Category: Citizenship by Investment

Citizenship and Residency by Investment Frequently Asked Questions

Citizenship and Residency by Investment Frequently Asked Questions

We’ve compiled these frequently asked questions by our valued clients about citizenship and residency by investment requirements.

Residency by investment programs refer to acquiring a residence status or visa to your intended country destination. Aside from investing a required amount to the State, you’re also required to live in your host country at a specified amount of time. You can have access to the host country’s healthcare, education, and even pension system. However, you’re not allowed to avail other privileges such as voting in elections like that of its bonafide citizens. 

Citizenship by investment programs, on the other hand, refers to acquiring a citizenship, second nationality, or second passport status to your host country. This means you’re not only getting all the privileges a resident visa holder has, but you’re also treated like a bonafide citizen. You can participate in elections, obtain their passports and have the privilege to travel the world. For example, you can travel to over 138 countries visa-free if you have a Cyprus passport!

Currently, our company offers assistance for citizenship by investment programs in over six countries. Here at CRP World, we will guide you not only in the application process of obtaining citizenship. We also walk you through these different countries, highlight their features, and different requirements to determine the best citizenship or residency program suited for you. You can check out our citizenship by investment countries. Meanwhile, here are our residency by investment programs.

Of course, it is! All of these countries hosted by CRP World have government provisions and programs that grants citizenship in return for a lump sum of money through investment. Your invested amount will then be used to contribute to the State’s economy, business, real estate, culture, and other interests. These CIP programs give you the opportunity to acquire a new nationality or second passport legally. This is also the easier and shorter path to gain citizenship without creating a major disruption to your life.

Absolutely! CRP World is an authorized representative that has extensive knowledge base in citizenship and residency programs. Moreover, we have a diverse network of trusted partners to ensure you’ll have a smooth application process. We also ensure high-quality and best performance rate of approval to boost our clientele’ confidence in transacting with us.

CRP World takes pride in offering a reasonable cost range of professional service fees compared to our competitors. Our costs typically vary depending on the program and type of service you require. It also depends on which country you’re applying to. You can contact us for thorough discussions and inquiries so that we can give a personalized evaluation cost according to your needs.  

Each country has a different timeframe for the application process. But based on our experience, the typical time frame usually falls between 3-6 months. Meanwhile, the actual processing fee and time frame are usually determined by the respective host Government. There are also instances where the Government offers extra fees to expedite your application process. However, do note that paying the expedition fee does not guarantee nor increase your chances of approval. 

In Citizenship by Investment programs typically won’t require you to live in your host country either before, during, or after your application process. Some may require you to at least visit your host country for a specified number of days. 

Meanwhile, the residency by investment programs typically require you to live at least 6 months to acquire a resident visa. Some may even require you to live from 5-10 years to upgrade your residence visa to citizenship. In this case, you’ll also be eligible to obtain a second passport. It’s imperative that you check each country’s program to determine its specific requirements before applying.

Your children, spouse, parents, and other first-degree blood connections can also apply for citizenship. However, you need to check your host country’s age requirement to determine their dependent status. 

The most obvious reason to deny your application is if you’d omit crucial information or commit perjury on it. If not, you’ll also get denied if you’re involved in a serious crime like terrorism and money laundering while staying in your host country.

Your invested amount will only be refunded once the Government approved your petition. Oftentimes, a government will require you to invest in real estate before you submit your application. In case of rejection, it will be refunded to your bank account. Meanwhile, the due diligence fees are not refundable. 

Have some other questions not entertained here? Please contact us so that we can attend to your queries.

Everything You Need to Know About Cyprus’ Citizenship by Investment

Planning to move to Europe and settle there? The European region offers vast potentials and opportunities to its citizens. That’s why most businessmen want to invest in this rich region. However, they seem to have a hard time invading the European market. For those who are struggling, we’ve got good news for you! Cyprus citizenship by investment program is now available! 

