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Fastest Citizenship by Investment Program, 14 days processing time only!

Fastest Citizenship

Fastest Citizenship the Republic of Vanuatu is an archipelago republic in the South Pacific Ocean with 82 islands. Vanuatu holds a diverse range of cultural and art festivals, musical and athletic events, conferences, and corporate events each year. The local traditions are still strong and thriving today, and they can be seen and felt throughout the country. Bislama, French, and English are the most widely spoken languages in Vanuatu. However, it is believed that over 100 languages are spoken locally.

Vanuatu has significant diplomatic and economic links with several countries throughout the world, including Australia, New Zealand, and many of the European Union countries.

Vanuatu is a member of the Commonwealth states, World Bank, and the International Monetary Fund (IMF).

The Commonwealth of Nations, the World Bank, and the International Monetary Fund are all members of the country.

Vanuatu is what most people think of when they think of paradise. Peaceful, lively, and culturally varied, this tropical archipelago of islands in the South Pacific remains mostly unexplored. Vanuatu welcomes all visitors with stunning sandy beaches, rugged landscapes, and vibrant culture.

The Vanuatu citizenship program is an appealing option for investors seeking visa-free travel to the European Union, the United Kingdom, and a variety of other popular locations.

Investment options – Vanuatu Citizenship by Investment

Vanuatu currently has two citizenship programs: The Development and Support Program (VDSP) and the Vanuatu Contribution Program (VCP), both of which provide fast-track citizenship in exchange for a USD 130,000 investment. The amount of the contribution is determined by the number of family members included in the citizenship by investment application.

Vanuatu Contribution Program (VCP)

Both citizenship programs are aimed at various demographics. The Vanuatu Contribution Program is created particularly for people from the Far East, such as China, Taiwan, Macau, and Hong Kong. The program has been distributed through a network of agents in mainland China.

Until 2019, the Vanuatu Contribution Program was significantly more expensive than the Vanuatu Development Support Program, despite the fact that both programs provided the same privileges to citizenship candidates.

The Vanuatu Contribution Program cost was decreased to about the same level as the Vanuatu Development Support Program in April 2019.

Vanuatu Development Support Program (VDSP)

The Vanuatu Development Support Program is designed for the residents of Europe, the USA, and Africa.

Vanuatu’s Development Support Programme (DSP) was first presented in early 2016, and the Government of Vanuatu formally accepted it in April 2017. The program’s goal is to create local jobs, promote the economy, and maintain a balanced national budget.

Vanuatu has passed and enacted all necessary legislation and regulations to facilitate and attract foreign investors, even going so far as to amend its Constitution to recognize dual and multiple citizenships, which was not recognized until the Constitution was amended by a two-thirds majority of the Parliament in December 2012.

Most citizenship programs demand more time for due diligence and additional documents. Online applications are simplified and advanced, resulting in reduced processing times of 45 days or less. As a result, the Vanuatu Development Support Program is one of the most convenient choices for investors seeking second citizenship and a new passport. Processing can take up to a month, and citizenship can be given after that provided the applicant meets the conditions.

Vanuatu nationals are typically eligible for 5-year US visas and are allowed for visa-free travel to Europe and the United Kingdom.

On the occasion of Vanuatu’s 39th independence celebrations in 2019, the government unveiled a new passport cover design, expanding the passport validity from 5 to 10 years, making Citizenship by Investment (CBI) investments more appealing.

Benefits of Investing in Vanuatu Citizenship

  • A Vanuatu passport allows visa-free travel to over 129 countries across the world, including Schengen countries, the United Kingdom, Singapore, and Hong Kong. When visiting the Commonwealth nations such as Australia, Canada, and New Zealand, Vanuatuan’s benefit from expedited processing. Vanuatuan passport holders are allowed to stay in a Schengen country for up to 90 days in any 180-day period and up to six months per year in the United Kingdom.
  • No income or capital gains tax
  • No minimum stay restrictions
  • No language exam
  • Peaceful, unspoiled environment
  • Close proximity to Australia and New Zealand
  • Spouse and two children under the age of 18 are included
  • Passport granted in 60 days or less

Documentation requirements for Vanuatu Citizenship by Investment

The following documents are necessary to apply for the Vanuatu citizenship program:

  • Completed citizenship application form
  • Current passport copy
  • Copy of identity card
  • Pass the Vanuatu due diligence check
  • Marriage certificate copy (if applicable)
  • Medical certificate to confirm good health
  • A detailed personal biography describing yourself and career experience
  • Colored passport photograph

European Citizenship

European Citizenship
European Citizenship

European Citizenship For many people seeking a second passport and residency, Western Europe is the ideal destination. The privileges, rights and legal security provided to residents of these countries make for a perfect living atmosphere. Nowhere in the world compares to the wealthy, strong, and influential nations of Europe in terms of education, work, leisure, or business.

There’s a reason why the EU is home to 512 million residents.

Citizens of the European Union (EU) have the freedom to travel freely across the 28 member states, have the right to live and work and have the ability to trade, move goods, services, and resources across the EU borders. With only one currency, the Euro, it is also simple to trade, do business, spend, or remit money. EU citizens have civil rights in their home country, including the ability to vote and run for office. All of this is achievable with only one European Union passport.

