The last significant amendments to the citizenship by investment scheme were made in … The Gulf States have plenty of cash, but also a population of stateless residents they won’t give full rights to. Commenced in 1984, the program has been attracting people from around the world to invest in the country’s economy in exchange for an irrevocable passport and citizenship. Box # 78507,Dubai, United Arab Emirates. Comoros, an independent state comprising three of the Comoro Islands in the Indian Ocean, off the coast of East Africa. Our experts have extensive international and local experience and a high success rate in delivering the citizenship grant on time. The Comoros Citizenship by Investment Program granting citizenship to highly qualified foreign investors, who bring wealth, talent and highly qualified skills to Comoros. The island offers citizenship by investment program and invites potential individuals and businessmen to obtain a second citizenship and passport. The island’s mild climate, rich culture and beautiful scenery have encouraged many investors to seek citizenship in Malta. The Comoros Economic Citizenship Program is a legal naturalization program based on changes to the Government law made in 2008. Incorporating the best practices from surrounding CBI schemes, it offers many advantages for investors and residents alike. VANUATU CITIZENSHIP BY INVESTMENT Overview An archipelago of 80 islands in the South Pacific, located some 1,000 miles east of Australia, Vanuatu is part of the Commonwealth and has consistently been awarded the Happiest Place in the World by the Happy Planet Index, making it attractive for citizenship by investment. The last significant amendments to the citizenship by investment scheme were made in 2013. Like other countries in similar predicaments, Comoros has resorted to selling its citizenship to anyone willing to part with a couple thousand dollars. The main investment may be sold after a period of three (3) years, however, the investor must always maintain / purchase a property with a value of at least €500,000. Dominican passport is insurance for you and your family against unexpected personal, economic and political strife. This allows you to use your second passport to open an Offshore Bank Account without having to legally declare it to the tax authorities of your home country. 45000 USD to be exact. Comorian citizenship The Comorian passport is issued to citizens of the Union of the Comoros for international travel. The current population is around 800,000 and Comorian and Franc is the official currency of Comoros. Following the collapse of the islands… No need to renounce your current citizenship. It is one of the world’s most globalized and peaceful nations with an agreeable year round mild climate. If you’re interested in securing Portugal Citizenship, contact Mahandru Associates so as we can guide you through the Investment Program. The Caribbean Islands of St.Lucia, Dominica, Grenada and Antigua & Barbuda process Citizenship/Passport by Investment requests within 6 months of receiving an application. For a high net worth investor hailing from a restrictive country in Asia, Africa or the Middle East, Comoros will seem like a dream come true. Speak Many wealthy individuals will find that there are many economic benefits to obtaining permanent residency or Cayman Islands dual citizenship. Although the procedure for obtaining citizenship by investment program is relatively simple, it is a very delicate process that requires a meticulous level of focus on the details and structuring of investment. T he citizenship by investment programs are not new. The Economic Citizenship Program (ECP) allows Comoros to offer citizenship to foreigners… Ngazidja (also known as Grande Comore): the largest island of the Union of the Comoros, with its capital Moroni; Ndzuwani (also known as Anjouan): part of the Union of the Comoros The Comoros Islands offer a good deal of protection for your assets and will provide you with a great deal of freedom that you may not enjoy in your home country. This may seem like a lot but in the world of economic citizenship programs, it is a bargain. The processing time of your registration in this citizenship by investment program varies from 2-4 months, at the end of the process you will receive the citizenship and passport of Comoros. Dominica offers economic citizenship by investment program inviting potential nationals from all around the world to make an economic contribution to the country. No applicants with criminal records will be approved for the St. Kitts citizenship. Comoros citizenship by investment program provides you the opportunity to legally acquire a new nationality and a Comoros second passport promptly whilst enabling global mobility for you and your family. What happened to Comoros Citizenship by Investment? Acquiring citizenship does not require you to reside in the Comoros. Experience endless opportunities with a second passport and residency by investment programs around the world. 