Tuesday 11 September 2018

Citizenship by Investment - What Makes it Worthwhile?


Citizenship by investment is basically a standard process, which is immensely helpful for you to obtain a second citizenship as well as passport. This is an option that’s lucrative for HNI individuals who can invest in the economy of the host country. Because it offers several benefits, it makes sense to try it once. Let’s take a look at some of them:

* Faster ProcessCitizenship by Investment in Abu Dhabi or elsewhere is a profitable option because it legally provides the status of citizenship as opposed to the traditional immigration processes. The applications can be approved within as little as three months and yet, providing several opportunities.

* Immense Security – There are many individuals, for whom security and safety is the prime focus. As such, wealthy people who want to secure their and their family’s future, can go for a second citizenship to save lives and their wealth. For instance, they will be eligible for social security, better education, prime healthcare and so on and so forth. This is a major factor that they take into consideration for applying for being a citizen of another nation.

* Freedom to Travel – When you have the passport of certain regions such as UK or the USA, you will not need visa to travel all over the country or many other countries as well. Moreover, for several other countries, you can also get visa on arrival. This is a great benefit, especially if you have to travel extensively for business expansion. This will help you avoid many hassles and save big time.

* Decrease Tax Burden – Another major advantage of being a second citizen is that the individuals can easily decrease the tax burden. This is due to the fact that there are certain states or countries, where the citizenship programs are low or there are no-tax jurisdictions. Hence, you can try for investing in countries where you do not have to pay income or corporate taxes once you have a foreign sourced income. This is what can help the investors easily and efficiently save and manage their wealth.

It is not always the individuals who stand to gain from dual citizenship. The countries also benefit from the funds obtained and therefore, use it for the development of the infrastructure and lifestyle of the citizens. Hence, if you too are looking forward to becoming a citizen of a preferred country via investment, contact the best immigration consultant and get started on it without delay. Cheers!

No comments:

Post a Comment