And without the benefits of birth or descent, it is possible for an expat to acquire European citizenship. Many EU member states already provide citizenship in exchange for investment.

The following countries are the best investment opportunities in terms of residence and citizenship in Europe today.

GREECE

Greece’s success has boosted the popularity of its picturesque countryside that has maintained its place as one of Europe’s most influential countries. More than 80% of the land area is engorged with mountains, peaks, and valleys, earning it the moniker “Cradle of Western Civilization.”

In addition to being an official member of the EU, the country is also a member of several international organizations, including NATO, the OCED, the World Trade Organisation, and the Organization for Security and Cooperation in Europe.

The Greek residency permit has many benefits, including visa-free travel within the Schengen region, free access to public healthcare. Only ex-pats who have lived in the country for 10 to 12 years are qualified for a Greek passport.

The Greece residency by investment program was established in 2013. Applicants can obtain Greek citizenship under this program by purchasing a real estate property worth EUR 250,000. The minimum contribution threshold in Greece is smaller than in most other European residency programs. Greece allows you to combine property purchases to meet the 250,000 Euro limit.

The Greece residency by investment program allows you to invest in real estate, can lead to citizenship, and travel visa-free across the Schengen Zone.

To acquire a Greek passport, you’ll need to focus on spending time in the country, even if it’s only to learn the language, a prerequisite for Naturalisation. It’s not necessary to be bilingual, just simply proficient.

MALTA

Officially known as the Republic of Malta, the island nation is part of a three-island archipelago in the Mediterranean Sea. Due to of its EU membership, the country has been an appealing choice for migrants over the years. The Citizenship for Exceptional Services by Direct Investment formed by the Maltese government is the easiest way to obtain a second passport from Malta.

Malta passport holders are free to hold dual passports and can travel to 182 countries, including both North American and European Union countries, without requiring a visa.

The Malta citizenship by investment program requires the resident to register for Naturalisation after 12 months of residence if they buy a home for 700,000 Euros or rent an apartment for at least 16,000 Euros p.a. for 5 years, spend at least 10,000 Euros as a philanthropic donation, and contribute 600,000 Euros to the National Development and Social Fund.

If an applicant is applying for citizenship with a partner, an additional donation of 50,000 Euros is required.

An applicant can also apply for the Malta residency by investment program through a real estate purchase of 320,000 Euros (270,000 euros if they invest on the Maltese island of Gozo) or lease an apartment for at least 10,000 Euros p.a. for 5 years, plus a 80,000 Euro investment in Maltese government bonds and a 30,000 Euro government donation.

PORTUGAL

Portugal is one of Europe’s oldest countries, with a rich historical and architectural heritage. Luminosity, radiance, and culture beam from this country’s whitewashed villages and green vineyards, which are situated on the blissfully elegant Atlantic Ocean.

Portugal has a vibrant and rich community, a Mediterranean climate, and a healthy and secure environment that is suitable for raising a family, doing business, or traveling. In Portugal’s safe and rapidly expanding industry, investors can find numerous opportunities.

In 2012, the Portuguese government launched the Portugal Golden Visa program. It is Europe’s most common residency by investment program because, after five years, it can lead to European citizenship.

An applicant can qualify for the Portugal Golden Visa program by donating to scientific research or Portuguese art and culture, by investing in or starting a business and creating jobs, or by making a real estate purchase.

If an applicant invests 350,000 Euros in a property older than 30 years or 500,000 Euros in a newer property, they will be qualified for Portugal citizenship. Property prices can be decreased by 20% if the applicant purchases in a low-population city to 280,000 Euros.

To retain a Portugal Golden Visa, a resident must spend 7 days in the country the first year and 14 days every two years after that, making the in-country time requirement manageable. A Portugal citizenship is a strong second citizenship option and EU passport path. The nation recently reduced the residency prerequisite before applying for Naturalisation from six to five years, making the program much more appealing to investors worldwide.

To become a Portuguese citizen, the applicant must first complete a history exam in Portuguese.

Dominica Announces The Launch of its New Biometric Passport

Dominica Announces

Dominica Announces, A passport isn’t just a necessity for a vacation; it’s also about a citizen’s freedom, their right to live and work in other places and of course, have a better lifestyle. A biometric passport or an e-passport is a regular passport booklet with an electronic microchip embedded in the document. It utilizes data to verify the citizen’s identity. This information-loaded chip is also meant for offering additional security against passport fraud. In fact, 150+ countries have already issued biometric passports, as of 2020.

Dominica Passports Program

The biometric passports will be issued to those individuals who will gain citizenship through this Caribbean Island nation’s citizenship by investment program. This investment program was established in 1993 to help the nation fortify its economy via direct investments in healthcare, education, agriculture, and infrastructure.

Second Citizenship Requirements

The program offers citizenship to foreign nationals who wish to make a colossal investment in the country. To qualify, you need to go through a strict due diligence process and contribute via one of the following channels:

· Make non-refundable contribution to the Government’s Economic Diversification Fund.

· Purchase real estate in a government approved project and pay the government fee, as applicable.

