2020 passport immigration project analysis (international version), after reading this article you are more professional than the intermediary, the latest, most complete and authoritative in-depth discussion
Dominica, Saint Kitts, Antigua, Grenada, Turkey, Saint Lucia, European countries: Cyprus, Malta, Montenegro, Moldova, upgraded version of Dominica, Greece, Republic of China (Taiwan), Vanuatu 2020 Comparison of passport immigration projects in 2015, the latest and deepest analysis
Sub-article in-depth analysis of the current legalInvestment citizenship programs project.
Passport immigration project analysis
Definition of BCBIC passport item
BCBIC (Bih Citizenship by Investment Comparison, https://passport.bprol.com)BIH Investment Citizenship Program IndicatorsakaPassport itemsOrganized the global citizenship of natural citizenship project,Investment citizenship programRefers to the government's acceptance of the financial contribution of foreigners, and after the completion of due diligence, the investor and the investor's family members are granted citizenship.
Benefits of becoming a CBI citizen
- apply for a passport
- Right of permanent residence, right to work, right to participate in politics (some countries still have restrictions)
- Education system, medical care, national welfare
- Protected by the country
The conditions for becoming a BCBIC assessment project
Since there are many existing citizenship projects for investment citizens, and even new projects are launched every month, Bih only adopts projects that meet the following ten conditions at the same time.
- Open, transparent, and through national legislation procedures, and recognized by other countries
- Ability to apply for a passport
- Valid citizenship
- Full citizenship
- Permanent citizenship
- Identity can be passed on to the next generation
- Can provide tax resident status
- The project time can be completed within one year (365 days), one of the following,
- Approval of naturalization application,
- Issue a passport,
- Issue a certificate of naturalization,
- Issue a citizenship ID card,
- Or agree in principle
- The project is still open to the public
- Not receivedUnited NationsSanctions by international organizations
A total of 12 CBI projects have been included in BCBIC (https://passport.bprol.com):Dominica, Saint Kitts, Vanuatu, Montenegro, Moldova, Cyprus, Antigua, Grenada, Turkey, Saint Lucia, Malta, Greece, Republic of China (Taiwan)
cost analysis
Spending is generally the main issue considered by people of all walks of life. After all, in the case of limited funds, they will choose products that are easier to bear on themselves. The cost includes the government's investment in the project (donation, house purchase, investment) plus participation in the project. The costs (government fees, due diligence, attorney fees, application fees, naturalization certificate, courier, plus administrative fees), here are the costs of the existing passport program in 2020.
The investment cost of the project is on average 350,000 Euros
The minimum cost of the project is 100,000 USD (a total of four:Dominica, Antigua, Saint Lucia, Moldova), up to 2 million euros (Cyprus), the cost of more than 200,000 belongs to the family type, can bring the whole family (Merta, Taiwan, Cyprus, Upgraded version of Dominica, Montenegro), other projects can increase the amount of donation or investment to achieve the same effect.
Reference source:https://passport.bprol.com
The cost of the project ranges from USD 50,000 to EUR 150,000
Generally speaking, other expenses of the project (Government fees, due diligence, attorney fees, application fees, naturalization certificates, express delivery, administrative fees) Has a linear relationship with the investment amount of the project itself,Caribbean SeaThe national project cost averages less than 50,000 US dollars, and the EU project costs average 150,000 euros. But also to remind that the Greek project (independent financer and golden visa) in BCBIC is not a passport project, but only a right of abode project.
Reference source:https://passport.bprol.com
From the chart, it can be seen that the other expenses of the project are probably 30% to 50% of the project's own investment. Although this is not a small expense, it is an unavoidable expense; some applicants have caused greater losses in order to save costs.The actual fee will be increased or decreased according to the services provided by the discriminating agency and the number of applicants.
Average cost of Caribbean countries
Caribbean SeaThere are a total of 5 countries open to investment citizenship programs (passport projects), the average investment cost of a single applicant is 100,000 US dollars or 150,000 US dollars (see the table below), plus fees (government fees, due diligence, lawyer fees, application Fee, naturalization certificate, courier, administrative costs) within about 50,000 US dollars.
