How to apply for citizenship by investment
Citizenship by investment (CBI) can help you live a life less bound by borders. Read our guide on how to apply for citizenship by investment to learn more.
Citizenship by investment (CBI) is a powerful tool that can help you unlock the world, take control of your future, and open the door to new opportunities and possibilities.
With citizenship by investment (CBI), this can become a reality.
This guide examines the benefits of citizenship by investment programmes and how they can open up a world of possibilities.
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What is CBI?
Seeking a second passport? If so, citizenship by investment (CBI) might be the answer for you.
This legal process allows foreign nationals to become citizens of another country in exchange for a significant investment.
The first country to introduce a CBI scheme was St. Kitts and Nevis back in 1981. Today, CBI is offered by countries around the world, including those in Europe and the Caribbean.
If you want to learn more about this concept, our guide to citizenship by investment is a must-read.
The benefits of applying for citizenship
Acquiring citizenship through investment offers several advantages. It is also one of the most straightforward routes to second or dual citizenship in another country.
Second or dual citizenship means you are a citizen of two countries at the same time, with all the rights and responsibilities that come with it. This can provide you with additional rights and privileges, such as the ability to live, work, and study in either country.
While each programme offers different things, some of the typical CBI benefits include:
- Enhanced visa-free travel with a second passport
- Potential tax benefits
- Access to new markets and business opportunities
- Access to education, health care and other social benefits
- A safety net for those who live in countries with less stable political and social environments
To discover more about the benefits of CBI, read our comprehensive article.
What you need to know before applying for CBI
While each programme has different requirements, some of the general points you need to consider before you apply for a citizenship by investment scheme include:
General requirements
First, you need to be aware of the general requirements for the scheme. Some common criteria include a clean criminal record, sufficient funds to support you and your family, and good health.
You may also need to provide proof of the source of your investment funds.
Costs
The minimum investment amount is the first cost you will need to consider.
Additional fees, such as legal costs, document filing fees, and government fees, must also be factored in. Additionally, each additional family member you add to your application will also increase the overall cost.
Investment options
Different programmes offer different investment options, and some CBI schemes provide multiple routes to becoming a citizen. Some programmes offer an investment and a donation option, with the latter being non-refundable.
Some of the common ways to obtain citizenship through investment include:
- Real estate
- Government bonds
- Investing in businesses
- Donating to a fund or charity
How to apply for citizenship by investment
Applying for citizenship by investment (CBI) involves several steps, varying slightly depending on the country. Here's a general step-by-step guide to help you through the proces
Step 1 – research stage
Determine your goals and find the right programme and investment option to help you reach them.
Step 2 – prepare and submit documents
Background checks are carried out, and a decision is made on whether or not to grant citizenship. The processing time varies depending on the programme and other factors.
Step 3 – processing times
Background checks are carried out, and a decision is made on whether or not to grant citizenship. The processing time varies depending on the programme and other factors.
Step 4 – conditional permanent residency
Once approved, a letter of approval is issued. At this point, you must pay your investment/contribution amount and the remaining government fees.
Step 5 – citizenship issued
Once everything is finalised, a citizenship certificate is issued, making you a citizen of that country. As a citizen, you can now apply for your passport.
Apply for citizenship by investment with Holborn
Applying for citizenship through a CBI scheme can be challenging, as there is a lot to consider and prepare throughout the process.
However, hiring an expert who is familiar with the ins and outs of the programme can help you avoid potential pitfalls and ensure the best possible chance of success.
To learn more or to get started on your CBI journey, speak to one of our experts, who can guide you every step of the way.
Holborn Pass, a part of the wider Holborn Assets Group, is an international leader in investor visas. Our experienced team offers a bespoke, end-to-end service and tailored advice to support your needs. You can trust our expertise to guide you through the CBI process.
We have a proven track record of helping hundreds of investors and their families secure golden visas and citizenship. Book a consultation with one of our advisers to find out how we can help you achieve the same success.