Citizenship by Investment Programs provide families with the privilege of acquiring an alternative citizenship, which in turn gives them the right to resettle in another country, tax optimisation opportunities, increase global free travel to various destinations to which families would not have been able to travelbecause of their nationality and the setting up of and extension of business in another country. Many countries in the world and a good estimate of over 120 of them have some form of legislation making it possible for non-nationals to receive their country’s citizenship and passport. Of these, about 40 residence and/or citizenship by investment programs are running successfully,
Speaking at the DC Conference on its own UK investment program,Tugendhat said; “We found that it was so open to abuse that we had to stop it. So we’ve closed down tier one visas. And we’re going through the process of making sure that none of those loopholes are left within our existing visa routine ‘.
For more information consult WhinChester at:
For more information consult WhinChester at:
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