Benefits of Second Citizenship in Dominica:

Dominica’s Second Passport and Citizenship is legally offered to its citizens and their families worldwide and the best part is, you only have to wait some months without having to visit the country.

Have a look at the benefits and opportunities of having a second passport and citizenship from the Commonwealth of Dominica:

Increased International Mobility:

Make international travel easier and more private and skip the security issues. Traveling with Dominica’s second passport will empower you to visit most developed countries without the hassle of visitor visa application. Attend a business meeting in Hong Kong, or take a trip to Switzerland, or check out your child’s university in the UK, or visit Singapore for healthcare purposes. With this passport, you will get to travel the entire European Union and Europe Schengen Area with ease.

Certain countries require you to get a tourist visa but Dominican citizens have to go through less stringent visa application conditions. Additionally, having a citizenship in a Commonwealth country can also make it easier to obtain a business visa or residency permit in other Commonwealth countries such as Canada or Australia.

Safe and Natural Environment:

Dominica, the ‘nature island of the Caribbean’, is replete with a mix of lush rainforests and rugged, volcanic landscapes. Go swimming in emerald pools or river cruising, discover whale watching or spicy cuisine, or explore the history and culture of the nation. The Commonwealth of Dominica offers an amazing tropical environment with a high standard of living and fast-growing economy… enough to a build your second home in this piece of paradise.

Favourable Tax Policies:

Enjoy the benefits of having no tax on foreign income, dividends, capital gains, wealth, gifts, and inheritance. Additionally, live with the advantages of Dominica’s double taxation treaties with the USA and CARICOM countries like St. Kitts, Nevis and Grenada. Get massive tax relief, various corporate tax incentives, tax waiver from import duties, export allowance, and plentiful tax holidays.

Straightforward Application Process:

The efficient application process is quite an allure for many investors. In fact, with the help of Dominica’s second passport, you’ll get your citizenship in three to six months. The entire process is transparent, and the government of the Commonwealth of Dominica does not require you to pass any interviews or language tests. You may even not require any previous work experience to apply.

No Physical Residency Requirements:

The Dominica Passport Program has no physical residency requirements. This means you do not have to visit before or after the application process. This new ‘contactless’ norm is particularly attractive in this post-COVID-19 era.

Full Family’s Second Citizenship and Passport:

The Commonwealth of Dominica Citizenship by Investment Program is one of the easiest and the fastest ways to get a flourishing future for your whole family in these uncertain times. Your application can be as a single applicant or as a family – your spouse, biological or adopted children under 30 years, and parents aged 55 and above – and they can be added to the same citizenship application.

Lifetime Citizenship:

Once your application is approved, you and your family will receive naturalization certificates and passports. The passport is valid for the first five years, after which you have to apply for another 5-year extension. Your Dominica citizenship is for life and could be passed down from one generation to the next.

Passport Renewal:

The Dominica Passport Program will gradually allow its citizens to update their passports before their official expiration. So, the citizens who are going to renew their passports will automatically be issued the new biometric one after the collection of required documents.

If you wish to learn more about Dominica’s second passport or citizenship programs, contact Passport Legacy today!

The Commonwealth of Dominica got the ball rolling on their new biometric passport on July 19. New e-gates were constructed as a part of a $13 million project to upgrade the Dominican border.

If you wish to get your Dominican biometric passport, know that it will store your pre-verified personal information – including your biometric face, fingerprint, and iris data. This means that you will be able to easily use the e-gates to pass through border checkpoints more quickly and the government will be able to track your movements to avoid any kind of fraud.

Golden Visa Programs 2022

Golden Visa

Golden Visa As Covid-19 transforms our 2021, some elite families are contemplating health care options, pandemic responses, and potential safe havens to ensure they have a backup plan for the future. There has been a steady increase in the interest towards the Golden Visa programs in this regard. Several countries offer Golden Visa programs where wealthy individuals can invest in a country in exchange for citizenship or residency. It can range from real estate to donating to charities, depending on the country. The Golden Visa program is a residency-by-investment program. These programs are available in many European countries, such as Portugal, Greece, Spain, and other Caribbean countries. There are different types of investments available in each country. We can, however, group these investments under specific categories. Among these are:

  • Purchase of real estate
  • Transferring certain amounts of funds to associated countries
  • Contributing some amounts to the related institutions, bonds, and funds in the country.
  • Depending on the country you choose, the minimum investment amount varies.
  • Through these programs, you can travel to over 150 countries. The exact number varies by country. You must obtain citizenship before you can travel visa-free. As an investor, you can include family members as dependents in these programs.
  • The residency requirements for Golden Visas and citizenship programs are generally very low.

Let’s take a look at some of the most popular golden visa programs in the year 2021.

Montenegro Golden Visa Program

Montenegro Citizenship by Investment started accepting applications in late 2019. The program requires that you are 18 years old, healthy, and free of criminal records to qualify. A contribution to the government’s development fund is also required as well as investing in government-approved real estate projects. There is a current limit of 2000 applications that will be accepted within the program’s first three years. The following are the main features of the program:

  • In addition to Russia, Singapore, and all Schengen countries, Montenegrins have visa-free travel options to over 120 countries.
  • Global income, capital gains, gifts, wealth, and inheritances are all tax-free.
  • Additionally, you will have access to world-class healthcare systems and the right to attend schools and universities in Montenegro.
  • There is no physical residency requirement. No visit is necessary prior to or following the application.
  • The citizenship(s) you currently hold do not need to be renounced.

