WHAT IS CITIZENSHIP?
This can be clearly defined as the state of being a citizen of a particular country and having legal rights because of it.
WHAT IS CITIZENSHIP BY INVESTMENT?
Citizenship by investment is the means through which a foreigner becomes a citizen of a particular country by investing a certain amount of money in the country which in due time will let them become citizens of the host country and the second passport of its jurisdiction.
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WHAT ARE THE CRITERIA FOR CITIZENSHIP BY INVESTMENT IN THE UK?
- One must have the required Investment. ( these are listed below).
- One must be up to 18years of age.
- One Should have no contagious disease.
- There should be no criminal history and record.
- Dependants Include spouse and minor children.
WHY SHOULD ONE INVEST IN THE UK?
The UK is one of the most advanced countries in the world hence offers several benefits to foreigners who invest in it. Such benefits Includes:
- Full Confidentiality.
- Visa Free access to 164 countries.
- Citizenship for the whole family for life.
- High Quality of life.
- Top standard of education and healthcare.
More benefits can be seen here.
HOW MUCH CAN ONE INVEST TO HAVE CITIZENSHIP BY INVESTMENT IN THE UK?
There are two routes one can take while applying for Citizenship By Investment in the UK
1. Investor Route(Tier 1): Here, one has to invest a certain amount of money into a UK-based company. One would invest:
- £2,000,000 to settle in 5 years.
- £5,000,000 to settle in 3 years.
- £10,000,000 to settle in 2 years.
All additional fees and charges must be paid.
2. Innovator: To get this visa, you must:
- Have access to at least £50,000,000
- Your business must be endorsed by an approved body.
- Establish the business in the UK.
- Run the business and become Director.
- Apply for settlement.
Apart from the UK, there are other countries offering citizenship by Investment but the United Kingdom ranks number 1.
