Enhancing your global mobility in 2024 is straightforward with RIF Trust. That’s because we’re an investment migration specialist who can advise you on both 1.) Residency by Investment and 2.) Citizenship by Investment. In this article, we’ll discuss these two routes to improve your worldwide movement in detail.
To understand what Residency by Investment means, simply invert the term. You make an investment to obtain residency. In our recommended programmes, this ranges from a minimum $150,000 up to a required $1.2 million.
We have a first-hand understanding of Anguilla Residency as we helped design and implement this programme. The cheapest option is to donate US$150,000 to the Capital Development Fund. Processing time is among the most straightforward and you’ll be a permanent resident of Anguilla within two to three months of applying.
Did you know that Canada is the second biggest country in size after Russia? So, you’re tapping into quite a market if you were to start a new company there. The beauty of the Canada Start-Up Visa is that with a mere C$275,000, you can become a Canadian resident after 24-30 months.
The celebrated Cayman Islands offer one of the most select Residency by Investment Programmes. Entry comes at a €1.2 million price. 4-6 months after applying, you can become a proud resident of this stunning British Overseas Territory.
€250,000 allows you to travel freely around the 27 countries comprising the European Schengen Zone. You don’t have to live in Greece and can earn rental income on your investment. Bear in mind that sustained demand for the Greek Golden Visa has pushed processing time back to between half a year and 12 months.
MPRP is another European route to enhancing your global mobility. Maltese due diligence is among the most stringent in the world, so they only accept the cream of the crop. €150,000 is the minimum investment and you’ll receive your residence permit within 6 to 8 months of applying.
The Portugal Golden Visa dates back to 2013 and helped this European country bounce back from economic freefall. This minimum €200,000 Residency has become a victim of its own success, however. Rising property prices for locals forced the government to strip out the real estate option and waiting times vary between 18-24 months.
Portugal’s loss has been its Iberian neighbour’s gain. Investors can now take advantage of the Spanish Golden Visa‘s property-focused offering. Buying real estate worth at least €500,000 earns you residency and a chance to become a citizen within 10 years (2 if you hail from a former Spanish colony).
Take your pick of 7 emirates to live in with the UAE Golden Visa. For a minimum €550,000 investment, you can obtain residency between 2 and 3 months. Dependants you can add to your application include spouses, children, and domestic staff.
Indefinite Leave to Remain in the UK is one of the draws of the UK Innovator Founder Visa. Another advantage, along with ILR, is the minimum £200,000 investment. Processing time takes from 4 to 6 months.
This US Residency by Investment leads to one of the most prized IDs: a Green Card. There is no lottery involved when it comes to living the American Dream. Invest at least $800,000 and accelerate your residency in the Land of the Free within 30 to 36 months.
For even more enhanced global mobility, we recommend Citizenship by Investment (CBI). You can expedite your eligibility for a second passport. There are eight premier CBI programmes.
The cheapest option for Antigua and Barbuda CBI is a $100,000 donation to the National Development Fund (NDF). After receiving this Caribbean citizenship within 5 to 7 months, you can qualify to apply for an Antigua and Barbuda passport. This affords you visa-free travel to over 150 countries.
Another Eastern Caribbean island with a Citizenship by Investment Programme is Dominica. While processing time is shorter, between 4 and 5 months, a Dominican passport is less powerful than an Antigua and Barbuda one. The minimum investment is also $100,000.
On the Spice Island, the minimum price of Citizenship by Investment increases to $150,000. However, you will have to wait at least 8 months and at most 11 months to receive your Grenada citizenship. A downside is a passport with fewer than 150 visa-free countries whilst an upside is the chance to add unmarried siblings to your application as dependants, along with a spouse, dependent children, and dependent parents.
Malta is unique in that it offers both Residency and Citizenship by Investment, MEIN alongside MPRP. There is a minimum requirement of $600,000 and a processing time of 16-18 months. Your reward for waiting is eligibility to acquire one of the world’s strongest passports, offering visa-free access to 190 countries.
The Eastern Caribbean’s St Kitts and Nevis run the world’s oldest CBI programme. It was launched in 1984 and you enhance your global mobility by making a $250,000 Sustainable Island State Contribution (SISC). 8 to 9 months down the line, you’ll be able to apply for a St Kitts and Nevis passport.
Another Caribbean island to look beyond tourism as a way of boosting its GDP is St Lucia. The minimum required investment is $100,000. Your route to be able to apply for a St Lucia passport starts at 7 months and ends at 8.
What Türkiye CBI guarantees is the chance to take your global mobility up an extra notch. For $400,000 minimum investment, you become eligible for a passport offering visa-free access to 114 countries. We estimate processing time to between 4 and 6 months.
Our final recommend CBI programme is the one made available by the Pacific nation of Vanuatu. While you can receive citizenship in as little as 2-3 month, you become entitled to a passport that secures visa-free travel to less than 100 countries. You need to invest at least $130,000 in Vanuatu to qualify for citizenship there.
Residency by Investment and Citizenship by Investment are best explored with an expert guide by your side. RIF Trust is a leading investment migration specialist. So, don’t delay and contact us today.