Immigration

Immigration

Citizenship

Empire is trusted around the world to secure professionals and advisers of the highest pedigree to successfully provide Dual Citizenship, Residency, Tax, and superior Business solutions for its clientele. Our team of International advisors has up to date knowledge of Investor Immigration Programs worldwide and with Empire the sky is the limit.

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Citizenship Programs

Empire Global | Antiqua and Barbuda

The Antigua and Barbuda Program (CIP) was introduced in 2013 and emerged as one of the most favored programs in the world.

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Cyprus

Cyprus has one of the only two approved “Citizenship for Investment” programs in the European Union. The Scheme for Naturalization is open to all

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Citizenhip | Empire Global

Dominican Citizenship by Investment Program (CIP) is one of the fastest and most renowned across the world. The program was revamped in 2013

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Citizenship | Grenada | Empire Global

The Grenada Citizenship by Investment Program (CIP) was introduced in 2013 to provide an alternative means of revenue to the island.

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Empire Global | Malta

As a citizen of Malta, you also become a citizen of the European Union providing you the freedom of movement and work across the Union.

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Citizenship | Empire Global
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Citizenship | Empire Global
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Citizenship Planning

Dual Citizenship

What is dual citizenship?

Dual citizenship involves acquiring second citizenship in addition to your primary citizenship. Under normal circumstances, it can normally be acquired due to marriage, ancestry or the process of naturalization which makes you eligible for citizenship of a second country.

While, you may fulfill the conditions to have dual citizenship, acquiring dual citizenship needs fulfillment of a number of eligibility conditions as discussed below.

What are the benefits of dual citizenship?

In modern times, second citizenship has become an essential need for several reasons including:

  • visa-free travel opportunities offered by the second citizenship
  • to minimize tax liabilities arising from the citizenship of the first country
  • to be eligible for economic or business opportunities in the second country
  • to be eligible for social security benefits in the second country

People also travel for better economic opportunities or to escape conflict zones.

A few people point out that dual citizenship may expose you to tax liability in the second country or the requirement to undergo military service. While these may be factors for a small population, they can be managed with proper planning and the benefits outweigh any shortcomings many times over.

How can I acquire dual citizenship?

If you fulfill the requirements of ancestry, relationship to the second country due to marriage or have undergone the period of naturalization in the desired second country, then you are in luck and you can apply for second citizenship in the country subject to fulfillment of eligibility conditions.

Most of us are however not so lucky and need to find alternatives to acquire dual citizenship by alternative means. For some, they are unable to fulfill the naturalization requirements due to the shortage of time while for others; they are in an urgent need to travel.

Keeping these problems in mind, several countries around the world have started the process of providing second citizenship based primarily on investment by the individual and fulfillment of a few other basic requirements. These are called ‘Citizenship by Investment’ Programs and they are your fast track to a desired second citizenship.

Process of applying for a second citizenship

The first step in the process of acquiring dual citizenship for you would be to evaluate if the country of your first citizenship allows for the acquisition of second citizenship. If it does not, then you should be certain that you want to acquire the second citizenship since you will have to forego the first citizenship.

If you are not certain about the condition, you can contact Empire Global as we maintain a detailed list of countries and the exact provisions which govern citizenship in those countries.

The next step would be to choose the most appropriate country from the list of countries that offer a citizenship by investment program. We at Empire Global can assist you with the entire process of acquiring second citizenship from Antigua and Barbuda, Austria, Cyprus, Grenada, Bulgaria, Dominica, Malta, and St. Kitts and Nevis. You should select your preferred citizenship based on your individual requirements and keep in mind the financial outgo for a particular country. We will be happy to assist you in the decision making process if you inform us about your background and requirements.

Should I get second citizenship?

As our clients agree, acquiring second citizenship would allow a much greater degree of freedom and security and the option should be considered without any second thought. The benefits of second citizenship in the current global political and economic situation far outweigh any perceived shortcomings.

Citizenship by Investment Programs

Why is second citizenship important?

In the present day globalized scenario, where the world is your home, there should be no reason that you should be bound by borders merely because your Passport does not allow you visa-free travel. It should also not be the reason for you to stay in economic and social turmoil. Second citizenship can open doors to residence and travel in another country and may also provide linked social security, work, and travel benefits.

Citizenship by Investment Programs

Keeping the aforementioned factors in mind and to attract High Net worth Individuals to invest in their economies, a few countries around the world have opened ‘Citizenship for Investment Schemes’ also known as ‘Economic Citizenship Schemes.’ These schemes are available in countries at various locations ranging from the sunny Caribbean Islands to Mainland Europe.

How does citizenship by investment programs work?

Economic Citizenship schemes mostly require investment in the country or donation to the country for the development of the country. After a rather subdued beginning in the 1990s, the Economic Citizenship schemes have now caught the eye of the world and every year, individuals invest Billions of Dollars in these countries to acquire their second passport. It is a win-win scenario for both parties involved in the transaction. While the governments receive much-needed funds for the development of the economy, the citizenship aspirant receives a new path to receive the citizenship of a country that he desires. As the new citizens who come through these programs are generally financially strong individuals, so the country also stands to gain in terms of future investment and tax contributions.

The citizenship by investment programs is generally backed by specific legislation and has specific eligibility criteria that are provided by the governments which have introduced the programs. It is recommended that guidance from specialized consultants like Empire Global is taken before moving forward to take benefit from such a scheme.

Empire Global guides you on your path to second citizenship

We at Empire Global are here to assist you to acquire a second Passport through some of the best of these schemes and ensure that you have a smooth experience throughout the process. It is thought that the schemes have opened the gates for security, financial savings and visa-free travel for thousands and there should not be any reason for you to put a second thought considering the innumerable benefits of the schemes. The process would begin through preliminary assessment of your requirements and the legal formalities and would normally end in you acquiring your second passport within the fastest time possible.

  • The specialized accounting formats of the Regulatory authorities which require regular submission of reports.
  • Continuous scrutiny and record seeking by National authorities owing to international pressure.
  • Records sought by banks.
  • Detailed records sought by taxation authorities keeping in view the strict taxation on online gaming.
  • A large number of cross border transactions.

As it is a highly regulated sector and is under constant scrutiny by authorities, they sometimes seek detailed records in uncommon formats which cannot be sufficiently fulfilled with data recorded in traditional bookkeeping formats. In addition to this, the industry generates large amounts of data everyday which makes it extremely tough to maintain records.

Online Gaming Platforms at many times also have to keep track of suspicious transactions of high values owing to international agreements and regulatory policies.

Empire through its partners provides specialized bookkeeping services of the online gambling business for all major online gaming jurisdictions across the globe.