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Frequently Asked Questions

Specifics of international private law.
Passport Legacy > Frequently Asked Questions

Do you need help in deciding which program suits you best?

WHAT IS CITIZENSHIP-BY-INVESTMENT?

Citizenship-by-Investment (“CBI”) schemes offers instant passport to foreigners to make a a lump sum donation to the state or through buying a qualified real estate. The concept of CBI was first born in St Kitts and Nevis in 1984.

WHICH IS THE PROGRAM THAT GETS ME INTO MOST COUNTRIES?

St Kitts and Nevis as well as Antigua & Barbuda are the two programs offering the most powerful passports for mobility and maximum travel freedom. These passports have visa free travel to over 150+ countries and territories. However, the country of Grenada offers the only passport with a visa waiver for e.g. China and Russia together.

HOW DO WE START THE PROCESS OF A NEW CITIZENSHIP-BY-INVESTMENT?

The application process is often quite simple but comprehensive. Just pay an initial retainer deposit to us as a qualified Agent and we will file the application to the countries Citizenship-by-Investment unit (“CIU”). Upon approval one has to to pay the contribution (or finalizes the real-estate purchase) according to the CIU requirements. As an experienced Agent we will be delighted to guide you through all steps.

IS THE FULL AMOUNT PAID UPFRONT OR FINANCED?

We do not assist clients with financing options. Only Government bonds can be financed, however, most CBI programs do not offer the bonds option.

HOW LONG DOES IT TAKE TO GET THE CITIZENSHIP?

Please allow 3-6 months usually to get your passport for a program outside the EU. Vanuatu is currently the fastest program in terms of processing times (average only 1,5 months).

HOW MUCH DOES IT COST TO APPLY FOR A PASSPORT?

The minimum cost for a single application to apply for (e.g. Dominica) a citizenship program starts at $109,500. There is an Agent fee in addition. Prices for Golden Residence Visas in the EU start from 250,000 EUR (real-estate!) plus fees. Please contact us for a quote.

WHAT IS A GOLDEN RESIDENCE VISA?

Golden visas are Residence-by-Investment (“RBI”) schemes that offer instant residency to real estate buyers. These schemes also provide a path to naturalize for citizenship after some years upon fulfilling all requirements. To get a residence often very minimal requirements apply only. Prices start from EUR 250,000 for Greece while other good solutions will be in the range of EUR 350,000 – EUR 900,000, plus fees.

WHICH ARE THE MOST POPULAR PROGRAMS FOR CBI AND RBI?

These are the most popular investor citizenship and residence schemes as of today:

GOLDEN RESIDENCE VISA (RBI)

  1. Greece (Schengen Zone)
  2. Portugal (Schengen Zone)
  3. Spain (Schengen Zone)
  4. United States (EB-5)
  5. United Kingdom (Tier1 Investor)
  6. Canada
  7. Cyprus
  8. Malta (Schengen Zone)

CITIZENSHIP-BY-INVESTMENT PROGRAMS (CIB)

  1. Vanuatu
  2. Grenada
  3. Dominica
  4. Turkey
  5. Antigua & Barbuda
  6. St Kitts and Nevis
  7. Cyprus (EU)
  8. Malta (EU)
WHAT DOCUMENTS ARE REQUIRED?

Applicants will have to provide us the initial set of documents for KYC (“Know Your Customer”) such as a current Passport(s) copy, Birth certificate, Marriage certificate, Police certificate(s), Bank references, Health clearance etc. Please note some documents require Apostille or Legalizations. We will guide and advise you through all steps.

ANY RESTRICTIONS ON WHO CAN APPLY?

RBI schemes often do not have any restrictions, open to all nationalities to apply. Some of the Citizenship-by-Investment schemes on the other hand do place some restrictions to nationals of Iran, North Korea, Sudan, Yemen, Somalia and also others, as well it is depending on where you live and/or the source of funds.

HOW DO I BOOK AN APPOINTMENT FOR PERSONAL MEETINGS?

Please contact us by phone or email anytime. We have offices in the UAE (Dubai), Nigeria and Pakistan and soon as well in Europe.

CAN FAMILY MEMBERS APPLY FOR CITIZENSHIP?

Yes, you can add qualifying family members in one application. There are additional costs for adding more family members.