Global restrictions on immigration are increasing rapidly, in response to those countries with existing Citizenship By Investment (CBI) programs are now changing the criteria to make it more attainable. Due to the economic impact and positive effect citizenship by investment programs have on both the hosting nation and the applicant.
Moldova and Montenegro, for example, are two European countries that have joined in 2018. They are now included on the list of countries offering this type of investment opportunity, like Cyprus, Portugal, and Malta. With the US rapidly tightening its immigration policies, more people are now expected to choose to apply to Europe and other countries.
There are many requirements to qualify for these programs and they differ from one country to the next. However, all applicants undergo an extensive background check and must come out spotless to even be advised to apply. Applying for a CBI program needs to be done with extreme caution and professional help since once an individual is denied by one country, it is very unlikely they will be accepted by any other country.
If you are considering applying for a program, you will be facing a few different choices of investments ranging from real estate investments on government-approved projects to donating to an emergency relief fund. The good news is that some countries are reducing the financial criteria so that they can attract more investors.
Both, the country and the applicant, benefit from these citizenship by investment programs. Countries can use outside investments to enhance their economy and applicants can have the chance to travel visa-free to many countries and depending on where they are from- ensure the safety and well-being of their families.
The flexibility of the programs is what makes them very attractive since you can choose to live there or not, most don’t have language requirements. This is particularly beneficial to entrepreneurs who want to expand their markets and also have the opportunity to travel freely.
Contact us and meet with a consultant today to discuss your options for second citizenship by Investment
www.citizenshipbay.com | +971 4 430 8028 | [email protected].