Citizenship for the purchase of real estate immediately

Fortunately, our society has long ceased to condemn those who receive a second passport for work, study or further residence abroad. Moreover, there are many countries in the post-Soviet space where citizens are legally allowed to have multiple citizenship.

As a rule, wealthy people choose more prosperous European countries or the United Kingdom and the United States as their second homeland. However, not every jurisdiction is ready to grant such a person the status of a citizen in a short time, even if he can invest millions in the national economy. In most European countries, you will have to spend 5 to 12 years, learn a language, integrate into a new society, and obtain a permanent residence permit before you are allowed to apply for naturalization. Those few countries come to the rescue in which state investment programs are conducted that allow you to issue a passport for a contribution to the national economy – these programs are called “citizenship by investment” or “economic citizenship”.

Why do I need economic citizenship?

1. Applicants for investment citizenship consider a second passport, first of all, as an opportunity to move freely around the world. As a rule, holders of two or more nationalities can visit 150-180 countries without a visa or under a simplified scheme. And if you have an EU passport, you can not only move freely within this association, but also live in any European country you like, work or receive a high-quality education.
2. Second citizenship usually makes it easier to buy and own real estate, cars and yachts abroad.
3. Citizenship of another country will allow you to start working with large international banks, which, in turn, will help you save and increase your personal capital.
4. Your children will have a unique opportunity to receive high-quality and modern education in the best educational institutions in the world.
5. For an enterprising person, a second citizenship will help bring a business to the international market, he will have the opportunity to use numerous tax benefits and optimize the company’s expenses.
6. With a passport of the second state, it will be easier for you and your family to leave your homeland if economic or political troubles begin at home.
7. Finally, a second citizenship by investment will allow you to permanently move to another, safer and more comfortable country to live in. Your immigration status will not actually differ in any way from the status of indigenous residents and, unlike a residence permit, you will not need to confirm it regularly.

Why is it profitable to buy real estate to obtain citizenship?

BETTA ESTATE specialists can give at least 4 important arguments in favor of obtaining citizenship through the purchase of real estate.

1. Reliability
Unlike company shares, real estate has a physical embodiment in the form of a house, apartment, land plot or a share in a tourist complex. In prosperous countries and tourist regions, such property is not subject to stagnation or depreciation

2. The opportunity to return the money
Unlike gratuitous contributions to various funds and rents, you will be able to return the funds invested in the purchase of real estate for obtaining citizenship when the mandatory period of ownership has passed, which usually ranges from 3 to 7 years.

3. Benefit
The demand for real estate in countries conducting citizenship-by-investment programs is usually quite high, so you will not only get your money back, but also earn a little when it’s time to sell your investment property. In Caribbean jurisdictions, the rules of participation allow an investor to rent out his property, including through a management company, which not only compensates you for the cost of maintaining the facility, but also allows you to receive a small monthly income.

4. Convenience
If you apply for a second citizenship to move to another country, buying real estate solves two tasks simultaneously: you fulfill one of the conditions for participation in the investment immigration program and provide yourself with housing in a new place.

Even in the Caribbean, where this type of investment usually does not involve the purchase of an entire facility, newly minted citizens receive a huge discount or free vacation accommodation at the hotel in which they invested their money.