Trump Effect on Citizenship by Investment Programs

By: PRLog
Wealthy Americans are expected to look for new and safe homes
BUDAPEST, Hungary - Nov. 21, 2016 - PRLog -- Many Americans were frenzied by president-elect Trump. The huge number of online searches on immigration to the north actually crashed Canada's Citizenship and Immigration website. However, immigration to Canada can be a difficult process – even for Americans. It isn't quite as simple as packing up and driving north.

Events of the past months such as the attempted Turkish coup d'état, terror attacks, Brexit and now the Trump presidency are having a serious impact on the thinking of wealthy people in alternative residence and citizenship.

"People are becoming uncertain and unsatisfied everywhere in the world," says Laszlo Gaal, founder and managing director of Residency Bond Program Ltd, a boutique immigration advisor firm that specialises in relocations for the wealthy. "Masses of poor people are headed to Europe to find a better and safer life, hoping to be satisfied in a wealthy country. Rich individuals face the same problem. The world is not safe, the future is unpredictable. Wealthy people are in the position to step on the way forward, seeking to resolve uncertainty and secure a safe future for their children. A second passport, or even a second residency, is also the key to a second — presumably safe — home."

In times past, second passports were — like revolvers — the preserve of spy novels. Today, high net worth individuals see buying citizenship or residency rights "as a means to improving international mobility, tax planning, and family security," the IMF said in a report last year.

A second passport is a mobility insurance policy for you and for your family. The situation may get bad in your native country. If you have a second passport in your pocket, you can show a clean pair of heels; you always have the right to live elsewhere.

What are the best options for high net worth individuals looking for dual citizenship by investment? How good is a second passport? A passport is as good as many countries you can enter without a visa. However, the underlying citizenship is as good as the high level of safety and rights you gain.

For example, citizens of Cyprus have the right to live, work and get an education within the European Union, in addition to visa-free travel to over 158 countries including Europe and Canada.

Cyprus offers a high standard of life with access to reputable British schools, medical facilities and a highly favourable tax system. Cyprus enjoys a very low crime rate that is only one-tenth of the average rate of European countries. You are not required to live on the island prior to or during the application process, or even after citizenship has been granted. Citizenship of Cyprus will be obtained within 3-6 months. Any drawback? You should invest at least 2 million euro in a property for at least three years.

At the opposite end, you can get a second passport by donating as little as 100,000 USD to the government of the Commonwealth of Dominica. Your donation will be part of a national capital mobilisation portfolio towards an ultimate goal of national development for Dominica. A passport of Dominica offers visa-free travel to 119 countries, including Hong Kong and European countries. It makes it easy to obtain visas to other countries. As a Commonwealth citizen, you and your family have the privilege to work and study in the United Kingdom. In addition, you can optimise your taxation as well.

Director General of the Organisation of Eastern Caribbean States, Dr. Didacus Jules, suggested that the Trump Presidency could provide a "special opportunity" for countries in the sub-region with citizenship programs.

Citizenship-by-investment programs offer new citizenship and a second passport legally, relatively quickly and simply, without significant disruption to a client's life. Residency Bond Program Ltd selected the seven best citizenship programs in the world. Each of them is the best in one sense or another.

Contact
Residency Bond Program Ltd
***@residency-bond.eu

Photos: (Click photo to enlarge)

Residency Bond Program Ltd Logo Passport of of the Commonwealth of Dominica Citizenship of Cyprus Real estate Dominica Cyprus Morne Trois Pitons National Park, Dominica

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