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Investment Citizenship & Second Passport
When obtaining a second passport You will need to ensure that the country does allow dual citizenship. The ideal passport allows you to keep your nationality and obtain additional citizenship/passport later.
What to consider when picking a second passport option:
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The reputation of the country
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The tax system of the country
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Visa-Free Travel Options
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Is dual citizenship allowed?
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Residency obligations
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Requirements for becoming a citizen
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Other important obligations, such as military service (Israel, Singapore)
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How well you blend into the country's population.
Beware of passport scams. Some companies/people offer citizenship options by offering “gray market” passports when a corrupted immigration officer puts Your name in the passport as per request. The passport is real, but there is a big chance that it is not in the official passport system; Or “black market” passports, which are illegal, stolen, forged, etc.
Illegitimate passport can be canceled at any moment and, in most cases, the passport holder will be responsible for all the consequences.
There are several ways to obtain foreign citizenship and one of them is: Economic Citizenship or Citizenship by Investment
A country will provide you with citizenship in exchange for an investment in the country or purchase of the real estate.
In some cases, no visit is required.
Here are some of the citizenship programs that we can assist with:
St. Kitts and Nevis
St. Kitts & Nevis citizens have access to more than 150 jurisdictions worldwide.
There are few ways to obtain St. Kitts & Nevis Citizenship:
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A non-refundable donation of $250,000 for a single applicant to the SIDF, a non-profit organization supporting the national economy, or;
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A non-refundable donation to the SIDF of $300,000 for an applicant with up to three dependants, as well as an additional $25,000 per additional dependent, or;
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A non-refundable contribution of $150,000 to the SGF, a fund which supports economic growth in all sectors of the economy, with an additional $25,000 for a spouse or $10,000 for each additional applicant, or;
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The purchase of real estate valued at at least $200,000 which cannot be sold for a 7-year period, or;
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The purchase of real estate valued at least $400,000 which cannot be sold for a 5-year period.
Dominica
Dominica Citizenship – starts from $100,000
Dominica citizenship allows visa-free access to more than 110 countries.
You have 2 options to obtain a Dominica citizenship:
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A donation of $100,000 to the National Transformation Fund for a single applicant or $200,000 for a family of four, Or
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A real estate investment of $200,000
Antigua and Barbuda
Antigua & Barbuda Citizenship - starts from $100,000
3 options:
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Donation of $250,000 to the National Development Fund, as well as around $50,000 in legal and other fees.
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Purchase government-approved real estate valued at $400,000 or more, and to keep the real estate for at least 5 years. You must also pay nearly $100,000 in legal and government fees per adult and about $50,000 per child.
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Investment in a local business or businesses with a minimum investment of $1.5 million.
Grenada
Grenada Citizenship - starts from $150,000
There are two ways to obtain Grenada citizenship through investment program:
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A donation of $150,000 to the Grenada National Transformation Fund, or;
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Real estate investment of at least $350,000;
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The investment must be made in government-approved development;
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Residency requirement – you have to live there much of the year.
Cyprus
Citizenship options:
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Investment of 2,000,000 euros into Cyprus businesses, with 500,000 euros of that allocated as a donation to the Cyprus Government’s Research Fund;
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If you are interested in donating, then you must invest 5,000,000 euros;
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Applicants may also deposit 5,000,000 euros in a Cyprus bank for three years.
Austria Citizenship Program Options:
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Negotiations with the Austrian Government to make an investment of 10,000,000 euros;
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Donation of 2,000,000 euros;
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Dual nationality is not allowed
Saint-Lucia Citizenship – starts from $100,000
Several paths are available:
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A donation of at least $100,000 to National Economic Fund – a donation depends on a number of dependents applying for citizenship - or;
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Investment of at least $300,000 in an approved real estate development, or;
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Investment of $3.5 million in an approved enterprise project
Vanuatu Citizenship - starts from $155,000
The Vanuatu Contribution Programme (VCP) is a very active citizenship by investment program, along with the Development Support Programme (DSP).
Please note that under the DSP citizens cannot vote.
