Garutman Advisors

C295, South Ex, Delhi

Contact Us

FAQ

Frequently Asked Questions (FAQ) on Citizenship by Investment

1. What is Citizenship by Investment (CBI)? Citizenship by Investment (CBI) programs allow individuals to obtain citizenship in a country by making a significant financial contribution, such as investing in real estate, businesses, or government funds. These programs are designed to attract foreign investment and boost economic development. citeturn0search0

2. How does CBI differ from Residency by Investment (RBI)? CBI programs grant full citizenship and a passport, often without requiring physical residence. In contrast, Residency by Investment (RBI) programs provide legal residency, allowing individuals to live and work in the host country, with the possibility of obtaining citizenship after fulfilling specific residency requirements over time. citeturn0search0

3. What are the typical investment options available under CBI programs? Common investment routes include:

  • Government Contributions: Non-refundable donations to a national development fund.
  • Real Estate Investments: Purchasing government-approved properties, often with a minimum holding period.
  • Business Investments: Investing in or establishing businesses that create jobs or contribute to the economy.
  • Government Bonds: Investing in interest-free government bonds for a specified period.

4. Which countries offer Citizenship by Investment programs? Several countries provide CBI programs, including:

  • Caribbean Nations: Antigua and Barbuda, Dominica, Grenada, St. Kitts and Nevis, and St. Lucia.
  • European Countries: Malta and North Macedonia.
  • Others: Turkey, Jordan, Egypt, and Vanuatu.

Each country has specific investment requirements and benefits associated with its program. citeturn0search16

5. What are the benefits of obtaining citizenship through investment? Benefits include:

  • Visa-Free Travel: Access to numerous countries without a visa.
  • Business Opportunities: Ability to operate businesses in the host country and, in some cases, access regional markets.
  • Personal Security: Alternative residency options in times of political or economic instability in one’s home country.
  • Tax Advantages: Potential tax benefits, depending on the country’s fiscal policies.

6. Are family members included in the application? Yes, most CBI programs allow the inclusion of immediate family members, such as spouses, children, and sometimes parents or grandparents, either at the time of application or through subsequent applications. citeturn0search6

7. How long does the application process take? The processing time varies by country but typically ranges from 2 to 6 months, depending on the program and the complexity of the applicant’s profile. citeturn0search0

8. Is physical residence required to maintain citizenship? Many CBI programs do not require applicants to reside in the country before or after obtaining citizenship. However, some countries may have minimal residency requirements, so it’s essential to verify specific program details. citeturn0search0

9. What are the costs associated with CBI programs? Costs vary significantly depending on the country and the chosen investment route. For example, Caribbean programs may start with investments around $100,000, while European programs can require investments exceeding €600,000. citeturn0news9

10. Can my citizenship be revoked? Yes, citizenship obtained through investment can be revoked if the individual is found to have provided false information, engaged in criminal activities, or failed to maintain the required investment for the stipulated period.

11. How do I choose the right CBI program? Selecting the appropriate program depends on factors such as investment capacity, desired benefits (e.g., visa-free travel destinations), processing time, and family considerations. Consulting with experienced advisors can help align program options with your personal and financial goals.

Embarking on the journey of obtaining a second citizenship is a significant decision. At Garutman Advisors, we are committed to providing personalized guidance to help you navigate the complexities of Citizenship by Investment programs.