A Detailed Guide to Citizenship by Investment
A citizen is a member of the nation who meets the legal requirements of a national, state or local government. A nation grants certain rights and privileges to its citizens under the law and the citizen in return is responsible for upholding these laws and protecting their nation. An individual can choose to give up the citizenship of the nation they are born in and apply to be a lawful resident of another country. A method of obtaining citizenship is by investing in that country. What is Citizenship by Investment(CBI)? Words such as globalization, global citizen, and second passport are used often these days. The concept of citizenship is no longer bound to your country of origin. Citizenship by Investment programmes is a way of obtaining a second passport and becoming a legal citizen of another nation by investing in their local economy. Only a handful of countries currently offer such programmes. There is a higher concentration of these programmes in the Carib...