Second citizenship provides an opportunity to travel the world without a visa, or with a visa on arrival. Second citizenship opens new business horizons and entitles you to the same benefits regular citizens enjoy including beneficial tax regimes, world-class healthcare and education systems, and many more.
A second residency is one obtained in a different country in addition to the primary or current residency of the applicant. A significant number of countries allow their citizens or residents to hold multiple residencies and benefit from all of them.
Residency by Investment, similar to Citizenship by Investment is a category of the residency law which allows individuals to obtain legal residency into a country by making an investment in a designated government-approved sector. The difference between a Residency by Investment and a residency obtained by conventional process is that the residency through investment has little or no physical residency requirements.
Holding a second residency provides different benefits, such as the ability to live and work freely in two nations and travel between the countries easier. Dual residents receive the benefits and privileges offered by each country; they are also allowed to work in either country without needing a visa or work permit and can attend university in the country where they reside.
Immigration by Investment programs are an entirely different category for obtaining a resident status in the countries that offer it. Usually, the category requires or is related to the establishment of businesses or introducing branches in the designated country. They are an attractive option for business owners to gain access to international markets and benefit from the respective country’s regulation and services.
If you have a thriving business but find that geographical boundaries restrict its potential, then an Immigration by Investment program may be perfect for you. Aimed at business owners and individuals who are inventive and driven; these programs offer accessible solutions for establishing your business or business idea internationally.
Countries that offer Immigration by Investment include UK, Ireland and USA among others.
By applying to an Immigration by Investment program, your family will have the opportunity to relocate smoothly and in a shorter time span. When you have a family business, Immigration by Investment programs provide a platform to develop your business further in a stronger economy.
Yes, you can include qualified members of your family in the application or add them after you have obtained your citizenship for an additional fee. A qualified family member can be a child not older than 18 years, a child up to 28 years of age that is currently enrolled in an educational institution, a spouse, parents and in-laws all of which are financially dependent on the main applicant.