Allow Dual Or Multiple Citizenship
OFFSHORE TAX HEAVEN & WORLDWIDE IMMIGRATION Citizenship by investment (“jus pecuniae”, CIP) and Residence by Investment Programme (“golden visas”, RIP) have seen big growths in recent years. Jus pecuniae means acquiring citizenship against financial contribution. But citizenship for many immigrants, comes at a significant financial cost. Investment based citizenship/residency programmes may or may not require the applicant to reside in the country prior to naturalization. There are mainly two routes, that lead to citizenship under investment option, one through naturalizing with residency and other without residency leading to direct citizenship with a passport. The number of countries offering such schemes based on economic investment have increased, fueling global demand for passports and visas. Citizenship by investment programs (CIP) gets you fast track citizenship within months, waiving naturalisation requirements such as residency, military service, language requirement etc. This is one of the main reasons why citizenship by investment programmes are so popular and also less time consuming. The citizenship given is lifetime can be passed on to future family generations through children. Residency by investment programs (RIP), grant citizenship through residency usually takes years of uninterrupted living to naturalise for citizenship. You must also fully integrate to culture, language etc. You may undergo military service to naturalise for citizenship in some countries. In most countries, if you dont live in the country enough (absent for more than 3 months), you won’t even qualify for Citizenship or Green card. The processing time of citizenship applications through naturalisation may take many months or more than a year. It is worth pointing out that some countries like United Kingdom require a PR status before applying for citizenship.
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