Category Archives: Citizenship by Investment

Citizenship by Investment, Global Immigration Programs, News

Bulgaria Fast Track Citizenship and Permanent Residence Program

June 12, 2019 nkic

Bulgaria Fast-Track Citizenship Program . – PR and citizenship in 1 step:

Financing Option of EUR 260,000, or Real Estate Purchase Option of EUR 430,000.
Supplemental Offering (EUR 80,000) allows a spouse or non-dependent child to apply for citizenship at the same time as the rest of the family.
Prices are locked-in at the time of investment (so not effected by market fluctuations)
Simpler and more stream-lined application process than the 2-step program
Cheaper than the 2-step program.

Bulgaria Permanent Residence Program . – 2-step citizenship; citizenship application after 1 year of PR:

Applicant chooses either the Financing Option (EUR 155,000) or Real Estate Option (EUR 215,000) for the PR process.
After 1 year of PR, applicant chooses either the Financing Option (EUR 125,000) or Real Estate Option (EUR 215,000) for the Fast-Track citizenship process, so can ‘mix & match’ investment options.
Costlier in total, but smaller cash outlay initially
Citizenship pricing subject to change in future, based on market conditions
Bulgaria Permanent Residence Program (PR; citizenship application after 5 years of PR):
Applicant chooses either the Financing Option (EUR 155,000) or Real Estate Option (EUR 215,000) for the PR process.
Applicant waits 5 years and applies for standard citizenship (no additional investment required).

Benefits of the programs include:

Bulgaria PR will allow the applicant and his/her family to work, live and study in Bulgaria
Once Bulgaria becomes a member of Schengen (expected to occur in 2019), PR-holders will have visa-free access to all Schengen countries
Bulgaria citizens have the right to reside, work, and study anywhere in Europe
Bulgaria citizens have visa-free access to approx. 142 countries (including Canada and Europe)
Applicant receives PR in 4-6 months, and citizenship in less than 2 years in total (Fast-Track program)
Citizenship is transferrable by descent (to all children and grandchildren)
Applicants may choose either a Financing Option or Real Estate Purchase Option
No language requirement, no age limit, and no management experience requirement.

Please Contact Us for more information.

Citizenship by Investment, News

Ireland Immigrant Investor Programme

November 8, 2016 nkic

The Ireland Immigrant Investor Programme was introduced in 2012 to allow foreign investors to obtain permanent residency status in Ireland.

The ultimate objective of the programme is to create jobs and facilitate further economic development in Ireland.

The Irish Government’s five year plan seeks to attract 900
new businesses to the country.

Enterprise Investment Option

The investor must:

Have a minimum net worth of €2,000,000
Be of good character, and not have been convicted of any
criminal offenses.
Invest €500,000 into an eligible Irish company for a
minimum of 3 years.
Investments must support the creation or maintenance of
employment in Ireland.
Investments must be made in the name of the applicant.
Investments made for the purpose of purchasing publicly
traded securities or real estate for the purposes of leasing
or renting will not be considered as eligible investments.

Benefits

Residency requirement of only 1 day per year.
Children up to the age of 24 can be included as
dependents.
Fast Processing (4-10 months).
No language requirement.
No quotas.
No previous management or business experience required.
Simple Documentation and One-Step Approval Process.

Immigrant Investor Programmes Comparison – Major English-Speaking Countries

	Ireland	Canada	US	UK
Investment (in €)	€500,000	€545,000	€450,000	€2,330,000
Processing Time (months)	4 to10	30 to 48	18 to 24	8 to 16
Residency Requirement	1 Day / Year	2 years / 5 years	every 6 months	6 Months / Year
Age of dependent children	Under 25	Under 19	Under 21	Under 18
Worldwide taxation*	NO	YES	YES	YES
UN Development Index	6	8	9	14
Visa Free Travel for Citizens	172 countries	172 countries	174 countries	175 countries

* Ireland is the only country from the above list where it is possible to remain a non-resident for tax purposes and maintain your status.

About Ireland

Member of the European Union.
English Speaking Country.
High Quality Education.
Top-Ranked Quality of Life.
Fastest Growing Economy in the EU.

