Here is an introduction on how the Vatican grant citizenship:
Source: romereports. The Vatican bank is well known for it’s secrecy.
Here is an introduction on how the Vatican grant citizenship:
Source: romereports. The Vatican bank is well known for it’s secrecy.
According to The Detroit News: Kingston, Jamaica — Hadi Mezawi has never set foot on the Caribbean island of Dominica, has never seen its rainforests or black-sand beaches. But he’s one of its newest citizens.
Without leaving his home in the United Arab Emirates, the Palestinian man recently received a brand-new Dominican passport after sending a roughly $100,000 contribution to the tropical nation half a world away.
Turmoil in the Middle East and North Africa has led to a surge of interest in programs that let investors buy citizenship or residence in countries around the world in return for a healthy contribution or investment. Most are seeking a second passport for hassle-free travel or a ready escape hatch in case things get worse at home.
Nowhere is it easier or faster than in the minuscule Eastern Caribbean nations of Dominica and St. Kitts & Nevis.
It’s such a booming business that a Dubai-based company is building a 4-square-mile community in St. Kitts where investors can buy property and citizenship at the same time.
In its first phase, some 375 shareholders will get citizenship by investing $400,000 each in the project, which is expected to include a 200-room hotel and a mega-yacht marina. Others will get passports for buying one of 50 condominium units.
“The more they fight over there, the more political problems there are, the more applications we get here,” said Victor Doche, managing director of another company that offers four condominium projects where approved buyers are granted citizenship in St. Kitts, which is less than twice the size of Washington, D.C.
It’s impossible to say how many people have used the cash for citizenship programs. Officials in both countries declined to respond when asked by The Associated Press.
But Bernard Wiltshire, a former Dominica attorney general, said there were already around 3,000 economic citizens when he left government about a decade ago. The country now has roughly 73,000 inhabitants in all.
“Investor visa” or citizenship programs are offered by many nations, including the United States, Canada, Britain and Austria. But the Caribbean countries offer a fast path to citizenship at a very low cost. The process, including background checks, can take as little as 90 days in St. Kitts. And there’s no need to ever live on the islands, or even visit.
A foreigner can qualify for citizenship in St. Kitts with a $250,000 donation to a fund for retired sugar workers or with a minimum real estate investment of $400,000.
The minimum contribution in Dominica is $100,000.
See the full article in The Detroit News.
Panama has established City of Knowledge in order to attract research and high tech corporations. This includes internet commerce, bio and nano tech corporations. Only 15 minutes drive from down town Panama City it also offer great life style possibilities.
Panama City, Republic of Panama Picture courtesy of Photoatlas
Being part of the City of Knowledge implies a commitment to innovation and sustainable development, but it also involves a broad range of benefits designed to make your operations more effective.
Here are some of the direct benefits for affiliates and users recognized by the City of Knowledge:
Here are the incentives for those participating in the project under Executive Order # 6 of February 10, 1998, which states the basis for the Panamanian State’s support to the City of Knowledge Foundation.
The State will grant special visas to foreign staff entering the country to contribute to the development of the City of Knowledge project. For further information, see the Immigration and Naturalization Bureau website.
Companies affiliated to the City of Knowledge are authorized to hire any international staff necessary for their operation.
The Irish government is offering special residence visas to foreign individuals willing to invest in the country.
This new program began on April 15, 2012, and if you make the investment, it can lead to full citizenship. Irish citizenship opens the door to full personal and commercial access to all 27 countries in the European Union.
Ireland’s aim is to attract both money and wealthy individuals from outside the EU who want to take advantage of new and existing investor schemes to immigrate to Ireland.
The virtue of an Irish passport is access to all EU countries, plus visa-free travel to over 150 countries, including the entire British Commonwealth.
Under the new 2012 programs potential Irish investor immigrants have several choices, including an investment in a low-interest bond, or a venture capital fund, or a property investment or government securities. The minimums amounts range from 500,000 euro to 2 million euro ($627,000 to $2.5 million).
There is also a separate residence visa program for foreign entrepreneurs who wish to start an innovative business valued at a minimum of 75,000 euro ($94,000).
There is another citizenship options in Ireland as you can use Irish ancestry to claim an Irish passport.