What is Citizenship by investment?

While residence permits are granted to investors and wealthy individuals in most countries, there are now only a few countries that have clear provisions in their laws for granting citizenship based on economic considerations and without residence requirements.

Citizenship by investment programs offer you the opportunity to legally acquire a new citizenship quickly and simply, without any disruptions to your life.

Promoters global has the expertise to offer you real options with a sound legal basis. There are only a limited number of countries that offer citizenship programs that provide a direct route to citizenship based on investment and that have passed Promoters global country due diligence and verification. Such countries include Dominica, Grenada, St. Kitts and Nevis and Turkey. Other countries offer a route to citizenship following a reasonable period of residence, such as the UK, Portugal and the USA.

For each of our clients, we evaluate the individual situation carefully, present the available options, develop a plan of action, and execute the strategy. Our extensive expertise and experience empower us to deal with government procedures, seamlessly and efficiently on your behalf.


Wealth management professionals

Individual private clients and families rely on us for our specialist knowledge in citizenship planning but also their trusted advisers globally. Our services include comparative citizenship law, the relinquishment of citizenship, and the acquisition of citizenship based on residence, ancestry, or citizenship by investment.

The specialized services of Promoters global are a resource and complement to other firms that advise international private clients. We regularly help law firms, private banks, family offices, and other wealth management professionals with the unique and specific details required for a citizenship planning portfolio for their clients.


Why gain an Additional Passport with Alternative Citizenship?

Due to political circumstances, citizens of many countries find it difficult to travel abroad and are confronted with visa restrictions each time they want to enter a foreign country. On the other hand, nationals whose passports usually allow them easy access to most countries may still need to obtain a visa to travel to some countries or find it impossible to obtain visas due to temporary travel restrictions during trade sanctions and other geopolitical disturbances.

They may also be significantly exposed to terrorist threats or other forms of hostility due to their nationality. Moreover, although you may well be granted the required visa, this is always a very tiresome procedure, during which the passport on which the visa is stamped is not available, and this can be a significant factor in delaying your travels.


The benefits of an alternative passport

In the event you cannot get or renew a passport in your home country due to political instability or civil war for example, having another passport can be extremely useful. Even if you simply lose your passport, it may take some time until you can get a replacement and having an alternative passport may be crucial.


Personal security

Citizenship and a passport, particularly from a small, peaceful country, can even save your life when traveling and in times of political unrest, civil war, terrorism, or other delicate situations. For the right reasons, many international business people from major countries and important persons who are active worldwide consider an alternative passport as the best life choice for peace of mind.


Investing in your future

As the world evolves and is unsettled, acquiring an alternative citizenship is a wise decision and an investment for the future. Your citizenship of choice is for life, your spouse and children can be included, and there is often no need to give up your present nationality while you enjoy the benefits of a legal second passport.

You should, however, check the laws of your current country (or countries) of citizenship to ensure that you are in a position to legally acquire an additional nationality.


Citizenship Planning Important Points

Citizenship is the relationship between an individual and a sovereign state, defined by the laws of that state and with corresponding duties and rights. It implies the status of freedom with accompanying responsibilities. Citizenship is the most privileged form of nationality, a broader term that is used in international law to denote all persons whom a state is entitled to protect.

Nationality also serves to denote the relationship between a state and entities other than individuals. Corporations, ships, and aircraft, for example, possess a nationality. Modern concepts of citizenship crystallized in the 18th century during the American and French revolutions, when the term ‘citizen’ came to suggest the possession of certain liberties in the face of the coercive powers of absolute monarchs.


Dual citizenship

Dual (or multiple) citizenship is the result of the interaction of the laws of two or more countries. People can become dual citizens automatically by birth within a certain territory, such as the USA, by descent from a citizen parent, by marriage, or after successfully applying for the citizenship of another country.

You can become a citizen of another country without losing your current citizenship only if the laws of the country of your current citizenship allow dual citizenship.


Important points to consider when choosing the right Citizenship/Residency

Other important points to consider when intending to become a citizen of choice include:

  • Geographic location of the chosen country
  • Countries official language
  • Political and economic stability
  • Legal system
  • Banking and business environment
  • Visa-free travel availability for passport holders of that country
  • Reputation of the country and the passport
  • Initial and future overall cost

Shape

Bespoke Services through our Dedicated Citizenship Consultant for our clients to provide Concise & Accurate Information and we Simplify The Application Process to ensure our clients make well-informed decisions.

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