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Citizenship through investment provides the wealthy with benefits such as: tax efficiency, ease of travel and create wider investment opportunities.
In light of the circumstances the world is going through, from the Ukrainian-Russian war to rising inflation and interest rates, today CEOs and high-net-worth individuals are looking for citizenship through investment.
Citizenship programs were previously seen as damaging to an investor’s reputation, but after recent background checks, these programs have begun to enhance fortunes credibility and the personal background of these investors.
Obtaining citizenship through investment was not limited to the rich in countries with weak passports, but included all countries of the world. The wealthy people of China, Russia, and the Middle East are looking for a Caribbean passport, the rich people of America are looking for a Maltese passport, the British are looking for an Irish passport, and the Gulf countries are looking for golden visa programs.
Although there are many holders of weak passports who strive to obtain strong American, Chinese, and Russian passports, for example, the wealthy in such countries have a different opinion and try hard to obtain passports through investment from Caribbean and European countries. You can imagine, dear reader, what benefit these nationalities are for people of weak and medium nationalities if their effect on people of strong nationalities is to this extent.
We asked some wealthy people and businessmen about their opinions on second citizenship. They assured us that their country still has a strong passport and they are still committed to staying in their countries, but they need citizenship through investment to hedge against future fluctuations. They wondered why I wouldn’t invest in second citizenship and residency when I have the ability to diversify into other countries.
For the wealthy, citizenship through investment is considered a safety compass and an alternative plan, as an investment of $200,000 may be considered large for most of us, but for the wealthy it is considered a way to diversify their investment portfolio. Instead of buying an apartment in a particular country, they can invest in real estate and thus benefit from residency or citizenship at the same time.
Benefits of citizenship through investment for wealthy elite
~ GCC
◈ Citizenship through investment offers the opportunity to achieve huge financial savings, as some countries that offer citizenship by investment programs, especially Caribbean countries, provide low-level taxes and banking secrecy for the rich individuals.
◈ These countries also help people who live in environments that suffer from currency fluctuations. Citizenship by investment programs provide them with a high level of security and stability from economically and financially stable countries.
◈ Citizenship by investment is a guarantee for the future of the investor’s children, as it provides them with the freedom to travel, study, and obtain high-level health care abroad.
◈ Ease of moving between 150 countries without a visa, doing business and exploiting investment opportunities in these countries with complete freedom and ease.
◈ Feeling comfortable and safe in a politically, security and economically stable country. You can retire to one of the beautiful Caribbean islands or use one of the countries that offer these programs as a backup plan.
Obtaining citizenship by investment from Europe or a North American country is the dream of many wealthy people, but long waiting periods and complex procedures make the solution out of reach. However, Caribbean countries offer citizenship by investment within 9 months with economic investments and without the need for residency.
Visa-free movement between countries, family security, business expansion opportunities, possibility of opening a business, benefiting from double taxation agreements, and wealth preservation are among the few benefits that citizenship through investment in Caribbean countries offers.
Citizenship through investment programs are a dual solution for the wealthy in economically distressed countries and the wealthy pursuing economic and social ambitions. In addition to being a haven for wealthy families fleeing war, political unrest, civil violence, economic setbacks, and natural disasters.
There is another trick that rich people use in order to maintain their personal security. They use these nationalities as a mask to protect themselves from the dangers of international terrorism, hostage-taking, and the chaos of collapsed states they visit for business purposes.
Logic says that investing in a specific project is better than investing in obtaining citizenship by investment, but the reality in the Middle East is different. The occurrence of any crisis on banks in the future may lead to people losing their deposits, as happened in some countries, where some believe that the movement of trade between countries may enable them to recover the amounts used to obtain second citizenship.
With refugee campaigns and boat trips for Middle Eastern citizens, the chances of obtaining residency and citizenship programs by investing for themselves are diminishing. It is true that in most countries suffering from conflict, the wealthy are safe from miserable situations, but their weak passport hinders their lives, and they aspire to get an alternative solution to this through these programs.
In addition to the possibility of entering China, Canada, Britain and all Schengen countries without a visa, the Caribbean countries enjoy good relations with the countries of the Middle East and the Gulf Cooperation Council, which makes them an attractive option for investors in this region.
As the saying goes, do not put all your eggs in one basket, and we advise you, as businessmen and rich people, to diversify your nationalities and investments. Contact us so we can share with you information about citizenship through investment programs that you cannot find such information on the Internet because we have years of experience in dealing with citizenship programs around the world and because we are an accredited office for obtaining Caribbean citizenship.
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