10 Countries That Offer Citizenship By Investment, You can acquire a second citizenship and passport

You can acquire a second citizenship and passport from a host country by investing in the economy of that country. That is how citizenship by investment works in a nutshell.
Citizenship by investment programs provides citizenship legally and significantly more quickly than standard immigration processes. People pick citizenship by investment programs for a variety of reasons, but ultimately, investing in second citizenship is an investment in freedom. Citizenship for life, a valid passport, visa-free travel, and other benefits can be obtained in as little as three months.

Citizenship by Investment in Antigua and Barbuda allows qualified investors to get dual citizenship in a West Indian island paradise with some of the world's most gorgeous beaches.

As a single candidate or as a family, you can obtain Antigua citizenship by making a charitable contribution, investing in real estate, or creating an approved business. For the Antigua Citizenship Program, there are three main investment possibilities to consider.

National Development Fund contribution or charitable donation

Business establishment

Antigua and Barbuda residents and citizens enjoy relatively low tax rates. On worldwide income or assets, there are no capital gains, inheritance taxes, income taxes, or wealth taxes.

Individuals who are temporarily in the country will only be taxed on income earned in Antigua and Barbuda.

Saint Kitts and Nevis

The Citizenship by Investment Program (CIP) in St Kitts and Nevis allows qualified investors to earn dual citizenship and tax-free international income in the lovely twin-island nation. You can become a citizen of this magnificent paradise by acquiring government-approved real estate or donating to the country's Sustainable Growth Fund, which is one of the world's oldest initiatives.

In St. Kitts and Nevis, there is no direct taxation. This means that residents of the islands are exempt from personal income tax, estate duties, inheritance or succession taxes, gift taxes, and net worth tax.

For a single candidate or a family of up to four people, a non-refundable commitment of USD 150,000 to the Sustainable Growth Fund (valid until December 31, 2021). Each sibling receives an additional USD 20,000, and each additional dependant receives an additional USD 10,000.

The economic citizenship program in St Lucia is the newest and most popular means to get a second passport. You can get a passport from Saint Lucia by investing in real estate, the National Economic Fund, government bonds, or a business.

Residents and citizens of Saint Lucia enjoy relatively low tax rates. On worldwide income or assets, there are no capital gains, inheritance taxes, or wealth taxes.

It's worth noting that there are certain local tax implications. Residents of Saint Lucia, for example, pay a personal income tax (PIT) scale based on domestic activity. Individuals who are not residents are only taxed on income earned in their home country.

Dominica's economic citizenship program is one of the best-rated immigration schemes, with a minimum investment of $100,000 USD. By acquiring real estate or giving to the Government's Economic Diversification Fund, you can obtain a Dominican passport through their investment program (EDF). There are no taxes on the money, gifts, inheritances, or capital gains. As a result, this citizenship by investment program could be a valuable addition to your global tax strategy.

An investment of at least USD 3.5 million in an approved company project (as defined by the legislation), as well as the creation of at least three permanent employees. A non-refundable contribution of $100,000 to the St Lucia National Economic Fund (NEF) (for a single applicant).

Grenada is an ideal Caribbean destination for visa-free travel to more than 140 countries. Donate USD 150,000 or invest USD 220,000 in a government-approved real estate project in Grenada and keep the property for at least five years. The Grenada citizenship by investment scheme is appealing for a variety of reasons. From its stable government, robust economy, and thriving tourism industry to its picturesque beaches and private lifestyle, the country has a lot to offer.

Foreign investors can tap into a plethora of commercial prospects with access to both European and Asian markets, as well as the extra benefit of getting a Turkish passport through the Turkey citizenship by investment scheme. The real estate choices require the acquisition of a property for a minimum of USD 250,000 plus expenses. It was originally established at USD 1 million, but in 2018 it was decreased to its present level. Turkey offers tremendous tax incentives to foreign investors. The country levies no taxes on money earned outside of the country. You are also free from paying tax if you stay in the nation for less than six months per year.

Montenegro, located on the Balkan Peninsula in south-eastern Europe, is noted for its breathtaking natural beauty. Despite its location in Europe, Montenegro is not a member of the European Union.

Euro 350,000 is the minimum financial requirement (real estate investment of Euro 250,000 and a donation of Euro 100,000 to the country). Montenegro, the Schengen Area countries, Russia, and Turkey, among others, have the right to free movement.

Expats and their families who contribute to Malta's economic prosperity are granted citizenship through a certificate of naturalization. This occurs after a 36-month (or, in other cases, 12-month) residence period. Euro 738,000 (or Euro 888,000 in certain circumstances), depending on the period of resident status (36 or 12 months, respectively). Malta's tax system is based on residency rather than citizenship, thus even if you earn citizenship, you may not be required to pay tax in Malta. Malta also has unique tax plans for new citizens that might help them save money on taxes.

The UK Citizenship by Investment program, commonly known as the Tier 1 Investor Visa, is the most common means for foreign investors to reside in the United Kingdom, with a fast-track path to British citizenship available.

To qualify for a UK visa, applicants must deposit a lump sum of money and keep it invested throughout their permanent residency in the UK. To obtain permanent residency, you must invest in active and trading UK-registered businesses. While there are other citizenship by investment programs governed by various immigration laws, few countries have as strong an economic structure and as high a level of living as the United Kingdom.

While the UK investor visa does not directly lead to UK citizenship, naturalization after five to six years is an option. You must pass the Life in the UK test and meet the English language requirement to apply for a British passport.

Austria is a welcoming European Union country that offers foreign nationals the opportunity to become Austrian citizens through its prestigious Austria Citizenship By Investment Program. A minimum payment of 3 million euros is required. Investing in an active firm or other innovative business, donating to a government fund, or investing in venture capital are all viable possibilities.

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