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Migration Markets that are emerging

Migration Markets

Kenya – Emerging Investment Migration Market:  

Migration Markets The Kenyan economy is rapidly growing, and with this growth comes the need for more visas and passports. In recent years, Kenya has emerged as one of the top destinations for those looking to invest in immigration and gain access to second passports and visa-free travel.  As a result, the investment migration market is starting to emerge in Kenya.  

There are several different ways to participate in the investment migration market. One option is to invest in citizenship by investment program. These programs offer citizenship or residency in exchange for an investment in the country. Another option is to invest in real estate or other assets. This can give you access to visa-free travel as well as residency or citizenship in the country. As with most immigration programs, there are typical requirements that must be met and background checks that will need to be conducted before you’re approved for participation. 

There are several different countries that offer investment migration programs. Some of the most popular options include Caribbean countries such as St Kitts and NevisGrenada, and St Lucia. These countries have well-developed CBI programs with a wide range of investment options. They also offer visa-free travel to several countries, including the Schengen Area, the United Kingdom, China, Singapore, and Hong Kong. 

Europe is another popular destination for those looking to invest in immigration. Countries such as Greece, Portugal, and Malta offer several investment migrations options. These countries are well-known for their Mediterranean climates and relaxed lifestyles. They also offer visa-free travel to several countries in Europe and the world. 

Also, a key point to note is that Kenyans are eligible for all citizenship by investment programs across the world, which means they have a wide variety to choose from when it comes to gaining a second passport.  

Nigeria – Emerging Investment Migration Market:  

Nigeria is a country in Africa with a population of over 190 million people. The country is rich in natural resources, including oil and gas reserves. Despite this, the country has struggled with corruption and poverty. 

In recent years, there has been a growing trend of Nigerians investing in second passports and residency programs in Caribbean countries and European Union member states. This is because these countries offer greater security and economic stability than Nigeria.  

There are several reasons why Nigerians are interested in the investment migration programs:  

– Firstly, many Nigerian citizens do not feel safe living in their own country due to the high levels of crime and violence.  

– Secondly, the Nigerian economy is unstable, with high levels of inflation and unemployment. 

In many cases, Nigerian citizens have been able to successfully invest in alternative citizenship through a reputable investor migrant program. Some of the most popular countries for Nigerians are St Kitts and NevisGrenada, and Greece. In recent years, these countries have seen large numbers of immigration applications from Nigeria. 

Depending on a person’s situation and their requirements, be it a single or family application, Passport Legacy is here to help you at every step and ensure you get your dual citizenship in the shortest span of time. We assess your situation to get the right CBI program for you and your family. Give our client advisors a call today for a free consultation and get started on the process.  

Visa-Free Entry into China with Your Dominica Passport

Visa-Free Entry into China

Visa-Free Entry into China with Your Dominica Passport, Ever had a dream where you can take your family to a different country every year, exposing them to a wealth of cultural differences and experiences? Well, that dream can come true. The Dominica Passport has increased in value. It already allows holders to travel to over 130 visa-free countries worldwide, including the Schengen countries like Switzerland, the United Kingdom, and recently, even China.

Dominica and China have had diplomatic relations for the last 17 years and came to a mutual visa-waiver agreement as of November 2020. The agreement between the two countries is good news for all Dominican passport holders as it means that China now adds to the visa-free countries list.

What China Can Offer You

Previously, to conduct business with investors or entrepreneurs within China, you would have to jump through multiple hoops to be able to do so. That includes filling out much paperwork that takes time, effort, money, and resources, and you could end up not getting the visa in the end. China has a limited list of countries that can visit visa-free, so this extension of their list is history in the making.

On November 22nd, Dominica’s Prime Minister Roosevelt Skerrit announced a visit from the Chinese Ambassador Lin Xiang Jiang. The meeting enabled all Dominica Passport holders to travel back and forth and conduct business within China without extra hassle. This announcement bolsters Dominica and China in foreign investments and trading investments.

Not only will you be able to expand your business, invest in your future, and build a foundation for your family, but the passport also gives you and your family experiences that will last a lifetime and longer.

How to Get Your Dominica Passport 

Besides a clean background check, the best way to obtain a Dominican passport is through Citizenship by Investment. It takes a minimum donation of USD 100,000 (dependent on the family composition). By doing this, you elevate the economy by financing renewable energy, agriculture, infrastructure, and business – possibly your own.