Cyprus’ Citizenship by Investment Program

 

Benefits of Obtaining Cyprus’ CIP Program 

The government of Cyprus assures you’ll receive the following stunning benefits for those investors who will avail citizenship by investment. 

Obtain Rights as an EU Citizen 

All Cypriot passport holders will obtain privilege like that of an EU Citizen. They will have the right to study, work, reside, and travel to any country that’s part of the European Union without limits! This means you can travel to any part of the region, whether it’s for business or leisure purposes. 

Freedom of Movement 

Not only do you get to travel freely to 28 EU countries, but you’ll also have access to travel in over 166 countries worldwide too. Aside from that, you’re also free to move your goods and services across these countries without the hassle of obtaining a visa. 

Citizenship for the Whole Family 

The Cyprus government also ensures you won’t only reap these awesome benefits, but it will also be extended to your family too! The moment you obtain citizenship by investment, your spouse, children, and dependents automatically get eligible. It is said that your citizenship can also be passed down automatically to succeeding generations too.    

Attractive Tax Scheme 

One of the main reasons why investors want Cyprus is that it has one of the lowest tax schemes in the EU. Cyprus citizens enjoy lower corporate taxes, immovable property tax, and zero inheritance tax. If you want to avail of these perks, make sure to apply for Cyprus citizenship by investment program right now. 

Return of Investment 

Three years after obtaining your citizenship, you can sell your properties and earn income or returns out of it. Just make sure you’ll retain 500,000 Euros worth of investment as your personal properties. Nevertheless, there’s a guarantee that you’ll get your returns in no time; money or privilege-wise. 

High Standard of Living 

There are tons of reasons why investors avail citizenship by investment and stay in Cyprus for good. Aside from its perks being in a member of EU, it has a favorable climate all-year-round. It makes it easier for you to adapt to Europe’s weather and climate without enduring the winter’s biting chill or scorching heat of summer. You and your family will also have access to high-quality education and healthcare.   

Guidelines in Obtaining Citizenship by Investment

  • Here are the general things you should know when applying for Cyprus CIP. 
  • The applicant must invest a minimum of 2 million Euros to become eligible. 
  • The entire application process usually takes 6 months or more. 
  • No need to actually live in Cyprus before, during, or after the application process. 
  • No language requirements either. 
  • You need to keep your investments for at least five years before you can sell your properties. However, you need to keep at least 500,000 Euros worth of personal residence property in Cyprus.
  • You’re also required to donate at least 150,000 Euros aside from your principal investment. 
  • The good news is that your family can also obtain citizenship. You can also apply for your parents’ citizenship. Cyprus allows dual citizenship. 
  • No tax consequences for applicants who obtain Cyprus citizenship.

Conclusion 

Want to have a smooth application process to obtain Cyprus citizenship by investment? We got you covered! Our professional team is always ready to help you right now!

Antigua and Barbuda: Prime Destination for Citizenship by Investment

Do you have plans to move and settle in the Caribbean? Its tropical climate, luscious greenery forest, and beautiful white beaches serve as great factors for immigration. But more than the vibrant and relaxing lifestyle you’ll experience, most investors choose this region due to their economic potential. It also offers easy access to gain residency and citizenship by investment visas to businessmen. 

Antigua and Barbuda, in particular, offers an easier way to get avail citizenship by investment to foreign investors. This efficient program proves to be successful as it drove thousands of applications! Moreover,  the country recently issued astounding 4,157-second passports to foreign investors! How did this happen? Let’s read and find out. 

Citizenship by Investment Data 

According to Antigua and Barbuda Citizenship by Investment Unit’s annual report, they just issued a total of 4,157 passports as of 2019. The unit also expects to break all previous records they had in their immigration history. Furthermore, the government reveals they’re hopeful the increasing trend will continue this year 2020. 

The unit reveals they receive an average of 40 applications per month. 

