Author page: Prabhu Balakrishnan

E-2 visas issued to CBI countries

E-2 visas issued to CBI countries

Dual nationals through CBI investment schemes often qualify for E-1 and E-2 visas under non-immigrant category. E-2 visas are the best alternative to EB-5 because of very fast processing times and low investment. EB-5 investment now raised to $900,000 effective from Nov 21. The investment in the US must be substantial in relation to the type and size of the…

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Why Turkey CBI scheme attracts Arab investors?

Why Turkey CBI scheme attracts Arab investors?

Turkey launched Citizenship by investment (CBI) scheme in 2016 for $500K, then the next year the scheme reduced investment conditions to just $250,000 to buy real estate. Since then the scheme became extremely popular among middle east investors. President Erdogan introduced this scheme to recover economy from crisis and revive property sector. The Turkish citizenship by investment (TCBI) scheme is…

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Montenegro CBI scheme open for applications

Montenegro CBI scheme open for applications

Montenegro Special citizenship by investment launched in 2018, is now ready for accepting applications. Interested candidates must apply through authorized agents. This scheme has a limited quota of 2000 applications and will permanently close on Dec 31, 2021 Montenegro is the cheapest CBI scheme in Europe. Here are some quick comparison with other citizenship investment schemes in Europe. CBI Investment…

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Montenegro expands citizenship by investment scheme

Montenegro expands citizenship by investment scheme

The Montenegro Government has now expanded citizenship by investment scheme from real estate to agriculture, fisheries and wood processing sectors. Previously only tourism and hotel development projects were eligible for special citizenship by admission scheme which is limited only to 2000 investors running for three years until 2022. The Montenegro Citizenship by investment program (MCBIP) launched in 2018, is now…

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Benefits of Commonwealth citizenship

Benefits of Commonwealth citizenship

The Commonwealth citizenship is acquired by virtue of holding citizenship of any Commonwealth member state. A Commonwealth citizen is not regarded to be a foreign citizen, or alien, by another respective Commonwealth government. This tradition descends from the older ‘British subject’ designation – though nothing but name has changed with regards to this concept other than name. Commonwealth citizens are…

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Mauritius Golden Visa – Residence by Investment

Mauritius Golden Visa – Residence by Investment

Mauritius is one of the most beautiful islands in Africa. Globalisation and rapid development has made Mauritius the richest country in Africa, with an average wealth of $37,500 per inhabitant home to highest number of millionaires. Mauritius welcomes investment and embraces business. Globally recognised as a safe, stable and easy environment to conduct business, Mauritius is great place to invest,…

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Does EU citizenship really exist?

Does EU citizenship really exist?

EU citizenship is supplementary addition to national citizenship of the Union. EU citizenship was first introduced by the 1992 Maastricht Treaty, and was extended by the Treaty of Amsterdam. Without a citizenship of the member state, EU citizenship would cease to exist. This also means European Union citizenship do not exist alone. Member State, having due regard to Union law, to…

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Why Chinese prefer residency instead of citizenship?

Why Chinese prefer residency instead of citizenship?

Rich chinese are the biggest investors in Golden visa than than citizenship by investment (CBI) schemes, There are more important reasons for this. Dual citizenship not allowed for Chinese PRC nationals, hence they prefer residency. A significant number of chinese dont want to renounce citizenship by naturalizing abroad. Chinese prefer to invest in real estate in Europe for greater investment…

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