Under the VCP, the requirements are:
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A minimum contribution of $130,000, plus $25,000 in processing fees, and;
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A minimum net worth of $250,000.
Moldova Citizenship – starts from $171,000
In order to qualify for citizenship, an applicant must make a minimum non-refundable contribution to the Public Investment Fund (PIF) of €100,000 for a single applicant, plus €35,000 in agent fees, government fees of €5,000, due diligence fees of €6,000, and biometric passport fees of €300.
Cambodia Citizenship – starts from 246,500
There are a few ways to obtain Cambodian citizenship:
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Invest $295,000 into the nation. The investment must be approved by either the Cambodian Development Council or by the Royal Government, or;
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Donate 245,500 for the restoration and rebuilding of Cambodia’s economy
Turkey Citizenship - starts from $400,000
There are several options to obtain citizenship of Turkey:
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Purchase a property valued at $400,000;
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Deposit $500,000 into a Turkish bank;
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Invest $500,000 in government bonds;
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Investment of $500,000 in fixed capital;
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The creation of 50 jobs in Turkey.
Montenegro — Citizenship from $407,500
2 options for citizenship by investment in Montenegro are available:
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Invest €250,000 in a government-approved development project in an undeveloped area in the northern part of Montenegro
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Invest €450,000 in a government-approved development project in a developed area in the southern part of Montenegro
There is an additional fee of €100,000 per application, which is also be paid to the Montenegro government.
Bulgaria Citizenship Program - from $593,500
There are two investment options in Bulgaria:
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A 1 million Bulgarian lev (564,000usd) investment in a full-guaranteed government bond for five years. The investment will be returned to the investor after the term without interest.
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The fast-track option:
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Investment of 1 million lev (564,000usd) in government-guaranteed bonds, and;
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Investment of an additional 1 million lev (£448,443) one year later.
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At least one year of permanent residency
You must hold both investments for at least two years after the citizenship is granted.
Canada Citizenship Program - $ 913,000USD or 1,200,000CAD
The Quebec Immigrant Investor Program
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Make a five-year term investment of C$1,200,000 with Investissement Québec
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Have, alone or with your accompanying spouse or de facto spouse, legally acquired net assets of at least C$2,000,000, excluding any amounts received by donation less than six months before your application is submitted
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Investors must obtain a Certificate of Selection of Quebec before applying for health and security screening to be admitted to Canada.
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Once admitted, you don't have to live in Quebec, as all Canadian residents have freedom of movement and establishment across provinces and territories
Malta Citizenship - from $1 million
The following investment options in Malta are currently available:
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A non-refundable contribution of at least €650,000 to National Development and Social Fund;
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Purchase of €150,000 in government bonds;
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A property transaction, which can include purchase for a minimum of €350,000 or a rental for a minimum of €16,000 per year, held for five years;
Cyprus Citizenship - from $1.75 million
The following investment options are available:
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Real estate investment of at least €2 million;
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Investment of at least €2 million in businesses or companies based and operating in Cyprus;
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Investment of at least €2 million in purchase units from Alternative Investment Funds;
The residency option is available as well. The requirements are:
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The purchase of new property worth at least €300,000;
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Deposit a minimum of €30,000 from abroad into an account which will be locked for three years;
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Have an annual income of at least €30,000 deriving from abroad.
How can we help You with obtaining a second passport?
We work closely with a financial advisory firm specializing in citizenship by investment programs, immigration, business setup, tax optimization, and residence programs around the globe. We offer exceptional service and experience in order to achieve long-term relationships.
Our resources are efficient and responsible, trusted, and reputable. Our mission is to quickly assist individuals and businesses to find the right resources to meet their needs.
How to proceed if you require assistance?
1. Email us (contact@immigratione.com) Your issue and any documentation that you consider relevant
2. We review your documents and appoint a consultant/lawyer to contact you with the brief assessment
3. You decide whether to proceed.
All our cases are handled by experienced lawyers and RCIC immigration specialists.
Source & Copyright: The source of the above visa and immigration information and the copyright owner is the: Citizenship and Immigration Canada and Immigration Quebec
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