Citizenship

Why Indians should buy Golden visas not passports?

Why Indians should buy Golden visas not passports?

Wealth is growing fast in India. India is a big market for golden visa schemes with a large of rich indian millionaires looking to immigrate, in search of new opportunities.  India saw the third highest outflow of wealthy individuals last year. Nearly 5,000 millionaires  (2%) of the total number of HNWIs in India, according to Global Wealth Migration Review report. But,…

Can Dominica CBI citizens vote in elections?

Can Dominica CBI citizens vote in elections?

Dominica citizens who acquired their citizenship through citizenship by investment (CBI) scheme can vote in general elections. But there are conditions CBI citizens do not have automatic voting rights. CBI citizens who have not lived in dominica for atleast 1 year will not be able to vote. According to Electoral office of Dominica, the following are the conditions to be eligible…

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…

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…

Mauritius Citizenship by Investment

Mauritius Citizenship by Investment

Mauritius announced plans to open a citizenship by investment scheme against donating to Sovereign funds in Budget 2018 speech in an attempt to opening up the country and economy to foreign investment. Citizenship by Investment Economic Development Board (EDB) will manage two citizenship schemes to attract High Net Worth individuals who satisfy defined criteria and after due diligence. Scheme 1:…

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…

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…

Vanuatu DSP Citizenship Program Amendments 2019

Vanuatu DSP Citizenship Program Amendments 2019

Vanuatu made significant changes to the DSP citizenship program in 2019. Here are the most important changes done to Vanuatu citizenship by investment program On 24th April 2019, the Citizenship (Development Support Program) Regulations Order NO.33 of 2019 came into effect and apart from its extended definition section and detailed procedures entailed, a new threshold of selling prices USD 130,000…

Greece Financially Independent Visa

Greece Financially Independent Visa

Greece offers  Financially Independent Visa (FIV) to third country nationals to who are economically independent or self employed. It is one of the cheapest alternative to Greek golden visa scheme, only a few foreigners know of, as it requires only minimum amount of money show in your bank account, instead of golden visa which have to buy a property for…

Malaysia Golden Visa scheme

Malaysia Golden Visa scheme

  Malaysia’s My Second Home (MM2H) is one of the most popular golden visa scheme in Asia. The scheme offers foreigners immediate long term 10 year residence status equivalent to permanent residence status in Malaysia for a low investment.  Malaysia is an important trade hub in south east asia attracts significant number of investors from China and other asian countries.…