Another way to get there is to apply for an associate degree investment of USD 200,000 in a government-approved real estate project. While the amount changes based on the scope, it is constant regardless of your family structure. You, along with your family, will be required to take an oath of allegiance before an authorized notary, Justice of Peace, or a commissioner of oaths. After that, your application will be processed and certificates issued. No interview is required.

The government encourages new citizens to become involved with their local community to increase their property values and infrastructure, but there is no physical residence requirement. Although, with the views that Dominica has to offer, a property purchase will be more than just a physical residence but also a home away from home and an investment for retirement.

When it comes to traveling the world, you want as little red tape as possible, and this is where Passport Legacy does the hard work for you.

With Passport Legacy, we are here you help you invest in your future and that of your family – assisting you in making your dreams come true. Get access to all Dominica Passport visa-free countries by contacting us for a free private consultation.

Cryptocurrency Now Accepted for Dual Citizenships

Cryptocurrency

Cryptocurrency has the world on its feet for the last decade. The ride in the currency’s value has remained consistent, and since Bitcoin’s development in 2009, several other similar companies have also taken form, creating the nickname ‘crypto’ for all digital currencies.

If you are unsure what cryptocurrency is or how it works, here is a breakdown.

Cryptocurrency is a digital banking system that takes banks from the equation and uses cryptography to verify and secure transactions. It enables anyone to send and receive payments anywhere. The currency exists digitally – you don’t own anything tangible – and transactions are recorded in a public ledger.

Cryptocurrencies run on what we call a blockchain – essentially a digital chain (imagine a spider diagram) of all transactions and account holders. The currency itself is developed by combining computer power and solving complex mathematical problems to create ‘coins’ – this is called mining.

Why Cryptocurrency is the Next Big Thing

When it comes to investing money, investors look at many factors, including risk factors and level of control over their money. Cryptocurrency investment has become so popular due to many advantages that investors find conducive to making money in the future.

Firstly, over time cryptocurrency will increase in value as experts see it as the future currency. Buying and trading cryptocurrency leads to a more significant return later than traditional investment options.

Removing banks from the equation also eliminates the risk of value reduction due to inflation. The blockchain is generally more secure than traditional transaction systems because of the processing and recording system.

Who Is Accepting Cryptocurrency for a Second Passport?

Countries are now jumping on the crypto train as they have noticed increased interest from foreign cryptocurrency investors. To draw foreign investors in, they are also looking at providing a wide range of benefits in the future.

With the Caribbean and Europe being the target destination for crypto investors, Armand Tannous, Vice President of North and Latin America for Apex Capital Partners, spoke to Yahoo Finance Live. Mr. Tannous stated that “crypto investors are specifically looking at St. Kitts and NevisAntigua and Barbuda, and European countries such as Portugal.

Portugal offers ‘golden visas’ that is a residency by investment programs. Most of the Caribbean countries provide citizenship. These are the first few countries that accept cryptocurrency as a payment method for their citizenship and residency by investment programs.

If Antigua and Barbuda pass the bill, Antigua will officially be the first Caribbean country to accept cryptocurrency as a form of payment for citizenship. It is exciting because Antigua has a strong passport with visa-free travel to over 130 countries, no capital gains, no income or wealth tax on worldwide assets or inheritance, and no inheritance tax.

While more countries aim to accept cryptocurrency, investors can still convert their crypto into Fiat money and attain citizenship or residency.

Is Cryptocurrency a Good Investment?

Even though the value is soaring, and more millennials are explicitly investing in cryptocurrency, there are a few things to consider before spending your life savings.

Cryptocurrency is still volatile, which means the value fluctuates by the hour. Investors need to be prepared to lose all their money without any notice. And because it has only been around for a short period, it is still in the experimental phase of life – however, this doesn’t discredit the fact that it is here to stay.

If you have money to spare, cryptocurrency would be good to investigate for your investment. With the values steadily increasing over time, you will spend less money now than you will in five or even ten years. But as with everything finance-related, do your research and keep an eye on your investments to ensure it is still lucrative.

Global Mobility and Citizenship by Investment

Global Mobility
Global business concept. Silhouette of business people.

