From offering a powerful passport and easy access to living and working in the US to low taxation, a fast-growing economy and business-friendly environment, there are multiple reasons to invest in North Macedonia’s Citizenship by Investment programme.
The newest programme on the citizenship by investment block, unveiled just as the pandemic kicked off, Egypt joins Jordan and Turkey in providing an attractive economic immigration option especially to HNWIs in the Middle East.
Following the UAE’s recent unveiling of residency by investment, the Sultanate of Oman has announced a move to also offering foreigners renewable 5 or 10-year residency visas.
The government of Jordan has approved amendments to Jordanian citizenship and residency lowering costs and making more family-friendly to appeal to more foreign investors.
Zanzibar joins Mauritius in unveiling a new tax and residency programme to allow foreigners to live and invest in the Tanzanian island as Africa opens up to non-citizens.
Anichi Resort & Spa is the latest investment offering under Dominica’s Citizenship by Investment (CBI) Programme giving investors the chance to acquire citizenship with the purchase of preferred or freehold shares in a luxury eco resort with a minimum investment of US$220,000.
Widely considered the pioneer and one of the world’s foremost experts in investment migration, Henley & Partners Chairman Dr. Christian H. Kaelin says the significant worldwide expansion of investment migration is simply unstoppable.
Speaking at The World Ahead Gala Dinner hosted by The Economist in Athens in July, Dr. Kaelin stated that all over the world countries have realised the importance of residence and citizenship to attract much-needed foreign direct investment, debt-free capital, talented entrepreneurs, and experienced investors.
Further accelerated by the need to alleviate the financial distress following the Covid-19 pandemic across the world, Dr. Kaelin pointed out that more and more countries are offering investment migration programmes or introducing new options, like digital nomad visas or tech visa, in order to attract highly sought-after talent and capital to support their economies and strengthen their ‘sovereign equity’.
This year, Singapore announced the launch a Tech.Pass visa programme offering tech entrepreneurs from across the world the chance to set up and operate companies in the southeast Asia trading hub. While the UAE, which has a high expatriate population, recently announced it was enhancing its Golden Visa program to grant citizenship to select individuals, such as "investors, doctors, specialists, inventors, scientists, talents, intellectuals, artists and their families”.
Dr. Kaelin coined the term ‘sovereign equity’ in 2019 in Davos to describe how investment migration has the ability to endow nations with sustainable investments in a relatively short time frame without them having to increase debt and thereby burden future generations – while gaining highly qualified and experienced entrepreneurs and investors as new residents or even citizens.
Dr. Kaelin stressed that, particularly in Europe, there is also a pressing need to introduce much more positive migration policies to manage the global refugee crisis constructively while also attracting international investors and talent. He acknowledged that although politically challenging, it also presents a tremendous opportunity for the EU.
“We need more, not less immigration of people who contribute positively to society,” he told the audience.
With its strategic location, abundance of natural beauty, rising tourism, surge in property development and the lowest tax rate in Europe, not to mention its potential membership of the EU in 2025, the tiny Balkan country of Montenegro is ripe for investment. Here are CBI Guide’s top 10 reasons to secure citizenship by investment of Montenegro.
Located on one of the world’s best beaches, five-star luxury resort Kimpton Kawana Bay on the Caribbean island of Grenada offers citizenship investors the chance to not only secure Grenada’s powerful passport, but also hassle-free ownership of a title deeded studio or suite with the potential for a very attractive return on investment.
The Residences at Secret Bay, a luxury resort in Dominica approved as a property investment by the country's world-leading Citizenship by Investment programme, has reported that 27% of its CBI contracts in 2020 came from African nationals. Industry experts forecast the number to rise to 35% in 2021 as Nigeria, the continent's fastest-growing market, continues to seek second citizenship.