This program largely remains unofficial. Vanuatu is extremely popular for its speed of processing, easy and simple application process. Create a new company with at least 10 permanent employees based in Portugal.. 5. The following list of countries that have official and legal citizen by investment programs. Georgia does not have official citizenship by investment program (CIP) but like Austria, Georgia has provisions in citizenship law to grant citizenship by exception to foreign citizens who has made an outstanding contribution to Georgia or in the national interests of the country. The Samoa passport has visa free travel to Russia, Canada, Schengen Area, United Kingdom etc, a total 131 world countries according to Henley passport index 2020. The entire process can be completed within 1.5 months. Turkey is the only CBI passport with visa waiver to Japan. As a result CBI programs that dont require a personal visit for passport have become extremely popular. How do i start the citizenship application process? Business investors can obtain temporary residence in Georgia by investing 115,000 USD. Below is the minimum processing times of the most popular programs, from the time you apply (submit file) to the issue of passport. Visa free travel is also one of the important deciding factors for many investors, especially they want to travel for business, holidays, visiting family and friends and pursuing overseas education for children. Bulgaria offers fast track citizenship strictly through residency. There is a total cap of 1500 investors. Grenada has small advantage compared to other caribbean passports for these reasons. What are the investment routes available to get citizenship? Jordan launched a citizenship by investment scheme in Feb 2018 and then the investment requirement further reduced in 2019. Cyprus passport is one the best travel documents highly respected in the world with visa free travel to 174 world countries in 2020. 2. These are the best citizenship by investment programs for 2021. cannot apply for CBI programs. Grenada passport issued under CBI program is valid for 5 years currently has visa free access to China, Russia, United Kingdom and EU schengen area. E-Payment platform launched cutting delays for payments. 20. There are no residency requirements, nor a visit required to get the Kittitian passport. (E2 is cheaper EB-5 alternative which is a non immigrant visa ), Govt application – EUR 100,000 per family application (Goes to Government Donation fund), Govt processing fee – EUR 15,000 for main applicant and EUR 10,000 per dependant, Additional costs – Due diligence fee and lawyer fee, Does not participate schengen area (like Cyprus). We do not charge any fee to clients. Joachim Stern (2011) coined the term jus pecuniae for acquisition of citizenship through financial contributions and to describe the bureaucratic fees for citizenship applications. If you are not interested in citizenship, we offer residency residency schemes. Original birth certificate is required during the issue of passport. As of 2020, Jordanian passport had visa free access to 51 countries and territories in the world. The Turkish CBI scheme is very popular with Arab investors and more than $1 billion already invested in Turkish real estate market through the citizenship scheme. The process is very simple and straightforward, you will be granted citizenship in less than 6 months. One main advantage of Vanuatu passport is it has visa free travel to Russia. This program has been largely unpopular for a number of reasons. Vanuatu is the fastest program for its speed and simple application process. Do not pay the full investment before your application is approved. These are the important differences you should be aware of when it comes to visa waiver perks.. 22. This prompted a recent proliferation of so-called citizenship-by-investment or economic citizenship programs, which allow high-net-worth people from developing or emerging economy countries to legitimately acquire passports that facilitate international travel in Europe and Schengen Area. Another important change made was parents can be included if they buy additional home for EUR 500,000 plus VAT. Opportunity to invest in international real estate markets. Our platform is free of charge. We will also compare the value of these passports using three different passport ranking indexes. Each program offers applicants the choice of investing in an approved real estate project, or by making a direct contribution to a National Development Fund. The substantial inflows of funds from these programs have helped boost employment and growth. Enacted by: Government of Georgia: Status: Current legislation Naturalization as a Georgian. Grenada’s CBI passport one of the best passports in the Caribbean. Launched in 2016, we assist HNW clients. Georgia has agriculture, mining as its main industries and imports oil and gas. Citizenship-by investment programs attract a number of high net worth individuals in developing nations, looking to add a second passport in their investment portfolio. Three citizenship schemes are suspended. Investment residence permit is issued to a foreign citizen who invested at least USD 300 000 equivalent in GEL in Georgia. Saint Lucia and Dominica are the cheapest for one person. The rest 90% you will ONLY pay after application is approved by Govt. Permanent residence can be obtained after living 6 years in Georgia. United States, United Kingdom, Canada, Australia, UAE etc.. United Kingdom, EU Schengen Area, Russia, Israel etc. No