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What Are The Benefits Of Dual Citizenship In Ireland And The United States?

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What Are The Benefits Of Dual Citizenship In Ireland And The United States?

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Getting A Second Passport Through Grandparents

Sovereign Group has more than 30 years’ experience of working with clients from all over the world through its global office network. Many face restrictions on their commercial and personal freedoms because they lack the ability to travel freely or to do business when and where they want. If it was good enough for the Lord of the Rings, it’s good enough for you. New Zealand has made headlines with wealthy expats like Paypal co-founderPeter Thiel buying their way to citizenship.

You can use your CIP passport from to enter over 120 countries including EU schengen states or United Kingdom. The acquisition of citizenship in Cyprus is not reported to other countries. Dependents, spouse and children under 28 can be included in one single citizenship application. Visa free travel to over 160 countries including Europe, United Kingdom, United States . No taxes in Malta unless you decide to live there for more than 6 months.

Benefits Of Dual Citizenship

The pre-approved real estate option requires applicants to purchase property that has been pre-approved by the Government of St Kitts and Nevis. The minimum required investment under the pre-approved real estate option isUS$400,000, with a further requirement to hold that property for a minimum of five years. Alternatively, applicants can invest into a share system, paying a minimum of US$200,000. In this instance, real estate must be held for a period of seven years to maintain an investor’s economic citizenship status.

ireland citizenship by investment

If you have any questions about the Ireland investor visa or for help with your application,contact us. We can support you throughout the entire process, from initial guidance on the investment options through to compiling the application and advice during the five year residence period in preparation for your naturalisation application. For investors, residency under the IIP is granted for an initial period of two years. At the two-year mark, you will need to evidence that the investment has been completed and that it complies with the visa conditions. If deemed compliant, residency will be extended for a further three years.

Finland Citizenship Via Descent

If this is not about you, then you can get citizenship of the country if you meet the requirements. One of the requirements is that you should live in the country five years before applying for citizenship. You will have to be a citizen with good character and prove your commitment to the country. Irish Naturalisation and Immigration Service manages your application of citizenship. After five years of residency, a person is eligible to apply for citizenship.

ireland citizenship by investment

Please see the fee schedule for single applicant and any accompanying family members. The SIDF option is the fastest and cheapest way to attain second citizenship and the processing time takes 4-6 months. The above mentioned include all government and due diligence and application fees. Are you considering applying for a second citizenship and looking for the best Caribbean Citizenship by Investment program for you and your family?

Fast Immigration

To decide on the Cheapest CBI scheme, you have to take into account number of family members as they have a big impact on the pricing of citizenship by investment schemes. Over 90% of foreign investors who seek alternative passport, prefer donation route and less time consuming compared to paperwork involved with real estate purchase. The safest option for investors to avail of the this attractive residency status in Ireland is the IDLF fund. IDLF is a fund established specifically to meet the needs of the IIP and is regulated by the Central Bank of Ireland. This fund requires investors to invest €1m in for a period of five years.

  • Citizenship matters are very sensitive for families and must be taken seriously.
  • To apply, you will need to complete the relevant application form and compile and submit supporting documentation.
  • The E-2 Treaty Investor visa allows citizens of Grenada to operate a business and reside in the US.
  • It’s now among the most popular of such programs in Europe, due to its low minimum cost compared to Portugal or Spain.

It is also worth noting that once Irish citizenship is attained you also have a right to live and word in the UK under the common travel agreement. Please confirm your understanding and ability to fund a successful application. Arton Capital’s proprietary program tools allow investors to learn about each citizenship program and compare them side by side. We believe it is crucial for investors to understand the cost and benefits of each program so that they may make the right decision for themselves, their families and their businesses. In a world of increasing globalization, more and more people are seeing themselves as global citizens of the world rather than as strictly national citizens.

You’ll spend $109,500 everything included for this second passport route. That is one of the cheapest citizenship programs that you can find anywhere. St. Lucia now competes with Antigua and Barbuda for the lowest cost of application.

An investor can also be deprived of the citizenship of Grenada if the status was obtained by providing false information, fraud or concealment of actual information. Citizens of Grenada can apply for a long-term visa to the United States for the period of up to 10 years, with the right to stay in the country for up to 6 months a year. If you’re a citizen of countries such as Ireland, Australia, New Zealand , you will have the right to dual citizenship. It becomes a little more complex with countries such as South Africa, Kenya, Zimbabwe and the UK because there are some strict rules that need to be followed.

Caribbean Citizenship By Investment Comparison

Turkey does not implement bans based on an applicant’s country of citizenship. Turkey is therefore a popular option for persons who are unable to apply to other programmes, such as those in the Caribbean. The programme offers immediate permanent residency followed by the option of citizenship post a residency of 7 years. Citizenship of St Kitts and Nevis lets you live, work, and study in one of the Caribbean’s most idyllic locations. With a passport from this country, you can gain visa-free or visa-on-arrival entry to over 155 countries and territories worldwide.

If investors choose to send their children to University in Ireland, they will receive a €50,000 discount incentive from their IIP investment. Ireland is home to two of the top universities in Europe, namely Trinity College and University College Dublin. Should investors later gain Irish citizenship, they will also then have the option to educate their children in the UK too. The IIP grants residency in Ireland to those investing a minimum of €1,000,000 into an approved investment fund, plus fees.