Since mid-2019, the Antigua Citizenship by Investment unit received a total of 2,188 applications from foreign investors all over the world; with 241 applications from January-June 2019. Under the investment scheme, the unit was able to grant 4,157 passports to different nationalities. Most applicants also chose the NDF Donation option in their applications.  

The Citizenship by Investment Breakdown 

Out of 2,188 applications, the Antigua Citizenship by Investment reveals 78.5% of applicants were granted under the NDF category. Meanwhile, 12% of the investors chose to apply for citizenship by investing through real estate. Only 9% of investors applied for business.  

Average Passport Granted Data Per Year 

Based on last year’s magnificent results, the Antigua Citizenship by Investment is positive they’ll double their numbers this year. The unit reveals the year 2019 was the year they yielded one of the highest numbers of applications and approved visas and passports. Since its launch in 2014, the country only granted 252 passports in the same year. 

The year after, it increased up to 655. Antigua got its (former) highest spike in 2016 with 1016 passports granted. However, it plummeted to 697 in 2017. The year after, it lowered to 644. Finally, it rose to 893 in 2019. All in all, Antigua and Barbuda granted a total of 4,157 passports so far.  

Top Countries to Avail Antigua’s Citizenship by Investment Scheme 

Like Australia (link to Australian article), Antigua and Barbuda’s top investors also came from China with 792 applicants. They constitute 36% of the applicants. Russia comes in next with 142 (6.5%). The Third in line is surprisingly Syria with 122 (5.5%) applicants. Landing on the fourth spot is Bangladesh with 106 investors granted with passports.  

On the fifth spot is Lebanon with 96 applicants. Landing on the last five spots for the top ten countries include Libya with 84 investors granted passports. Next is Nigeria with 60. Pakistan with 61 granted passports. The United States with only 51. Lastly, the United Kingdom with only 33.

Conclusion

There’s no doubt that Antigua and Barbuda offer lax policies and vast potentials for both local and foreign investors. That’s why we think it’s one of the perfect places if you want to start invading the Caribbean market. Want to know how to apply for Antigua and Barbuda Citizenship by investment and get your dream passport? We can assist you with that!

Check Out the Best European Countries to Obtain Citizenship!

There’s no doubt that all of us dream of living and acquiring citizenship in Europe. Its landlocked continent makes it easier for us to hop and visit from one country to another. Hence, the European Union offers a Schenegen visa for foreigners. Aside from that, Europe offers a high-standard of education, healthcare, and lifestyle. 

Its stable economy also attracts huge business potentials too. How can we obtain citizenship in a European country? What are the best European countries to apply for citizenship by investment? This study shows the best EU places to obtain citizenship. 

The Study 

According to International Citizenship Index (ICI), they’ve conducted a study to determine the best European countries which offer citizenship by investment. They based their study on a lot of factors like education, healthcare, freedom of movement, civil and political rights, equality, judiciary acts and ranked them. The ICI also reiterates the results states that most European countries in their top 10 list support equal marriage. It also offers top-notch political democracy, education, and healthcare. 

Best European Countries to Offer Citizenship 

Iceland 

One of the main reasons why investors invest is that it’s mainly an English-speaking country. This makes it easier for them to put up a business and communicate with the locals. Iceland also has a stable economy and high-purchasing power. Due to their strong economy, you might struggle a bit due to their high cost of living. However, it becomes beneficial for you in the long run. 

Cyprus 

Aside from Cyprus’ Golden visa that lets you obtain citizenship by investment, this European country’s pristine location and booming economy make it a popular business hub spot. It also has state of the art transport system, making it easier for you to travel across the country. Not only that, but living in Cyprus makes it easier for you to invade the European, Asian, and African markets. You can learn more about Cyprus’ citizenship by investment program here.

Sweden 

Known as one of the best countries in the world, it’s no wonder why investors want to have Swedish citizenship. Aside from being a member of the EU, it also has access to the Nordic market. As a Scandinavian country, Sweden is an ideal location to access Northern Europe’s highly innovative market and economy. It also provides one of the best healthcare, education, and lifestyle in the world. 