2 Months is Possible WEEK 1: Submit passport copy and questionnaire for pre-approval. The citizenship of the Comoro Islands is irrevocable. Citizens of Comoros do not need to pay taxes on world income, this is one of the best options for fiscal optimization. We simplify the whole process without hidden costs, you can choose the best option for your needs and know exactly what the total cost before starting your application. The government fees are as follows. Although the Comoros government does not receive a direct payment in Bitcoin, our authorized agents can receive crypto payment, subsequently converting the funds into fiduciary money to be remitted to the Comoros government and ensure its application in the Comoros citizenship by investment program. Global citizenship means investing in your future. Fishing, hunting, agriculture and forestry are the leading sector of the economy. Citizenship Investment - Top Countries with simple and effective investment plans: no residency required, tax-free, visa-free access to over 120 countries Citizenship Investment for UAE businessman Are you looking for freedom The legislative platform to guide persons in the acquisition of citizenship by investment is the Citizenship by Investment Act No. The Pacific country of Solomon Islands, is considering a new citizenship by investment scheme, similar to that of neighbor Vanuatu, ABC Radio Australia reported today. No need to renounce your current citizenship(s). St. Kitts & Nevis implemented the first official citizenship by investment program in 1984. Irrevocable citizenship for your lifetime and for your future generations. Business Investment. You must provide your full name and contact email when filling out the application form to generate your invoice. The Comoros citizenship by investment program was established in 2001 in accordance with the Union of Comoros Constitution. The “Citizenship By Investment” program enacted by Cyprus Government in Last few Years, rightfully renders Cyprus as the “jurisdiction of choice” for many high net worth individuals and their families who decide to live, invest and setup their business in Cyprus. The St. Kitts & Nevis Citizenship Program is based on Chapter VIII (Sections 90-95) of the Constitution, & Section 3 (5) of The Citizenship by Investment. 2. You could invest in real estate, a Cypriot business that employs five local citizens, bonds or securities of a Cypriot business licensed by the Securities and Exchange Commission, or a combination of these choices. Legal Basis. Open bank accounts and expand investments worldwide. Applicants must have a clean criminal record, and the local government conducts extensive criminal checks with INTERPOL, the International Criminal Court, and various other sources and authorities. Citizenship by investment will unlock the potential to a world of freedom, global mobility, and exclusive opportunity. The Country is an affiliate of the International Monetary Fund and the African Development Bank, the Indian Ocean Commission, the World Bank, the African Union, the Arab league and the European Development Fund. The cost to obtain an Comoros passport through the citizenship program by investment varies according to type of investment and numbers of dependents. The Comoros economic citizenship program was established in 2001 in accordance with the Union of Comoros Constitution. The Portuguese Republic is a semi-presidential republic with a democratically elected government system that has been in place since 1974.It is located in South-Western Europe bordered by the Atlantic Ocean to the south and west and by Spain to the north and east. Comoros citizenship by investment programs, is widely recognized as the cheapest among all existing citizenships by investment programs and also has one of the fastest processing times. Our experienced consultants can help you get a second passport through investment citizenship programs in the following countries: If you have questions about citizenship by investment programs, do not hesitate to click here to contact our experts. Its official languages are Comorian, Arabic and French. They’ve been around for decades, primarily as a way for countries to boost their incomes. The applicant of Comoros Citizenship by Investment Program must not have any criminal record and must be of high standing in his or her community, organization, society or country. 3. The number of these programs is constantly increasing as more and more countries realize the economic advantages of opening their doors to immigrant investors. Though the island gained its independence in 1978, it is still part of the British Commonwealth. In return, applicants and their families are given Dominica citizenship and a second passport. We offer you citizenship by investment programs, company formation services, and an array of options that allow you to secure citizenship and obtain additional passports without residency obligations. The name ‘Comoros’ comes from Arabic «qamar» (the «moon» – which is represented on the national flag). 1. st lucia citizenship by investment programme policies The government of St. Lucia officially launched Saint Lucia’s Citizenship By Investment Program (CIP) on Tuesday 29th December 2015. No residence requirements, you are entitled to apply instantly. Same rights to Education as the Spanish Citizens and excellent health care system. Banc du Geyser , a former island in the Comoros Archipelago, now submerged, is geographically located in the Îles Éparses , but was annexed by Madagascar in 1976 as an unclaimed territory. How long does it take to Invest to become a Citizen of Comoros? Passport is issued for 5 years and can be renewed on expiration. It looks like that Comoros Citizenship by Investment Program has the most affordable cost of all such official solutions. The Program is regulated by the Law on Economic Citizenship as of 27 November 2008. By the 2000s, a small handful of Caribbean islands – notably St Kitts and Nevis and the Commonwealth of Dominica – were readily and legally selling their citizenship to … Union of Comoros Citizenship by Investment Union of Comoros Citizenship by Investment The Comoros, officially the Union of the Comoros, is a sovereign archipelago island nation in the Indian Ocean located at the northern end of the Mozambique Channel off the eastern coast of Africa between northeastern Mozambique and northwestern Madagascar. In Comoros there is no personal or corporate income taxes, it also has no withholding tax, no wealth tax, no inheritance