In Europe, Austria (55%), Netherlands(52%), Sweden (62%), Finland(56%-62%), Denmark (56%) has the highest income tax rates. Residency by investment in Netherlands (passive investments not accepted), Qualifying investments (business capital, shares, bonds), No residency requirements (must visit Netherlands once a year for few days), Permanent residency status after 5 years of uninterrupted living. Investments in hotels, resorts or real estate developments. US imposes taxes on worldwide income to EB5 investors. Attractive program post Brexit due to cheaper pound value. Citizenship by investment has its clear advantages. Risk free investment as investment money refunded after 5 years. Becoming a dual citizen in a new country can allow you easier access to investment opportunities, employment options, domestic social services, and more. It is one of the oldest countries in the European continent. There are mainly two routes, one is residency (Golden visas) and other is instant citizenship with a passport (CBI schemes). Residency by investment (PR status) in the best asian city to live. This way today it is a country with one of the cheapest second passport in the whole world. In the real sense, the approval process will take at least 4 months after the submission of application documents. Requirements for citizenship by investment depend on each State separately, but you are usually looking at about ten years of continuous residency. A new global industry has been booming in recent years, as countries offer people the chance to acquire citizenship or residency. Here are a quick summary of all the citizenship and residency programs currently available. We have everything you need, addressing your quest to find the cheapest and best Caribbean or European economic citizenship programs. The Saint Kitts and Nevis citizenship by investment program has existed for a long time and has been attracting many foreigners who have eventually made significant contributions to the country’s development. Cypriot government has simplified residency programs to enhance foreign investment, thus developing its economy. Most popular property investment program in Europe. Countries offering Citizenship by Investment; 1. Economic Citizenship – These scheme offer citizenship of special interest to the state by exception. Similarly to Argentina, in Peru, you can get citizenship in 2 years. These also serve as push factors for driving the wealthy to other safe haven countries. Jus pecuniae means acquiring citizenship against financial contribution. Citizenship through $400,000 real estate investment in approved Antigua property developments. Vanuatu; 6. Must live permanently in the US, not absent for more than 3 months. Expect additional processing costs 50,000 to 60,000 euros. Only golden visa program is currently active in Cyprus. Many people feel that the number of countries a passport allows you to visit defines the quality of that passport. Residency by investment in Schengen country. Golden visas are usually permanent residency or residence permits issued with limited time validity (say one or two years). Residency requirement: 1 year or 12 months by satisfying genuine link to Malta (e-residency must rent or buy a home in Malta). You must make an investment, that brings significant benefits to the country, creating jobs etc. Countries that give citizenship by investment in Europe include Malta, Portugal, Spain, Greece and Cyprus. Grenada passport issued valid for 5 years. Free movement in Schengen with German residence permit . Family and children qualify for Montenegro passport. Citizenship-by-Investment programs offer you the opportunity to legally acquire a new citizenship quickly and simply, without any disruptions to your life. If you acquire real estate for a minimum of USD 250,000 and do not sell it for 3 years, you can apply for citizenship. Countries offering Instant Citizenship by Investment. Located in the southwestern part of the European continent, Spain seems to be a perfect investment destination for many people who wish to achieve various goals. 1. Easy application process with high approval rates. British ILR or Citizenship after 5 years of living. Citizenship by Investment (CBI) schemes have zero residency requirement before or after receiving passport. German passport rated as the most powerful passport in the World. Tax haven for offshore company formations. Investment in buying a home or property allowed under the scheme. The economic citizenship programs in Antigua and Barbuda do not have any requirements for minimum education or language proficiency levels, unlike other countries with investor citizenship, where the applicants have to take tough tests. Montenegro Economic Citizenship program open since, Second passport in a beautiful country which expects to join EU in 2025 and schengen area. Property investment in Panama real estate market. RBI/Golden visa schemes will naturally be good choice if you dont want to face risks associated with dual citizenship. The best, easiest, less expensive and fastest option is. Keep in mind that this list excludes Citizenship by investment programs, where the path to the second passport is usually much much faster. There are about 15 countries in Europe offering residency or citizenship to foreign investors against a qualifying investment. Development funds - capital to develop various projects and programs within the country. In response, St. Lucia is the first country to offer a Covid-19 discount on its citizenship by investment program. It is located to the south of Turkey and borders Israel to the north and also southeastern of Greece. St Kitts passport issued is valid for 10 years. One of the best second citizenship by investment programs can be found in Montenegro. No interviews, business experience or language tests. Citizenship by Investment Timeline 1984 St. Kitts & Nevis Citizenship by Investment Program 1993 Dominica Economic Citizenship Program 2011 Cyprus Naturalization of Investors by Exception Scheme 2012 Antigua & Barbuda Citizenship by Investment Program 2013 Grenada Citizenship by Investment Program 2015 Saint Lucia Citizenship by Investment Program 2018 Jordan; 12. This is because it gives a long-term advantage of living in a foreign country, traveling around the world, making investment decisions, and saving a good amount of money that otherwise would have been spent in taxes. It is home to the world’s renowned water wells. For example, it may become vital in case of retirement and if you need to seek a refuge. 