What is economic citizenship
There are many ways to obtain citizenship, from birth right and family relations to engaging in economic citizenship programs. Depending on your financial standing, you may be eligible to engage in investment immigration through a selected economic citizenship program offered in your chosen country. However it is important to seek advice from a professional consultancy firm to understand all the obligations, rights and restrictions of obtaining economic citizenship.
For more information on available economic citizenship programs, or to find out how DeltaQuest can assist you with investment immigration, Contact Us.
Economic citizenship explained
Economic citizenship is a form of investment immigration where by the applicant seeking citizenship in a particular country is required to invest a substantial amount of money into the economy. Not every country offers economic citizenship programs, and the jurisdictions that do provide such programs will vary according to the jurisdictions immigration laws.
Although the amount of capital to invest in a country it is completely dependent on that country, in general you are expected to have a specific value of net worth before you can even apply through the program. If you meet the net worth criteria, you will then have to invest in the country’s economy in one or a combination of the following ways:
- Start up a new business
- Invest in an existing company that needs assistance
- Create a certain number of jobs for the country’s residents
- Invest in economical development projects
Additional requirements in order to obtain full citizenship status through the economic citizenship programs include;
- Provide good health or medical certificate
- Provide police certificate
- Have good knowledge of the language
- Demonstrate previous entrepreneurial or business experience
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