How much is a passport: from the EU to Grenada

How much is a passport: from the EU to Grenada

Among the European countries, the leader of the list was Malta: the minimum investment threshold for obtaining a passport is 1.2 million euros. This amount includes non-refundable payments to the National Fund of Malta, returnable investment and the cost of buying or renting housing.

How much is a passport: from the EU to Grenada

The cost of the passport of Cyprus is twice as expensive, but for Russians it also remains profitable. The procedure for registering citizenship takes six months, and the client does not need to live in Cyprus either before or after receiving the document. In addition, investments in Cyprus are returnable: after three years of owning real estate, the investor can sell it, leaving the residential property worth at least 500 thousand euros.

Below is the full rating. The list is made in descending order of the possible number of states open for visa-free visits to citizens of a particular country.

Singapore

Number of states with visa-free entry for citizens of the country: 180

Minimum investment to obtain a passport: $ 1.9 million

United Kingdom

Number of states with visa-free entry for citizens of the country: 177

Minimum investment to obtain a passport: $ 2.7 million

How much is a passport: from the EU to GrenadaAustria

Number of states with visa-free entry for citizens of the country: 177

Minimum investment for obtaining a passport: $ 9.6 million

How much is a passport: from the EU to Grenada

Canada

Number of states with visa-free entry for citizens of the country: 176

Minimum investment to obtain a passport: $ 0.6 million

How much is a passport: from the EU to GrenadaAustralia

Number of states with visa-free entry for citizens of the country: 174

Minimum investment to obtain a passport: $ 1.2 million

How much is a passport: from the EU to GrenadaMalaysia

Number of states with visa-free entry for citizens of the country: 169

Minimum investment for obtaining a passport: $ 0.04-0.07 million

How much is a passport: from the EU to Grenada

Cyprus

Number of states with visa-free entry for citizens of the country: 163

Minimum investment to obtain a passport: $ 2.4 million

Saint Kitts and Nevis

Number of states with visa-free entry for citizens of the country: 141

Minimum investment to obtain a passport: $ 0.15 million

Antigua and Barbuda

Number of states with visa-free entry for citizens of the country: 140

Minimum investment for obtaining a passport: $ 0.1 million

How much is a passport: from the EU to Grenada

Saint Lucia

Number of states with visa-free entry for citizens of the country: 132

Minimum investment for obtaining a passport: $ 0.1 million

How much is a passport: from the EU to GrenadaGrenada

Number of states with visa-free entry for citizens of the country: 131

Minimum investment to obtain a passport: $ 0.15 million

According to The Wealth Report Attitudes Survey, 34% of the world’s ultra-wealthy people with a capital of $ 50 million already have a second passport, and 21% consider themselves permanent immigrants.

The result of the increased interest of the world’s richest people in the purchase of foreign passports was the “war of offers”. Today, more and more countries are looking for new sources of income and are trying to encourage foreign direct investment in exchange for citizenship.

Some countries, including Great Britain, on the contrary require a significant level of long-term financial obligations. In July 2017, the governments of New South Wales and Australia increased the stamp duty from 4% to 8% for foreign buyers, as well as land tax from 0.75% to 2%.

How much is a passport: from the EU to Grenada

In November 2017, the UK government announced plans to impose a capital gains tax that would apply to non-residents of the country that possessed both commercial and residential real estate. The New Zealand government is going to impose a capital gains tax for owners who, within five years of buying a property, will sell it. Now this term is two years.

How much is a passport: from the EU to Grenada

In early March 2018, the Government of Cyprus approved new rules governing the program “Citizenship through investment”. They are aimed at preventing incidents that could damage the reputation of the program and the country.

In particular, to regulate the process of obtaining citizenship, an ad hoc oversight and oversight committee will be establishedOversight and Control Committee), which will include representatives of the Ministry of the Interior, the Ministry of Finance and the Cyprus Investment Promotion Agency (CIPA). Developers, banks, consultants participating in the program “Citizenship through investments”, should receive a special license. Applications for citizenship will be accepted only from licensed providers of services. This will help avoid disinformation of investors by incompetent specialists, noted in Henley&Partners.

However, other states on the contrary offer less burdensome programs or weaken their demands. For example, in the Caribbean, several islands have recently reduced the amount of required investment by 50% or tied the acquisition of citizenship with a one-time contribution to relief funds for people affected by hurricanes or economic development funds.

How much is a passport: from the EU to Grenada

How much is a passport: from the EU to Grenada

How much is a passport: from the EU to Grenada

Related Posts

For three seas, around the world and in the stratosphere

Igor Stomakhin / Strana.ru The Tver Region. Tver. Monument to Afanasy Nikitin Afanasiy Nikitin Tver region. Tver. Monument to Athanasius

Les Hallerbos – a fabulous dream in reality

In a small European country Belgium, just south of Brussels, there is a real fairy tale forest - Hallerbos. Everyone

In China, they presented evidence of a 5,000-year history of civilization

There were physical evidence of the presence of civilization in China 5,000 years ago. A team of specialists worked on

The NASA opened a virtual travel office in space

The new NASA project was named "Exoplanet Travel Bureau." The first directions were Trappist-1e in the constellation of Aquarius, Kepler-16b

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.