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Citizenship by Investment

Citizenship by Investment (CBI) is the means to obtain a second citizenship and passport in a country other than one’s home country by investing in their economy.

Though the pandemic and the ruckus that tagged along has affected the entire world in a grim way, new doors have opened for investors in many parts of the world. Citizenship by Investment (CBI) is the means to obtain a second citizenship and passport in a country other than one’s home country by investing in their economy. The investment can take different forms like real estate, setting up a business, government bonds, development funds etc.

WHY?

Procuring citizenship by investment is a much hassle free process as compared to the traditional immigration procedures. There are ample reasons why people invest in attaining a second citizenship.

Business

People engage in citizenship by investment programs to gain access to array of business benefits that certain countries offer their citizens. Setting up a business in a foreign country is more like building a bridge. You offer to contribute in their economy and they thank you with a citizenship and its benefits.

Global Mobility

Visa- free travel to as many countries as possible is undoubtedly one of the best reasons to invest in a CBI program. Many countries have restricted passports and a lot of time, money and effort goes into fetching a visa to travel. For example, with a passport of India, one can only travel to 16 countries without a visa but with a passport of Cyprus, 174 countries allow visa- free travel.

 Tax benefits

A second citizenship often offers more lenient tax laws and hence better financial gain. 

Security

Second citizenship comes across as a remedy to those suffering from countries with political turmoil and unstable governments. Sometimes, a second citizenship is not a mere financial investment but also an investment for peace and better life.

Lifestyle

Along with the “citizen”, the family can also often enjoy the benefits of healthcare, education and better lifestyle as most of the CBI programs grant citizenship access to the applicant’s family as well.

Residence

    Can reside in the country of citizenship with no additional formalities like visa renewal and emigration procedures. Also an additional benefit of the right to buy and sell property tags along.

Job opportunities

Secondary citizenship makes you eligible to apply for government jobs and other high profile posts that is not accessible with mere residence visas.

Inheritance

Children born post –citizenship are citizens by default.

Political rights

Those with a citizenship can actively participate in the country’s politics and can vote and even contest in elections.

INVESTMENT OPTIONS.

  • Real estate investment

Real estate investment is a tension less option to choose when planning to engage in a citizenship by investment program. This basically involves laying out money in a commercial or residential asset in the country you plan to be a citizen of. It can be a total ownership or a fractional share or a lease for a particular period. In almost every country which allow citizenship by investment, they give option to invest in real estate. Whatever the real estate investment program is, the amount invested should be maintained for a minimum period of time which usually range from three to five years.

  • Government Bonds

Purchasing government bonds is a prudent way to invest for citizenship. The bright side is that there is no capital risk involved and is also an effortless investment. The bond is assured by the government themselves and is returned sans accumulated interest. The minimum bond holding duration is typically five years.

  • Business

This option is for the go-getters who are looking forward to branching out their business world to other lands. This program would require the investor to create new employment opportunities or sustain the existing ones thus being an active participant in the growing economy.

  • Funding a cause

Donating a specific amount to a government- supported or approved charity program or cause is a philanthropic way to attain citizenship. This amount is non-refundable and being a good-will supporter of the country is the takeaway.

Duration for the run to citizenship varies from country to country. Cyprus citizenship can be secured in as short a period as 3 months whereas being a citizen of UK or Bulgaria can take at least 2 years.

VARIOUS COUNTRIES.

CountryMin
Investment
PeriodOptionAdditional
Benefit
Anguilla$150,0005 YearsReal Estate
Investment/Donation
Visa free travel to 167 Countries
Antigua &
Barbuda
$100,0005 YearsDonation, Real Estate, BusinessVisa free travel to 160 Countries
Austria€3 Mn2-3 YearsActive Business InvestmentVisa-free travel to 189 destinations.
Bulgaria€250,000 and above2-5 YearsBusiness Investment/
Investment Funds
Unrestricted right to live, work and study in Europ
Cayman
Islands
$2.4 Mn8 YearsReal EstateVisa free travel to 99 Countries
Cyprus€2.2 Mn6 MonthsReal EstateEuropean Citizenship, Visa free travel to 174 Countries
Dominica$100,00060-90 DaysReal estate, DonationVisa free travel to 152 countries
Germany€360,0008 YearsEntrepreneurial residency Visa free travel to 188 countries
Grenada$150,0005 YearsReal estateVisa free travel to 153 countries, potential USA E2 treaty visa
Ireland€1 million12-18 MonthsInvestor ProgramAccess to best universities in Europe, visa free travel to 110 countries
Malta€738,000/
€888,000
(exception)
12-36 MonthsInvestment, DonationVisa free travel to 186 countries, European citizenship
Montenegro€350,0003 MonthsReal Estate Investment plus
Donation
Visa free travel to 124 countries
Portugal€350,0005 YearsReal Estate InvestmentEuropean residency, visa free travel to 125 countries
Spain€500,00010 YearsReal Estate InvestmentEU Schengen zone travel, visa free travel to 188 countries
St. Kitts$150,0004 MonthsDonation or Real EstateVisa free travel to 165 countries
St. Lucia$100,0003 MonthsReal Estate or Development FundVisa free travel to 157 countries
Turkey$250,0006-9 MonthsReal Estate/Capital/
Government Bonds/
Bank Deposit/Create
50 Employment.
Visa free travel to 111 countries including Hong Kong, Japan, Singapore.
UK£2,000,0006 YearsFund InvestmentVisa free travel to 185 countries
USA$900,0002 YearsEB-5 approved investmentGreen Card, Visa free travel to 184 countries
Vanuatu$130,00030-60 DaysInvest in Local Development fundVisa tree travel to 148 countries

How can we help?

Tass And Hamjit can assist interested investors in finding suitable investment opportunities in the country of their choice and also complete the required formalities and paperworks. We are also building our resource capabilities to help such investors manage their investment in such destinations.

For more details write to info@tasshamjit.com

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