10. You have to extend the validity of residence permit (under golden visa) once every two for five years and to do this you must visit the country personally. It is the cheapest price among all the citizenship by investment countries if you choose to donate to the government. 1. Other countries offer a route to citizenship following a reasonable period of residence, such as Australia, Canada, … The investment amount varies from country to country but the process is quite similar. Investments in real estate help to develop the major economic sector, of Spain, therefore, at Apex Partners, we will guide you through the necessary steps to achieve that. These countries not only offer instant citizenship but also seem to be comparatively cheap because they require approximately $140,000 for a family of four people. It is strategically located in the Middle East. This fact makes such countries the ones that can offer the highest quality passports in the whole world. Montenegro; 5. Also, all the applicants’ criminal records should be checked before entering a residence program. But citizenship for many immigrants, comes at a significant financial cost. Another problem is you are taxed on worldwide income, if you get permanent resident status. The number of countries offering citizenship and residency schemes based on economic investment have ballooned due to globalisation, fueling global demand for passports and visas. Citizenship by investment – These schemes offer instant passports within months in exchange or donation or buying a property. The second passport obtained is convenient and allows a person to travel freely to any destination in the European Union. No residence requirements and no requirement to visit or live in St Kitts. Cambodia; 9. Global uncertainties such as Brexit deal, Trump victory, Syrian crisis, Hong Kong protests, Turkey lira crisis, Demonetisation in India is fueling the growth pushing people to look for alternative citizenships elsewhere. Founder of Corpocrat Magazine and World’s leading expert in citizenship and residence by investment schemes assisting wealthy individuals and families. Although not a part of the E.U Moldova is in Europe and offers an alternative to the Caribbean passport programs with residency a potentially attractive option and a passport offering visa-free access to 122 countries. The majority of countries handling economic crises are devising alternative strategies to improve their economy. Most popular business immigration program in Europe . Singapore passport ranked top 5 best passports in the world. Dominica: By having a population of 71,000, the numbers of investor citizens in this country are … All other countries in Europe require residency first before citizenship. For example, people who would like to stay there with their families and to buy houses for holidays and vacations, often deal with property owned by a foreigner. However, before rushing to that, you should take a look at all the available options, since the countries that give you citizenship by buying a house have stricter minimum requirements. No language tests. No language tests, no business experience, no health checks, No education required. It means that a person who is allowed to invest in the European countries and acquires residency will eventually yield European citizenship in the respective country. Citizenship can be bought simply by investing $100,000 along with a few more free structures along with a face-to-face interview on the island. It is important to note that acquiring property in an area with low population may lead to reduction of the investment threshold by 20%. Qualifying investments: Real estate investment. Many investors dont want to move and live there away from home. Citizenship is lifetime and can be passed on to future family generations. Dual citizenship can also offer additional security in the face of political instability. St Lucia passport offers visa free travel to United Kingdom, Switzerland, France, Germany to 110 countries. Qualifying investments: real estate, property investment, No requirement to permanently live in Fiji, Residency by investment (permanent residency), Qualifying investments: Real estate property investment, No corporate income tax, value added tax, or wealth tax, Qualifying investments (real estate, business investment). Some European countries may require up to $1.2 million especially those countries that offer residency for buying property. Golden visa schemes in Europe such as Portugal, Greece, Spain do not require you to live or move to these countries. Swiss permanent residence card after 10 years of uninterrupted living. Dominica; 4. This is a sovereign country located in the West Indies of the Caribbean. Grenada; 8. Here at Apex Partners, we strongly believe that second passport is right for everybody. Best scheme for making substantial financial investment in Singapore. Facts and figures of countries that offer Citizenship. Belgium business investor program (passive investments not accepted), Qualifying investments (business investment and create jobs). You and your family will just have more freedom. Get in touch with us at APEX and we will answer all your questions about countries that offer citizenship by investment. The countries that offer citizenship by investment aspire to attract investments in their economies. Citizenship by investment is a unique process that permits individuals to obtain a secondary citizenship via an investment into the economy of a separate sovereign state. To enter the programs you’ll need to have a yearly income of €30,000 from abroad and other incomes sources apart from employment. These are the only countries that offer bonds for citizenship by investment 5 fastest countries to get citizenship in 2021 + instant citizenship! Besides, it also was