There is no doubt that the idea of getting a second passport is very appealing. However, when you have to make substantial investment for acquiring citizenship and residency in a country, you want the benefits to be equally momentous to be deemed worthwhile. Luckily, countries that offer such programs to people do provide some great benefits. Some of the top ones are highlighted below:
Lifestyle benefits
One of the most notable benefits of citizenship by investment program is that they provide the investor, as well as their family, with access to better services, such as education, healthcare, transport and security. For instance, if you opt for a program in European countries, such as Malta, Cyprus and the United Kingdom, you will be able to study, work and live in any country that’s also part of the European Union.
Financial benefits
Another major perk of a citizenship by investment program is that it offers an impressive return on investment that’s better than any other program you will come across. You can get up to 12% returns and sometimes, there is also a buy-back guarantee once you have qualified for citizenship.
Unrestricted travel
Another prominent advantage of a citizenship by investment program is freedom of travel. This is due to the fact that it saves you from having to apply for visa repeatedly because a number of these programs allow you to travel visa-free to numerous countries in the world.
Tax breaks
Last, but definitely not the least, when investors gain a second citizenship, they are able to enjoy some notable tax breaks and there is also the possibility of improved corporate and personal tax exposure. This can reduce your liabilities significantly and lead to savings in the long run.
While citizenship by investment applications may require time, they are worth the wait due to the benefits they provide.
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