Many countries in the Caribbean region currently offer discounted citizenship by investment programs. These programs are also referred to as “Economic Citizenship Programs” (as you’ll see later in this article). Many countries encourage immigration by HNWIs, through citizenship by investment or residency by investment schemes – often known as ‘golden passports’ and ‘golden visas’ respectively. These are characterised by the provision of access to citizenship or residency in exchange for specified investments and via a clear delineated process.

ireland citizenship by investment

It’s a straightforward process that involves setting up a local company and opening a bank account with a fairly small sum. The requirements for acquiring full citizenship can vary greatly from country to country. You could qualify for citizenship in as little as three years in some cases (e.g. Paraguay, Armenia, Dominican Republic), or well over 10 years in other cases .

ireland citizenship by investment

After having the golden visa for five years, the individual becomes eligible to apply for citizenship. If one prefers the investment route, Antigua allows a USD 400,000 in real estate. law firm turkey There is also an interesting option of being able to invest USD 400,000 into a business if you are part of a group of other applicants investing USD 5 million collectively.

ireland citizenship by investment

Germany will only give you citizenship if your mother or father was a citizen. A child becomes German through birth if at least one parent holds German citizenship. France is a founding member of the European Union and like other countries in the EU, becoming a French citizen gives you access to live, study and work in any of the 28 EU countries. If either the mother or father of the child born outside Denmark is Danish, they can obtain citizenship by descent. If you are of Danish descent, you can normally be granted a residence permit if you can prove that both your parents or all four of your grandparents are Danish citizens by birth. If you were born before August 16, 1960, are a UK citizen, and your father is Cypriot, you can apply for citizenship this way.

ireland citizenship by investment

Visa-free travel throughout the Schengen area to over 140 countries, including the EU, the UK and China. You can make a one-time non-refundable donation of a minimum amount of $150,000. This donation will go to the National Transformation Fund , a government fund created with the aim of developing the economy of Grenada. There is an additional government contribution of $50,000 for a family of up to four persons. Each additional dependant incurs a $25,000 contribution, with the exception of dependent parents ($50,000) and siblings older than 18 ($75,000). This is an ideal route for families looking to gain a second passport.

Applicant investors receive residence permit enjoying Schengen mobility for 18 months while they await the outcome of their application, leading to Maltese citizenship. It offers a second citizenship option to families wishing to relocate their personal or business affairs to an EU country. Citizenship granted through this route to Maltese citizenship is valid for life and it is passed on to future generations by descent. Under the government’s EB-5 Immigrant Investor program, foreign investors can get conditional visas that allow them and their families to live, work and attend school in the U.S. To qualify for the visa, they must invest at least $1 million in a new or recently created business, or $500,000 for businesses in rural or high-unemployment areas.

ireland citizenship by investment

However, through investment government-approved projects, investors can get the EB-5 visa. To qualify for this program, you need to donate $180,000 in Vanuatu’s Development Support Program. This gives you a passport with access to 116 countries visa-free, including all of Europe, the UK, Russia, Hong Kong, and Singapore. To qualify for citizenship, you need to make a $250,000 investment in real estate in Turkey and keep it for at least three years. Most of them being individuals from middle eastern countries relocating to Istanbul for business. To qualify for this program, you need to invest $2.4 M in real estate.

After 8 years of legal stay with the resident status of Ireland the right to apply for citizenship is granted. Many countries around the world give CBI, including but not limited to, Spain, Portugal, Malta, Greece, Vanuatu, Grenada, St.Kitts and Nevis, Dominica, and so forth. Generally, you can apply for direct CBI schemes, which grant citizenship within a couple of months, or you can apply for residency by investment, upon which a passport is provided after a set number of years. Although not common, withdrawal or loss of residential status happens.

ireland citizenship by investment

You can also filter our programs based on your preferences – use the search box to the right, click on one of the banners above, or contact us for tailored advice. Antigua and Barbuda allows stateless people from 4 countries – Brunei, Saudi Arabia, Kuwait, and the UAE to apply for the citizenship by investment program. The small country in the Pacific has become popular with investors for its citizenship by investment program. Due to the spread of the coronavirus, almost everything can be done online. Even the Vanuatu Citizenship Commission now takes vows via videoconference.

It’s a big step and does not come cheaply, so read carefully and reach out for professional advice if you feel like you need further clarification. CCS conducts one-on-one dialogue with clients to answer questions, clarify elements of the Program as well as determine eligibility. The client and CCS execute an Engagement Letter detailing the services to be provided including a quotation of all fees and costs. Clients choose their preferred option for citizenship and their real estate property if applicable. Contact Us today for a personalized list of required documents for you and your family.

To obtain Dominica citizenship through the real estate option of the Dominica Citizenship by Investment program, applicants must purchase authorized real estate worth at least USD 200, 000. Dominica passport holders are granted to use their citizenship to travel internationally more easily, and enjoy visa-free visit travel jointly realized by the Dominica government and its global allies. With a Dominica passport, one can visit many important centers without a visa, including the United Kingdom , Hong Kong, Schengen countries in the EU and Russia. No language requirements and interview required and the applicants are not required to travel to Dominica during the application process.

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