Category: Citizenship

The Citizenship by Investment (CBI) industry has quickly grown into $5 billion dollar industry, almost doubling in just the last three years. We at Best Citizenships (BC) designed a new ranking model for Citizenship by investment (CBI) programs based on Points Based Scoring (PBS) system to mathematically rank the best CBI program for clients. Our…

Foreign Account Tax Compliance Act (FATCA)  was enacted in 2010 by Congress and the law was signed by Obama. FATCA was passed to identify assets of persons with US connections and prevent tax evasion. The law identifies U.S. citizens, U.S. corporations and U.S. tax residents. FATCA requires foreign financial institutions (FFIs) and banks to report to…

Many clients have approached asking us which Citizenship by Investment (CBI) countries have personal income taxes (PIT). This is also a very common question. Today we will shed some light on the personal income taxes with citizenship by investment schemes. In short, we will try to address which CBI countries have zero personal income taxes,…

The Dominican Republic does not have a direct citizenship by investment program, but citizenship can be quickly acquired within one year by becoming a resident investor making $200,000 investment in real estate, bank deposit or in businesses. Dominican republic is one of the few countries in the world which can offer fastest citizenship through ordinary…

Taxes are necessary evil and cannot be avoided. In general most of the world countries that tax income generally use one of two systems: territorial or residence-based In the territorial system, only local income – income from a source inside the country – is taxed. In the residence-based system, residents of the country are taxed…

US despite renowned for strictest tax systems in the world, on the flip side is quietly becoming a world’s biggest tax haven. The United States is one of the few countries in the world, taxes the worldwide income of its nonresident citizens using the same tax rates as for residents. United States currently does not…

We have developed a CBI calculator that will compute the most accurate prices for comparing  the prices of Citizenship by investment (CBI/CIP) schemes in ONE place. It will give you easy comparison of prices for families and single persons and you will know which program is cheaper. As technology is improving every day, we made…

Comoros was the first country to launch a Citizenship by investment program in Africa. It was one of the cheapest citizenship by investment program ever existed in Africa. The Comoros Citizenship by Investment (CCBI) was first established in 2001 in accordance with the Union of Comoros Constitution. Legal Basis The legal basis for the Comoros…

The Place of Birth (POB) is probably one of the most important information contained in modern day passports. The Place of Birth (POB) field in passport data and Biometric data in chip stored are immutable does not change, even if a person change their identity or name. There cannot be different places of birth for…

Are Citizenship by investment programs (CIP) more popular than Golden visas ? We looked into the number of applications approved for year 2018 and the results are quite surprising. The CBI industry is growing at a must faster pace than we initially thought. The CBI industry grown from $2 billion to $5 billion in just…