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Global Citizenship & Residency By Investment Programs

citizenship by investment

Global Citizenship & Residency By Investment Programs

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How To Get Spanish Citizenship In 2021 Complete Guide

St Kitts And Nevis Citizenship By Investment Programme

The past decade has seen an immense growth in “investment immigration” in Europe. Aptly named Golden Visas were only introduced in Europe in 2012 , but have since become commonplace in many European nations seeking to capitalize on the newly formed market of selling residencies in return for an investment. Golden Visas enable individuals the ability to become European residents in exchange for a cash donation or through a purchase of a piece of real estate property. He adds that Caribbean locations are good for interim passports for “global citizens” who are looking to eventually establish themselves via investments in other “economic citizenship” programmes like those in Portugal or Singapore.

spain citizenship by investment

You can continue to renew the visa indefinitely as long as you maintain the investment (i.e. you do not sell the house). Additionally, some countries, such as Greece and Cyprus, allow you to rent out the property while you are away. If you live in the country which issued the Visa, Turkish resident permit you eventually become eligible for permanent residence and citizenship, after 5-10 years. Real purchase estate worth a minimum USD 400,000 from an approved real estate development. Real purchase estate worth a minimum USD 200,000 from an approved real estate development.

United States

Hence, provided that you, as a parent, applied for Spanish nationality when they already were over 18, the process is not valid. Once you do that, you will be able to get a residence and work authorization through the family member of an EU visa. You must have lived for the required amount of years uninterruptedly. This means that you can’t leave the country for a long period of time , neither you can do it frequently. If you are from Andorra, Portugal, Equatorial Guinea, the Philippines, or from a Latin American country, you can obtain your dual nationality; therefore there won’t be any need to give up your original citizenship.

The number of generations which you can trace back to qualify depends on the particular country’s citizenship by descent rules. This article will outline how to go about getting EU citizenship, where we will briefly mention six ways you can do so. We will be focusing on European Citizenship by investment programs as they currently offer the best way to get citizenship in Europe today. It is not surprising that many people are eager to become European citizens and, along with it, acquire a passport from a top-tier EU nation. Though European citizenship is highly sought after though it is not exactly easy to acquire.

Spain Residency Programme

Out of respect to those who engage our services, we don’t provide personalized advice or referrals unless you engage us. That is why a second citizenship is so important, but it’s just the first step. You can achieve deeper diversification by creating a portfolio of passports. These so-called economic citizenships are largely valuable to three types of people. The biggest challenge for Vanuatu is its ever-changing requirements and unclear policies on what is essentially an honorary citizenship. There are various donation options and even the most seasoned of expats with their ear to the ground don’t really understand how they work.

spain citizenship by investment

After 5 years of residence, applicants can become permanent resident in Italy. Naturalisation into Italian citizenship can happen after 10 years of residence. The Italian passport is one of the best in the world and provides freedom of movement across the European Union. The golden visa in Portugal is designed to encourage investment from non-EU/EFTA nationals. The Portuguese golden visa offers a fast-track to obtaining a residency permit in Portugal, alongside other benefits.

Antigua And Barbuda: $400,000 £300k Investment For Citizenship

Dual citizenship, or multiple citizenship, is when a single person is legally recognized as a citizen of two or more countries at the same time. It is important to double check whether your country permits dual citizenship before seeking to acquire one. When it comes to investing in real estate, each country allows the investor in question to rent out or sublet their investment property in addition to living there themselves.

Portugal offers a number of interesting investment options for investors. The Turkish CBI scheme is very popular with Arab investors and more than $1 billion already invested in Turkish real estate market through the citizenship scheme. Maltese passport is one of the best and highly respected travel documents in the world with visa free access to 183 world countries, according to Henley passport index 2020. The scheme will run only for 3 years and will permanently close in 2022. Vanuatu requiresUSD 130,000 for one person(one time contribution for DSP/VCP scheme) to receive citizenship and passport.

Why Choose Portugal?

One of the goals of the CBI programme is to encourage investment into Montenegro, thus boosting the local economy and, in turn, making it an even safer and more secure environment for investment. With its economy shifting from agricultural-dominant to service-dominant, one of the most viable options for foreign nationals is an investment in a pre-approved real estate project. Applicants must renounce their prior citizenship to become a citizen of Singapore.

But the quality of Caribbean passports – defined as the number of visa-free countries you can visit – isn’t as high as some of those granted by high-end economic citizenship programs in Europe. In addition to quickly gaining a passport for as low as $145,000 the Caribbean countries offer the most affordable citizenship by investment programs. Secure a second passport, citizenship or residency by investment and become a global citizen. The Greece GV program is immensely popular among middle eastern investors. It is a simple and straightforward residence and citizenship program. If you are not interested in citizenship, we offer residency residency schemes.

In Portugal, the requirement is still seven days out of the year each year for up to a minimum of five years to become eligible for citizenship. The stay requirements for obtaining citizenship are different from that of keeping your Golden Visa active. As mentioned above, Greece allows for all the same dependents as well as any parents-in-law. However- the Greek program wants you to include the parents and in-laws and the process does not require “dependency” and it’s almost automatic. Of course, you will need your proof of residency to gain access to each country in the Schengen Area.