Global Mobility and Citizenship by Investment, All companies, large and small, look at the possibility of expanding their business. Most companies look at international business expansion as this allows them to capitalize on the international market, promote development, attain worldwide customer outreach, and enhance partner collaboration. In a nutshell, global mobility means the ability of individual employees to travel seamlessly around the world, both for business and pleasure.

While global mobility can take time, a well-planned strategy can be the key to your international business expansion. The way the world is moving, there are many reasons why business owners and individuals are becoming more invested in building global mobility within their organisations.

Why Global Mobility Is a Goal for Many

Since the pandemic, the world has embraced digital conversion and international connections through various channels. Company policies have created a digitised, remote, or hybrid workforce. These changes have empowered flexibility, and most organisations have found that employees are even more productive. It fosters affinity and allows for developing the existing talent within their organisation.

An international business expansion can help create an even more flexible environment where employees can (and want to) work from anywhere.

Challenges with Global Mobility

Unfortunately, many problems come with aiming for global mobility within a company. It requires a lot of costs, paperwork, preparation, agreements, scheduling, taxes, and dealing with external factors.

This often creates a roadblock for individuals and organisations as a visa only provides a limited travel period before applying again. You would then have to go through the process again and risk being forced to return home before the new application is approved. For organisations and individuals to thrive in global mobility, you need a second passport, preferably visa-free access to multiple locations.

Benefits of A Second Passport

Having a second passport can boost your plans for international business expansion. If you have one specifically from the Caribbean, it allows for freedom in travel and global mobility with visa-free access to several countries.

The number of available countries you can travel to visa-free depends on the country of your second passport.

For example, Dominicans have access to 144 countries, Saint Lucians have access to 146 countries, and Grenadians have access to over 144 countries. Keep in mind what your business destination plans are for the future. With Grenada, one can apply for a US E2 work visa and do business in the USA. Dominica also offers visa-free travel to China.

How Global Mobility Helps International Businesses

Global mobility provides a multitude of benefits for your international business expansion. International travel becomes as easy as buying a plane ticket, but that’s not all you’re able to do.

Many of the countries have tax benefits. Dominica, for example, offers an exemption on paying capital gains, inheritance tax, income tax, foreign income tax, wealth tax, and gift tax. Essentially, you’ll be spending next to zero taxes which leads to an exceedingly profitable business.

St Kitts & Nevis, also a commonwealth country, is committed to aiding economic development and advancing democracy and human rights.

Exceed International Business Expansion Boundaries

As you can tell, having a second passport is vastly beneficial for your business plans. You can enjoy international travel with ease and push your business boundaries, expeditions, and cultural experiences.

Your next step would be to define what your global mobility goals are as an organisation. After that, you can choose citizenship by investment program that suits those goals.

At Passport Legacy, we can consult and assist you as an individual, as well as an organisation, to start your journey to global mobility. To book your private and complimentary consultation, click here.

Cases for Turkish Citizenship

Cases for Turkish Citizenship
in Turkey, with balloon Cappadocia under the snow

Cases for Turkish Citizenship, When researching countries with Citizenship by Investment programmes, Turkey may be one of the options you come across. You may also be wondering what Turkey has to offer you. There may be other countries you could invest in that provide access to more countries or are cheaper to invest in – so why invest in Turkey?

Known for being the bridge between Asia and Europe, it is rich history and culture, breath-taking architecture and landscapes,  culinary experience and picturesque experiences such as hot air ballooning in Cappadocia; the country is full of life and exciting adventures.

Ways to Invest in Turkey

One of the benefits of investing in Turkey is the several choices you have for investment. You can apply for citizenship within these four investment options:

1.  Minimum of USD 250,000 in real estate investment.

2.  A fixed capital investment of USD 500,000.

3.  Create jobs for at least 50 people.

4.  Deposit USD 500,000 on condition to not withdraw from this amount for three years.

These options allow you to have Turkey citizenship by investment, especially if you have specific goals for your plan, like starting a business.

The most popular route by far is property investment due to several factors: the flexibility in choosing the attractive property returns on investment.

Benefits of Investing in Turkey

If you’re looking to invest in Turkey for the business aspect, you’re in for a lot of good news. Firstly, the country acting as a bridge between Asia and Europe provides easy and fast access to both, whether for business or pleasure.