Greece Golden Visa Program

Greece is one of Europe’s most influential countries due to its success and its picturesque countryside. Its largely mountainous terrain earned it the nickname “Cradle of Western Civilization.” The country is also a member of several international organizations, including NATO, the Organization for Economic Cooperation and Development, the World Trade Organization, and the Organization for Security and Cooperation in Europe.

Greece’s residency permit provides many benefits, including visa-free travel within Schengen and free health and education services. An ex-pat can only apply for a Greek passport after living in Greece for 10 to 12 years. Greece residency program by investment was established in 2013. Interested applicants can become citizens of Greece by buying real estate valued at EUR 250,000 under this program. As part of the residence permit, the applicant obtains a “Golden Visa,” which allows them to travel every six months to an EU country for 90 days. Greece Golden Visas have a validity of five years from the time they are obtained.

Malta Golden Visa Program

Maltese Residence and Visa Program (MRVP) was introduced in August 2015 to help non-EU nationals obtain a valid European residence permit quickly and easily. The Malta golden visa program allows non-EU citizens to swiftly acquire a Malta residence permit, allowing them to enter Malta, live there with their families, and do business there. It is also possible to travel freely within the EU Schengen area, including Switzerland. Maltese residency permits do not require Schengen visas for EU countries like Germany, France, Spain, Italy, Portugal, or Greece. Interested investors must either rent or purchase a property in Malta or contribute to the country’s infrastructure. to qualify for the Malta residency program. Those interested in investing in real estate must buy a property in Malta for at least €350,000

An overview of Taxes for Portuguese Residents

An overview of Taxes

An overview of Taxes for Portuguese Residents, Portugal, which borders Spain, is the second-oldest country in Europe. Due to its rich cultural heritage and thriving economy, it is an excellent place for second citizenship and residency. It is part of the 28-member countries of the European Union and the Eurozone. An estimated 10 million tourists visit Portugal each year, making it a remarkable tourist destination. Approximately 10% of Portuguese GDP comes from tourism, while agriculture, renewable energy, manufacturing, and trade sustain Portugal’s economy.

Portugal launched a Residency-by-Investment program in 2012, known as the “Golden Visa,” to revive its economy after a significant dip during the financial crisis of 2008. Non-EU nationals who make a substantial investment in Portugal will be eligible for a golden visa, such as purchasing real estate, making a capital investment, or creating jobs. Obtaining the Golden Visa will enable you to achieve permanent residency and citizenship in an EU member state in as little as five years.

There are many different reasons why people choose to live in Portugal. Some people move to Portugal for a new lifestyle or to enjoy their retirement years. In some cases, people don’t even want to relocate to Portugal and are instead interested in utilizing their Portugal residency as a way to travel freely through the Schengen Zone or gain easier access to the European Union (EU). However, any person wishing to obtain residency through Portugal’s Golden Visa Program must comply with the country’s tax laws. This article discusses a detailed breakdown of taxes for Portugal Golden Visa residents so that you can get an understanding of what to expect when you become a resident.

How does the Portuguese Golden Visa Program work?

A legal procedure based on Portuguese laws, the Portugal residency and Golden Visa program, was initiated in October 2012 to facilitate the process of obtaining fully valid residency permits in Portugal for foreign investors and their families. Applicants must satisfy a few simple requirements to qualify for the Portugal Golden Visa Program, including being at least 18 years old, in good health, possessing no criminal record, having confirmed investment sources, and successfully passing due diligence checks. Families and individuals are both eligible to apply.

Children under 18 (biologic or adoptive) who belong to the applicant’s family are eligible for the program. In cases of dependency on the applicant, parents and children older than 18 may be included in the application.

To qualify for Portugal residency by investment, applicants must first purchase property in Portugal or invest in a local business or create a job in the country before applying. In addition to gaining access to Portuguese healthcare and consumer rights, successful applicants will receive their residency permit and be able to live, work, travel, and study in Europe. Portugal’s minimum residency requirement mandates that residents visit the country for at least seven days every year for five years – the rest of the time can be spent anywhere else.

Taxes in Portugal – What Do You Need to Know?

Death and taxes are two things we can all count on in life. Regardless of where you live, you will always have to pay some tax. A more important question to ask is how much tax you will have to pay? Compared to other EU states, the UK and the USA, Portugal is the most tax-efficient country in Europe. If you become a Portuguese resident, you might have to pay:

  • Tax on income up to 48%
  • Additional ‘solidarity tax’ of 2.5% or 5% on higher incomes
  • 28% tax on interest income
  • A tax on capital gains when selling real estate
  • 1% wealth tax on property worth over €600,000 annually
  • Non-habitual Resident Tax System

Portugal was the first country to introduce a non-habitual tax regime (NHR) in 2009 to attract investors and professionals. Anyone who has not lived in Portugal for five calendar years can qualify for NHR. Portugal residents who are eligible for the regime can save substantial amounts of tax over ten years. So, to become eligible for non-habitual resident taxation, you first need to acquire residency through the Portugal Golden Visa Program.

