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Residency & Citizenship By Investment For Nigerians

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Residency & Citizenship By Investment For Nigerians

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Countries That Allow Dual Citizenship

Eu Residency

The US taxes both citizens and non-citizens on their worldwide income. Citizenship by Investment schemes have zero residency requirement before or after receiving passport. There are mainly two routes, one is residency and other is instant citizenship with a passport . Citizenship by investment (“CBI”) and Residence by investment programs (“golden visas”) have seen big growths in recent years.

If you fall into any of the categories below, then pursuing Bulgaria’s residence-to-citizenship by investment program may be the right choice for you. Bulgaria’s diverse and scenic landscape also means that you have a great variety of options to choose from when deciding on your official second residence. Whether you dream of owning an Alpine ski villa or a condo by the beach, you’ll have plenty of options in Bulgaria. Business aside, the country’s political and economic scenes are stable. It’s currency – the Bulgarian lev – is pegged to the euro, so there won’t be any nasty surprises when you go for Bulgaria’s residence. Plus, Bulgaria is a destination that’s known for its science and technology scene.

Bulgarian Citizenship By Investment 2021: Last Update

Canada’s Quebec immigrant investor program have been running for almost three decades. This scheme attracts rich families who invest CAD 1.2m (financing costs $250,000) plus prove net assets of atleast $2 million. Ireland offers immediate 5 year permanent residency from day one through the following investment routes. Greece has zero residency requirement, but if you want citizenship option, you have to spend considerable amount of time living in Greece.

bulgaria citizenship by investment

With a Cypriot passport, travel is possible to 163 countries without a visa. Regardless of the choice that the applicant makes, there has to be a purchase of a residence worth €500,000. Unlike Malta, one does not have to complete a residency period to obtain citizenship. Since 2013, Bulgaria’s government has offered a business immigration programme that can lead to long-term residency and, where applicable, to full citizenship. Since that year, foreign investors who spend more than 500,000 Euros or 1,000,000 BGN.

Member Of The Eu

Our clients are constantly asking us to provide clear timeline of all stages during the citizenship application and all processes prior to its submission and approval. While no two cases are the same, below is the average processing time, showing the different stages. Our estimates show, that without the adequate initial legal support and advice, more than 85% of all applications would have been rejected by the state straight away. Not because there would have been something wrong with these candidates, but because the foreign citizenship applicant would not be simply able to present his case and background in a proper way. Source of funds is of extreme importance for example, but stating simply “personal savings” doesn’t do the job in Europe anymore. We are proud to confirm that we have never had a single rejection in cases where our preliminary due diligence conditions have been successfully met.

By the end of September this year, 21 foreigners had bought Bulgarian passports for investment, and their investments can’t be seen into the data cited. Most are investments in government securities, not in the real economy. The scheme is attractive to citizens of the Russian Federation, the Middle East and North Africa, sources told EURACTIV. However, the Bulgarian authorities have rejected all journalistic Turkish resident permit requests for information on what investments have been made and on the origin of the 98 people who obtained “golden passports”. Nevertheless Boyko Borissov’s government has no intention to stop selling EU citizenship. You can also use the second passport to open an Offshore Bank Account without the bank having to report the fact to your home country, giving you greater financial privacy.

St Kitts And Nevis Citizenship By Investment Program: The Highest Number Of Visa

They range from cheap (under $20,000) to outrageously expensive (over $1,000,000), and European countries tend to require more than Asian and Caribbean countries. You can buy residency in English-speaking Turkish citizenship 250.000 USD countries such as the U.S., U.K., Canada, Australia, and New Zealand for high sums. There are multiple ways to get second citizenship in countries other than where you were born.

bulgaria citizenship by investment

Immigration Ultimate offers a wide range of services and products for aspiring overseas students, professionals and graduates including Work visa, study visa, TR visa, PR visa, Family reunification visa for many countries. Repatriation implies an acquisition of Bulgarian citizenship in a simplified manner. The foreigner must provide evidence that a direct relative is of Bulgarian nationality.

Montenegro previously launched economic citizenship scheme in 2010 for €500,000 within a year citizenship scheme was closed. Some immigrants are in search of the cheapest citizenship by investment for them to turkish citizenship invest their wealth for the government and citizens to benefit from. Most of these countries that offer this type of citizenship have some gains attached to it for anyone who wants to become their citizen.

St Kitts passport offers visa free travel to United Kingdom, Switzerland, Germany to 120 countries. Citizenship possible through $400,000 property law firm istanbul investment in St Kitts real estate. Grenada passport offers visa free travel to China, United Kingdom, Switzerland, Germany to 110 countries.

Another benefit to becoming a Bulgarian national is that investors can obtain residency in the United States through the E-2 Investor Visa treaty. Some of these programs also have shorter timescales than Bulgaria’s program. For example, Cyprus has a citizenship-by-investment program where you can secure an EU passport after less than 6 months through an investment in real estate. Any individual desirous of residing in Bulgaria for more than three months within a six month period is required to obtain an extended residence permit with a validity of one year. Continuous residence for a period of five years makes the individual eligible for applying for a Permanent Residence Permit. The provisions of the Foreigners in the Republic of Bulgaria Act and Investment Promotion Act allow for permanent residence and subsequent citizenship without the mandatory residence and language requirements.

bulgaria citizenship by investment

We believe that the conditions of the new Bulgarian program that enables fast track citizenship to be obtained in a little more than one year time are even better than the conditions of the old program. As with the previous program, the applicant doesn’t have to ever lose control of his money or pass the financial control to someone else. Neither has the applicant to pay extraordinary conveyance or other state and notary fees in order to purchase non-liquid “qualifying” investments. These are EU regulated investment funds, UCITs and ETFs with investment focus on Bulgaria.

Important Terms In Citizenship By Investment For Bulgaria

A Malta passport also gives you access to Switzerland and visa-free travel to 166 countries. You could say that the St. Lucia second passport program allows you to double your money in 5 years. Rather than paying $250,000, you invest $550,000, get a passport immediately, and your capital is returned in 5 years. St. Lucia provides visa free travel to 121 countries as well as visa free travel to Switzerland or 180-days in the Schengen area of the European Union.

bulgaria citizenship by investment

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