personal visit required. Initially permanent residence card is granted to the investors which is then converted to Samoan citizenship after 3 years. There is also a provision to invest EUR 5 million creating 60 jobs in developing new five star hotels and resorts. An unmarried sister or brother who is under 18 can also be included in your application. It is a limited time offer until end of 2020. Cyprus has made a number of changes to the citizenship scheme tightening the vetting process in 2020 after negative publicity in the media. Most popular investment routes are donation, real estate, government bonds (state debt), Please expect 2-3 months in general for the process to complete, if all documents are in order. Even though Georgia is not a member of the EU yet, Georgian passport lets you travel visa-free in the Schengen area. Christian Kalin, Chairman of Henley and Partners says, “A second citizenship is like an insurance policy of the 21st century”. How much it costs to get a passport through investments? There are no residence requirements and no visit to Grenada required to get the citizenship. You don’t pay if your file is not approved. Vanuatu has been a largely a tax free countries in the world (no income, no wealth or no inheritance tax and non-FATCA). Turkish passport has visa free access to a total of 111 world countries in 2020. It’s a way to obtain a second citizenship and passport in another country by investing in its economy. The St Lucian passport is valid for 10 years. Turkey launched a new citizenship by investment program under Official Gazette on January 12, 2017. 21. Residence-by-Investment in the USA. We work directly with Government authorized law firms and CIP approved property developers in 15 countries, without any brokers or middlemen, making the whole process cheaper, faster and easier for clients. The rest 90% of the investment you will pay only after government issues approval letter. EU schengen, Israel, Ukraine, UAE, Panama, Singapore etc. This scheme was replaced by Exceptional naturalization for direct investments which was launched in Nov 2020 with a limited quota of 400 investors naturalized annually for economic investments. What are the common reason for CBI refusals? Georgia Citizenship Program, Prices and Opportunities Vanuatu, St Kitts and Grenada are the best CBI programs. Top Citizenship By Investment Programs 2021, Citizenship by investment is a growing phenomenon, fastest citizenship by investment program, special citizenship by investment program, Exceptional naturalization for direct investments, official citizenship by investment program, Property based citizenship and residency programs. Financing option is also possible for bond or treasury securities investment. Bulgaria strictly requires to maintain EUR 1 million investment for atleast 5 years else citizenship will be stripped under the constitutional laws. Personal visits waived for passport programs. Georgia is an eurasian country connecting eastern europe and western asia. At the moment there 8 countries have actively running Citizenship by investment (CBI) schemes. An Act relating to Georgian citizenship . 13. Turkish citizens (passport holders) still need visas to travel to Schengen Area, Canada or United Kingdom. There are other investment options for citizenship such as bank deposit, Govt bonds, capital investment also available. The Government has waived additional processing fees. Many world countries have closed borders for tourism and travel. Even though Georgia doesn’t officially have citizenship by investment program it is possible to obtain their citizenship this way. This is a limited economic citizenship scheme to 2000 applicants. Which is the Best citizenship by investment program? These include ineligible country, failing background checks, visa denials, failing to prove source of origin of funds, sanctioned list, false information in application, wanted list, imprisonment etc. There is 60 day fast track application processing (accelerated) available with St Kitts and Nevis for an additional fee. Vanuatu has visa free access to 130 countries in the world, according to Henley visa index 2019. Does Georgia offer a route to residency and citizenship through an investor visa? Samoa has a citizenship by investment program in the Pacific and a commonwealth country. Securities at a value of $1 million instead of $1.5 million, from an active investment portfolio. 1. Citizens can travel to EU schengen area. Moldova opened new citizenship by investment program in Nov 2018. All applicants and their family members must undergo strict due diligence checks done by agents, governments and third party due diligence firms who will verify all background information including source of funds, criminal record and other checks. What affects Covid-19 had on investor citizenship schemes? Bulgarian passport is also very valuable since it offers full rights of establishment in EU member states and United Kingdom and also has visa free travel to Canada. Saint Lucia launched Covid-19 relief government bonds for USD 250,000 held for 5 years (50% discount limited offer until Dec 31, 2020). You have to visit the country to receive citizenship and there is a new 6 month residency requirement (hold residence card) before applying for Cypriot passport. It is the cheapest citizenship by investment program in eastern europe which requires EUR 100,000 one time contribution with processing time 3 months. St Kitts passport issued under CIP is valid for 10 years. They are very careful who they grant citizenship. Approvals