Profile
Passpro is a government authorized citizenship by investment consultant. Passpro provides legal second citizenship to countries across the Caribbean: Antigua and Barbuda, Grenada, Saint Kitts and Nevis, Saint Lucia and Dominica.
We provide a turn-key solution to legal second citizenship by investment
Whether you are an individual investor or applying with your family for a second citizenship by investment in Dubai, PassPro provides trustworthy guidance at every stage, ensuring complete peace of mind and an expedited application process that adheres to government regulations.
1. Why should I consider a second citizenship by investment?
Being a citizen of a country, as opposed to a short-term resident, offers more than just a sense of belonging; it invites full engagement with the country’s economy, laws, and investment opportunities. In fact, acquiring citizenship as a permanent legal status places you in a position of strength, granting you lifelong equality with all other citizens of this country. You will enjoy the same privileges and opportunities as a native-born citizen. This includes the freedom to travel abroad and return via the citizenship of that country, as well as the ability to pursue opportunities available to citizens. Simply put, obtaining second citizenship can be a life-altering decision that opens the door to improved opportunities worldwide. It is therefore not surprising that it is increasingly regarded as one of the most powerful investments available. While motivations differ by the applicant, one can always enjoy the enhanced global mobility up to 80% of the globe. (depending on the program you choose) is an appealing feature for many people, allowing for greater flexibility in your personal and professional life.
2. What are the various ways of obtaining citizenship?
You may be surprised to discover that citizenship can be recognized or granted in a variety of ways. Moreover, every country has its own policies, regulations, and criteria for determining who is eligible for citizenship and how to obtain it. We highlight a selection of the most prevalent routes to citizenship…
Place of birth. A common way for citizenship to be determined is by place of birth – this is called jus soli (a Latin phrase meaning ‘right of soil’). A selection of countries currently offer unrestricted jus soli, including Canada and the US. Restricted jus soli is practiced in a number of other destinations, requiring that at least one of the child’s parents be a citizen, national or legal permanent resident of the country at the time of the child’s birth, or that at least one parent has resided in the country for a specified period of time. The rules vary from country to country.
3. What does the typical application involve?
Our handy guide outlines the typical journey and how PassPro helps you every step of the way…
Step 1
Determine your second citizenship by investment program: The first choice you must make is to find the program that best matches your profile and eligibility requirements. PassPro is happy to assist you in making the best decision. By meeting with you to discuss the specifics in confidence, the company can acquire a complete understanding of your unique profile.
Step 2
Gather the documentation: Your citizenship consultant will supply a list of required documents needed to take the process forward. Essentially, there are five important requirements you need in order to apply, including: proof of funds (together with 12 months’ bank statements at the time of application); valid proof of residence, such as a utility bill featuring your residential address; valid government-issued ID, like a driver’s license; valid birth certificate and marriage certificate (if applicable) which must be attested by the Ministry of Foreign Affairs of the country issuing the document; and valid police clearance certificate from your country of citizenship, as well as any country you’ve resided for more than six months over the past 10 years. At this stage, you will also need to reserve a property, if you are investing in real estate.
4. What are the ways in which I can invest?
Applicants can generally pursue one of three investment routes, depending on the country: making a non-refundable contribution to a Government Fund, investing in an Approved Real Estate Project, or investing in an Approved Business.
Your investment in a Government Fund will be contributed to a fund designed to support the development of selected enterprises, such as financing infrastructure projects, serving as a contingency or resilience fund against natural disasters, or providing essential services like healthcare and education. These funds may be used only for the government-designated purposes. Fund utilization is frequently discussed as part of annual budget preparations.
5. How do I choose the best program for me?
The citizenship by investment program you choose will depend on your individual circumstances. However, there are three key factors to consider when choosing a second citizenship program that will bring you and your family value in the long run.
Your future plans. For single applicants and young couples, whether you are intending to start a family in the future is a crucial consideration, as the cost of acquiring citizenship for a new spouse or a newborn child at a later date differs significantly from program to program. Hence, your long-term plans for a family should factor in your decision. Some programs allow you to register your newborn baby for free while others charge a small fee. Each country has its own procedure for registering the birth of a newborn child. Once you have obtained second citizenship, you can take advantage of the MyPassPro service and to get in touch if any further assistance is needed.
6. How do governments conduct background checks?
The key elements of a background check include looking into an applicant’s credibility, character, source of funds, source of wealth and criminal history (if any). Governments use third-party independent Due Diligence (DD) providers who utilize a mixture of open-source information and on-the-ground intelligence – this includes fact-checking an individual’s birth certificate at official institutes of record, checking local media reports or visiting business addresses to ensure they are legitimate companies, for instance.
