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Luckily, a number of countries offer Citizenship by Investment (CIP) programs where money — normally invested in real estate — can actually buy a second passport, and the elite status that ...
Citizenship by investment programs enable the applicant to rapidly obtain citizenship with no required residence period, or only a short nominal period measured in days or weeks. These are often known as "golden passports" or "cash-for-passport" programs, offering visa-free travel and possible tax advantages.
[12] [13] It is estimated that each year, hundreds of wealthy people spend a collective $2 billion to add a second or third passport to their collection. [14] It is estimated that in 2018, €100.6 million came in to Cyprus in revenues from the Cyprus citizenship by investment program. [15]
This American spent six figures on a second passport so he could travel there. Will Ripley, CNN. February 18, 2025 at 6:13 AM ... a Caribbean nation known for its citizenship-by-investment program ...
At the time of termination, qualified investors needed to have at least two years of business management experience; have a minimum net worth of CAD$1,600,000 (legally obtained); alone or with their accompanying spouse, make an investment of CAD$800,000; and meet certain health and security requirements. [4]
El Salvador became the first country to accept Bitcoin as legal tender. Now it’s offering citizenship for a $1 million ‘investment’
Dominica Citizenship by Investment Logo. The Commonwealth of Dominica has been operating a citizenship by investment programme since 1993, [1] making it the second Caribbean island-nation to launch one such programme – having been preceded by the Federation of St Kitts and Nevis.
The Henley Passport Index is an annual ranking of countries in the world based on how many travel destinations are accessible to the passport holders without a prior visa. [11] The Investment Migration Climate Resilience Index by the company assesses a country's climate resilience and ranks climate resilient locations for migration. The 2022 ...