With citizenship by investment in Turkey, you receive visa-free travel and visa-on-arrival to 110 countries, including Japan, Brazil, Singapore, and Hong Kong; this expands your business opportunities for growth and networking.

With a Turkish passport, one can apply for the E-2 investor visa for the United States of America: by investing in a business (of around USD 100,000), you and your family have the right to live, work and study in the US.

In addition, Turkish nationals with the intention of setting up a business in the UK may be eligible to apply for the Turkish Businessperson Visa.

Eligibility for Investing in Turkey

There isn’t much that can impede you from investing in Turkey. You need to be 18 years or older, pass the due diligence successfully, and have no criminal record.

The time it takes before you have your citizenship by investment is only four to six months, so you could make it your goal for the year and travel to your new country for Christmas.

Would You Invest in Turkey?

Whether you’re looking for business or pleasure, Turkish Citizenship by Investment will benefit you in many ways. You will have global access essentially, covering Asia, Europe, and the United States. You can conduct business anywhere with minimal paperwork and costs, which everyone wants.

Don’t forget the cultural experiences from the countries either. You and your family will be able to travel and experience an incredible range of cultures, events, and bucket list items.

At Passport Legacy, we can help you acquire citizenship by investing in Turkey with utmost privacy and tailor-made customer service. We take all the guesswork out and provide you with open communication throughout the process.

If you want more information about acquiring citizenship and property in Turkey, you can visit the Republic of Turkey Investment Office’s Residency here.

Best program for you and your family

Best program

Best program for you and your family, Potential investors need to pay attention to the details of each program when choosing the perfect country for their second passport, as these are very similar in concept. The investment goals lead to the ultimate decision, and these goals could range from business opportunities to a ‘Plan B’ should anything ever happen. During times of uncertainty, investing in a second passport may prove helpful.

Passport Legacy offers the most popular citizenship by investment programs in the Caribbean: St Kitts and NevisAntigua and BarbudaGrenadaDominica, and St Lucia.

In addition, we also offer CBI and RBI programs in Europe.

This article will briefly discuss the particularities and advantages of each Caribbean country.

Antigua and Barbuda

The Antigua and Barbuda citizenship by investment program is one of the latest, established in 2012, and most efficient programs. Investors’ lives have been made easier due to the quick application processing, allowing applicants to obtain their second passports within 4 to 6 months. 

This program is most suited to large families through the option of contributing to the University of the West Indies for families with at least six applicants, offering very competitive pricing.

The Program also prides itself on being crypto-friendly.

The most recent changes to the Antigua and Barbuda Citizenship by Investment program contemplated updates on the several Government costs and fees, resulting in lower prices.

Several recent changes were made to what is considered a dependent, widening the range of family members that can be added by the Main Applicant, such as unmarried siblings.

You should choose this program if… You have five more family members that you would like to add under one application.

Dominica 

The Dominica Citizenship by Investment Program is one of the most popular programs in comparative terms, ranked highly in the 2021 annual CBI index for its minimum investment outlay, due diligence, ease of processing and certainty of acquiring citizenship, making it one of the most sought-after programs in 2021. It is a well-established program, having entered in force in 1993.

One of the most recent developments in this program that makes it attractive for prospective clients is its visa-free access to the People’s Republic of China and another 142 countries, including the Schengen countries, the United Kingdom, Singapore, and Hong Kong.

You should choose this program if… Visa-free travel to China is a must.

Grenada

Grenada has established its Citizenship by Investment program in 2013. It is the only country in the Caribbean that boasts an E2 Treaty Visa with the USA. This enables any holder of a Grenadian passport to obtain a residency visa in the USA, valid for five years, by establishing or entering into an existing business in the USA.

In addition, Grenada enjoys visa-free access to the People’s Republic of China, along with other 150 destinations.

You should choose this program if… Business in the USA is a priority.

St Lucia

The St Lucia citizenship by investment program, known as St. Lucia CIP, was launched in 2016.

With your St Lucian passport, you can travel visa-free to 146 countries, including Singapore, Hong Kong, the United Kingdom, and Schengen. 

The program of Saint Lucia is currently the most cost-efficient way to obtain alternative citizenship, with the lowest contribution option, in comparative terms with the other Caribbean programs.

