Lebanese Golden Residency: Reality and Goals
The Lebanese government has proposed a bill granting golden residency to expatriates living outside Lebanon in exchange for an investment of at least $500,000. However, the law is still awaiting final approval and the plenary session. The law includes the right to tax residency, with the option to invest in real estate or companies, alongside annual fees of up to $50,000 for families. Nevertheless, the initiative faces significant challenges due to Lebanon's economic and security conditions, including its classification on the Financial Action Task Force's gray list, a loss of trust in the banking sector, and the absence of clear reform laws.
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