As perhaps the only person who covers the second citizenship scene to have actually been through three CBI processes personally (St. Lucia, Dominica – which I aborted, and Comoros), I’m uniquely qualified to speak on this subject. Our knowledge of immigration policies can help you save time and money. Don’t have the time to do this? Regarding the investment, you must be able to invest a minimum of 2.5 million SGD in a Singapore-based company. This is largely due to the high standard of living, stable economy and government, as well as the potential for high returns on investments. The Cyprus Citizenship by Investment programme is limited to approve just 700 applications per year, but this cap could soon be scrapped. Citizenship by investment programs gets you fast track citizenship within months, waiving naturalisation requirements such as residency, military service, language requirement etc. Family members are eligible for the program as well. As a tropical Eastern Caribbean Island with a high earning population, good safety records, and a variety of landscapes to soak in, Saint Lucia has everything, including a competitive citizenship by investment program. By investing in these programs, investors can obtain citizenship not only for themselves, but also for their dependents, including their parents, children, stepchildren, and grandparents. The visa allows travel across the Schengen zone, including freedom of movement, access to healthcare, and more. Which countries offer citizenship by investment? Malta and Cyprus both offer competitive citizenship by investment programs, albeit with key differences in the program requirements. Also, consider that with a visa from the United States, you are expected to pay US taxes on all your worldwide income. Healthcare is publicly funded in many cases, however you have the possibility to acquire private health care. The application process is straightforward and quick, with the overall process of citizenship taking four months. Cyprus abolishes citizenship through investment programme. There are two different routes to citizenship, which usually varies depending on the country of choice. With the Australian visa, you are able to remain in Australia temporarily until you have acquired the permanent residence; this is possible once you have achieved certain business milestones in order to convert to the Permanent Residency. When choosing to invest in a country and thus acquiring either residency or citizenship, it’s crucial that you dig deep and that you are fully aware of the benefits and drawbacks as well as the requirements involved in the process. For this visa, you must be the co-founder or founder and the biggest individual shareholder of a company with a minimum of 500 million SGD valuation. The Latest Changes to Employment Pass in Singapore – Higher Minimum Salary ​, The Best Citizenship by Investment Program 2020, Five Reasons why top talents choose Singapore, 3 Greatest Mistakes when applying for Employment Pass. Benefits of the Portugal Golden Visa program, Freedom of movement across 26 European countries, You can apply for a Portuguese passport after 5 years, You can also obtain residence permits for your family with a single investment, You only need to spend 7 days there per year to maintain residency. With the residency, you are able to reside in Cyprus indefinitely and can enjoy a low tax regime for foreign-sourced income. based on the latest immigration policies that can increase your chances of success substantially. The Portuguese program only requires applicants to spend 7 days per year in the country, and investors can obtain a European passport after just 5 years. No, in many cases you do not have to relocate in order to obtain citizenship by investment. There are no taxes on worldwide income, and finally, the country recognizes dual citizenship, thus you can enjoy the benefits of both this passport and your current one. is one of the most popular citizenship by investment programs in Europe. We use cookies to ensure that we give you the best experience on our website. It depends on which program you choose. On 6th November 2020, Saint Kitts became the fourth Caribbean nation to announce they will allow citizenship by investment applicants to include siblings as part of a family application. The United States of America has long been seen as the land of the free and that of the American dream. Often when people talk about how you can buy a passport, they talk about citizenship by investment. Moreover, you must pass the business points test in most cases and have to provide proof of business or your investor track records. The benefit of this method is that if your application is unsuccessful, your money will be returned. