Your Reasons for Getting a Second Citizenship


Posted August 10, 2018 by PassProAR

Having the option of being a citizen of another country, as opposed to just being a resident, gives you a stronger legal status.
 
While the reasons for getting a second citizenship vary from person to person, the key reasons are mostly the same. These include: greater security for the entire family, opportunities for visa free travel, and greater financial flexibility. Getting a second citizenship and second passport is today considered to be one of the best investments towards greater mobility and social security.

Having the option of being a citizen of another country, as opposed to just being a resident, gives you a stronger legal status. This is particularly too for citizens of strife-torn countries, who are affected by the turmoil in their current country of citizenship. For such people, getting a second passport opens up a whole new world of opportunity.

Where visa free travel is concerned, depending upon the citizenship by investment program that you choose, you can get visa-free or visa on arrival access to 80% of the world. Imagine the benefits of that – of not having to apply for a visa each time you travel, and the saving of cost, time and effort, especially if you are a frequent traveler.

The third key reason for getting an easy second citizenship by investment is the enhanced financial flexibility. You have more options to grow your business, choose your business locations, open and operate bank accounts, structure your investments for best returns, and make your money work harder and smarter for you.

Some Caribbean countries such as Dominica, Grenada, St Lucia, St Kitts & Nevis, Antigua & Barbuda are considered easy citizenship countries. This is due to the fact that they offer some of the cheapest citizenship by investment options, while also offering the fastest second passport, and also among the strongest passports globally. You can get a second passport from any of these countries within 3-6 months. Budget starts from USD 100,000 plus advisory fees for single applicants and from USD 150,000 plus advisory fees for a family of 4.

In Europe, Cyprus offers the fastest citizenship by investment, without the need for any residency. You can get a Cyprus passport and Cyprus citizenship by investment within 3-6 months. Budget starts from EUR 2 Million plus advisory fees.

When choosing the second citizenship program, ensure you work with a Government Authorized Agent and one who has extensive experience in the field. They should guide you into choosing the best plan based on your needs, family size, travel plans, residency plans, education requirements, budgets and other relevant considerations.

Ensure that the chosen country operates a legal citizenship by investment program that is backed the Constitution of the country and can’t be changed even if there is a change in the Government of the country. Ask for a copy of the law which provides for the second citizenship by investment guidelines. The program should be binding and irrevocable, even for the future generations.

Investment in a second citizenship is one of the most important decisions you will make in your lifetime, so ensure you do your research well and partner with the right citizenship agent.

For more information please visit www.passpro.co/ar
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Issued By PassPro
Country United Arab Emirates
Categories Biotech
Last Updated August 10, 2018