Advantages of the NHR

  • People receive special tax treatment over ten years.
  • There is a potential tax exemption for almost all foreign income sources.
  • There is a flat tax rate of 20% for certain Portuguese income sources (such as self-employment and income from specific professions), compared to the usual tax rate of up to 48%.
  • There is no requirement for a minimum stay.
  • You can become a white-listed taxpayer within the EU.
  • Direct family members are exempt from paying taxes on gifts and inheritances.
  • There is no wealth tax.
  • Portugal accepts free money transfers.

Associated Benefits

  • Investors are considered residents of the European Union as they are permanent residents of Portugal. The Schengen Area will give them freedom of movement without restrictions.
  • Portugal and Europe offer world-class healthcare and education to investors and their families.
  • It is required to reside in Portugal for at least seven days a year during this program.
  • Citizenship can be obtained after five years as a resident of Portugal. Investors who fulfil program requirements and hold their residency for five years can then apply for Portuguese citizenship.
  • Portugal’s passports rank among the world’s top five passports in terms of ease of travel.
  • Portugal residents can travel visa-free to over 185 countries and territories, including the USA, Singapore, and Hong Kong, upon obtaining citizenship.

When applying for Residency by Investment or Citizenship by Investment programs, consult with a trustworthy agency like Passport Legacy. Many firms on the internet offer fraudulent services that promise citizenship or permanent residency within an implausible timeframe for an unrealistic price. The odds of it being true are high when the offer is too good to be true. The Passport Legacy firm specializes in citizenship and residency programs for their clients in the UAE. You can learn more about the Portugal Golden Visa Program or any other European residency through investment programs by visiting the Passport Legacy website or book a free online consultation. The Passport Legacy team will be happy to assist you with your application.

Countries that provide a Citizenship for Retirement

Countries that provide a Citizenship

Countries that provide a Citizenship, A retirement visa is an ideal way for many people to accomplish their dream. People choose to retire in another country for a variety of reasons. A foreign country may provide a better climate, a lower cost of living (valuable for those with limited retirement funds), or they may have fallen in love with it after visiting it.  

Retiring in another country can be an interesting experience, but it is not for everyone. Even so, it could be the best thing you can do in your golden years. Retirement abroad allows you to broaden your horizons and increase the size of your retirement savings. And if these things appeal to you, this could be the ideal retirement scenario.  

Retiring to a new country with a pleasant climate, the ocean and shorelines, hills, and mountains, as well as other attractions provides many opportunities for this.  

In this article, we will evaluate the countries that provide retirement visas and highlight the best of them. Don’t worry if your ideal location doesn’t even have a retiree residence permit; there are plenty of other options.  
 

Portugal   

Portugal is a country steeped in history, heritage, and appetizing cuisine. Residents enjoy a pleasant climate, a safe environment, sandy beaches, sweeping bays, crystal-clear waters, and inviting suburbs. The country is well-known for its splendid churches and historical landmarks; it is suitable for exploration, with its terraced vineyards and charming villages perfect for passing time.   

Portugal has been very flexible and approachable when conducting financial due diligence on golden visa applicants. Because the country allows dual citizenship, an applicant can apply for Portuguese nationality after five years of residence.   

Portuguese passport bearer is entitled to travel to 185 countries worldwide and freedom of travel within the European Union.  

You can acquire a golden visa by transferring at least one million euros to a bank account that is approved.   

Invest in property ranging from 280,000 euros for restoration work to more than 400,000 euros in low-density areas.  

If you choose the capital investment path, you can contribute 350,000 euros to research, 250,000 euros to art projects, or at least 350,000 euros to a specific investment venture capital fund. Invest 350,000 euros in a Portuguese company that will generate five permanent jobs over three years.⁠  

Antigua & Barbuda   

Antigua and Barbuda is an Eastern Caribbean Commonwealth country. A tropical rainforest island that is a welcoming paradise with clear, aquamarine water coastlines and is regarded as one of the most magnificent places on the planet.   

Antigua and Barbuda acknowledge dual citizenship, which can be advantageous for capital investments and tax relief. Contribute USD 100,000 to the Antigua National Development Fund or invest USD 1.5 million in a business or USD 400,000 in a government-approved real estate project to obtain citizenship.   
 

Dominica   

Dominica is a Caribbean and North Atlantic Ocean Island country situated in the middle of the Caribbean Sea among Puerto Rico and Trinidad and Tobago. This pristine Caribbean wonderland is unquestionably popular, but Dominica is more than meets the eye.   

Dominica and its neighbour St Kitts and Nevis offer citizenship by investment options that are both relatively inexpensive for high–net–worth individuals and come with a variety of benefits. Both countries also provide accessibility to the world’s major leisure and business destinations.  

An investment of $150,000 to $200,000, plus fees, can provide an individual and their family with a secure future in these countries. Individuals are not permitted to submit requests to the Citizenship by Investment Unit directly. Instead, authorized agents represent them for a fee. The agent assists in the preparation of documentation and the completion of all forms correctly.  

