Citizenship by investment

Which countries offer citizenship by investment? What is the best country for second citizenship? Cyprus), plus applicable processing and due diligence fees.

Citizenship-by-Investment A Introduction to the World of Citizenship-by-Investment Principal grounds for acquiring citizenship are birth within a certain territory, descent from a citizen parent, marriage to a citizen, and naturalization. As perhaps the only person who covers the second citizenship scene to have actually been through three CBI processes personally (St. Lucia, Dominica – which I aborte and Comoros), I’m uniquely qualified to speak on this subject.

Many people feel that the number of countries a passport allows you to visit defines the quality of that passport. As a former US citizen, I grew up with the notion that it was possible to fly just about anywhere in the world without worrying about visas. The idea of potentially giving up your home country’s passport can be scary and can lead to focus on the travel privileges that come with your new passport. I and other industry experts, however, believe that a passport is not defined by its travel privileges alone.

If it was, the United States would have among the world’s best citizenships, and no one would be calling me asking for help renouncing their US citizenship. In fact, I created the Nomad Passport Index to rank countries on the quality of their. See full list on nomadcapitalist.

If you’re not a US citizen, you are less likely to need a second passport in order to reduce your tax obligations.

However, I do think having a second passport is worthwhile for anyone doing business or investing, particularly cryptocurrency investors as new laws unfold all around the world. To be clear, economic citizenship is for people with a pressing need to have another passport now, be it for tax reasons, business, or travel. Residency by investment is not the same as citizenship by investment. Golden Visa programs like those in Portugaland Greece will eventually yield a second passport, but it will take at least six years in most cases.

Other countries offer what I call “fast track naturalization”, which may or may not be commoditized. These are what I call “get paid to get a passport” countries. Austriais sometimes touted as an economic citizenship program, but it’s really a fast track program for people the.

Each of these programs are fast, commoditize legalin the country itself, have a clear path to citizenship, and are open to (almost) anyone with a clean criminal record. The programs here are “off the shelf” options available to pretty much everybody, save for the Iraqi citizen who most countries will subject to extra screening. Do you have a business that can create local jobs? Depending on your situation, there may be other options. If you want a nearly 1 guarantee of getting citizenship in 4-months, the programs above are best for you.

Are you a US citizen? If you prefer to invest less — or if you believe you have other benefits you can bring to a country besides just a checkbook — there are a few of countries that offer conditional economic citizenship. If you are an entrepreneur or investor looking for other legal alternatives, feel free to go through my application processand see how I can help.

Working with someone who has done this themselves and for others can increase your , because I personally understand your “why”. Citizenship by investment is a means to secure a second citizenship and passport in another country by investing in its economy.

This can be accomplished through different types of established investment options including real estate, government bonds, establishing a business, development funds, etc. Citizenship by Investment programs (CIP) offer instant passports against donation or real estate investment. Donation is cheaper than real estate but cannot be recovered. Real estate cannot be sold for years.

Immigrant investor programs usually have multiple criteria that must be fulfilled for the investment to qualify, often pertaining to job creation, purchasing of real estate, non-refundable contributions or specific targeted industries. Golden Visa Residency and Citizenship La Vida Golden Visas facilitates the acquisition of residency, immigration and citizenship through investment. We make what looks like an expensive and difficult option, affordable and complex free. It is based upon a specifie quantifiable investment into the country in question.

The term “economic citizenship ” refers to a passive, one-time investment in a country that leads to citizenship and a second passport. Check out our top citizenship programs, offering a second passport through property investment or via donation route. Once you apply and make your investment , you can generally expect to have your new citizenship and passport in less than six months (the record being days). Malta is the only citizenship by investment program currently available that takes more than a year to acquire. In other words, by investing into a foreign country (per that country’s requirements), this person is granted citizenship rights in that country, while keeping their.

Different Countries are offering Citizenship through Investment program which allows an applicant to gain the citizenship of country by investing in form of Donation or Real Estate Investment specific amount which help in forwarding country economic, infrastructural and development initiatives. People are often surprised to learn that there are routes for foreign investors and entrepreneurs to get citizenship by investment in the United States. The United States has multiple investment -based visa categories that can lead to lawful permanent residency (a green card) and can eventually lead to U.