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Not only this, but we will advise and assist you in preparing value-add documents (e.g. St Kitts passport issued under CIP is valid for 10 years. You must also be funded by a reputable Venture Capital or Private Equity Firm, and must be engaged in at least one of the targeted industries. Some of the fastest programs are in countries such as Cyprus and Barbuda, which take less than a year. New Zealand is one of the places in the world that has the happiest citizens and the education system is at the top of the list. , you need to invest a minimum of two million Euros in real estate property in the country. And if necessary, we will help you liaise with the local authority. Health care was ranked the world’s most efficient in 2014 and it is universal. Not only this, but we will advise and assist you in preparing value-add documents (e.g. Depending on the country, there are usually specific requirements for the investment you can make, and different benefits associated with the passport you acquire. Applying for Maltese citizenship can take up to 14 months while applying for Cypriot citizenship can take up to 6 months. Don’t forget that incomplete forms or improper documentation can lead to complications or delays; that’s only more paperwork for you. This article will outline the differences between each country that you can invest in exchange for citizenship. During the Tuesday, November 24 edition of the Leadership Matters virtual series, Chief Executive Officer (CEO) of the Citizenship by Investment Unit (CIU), Mr. Les Khan, said the Government of St. Kitts and Nevis continues to implement the necessary measures geared towards improving the brand of the country’s Citizenship by Investment (CBI) Programme and protecting The benefit of this, however, is that you can get direct citizenship within six to eight months. The processing time is between 9-12 months (for the entire application process), and you can begin applying for citizenship after two years of permanent residence in Singapore. With One Visa, you will get to have no more stress due to your visa application(s) as our team will assist you in handling the entire visa application process from the start until the end efficiently. As with other Caribbean passport-by-investment programs, both processing and due diligence fees apply to any type of investment. 437 of 2020 under the Granting of Citizenship for Exceptional Services Regulations, 2020 which was published in the Government Gazette Of Malta No. Residency and Citizenship by Investment to Bulgaria - Gateway to Europe - Ajmera Law Group & NBLO ... John Hu Migration & NBLO Webinar 2020 June 25, 2020 / Video. The processing time is between 24 and 48 months, and you do not need to have any English language skills to achieve it. The benefit of this, however, is that you can get direct citizenship within six to eight months. . However, no one can “buy a passport” legally, but with citizenship by investment programs you can ultimately obtain a second passport more quickly and easily than through other immigration methods. You get access to 183 countries without needing a visa and get to enjoy the quality education and health care provided both in Portugal and throughout the European Union. At One Visa, we understand that you may be overwhelmed by the options and possibilities. Take a look at our Malta vs Cyprus citizenship comparison guide. We also use third-party cookies that help us analyze and understand how you use this website. The final option is the family office scheme for which you must have a minimum of five years of experience in business, investment, or management. While there are many Caribbean citizenship by investment programs, here are some of the most popular ones. Singapore has been ranked as the “Happiest country in South-East Asia” according to the 2018 World Happiness Record and has also been ranked as the top city in Asia in terms of quality of life. First, you have access to fast processing within four months. This provides a wide array of benefits including the possibility to work in Australia, the freedom to travel throughout Australia as well as New Zealand, the ability to have Australian-born children, as well as healthcare and social welfare entitlement. With golden beaches, enticing foods, and excellent weather, both Spain and Portugal offer safe and stable lifestyles in the heart of Europe and straightforward ways to obtain temporary residence permits. While Cyprus is a part of Europe and the European Union, it has not yet joined the Schengen zone. Dr. Steffen says the two years leading up to 2020 saw investment migration mature from being a luxury lifestyle product to become a sophisticated investment choice, and the Covid-19 fallout has put a spotlight on the many benefits of strategic residence and citizenship planning. This is largely due to the two programs being similarly priced and having similar requirements. The Portuguese economy has also been bolstered by a surge in tourism and shored up by an increase in tech companies and startups in Lisbon. You are expected to pay additional applicable taxes and fees. These cookies will be stored in your browser only with your consent. Economic citizenship is essentially the same thing as citizenship by investment. At the same time, Moldova's CIP program has been suspended until December 2020. Citizenship By Investment (CIP) pricing can vary greatly, with entry level Caribbean programmes starting from as little as $100,000 (donation) for a single applicant, whereas the Cyprus Citizenship Programme requiring a property investment of at least €2.5 million. The first option is for well-established business