 
Montenegro   

Montenegro is a country in Southern Europe located in the central Mediterranean. It is known for its unparalleled natural beauty, found in the heart of the Balkan Peninsula.   

While the coast may entice you to take a trip, Montenegro allows you to discover a land rich in culture, cultural legacy, and natural wonders. These are the things that make Montenegrin moments, and there is plenty of wilderness to explore. There is pristine nature here and people who live in harmony and a simple way of life.   

An applicant has required a minimum financial of Euro 350,000 real estate investment of Euro 250,000 and a donation of Euro 100,000 to the country.    
 

Malta   

Malta is an archipelago situated in the centre of the Mediterranean Sea, between Sicily and the coast of North Africa. A great tourist destination with clear skies, gentle temperature, and golden sands just enough to lure anyone. Malta offers a wide array of culinary delights from the Mediterranean influence. Malta has a fantastic reputation for its magnificent climate, friendly people, peaceful environment, and decent quality of life.  

Malta is one of Europe’s most innovative countries, with a preferential tax environment. While it also provides residence, the main attraction is its Citizenship by Investment program. Applicants for citizenship should physically reside in the country for at least 12 months. Malta asserts that its due diligence is the most stringent in the world, requiring a review of the investor’s entire portfolio. As a result, those who succeed enjoy the highest level of respectability throughout the world.  

Investment: Euro 738,000 (or Euro 888,000 by exception) depending on the residence status length (36 or 12 months, respectively)  

The number of countries offering retiree immigration programs continues to expand. There are options for every budget, interest, and lifestyle.  You must exemplify that you can support yourself during your residency. Income levels, sources of income, and proof vary between countries. With Passport Legacy as your advisor, you can get closer to your excellent retirement location. We believe you deserve to enjoy what you have worked so hard for your entire life.

Dominica Citizenship Program

Dominica Citizenship Program

Dominica is a Caribbean and North Atlantic Ocean Island country located midway between Puerto Rico and Trinidad and Tobago.

This unspoiled Caribbean paradise is undeniably popular, but Dominica has more than meets the eye. Let’s dig a little deeper and answer some frequently asked questions.

Dominica – What does it offer?

Dominica is a French overseas territory sandwiched between Guadalupe (to the north) and Martinique (to the south). This Caribbean Island Republic has such a vibrant culture that merges European and African influence. The island country is a breath-taking paradise with steep forest-covered mountain peaks, inviting ocean breeze, impressive mountainous terrain, tropical climate, and rainforests. This Caribbean gem is one of the diamonds in the rough waiting to be explored, with unparalleled grandeur at its peak. Dominica is recognized for its scenic scenery; it remains largely unscathed.

Why Dominica’s regal nature is worth exploring?

Dominica leaves you feeling energized, whether you’re traveling for an adventure or to appreciate nature at its best. Visiting is a kickstart to make every moment count; you should burst the ordinary air pocket and challenge your boundaries.

An entire day spent traveling across the Morne Trois Pitons Public Park to the iconic Bubbling Lake; swimming through TiTou Chasm to a hidden cascade; scuba diving deep reefs; rappelling down cascades on an exhilarating canyoning trip – these are adventures that will stay with you more and give you a fresh perspective.

Why should you consider Dominica as a potential second home?

Dominica is a tropical paradise for those seeking a new way of life because of its harmony and tranquillity, a new breath of fresh air, the shadings, the culture and tradition, and the embrace of nature. Generally, it has a success of comfortable, cosy, and innovatively planned eco dwellings – a few simple and rural, a few certainly more affluent, yet at once all stunning and natural.

Aside from its beauty, it has a low cost of living. Dominica gives naturalization to qualified foreigners or travellers who want to have a strong alignment with the island.

What are the advantages of getting Dominican Citizenship?

Through investments, you can unlock the full potential of a Dominica passport and gain global movement without the need for physical residency.

Individuals and qualifying relations will not be obliged to reside or visit Dominica to qualify, as is the case with most CIPs in the Caribbean region. The Commonwealth of Dominica passport grants visa-free or visa-on-arrival entry to over 150 countries worldwide, including the entire European Economic Community, Switzerland, the United Kingdom, Singapore, Russia, Brazil, and large cities.

The economically secure, democratic country enjoys one of the finest standards of living within the Caribbean. It has no taxes for non-residents, has the lowest rate in the entire region, and is arguably one of the untouched and natural places in the world, with lush inexperienced mountains, numerous pristine rivers and waterfalls, and gorgeous white and black sandy beaches. Better yet, the Commonwealth of Dominica offers the world’s most affordable citizenship by investment program, comprehensive with upstanding second passports.

Is the Dominica Citizenship Program suitable for me?

Citizenship Act, Sections 111 and Sections 8 and 20(1) of the Dominica Constitution, outline the capitalist program in law, granting eligible persons instant citizenship within the country through a Certificate of Naturalization.

A newly formed government authority within the Ministry of Finance – Dominica Citizenship by Investment Unit (CBIU), enforces all passport program regulations and is the regulating body that guarantees only qualified candidates square measure accepted.

