Cyprus citizenship by investment scheme was launched on 24th of May 2013, as per the decision of council of ministers, for naturalization of investors by exception. As of 2018, a total of 3326 foreigners obtained cypriot passports through the investment scheme.
Each country has its own nationality laws and there are many ways to apply for nationality in a country, either by birth, marriage, descent, naturalisation or marriage. Some countries like Austria, Cyprus, St.Kitts even grant citizenship by monetary investment in their country. Dual nationality has been in much of the debate over the years. Much of the developed countries such…
The UK Government has announced the suspension of £2 million tier1 investor visa scheme effective Dec 7, 2018. The scheme is only temporarily halted and will likely resume with new rules in 2019. New applications will not be accepted until new measures, existing applicants are not affected.
Germany is one of the powerful economies in Europe, developed country and excellent living standards for HNW investors Germany has been one of the most popular immigration destinations in the world for some time now. There are few countries as liberal as Germany when it comes to the purchase of real estate by foreigners. Both natural persons and legal entities…
On November 21st., 2018, the Brazil published the Normative Resolution No 36 (“NR 36”) that discipline the granting of residence to foreigners investing in Brazilian real estate property. Foreigners buying a property for minimum of $180,000 (R$ 700,000) will be granted residence rights to live in Brazil. According to the Ministry of Labour, new rules the value of investment must…
The Permanent Residency Program of Antigua & Barbuda was introduced in 1995 to encourage wealthy individuals to establish tax residency in the country. Antigua and Barbuda is an offshore jurisdiction with no personal income tax, capital gains tax, inheritance tax and wealth tax. It offers wide range of opportunities for asset protection, including the Citizenship by Investment Program, launched in 2013. Antigua’s Residency program offers ZERO worldwide income,…
Antigua and Barbuda has one of the most popular citizenship by investment programmes in the Caribbean. The CIP scheme was launched in 2013. Antigua passport in 2018, has visa free travel to 150 countries in the world (UK, EU Schengen states, Ireland etc) . As per the CIP regulations, applicants must contribute to donation fund or buy real estate to be…
Almost Half of the world countries have worst passports, severely restricting mobility and travel freedom for its citizens. Afghanistan and Iraq passports are the worst passports in the World as of 2019, according to Henley passport rankings, For example chinese passport has only limited travel freedom to only 74 countries, while russia passport has access to 119 nations as of…
People in India, very often confuse between holding dual citizenships with Overseas Citizens of India (OCI) introduced by the the Govt of India. The Indian constitution does not allow dual citizenship or simultaneously holding two passports of different countries. The Indian Citizenship Act, 1955, does not allow dual citizenship. Holding Indian passport/acquiring Indian passport/travelling on Indian passport after acquisition of foreign…
