Wealth is quickly growing in african continent producing a significant number of millionaires and billionaires. The emergence of vast numbers of newly wealthy Africans over the past decade has had a profound effect on global economic landscape “Wealth,” is defined as the value of financial assets plus real assets (principally housing) owned by households, minus their debts. Africa is the…
Egypt offers an attractive golden visa program, granting long term residence for foreigners investing in property market to revitalize the real estate sector and attract foreign direct investment. As per the Golden visa rules, the property ownership must be approved by an authorized body, such the Urban Communities Authority, the Tourism Development Authority or the governorate in which the property…
Denaturalization (the revocation of citizenship), occurs when a state depriving citizenship involuntarily. This process is the reverse of naturalization. The most common grounds for denaturalization Military service with dishonorable discharge occurring within 5 years. Affiliated with, the Communist party, other totalitarian party, or terrorist organization within five years of naturalization Fraud, concealment or false information. Spending long periods of residence…
Portugal Government has approved Golden visa Decree Law No. 14/2021 that makes important changes coming into effect from Jan 1, 2022. The new legislation was published on Government gazette on Feb 12. The Golden visa investment in real estate will be allowed in Lisbon/Porto/Algarve and other coastal areas until Dec 31, 2021. There will no change to the current regime.…
The common usage of ePassports have exploded over the years with rise in travel and tourism. ePassports are an important security feature to protect against fraud, misuse and abuse of passports. It has several names, commonly known as an e-passport, ePassport, or a digital passport. Passport security have come a long way since the first photographic identification appeared in 1856…
Towards the end of 2018, Moldova launched one of the exciting citizenship by investment program in Europe. What happened to the program? Important changes Moldova’s legal framework of investment citizenship came in 2016 when new legislation was drafted to allow acquisition of citizenship by investment (CBI). This was pursuant to the Law No. 1024 of June 2, 2000 on Citizenship…
With Bitcoin reaching out to almost $50,000, there has been increased interest from fintech investors applying citizenship by investment programs. Vanuatu made headlines in 2018 becoming the first country to accept Bitcoin for citizenship by investment program. Unfortunately this information is not true to this. We want to clarify some important things about accepting Bitcoin for Vanuatu DSP citizenship by…
Which Citizenship by investment programs are easiest to apply? We looked into several things such as difficulty in documentation, paperwork, personal visits and e-application process? Application forms availability for free online Documentation difficulty (arranging passport copies, confidential application process, apostille or certification etc) Application completion difficulty (number of forms required) Electronic application process (e-filing) Processing speed in days Travel or…
The CARICOM Passport is an official travel document that can be used for travel within and outside the Caribbean. It is issued by the 15 member states of the Caribbean Community (CARICOM) for their citizens. One of the major benefits of the Caricom passport in order to make intra-regional and international travel easier for their citizens within one single bloc…
Many countries offer free citizenship through birth or ancestry. These are the easiest pathways to become a citizen of a second country, without spending much money. Here is how you can get free citizenship. We show you some of the easiest and cheapest possible ways.. Citizenship by Birth (if both parents are citizens) Citizenship by ancestry or ethnicity (look for…