are issued within 20-30 days compared to 2-3 months taken by Caribbean countries, Vanuatu operates two citizenship programs for investments. United Kingdom, Canada, EU schengen, Russia etc. The Agency operates under Ministry of Economiy and Sustainable Development of Georgia and has three major pillars: Enterprise Georgia – Business, Enterprise Georgia – Invest, and Enterprise Georgia – Export. Inflows to the public sector alone in St. Kitts and Nevis had grown to nearly 25 percent of GDP as of 2013”. Brunei, Seychelles, Singapore, Thailand etc. The application procedure is fast, as getting Georgian citizenship takes only about one month after the donation is made and the application is submitted. You become a full EU citizen by getting a citizenship in Cyprus. Grenadian passport has visa free access to 142 countries in 2020. The company holds the strongest credentials in the citizenship by investment industry, and it is officially authorized by different Governments to process their citizenship. According to IMF article “Offering citizenship in return for investment has been a “win-win” for some small Caribbean states. 6. Additional requirements might include having a bank account in the country with certain funds (not including donated funds) not exceeding 100 000 EUR. There is another quicker path if you pay EUR 750,000 to the agency, 3 years is reduced to one year. Antigua and Barbuda passport has visa free travel to 150 countries according to Henley passport index 2020. Antigua and Barbuda cheapest for families. Dominica also slashed family prices due to Covid-19 applying for citizenship by investment program. There are three types of fees you must be aware of: Govt donation (or real estate) plus due diligence fee plus law firm fee. Both programs have same investment requirements. No, no, no. The citizenship processing time is 2-3 months. These changes are. Once you are refused by one country, you could be automatically refused by all other CBI countries. Cambodia is probably the only Asian country that has a citizenship by investment program. 14. There are no residence requirements. Starting from summer 2017, Georgia will offer citizenship to investors. This is something we exclusively offer you! Can i get a refund if my application is not approved? Our platform is free of charge. The most popular programs currently available are the Citizenship by Investment Programs being offered by a number of British Commonwealth Caribbean countries. After first renewal the passport is valid for ten years. Applicants and family members who apply for CBI programs may be refused for several reasons. The prices also increased by EUR 200,000 (must donate to development of cyprus) in 2020 besides buying a permanent home for EUR 500,000 plus VAT. 17. In 2020, St Kitts passport has visa free access to 154 countries in the world, one of the best caribbean passports in the world.. St Lucia requires USD 100,000 (contribution) or USD 300,000 (real estate investment) to get citizenship. Georgia is a small country in the Caucasus located east of Turkey. Citizenship Shop is a shopping platform for citizenship and residence by investment schemes. In addition to visa checks, citizens are required to undergo 14 day quarantine and two covid negative tests. Malta has the official citizenship by investment program (Malta IIP) in Europe. Bulgaria offers full EU citizenship as Bulgaria is a member state of the EU. Only CBI passport which has visa free waiver with China, Russia. For a donation of 150 000 EUR, you can obtain Georgian citizenship. …. Only investing in Govt approved hotels or resorts will qualify for citizenship (not residential properties). 16. With your Georgian passport, you will be able to travel to all Schengen countries visa-free, even though Georgia is not yet a member of the European Union or the Schengen zone. It takes all in all 6 months to get the Cyprus passport after making the investment. 2. This is a one-time, non-refundable expense that grants you citizenship for life. No applications accepted for these schemes. Georgia Citizenship Program, Prices and Opportunities Unofficial Citizenship by Investment program. The President of Georgia may grant Georgian citizenship by way of exception to a citizen of another country who has made a contribution of exceptional merit to Georgia. St Kitts introduced the first citizenship by investment program in 1984, then Dominica joined in 1993 and it was only in 2014 many more countries joined the CIP club and the market for investment citizenship gained momentum giving rise to a $2 billion dollar industry. Montenegro launched a brand-new Citizenship By Investment program in November 2019, and the program is still active as of May 2020. Antigua and Barbuda recently lost their visa waiver agreement with Canada causing its passport to drop its value. There are no restrictions on dual citizenship. Only CBI passport which has visa free waiver with China, Russia. Where to get cheapest citizenship by investment? Please contact us for a private consultation and we can offer you free pricing quote.. The total fee proposed includes $50,000 (law firm and agent fee) and $80,000 one time contribution to Government. St Kitts and Nevis was the first country to offer this type of program in 1984. These countries are Antigua, Dominica, Grenada, Montenegro, St Kitts and Nevis, Saint Lucia, Vanuatu, Turkey. St Kitts passport is a very powerful passport in the Caribbean. These are the Best and worst citizenship by investment (CBI) passports for 2019, in terms of visa free travel, according to the latest passport rankings released by Henley and Partners. Turkish citizenship has been introduced to Article 20 of the Regulation. Note: We do not assist clients with Cambodia, Jordan, Samoa, Egypt etc. The contributions rise for families The minimum prices set by Government is all inclusive fee, officially published by the Vanuatu Citizenship Commission. Malta passport issued is valid for 10 years. St Kitts and Nevis requires USD 150,000 one time contribution or USD 200,000 real estate investment to qualify citizenship. You will also need a US immigration lawyer to prepare the filing. 