The Rise of Citizenship by Investment

We live in a world where citizens no longer want to be labeled by the nation in which they live or were born, but rather want to choose where they may express sentiments of belonging, which is why citizenship by investment schemes have lately gained popularity. Citizenship by Investment (CBI) is a legal process that grants individuals and, in certain situations, their families secondary citizenship in exchange for financial investment in the host nation. Many Caribbean countries, like Saint Kitts and Nevis, St. Lucia, and Grenada, allow anyone who want to invest in their country to live, own property, and work there. Professional immigration attorneys in Dubai can help you get a second passport for yourself and your family.

Reasons For Seeking A Second Passport

A growing number of countries host Residence and Citizenship by Investment Programs, often known as golden visa programs, which provide a variety of tempting investment opportunities suited to each family’s individual circumstances. Affluent individuals require a plan B for themselves and their family in an unpredictable, ever-changing world, one that offers them with a safer place to live in times of calamity while also boosting their access to global business and lifestyle opportunities. Investing in different countries throughout the world delivers both short- and long-term benefits. The more your access, the more varied your investments and the lower your exposure to global volatility.

To choose the best program for you, evaluate all of the perks. The best citizenship by investing program helps you to save money while reaching your goals responsibly. Citizenship by investment is also popular among company owners trying to enter new markets. This is especially true for IT entrepreneurs who may need a second passport to maintain their business.

Citizenship By Investment Programs

1. Grenada

Grenada Citizenship by Investment was established in August 2013 when the Grenadian parliament enacted the Citizenship by Investment Act of 2013.

The following are the primary benefits of the Grenada Citizenship by Investment Program:

• Visa-free or visa-on-arrival travel to 144 countries, including China, Hong Kong, Singapore, the United Kingdom, and the Schengen Area of Europe.
• The only Caribbean citizenship by investment scheme with an E-2 Investor Visa Treaty with the United States, which allows citizens to apply for a non-immigrant visa.
• Citizenship can be passed on to new spouses and future generations.
• The possibility to add a spouse, children under the age of 30, unmarried siblings aged 18 and above, the primary applicant’s and spouse’s parents and grandparents
• Grenada has no limitations on dual citizenship.
• There is no minimum stay requirement.

2. Lucia

St. Lucia is a Commonwealth and CARICOM member with great air connectivity to Europe and North America.

The Advantages of the Citizenship by Investment Program in St. Lucia:

• A St. Lucian passport allows visa-free or visa-on-arrival travel to 146 countries, including the Schengen Area of Europe, Hong Kong, Singapore, the United Kingdom, and many others.
• There is no requirement for residency or visitation.
• Applicants may include a spouse, children under the age of 31, siblings under the age of 18, and parents aged 56 and above, as well as dependents once they have been given citizenship.
• The scheme offers low investment and processing fees.
• Lucia accepts dual citizenship.

3. Kitts & Nevis

St. Kitts and Nevis is a Caribbean location with two islands that offers beautiful beaches and lush sceneries. Its culture is eclectic, having influences from Africa, the United Kingdom, the Caribbean, and France. It is a desirable location for buying a second house in the Caribbean, with decent air connections to Europe and North America.

The Advantages of the Citizenship by Investment Program in St. Kitts and Nevis:

• A St. Kitts and Nevis passport permits visa-free or visa-on-arrival travel to 156 countries, including Hong Kong, Russia, Singapore, the United Kingdom, and the Schengen Area of Europe.
• Future generations can get citizenship by descent.
• Applicants may include a spouse, children under the age of 31, parents, grandparents aged 55 and up, and unmarried dependent siblings under the age of 31 with no children, as well as add dependents after being awarded citizenship.
• Kitts and Nevis is a Commonwealth member, which gives inhabitants to certain benefits in the United Kingdom and other Commonwealth nations.
• With decent flight connections to Europe and North America, St. Kitts and Nevis is an appealing location for purchasing a second house.
• The country allows dual citizenship.
• There is no need for a minimum stay.

4. Malta

Malta  has an outstanding reputation for its beautiful climate, friendly people, low crime rate, and high quality of life. Malta is an appealing destination to reside or purchase a second home, with great air connections.

Advantages of Maltese Citizenship:

• Visa-free or visa-on-arrival travel to 185 countries is available.
• Access to a respected financial center and a premier international business jurisdiction
• The toughest due diligence procedures and application verification in the world, insuring only highly reputable applicants
• A desirable spot to live or purchase a second home, ideally positioned with great air connections.

Along with the nations mentioned above, several more, such as Turkey and Portugal, provide dual citizenship. Our immigration lawyers in UAE are well-versed in the procedure durations as well as how to assess and build a profile to gain citizenship in the countries mentioned.

ACE is your one-stop destination for all of your business immigration and second passport needs. Ace Luxury Immigration Solutions is a Canadian immigration service with offices in Canada, Pakistan, and Dubai that specialises in the most in-demand immigration and citizenship by investment industries. Our Immigration Lawyers and specialists will provide you with personalised services depending on your particular immigration or speedy Second Citizenship requirements. We will assist you in organising your material so that your application is easily processed and granted because acquiring a second passport is a document-intensive procedure.