rel=\"noreferrer noopener\">Course Mentor<\/a>.<\/p>\n\n\n\n<p><strong>Source:-<\/strong>&nbsp;<a href=\"https:\/\/economictimes.indiatimes.com\/nri\/migrate\/netherlands-to-discontinue-its-golden-visa-programme-from-january-2024\/articleshow\/104829016.cms\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">economictimes.indiatimes.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Netherlands announces closure of its Golden Visa program from January 2024: Beginning from January 2024, the Netherlands will discontinue its Golden Visa program, which offers residence visas to wealthy foreign investors.&nbsp; The country&#8217;s Immigration and Naturalization Service (NLS) officially announced the primary decision to end the Golden visa program. The Dutch government said on [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":12338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-12337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/coursementor.com\/blog\/wp-json\/wp\/v2\/posts\/12337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coursementor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coursementor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coursementor.com\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/coursementor.com\/blog\/wp-json\/wp\/v2\/comments?post=12337"}],"version-history":[{"count":0,"href":"https:\/\/coursementor.com\/blog\/wp-json\/wp\/v2\/posts\/12337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coursementor.com\/blog\/wp-json\/wp\/v2\/media\/12338"}],"wp:attachment":[{"href":"https:\/\/coursementor.com\/blog\/wp-json\/wp\/v2\/media?parent=12337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coursementor.com\/blog\/wp-json\/wp\/v2\/categories?post=12337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coursementor.com\/blog\/wp-json\/wp\/v2\/tags?post=12337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}