You should choose this program if… You wish to obtain a second passport in the most cost-efficient way possible.

St Kitts and Nevis

St Kitts and Nevis citizenship by investment program is the first country to have launched their CBI program in 1984, having practically created the industry, and the modus operandi of the other Caribbean programs, with the Main Applicant being able to choose between Donation or Real Estate options.

Additionally, St. Kitts and Nevis do not tax overseas income or capital, making it attractive for foreign investors. In a bid to make it easier to invest in the eastern Caribbean country, St Kitts and Nevis launched a private home option, under which applicants can purchase a private home worth U$400,000, and an ‘alternative investment option,’ under which applicants can invest in locally approved projects not necessarily linked to real estate or the tourism industry.

Still unsure which option to take, schedule an appointment with our client advisors here. Please visit our St Kitts and Nevis page for more information about the Citizenship by Investment program.

You should choose this program if… You value the most established and longest-running CBI Program.

In conclusion, you cannot go wrong with any of the options above. If you still need more information and guidance, Passport Legacy can help you get started with your application for a smooth and seamless process. You can book a free consultation with one of our client advisors here. Please click here for more information about any of our Caribbean CBI programs.

Portugal as a Top Choice For Retirees In 2022

Portugal

Portugal During the last few years, Portugal has become one of the top choices for retirees and, in general, those who are looking for a place to settle. To this, several factors have contributed: inviting weather and culture, safety, low cost of living, and attractive tax benefits, among others.

From its picturesque cities, gorgeous coastlines, mossy forests, snowy mountains, architectural sites dating back to pre-historic times and modern architecture, Portugal has something for everyone, either in its cities or in the countryside. Many have sought a Portugal residency in recent years as it is known as one of the safest countries to live in, with a low crime rate, drawing in people of all ages, from young digital nomads to those looking for retirement in Portugal.

Portugal

 COST OF LIVING

One drawcard for many is the living expenses in Portugal . General living is relatively inexpensive compared to other EU countries, with a couple being able to live comfortably with a budget of EUR 2,500 a month. Whether eating in or dining out, food is also affordable and generally healthy. The local markets boast freshly baked goods, vegetables, fruit, and meat and are easily accessible instead of purchasing from a chain store. Of course, this affects everyone’s lives, but you retire in Portugal and know that it’s easy to look after your health.

 PEOPLE, HEALTHCARE, AND RETIREMENT TAXES

Portugal has become a very sought-after retirement destination, being mentioned in several international publications as one of the best places to retire . Notoriously, there has been over the last twelve months an increased interest of North-American retirees. This is motivated by the above-mentioned affordable cost of living and the security and social peace. It also helps that English, French and Spanish are widely spoken, making it easy for expats to attend to their matters. Healthcare is worth mentioning, with a robust (and free) public healthcare system complimented by inexpensive private health insurance. In addition, the Non-Habitual Resident status ensures that foreigners moving into Portugal benefit from reduced tax rates for 10 years, notoriously a flat rate on pensions of just 10%.

PORTUGAL GOLDEN VISA

If you are not a EU citizen, the first step to relocate to Portugal is securing a residency permit. One of the best ways of achieving this is by obtaining an Investor Residency Permit, commonly referred to as the Golden Visa. Qualifying investments start at a minimum €280,000. The process takes 8 months. What makes the Portugal Golden Visa such an attractive proposition is that the residency requirements are considerably low: an average of 7 days per year.

The Portugal Golden Visa grants you access to the Schengen Area, and you will have the possibility of citizenship after five years. If you are considering retirement in Portugal, you’ll likely be living there permanently and perhaps taking holidays around Europe now and then. You can still hold dual citizenship to make trips back to your home country, and both you and your family with you will have the right to study, work, and live in Portugal. 

RETIREMENT IN PORTUGAL

You can look forward to a smooth retirement filled with adventure, beautiful scenery, exquisite food, and a safe place to call home. With your Golden Visa, you can move to Portugal while the application is being processed and start familiarising yourself with the surroundings. If you’d like to know more about the Portugal Golden Visa or retirement in Portugal, you can contact us for a private and complimentary consultation here.

