Resources

How to Assess Citizenship Programmes?

Citizenship by investment (CBI) programmes were devised to provide a win-win solution for both the host country and investors. However, acquiring a second citizenship isn’t a decision to be made lightly. In fact, not all the programmes are suitable for your needs or lifestyle. Read on for our guide to assessing which CBI programme is right for you and your family.

Assessing where to apply for second nationality

At CS Global Partners, we help our clients gain a second nationality through CBI programmes. However, we will only ever advocate programmes that are fully legal and meet our clients’ circumstances and priorities perfectly.

With such a range of options available to applicants, we set out to establish six key criteria which potential investors and citizens-to-be can use to assess which CBI programme best matches their needs.

Six Questions To Ask When Choosing a Second Citizenship Programme

  1. What are the Residence requirements?
    Some CBI programmes, such as those for Malta and Montenegro, stipulate that applicants need to spend an extended period of time living in their host country in order to qualify for second citizenship. While there is no problem with this from a legitimacy standpoint, it’s also crucial that you are able to relocate for the duration of this period before applying.
  2. How easy is the application process?
    The timeline of applying for a CBI programme varies depending on the country where you wish to gain citizenship. Some countries take months, while for others, it will be years before your citizenship is formally granted.
  3. Is the programme legitimate?
    While searching for citizenship solutions, always look for CBI programmes supported by the legislation of the country and be aware of scams. You need to be 100% certain that you are applying for a genuine program and thoroughly research any second citizenship programmes before making any financial commitments.
  4. How much do I need to invest?
    All second citizenship programmes require a minimum level of investment, while some offer a range of options and opportunities at different costs. Make sure to choose one you can afford and which offers the benefits you’re looking for from a CBI programme.
  5. Are there any restrictions?
    Again, depending on the country to which you are applying for second citizenship, there may be conditions by which you must abide to be eligible at all. For example, nations may require a certain minimum net worth for applicants to its CBI programmes, as well as passing background checks on your health or criminal record.
  6. Who else will my investment cover?
    If you are looking to offer your spouse or family members the opportunity to gain second nationality alongside you, be aware that not all CBI programmes will extend citizenship to next of kin. Alternatively, you may be required to pay an additional economic contribution per family member. Be aware of this when deciding which citizenship by investment program is right for you.

 

Get in touch with CS Global Partners today and let us help you determine which second citizenship programme is right for you.