Citizenship by Investment

Citizenship by investment (CBI), also known as economic citizenship, is a process where foreign nationals can gain citizenship of a country in exchange for making significant financial contributions to its economy. This legal mechanism is used by many countries to attract investments and boost economic growth. These investments often involve substantial financial contributions in areas like real estate, business ventures, or government bonds. In return, investors are granted full citizenship, which may include benefits like visa-free travel, business opportunities, and tax advantages.

Wealthy individuals are exploring citizenship options as the most effective way to access a second passport. Below, you will find details of the most reputable and successful citizenship programs offered by Emirates Advisory.

Citizenship by Investment Programme

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Vital Insights for Your Decision

1. Grant of Citizenship on the Basis of an Investment

Granting citizenship by investment involves countries offering citizenship in exchange for a financial donation, investment in real estate, or government bonds. This financial contribution is often utilized to attract foreign capital, promote economic growth, and increase global competitiveness. Investors can benefit from gaining citizenship rights, including worldwide visa-free travel, business opportunities, and sometimes favorable tax regimes.

2. Benefits of second citizenship for investors

Global Mobility: A second passport allows visa-free travel worldwide, which benefits personal and business travel.
Asset Protection or Plan-B : Obtaining a second citizenship can provide further wealth protection. You can buy real estate, open a bank account abroad in advance, and keep a financial airbag there.
Family Security: In times of political turmoil or economic crisis, having the choice to relocate to a stable country ensures your family’s safety and well-being. It also opens up better educational and healthcare opportunities for your children, improving their overall quality of life and future.
Financial Strategy: Having a second passport can be financially beneficial. For example, U.S. citizens are taxed on their worldwide income. While a second passport does not immediately affect this, it does allow the opportunity to renounce U.S. citizenship and avoid this tax net if desired. Other Western countries may implement similar tax regulations in the future, making a second passport a helpful precaution.
Living and Residency Options: Dual citizenship offers the right to live in another nation, providing a place to retire, spend part of the year, or relocate if circumstances in one’s native country change unfavorable.
Developing Business Internationally
Second citizenship makes registering a corporation abroad easier, opens a corporate bank account, prevents currency controls, and enhances overall money transactions. Some jurisdictions do not disclose individuals’ personal information, protecting the investor’s confidentiality.

3. Top Investment Options for Citizenship Programs

Before submitting a citizenship application, an investor chooses one of the investment options under the program.

– Countries offer various options:

Contribution to a state fund;
Real Estate purchase or rent;
Purchase of securities or investment fund units;
Investment in business and job creation;
Deposit in a bank.

Some options allow investors to return their funds after 3–7 years.

4. Timing for obtaining a passport by investment

Citizenship by investment usually takes several months and does not require living in the country.

5. Requirements for obtaining citizenship by investment

Each country establishes specific criteria that applicants must fulfill to qualify for their citizenship by investment programs. In some countries, applicants must do a medical examination and prove good health to qualify for citizenship by investment.

– Moreover, there are different requirements across all investment programs:

Applicants must be 18-years of age or older
A clean criminal record is essential.
Funds for investment must come from a legal source of income.

6. Family members’ participation in citizenship programs

Family members of the primary applicant can also obtain an investment passport and enjoy all its additional benefits. Spouses and children under the age of 18 are eligible to apply for all programs.

Adult children, siblings, and parents may also participate in some programs. Additionally, investors can include grandparents, grandchildren, and in-laws.

7. How to choose a country for getting a second passport?

– You should consider the following five different factors before choosing a country for getting a second passport:

Visa-free travel
Obligation to file taxes whether you live there or you live overseas
Ability to have dual citizenship
Perception of the country abroad
Freedom

– Moreover, the selection of citizenship programs relies on goals and needs. Such as;

For visa-free travel to the UK and Schengen Area, each Caribbean passport may be suitable.
To reside in Europe, Malta citizenship by investment for outstanding benefits may be more challenging but more beneficial.
If you need to get a passport in a short time, Vanuatu citizenship may be the right option.
For US business, Grenada, Turkey, or Montenegro citizenship may be suitable.

In each of these nations, Emirates Advisory holds a license to represent citizenship by investment schemes. We will evaluate your situation and design a plan for your goals, family composition, preferred passport application time period, and budget. If a second passport isn’t suitable for your family, we have other exciting options available.

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We will offer the solution based on your requirements, budget and terms.

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We will offer the solution based on your requirements, budget and terms.

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Citizenship by Investment