Citizenship – Important Points
Citizenship can be defined as the relationship between an individual and a sovereign state determined by the laws of that state. Citizenship confers upon individuals certain rights and privileges while creating duties and responsibilities as well. Citizenship is the most privileged form of nationality. Citizenship unites different people under a common identity.
Passports and Citizenship
A passport is a personal identification and travel document for international use issued by a sovereign State or a United Nations (UN) organization. Generally, only passports issued on the basis of a person’s citizenship are of any interest and use.
Only through the acquisition of full citizenship can you legally acquire the right to a passport. Non-citizen passports and other passports issued to non-citizens are generally of limited use, with certain exceptions such as diplomatic passports issued to non-citizens, UN and refugee passports and certain travel documents issued by international organizations or individual States.
Citizenship by Investment
Citizenship by investment is the process of obtaining a second citizenship by investing in the economy of the host country. Citizenship by investment programs legally confer citizenship status faster than traditional immigration processes and do so without requiring investors to put their lives on hold.
While residence permits are granted to investors and wealthy individuals in most countries, very few countries have clear provisions in their laws granting citizenship for economic considerations and without residence requirements.
Citizenship by investment programs offer you the opportunity to legally acquire a new citizenship quickly and simply, without any disruptions to your life.
This largely depends on the Citizenship by Investment (CBI) program you choose. Some require a substantial initial investment, while other programs allow for a minimal initial investment. Please note that most CBI programs are created because of a country’s desire to raise capital by the sale of its citizenship. For some countries, CBI is a substantial part of their gross domestic income.
For example the CBI program of St Kitts and Nevis requires individuals to make high levels of investments in real estate in order for their citizenship application to be approved.
On the contrary, the CBI programs of countries such as Grenada are far more straightforward and require far less initial working capital.
We give you clear guidance regarding the amount of investment initially required, what it is for and where it will be paid.
What Countries offer Citizenship by Investment Programs?
Many countries offer citizenship by investment programs. The number of these programs is constantly on rise as more and more countries realize the economic advantages of opening their doors to immigrant investors.
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It is important to remember that not all countries allow their citizens to hold dual citizenship. Double check before starting the process with CitizenMatch.
What CitizenMatch can do for you?
Depending on the country you choose, acquiring a second citizenship is an expensive procedure, and requires a high-level of trust from both clients and the agent. At CitizenMatch, we strive to provide holistic solutions in line with the needs of the individuals and families who seek our assistance. Having extensive experience in residency and citizenship matters we have tailored a precise approach which looks beneath the surface when selecting options for individuals.
We offer comprehensive and precise guidance throughout the process because you deserve to make an informed decision. The information we provide enables you to compare the benefits, requirements, eligibility criteria and the key elements of the process.
Every citizenship program we work with is for life. Should a person provide false documentation or conceal his/her criminal record during the application, a second citizenship can be revoked. Therefore we implore our clients to be honest with us as we will always be honest in our assessment of a client’s chances of acquiring a second citizenship.
The materials contained in this page are provided for general information purposes only and are not intended to provide legal or other professional advice. Processing times and costs will vary depending on a number of factors. CitizenMatch is not responsible for any changes to the time and cost estimates; we can provide specific information on an individual basis. All rights reserved.
*Government Fees, Attorney Fees and Other Fees are not included in the investment amount and may vary depend on the program, family combination and other factors. For Advisory fees charged by CitizenMatch and exact quote based on your family combination, please contact us.