Embed Size (px)
DESCRIPTION
If you are in need of a second citizenship then you will have to consider a certain number of issues to make the right choice.
Citation preview
SECOND CITIZENSHIP – DISCRETIONARY VS INVESTMENT BASED
CITIZENSHIPS
If you are in need of a second citizenship then you will have to consider a certain number of issues to make the right
choice. Do not hesitate to contact me at [email protected] if you have questions
Investment Based Citizenship
An investment based citizenship is a citizenship which is based on an official program which is proposed by a given
country. For example, Commonwealth of Dominica, Saint Kitts & Nevis for Caribbean citizenships or Bulgaria, Cyprus
or Malta for European based citizenship.
Investment may be under the form of a non-refundable donation such as for example for 1 person 100,000 USD in
Commonwealth of Dominica or 250,000 USD in Saint Kitts or it can be mix with part donation and part investment
such as for example Malta with a 650,000 Euros donation and an investment of 150,000 in stock exchange and
renting or purchasing a house
Investment may be under the form of a refundable investment such as for example investment in real estate of
400,000 USD in Saint Kitts or in Government bonds such as for example Bulgaria that requires a five years 1,000,000
euros investment in government bonds.
Discretionary Based Citizenship
Discretionary citizenships are not based on an investment or do not result of an official program but are based on
local connections. For an example Gerard Depardieu Russian passport was issued discretionarily. Discretionary
citizenships do not require an investment.
Investment Based Citizenship vs Discretionary Based Citizenship
In order to obtain an investment based citizenship you will not only have to invest into the country but you will also
have to be subjected to a formal process of due diligence requiring you to provide many personal and financial
information’s. Because of this the process to obtain an investment based citizenship will be more fastidious and take
longer. We used to be able to process Saint Kitts citizenship in 6 months but now you may be lucky if it is done in 12
months.
Discretionary citizenship requires a minimum of documents and can be processed in 2 months or if you are in a hurry
and ready to pay an additional fees could even be done in 1 month.
Cost Efficiency
Of course in terms of cost efficiency, discretionary citizenship will be less costly as they do not require an investment.
Discretionary citizenship price in Central America start from 59,900 Euros or 65,000 USD all included.
