Freedom of Travel through a second passport and citizenship
Published at: 23/11/2018 01:19 pm
Clients from developing countries who do not want to apply for different entry visas prefer to obtain second citizenships and passports. The various citizenship by investment programmes guarantee the freedom of travel without visas for High Net Worth Individual applicants.
Wealthy investors from developing countries as Nigeria, the Gulf-states, India, Pakistan, Bangladesh, etc. are looking for permanent solutions, which help them to achieve the freedom of travel. So, they can travel, stay, and sometimes even work in one or several countries, without applying for entry visas.
For example, a High Net Worth businessperson from Nigeria can travel only in 49 countries without a visa or by obtaining the entry visa upon arrival. Meanwhile, by participating in Malta's Individual Investor Programme, the citizenship of the EU Member State allows its citizens to enter in 161 states. Discus Holdings Ltd offers eight citizenship by investment programmes for wealthy applicants.
Aside Malta, the other countries are also offering the right of entering without visas in a significant number of countries, as Cyprus (156), Antigua and Barbuda (131), Saint Lucia (128), Grenada (127), Saint Kitts and Nevis (133), Dominica (123), and Vanuatu (124).
On the other hand, second citizenship can help you also to work in different countries. Citizens of the European Union (you can reach this status through the Maltese or Cypriot citizenship by investment programmes) can freely move to the other Member States and associated countries, and they can start to work, and after preparing all necessary steps, they can settle temporary or later permanently in their new country of residence.
What is the main difference between entry visa, residence permit and citizenship regarding the Freedom of Travel?
Entry visa - allows you to enter a country once or multiple times and stay short period.
Residence permit - enables the resident to live in a country and enter without a visa.
Citizenship - guarantees the same rights as the other citizens of the country enjoy (freedom of travel, etc.)
Read here more about the available citizenship by investment programmes!