Natural disasters risks are the No.1 reason for the creation of citizenship by investment (CBI) industry. Natural disasters come in many forms earthquakes, hurricanes, volcanic eruptions, flooding etc. These events have only increased frequency over time against the backdrop of global climate change leaving small countries very vulnerable. Small states in the Caribbean and the Pacific are particularly vulnerable to natural…
Nigeria is booming market for second passports, as wealth is fast growing in the oil rich country. More and more nigerians are seeking alternative citizenships for education, travel freedom and promote business and trade outside Africa. US and Canada has been historically most popular immigration destinations for many wealthy destinations. These schemes have been plagued by slow processing and long…
Egypt has launched a brand new citizenship by investment program in an attempt to bring in significant foreign investments in the country. You can get Egyptian passport in the Land of Pharaohs and Pyramids in just 3 months, after Egypt announced recent amendments to the 1975 citizenship legislation approved by parliament. The recent amendments simplified the citizenship scheme reducing the time…
Crypto-currency investors can enjoy wide range of benefits from second passport acquired through citizenship by investment (CBI) schemes. Second passports from tax free countries only costs about 15 bitcoins for crypto investors, assuming the BTC price is $7000. This is quite cheap when looking at the passport benefits. Remember CBI schemes offer direct passports while RBI/GV schemes offer residence permits.…
Greece invites wealthy investors to shift their tax residence to Greece to benefits from Tax reliefs. The Non-Domiciled scheme was introduced making Greece one of a kind tax haven for millionaires who want to immigrate to Europe. This scheme is similar to non-domiciled tax regime introduced by Italy and Portugal. HNW investors, will need to and pay ONLY a flat…
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 model is one of a…
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 on their worldwide (local and…
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 automatically exchange information with more…
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 this online calculator, so that…
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 for one person. It does…
