Citizenship by investment programs offer numerous benefits, and have been hugely successful in attracting thousands of high-net-worth individuals to pursue second citizenships around the world. There are many significant benefits associated with having a second passport. We have included the main benefits below!
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).
Topics: citizenship by investment, Cyprus, CIP, Saint Lucia, St. Kitts and Nevis, Dominica, Citizenship, investment migration, CBI, Antigua and Barbuda, Europe, Benefits of citizenship by investment, travel freedom, passport, dual citizenship, residency by investment, Residence by Investment, dual nationality
Citizenship by Investment programmes provide the chance to gain citizenship through investing in the economy of the host countries. Let’s take a look the various citizenship by investment programs offered.
On the 23rd of November, Kylin Prime Group hosted its kick-off event in Ireland, titled “Building Your Future in Ireland”. Although the evening was dry and chilly, attendees were sheltered from the wintery weather inside the luxurious Westin Hotel, right in the heart of Dublin City.
Both Residency by Investment (RBI) and Citizenship by Investment are both modern concepts which have emerged in the last 20 or so years, enabling individuals from one country to relocate to another country, by meeting certain criteria which usually involves making an economic contribution to the country’s domestic economy. Such programmes provide mutually beneficial facets for both countries and investors alike. Countries benefit from incoming investment and increased spending, which can be used to improve infrastructure and other services. Investors benefit by having the opportunity to relocate, oftentimes with their family to a highly desirable location, improved personal freedom and access to greater opportunities.
EU citizenship provides the freedom to move freely within the EU and EEA region. As an EU citizen, you have the right to live and move within the EU without being discriminated against on the grounds of your nationality. It also grants the right to study and work in any EU member state. Moreover, EU passports are among the most powerful passports in the world, when it comes to visa free travel.
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.