There is a third level of checks also applied during the DD process during which an individual is vetted by law enforcement agencies and INTERPOL to ensure that they are not blacklisted for any criminal activity. Occasionally, a red flag can crop up, such as if a person runs a cash business, in which case their accounts will be looked into on a deeper level to rule out money laundering or financing of terrorism. It is common for people, especially those from the Middle East, to have identical names, which can also pose a potential concern. When people have similar names to those on blacklisted lists, it is the duty of the DD provider to carry out a thorough check to confirm the correct identity of the applicant. Along the way, if any information turns up that questions the character and record of the applicant, the processing agent is notified and offered the opportunity to rebut or explain the information, supported by the necessary affidavits.
7. How will second citizenship benefit my children and my business?
Remember that many of the most popular second citizenship programs enable you to pass on your citizenship to your offspring, allowing you to build a secure and stable future for yourself and your family. At the time of application, you will be permitted to include your spouse and any dependent children. Many of the countries that offer Citizenship by Investment programs (CIPs) are home to prestigious universities, allowing your children to pursue an education of the highest caliber. Numerous educational institutions in the Caribbean, for example, are affiliated with institutions in the United States, providing a pathway to future studies that can open up a world of possibilities. Additionally, by making it simpler to obtain a study visa for countries such as the United Kingdom, Europe, Australia, and Canada, it can increase the number of options available for attending institutions abroad.
8. Is buying property for citizenship good value?
Buying property in the Caribbean.
If beautiful beaches, fabulous weather and laidback living appeal then owning a home in the Caribbean can be a dream come true. The good news is that it is a surprisingly affordable destination in which to acquire a slice of real estate paradise. Known for its tropical setting, each Caribbean island has a unique identity rich in culture and history. Taking a cue from the relaxed way of life of the locals, holidaymakers will find it easy to slow down the pace and discover more about the music, art and cuisine while admiring the stunning natural attractions on the doorstep. Indeed, the lure of the Caribbean has given rise to a number of developments by global hospitality brands, which bodes well for the general uplift of the value of real estate, as well as the destination as a whole. In addition, it is becoming an increasingly popular stop-off for cruise ships, which is bringing even more high-spending tourists to its shores. Looking at the longer term, no matter how the market fares, beautiful properties on an island paradise are always in high demand. Plus, the 5% rate of return you will receive on your investment, on average, is higher than what the same amount would earn in most savings accounts. It’s even better value for money when you consider that the investment you are making in the property comes with a citizenship for life.
9. What should I prepare for before changing or renouncing my birth citizenship?
Obtaining a new citizenship is an exciting process. Being organized during the transition period can help make the process smoother and allow you to start enjoying the benefits of your new citizenship without delay.
There are four key things you should start thinking about when you are considering a change in citizenship or acquiring a second citizenship. The first is whether you will need a visa to enter your home country. If you have family and business concerns back home, sorting out your ability to freely enter your home country should be a priority.
If your original country of citizenship does not allow dual nationality, apply for a long-term visa or look into whether your country offers a program or special status that allows you to maintain lasting connections with your country of birth. For instance, the Overseas Citizen of India (OCI) status granted to former citizens of India.
10. I’ve acquired second citizenship, what else should I know?
Firstly, congratulations for making the life-changing decision to enjoy a life of greater choices, freedom and opportunity. Now that you have acquired a legal second citizenship, it is vital to keep your documents safe at all times. The Naturalization Certificate is equivalent to your birth certificate, so you won’t want to lose it. With this in mind, you shouldn’t routinely travel with it. Travel with a copy and keep the originals in a secure, fire-proof place along with your other valuable documents. It is advisable to keep it in a dedicated and secure place at home.
You need to ensure that your certificates are considered valid wherever you currently reside. To do so, you may need to have them attested by your country’s representative and the Ministry of Foreign Affairs of your country of residence in order to prove that they are genuine documents.
FAQs
- 1. Why should I consider a second citizenship by investment?
- 2. What are the various ways of obtaining citizenship?
- 3. What does the typical application involve?
- 4. What are the ways in which I can invest?
- 5. How do I choose the best program for me?
- 6. How do governments conduct background checks?
- 7. How will second citizenship benefit my children and my business?
- 8. Is buying property for citizenship good value?
- 9. What should I prepare for before changing or renouncing my birth citizenship?
- 10. I’ve acquired second citizenship, what else should I know?
ESSENTIAL DOCUMENTS
Help ensure a smooth application process with our checklist of essential documents
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