The 21st century was supposed to be all about frequent travel without any fears and restrictions. But the COVID’19 outbreak literally ruined all the travel plans and home-bound everyone. Apart from travel restrictions, people are concerned about their family’s future in terms of education and healthcare. In addition, Being a citizen of a developing country, getting access to quality & timely healthcare facilities is very difficult. People who have a high net worth are looking for a Plan B. Now, what do you think a Plan B can be? The answer is 2nd Passport to a country with better exposure and a quality lifestyle. Also, second citizenship unlocks the opportunity to travel visa-free to 145+ countries.
From 2020 onwards, life has taken a shift and these uncertain times have an impact on everything including businesses. For people who want to expand their business, 2nd passport is a key for them to unlock many business opportunities all around the globe. Moreover, countries that offer second citizenship have a stable economy and better political system that gives maximum rights to their citizens. Also, Most of these countries have a citizen-centric approach and make sure that people feel safe and self-sufficient enough to be a citizen.
What are the benefits of having a 2nd passport?
- There is no residency or travel requirement.
- Applicants can get citizenship in just 90 days.
- You can add your whole family as dependents including spouses, children, parents, grandparents, and siblings.
- Applicants and dependents have permission to live and work around the region.
- Visa-free travel access to 145+ countries including UK, Schengen Region, and the Entire Europe.
- The applicant is allowed to have dual citizenship which means you can get benefits from both passports.
- Investing in government-approved real estate projects to get a 2nd passport will promise you great returns on your investment.
- There is a huge relief on taxation on your second passport.
- Easy access to the world’s best education, healthcare, and overall lifestyle.
- Moreover, Second citizenship passes on to generations, your one-time investment is a lifetime gift for upcoming generations.
Who is eligible to get a Second Passport?
People usually explore the eligibility factors to get second citizenship for the whole family. However, it is a great opportunity but people are afraid of legal hurdles and the documentation process. Although, there is a common misconception that relocating to a country is a long hectic process. Accordingly, some general requirements are as follows:
- Applicant must have a high net worth.
- Applicant must possess excellent health.
- No specific education requirement.
- No interview or language test is needed.
- Applicant & dependents must have no criminal history.
- Moreover, There is no need to stay in the country to complete the process.
What are the options you can consider to get a 2nd passport?
There are a lot of countries providing residency and citizenship to international investors. European countries usually offer residency which is leading to citizenship after a certain time duration so investors cannot enjoy the perks of being a citizen right away. International investors prefer citizenship over residency and some of the popular yet reliable citizenship by investment programs are as follows:
Dominica Citizenship by Investment
Dominica is a Caribbean island country with lush green trees and turquoise blue beaches. Foreign investors can invest an amount of $220,000 in a government-approved project, Hilton Tranquility Beach Resort. Similarly, investing in this project promises you great returns on your investment. Another option is to contribute $100,000 to Applicants who can add their whole family as a dependent including spouse, children, parent, grandparents, and siblings of the applicant and of the spouse. With travel freedom to 145+ countries, Dominica offers you lifetime citizenship with zero taxation on worldwide income. Your Dominican Second Citizenship is just 90 days away from you.
St. Kitts & Nevis Citizenship by Real Estate Investment
This is one of the oldest, most economical yet reliable citizenship programs. St. Kitts & Nevis is a beautiful island country in the Caribbean region with a very calm & peaceful vibe. Foreign investors can invest $200,000 in real estate projects and get citizenship in 90 days. You can also make a donation of $100,000 to the national fund of the country to get citizenship. Being a citizen of St. Kitts & Nevis, you will get the freedom of mobility towards 145+ destinations. Also, St. Kitts & Nevis has zero taxation on worldwide income.
Antigua & Barbuda 2nd Passport by Investment
Antigua & Barbuda is located on the meeting point of the Atlantic & Caribbean, consisting of two major islands as it is named, and multiple smaller ones. Basically, this Citizenship by Investment program got popular during the years 2020 – 2022 and many foreign investors relocated to the country. The country offers three options to get citizenship. Firstly, foreign investors can get citizenship by investing which is refundable. Further, there are options to donate $100,000 to the National fund or $220,000 investment in real estate. Processing time for this program is 90 days as well along with visa-free access to 145+ countries.
Turkey Citizenship by Investment Program
Turkey is one of the best travel destinations in the last decade. Turkey’s real estate is growing and contributing to the economy for a long time and foreign investors are very keen to achieve the Turkish Second Passport. However, applicants need to make an investment of $400,000 in real estate to get citizenship in 90 days. Moreover, there is another option to make a bank deposit of $500,000 in a Turkish ban to get citizenship. With a Turkish Passport, you can get access to 111+ countries including the UK, USA, Entire Europe, Hong Kong, and Singapore.
How Saad Ahsan Immigration Law Firm can Help You?
Saad Ahsan Immigration Law Firm is a pioneer and most reputed firm in the immigration industry. With a team of expert advisors, we promise our clients a 100% success rate. We provide you with complete assistance to our clients from case preparation to final approval. In addition, You can book an appointment and start your application today with our relevant advisor. We will not only save you time but also ensure the approval of your application.
We understand that while making a huge investment you feel confused and there is a lot on your head. Do not worry, we have a team of experts to address all your concerns and satisfy you with our client-serving strategies. We are just one call away to provide you with support toward your dream lifestyle.