owners. This category only includes cookies that ensures basic functionalities and security features of the website. The Australian Investor Visa is different from Cyprus as it does not award you with direct citizenship unless you have physically stayed in Australia for 4 years as a residence. There is 60 day fast track application process available with St Kitts and Nevis. Best citizenship by investment 2020 comparison: why invest in a second passport? The legal basis for the new citizenship program for naturalisation for exceptional … In return, you accept the responsibility of complying with the laws and rules of the respective state. To obtain this visa, your immediate family should have a minimum of 30% shareholding in the family. This is the second citizenship by investment program set to launch in the Pacific, after Vanuatu achieved great prosperity from citizenship revenues operating since 2015. This is why we have made it our mission to provide top-of-the-class service that takes the stress off your shoulders. There are no physical residency requirements, no requirement to travel to St Kitts and Nevis during the application process (it is possible to apply remotely), and no interview, education, or managerial experience required. Our knowledge of immigration policies can help you save time and money Contact us today to find out more about your Citizenship By Investment Options. Factors that can influence your decision are whether you intend to relocate or not, equally the type of investment you intend to make is important, and can require a thorough examination of potential returns. MALTA & CYPRUS TO END THEIR CITIZENSHIP SCHEMES, Malta vs Cyprus citizenship comparison guide, a popular citizenship by investment option, The right to live and travel freely in the country, as well as in other countries with which the nation has special agreements with. Singapore passports give you access to 190 visa-free countries, which is the second best according to the Henley Passport Index. With this passport, you have access to 185 visa-free countries. The third option is geared towards founders of fast-growing companies. Citizenship by investment is a process by which an individual obtains a second passport and second citizenship through investment in the economy of the country. St Kitts and Nevis form a country in the Caribbean. You must also provide proof of funds and create ten full-time employed positions. What makes Antigua and Barbuda an attractive option is that it’s ranked as the safest country in the Caribbean for relocation. Depending on the country, there are specific requirements for the investment you can make, and different benefits associated with the passport you acquire. Mauritian Citizenship By Investment 2020: By making a non-refundable donation of $1 million to a Mauritian sovereign development fund. The move comes after an Al Jazeera investigation showed that politicians were willing to help criminals acquire passports. Real estate investments in countries such as Portugal and Greece have offered high returns in the past, particularly on rental properties in popular vacation spots. You must also provide a clean criminal record, and if you want to bring your children with you or want them to benefit from the visa, they must be under twenty-one. The requirements for this investment visa are that you donate either 150 000 USD as a single applicant (add 25 000 for a spouse and 10 000 for every additional dependent) to the Government or that you invest 400 000 USD for a five-year period, or 200 000 for a seven-year period, in real estate. There are many countries around the world that offer citizenship by investment programs. There is a lot to consider when determining which European country is best suited to your citizenship needs. A New Zealand passport provides visa-free entry into 129 countries. Often when people talk about how you can buy a passport, they talk about citizenship by investment. With the investment program, you have access to citizenship as well as a passport. These cookies do not store any personal information. Nonetheless, as of May 2020 Indians can apply for citizenship by investment programs in Cyprus, Malta, Montenegro, Turkey, Saint Kitts and Nevis, Saint Lucia, Antigua and Barbuda, Grenada and Dominica, to name but a few of the key Caribbean and Global CBI programs. There are a number of different reasons why you should invest in a second passport: There are a number of benefits in obtaining a second passport through a “Golden Visa” or citizenship by investment program, some of which are: Your choice of citizenship by investment program will depend entirely on your circumstances and requirements, however, there are some investment programs that are more popular than others. Don’t worry, this is what we are here for. By far, Dominica offers the cheapest and fastest way to get a passport by investment. The vast majority of countries do however demand the following: A transfer of funds or government bonds is usually the fastest way of becoming a citizen by investment. We'll assume you're ok with this, but you can opt-out if you wish. Currently, the cheapest citizenship by investment program is offered by the Common Wealth of