Author page: Prabhu Balakrishnan

Top Economic Citizenship Programs

Top Economic Citizenship Programs

The Economic Citizenship programs have been so popular lately among a number of wealthy families and billionaires who chose to acquire a second nationality for wealth protection and free movement. Infact these so called economic citizenship schemes or ECPs run by small island countries though have been around since forty years, only became popular after 2010. Today this market has…

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Laos Honorary Citizen by Investment

Laos Honorary Citizen by Investment

The Asian country of Laos has opened up its ‘honorary’ citizenship to foreigners investing in the country for economic reasons with outstanding contribution. It will be the second economic citizenship program in Asia after Cambodia’s citizenship scheme. Honorary Citizenship The new Honorary citizen by investment program will inject much needed foreign investment, especially in the property market. To become a…

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The Malta Residency to Citizenship Program

The Malta Residency to Citizenship Program

The Malta Residency to Citizenship Program (MR2C) is one of the most prestigious and attractive Regulations in the world. A Maltese Passport allows applicants to enjoy travel freedom with visa-free access to 182 countries worldwide. Applicants receive a residence card within 3 weeks, which allows investors to reside in Malta and travel visa-free throughout the Schengen area for thirty-six months.…

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Effective 5 April 2022, Bulgaria terminates CBI Program

Effective 5 April 2022, Bulgaria terminates CBI Program

Bulgarian Government has moved to scrap its citizenship by investment program(CBI) granting golden passports to international investors amidst EU pressure to ban golden passports and to further pursue its schengen and US visa waiver ambitions. On 24 March 2022, the Bulgarian Parliament approved an amendment to the Bulgarian Citizenship Act, which aims to end the investor citizenship scheme. The Bulgaria’s…

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