The Importance of Alternative Citizenship and Golden Passports to Investors

The Importance of Alternative-Citizenship-and-Golden Passports to Investors

Investors and entrepreneurs who are constantly travelling, as well as wealthy and high-net-worth individuals, all have one thing in common and that is the need to travel freely and conduct business in the easiest manner possible, in order to seize every opportunity that comes their way. This can easily be achieved just by owning an alternative citizenship and golden passport, which offers its holders many benefits, such as greater mobility to over 160 destinations, tax exemptions, new business openings, the chance to live in a country that is economically stable and with improved standards of living, as well as access to robust, first-rate education and healthcare systems for the family.

The demand and number of applicants for dual citizenship and second passports has increased by 60 per cent since last year, especially among Arab expats living in the GCC, such as Syrians, Lebanese, Iraqis, Jordanians, Egyptians, Tunisians, Palestinians, Algerians, and holders of other nationalities. These investors pursued an alternative citizenship for a variety of reasons, such as obtaining a powerful second passport from a stable country, which can be life-saving in the event of any kind of social, economic, or political unrest.

bluemina citizenship

Bluemina Citizenship and Residency, a leader in offering the most reliable and legal alternative citizenship and golden visa by investment programmes since the mid-nineties, offers the most sought-after citizenship-by-investment programmes, such as those of Saint Kitts and Nevis, Dominica, Grenada, St Lucia, Malta, and Turkey, as well as permanent residence programmes from European countries, including Portugal, Greece, and Cyprus, in addition to the Canada Start-up Visa and the USA EB5 Investor programme. Bluemina has helped thousands of individuals and families obtain lifetime citizenships and residencies from around the world. 

One of the most sought-after citizenship-through-investment programmes is that offered by Saint Kitts and Nevis, which is a dual-island nation that has always been popular among tourists looking for a fascinating exotic destination. The island is very well known for its Citizenship by Investment programme, which was established in 1984, making it the first and longest-running stable programme of its kind.

Another key benefit of this lifetime citizenship, which will be passed on to future generations by descent, is the ability to apply for a long-term travel visa to the United States.

Investors and their families will be able to enjoy the many benefits a Saint Kitts and Nevis passport offers without renouncing their current nationality, since the country permits dual citizenship. Benefits include the ability to include dependent children under the age of 30, parents above the age of 55, and unmarried siblings below 30. Also, visa-free travel to more than 160 countries around the world, including the UK, Europe, the Schengen Area, Hong Kong, and Singapore, in addition to a favourable excise environment with no taxes on world income, wealth, dividends, and inheritance. Another key benefit of this lifetime citizenship, which will be passed on to future generations by descent, is the ability to apply for a long-term travel visa to the United States. The investor can obtain an American visa within just weeks, valid for ten years, with multiple entry.

Samer, a Syrian businessman living in Dubai, obtained the Saint Kitts alternative citizenship and second passport through the Bluemina Dubai office in 2021 for himself and his family, including both his parents. The entire family now enjoys regular travel without the hassle of applying for travel visas to various countries in Europe. Additionally, Samer has been able to expand his e-commerce business freely, opening companies and bank accounts in England, Switzerland, and Spain, not to mention the access his family instantly received to first-class healthcare and education systems in Europe.

Another strong and popular programme among wealthy Arab families is the Portugal Golden Visa, which can be achieved only through government-approved commercial real estate investment. The Portuguese Golden Visa Programme gives non-European citizens the right to live, work, and study in Portugal, or anywhere within Europe’s Schengen zone. The programme has a quick processing time of six months, and a low minimum residency requirement of only seven days a year or fourteen days every two years.

With a golden visa and European permanent residence, investors and high-net-worth individuals can travel freely without a visa to all 26 European countries in the Schengen Area once they obtain the residency card, as well as register and operate businesses in Portugal and Europe, giving them access to a wider market and a more expansive professional network.  It is also a pathway to dual citizenship, as investors and their families have the choice of applying for citizenship after a few years from the initial investment.

portugal

Professionals and investors who meet the set of requirements can visit any of the Bluemina Citizenship and Residency by Investment regional offices located in UAE, Qatar, Jordan, Egypt, Iraq, Kurdistan, and Palestine, or check out the virtual office experience and apply now to any of these certified and legal programmes. Take the first step towards a better life and secure the future of your family.

Contact Bluemina Regional Offices:

  • UAE +971 52 555 9031
  • Qatar +974 5022 5887
  • Jordan +962 79 62 666 62
  • Egypt +20 100 0399 472
  • Palestine +972 59 482 8400
  • Erbil & Sulaymaniyah +964 751 001 1666
  • Baghdad +964 784 640 4037

For further information, kindly visit: www.bluemina.com    

The views expressed in this article are those of the authors and do not necessarily reflect the views or policies of The World Financial Review.