123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Legal >> View Article

Get To Know Some Great Things About Citizenship Programs.

By Author: Hudson Mckenzie
Total Articles: 65

In this article, you’ll get to know about some important details pertaining to various citizenship programs.

Portugal

Properties purchased for less than this price are of inferior and outside major cities in Portugal not worth buying. Portugal is a Schengen country, and you will be given residence permit valid for entry/exit through any member state in EU. No requirement to live in Portugal. You might want to come to Portugal for fingerprinting once in a year or two years. After 5 years Permanent Residency and after that +1 year, you can apply for Portuguese citizenship (means 6 years total) in a warm and sunny western European country. Recently Portugal have had problems with issuing residence permits to Chinese investors, caused delays, but seem to be on the track now.

St Kitts and Nevis

Citizenship programs in St. Kitts require just $250,000 donation, plus there are various charges and they will give you instant passport in about 8 months. Citizenship programs in St. Kitts are quite popular among them who have lots of problems with Canada and USA. Recently Canada canceled visa waiver agreement with St Kitts citing St Kitts selling passports to Iranians and Syrians. In 2014, US have accused St Kitts of facilitating financial crimes from passports obtained through Citizenship by investment program. Real estate in St Kitts is overpriced which are sold over 400,000$ and the total price for real estate + citizenship will go as high as $590,000. Many of those from the Middle East, prefer $250,000 a cheap, best and fastest route. They don’t want to buy real estate from a faraway country, wasting so much money buying real estate.
Switzerland

Switzerland has business program which requires CHF 1 million or more turnover in Business. Another option is if you don’t intend to work, you can get residence in any Swiss canton by paying a lump sum tax (CHF 250,000) every year, plus you should rent or buy a house to live.

The problem with Switzerland is yes beautiful country to live, very expensive, PR only after 10 years of living and Swiss citizenship after 12 years of living (very difficult to get Swiss citizenship too). Swiss taxes are very high too for the rich!

United Kingdom

UK has a popular “entrepreneur program” where you have to start a company in UK with £200,000 pounds. You cannot work outside except for your company under this program. If you have more money say £2 million pounds, you can get residency in 2 months.

The problem with UK is you have to spend 8 months every year to qualify for PR and after 5 years you get UK citizenship. Another problem is with UK visa or residence permits; you cannot visit Schengen countries, having invested that kind of money. If you don’t want to live in UK then this program is not for you.
After the Brexit, i wonder UK is of any interest! If you look on the flip side, yes because pound is weak now, UK investor program is the cheapest.

More About the Author

We are a city law firm based in London with the personal approach, responsiveness and creativity of a boutique practice to our clients. It is recognized for its best expertise by various legal directories including The Legal 500. Lawyers and Solicitors who understand you and your problem and helps to recover from it.

Total Views: 11Word Count: 498See All articles From Author

Legal Articles

1. Steps To Take Before Hiring A New Jersey Drunk Driving Attorney
Author: Thomas Mallon

2. Affordable Modern Benefits Of New Houses Available To Buy In London, Ontario
Author: Carl Glendon

3. Protect Your Rights As A Citizen With The Help Of Civil Rights Attorney Nj
Author: Thomas Mallon

4. The Price Of A First-time Dui
Author: Elite DUI Lawyers

5. Should I Hire A Workers’ Compensation Attorney?
Author: Azwork Complaw

6. Top Reason Why New Jersey Personal Injury Attorney Is Needed For The Case
Author: Thomas Mallon

7. What Should Standard Divorce Papers Include?
Author: Carl Glendon

8. The Important Things That A Partnership Agreement Contract Must Address
Author: Carl Glendon

9. 3 Signs It's Time For A Child Support Law Firm
Author: Teresa Beyers

10. How Does A Release Waiver Agreement Work?
Author: Carl Glendon

11. Myths On Personal Injury Attorney Toms River Nj You Should Not Believe
Author: Thomas Mallon

12. Legal Proceedings In Saudi Arabia
Author: Hejailanlaw Firm

13. Effects On Employment Law And Immigration Policy.
Author: Hudson Mckenzie

14. How To Choose From The Best Citizenship By Investment Programs?
Author: Hudson Mckenzie

15. London Immigration Lawyers – Playing An Indispensable Role In The Economy.
Author: Hudson Mckenzie

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: