Political instability and the growing global economic downturn are driving demand among wealthy people from Russia, the Middle East, India, Pakistan and China to invest in second citizenship for themselves and their families in an attempt to protect their future and save their accumulated funds.
Arton Capital, a global financial company with offices in Dubai and around the world, offers immigration investment programs for wealthy individuals. The company advises clients on investment and financial decisions in those countries that offer citizenship in exchange for investments - Bulgaria, Canada, the USA, Great Britain, the islands of Saint Kitts and Nevis and the Commonwealth of Dominica.
Armand Arton, Executive Director of Arton Capital, believes that the increase in demand for a second citizenship is caused primarily by political unrest and economic instability in several regions of the world. “People use second citizenship as an insurance policy to be able to move their children to a safer place, if necessary,” Arton said.
“One of the main priorities for most of our clients is to protect financial assets if they find themselves in the center of political events. They also want to be sure that their children will receive the highest level education, for which it is advisable to have a passport providing visa-free access to the United States, Canada, and Europe, "Armand Arton explained.
In the search for the right immigration investment program When preparing a package of documents, which, first of all, must be taken into account?
Many Western countries gladly accept wealthy foreigners. The United States, Canada, the United Kingdom, and Singapore offer residency visas to those who invest enough in certain types of projects.
These programs do not automatically guarantee citizenship, but the presence of resident visas often leads to accelerated naturalization, and a significant amount of investment, in some cases, can accelerate citizenship. However, in almost all cases there is a minimum residency qualification and tax rates on global income.
"The rules have been tightened in traditional immigration investment programs today. Most countries, including Canada, the USA and the UK, require a physical stay in the country, sometimes for periods of 6 months or more, to fulfill citizenship requirements," said Arton Capital's legal adviser. This could be a major deterrent to investors.
However, a number of European countries, including Bulgaria, offer investment programs that allow foreigners to invest in national government bonds and obtain an unlimited residence permit for the whole family without the need for physical residence in the country. Currently, the Bulgarian parliament is considering a bill, if passed, the time required to obtain citizenship will be reduced from five years to one year for people willing to double their initial investment in high-priority projects approved by the Ministry of Economy of Bulgaria.
"The country also added another potential bonus," said Angel Kalinov, Consul General of Bulgaria in Dubai. “Bulgaria has already fulfilled all the necessary technical requirements for joining the Schengen agreement, entering the Schengen zone is a matter of the next few months, after which all residents of the country will be able to use the visa-free access to all countries of the agreement, including France, Italy, Portugal, Spain, Switzerland other".
Meanwhile, the Commonwealth of Dominica has also recently been offered the right of visa-free entry to the territory of Schengen countries, and since the country has already adopted a program for issuing citizenship for foreigners, Arton Capital predicts that the demand for passports of this island state will increase sharply. Today, a Dominica passport is offered in exchange for investments ranging from US $ 100 thousand to US $ 350 thousand (depending on the size of the family). This passport can be obtained within 6-8 months, after which investors will be able to enter more than 100 countries of the world without visas.
More information about immigration investment programs can be found on the Arton Capital official website at: www.artoncapital.com