7. St Lucia in 2017 amended their citizenship laws to decrease the investment amount $100,000 making it one of the competitive and attractive CIP’s in the Caribbean. Montenegro has not signed visa waiver with United Kingdom. These are Government rules, applies for all real estate and donation option. Which is the cheapest citizenship by investment? The newly launched citizenship-by-investment scheme is one of the fastest and most affordable programs for gaining European citizenship. The rest 90% you pay only AFTER your application is approved by Citizenship Investment Unit (CIU) of the Government. Portugal is extremely popular because it does not impose ‘live in the country’ requirement, with a path to EU citizenship. United Kingdom, EU Schengen, Russia, Turkey, Israel, South Korea etc. Invest in real estate with a minimum investment of 280.000€. La Vida Golden Visas facilitates the acquisition of residency, immigration and citizenship through investment. Citizens of Samoa also qualify for a Samoan passport. How much it costs to get citizenship buying real estate? Georgian Citizenship Act; Parliament of Georgia; Long title. Which CBI programs offer full citizenship rights? The limited time 50% discount will apply until Oct 2019. There are no residence requirements but there is a personal visit required to Vanuatu for receiving the passport. Turkey is the worst CBI passport for 2019, followed by Moldova and Montenegro in second and third positions. These checks take months to be completed. If you want to become a German citizen, plan to move there, pay taxes, and speak German. The processing time for passport is 2 months. In 2020, Bulgarian passport had visa free travel to 171 countries. Foreigners must invest EUR 250,000 in real estate (north of montenegro) and also donate to government EUR 100,000 in application fee. Moldova is not a EU member state and neither participates in Schengen area. Within the framework of the Georgian Citizenship Program, you become eligible for Georgian citizenship if you make a significant donation to the state treasury. Citizenship against US$200,000 Real Estate property investment. Malaysia, Hong Kong, Jordan, Indonesia etc.. South Africa, Egypt, Indonesia, Lebanon etc. Passport issued with 3-6 months. The United States of America remains one of the most desired destinations for migrants and investors from all over the world. Antigua and Barbuda requires USD 100,000 (contribution) or USD 200,000 (joint real estate investment) to become a Citizen under the CBI program. No applications will be received, In 2020, Moldova passport has visa free access to 120 countries in the world. Georgia has free trade regime, that has access to $1 billion market not subject to customs tax to CIS and EU countries (no customs duty on 90% import and export of goods). The CBI passport market has turned into a $5 billion industry annually. Citizenship can be applied through Turkish consulates anywhere in the world by purchasing real estate without visiting Turkey. Citizenship by Investment Immigration by Investment and Tax Residency Incorporate your Company International Bank Account Options Strategic Internationalization Credit card payments are collected by Incorporations Payments LLC with address at 26031 72nd Av NW, Suite O167, Stanwood, WA 98292 To revive economy, many caribbean countries slashed prices for families applying for CBI. Montenegro is also a low tax country. Besides your spouse, you can now include children up to the age of 30 as well as parents over 55 if they are fully supported by you. Foreign investors qualify for Turkish citizenship buying $250,000 worth of real estate in Turkey or $500,000 enterprise investment in Turkey or $500,000 worth of Government bonds or Bank deposit. Honorary citizenship contribution program (VCP). The Government in a decision taken by cabinet in Oct 2019 has permanently extended the limited time 50% discount offer for citizenship investors. The Grenada Government has not provided special offers under the CBI program for Covid-19. Economic citizenship is essentially the same thing as citizenship by investment. What is the validity of passports issued under CBI programs? Moldova passport has visa free travel to Turkey, EU schengen area and other countries. +44 207 060 1475. Antigua remains one of the cheapest CBI passport scheme out there for families. The scheme will run only for 3 years and will permanently close in 2022. All Applications can now be filed online cutting processing times. The comparison of passport power of the CBI countries with visa waivers is below. Significant Investments: Make $1.5 million investment in any location in the country, or $1 million if the project is registered in any Governorate other than Amman, provided such a project creates at least 20 job opportunities and remains operational for at least three years. All citizens are eligible to get an Investor Visa in Portugal Conditions to get an INVESTOR