Investment Migration & Golden Visa Glossary

    Investment migration has its own vocabulary. Terms like "apostille," "due diligence" and "jus sanguinis" appear in application guides and legal documents without explanation. This glossary defines the most common terms used in Golden Visa and citizenship by investment programs. Each entry includes a short definition on this page and a longer explanation on its own page. Use this as a reference while researching programs.

    A

    Apostille

    A certificate that authenticates a document for use in another country under the Hague Convention.

    B

    Biometric Residence Permit

    A physical card containing the holder's biometric data (fingerprints, photograph) that proves their right to reside in a country.

    C

    Citizenship by Investment (CBI)

    A program that grants full citizenship and a passport in exchange for a qualifying economic contribution to the host country.

    Consular Interview

    A formal interview conducted at a consulate or embassy as part of a visa or residency application process.

    Cost of Living Index

    A numerical measure that compares the relative expense of living in different locations, covering housing, food, transportation and healthcare.

    D

    Domicile

    The country or jurisdiction where a person has their permanent home and primary legal ties, which determines their tax obligations.

    Dual Citizenship

    The legal status of being a citizen of two countries simultaneously, holding passports from both.

    Due Diligence

    Background checks conducted on applicants by governments and authorized agents to verify identity, source of funds and criminal history.

    E

    EHIC (European Health Insurance Card)

    A card issued to EU/EEA residents that provides access to state-provided healthcare during temporary stays in other EU/EEA countries.

    EU Blue Card

    A work and residence permit for highly qualified non-EU nationals with a binding job offer or employment contract in an EU member state.

    G

    Golden Visa

    A residency-by-investment program that grants a residence permit to non-citizens who make a qualifying investment in the host country.

    H

    HNWI (High Net Worth Individual)

    A person with liquid financial assets exceeding $1 million, excluding primary residence and consumer durables.

    I

    Investment Fund Route

    A Golden Visa qualifying option where the applicant invests in a government-approved investment fund rather than purchasing real estate.

    J

    Jus Sanguinis (Right of Blood)

    A principle of nationality law where citizenship is determined by the citizenship of one or both parents, regardless of the place of birth.

    Jus Soli (Right of Soil)

    A principle of nationality law where citizenship is granted to anyone born within the territory of a state, regardless of parental nationality.

    K

    KYC (Know Your Customer)

    Regulatory procedures that require financial institutions and migration agents to verify a client's identity and assess risk before providing services.

    N

    Non-Habitual Resident (NHR)

    A Portuguese tax regime that offered reduced tax rates on foreign income for qualifying new residents for a period of ten years.

    P

    Passport Index / Henley Index

    Rankings that measure the travel freedom of passports based on the number of countries the holder can access without a prior visa.

    Permanent Residency

    A immigration status that allows the holder to live and work indefinitely in a country without the restrictions of a temporary permit.

    R

    Real Estate Investment Route

    A Golden Visa qualifying option where the applicant purchases property meeting a minimum value threshold in the host country.

    Residence Permit

    A document or card issued by a government that authorizes a foreign national to live in the country for a specified period.

    S

    Schengen Area

    A zone of 29 European countries that have abolished passport controls at their mutual borders, allowing free movement between them.

    T

    Tax Residency

    The jurisdiction where a person is obligated to pay taxes, typically determined by physical presence (183+ days per year) or other connecting factors.

    Temporary Residency

    A time-limited residence permit that must be renewed at regular intervals and is typically the first stage of a Golden Visa.

    V

    Visa-Free Travel

    The ability to enter a foreign country without obtaining a visa in advance, based on the traveler's passport or residence permit.