Countries to Raise a Family In 2022

Countries to Raise a Family In 2022
Happy family: mother father and child daughter on nature on sunset

Countries to Raise a Family In 2022, Many people are now searching for a plan B – dual citizenship, allowing them a safer environment and a life to raise a family abroad in these uncertain and unpredictable times.

The best countries rank high in access to reliable and first-class healthcare, safety and security, risk management, reliable infrastructure and most importantly, better opportunities for their families.

Here are our top three countries to raise a family in 2022.

Portugal

Portugal boasts an incredible quality of life for the tourists and the residents. The food, the people, and the ancient culture and architecture make Portugal a desirable place for frequent travelers and retirees. Portuguese people are some of the friendliest, most loving people in the world and will, without a doubt, check the box for the community. You do not have to learn the language to become a part of their community, but it is a bonus.  

The country is filled with vineyards, farm life, and fruit trees. The local markets will provide the most nutritious meats, fruit, and vegetables, straight from the farm to your children’s health.

Portugal has one of the lowest crime rates globally, and the country boasts multiple cultural experiences and outdoor activities. The weather is always favorable, allowing for outdoor sports and activities. The quality of education is very high both in public and international schools. Lisbon, the capital city of Portugal, is ranked the second-best city to raise a family globally.

Dominica

Like PortugalDominica is one of the safest countries in the world, with a very low crime rate. They are also a culturally diverse country with strong communities, making it a comfortable environment to make friends and build the community you need to raise a family abroad. They also provide clean eating habits with easily accessible organic meat, fruit, and vegetables straight from the farm.

The tropical weather all year round provides outdoor sports and activities opportunities, and the Caribbean Islands have no shortage of adventures. Their public and international schooling systems also create an exceptional education basis for your children.
Grenada

Countries to Raise a Family In 2022
Grenada

Known as ‘the Spice Island’, Grenada is one of the most populated islands in the Caribbean. Their education system is based on the British education system and is entirely free until 16. Nothing sounds sweeter to a parents’ ears than free education as it is one of the most expensive parts of raising a child, especially when you want to raise a family abroad.

Like Dominica, it boasts a tropical climate, allowing all outdoor activities for your children. Grenada also has one of the lowest crime rates, so safety will never be an issue. Business opportunities are flourishing in Grenada, specifically in the tourism department.

Raising a family abroad

Raising a family abroad is a challenging decision to make. Still, once you have confidence in your citizenship or residency by investment, it will be the best decision you have made on behalf of your family. Having a plan B in these uncertain times will provide your family with safety, a choice of education, and a culturally diverse community that they will carry through their lives. Not only that, but a stable and reliable government infrastructure and primary healthcare will ensure your family will be safe for generations.

No matter where you decide to go, Passport Legacy can help you along the way, getting you there as fast as possible. If you’d like to chat with us about your options, click here

Europe vs Citizenship in the Caribbean

Europe vs Citizenship

Europe vs Citizenship A common question in many investors’ minds is: which program  should I choose? Residence in Europe or citizenship in the Caribbean? It all depends on your investment goals and what you will need from your investment. Each option has its pros; you need to decide what works in your best interest. Whatever is your set of requirements, the experienced team of Passport Legacy will be able to assist you. Here we will discuss the differences between the residency by investment programs in Europe and citizenship by investment in the Caribbean, and what each option would suit you best.

Residency in Europe

Residency in Europe is the perfect choice for those looking to obtain a residency with low or inexistent stay requirements and great investment opportunities. Investors and businesspeople have several options of qualifying investments, to which we would highlight  the real estate and private equity funds options. In Portugal, for example, the Golden Visa program lasts for five years and only requires you to stay in the country for seven days out of each year.

Residency in Europe allows open travel access to the Schengen Area, as well as the right to settling in the country. Both in the cases of Portugal and Greece, holding the residency can lead to citizenship by naturalisation, allowing your children to gain elite European education at school level and prestigious university education. The quality of medical care is outstanding, and your family will be in a safe country with a stable economy. With a residency in Europe, you gain equal rights to those who live there permanently. You also have the future option to gain citizenship should you want to, which is always an excellent option to have.

