The most FAQ about citizenship after investment

Citizenship after investment is often heard by some people through the media or social sites, which makes most of them wonder about its meaning.

First, citizenship after investment is one of the ways to obtain citizenship after investing in the donor country, which is considered one of the fastest and most convenient ways to obtain a second citizenship. Its other names are citizenship by investment, second citizenship, dual citizenship, and second passport.

In this article, we try to answer all the questions on people’s minds, whether the purpose of your reading this article is to obtain citizenship or simply for enjoyment and education, while confirming the facts and clarifying the false evidence surrounding them.

FAQ about citizenship after investment requirements

1.  Who are eligible to obtain citizenship after investment?

Anyone of any nationality can apply and obtain citizenship after investment. But there are some simple conditions that must be met to prevent criminals from obtaining citizenship:

◈ The applicant must not have any criminal record.

◈ The investor must have the ability to repay all investment amounts after his application is approved.

◈ He must not have been refused an entry visa from countries to which a holder of nationality of the program country can enter without a visa.

◈ Giving false information while applying.

◈ He must not be infected with any contagious disease.

2. What are procedures to obtain citizenship after investment?

Governments of countries offering citizenship after investment programs work with local or external agencies in order to verify the applicant and their family members. The sources required for investigation include official institutions, the media, and verification of companies and institutions owned by the applicant. In addition to relying on third-level sources from law enforcement and Interpol, the individuals’ success in passing the security test is then determined.

3. Is there a possibility to lose citizenship after investment?

Citizenship cannot be revoked or withdrawn after it has been accepted, even if governments and policies change. However, there are some circumstances, such as being accused or convicted of a serious crime or lying while providing information, that can lead to revocation of citizenship.

4. What are basic documents in citizenship after investment?

Essential documents include valid passports, birth certificates, marriage certificates, criminal status certificates, CVs, supporting bank statements, and medical examination reports.

5. What is the citizenship after investment tax implications?

The tax consequences for individuals depend on the country of their original citizenship and the country of their new citizenship. Caribbean countries offer favorable tax planning programs that support high net worth individuals by helping them reduce their tax burdens.

1. What are the advantages of real estate investment?

◈ The possibility of recovering investment costs after 5 years, because the investor then has the right to resell the property.

◈ It can be used as a second home.

◈ A good choice for family owners.

◈ An alternative survival option for citizens whose countries suffer from unstable security conditions.

◈ Recommended for tax and wealth planning.

2. What does citizenship after investment by donation mean?

Governments depend on money that comes from investors to contribute to the development of their economic systems, which is considered a non-refundable donation.

3. Can the investment used to obtain citizenship be recovered?

This depends on the type of investment you choose. For example, it is true that government contributions are less valuable than other methods, but they are not refundable. While you can resell the real estate and shares used to obtain citizenship after a period that varies from one program to another.

4. Is it possible to finance the citizenship investment?

Usually, investment is requested from the investor’s personal funds, with proof of the legitimacy of the source of funds used, through which you cannot fund the program directly. However, there are some countries where taking out a loan is allowed as long as it is not used as grantee.

5. Is there non-financial way in citizenship after investment?

Although non-financial approaches are rare, there are some alternative programs, such as job creation approaches, that represent a significant economic contribution to countries.

FAQ about adding family to citizenship after investment

1. Are the spouse and children eligible to get the citizenship?

Of course, in addition, some states accept the addition of parents, grandparents and siblings with the main applicant.

2. What happens after adding an individual later?

To do this, you need to add additional documents and fees. For example, you can add newborns or spouses after obtaining citizenship by investment.

FAQ about the steps to obtain citizenship after investment

1. Which is better: residency or citizenship after investment?

It is difficult to answer this question because each program suits a category of investors. But considering the three pivotal points below, we can consider citizenship after investment program better:

✓ The Citizenship after investment programs do not require language tests or residency in order to maintain citizenship, but residency by investment programs do require language tests and periodic residency in order to maintain it.

✓ The waiting period for citizenship is no more than 9 months, but residency programs require at least 5 years to apply for citizenship after that.

✓ The Citizenship after investment programs provide you with the possibility to travel to more than 140 countries without a visa, but in return, residency programs allow you to enter a maximum of about 25 countries without a visa.

2. What is the citizenship after investment apply steps?

✓ Choose an accredited office

✓ Evaluate goals

✓ Determine the most appropriate program

✓ Preparing documents

✓ Going through security due diligence

✓ Approval of the application and completion of the investment

✓ Obtaining citizenship and passport

3. What are factors of choosing citizenship after investment?

◈ Do you need an emergency second passport or can you wait a few years to get one?

◈ Do you want to move and reside in the country that offers the citizenship program, or do you want citizenship only in order to benefit from its advantages?

◈ What are the details of the family members and their ages?

◈ What is the purpose of applying for citizenship? To travel, to work, to improve taxes, a new environment, an alternative environment, to obtain citizenship for the family…etc.

Global Citizen Consultants, an accredited citizenship after investment office, can help you find and apply to the right program, as we are accredited and have extensive experience in second citizenship programs. Contact one of our consultants now.