Families can acquire alternative citizenship through investment programs. This allows them to travel to different destinations and settle in another country. More than 100 countries have some form or other of investment migration legislation. It is estimated that around 30 residences or citizenship by investment programs are currently in operation.
Wealthy individuals are now more interested in citizenship options than ever. This is a great way to get access to previously unimagined opportunities. Below is a list of all you must know about citizenship and which countries offer citizenship through investment.
What Is Citizenship?
Citizenship refers to the association between an individual citizen and a nation-state. The state grants citizens certain rights, such as voting, work, and ownership. The citizen agrees to uphold the laws and customs in return.
Birth, naturalization, and marriage are the traditional ways to acquire citizenship. Naturalization is the process through which a country’s resident can obtain citizenship. This usually involves residing in that country for a specified number of years. Another way to acquire citizenship is through investment.
Introduction To Citizenship By Investment
You can obtain citizenship by investment in another country by investing in its economy. Although investors and wealthy people can obtain residence in most countries, only several countries offer direct citizenship through investment programs. These countries are Antigua and Barbuda, St. Kitts and Nevis, Grenada, Dominica, St. Lucia, Turkey, Vanuatu, and Montenegro. Some countries offer citizenship after a reasonable residency period. These include the U.K., Ireland, Canada, the U.S., Greece, Portugal, Spain, Australia, and New Zealand.
Granting Citizenship Based On An Investment
Many countries have provisions permitting their government to grant citizenship to those who contribute significantly to society, culture, or other state interests. This discretion is rarely used by the government.
Many countries had programs in place in the past to attract foreign investors. These included Cape Verde and Seychelles.
Citizenship Through Investment Options
You can legally obtain a new passport and nationality through investment programs. Programs are sufficiently transparent in law and process. The best tier of citizenship is those who have invested in transparent programs and a strong reputation.
We are familiar with all current programs and keep an eye on new developments that are unique in advising multiple governments on projects ranging from strategic consulting to designing, implementing and operating citizenship and residence programs.
The second citizenship by investment options include
- Investment in real estate – commercial or residential
- Investment in government bonds
- Investment in start-ups
- Investment in your own business enterprise
- Investment in digital assets – Satoshi Island
What Are The Primary Requirements For Getting Dual Citizenship?
- For investment programs in a country, there are different requirements. Some programs require applicants to have medical exams and evidence of good health. Others do not. All such programs have one requirement: You must not have a criminal record.
- Identify the legal source of investment funds.
- You can invest in government-approved options such as real estate or government bonds.
To be granted citizenship, all requirements must be met for citizenship applications to be approved by the government.