Citizenship in the Caribbean

Citizenship in the Caribbean is, and has been, one of the most popular choices to secure a second citizenship, enabling global mobility, new financial opportunities, among other perks. The Caribbean countries are known for their tropical landscapes and beautiful beaches, with their tourism industry picking up after the constraints caused by the pandemic as tourists looking to explore the beauty within them. Generally speaking, you can choose between donation and real estate investments in Government-approved projects.

Citizenship in the Caribbean does not entail a change in your tax status: if you do not live in the country in question, you will not be taxed. The processing for citizenship in the Caribbean takes between four to six months, and the investment options are generally cheaper than in Europe, without any presence requirements. While residency in Europe provides access to the Schengen Area, Caribbean countries like Grenada give access to over 140 countries, including the Schengen Area, United Kingdom, and Hong Kong.

Making your choice:

Considering the pros and cons of each of the options and their characteristics, each solution caters to different needs and are not mutually exclusive.

If you need a quick, efficient and straightforward mobility solution that offers visa-free access to a great number of countries, then Citizenship in the Caribbean is the way to go: after a period of 4 or 5 months, in a hassle-free fashion you can become a citizen and have a passport that enables you to travel to an average of 140 countries without worries of obtaining a visa.

On the other hand, if you wish to explore the benefits, being these short or long term, of having a foothold in Europe, these are the programs for you. In fact, European Union residents enjoy roughly the same rights as nationals, being the major exception the right to vote. This includes the right to reside in the country, freedom to travel within Schengen, access to healthcare and education etc.

Furthermore, the ideal solution is a combination of both: a Caribbean citizenship and a European residency. This is the closest to a solution that covers all basis, and safeguards your and your family both in short and long term. Our knowledgeable team of client advisors with a combined experience of over 25 years in the Citizenship and Residence by investment industry can assist you with everything you need to know and help you make the perfect decision. Please book your free consultation today with one of our advisors to get started with your Citizenship or Residence by Investment journey here.

Easy Traveling In The Schengen Region

Easy Traveling
Schengen Visa and Passport

Easy Traveling the increasingly fast-paced, technologically advanced world calls for greater agility and freedom of movement. These advancements have sparked a strong interest in residency through investment programs that yield easy travelling and hassle-free moves between countries. These highly sought-after residency programs enable effortless intercontinental mobility. In addition, they afford physical and financial security – an unmatched benefit for investors and their dependents.

Benefits of Visa-Free Travel

Visa-free travelling allows an individual to move seamlessly between countries. It eliminates tedious application processes and extensive planning that is usually a requirement of international travel while permitting travellers to pass through border control quickly and with great ease. This is an invaluable benefit to those who travel frequently.

Explore the Schengen Region  

The Schengen Region is consisting of 26 European countries that function as a single jurisdiction for international travel purposes. It has a common visa policy, allowing easy movement between two member countries. This region is home to some of the world’s most developed cities and best-established networks, diverse business opportunities. Obtaining a European passport that permits easy access to the Schengen Region unlocks the doors to business expansion and foreign exploration.  

Residency by Investment Programs in Europe

Residency by investment programs in Europe allows families the a second residency in a world-renowned destination. These families can choose among various investment options, including the acquisition of property or capital investment.

Residency Programs in Portugal

Portugal’s ‘Golden Visa’ allows an investor to acquire a second residency in one of the world’s most sought-after regions. This investment opportunity facilitates easy travelling, tax benefits and a secure backup plan in Europe. Investors can choose from a wide selection of available properties in Portugal, including apartments, houses, villas, resorts, and shared estates.  

Residency & Citizenship Programs in Greece

Greece, a country in south-eastern Europe, made up of thousands of islands that are situated throughout the Aegean and Ionian seas, is famous for its exotic beaches, historic architecture, and ancient landmarks. It has become a well-known global destination for vacationers, boasting a thriving tourism industry that welcomes millions of visitors each year.

The Greek residency by investment program affords to live through the acquisition of real estate or capital contribution, possibly obtaining citizenship after a stipulated period. It also allows investors and immediate family members to enjoy visa-free travel to countries in the EU.

Your trusted partner in Citizenship by Investment  

At Passport Legacy, we offer a range of citizenship and residency by investment programs. Our team has 25 years of combined experience in the industry, as well as a wide range of properties that can be purchased to secure a second residency and acquire dual citizenship. Please book your free consultation today with one of our advisors to get started with your Citizenship or Residence by Investment journey.