aimed at creating employment opportunities for the population. Offshore tax haven with bank secrecy laws famous for company incorporations. Essentially, having the second citizenship gives many different advantages. Some countries which offer the opportunity to obtain citizenship by investment are Portugal, Greece, Malta, Spain, St Kitts and Nevis, Cyprus, and Grenada. No personal visit to Antigua required. Montenegro passport offers visa free travel to 105 countries in the world including Russia, all of Europe. In fact, in many Caribbean countries that offer citizenship by investment, you don’t even need to set foot in the country to get a passport. Free movement in Schengen states with residence permit (“. However, the country is in the process of becoming a member and the process is … 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. In addition to quickly gaining a passport for as low as $145,000 (for a family of 4) the Caribbean countries offer the most affordable citizenship by investment programs. Greek program is also called the Golden Visa, which is a gateway to permanent residency in this region. 2. While many Caribbean islands offer citizenship for investment, the pandemic has forced some to discount their programs to find new sources of revenue as tourism tanks. because of limited country quota . Citizenship possible through $400,000 property investment in St Kitts real estate. Permanent residency by investment in Bulgaria, No free movement in Schengen (Bulgaria is not in schengen), Qualifying investments (bonds, real estate, business), No residence requirements to live in Bulgaria, Newly launched citizenship by investment (CBI) program in 2018. The island is very beautiful, it’s famous for its aromatic nutmeg and ginger plantations. The citizenship under investment is limited to 1800 applicants and will be extended further. Free movement in Schengen states with residence permit(“PERMISO DE RESIDENCIA”) issued by spain. The biggest problem with programs in United States, United Kingdom, Canada, yes they give you permanent residence status but you are required to physically immigrate and live there permanently. Economic Citizenship – These scheme offer citizenship of special interest to the state by exception. Dual citizenship allowed along with Khmer nationality. Malta is situated in the Mediterranean Sea and its major economic drivers are trade and tourism. Share. Brazil golden visa scheme launched in 2018, Qualifying investments: business, real estate property, Buy a real estate or invest in business in Brazil. No requirement to live in Spain after getting residency (must visit spain for few days every year). The application process is very easy: it takes a total of forty days from the moment of investment to the issuance of the Resident Permit. Canadian taxes apply for holders of permanent resident status. Residence by investment countries offer golden visas to successful applicants. No requirement to live in Belgium after receiving residency. Hong kong passport ranked 20th best passport in the world with visa free access to 154 countries. Family and children qualify for investor visa. The nation is characterized by stable and effective systems that are likely to guarantee prosperity to potential investors. Family and children qualify for green card. A comparative analysis: expert commentary, Rich people are getting ready to flee America post-election 2020. The Global GDP is expected to shrink by 1% and economic growth is expected worldwide. Ireland is an excellent business investment destination with corporate friendly taxes. Residency by investment in Schengen country, Qualifying investments (real estate, bonds, company shares). If you’re looking for countries where you can get second citizenship fast, you’re at the right place! Its passport gives a chance to travel to over 100 countries including visa-free entry to the Caribbean and European countries. Citizenship by investment is a special type of program through which countries encourage foreign investments. A surprising number of nations worldwide offer residency and even citizenship in exchange for a minimum real estate investment. By Marie Singer Published Jan 25, 2021 at 21:20 PM GMT. Send us a message and our specialists will get back to you within 24 hours. Lifetime Citizenship for family and children. Cambodian citizenship by investment program (Article 12 Law of Nationality 1996). Comparing to other options, it lets you get the second passport faster; it is also sometimes referred to as ‘instant’. Dominica, St. Lucia, St. Kitts & Nevis, Antigua & Barbuda, Moldova, Turkey, and Cyprus are some countries offering a fast processing track towards citizenship. All other countries in Europe require residency first before citizenship. In addition to that, the residency permit can be renewed every 2 years in designated government offices. According to the real estate investment program, you’ll need to buy a property valued a minimum amount of €320,000. Below is a list of the few main countries that offer citizenship by investment. However, it is essential to bear in mind that not all programs of this nature are convenient for you and worth your time. There is a one year (12 month) residency requirement and it takes about 15 months to get the Maltese passport. German Citizenship after 8 years of living, High Value Residency Program in Jersey (Channel islands). The country allows foreign investors to acquire a second passport by investment in property sector and government bonds. Having restructured, redeveloped and re-launched its Citizenship by Investment Programme in 2013, Grenada has become the most popular, the most desirable and most sought-after second citizenship option globally.Through Grenada’s citizenship by invest Confidential and discrete citizenship application process. Residency by investment in EU member state. Australian residency offered to family and children. T he world’s business elite are legally acquiring a second or even third passport simply by following the correct investment and residential protocol set out by countries offering Citizenship by Investment programs. 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