Having global citizenship opportunities is the most profitable deal you can avail of. Several countries, such as St. Lucia, Dominica, Grenada, Vanuatu, and more, are great options for investment immigration. These countries are way more profitable, and easier to get visas through investment programs.
These countries provide numerous benefits with various investment programs. Now, you must be thinking of how many citizenships and passports you can have. So you can have innumerable citizenships and passports according to your needs. As citizenship offers you the freedom to live, work and stay. So, according to this rule, you can stay, live or work globally. It also provides some tax benefits, which we will discuss in this article.
Hence, this article will provide all the basic and advanced information according to your needs.
What is Global citizenship?
Global citizenship means you can travel and stay in any country which you have obtained the visa for. You will not be confined to a particular nation or government. Your choice of passport accesses you international freedom through which you can unlock the potential of what the world has to offer you. Different countries' passports have additional benefits; some provide visa-free travel to 142 countries. So, choose your passport carefully.
How many citizenships and passports can you have?
It might be the question that often comes to your mind. So, your answer is as many as you want according to your needs and requirements, but it will mostly depend on your native country. Some countries allow dual or multiple citizenship, but some do not. Countries such as India and Singapore do not permit dual citizenship; in that case, if you get another country's citizenship, then maybe your native country's citizenship and passport will be revoked.
Benefits of global citizenship through investment programs
There are several benefits to having global citizenship through investment programs, which we will discuss in this section. Let’s go through it.
Tax benefit
You may avail of several tax benefits after obtaining global citizenship through investments. It can be a beneficial step toward a tax-free lifestyle. You might wait to get the rebates immediately from your tax situation, but it would be a significant step to be considered.
Educational benefits
If you have children, global citizenship will be an excellent opportunity for you and your children because it allows them to attend any international school or university for their high-quality education. They will be eligible to participate in some of the best universities, such as Harvard, MIT, Oxford, and Stanford, enhancing their career.
Near unrestricted traveling,
You can avail of unrestricted travel to over 142 countries around the globe. You can also turn them into potential business ventures if you capitalize on them. Global Passport allows you to access challenging markets like China, Russia, and America.
Financial liberty
It gives you the full right to invest or spend your money. There will be no interference from the government who are dictating. It gives you complete freedom to afford the lifestyle you want for yourself and your family.
Plan B
It gives you a second chance to think in case a pandemic arises in your country. You can immigrate to another country to protect yourself and your family if you have global citizenship.
Increase in business opportunities.
Global citizenship increases the ability to expand your business globally because it provides access to a more extensive market base.
No Job Requirements
For obtaining global citizenship, jobs are not required in a specific country; you can invest in any commercial enterprise. This investment requires no job offer or a particular set of skills. It means you can invest in any business or project the government approves or create your own business.
Quality of life
Global citizenship provides you with a better quality of life. It gives you and your family access to explore a different culture so that each of you can develop a broader perspective. It also provides safety and security to you and your family members. It plays a vital role in your children's education.
Best places to avail global citizenship through investment
Not all countries provide the dual citizenship facility, but some do. Hence, we will discuss some countries where you can avail of citizenship through dedicated investment programs.
Dominica
Since 1993 the Commonwealth of Dominica has started to provide citizenship through investment programs. It offers visa-free travel to over 145 countries and settlement in other countries. It also offers a ten years visa for the US. There are various investment options in which you can invest 200000 USD in real estate, which can be resold after three years.
While other investments may be cheaper, one of them is the Dominica Economy Diversification Fund. The investment made in the Dominica Economy Diversification Fund is non-refundable, but it is beneficial for the country's residents.
Antigua and Barbuda
It provides visa-free travel in 150 countries, including Singapore, the UK, and Hong Kong. It also offers a 10-year visa for the US. It provides four types of investment with a specific minimum amount.
You can contribute to National Transformation Fund North with a minimum amount of 100000 USD, invest in real estate of more than 200000 USD, in University with a minimum amount of 150000 USD, and in business with a minimum amount of 1500000 USD, which is expandable according to your will.
St. Lucia
It provides visa-free travel in 147 countries with 10- years of visas to the US. It offers four types of investment options: real estate investment, business investment, Government bond investments, and contribution to the National Economy Fund.
St. Kitts and Nevis
It provides visa-free travel in 157 countries with 10- years of visas to the US. It offers limited investments with two options. You can invest in real estate, donate to the government, or invest in both.
Grenada
It provides visa-free travel in 157 countries with 10- years of visas to the US. It offers limited investments with two options. You can invest in real estate for over 220000 USD or contribution to the National Transformation Fund for over 150000 USD, or you can invest in both.
Conclusion
A global investment opportunity is the best way to explore other countries. It provides benefits with diverse life experiences. It gives you the freedom to live, work or study anywhere globally. You must also prefer your needs and requirements. This article will help you make an informed decision.