Providing the Citizenship Status by Investment
Identity of status of a person belonging to a particular community or a part of country is called the citizenship. The citizenship provides the legal form of identity or a proof for a person belonging to the country under their customs or laws satisfied all the norms and conditions to prove the identity or belongingness. Every country provides the citizenship to their people who are living in the country for a long period of time. Normally by birth a person got his citizenship of that country where he or she born. Some countries provide the chance of getting their country’s citizenship for the people who entered their country legally with all proofs to work for a specific period of time. The citizenship is necessary for any person to be a part of nation and all the citizen take part to improve the national economical growth. The people who want to invest in other countries they need to provide all the legal confirmation regarding their permanent residency proofs to become a part of economy of other countries. There are so many countries provide this facility to invest in their countries to develop their economy globally. This process is known as economic citizenship. There are so many economic citizenship courtiers worldwide to provide the high investment opportunities in respective fields to improve economy of their nation.
Invest in the country: If you have much money to invest in the business in the country you like to reside, the country easily gives a second passport with less effort required. It even allows your spouse and family to get in and provides permanent residence after residing for few years.
The process of investment in second country’s economy
The person or investor needs to wait for some specific period of time after becoming the citizen of second country and after completion of all the legal proceedings. Because every other country has been designed their own laws and legal formalities to go through the investment process or programmes. The time process is differs from one country to other country. Every country has planned the process of economic growth by the investors from all over the world. This process is a mutual advantage for both the investors and the economic citizenship countries. The investor becomes an international entrepreneur and also gets the other advantages like dual citizenship, visa benefit or visa free travelling to number of countries worldwide.