Two factors to consider before opting for citizenship by investment program

The concept of second citizenship is gaining popularity among wealthy segment across the globe. It is an effective and powerful dream combination for wealthy from a third world country.  While the fact remains that the idea to own a second citizenship seems fun and exciting, letting this dream of yours see the light of the day might not be easy at all. If you are serious about citizenship by investment then there are a few factors you should pay attention to before making any decision.

Here are a few factors to look into before taking any decision regarding second passport.

Budget:

This, perhaps, is the first thing that you should pay attention to. This especially stands true for those planning to set up their own business. Not only you should know about the business you want to start but also what all rebates and facilities you get to enjoy in return for your decision to invest into a business in a foreign country. If you are not opting for second citizenship through charitable donation, you can expect to recover initial investment after five years.

Time:

On the basis of your available funds, gaining citizenship to a new country can take from a few months to a few years. There are some people who want to start their business in a foreign country, however, have limited time by that country. In this case, also there is nothing to worry as you many nations out there make you get at least five years of temporary residence to start and set business. In these five years, you can work out strategies that let you achieve desired goals.

If you have doubts regarding the formalities involving business immigration then consult the professional attestation agencies as they can help you make the right decision.

 

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