What are the eligibility requirements?

To be considered eligible, applicants must be at least eighteen years old and meet certain criteria’s. To be accepted for Dominica status, they must also be in good health and free of contagious diseases.

A candidate must either make a substantial contribution to a government fund or purchase approved housing on the island. In each case, the individual should formally aim to invest before application to the capitalist scheme, but he or she is not legally obliged to pay in full until conceptual approval.

Why choose Dominica’s Citizenship by Investment Program?

Dominica’s Citizenship by Investment Program (CBIU) is one of the world’s longest-running and most cost-effective citizenship programs. The company has been in business since 1993 and has established a strong reputation through a good and sustainable due diligence process. Dominica’s Citizenship-by-Investment program provided applicants with two possibilities; the individual can choose which direction they want to carry.  

What are the options to choose from?

The first option is to contribute at least USD100,000. This amount can increase depending on the family composition; (USD100,000 is for one applicant) that directly boosts the economy and thus helps to finance renewable energy, agriculture, infrastructure, and business.

The second one will be to apply for an associate degree investment of at least USD200,000 in a government-approved real estate project. Families across the world received second citizenship and passports in exactly four to six months, without the need for a trip to the country.

This amount is adjusted based on the scope, although it is constant regardless of family structure. The majority, if not all, investments in Dominica are in hotels, villas, or luxury resorts.

Are you ready to look deeper into Dominica’s Citizenship opportunities?

The Dominican Economic Citizenship Program provides incredible value to its participants, and no other honorable capitalist citizenship program has such reasonable investment criteria, making Dominica the most reasonably priced citizenship by investment program in the world. Dominica unlike any other Caribbean Island; is true proof of genuine tropical paradise.

Contact us at Passport Legacy for a confidential consultation and walkthrough of your new adventure.

The Most Powerful Passports for 2022

The Most Powerful Passports

The Most Powerful Passports for 2022, During the Covid-19 pandemic, international travel may seem challenging for most people but not for some. Nowadays, it has become more important to travel without restrictions because on top of PCR tests, quarantine requirements, and arranging for a visa in advance, it saves you the hassle of stress and preparation. Traveling with a stronger passport gives you and your family visa-free and visa-on-arrival travel as well as the freedom of movement worldwide. Passports that offer access to the greatest number of destinations are the most powerful and preferred by foreign investors.

Citizenship by Investment (CBI) programs provide a very interesting opportunity and legal way to obtain a second passport from a different country. Individuals from all around the world apply for citizenship by investment programs as a means of gaining access to opportunities not offered by their own countries.

Some of the best nations provide a second passport that allows visa-free travel to over 140 countries, including the United Kingdom and the EU Schengen Area. One of the major reasons people opt for these CBI programs is a better quality of life and business prospects.

In the industry of residency and citizenship by investment programs, here are some of the most powerful passports for the year 2022:

Malta:

Malta Passport is considered one of the world’s most powerful passports in the world. As a member of the European Union, Maltese people have visa-free travel to over 180 countries across the world, including the EU, the United Kingdom, the United States, and Canada.

Malta is also a popular destination for migrants, owing to its favorable level of socio-economic and universal healthcare. With no foreign income tax and no inheritance tax, Malta has one of the lowest tax rates in Europe. To qualify for Maltese citizenship, investors must pay a significant non-refundable contribution to the government amounting to EUR 600,000 or a qualifying investment of real estate valued starting from EUR 700,000 or rent a property starting at EUR 16,000 per year.

Malta has one of the lowest taxation rates in Europe with no inheritance tax, no foreign income tax, and withholding tax on interest earned.

Antigua & Barbuda:

Antigua and Barbuda second citizenship by investment is a life-changing choice. Antigua and Barbuda citizens have visa-free travel to 150+ countries across the world, including the United Kingdom, the EU Schengen Area, Hong Kong, and Switzerland. It is the only country in the Caribbean to grant visa-free access to South Africa.

 Antigua and Barbuda Citizenship by Investment can be achieved by donating $100,000 to the National Development Fund or investing $200,000 in a government-approved real estate project in Antigua and Barbuda. For families, this is one of the most cost-effective solutions. Applicants can start with $1.5 million in setting up a business ($5.0 million if there are two or more investors) or $400,000 in a government-approved real estate project (which can be reduced to $200,000 if there are two or more connected investors).

 The Antigua & Barbuda citizenship program is straightforward and does not require an interview. There is no need to travel to the country to complete the application. Children and dependents up to the age of 30 are eligible (subject to restrictions), as are dependent parents beyond the age of 55. It does not levy a tax on income earned anywhere in the world.

Dominica:

Dominican passport holders can travel visa-free to 139 countries across the world, including the United Kingdom, the EU Schengen Area, and Singapore. Holding a Dominican passport allows you to stay 6 out of 12 months in the United Kingdom and travel visa-free in all the Schengen countries. Dominica’s tax rules are also appealing, with no taxes on foreign income, capital gains, gifts, or inheritance.

