Citizenship

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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Dual Citizenship is not allowed in India

Dual Citizenship is not allowed in India

People in India, very often confuse between holding dual citizenships with Overseas Citizens of India (OCI) introduced by the the Govt of India. The Indian constitution does not allow dual citizenship or simultaneously holding two passports of different countries. The Indian Citizenship Act, 1955, does not allow dual citizenship. Holding Indian passport/acquiring Indian passport/travelling on Indian passport after acquisition of foreign…

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CBI/RBI schemes in Europe attracted €9.2 billion investment

CBI/RBI schemes in Europe attracted €9.2 billion investment

‘Golden visas’ usually refer to specific ‘policies developed by countries seeking to attract wealthy people to become residents or citizens’.1 Different official terminologies exist to designate these types of policies: economic citizenship programmes (ECPs), immigrant investor programmes (IIPs). Golden visa schemes designed to attract foreign investment are found across the globe and in almost every country. Some of these schemes…

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