Citizenship By Investment Programs Offer Global Independence
The power and freedom that a second passport can offer
In recent years, there has been a significant increase in the number of families from across the world investing in foreign citizenship. Politics, economic stability, crime and market conditions are generally the primary drivers for investors looking for the security and peace of mind of a second citizenship.
Families are looking for security and education opportunities for their children.
They want them to have the freedom to explore the world on the own terms.
For business men and women alike, a second passport also offers the added benefit of global travel freedom and access.
Malta's Individual Investor Program (MIIP) for citizenship was launched in 2012 and is one of the world's most exclusive and successful citizenship programs. The program offers investors and their families access to citizenship in Malta in just over 1 year. There are no requirements to live in Malta or learn a language and the process is relatively straight forward.
Malta offers access to one of the world's top 10 most powerful passports and allows visa free travel to over 160 countries.
The Grenadian citizenship program is currently one of the most popular with South African investors. The required investment starts at either USD 350 000 into real estate or a donation of USD 200 000. Grenada and the United States signed the E-2 treaty ‘Investor Visa’ which allows citizens of Grenada to operate a substantial business in the U.S. and reside therein.
A Grenadian passport offers visa free travel to over 136 countries including the Schengen countries, UK and is one of three countries to enjoy visa free travel to China.
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The UK Tier 1 investor program requires a minimum investment of GBP 2 million and the investor can choose one of three investment options. A minimum of 75% of the amount must be invested into the UK either through share or loan capital into active UK companies, or Government bonds. The remainder can be invested into assets such as real estate or deposited in a UK bank.
Investors are required to spend more than half of the time in the UK to qualify for permanent residency (PR). PR will remain in force as long as the holder does not spend more than 2 years consecutively outside the UK.
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Belgium offers entrepreneurs and business owners a potential route to acquire Belgian residency and ultimately citizenship. It requires prospective investors to invest in the country, either through establishing a local company or being seconded by a foreign company operating in Belgium. A significant portion of the investment includes the funds required to established the business as opposed to being invested into real estate or donated, as required by some of the other EU countries.
After 6 years it is possible to achieve citizenship. Spouse and dependent children can be included in the application.
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