What is Citizenship by Investment?
Citizenship by Investment is a unique fast-track program offered by some countries, which enables you to get a passport and citizenship of a country if you make an investment or donation to this country’s economy. Citizenship by Investment has become a new global trend available for high-net-worth individuals (HNWI) in the past several years and continues gaining momentum and demand.
Portugal started recently Golden Visa Portugal which allowed investors to get permanent resident and citizenship within 5 years.
What can Citizenship by Investment do for you?
In contrast to traditional immigration processes, obtaining citizenship status and a passport is much easier and quicker through Citizenship by Investment programs. You don’t have to put your lives on hold or make any disruption in your life. If you are a high-net-worth individual (HNWI), this “economic” citizenship may offer boundless opportunities to you.
There are plenty of reasons to invest in a second passport, ranging from visa-free travel to safety and security.
Education Benefits with Citizenship by investment
Citizenship of a country qualifies you as a domestic student, thereby offering you access to excellent colleges and universities at a much smaller tuition fee.
Family Benefits with Citizenship by investment
Normally, second citizenship programs allow members of the principal applicant’s family to join them and become citizens of the new country too. It is a great opportunity to improve the lifestyle of your family members, by giving them access to better healthcare, schools and secure communities.
Passport of the countries, which offer economic citizenship programs, offers you visa-free travel to many countries of the world, including those of Schengen Area. For example, Afghani citizens have visa-free access to 20 countries and territories in the world, while the Maltese passport doesn’t require you to get a visa for travel to as many as 167 countries!
Safety and security
Since the beginning of the 21st century, many countries of the world have experienced political turmoil and unrest, oftentimes accompanied by military action and property seizure. Second citizenship can offer you a “safe haven”, where you can be sure that nothing endangers your life and the life of your family.
Business Opportunities with Citizenship By Investment
By obtaining your citizenship through investment, you not only get a second passport, but you also become an owner of a business/property. This opens new business opportunities for you, which you can explore by capitalizing on your extended travel freedom.
Many countries that promote economic citizenship offer more favorable tax rates, which provides room for tax optimization. Often you have to pay tax only for the income earned in that country, with no taxes on global income.
Antigua & Barbuda, Cyprus, Dominica, Grenada, Malta, St. Kitts & Nevis and Portugal allow dual citizenship. There is no need to renounce your first passport and citizenship.
What’s in it for the countries?
The countries that offer Citizenship by Investment benefit from the funds that you invest in this country’s economy. For example, you may invest in real estate, land development and infrastructure projects in Cyprus, resort development in Grenada, or invest in the Sugar Industry Diversification Foundation in St. Kitts & Nevis.
You may learn more information about investment options, visa-free access and specific advantages and qualifications under the section for each country below.
Most of the countries also offer you an opportunity to invest in land, real estate, property, resort villas and condominiums.