VISA. Moldova (since 2019), Cyprus (Nov 2020) . Visa free travel to EU schengen, UK, Ireland, Switzerland, Singapore etc. Long validity passports only benefit investors and also important deciding factor. The sum of the donation to be made is EUR 300,000, whether or not you are applying … The Samoa program remains largely unpopular and the Government reported in 2018 no applications were received for citizenship. Keep in mind that Antigua, St Kitts, Vanuatu do not offer these rights. Business incentives for investment. No residence requirements. On: August 8, 2019 The government will introduce a transaction tax next year, which initially expected revenues of over $ 300 billion, then refined to below $ 200 billion. Our digital business model makes it cheaper, faster and easier for clients applying for citizenship or residency. Samoa requires US$ 1,000,000 investment in Tourism, Real estate, Manufacturing or in a Government fund under the Citizenship Investment Act 2015 and its Regulations 2015. First you start the process with initial 10% of the total (DD fee + 50% lawyer fee). Several such programmes currently exist in Europe for real estate. Malta and Cyprus are the Best CBI passports for 2019. After this period, the minimum Govt bonds will be available only for USD 500,000. Foreign investors are required to invest EUR 1 million in Government bonds locked for five years. Georgia Residence by Investment. Citizenship Invest is one of the oldest companies and a global leader specialized in the fastest programs to legally obtain a second citizenship or residency. Invest in Georgia is an investment guide portal of the state Agency LEPL “Enterprise Georgia”. There are no residence requirements and no visit to Grenada required to get the citizenship. Today this is their biggest export product, costing you 50 000 dollars donation or 400 000 dollars investment in real estate. Request a free quote There are no residence requirements nor visit to the country required to become a ‘Dominica Citizen’. The country is not part of the European Union, but Georgians can travel to the EU for 90 days in a 180-day period. The processing time for passport is 2 months. Vanuatu has reduced passport processing time is fastest in 1.5 months. Anyone who has stayed in Georgia for a total period of ten years may apply for Georgian nationality. 1. Which CBI passport has the most visa free access? CIP now open for applications from 202o onwards. These restrictions vary depending on where you live and also which program and country they apply. There are no residence requirements when you apply for passport for the first time but when you renew your passport after expiry, you must have visited Antigua for 5 days in the previous 5 year period. 1. Please note prices increase for each family dependent. Which countries have Active citizenship by investment programs? Investors can naturalise for Georgian citizenship/passport after 5 years of living in Georgia. Create a new company with at least 10 permanent employees based in Portugal. Please explain the application and payment process to apply for citizenship schemes? United Kingdom, EU schengen, Russia, Israel etc.. United Kingdom, EU schengen, Russia, China, Cuba etc. It shouldn’t take much to understand that Germany – holding rights to one of the best passports in the world, and among the wealthiest countries in Europe – doesn’t need to sell its passport for any donation, let alone a paltry 350,000 that would peg it at half the value of Malta. You have to apply through a Govt authorized agent. Which CBI programs do not require personal visit? There are number of investment options available under citizenship-by-investment. The scheme was suspended after reaching 1800 applicants as a whole. Citizenship shop does not charge any fee to clients. The most important reason why these ‘citizen by investment’ programs gained so much popularity recently, citizenships are approved very fast within 2-3 months without any trip to the country and there are no residency requirements. this provision is prescribed in the Law of Georgia on Promotion and Guarantees of investment. St Lucia, Grenada, Malta, Turkey, Montenegro and other programs are complete citizenship programs offering all rights including the right to vote, holding public office and exercising political rights. There are no residence requirements and no visit to St Lucia required to get the St Lucian passport. There is also Covid-19 discount (upto $45,o00 offered by Govt) applies to families. You must keep these documents ready to start the application process online: Birth certificate, police certificate, medical health certificate, passport and ID cards. Let us take a look on the most popular programs as of 2020. It is important to understand Montenegro is a leading candidate for achieving EU membership on 2025 or later. Vanuatu has the fastest citizenship by investment program in the world and only CIP in the South Pacific offering a commonwealth passport. 4. Under the CBI program, Grenada requires USD 150,000 (contribution) or USD 350,000 (real estate investment ) to become a ‘Grenadian citizen’. These programs are also extremely popular. The Bulgarian citizenship is fast tracked within two years or in 18 months. (No other CBI country has this unique benefit), Grenada is the only country that has visa waiver agreement with China, Montenegro does not have visa waiver agreement with United Kingdom and Ireland, No Caribbean country has visa waiver agreement with Canada. 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