There are a number of methods to obtain second citizenship in another country, one of them being the method of property investment. This procedure enables individuals to invest into pre-approved property in return for full citizenship rights in that particular country.
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Benefits of Property Investment Programs
There are two main methods of obtaining citizenship through investment immigration: property investment and economic investment. The majority of countries offer individuals the opportunity to engage in either program to obtain citizenship of that country. These types of programs allow individuals to attain citizenship in the country of their choice through making a monetary investment, for example: by purchasing a house valued at a specific amount.
Property investment is a beneficial means of obtaining citizenship as it allows the investor to get the passport of the country as well. By having a second passport in a different country, the passport holder can avail a higher standard of living, a better quality of life and have a valuable asset in another country.
In addition to this, second citizenship enables the individual to benefit from:
- Welfare system
- Educational system
- Medical allowances
- Employment rights
- Unemployment benefits
Furthermore, property investment is considered to be an investment for the future. Most investors see it as their retirement home, while others consider it as an investment for their children – classifying it as inheritance. In either case, property serves to be a safety net for individuals as it is likely to be resold at a higher price allowing owners to make a considerable amount of profit.