tax, no estate tax, no capital gains tax, no withholding tax, no gift tax and no other personal income taxes. Fishing, hunting, agriculture and forestry are the leading sector of the economy. At least 150,000 to 200,000 people of Comoran citizenship or descent live abroad, mainly in France, where they have gone seeking a better quality of life, job opportunities, higher education (Comoros has no universities), advanced health care, and to finance elaborate traditional wedding ceremonies (aada). Dual citizenship is recognized in Comoros. In return for the passports, Comoros will, according to the statement, receive direct investment from the Kuwaiti government, which promised to build schools and charities on the islands, the minister said. “The Comoros citizenship program is the cheapest citizenship by investment program available. The Glorioso Islands were administered by the colonial Comoros before 1975, and are therefore sometimes considered part of the Comoros Archipelago. The Portuguese currency is the euro (€) and the country was one of the original member states of the Euro-zone. Comoros Islands Limited Liability Company (LLC) Name. The Comoros is a small nation in need of money. The investor’s parents are entitled to apply for Cyprus Citizenship by Exception provided that they have purchased a permanent residence of at least €500,000 plus VAT. Ranked by the IMF as the sixth poorest country in the world with GDP of $614 million last year, Comoros has experienced more than 20 coups and attempted coups since it became independent from French rule … In 2007, Mohamed BACAR effected Anjouan's de-facto secession from the Union of the Comoros, refusing to step down when Comoros' other islands held legitimate elections in July. The population is 446,547, and the capital of the country is Valletta.The currency is the Euro.The island’s international airport is modern and efficient; connecting the island to most European cities via major airlines.The country has a nice Mediterranean climate with hot dry summers, short mild winters and a warm sunny spring, and autumn with adequate rainfall. The new Turkish citizenship by investment program was published in the Official Government Gazette in September 2018. In many cases, this mirrors British nationality. Main Benefits of Obtaining Citizenship in Seychelles through the Citizenship-by-Investment Program Applicant is entitled to the unrestricted right to live, work, and travel in and out of Seychelles. The 12 Citizenship by Investment Programs Available Now You couldn’t always buy a passport. Before 1984 when St. Kitts and Nevis introduced its citizenship by investment program, economic citizenship did not exist. You make your investment after your application is approved, not before. These volcanic islands, covering a total area of 2034 km 2, are as follows: . The Union of the Comoros (Union des Comores in French) is a sovereign archipelago island state. Residency of a European Union member country. You and your family enjoy a renewable European Residency Visa (as long as the investment is held). For foreign investors, acquiring a Spain citizenship and passport brings a possibility to operate between Europe and Mediterranean countries with easy trade links with North and South American countries. CBI Guide brings you detailed analysis of all of the CBI opportunities so that you can make an The programme is regulated by the Law on Economic Citizenship as of 27 November 2008. One of the most popular tourist destinations worldwide, hence high demand for your property should you wish to rent it out. See Part 1 here: Tajick: Remembering the Dead Part 1 – Residence by Investment Programs of Yore In the eighties and nineties, the citizenship by investment (CBI) industry was a veritable Wild West, with no real accountability or oversight. While the official languages of the Islands are Comorian, French & Arabic, each island has their own dialect. It is also one of the fastest when it comes to processing applications for second citizenship. Having a Malta passport and dual citizenship benefits your future generations with increased political and economic freedom, as well as significant educational opportunities in the West. The legal basis for the Comoros Citizenship by Investment Program is the Economic Citizenship Act passed in... Economic Citizenship Program. Adequate health and education services are non-existent and most infrastructure needs unfulfilled. Comoros did once have the cheapest instant passport worldwide, however this program was ended in 2016 by the new government. 5. The origin and citizenship of the person is irrelevant. As one of just three Citizenship by Investment Programmes worldwide (and the only one in the Caribbean) that allows its citizens to enter, invest and work in the US via the E-2 Investor visa treaty, Grenada’s CIP is proving increasingly popular with HNWIs, especially from India and China, where there is increased private wealth. Asset Protection & International Business, Can You Buy Comoros Citizenship With Absolute Confidentiality, Click Here to Apply For Comoros Citizenship. A fourth island of the Comorian archipelago, Mayotte , is claimed by the country of Comoros but administered by France . Comoros Citizenship by Investment Program is not a well known solution. It is a member of the United Nations, European Union, Euro-zone, NATO, WTO, and Schengen Area. Due to the country’s membership in CARICOM, the passport received upon approval for citizenship will be a CARICOM passport, valid for travel to the other membership countries. Comoros citizenship can also serve to lower your taxes and protect your assets. The Program is regulated by the Law on Economic Citizenship as of 27 November 2008. Your financial situation is jealously protected against