Investors can get their Dominican Passport in as fast as four months, for a minimum investment of $100,000. For single applicants, Dominica is amongst the most cost-effective option. Having second citizenship from any of the above countries is like having a modern-day insurance policy. It allows you and your family to travel visa-free or migrate promptly. Passport Legacy can help you secure your secondary passport today. Our highly experienced client advisors can guide you towards the best strategic investment for global citizenships

The Fastest Countries to Get a Second Passport

The Fastest Countries

The Fastest Countries to Get a Second Passport, Citizenship-by-investment (CBI) is a program that allows you to invest in a second passport. This would be the smartest option if your goal is to travel the world visa-free and provide better business opportunities on a global scale.

Below are the top two CBI programs with the shortest processing times and the lowest investment requirements: 

Vanuatu

Vanuatu being the one and only country from the South Pacific to offer an investment program, recently launched its Citizenship by Investment Program in 2018.

Based on our experience, Vanuatu can offer citizenship in as fast as two months from the time of initiating the process to passport handover.

Once the Vanuatu government grants citizenship, the holder can travel visa-free and visa-on-arrival to countries and territories such as the United Kingdom, Hong Kong, Singapore, and the Schengen area.

To obtain citizenship, an applicant has to contribute no less than USD 130,00 to the government of Vanuatu. The country also allows its holder dual citizenship. There is no need to reside in the country during the application.

 St. Kitts & Nevis

The first country to offer its citizenship to the world, St. Kitts & Nevis launched their program back in 1984 and has remained popular due to its efficient and fast application process. The small island nation from the Caribbean has announced an amendment to their program in 2018 (Sr & O No. 25 of 2018) detailing a faster processing time termed as the Acceleration Application Option.

The Acceleration Application Option can shorten the application from the usual 90 days to 60 days (two months). This fee will be applicable to the applicant and to their family members at an additional cost.

To apply for citizenship, a minimum investment of USD 150,000 through a donation to the Sustainable Growth Fund (SGF) which helps in the country’s infrastructure and development. Another option is through real estate investment from government-approved real estate developments with a minimum investment of USD 200,000.

Once successful, the holder is granted visa free travel to 154+ countries and territories including Hong Kong, Russia, Schengen Area, and the United Kingdom. Capital gains, foreign income, gift and inheritance taxes are exempted. The passport holder can also hold dual citizenship with a St. Kitts passport.

Passport Legacy offers Vanuatu and St. Kitts CBI programs. Contact Passport Legacy today for a free and private consultation.

A dual passport in 2022

A dual passport in 2022

A dual passport in 2022, As more countries around the world pass legislation increasing opportunities for holding multiple nationalities, people are starting to re-evaluate the benefits associated with having a dual passport. Given below are some reasons why many people choose to have a second passport in addition to their primary citizenship and why you should definitely consider the possibility of obtaining a dual passport in 2022:

1.) Benefits when traveling/living abroad: In many cases, holding dual citizenship for different countries entitles you to benefits when traveling or living abroad in one of those countries. Dual citizens also enjoy visa-free access to over 140+ countries and territories, while dual residents can reside and work in many of these locations without applying for a visa.

2) Visa-free access to certain countries: Having second citizenship entitles you to travel around the world with fewer restrictions because it provides you with visa-free access to many countries.

3) Improved safety and security: It is no secret that having a second passport provides a higher level of safety and security for you and your family. In times of political instability or conflict, having a second passport from a different country can help you and your loved ones escape to a haven. Dual citizenship offers greater protection against an entry denial into a foreign country.

4) Increased investment and business opportunities: Businesspeople with multiple passports enjoy increased investment and business opportunities around the world. When you can move freely between countries, it is easier to do business in multiple locations. Additionally, countries with high taxation or stringent business regulations may not be as attractive to foreign investors. Having a second passport allows you to invest in countries that have more favorable business conditions.

6) Increased career opportunities: Holding multiple citizenships can also open up new career opportunities for you. If you are a lawyer, doctor, or engineer, and you hold citizenship in two countries, it makes you more marketable because you can work in either country without having to obtain a work visa.

7) Greater freedom to travel and live where you want: One of the most appealing aspects of dual citizenship is the increased freedom it provides to travel and live wherever you want. With two passports, you can choose to live in the country that best meets your needs and interests, without having to worry about communication barriers or drastically different lifestyle choices.

8) International protection: Having a second passport from a different country is like having international protection, making you less vulnerable in case your primary citizenship becomes compromised. This can be especially important if your home country experiences an economic downturn or faces political turmoil. In those cases, dual citizenship allows you to become more mobile and gives you the option of living elsewhere without renouncing your primary citizenship.

9) Become a citizen of the European Union: The 26 European countries that have formed the Schengen area have abolished internal borders and passport controls, allowing their citizens to travel freely within this region with just one passport.

10) Other benefits: Some other benefits of having dual citizenship include increased job and investment opportunities, freedom to work in multiple countries, and eligibility for certain government programs and scholarships. Additionally, dual citizens sometimes receive preferential treatment when it comes to obtaining visas or residency permits.

Acquiring your dual passport can be a lengthy process, but we at Passport Legacy are here to assist you in every step of your journey. So, to get started on the process, give our client advisors a call today and avail of a free consultation.