CITIZENSHIP BY INVESTMENT
Citizenship by Investment (CBI) also known as “second passport by investment” is the process by which a foreigner obtains citizenship in another country through financial means. Qualifying candidates can achieve a second citizenship and therefore dual nationality by financially investing in a participating country’s second citizenship program.
There are two main avenues to second citizenship—investors can either make a monetary donation or purchase pre-approved real estate through a CBI scheme. As of 2022, economic citizenship in Europe and economic citizenship in the Caribbean is available via various national second passport programs offered by a variety of countries (see below for a list of relevant participants). The cost of economic citizenship varies across programs, as do the terms and conditions relating to the investment (how long the investment must be held in order to retain citizenship, for example), and application processing time (the average time to citizenship is several months). A second passport by investment is only available to qualifying applicants: those who meet the various financial and personal requirements. Applicants must go through due diligence and pass a background check; a rigorous process meant to guarantee a safe and secure outcome for all parties involved.
The benefits of citizenship by investment passports are explored below. Highlights include visa-free travel to Europe and the world, reduced tax responsibilities, minimal residency requirements, and the ability to retain dual citizenship. Through second citizenship by investment, applicants can achieve citizenship for themselves as well as any qualifying family members who they successfully include on their application for dual nationality.
INTRODUCTION
While specific requirements vary, applicants for second citizenship by investment must prove that they can financially afford all costs associated with their program. In addition, they must undergo a complete background check (conducted to screen for security threats and criminality), submit a health examination, and provide other personal information.
We are with them every step of their CBI/RBI journey, providing timely, individualized attention and essential insight critical to assembling a complete and successful application.
Established in 2019, Second Passport is an authorized agency that specializes in providing legal second citizenship by investment and golden visa programs. We focus on various European countries, including those in the Schengen area, as well as various Caribbean islands.
