Citizenship by Investment for Pakistan
Pakistani citizens only have visa free travel to around 30 countries and territories making it one of the lowest ranked passports worldwide. Many Pakistani citizens are looking to obtain a second passport to be able to travel globally and capitalize on global opportunities. By having a second passport that allows access to a high number of visa-free travel destinations is an advantage for anyone interested in doing international business. A passport from another country allows you to live and work in the country and you may also have access to health care and educational opportunities. People from Pakistan are looking to the Caribbean and Europe to get a second passport to secure their future and the future of their family. There are 5 citizenship by Investment programs that may be of interest to citizens of Pakistan as well as 2 current European Citizenship by Investment programs with new European citizenship by investment programs coming in the near future.
2 popular choices for citizens from Pakistan include:
- St.Kitts & Nevis Citizenship by Investment
- Cyprus Citizenship by Investment
St.Kitts & Nevis Citizenship by Investment
The St.Kitts & Nevis Citizenship program is known as the platinum brand is one of the best citizenship by investment programs offering visa free travel to over 150 countries including Schengen Area, United Kingdom, Switzerland, Russia, Hong Kong and Singapore along with other countries. There is a 60 day accelerated procedure for applicants seeking to obtain citizenship in a fast-track manner. The regular time line for obtaining citizenship is 3–8 months.
There are two options to obtain St.Kitts & Nevis Citizenship by Investment. The first is by making an investment into the Sustainable Growth Fund starting at US$150,000 for a main applicant with an additional US$25,000 for the spouse and US$10,000 for each additional dependant included in the application. The second option would be to invest in government designated real estate that starts at US$200,000 to be held for 7 years plus additional processing fees.
There are many advantages to St.Kitts & Nevis Citizenship which include:
- High visa free travel to over 150+ countries
- Visa free countries regularly added to the list
- No visit required and no requirement to reside in the country to obtain citizenship
- No personal income tax in St.Kitts & Nevis
- Family can obtain citizenship and passport
- citizenship by descent is possible
- stable economy and a safe place to live
General Information about St.Kitts & Nevis
St.Kitts & Nevis is located in the Eastern Caribbean. The main language is english and the legal system is based on common law. St.Kitts & Nevis is involved on the international scene and is member of CARICOM, the United Nations and other leading international organizations. The island is known for tourism and the financial services sector
Cyprus Citizenship by Investment
The Cyprus Citizenship by Investment program is much more costly compared to Caribbean Citizenship by Investment. It can take anywhere from 3–8 months to obtain citizenship from Cyprus and costs between EUR 2 million to EUR 2.5 million. The time line to obtain Cyrpus Citizenship is 3–8months. One of the reasons why the Cyprus citizenship program is popular is because with Cyprus citizenship you can live and work anywhere in Europe without the need to reside in Cyprus. Cyprus citizenship has visa free travel to over 140 countries which include Canada, Australia, United Kingdom, Schengen countries and others.
There are many advantages to Cyprus Citizenship which include:
- Can work and live anywhere in the European Union
- High visa free travel to over 140+ countries
- Visa free countries regularly added to the list
- No requirement to reside in Cyprus
- Free trade within the EU and tax advantages
- citizenship by descent is possible
- stable economy and a safe place to live
General Information about Cyprus
Cyprus is an island in the Mediterranean Sea with a legal system based on English common law. Cyprus has very low tax rates for Europe with tax exemptions for persons who do not live in Cyrpus.
JH Marlin has experience assisting clients all around the world obtain a second passport to live more freely and more globally. Please don’t hesitate to get in touch and receive more information.
Jennifer Harding-Marlin / Attorney / Citizenship by Investment Specialist / JH Marlin Law / jhmarlin.com / jennifer@jhmarlin.com
