There is no doubt that getting a second passport can be very exciting. One of the ways to obtain citizenship and residency in a country is by making a substantial investment. Yes, this requires you to spend your hard-earned money and when you are doing so, you certainly want the benefits to be equally valuable. The good news is that countries offering these programs do provide people with some prominent benefits. If you are wondering whether to apply for citizenship by investment or not, here are some great reasons to consider doing so:
- An improved lifestyle
Citizenship by investment programs are popular because the investor and their family can get access to better services like security, transport, healthcare and education. For instance, opting for such a program in a European country allows people to live, work or study in any country of the European Union.
- Traveling freedom
Some citizenship by investment programs like Malta citizenship scheme can provide freedom of travel to the applicants. You don’t need to apply for a visa every time you want to travel because becoming a citizen of Malta lets you travel visa-free to a number of countries in the world.
- Financial benefits
One of the best reasons to opt for a citizenship by investment program is the excellent return that it can offer to investors. No other program is capable of offering such returns, which can be as high as 12% and they also come with a buy-back guarantee after you have qualified for citizenship.
- Tax benefits
Another great reason to consider getting citizenship by investment is because of the tax benefits you can enjoy. The tax breaks are undoubtedly impressive, especially when they are coupled with improved personal tax and corporate exposure. It can help in reducing your liabilities and allow you to save in the long run.