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These countries do not allow renouncing citizenship

These countries do not allow renouncing citizenship

Citizenship renunciation is the voluntary act of relinquishing one’s citizenship or nationality. It is the opposite of naturalization–whereby a person voluntarily acquires a citizenship, and is distinct from denaturalization – where the loss of citizenship is forced by a state. Renunciation of citizenship is particularly relevant in cases of dual or multiple citizenship, depending on the the country laws on citizenship,…

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Dual Citizenship Countries

Dual Citizenship Countries

Each country has its own citizenship laws and there are many ways to apply for citizenship 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. Double/Dual citizenships has been in much of the debate over the years. Much of the developed countries such…

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Brazil launches property investor visa for foreigners

Brazil launches property investor visa for foreigners

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…

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Antigua Residence by Investment

Antigua Residence by Investment

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,…

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