Elma Global - Second Citizenship by Investment
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Citizenship by investment in Dominica

Citizenship by investment program of the Commonwealth of Dominica is a direct second citizenship program that allows foreign nationals obtaining second passport by official donation of a prescribed amount of investment. The program was established in 1991 (only cash donation route of citizenship by investment was available). In 2014, Dominica has approved a real estate investment as another option of getting citizenship. The processing time for citizenship applications currently ranges from 3 to 4 months. Investment options are as follows. Contribution of USD 100,000 entitles foreign investor to acquire second citizenship and passport in Dominica. Contribution USD 175,000 is applicable in case of husband and wife or in case of one applicant + two minor children. In case investor has a family up to four members (e.g., husband, wife, and two children under 18 years old) the required contribution is USD 200,000. For a child between 18 and 25 years old additional contribution USD 50,000 is required. The contribution is to be paid after pre-approval of the citizenship application (not in advance). read more

Vanuatu Citizenship by Investment

Starting from January 2017, the Government of the Republic of Vanuatu has launched the Development Support Program (DSP) for the purpose of raising funds to support infrastructure and promoting economic development of the country. The citizenship by investment is a new provision enacted under the Citizenship Act with the powers conferred on the Prime Minister. Candidates may apply for Vanuatu citizenship by contributions to the Government. The citizenship by investment acquired under the program is fully recognized by the Government of Vanuatu and the nationality is regarded as Ni-Vanuatu (Vanuatu citizen). Those applying for and receiving citizenship by investment have the full right to reside in Vanuatu at all times and the passport is renewable upon expiry. Moreover, citizenship is inherited by future generations. The applicant must not have any criminal record and must be of high standing in his or her community, organization, society or country. Passports are valid for a period of 5 years renewable for the same period. read more

Citizenship by Investment in Montenegro

Montenegro citizenship by investment scheme was open for applications effective from October 3, 2019. The relative legislation came into force on Jan 1, 2019 and will apply until Dec 31, 2021. It allows foreigners to be granted citizenship by investment; the quota (limitation) of 2000 foreign investors is in place. The program is a combination of non-refundable donation (EUR 100,000) plus refundable investment (EUR 250,000 – EUR 450,000). This means applicants must donate a grant to the government and also invest in development projects (hotels, resorts, commercial real estate, etc.) that create jobs in Montenegro and contribute to the development of economy in general. read more

Citizenship by Investment in Cyprus

On the basis of a Council of Ministers’ Decision dated 24th of May 2013 foreign investors can acquire citizenship of Cyprus by investment of 2,000,000 – 2,500,0000 EUR depending on the chosen investment option (naturalization by exception). Key benefits of the Cyprus (EU) citizenship: 1) Free travel, residence, and work within the EU, 2) All family members (spouse, children under 18 years, and adult dependent children over 18 years and up to 28 years) can obtain Cyprus citizenship together with the investor, 3) No requirement to physically reside in Cyprus before the application or after obtaining the citizenship. read more

Immigration through Investment to Quebec

Canada is ranked by the United Nations as one of the world’s best places to live. With free-market access to the USA and easy proximity to India, Asia, South America and the EU, it is also a great place to do business. Under the Canada-Quebec Accord, the province of Quebec operates its own immigrant investor program. All investors must be selected by Quebec and must plan to settle in Quebec. Under Quebec’s Immigrant Investor Program, you and your family may become eligible for one of the most valued second citizenship – citizenship of Canada. The program is administered and guaranteed by the Government of Quebec, Canada’s largest province, has been in operation since 1986. Therefore, it is one of the oldest and the most reputable immigration by investment schemes in the world. Recently, in 2018, legislation was significantly modified. Generally speaking, the selection criteria (except for the investment amount required and assets required) rest the same but the threshold of the required investment now equals to CAD 1,200,000. read more

Immigration through Investment to the USA – EB5 visa

Immigration to the United States has been a major source of population growth and cultural change throughout much of the history of the United States. The leading emigrating countries to the United States were Mexico, India, and the Philippines. While an influx of new residents from different cultures presents some challenges, “the United States has always been energized by its immigrant populations,” said President Bill Clinton in 1998. “America has constantly drawn strength and spirit from wave after wave of immigrants… They have proved to be the most restless, the most adventurous, the most innovative, the most industrious of people.” Family reunification accounts for approximately two-thirds of legal immigration to the US every year. The total cost of the program is USD 960,000 (including USD 60,000 for legal and technical assistance, and refundable investment of USD 900,000). read more

Investment Programs in Comparison

“Elma Global” is one of the leading companies in the world in the sphere of relocation, and acquiring various immigration statuses: temporary residence permits, permanent residencies, second citizenship and second passports. The main offices are located in Moscow and Ukraine. Also, we have a vast network of business partners in the most attractive jurisdictions of the world (Canada, USA, United Kingdom, Switzerland, Bulgaria, Cyprus, Malta, Hong Kong, Singapore and some other countries). Below you can find our analysis of the most attractive investment programs of the world. read more

Honorary Consulate and Diplomatic Passport

It must be noted that many fraudulent and scam web-sites in the Internet offer Diplomatic Appointments and Diplomatic Passports. Experts of Elma Global, who have some practical experience in providing legal service for prospective Honorary Consuls to be appointed to the Russian Federation, Ukraine, and to Kazakhstan, are very skeptical about these offers. Diplomatic Positions even in the undeveloped and in the poorest countries are normally meant for career diplomats who enjoy full immunity and full privileges and not for businessmen. Nevertheless, there is no smoke without fire. Surprisingly enough the appointment of Honorary Consuls with many privileges is legally possible in some cases. A foreign government which feels that some form of representation in another country is desirable to complement the activities of its Embassy or Consulate may appoint a person who has not hitherto been part of their diplomatic service to fulfill this role. Honorary Consul may combine the position with his own commercial and business activities, and in some instances, may not even be a citizen of the sending country. Such consular appointments are usually given the title of Honorary Consul. These Honorary Consuls are not career officials of the represented state. Some of them are locally-engaged staff with the nationality of the sending country, and in smaller cities, or in cities that are very distant from full-time diplomatic missions. read more

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