Citizenship by Investment Programmes (CIPs) enable investors from around the world to gain a second citizenship by making a government approved investment in the country’s associated citizenship by investment programme. Traditionally, the right to citizenship is granted on the basis of being born in a particular country, descent from parents, marriage and naturalisation (which is often a lengthy process and the terms of which vary significantly from country to country).
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Citizenship by Investment ("Ius Doni") refers to the granting of citizenship to an individual or family usually through making a substantial financial investment into a country’s domestic economy. While modern day economic citizenship programmes have been around for 30 years, they have only recently become popular as both high-net-worth-individuals and governments realise the mutual benefits offered by such programmes.