Dominica with investment of $100,000 for an individual applicant. With a residency in New Zealand, you will be expected to pay tax on your worldwide income. There are however some key differences between the two. Moreover, you can travel to more than 135 countries which include Schengen member states, the United Kingdom, Hong Kong, Singapore, and many more. Many people feel that the number of countries a passport allows you to visit defines the quality of that passport. The Citizenship by Investment (CBI) industry has quickly grown into $5 billion dollar industry, almost doubling in just the last three years.. We at Best Citizenships (BC) designed a new ranking model for Citizenship by investment (CBI) programs based on Points Based Scoring (PBS) system to mathematically rank the best CBI program for clients. The processing times are quick to receive a passport and you get to stay in your country when applying; indeed, you do not need to be on Portugese soil to apply. We’ve compiled a comparison of some of the most successful programs for you to compare. With the passport, you can travel to up to 172 countries in the world without a visa, have freedom of movement throughout the European Union (can therefore study and work within the EU), the possibility of reducing your financial commitment to 500 000 Euros after five years, a minimal physical stay requirement, as well as a low tax regime for foreign-sourced income. Requirements for citizenship by investment programs, That your investment funds come from a legal source, Citizenship by investment vs residency by investment. Its low investment requirements are already enticing, and the opportunity to receive a passport that opens up the European Union, which gives you access to freedom of movement as well as all the benefits enjoyed by EU members, is unbeatable. With the investment program, you have access to citizenship as well as a passport. Malta limits the number of eligible participants. Between 2011 and 2018, the number of these programmes has risen from two to twelve whereas the attracted investment has leapfrogged from $43 million to $3 billion. Additionally, international income is not taxed in Singapore; only income made in Singapore is taxed at very attractive rates: corporate tax is capped at 17%, and personal taxes are capped at 22%. But opting out of some of these cookies may have an effect on your browsing experience. You must also have a net investible asset that reaches a minimum of 200 million SGD. Also, it’s made up of 365 islands, with crystal clear blue waters, stunning scenery, and a relaxed pace of life. By far, Spain’s Golden Visa and Portugal’s Golden Visa program offer the best advantages for non-European nationals looking to invest and acquire European residency. Looking for a new lifestyle or simply a second home? In other words, anything is possible in America with the right kind of investment. Portuguese real estate prices are projected to continue growing in the coming years, therefore presenting a much more stable and secure investment than purchasing Greek real estate. You are given citizenship by a state and are therefore automatically entitled to a number of rights and privileges you wouldn’t normally have.Â. With One Visa, you will get to have no more stress due to your visa application(s) as our team will assist you in handling the entire visa application process from the start until the end efficiently. As a former US citizen, I grew up with the notion that it was possible to fly just about anywhere in the world without worrying about visas. based on the latest immigration policies that can increase your chances of success substantially. With this visa, you have the opportunity to live, work and study in the United States. Don’t forget that incomplete forms or improper documentation can lead to complications or delays; that’s only more paperwork for you. There are no residency requirements nor a visit required to get the Kittitian passport. Our, Citizenship by investment comparison guide for 2020, If you’re looking to obtain easy citizenship by investment in Europe, take a look at our citizenship by investment comparison guide for 2020. The Quebec Investor Visa Gives the Canadian Permanent residency Visa to Business Owners and High Net Worth Entrepreneurs and passive Investors wanting to Immigrate to Canada by Investing but not as active entrepreneurs in Canada. 1 – Purchase qualifying real estate in Malta and register for residency. The first requires you to invest a minimum of 500 000 Euros in real estate property in Portugal as well as to show that you hold no criminal record and that you have proof of source of funds. You often receive the passport in five years or more. Cyprus allows for an unlimited number of investors to apply for its program and citizenship. You are given citizenship by a state and are therefore automatically entitledÂ, to a number of rights and privileges you wouldn’t normally have.