Investing is one of the options that people use to ensure themselves financial stability. Where and how you are going to invest depends on your knowledge, personal preferences, and the amount of money that is available for you. However, no one says that you need to invest in your own town or country. Have you ever planned to invest in a foreign country and try to support its economy that way?
If the answer to that question is yes, then you need to understand that things are more complex than you would want to. The laws are not the same in all parts of the world, and you will have to properly analyze them or simply find a professional who will guide you throughout the entire process. However, did you know that you can also get citizenship by an investment program? Well, this is something we will have to analyze a bit better and ensure that all the details are clear!
For Starters, What Is Citizenship by Investment?
We believe the phrase itself tells the full story. You will manage to get citizenship if you invest in a particular country. No one says that you need to start a business there and support the local economy that way. Instead of that, you can, for instance, purchase real estate or any other security.
But, what if you do not speak the language of that country? Well, here comes something that most of you will probably like. If you get investment citizenship, then you do not have to speak the language of the country where you plan to resist.
Yet, the procedure is not the same for every country in the world. There are two differences that you need to be aware of. First of all, you need to know the timeline of getting investment citizenship. The entire procedure can last up to two months in some places while in some countries you will need to wait for more than a year to get it!
Another difference is probably more important to all the investors that plan to get citizenship. You will need to know how much money you minimally need to invest for a particular period of time to reach your goal. Well, in this article, we decided to highlight all the countries that have low requirements in terms of investment citizenship costs. You would get surprised when you see some of the countries on the list. Let’s find them out together!
Antigua and Barbuda
Antiqua and Barbuda may not be one of the most famous countries in the world. But, we are pretty sure that most of you have heard about it. It is a place with a decent climate, beautiful beaches, amazing nightlife, etc. Besides, is there a person on this planet that would not like to live on a Caribbean island? You will ensure yourself the nice weather during the entire year.
But, how to get investment citizenship there? The minimal amount of money you will have to invest is 100 000 Dollars. You will need to invest that money in the period of between 3 and 6 months. If you manage to meet these two requirements, you will get the right to apply for citizenship.
Saint Lucia is another Caribbean country that a lot of people visit every single year. However, who says that you need to come there only as a tourist? Have you ever wanted to live there and enjoy the weather, beaches, cocktails, and other stuff specific to this place? Well, then we have some great news, getting citizenship by investment is a legit solution.
Just like in the previous case, you will need to invest at least 100 thousand dollars. When we talk about timeline, things are even better, The entire process can last for around 2 months. Indeed, it can go up to 6 months, but that rarely happens, and people usually get citizenship much quicker. Besides, if you truly know what you are doing, waiting for half of the year won’t be a big problem.
Some people would rather want to get citizenship in some of the European countries. Logically, there are multiple ways to do that, but getting citizenship by investment is also a popular method. Unfortunately, the investments are not going to be cheap in all cases. More precisely, they can be pretty high in some countries across the blue continent.
Yet, things are a bit different when we talk about non-Eu countries. Believe it or not, getting Montenegrian citizenship is possible if you minimally invest 350 000 dollars. The entire procedure lasts for around 6 months, but everything may be finished for 4.5 months. We strongly believe that most people would use the opportunity of this type.
Why Would Someone Get a Second Citizenship?
The reasons for that are probably obvious. First of all, people can get a passport that will allow them to enter a lot bigger number of countries. More precisely, there won’t be any requirements associated with VISA. Despite that, if you decide to invest in a foreign country, you can ensure citizenship for the entire family. All the family members are going to have the same benefits as you.
If you plan to expand your business, the opportunity to get citizenship will only motivate you to work harder. You will get access to a completely new market where you can easily sell your products and services.
But, What If Want to Hire Foreign Specialists?
Let’s focus only on those people that plan to start a business and get citizenship that way. What if you want to hire someone from a foreign country? Well, if you get citizenship in the EU or any other union, you can easily hire someone that lives in the country that participates in the union. There are also some special agreements that countries sign, and we strongly suggest you research them properly.
Yet, something that we need to highlight here is the situation in the UK. UK is no longer a member of the EU. Because of that, the rules that counted before are no longer valid. But, that doesn’t mean you can’t employ a foreign specialist. All you have to do is to get the sponsorship license. For more information, check https://imperiallegal.com/sponsorship-licence/