Denmark

Another Scandinavian country, Denmark has one of the best economies in the world. Denmark supports free trade, making it easier for businessmen to set up their companies here. You can also have access to large natural resources and its state of the art infrastructure. Aside from that, Denmark provides top-notch social welfare services and healthcare. You and your family will have access to a high standard of education and lifestyle here. Denmark also promotes equality for everyone. 

Netherlands 

Aside from the Netherlands’ strong economic ties, most investors want to obtain citizenship due to its high standard of living. Unlike any other country, the Netherlands seeks a balance between progress and conserving the environment. It now produces 3D Printed houses and promotes bikes as the main source of transportation. The government has a goal to cut carbon emissions by 95%. Moreover, Dutch stocks are one of the best performing stock markets in the world. 

Norway 

Another Scandinavian country, Norway enjoys a highly-stable and powerful economy in the world. It’s also rich in natural resources like oil, forests, gas, hydropower, and marine life. It also promotes ease of doing business to attract more foreign investments. Since it’s a member of the European Union, you’re also granted access to most countries all over the world thanks to its powerful passport.   

What is Citizenship by Investment and Why Avail Right Now?

While most people dream of obtaining a permanent residency visa, you can obtain more perks if you acquire new citizenship or second passport. You can gain more rights as an individual like that of a bonafide citizen. You can participate in the voting election. However, gaining citizenship is only done by birth, marriage, or naturalization. Is there any other way to obtain citizenship in a short time? Good thing there’s citizenship by investment programs! 

What is Citizenship by Investment? 

Citizenship by investment meaning obtains secondary citizenship and the passport of your host country through investment. It means you can skip the lengthy process of obtaining a residency visa, getting married, or becoming naturalized. This program is designed for businessmen and investors who are willing to put a hefty amount to contribute to their host country’s economy. 

Benefits of Availing a Second Citizenship 

Aside from gaining the freedom to study, work, and live in your host country, you’ll also secure these awesome perks in becoming a citizen and obtaining a second passport. 

Security 

Gaining a second passport, especially if you’re in the first-world country, can be life-saving especially if your home country is in crisis. Not only you’re able to live as a naturalized citizen, but you also get to bring your family too. Moreover, you can enjoy entering and visiting other countries without applying for a visa thanks to your second passport. 

Global Mobility 

Like we said above, it becomes easier for you as a businessman to travel overseas thanks to your second passport. You can now save more time by ditching the lengthy process of visa application as you visit another country. You’re saving more money in the process too. It becomes easier for you to travel and conduct business meetings in any part of the world. For example, you get to visit in over 164 countries if you have a Cyprus passport. 

Business and Tax Management 

You can expand your business’ operations overseas as you can come and freely go to any country you want. You can meet with potential investors and new customers for possible partnerships. Aside from that, most foreign nationals enjoy lower corporate taxes, allowing you to accumulate more wealth in the process. 

Family 

We all know most businessmen venture overseas for more economic and business opportunities. However, you don’t need to endure being separated from them anymore once you obtain citizenship. You can migrate your family in your host country and be with them. Aside from that, they’re also eligible to apply for citizenship. 

Education 

Most of all, you get the privilege to enroll your children in the best schools in the world. You’ll give them the liberty to get a high standard of education to become a better global citizen. As a parent, it is your responsibility to provide a better, brighter future for your offsprings.

Why Do Some Countries Offer Citizenship by Investment Program? 

Many countries offer citizenship by investment programs to attract investors into putting their money into the country. The funds accumulated then will be used by the government to invest in diversified projects like the economy, infrastructure, or socio-cultural projects.   

