FAQ #3 - What is Citizenship by Investment?
FAQ: What is Citizenship by Investment?
Citizenship by investment (CBI) means obtaining citizenship of a country through a significant investment in that country, as specified in that country’s laws and regulations. The concept of CBI was first developed in St Kitts and Nevis, officially known as the Federation of Saint Christopher and Nevis when it was enshrined in section 35 of the country’s Citizenship Act of 1984.
Steps to qualify for citizenship:
In order to qualify for citizenship, an applicant must undergo a multi-tiered vetting procedure that utilises both local and third-party agencies. An applicant can legally acquire citizenship once their application has been approved, and they may apply for a passport thereafter.
Benefits of dual citizenship:
Since 1984, the initiative has been adopted in many countries across the globe. The programme is seen as an effective way of raising capital for the host nation’s economy whilst also offering applicants an attractive investment opportunity and the dual citizenship benefits that come with it. These include:
• Access to key business hubs
• The right to live, work and study in the country
• The invaluable option of passing down citizenship by descent
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CS Global Partners is the world's leading government advisory and marketing firm, specialising in residency and citizenship by investment solutions. We work closely with governments to increase their foreign direct investment and advise professionals on the best citizenship and residency programmes for their clients. We also work closely with our network of professional advisors, guiding them to find the best solution for their private clients. Since the company was established in 2012, our ethos has always been to find a win-win solution for all our stakeholders.
We can help you with your queries and advise you on which option is the best for you and your family.
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For more information visit: https://csglobalpartners.com/
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