outside queries and breach of privacy. Only 7 days visit a year in Portugal, one of the lowest of all EU countries. The investment can be a single property or combined property portfolio. The capital is Lisbon, the majority religion is Roman Catholic and the national language is Portuguese. When you acquire citizenship under the Comoros Citizenship by Investment Program, you and your family enjoy full citizenship for life, which can be passed on to future generations by descent. It stipulates any person can apply for naturalization & may be eligible for citizenship on payment of prescribed fees, if the cabinet is satisfied that such person has invested substantially in St. Kitts & Nevis. It has a predominantly strong Roman Catholic religion and the island’s population looks surprisingly international, having been ruled by the Phoenicians, Carthaginians, Romans, Byzantines, Moors, Normans, French and British. It looks like that Comoros Citizenship by Investment Program has the most affordable cost of all such official solutions. The Comoros citizenship-by-investment program is useful for foreigners needing convenient access to international banking and as a strategy against dire political and economic environments back home. You are not required to live in Comoros or visit Comoros to keep your Comoros passport. The Comoros citizenship-by-investment program is useful for foreigners needing convenient access to international banking and as a strategy against dire political and economic environments back home. Dominica remains the world’s most affordable place to buy citizenship, with options available for as little as $100,000 plus government and legal fees and with the Comoros CBI program temporarily suspended it is currently the cheapest option. No taxes on capital gains, gift, wealth and inheritance; No taxes on foreign income (unless you reside in Dominica). This week, we look at citizenship by investment programs that are no longer with us. Citizenship is granted solely by decree of the President of the Republic. The amount of these fees depends on the size of the families who will submit an application. Visa-free access to Schengen States, UK, Switzerland, Hong Kong & most British Commonwealth member countries. One of the greatest benefits is that once granted to you, your citizenship can never be revoked no matter what happens in the country. Comoros is a member of Arab League and You and your spouse, your dependent children (up to 28 years) and parents and grandparents above the age of 65 (living with you) can also obtain citizenship under one application with additional government fees payable. The Comoros economic citizenship is the cheapest one among all of the existing citizenship by investment programs. The Comoro Islands (usually known as the Comoros) had a troubled start to life as an independent nation, with political instability holding back its development. It has also never been so difficult to obtain. The Comoros are a group of islands at the northern end of the Mozambique Channel of the Indian Ocean, between Madagascar and the southeast African mainland, about 180 miles (290 km) off the eastern coast of Africa. During the checkout you can select the type of investment and the number of candidates (with or without their dependents) to Comoros citizenship by investment program. If the candidate meets any of the requirements mentioned above, he/she can obtain citizenship of Comoros, as well as the spouse and children under 18 years of age. Second citizenships can offer access to world While still operational, the citizenship by investment program in Cyprus gave you several investment options… but at €2,150,000 (plus V.A.T), it comes at a heftier price than Malta’s. The Comoros economic citizenship is the cheapest one among all of the existing citizenship by investment programs. The population of 10 million Portuguese contributes to a GDP that is over $250 billion. Blessed with a myriad of natural Eco-systems, St. Kitts and Nevis is one of the most captivating places in the world. The islands from northwest to southeast include Grande Comore (N’gazidja), Mohéli (Mwali), Anjouan (Ndzuwani), and Mayotte (Mahore). The Program is regulated by the Law on Economic Citizenship as of 27 November 2008. Both Paypal, Payeer and credit card companies report their money transfers to tax authorities in their home country. There are currently 15 citizenship-by-investment (CBI) programs operating around the world – from the Middle East to the Caribbean. While still operational, the citizenship by investment program in Cyprus gave you several investment options… but at €2,150,000 (plus V.A.T), it comes at a heftier price than Malta’s. Once you receive your Comoros citizenship it belongs to your family for life, as well as your descendants for future generations. The island lies in the heart of the Mediterranean Sea, between Europe and Africa.The official languages are English and Maltese. The main applicant has to pay USD 40,000, spouse USD 20,000 and minor children USD 10,000. The program is based on the law & is guaranteed by the government since 1984. Fast and efficient application process of approximately 2-4 months from application submission with no visit required. If you want to set up a company, open a bank account, invest, immigrate and/or obtain residency permits and even citizenship in the Comoros Islands, get in contact with us directly for a free private consultation. No taxes on income, capital gains, gift, wealth and inheritance. Citizenship by investment programmes enable countries to grant lifetime citizenship to individuals and families in exchange for an investment into the country’s economy. And there are of course agency and processing fees. 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