Â. The Bulgarian Passport by Investment - A Road Worth Travelling - PKF Malta & NBLO July 28, 2020 / Podcast. One of the ways to acquire Belize permanent residents (and at last citizenship) is by investing in a business in the nation. You do not need to be in the country physically, however, if you want to get citizenship, you must prove that you are staying in the United States for a minimum of 180 days a year. Citizenship in Malta allows for freedom of travel to 183 countries (including the US, Canada, and Australia), and citizenship in Cyprus allows for roughly 170 countries, excluding the US. This is largely due to the high standard of living, stable economy and government, as well as the potential for high returns on investments. We look at all of the, What exactly does citizenship mean? For example, some programs request medical exams which require candidates to prove they are in good health, others do not. The Singapore visa is called the “Global Investor Program”, or GIP. The requirements include a due diligence check and a clean health record, along with donating to one of the following investment paths: St Lucia National Economic Fund, government bonds, real estate projects, or investment in enterprises. Greece has rivaled Portugal in recent years in terms of the most popular citizenship by investment programs in Europe. At One Visa, we understand that you may be overwhelmed by the options and possibilities. However, key differences between the two programs exist and it’s important to know what these differences are. Posted: January 13, 2020October 22, 2020 - Updated: October 22, 2020, Home » Cidadania Europeia » Citizenship by investment comparison guide for 2020, If you’re looking to obtain easy citizenship by investment in Europe, take a look at our citizenship by investment comparison guide for 2020. This is one of the main reasons why citizenship for investment programs is the fastest route to a second passport. 2 – Apply for Malta citizenship by investment, pay the due diligence fees and deposit, submit all the correct forms and supporting paperwork as well as pass a criminal background check for main applicant and dependents from their country of origin. Receive Tips & News on how to secure your next visa ! During the first year, Malta requires applicants to spend 183 days in the country to develop a genuine connection. Our model is one of a kind in the … Benefits of the Singapore Investor Visa Program. April 27 th 2020 Cyprus to Scrap Citizenship Application Cap. We guide you from start to finish, taking you beyond your citizenship or residency by investment application. Singapore students score among the best in the world and is widely known as being superior to many other countries. Global Citizen Solutions is a boutique consultancy firm with years of experience delivering bespoke residence and citizenship-by-investment solutions for international families. And if necessary, we will help you liaise with the local authority. Malta is part of the Schengen area meaning that holders of Maltese citizenship are able to travel freely within these borders. Copyright © 2020 one-visa.com Singapore. The Greek program also requires that applicants spend 183 days per year in Greece, for 7 years in order to get a European passport. Four reasons why moving to Singapore will help your business grow faster? The Portuguese real estate market has grown at a stable rate over the past few years, while the Greek real estate market is still experiencing a period of stagnation which began with the global financial crisis. Our Programs are available for Caribbean, Europe, North & South America. Albania The Guardian falsely reported that Albanian Prime Minister Edi Rama “launched a citizenship by investment program” at Henley & Partners’ annual conference in London in November. As a haven for sail-boating and scuba diving, Antigua and Barbuda remains a popular citizenship by investment option. This is why we have made it our mission to provide top-of-the-class service that takes the stress off your shoulders. Health care is also one of the best in the world due to highly skilled doctors and other medical practitioners. Nonetheless, chances are that at least one or two of the below countries will formally open or announce a CIP in 2020. Citizenship by Investment in 2020 , Canada is the best country for Immigration .Vancouver Investment Immigration . Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. By investing US $220,000, plus associated fees, in a Grenada government-approved real estate project, investors and their families are granted dual citizenship, allowing them to make an investment (suggested minimum amount is US $150,000) in the United States in exchange for residency and the opportunity to work there. Both Cyprus and Malta offer extensive travel benefits. Depending on the country, there are specific requirements for the investment you can make, and different benefits associated with the passport you acquire. 2020 / Podcast if you wish in other words, anything is possible in with... Often receive the passport in five years or more next generation business owners funded in cases. Are relatively inexpensive and can result in high returns assist you in preparing value-add documents ( e.g Union! For four years legal basis for the number of countries a passport, they talk about citizenship by program! 2017, the number of benefits that you can invest in exchange for by. 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