Countries Eligible for Citizenship by Investment Program

Some of the countries who offer citizenship by investment programs Antigua and Barbuda, Dominica, Cyprus. Grenada, Malta, St. Lucia. You can visit this page to learn the list of citizenship by investment countries. Don’t miss this one of a kind opportunity to obtain citizenship and get a second passport. Become a naturalized citizen now and enjoy reaping these awesome perks!  

Experts Recommend Best Citizenship by Investment Programs

While there’s certainly no place like home, we’ve also been dreaming of moving to another country. We dream of settling down and migrating to a beautiful place with our family and grow old there. However, we all know it’s difficult to obtain a resident visa, let alone, a citizenship status. Most of the time, you still need to wait for years to get granted. Is there an easy way to do this? Good thing citizenship by investment programs is here now! 

What is Citizenship by Investment? 

In an attempt to draw in more investors and immigrants, some countries took the initiative to ease their visa acquisition process. Dubai, for example, is giving out a Golden Visa card to attract more investors in engaging businesses in the Emirate. 

Check out the best citizenship by investment program and plan your next big move now!

It’s also the process of allowing businessmen, entrepreneurs, and investors to obtain second citizenship; after they make significant contributions and investments to the country. Here are the best places to obtain citizenship by investment programs this 2020. 

Cyprus 

If you’re aiming to obtain citizenship by investment in Cyprus, then we recommend you should invest in real estate. According to the country’s guidelines, you need to make at least spend an astounding 300,000 Euros on real estate properties. Not only that, but the properties you purchased or investment must also be new and should get approval from the government. 

Cyprus also allows you and your spouse to become the beneficial owners of the properties should the applicant desire to. Moreover, the time-in country requirement is only once every two years. After seven years of residency, you’re then eligible for naturalization. However, make sure to stay in the country for at least a year (full time) before applying for citizenship. Cyprus is pretty strict with this rule. However, you can then live in Cyprus indefinitely after obtaining citizenship. 

Greece 

If you want a cheaper alternative, then heed on to Greece. For only 250,000 Euros, you’re already eligible for the Golden Visa program. What’s more? You can enjoy buying their stunning properties at an affordable price because most places in Greece are under-valued. This is due to the fact that Greece is still recovering from its 10-year debt crisis. You can also combine your properties’ purchase price to breach the 250,000-euro mark. 

Unlike Cyprus, Greece does not entitle you to render time-in country requirements. This means you can invest a real estate property in Greece, apply for a residency. Then, you can move into the Schengen Zone and settle there. You can do all of this without ever visiting Greece! Although they may require you to visit the country at least once to process your residency paperwork and permits. 

Malta 

Meanwhile, Malta requires you at least make a 350,000-Euros property purchase to be eligible for residency and naturalization. Aside from that, they also require you to invest at least 150,000-euros in government bonds. If you’re into philanthropy, you need to donate at least 650,000 to the country’s National Development and Social Fund. If you have a spouse, you need to donate an additional 25,000. 

Aside from that, Malta also requires you to stay at least 6 months in the country while applying for naturalization. In less than 2 years, you can obtain citizenship by investment thanks to their fast track program. If you can’t afford it, then you can qualify for a 320,000-euros real estate purchase. Or, 270,000-euros if you purchase a property in Gozo island. You also need to invest 250,000 euros for Maltese government bonds and donations for only 30,000 euros.

You might wonder why investors still bother to move to Malta? Well, because the investment is worth it in the long-run. Most foreign investors enjoy the lowest 15% taxation. Aside from that, it’s easier to live here since one of its official languages is English. 

Latvia 

If you’re interested to obtain citizenship by investment in Latvia, then you need to purchase at least 250,000-euros of properties. Aside from that, you also need to pay a 5% application fee based on your real-estate price. The advantage though is that you only have to visit Latvia once a year to keep your residency status. If you want to obtain a second passport, though, you need to live in the country for a year before applying for naturalization.  It means you need to stay for at least 10 years before you obtain citizenship.

Visit our website to know more about different citizenship by investment programs by country

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