Q & A
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Q
What is “Citizenship by Investment”?
A
Citizenship by Investment is a process whereby an applicant, along with his/her “eligible family members”, is able to acquire citizenship & a second passport by making an investment in specified categories. |
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Q
What are the eligible investment categories for an applicant?
A
Donation, real estate or business. |
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Q
Who are the family members eligible to apply along with the main applicant?
A
Spouse, dependent children up to a certain age, dependent parents in some cases & sometimes even grandparents. |
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Q
Can I make an application on my own?
A
Citizenship & passport by investment applications have to be made through registered authorized agents appointed by the respective countries. |
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Q
What is the average time frame for acquiring citizenship?
A
The average time-frame varies between 2-12 months. |
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Q
Do I have to relinquish my current citizenship upon acquiring a new one?
A
That will depend on whether your current passport allows dual citizenship. If it does, you need not surrender your passport. However, if your current passport does not permit dual citizenship, then you must surrender your current passport. |
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Q
Does the application procedure for citizenship involve travelling to the country?
A
Only in some cases. |
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Q
Do I need to reside in the country once acquiring its citizenship?
A
Most do not require you to reside in their country once becoming a citizen, while some have very minimal residency requirements. |
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Q
How long is a passport valid for?
A
Citizenships are always granted in perpetuity. Like in most other countries, passports need to be renewed after a certain member of years. |