Citizenship by investment programmes may not require physical residency and can grant citizenship within 2 to 6 months. Residency by investment programmes grant residency within 3 months but not citizenship. To obtain citizenship through residency programmes, applicants must comply with legal requirements, such as residing in the country for a certain time and paying taxes. However, not all residency programmes lead to citizenship, as it's at the discretion of the government.
The minimum investment for a second citizenship by a single applicant is USD 100,000 which is the cost associated for for St. Lucia and the Commonwealth of Dominica's CBI programmes. Please contact us for an exact price breakdown.
Passport Legacy's CBI programmes require payment in three installments. The first payment is 5%, the second payment is 25%, and the final payment, which amounts to 70% of the total cost, is due after receiving Approval in Principle.
To start the process, applicants need to provide us with KYC (know your customer) documents such as a passport copy, birth and marriage certificates, police certificates, bank reference, and health clearance. Some documents may require translation or legalisation, but our client advisors will guide you through the process.
Acquiring a second citizenship by investment in any country does not usually require renouncing one's original nationality under the citizenship law of the country where citizenship was obtained through investment.
You can reach us by phone or email anytime. We currently have offices in the UAE (Dubai), Nigeria (Lagos and Abuja), Lebanon (Beirut), Singapore and Pakistan (Lahore). We are due to open a branch in Europe in the near future.
To apply for citizenship or residency through investment programmes in any country, applicants must meet specific requirements. These typically include being at least 18 years old, having a clean criminal record, proving a legal source of funds, and investing in one of the government-approved options. Our internal due diligence protocol, which has a 99.9% approval rate, will confirm your eligibility before the application process to ensure the best possible outcome.
Governments hire third-party due diligence agencies to verify applicants' backgrounds through official documents, media reports, and vetting by law enforcement agencies and Interpol. After completing all checks, the government decides on the application.
The acceptance rate for citizenship or residency by investment programmes can vary greatly, with some programmes having a rejection rate as high as 30%. To reduce the risk of rejection, we offer a complimentary pre-screening check using advanced systems to identify any potential issues before starting the process. Our expertise can provide crucial support to clients facing challenges during the due diligence process.
Dependents who are eligible for citizenship or residency by investment programmes vary by country. - Generally, a spouse and underage biological or adopted children are eligible. - Dependent children over 18 may be included if they meet certain criteria. - Some programmes also allow the main applicant's parents and grandparents to be included if they meet the requirements. - Certain exceptional programmes may also accept siblings of the main applicant and their spouse, within specific criteria.
Before rejecting a high-risk application, we carefully assess the case and all supporting documentation provided by the applicant. In addition, we pre-screen such applications with the government to ensure their potential success.
Almost every nationality has a solution to apply for citizenship, even if certain countries have banned specific nationalities from doing so. Residence programmes are generally more flexible as they grant the right to reside in the country, without necessarily granting citizenship.
Citizenship by Investment programmes typically does not require language proficiency. However, for Residence programmes, applicants who are on the path to citizenship may be required to take a language test depending on the country's requirements.
For citizenship by investment programmes, physical residency in the country is often not required to obtain citizenship. However, some programmes may require a short visit to be granted a passport. In contrast, residency programmes may require occasional visits to maintain residency. Additionally, some residency programmes may require a certain period of physical presence in the country to be eligible for citizenship.
Obtaining a second residency means obtaining residency in a country in addition to the applicant's primary or current residency. Many countries permit their citizens or residents to hold multiple residencies and enjoy the advantages that come with them.
Golden visas are typically residence by investment schemes that offer residency benefits to applicants who complete eligible investments (usually in real estate). Some of these schemes also provide a path to citizenship through naturalisation.
A residency permit allows legal residence in a host country without citizenship. Residents can usually live, work, attend school, and access healthcare. After meeting specific criteria, such as residing in the country for a set period and language proficiency, some countries may grant citizenship.
Countries that offer residency by investment include Spain, Greece and UAE.
Obtaining a second residence provides families to attain a high standard of living and access to coveted healthcare systems, education, universities, and job opportunities that may not be available in their home country.
Second citizenship, second passport, and dual nationality mean being a legal citizen of two or more countries simultaneously. Some countries prohibit their citizens from having a second citizenship, so it's crucial to check before applying for another one. All citizenship by investment programmes we promote permit dual citizenship.
Citizenship by investment schemes offer nationality, and consequently a passport, to investors who make a donation to the government or who buy qualified real estate. The concept of CBI was first born in St. Kitts and Nevis in 1984.
After an initial consultation, the applicant must pass our internal due diligence and compliance checks, to be pre-qualified. After clearance and retainer payment, our experts will then provide a detailed, personalise checklist for all required documentation.
Most citizenship programmes typically take 4 to 6 months, although the Vanuatu programme has the fastest processing time, averaging just 2 months.
Eligible family members can be included in one application, but there are usually extra fees associated with adding more members.
The cost of applying for a citizenship by investment programme depends on the country, the number and age of family members, and the chosen investment route (e.g., real estate, financial assets, or donation to a government fund). Generally, the most affordable programme starts at USD 100,000 for a single applicant and USD 150,000 for a family of four.
Holding a powerful second passport offers several advantages such as access to a safe and prosperous economy, global markets, world-class healthcare, and education opportunities. It also provides better access to business opportunities and offers greater freedom through visa-free and visa-on-arrival travel around the world.
Countries that offer citizenship by investment programmes include Antigua & Barbuda, Dominica, Grenada, St. Kitts and Nevis, St. Lucia, Turkey, Malta and Vanuatu.
The typical routes available to apply for citizenship by investment usually include making a financial contribution to a pre-approved government fund, investing in a government-approved real estate project, or investing in other financial assets such as government bonds, a local business, or creating a new start-up. Different countries offer different routes and these vary based on the laws and pre-established investment options available within each country.
The process of obtaining second citizenship varies depending on the programme and is typically facilitated by a government-authorised immigration investment company like Passport Legacy. We work closely with governments on numerous applications and regularly update our systems and protocols to meet their requirements.
For more information on the application procedure, you can book a free consultation to speak to one of our immigration investment experts.