Faroe Islands

The Faroe Islands are an autonomous territory within the Kingdom of Denmark. With its stunning natural landscapes, rich cultural heritage, and high quality of life, the Faroes appeal to those seeking tranquillity and connection with nature. While investment options may be limited compared to larger economies, opportunities exist in sectors such as fishing, aquaculture, and renewable energy.

FAROE ISLANDS CITIZENSHIP BY INVESTMENT

As the Faroe Islands fall under Danish sovereignty rather than being an independent nation, there isn’t a specific citizenship by investment programme for the Faroe Islands. Instead, high-net-worth investors might consider alternatives like Malta’s Citizenship by Investment Programme, known as the Maltese Citizenship by Naturalisation for Exceptional Services by Direct Investment. Malta’s programme targets affluent individuals and provides a robust passport with visa-free access to 198 countries and territories globally, making it an attractive option for those seeking enhanced global mobility and citizenship opportunities through investment.

FAROE ISLANDS RESIDENCY BY INVESTMENT

Given that the Faroe Islands are a Danish overseas territory rather than an independent nation, there is presently no specialized residency by investment programme tailored to the Faroe Islands. Investors are encouraged to explore alternative avenues such as the Spanish Golden Visa programme. Established in 2013, this initiative permits high-net-worth individuals to enjoy Spanish residency and visa-free travel across the EU Schengen Zone in return for a real estate investment. 

FAROE ISLANDS PASSPORT STRENGTH AND RANKING

The Faroe Islands are a Danish overseas territory and its citizens hold Danish passports. The Danish passport offers visa-free access to 199 countries worldwide, making for 92.6% of world travel popularity and access to 80.8% (GDP) of the world’s wealth. It ranks 10th overall on La Vida’s comprehensive Global Passport Ranking.