Along with permanent residency program we also offer services regarding citizenship through investment, skilled immigration visa and study visa. Our partners bring to the table a wealth of experience in areas such as finance, law, cross-border lending, immigration and real estate, and are therefore uniquely positioned to deliver comprehensive solutions to our clients. The Caribbean islands of Dominca, St Lucia and St Kitts & Nevis, all fall into this investment model. Either way, the time it takes to gain citizenship can be as little as a few months. Dominica is the fastest to hand over a passport, and Turkey the slowest among nations that go straight to a passport.

Based on their stable economic the rate of unemployment has been reduced to the barest minimum, and different countries are emerging in Spain. This country has a large size gross domestic product for its citizens. The country has one of the globalized economies in the world, and they carry out international trade with other countries such as China, South Korea, Canada, United States, etc. They are known for large scale manufacturing in different areas – metal fabrication, food processing, electricity, aluminum production, etc. Statistics on Golden Visa investments since the program’s inception in 2013 indicate that most of the capital injection has been channeled toward the real estate sector, the qualifying asset class with the lowest minimum investment .

spain citizenship by investment

Spain has a progressive taxation system, so the tax may vary from 19% to 45% depending on the level of income. The tax on real estate depends on the type of the property and cannot exceed 1.3% of its cadastral value. The program that issues Golden Visa’s grants a residency in return for an investment into the country’s economy, like buying a house. Later based on this document the investor can apply for Spanish citizenship. Transparency International estimates, that from the start of the program in 2013 up to October 2018, over 24,000 foreign citizens gained ‘investor residency’ status.

  • The measure aims to promote investment in low-density regions and to relieve the real estate market’s pressure of areas such as Lisbon and Porto.
  • There was immense competition among the Caribbean CBI programs in 2020 as the global COVID-19 epidemic grounded most of the world’s planes and left the tourism-dependent islands stranded and hurting for cash.
  • To officially secure an interest in a Dominican resort project in accordance with CBIU regulations, economic citizenship candidates simply make a 10% deposit towards the property and execute a sale & purchase agreement.
  • Then there’s the business investment option, which requires $1.5M before fees (or $400,000 per person if the investment is made as a group).

In fact, just about anyone can apply, provided that the program criteria are met. So whether you’re a business owner, an investor, a digital entrepreneur, or just a regular person with a global mindset, then consider applying. Mexico also honors dual citizenship if you are interested in pursuing full citizenship and retaining a passport/citizenship from your country of origin.

Investing in a citizenship by investment program can open up access to the best schools in the world for applicants and their children by qualifying them for domestic rather than international tuition fees. Citizenship by Investment programs offer you the opportunity to legally acquire a new nationality and an alternative or second passport quickly and simply, without major disruption to your life. Applications can be approved in as little as four months, resulting in citizenship for life, a valid passport, visa-free travel and more. The Citizenship by Investment programs opens up a world of possibilities to high net worth investors. Just as you diversify an investment portfolio, you want to diversify your portfolio of passports. St. Kitts sets the minimum investment in real estate at $200,000 plus an additional $24,050 in government fees for the main applicant, and additional dependents no older than 16.

I have some cousins from my fathers side who were now have their citizenship in spain. I just want to know what are the requirements for to be able to apply for spanish citizenship. During the on-boarding stage, the client shall be required to travel to Spain to complete the investment process.

As Portugal is an EU and Schengen Area member, those holding Portuguese residency can travel throughout the whole Schengen territory visa-free, as well as bring their spouse and children to Portugal. The country has a rich history and ranks high in the Human Development Index Ranking. It is at the same time, one of the world’s most globalized and peaceful nations. To gain a second passport the applicant must fulfill all of the criteria set out by the host country. The investor must put money into one of the options approved by the Government.

Dominica’s CIP is very popular and it has been estimated that 3,000 of its 71,000 inhabitants acquired citizenship by investment. St. Lucia appointed a task force earlier this year to assess the pros and cons of starting a CIP. The task force is supposed to submit a report by December 1, stating if and under what circumstances citizenship should be offered to foreign nationals in return for financial investment. “Our intention is to broaden the scope of incentives offered to investors to make St. Lucia more attractive as an investment location,” said Governor General Pearlette Louisy. Attain Cyprus Citizenship by making an investment of €2.1 Million (INR 18.2 Crore) in a government approved residential or commercial properties. You may get higher returns from the investment and even get your entire investment by 5 years of citizenship.

spain citizenship by investment

All viewings for real estate shall be arranged prior to the visit if required. Thereafter, the team will prepare your application and submit it to the UGE-CE. Turkey Citizenship by Investment Program was launched in 2017 for attracting foreign direct investment to boost the economy of the country. The program is meant to allow the applicants to be a part of Turkish society by making economic contributions to the government in different modes.

Moreover, I’ve discovered three Portuguese cities and got a complete picture of the local life. We discuss all the related issues and request all necessary data.We check your documentation for compliance with the requirements law firm turkey of the immigration authorities for free. Or invest at least €350,000 and create 5 jobs in a Portuguese company. €350,000 — investment in a property that is subject to reconstruction and was built 30 years ago.

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