Please Contact Us for more information on Ireland’s Immigrant Investor Programme.

Citizenship by Investment, Citizenship by Investment - Commomwealth Countries, News, NKIC Newsletter

Citizenship by Investment Updates

June 21, 2016 nkic

USA – EB-5 Program

Regulations are in process to change the EB-5 program on Sept. 30, 2016. After that time, the following changes are expected to occur:

(1) Investment levels are expected to change from $500,000 to $800,000 in Targeted Employment Areas (TEAs), and from $1M to $1.2M in non-TEAs.

(2) The definition of TEAs may change, meaning that urban areas could be re-classified as non-TEA and subject to the higher investment level.

(3) The I-526 filing fee is expected to increase from USD $1,500 to $3,675 (this could occur prior to Sept. 30).

The current $500,000 investment level will remain in effect for all applications filed with USCIS before September 30, 2016 (less than 5 months from now). We do not expect the current program to be extended again.

To lock-in cases under the existing pricing and program, it is highly recommended that you submit any pending EB-5 application right away, work with our team to complete the documentation requirements quickly, and encourage your clients to transfer their funds as soon as possible, so that their applications may be sent to USCIS prior to September 2016.

We are currently offering a very secure EB-5 project, which is already under construction (and will be completed in October 2016), and which greatly exceeds the job creation requirement (26 jobs created per investor, versus the required 10 jobs per investor). Please contact us for full details on this exciting new EB-5 project. Iranians are encouraged to apply.

Under EB-5, there is no language requirement, no age limit, and no management experience requirement. Applicants must have a net worth of minimum $1 million USD, and be able to document the source and path of funds for the investment and fees. There is no longer an OFAC requirement for Iranians, and refused Quebec and Canadian investor cases are welcome to apply to EB-5

Grenada – Citizenship by Investment Program

We are now offering a freehold real estate investment option, with a minimum purchase price of USD $350,000. This eco-sensitive development offers an attractive rate of return to investors, and a commission to agents. Please Contact Us for full details of this exciting investment option, and note that the cash option is also still available.

Grenada citizens are eligible to apply for USA E-2 temporary residence visas. The E-2 visa allows applicants to invest in a USA business and live in the USA while running that business for a period of 2 years (after which time the visa may be renewed in increments of 2 years, with no cap on the number of renewals). There are tax benefits to the E-2 visa, but note that it is not a path to permanent residency. Full details may be found on the USCIS website:

https://www.uscis.gov/working-united-states/temporary-workers/e-2-treaty-investors

Citizens of Grenada may now travel visa-free to all the countries of the European Union and China. The Grenada program offers fast processing (2-3 months), and there is no residency, language, education, or interview requirement. There are no nationality restrictions under this program, so all nationalities may apply.

Antigua – Citizenship by Investment Program

Investment levels changed on May 1, 2016. Please find attached our updated Cost Calculator for details.

Antigua has recently announced that the ban on Iranians and Iraqis will be lifted. That is, Iranians and Iraqis will be eligible to apply, but must reside outside Iran or Iraq, and have earned their investment funds outside Iran or Iraq. We will keep you apprised once more details are released.

An Antigua passport allows visa-free travel to many countries worldwide, including the United Kingdom, the European Union, Canada, and Hong Kong. Confederation is currently offering an attractive real estate investment, in addition to the cash investment option. Please contact us to receive full details.

Dominica – Economic Citizenship Program

Dominica has lifted its ban on certain nationalities. That is, any nationality may now apply.

Investment levels are expected to increase in August, 2016. If you have any potential Dominica applicants, we highly recommend that you send their files to Confederation as soon as possible, to ensure they are processed at the current investment levels.

Citizens of Dominica may travel visa-free to all the countries of the European Union, Hong Kong, and the U.K. Dominica is a fast, efficient program, and offers both cash and real estate investment options.

St. Kitts – Citizenship by Investment Program

St. Kitts citizens may travel visa-free to all countries of the European Union, Hong Kong, and the U.K. The St. Kitts program offers both real estate and cash investment options, and there is no residency, language, or interview requirement.

Please Contact Us for more information.

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Category Archives: Citizenship by Investment

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