Malta processes some 400 applications every year under its citizenship by investment program. The highly efficient vetting system developed by Malta government to screen high risk candidates is at the core of the CBI industry often touted as the gold standard. Over the past years almost one in three applications are refused under IIP. All applicants and their family members…
Malta attracts wealth to its shores through investments in exchange for a microstate citizenship With rapidly changing globalisation and evolving geopolitics, there is an ever-growing number of high-net-worth individuals who bring wealth, talent and skills to Malta. They are willing to invest and relocate to give themselves and their family members the chance to broaden their horizons to become a…
Microstates are smallest countries in the world with small land mass (less than 1000 km2) and small population (less than 500K). It is important to understand that overseas territories, and SARs are not considered as microstates. Microstates should not be confused with micronations, which are not recognized as sovereign states. Micronation citizenships that have no value. Microstates often rely on…
Many people do not not know Portugal actually offers a golden visa for bank deposits and also for government bonds. This is because SEF website only shows Capital transfer of an amount equal to or above 1 million Euros,and does not explicitly say bank deposit or govt bond option. As a matter of fact, it is actually possible to get…
Citizenship by investment (CBI) has become increasingly popular and has become $3 billion dollar annual industry.. Small countries have significantly benefited from revenues CBI schemes selling passports. Further billions of dollars have been raised through inflows of investments in real estate. But how transparent are these investor citizenship schemes running in more than 10 countries? Malta is the only country…
Jordan first established naturalization by investment in 1999 with its investment promotion legislation. The Jordan citizenship by investment (CBI) program was never a popular route for foreign investors, but in the last few years it has resurfaced as many high net-worth individuals (HNWI) from the Middle East are looking for security in another country and Jordan has been relatively stable…
Taxes are an important subject with citizenship by investment . It is important to understand taxes is not based on citizenship. In most countries, taxation is based on residence (183 days a year) and not based on citizenship. Tax laws in most countries are extremely complex and varies for dual citizens. We did a quick study on taxes that apply…
Covid and lockdowns has made impossible for us to travel and visit countries to acquire citizenship and passports. Covid has accelerated the popularity of citizenship by investment schemes (CBI) that require any sort of personal visits. Covid has opened up possibility of digital citizenships which can be obtained from your home. You don’t have to spend thousands of dollars taking…
The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog and policy making body, in which more than 200 countries and jurisdictions are members. FATF High-risk jurisdictions have significant strategic deficiencies in their regimes to counter money laundering, terrorist financing, and financing of proliferation. If a country is in FATF blacklist, international banks may refuse…
If you are interesting buying a second passport through citizenship by investment schemes, we have some important advice for you. As most of the countries have tightened immigration and border controls, it doesn’t makes sense buying a passport from a country and you dont know where the country on the map. Sometimes border authorities can ask this question to make…