Reference source:https://passport.bprol.com
Visa-free country analysis
Visa-free country ranking
Reference source:https://passport.bprol.com
Visa-free country comparison
All passport items exceptMontenegro is not free to sign the UK,Turkey and Moldova are inevitably signed for the United Kingdom and Europe,All other projects are visa-free in the UK and Europe, respectively 180 days in the UK and 90 days in Europe.
Reference source:https://passport.bprol.com
In major countries that are visa-free (UK, US, European countries, Canada, Australia, New Zealand, China), only the Republic of China (Taiwan passport) is visa-free for all countries, but unfortunatelyNot open to mainland passport holders, Only open to people with Hong Kong and Macau status only (see link:Hong Kong and Macau Identity Person Standard)
Dominica visa-free countries
The usual visa-free means that ordinary passports can be used without visas or visas on arrival, but now some countries have opened simple online application submission, which forms a new advantage of visa exemption. ToDominica Visa Waiver MapFor example, we can see that the Caribbean island countries have good accessibility.
Processing time analysis
The processing time starts after submitting the application materials, and the materials that need to be prepared can beRefer to this article, Because everyone's situation may be different, so refer toBCBIC websiteProcessing time.
Average time: within six months
Judging from the majority of investment citizenship programs, the shortest time isDominica (Dominica), St. Kitts and Nevis (St. Kitts), and Vanuatu (Vanuatu), the average time is three months. Come again is a project that takes three to six months: Moldova (Moldova),ACBIP (upgraded version of Dominica), Antigua (Antigua), St. Lucia (Saint Lucia), Grenda (Grenada).
Reference source:https://passport.bprol.com
EU passport project: one year
Cyprus and Malt need one to two years to become naturalized, the most important reason is that the EU is gradually stricter in due diligence and review of funding sources, andEconomic Cooperation Development OrganizationFor anti-montry laundry and CRS requirements, if the applicant is not clear about the source of funds, they will be rejected.It is the highest rate of refusal of all CBI projects.
Taiwan
Due to political factors, the Republic of China (Taiwan) does not open any investment citizenship channels to citizens of the People’s Republic of China, but Taiwan’s existing laws permitholdHong Kong or Macau passportversusHome Return CertificateandDo not hold any other nationalityOf Chinese citizens. So the only way to distinguish is to get Hong Kong status in seven years, give up the domestic status, and invest about 200,000 US dollarsImmigration to Taiwan, This process takes about nine years, if you feel that you have no chance, you can considerUpgraded version of Dominica passport.
Red warning
The following countries are listed here as friendly to China. Some Chinese forces may be involved in this country. Some incidents have caused international public opinion and raised doubts about the security of the passport project itself and the confidentiality of the project.
Saint Kitts and China
Representative of the Northern People's Congress of Hebei ProvinceSun Xiangevent.
Cyprus and China
Signed with ChinaExtradition Treaty(June 29, 2018)
Vanuatu and China
- According to the Vanuatu Daily, Chinese citizens were arrested by Vanuatu police during a night raid, and the group was escorted to an unmarked plane. Each suspect was beside a police officer, the Vanuatu Interior Minister said ,China did not tell him why. (July 2019)
- According to Vanuatu law, these six people have not been charged with crimes,There is no extradition procedureFour of the six people arrested have the dual status of Vanuatu and Chinese citizens. (July 2019)
Grenada and China
- Grenada adoptedExtradition Treaty Act(November 2018)
- Grenada investment citizenshipThe committee stated, 98% of Grenada passport applicants have come from China so far in 2018
- Grenada publishes information on the use of citizenship through investment programscaveat(February 2019)
Right to work analysis
All investment citizenship citizenship programs (passport projects) provide complete citizenship, permanent residency, and follow-up rights. The only other privileges areEU Passport Project (Maerta and Cyprus)Of citizens own at allEUCountries (Australia, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal , Romania, Slovakia, Lovinia, Spain, Sweden).
Organization of Eastern Caribbean States
Organisation of Eastern Caribbean StatesThe ten countries in the country, including Dominica, Antigua, Grenada, Montserrat, Saint Kitts, Saint Lucia, Saint Vincent, British Virgin Islands, Anguilla, Martinique, are like a A small European Union organization, citizens of member states have the right to work in any country of the member states.Reading: Living in the Eastern Caribbean.
Permanent residency/citizenship
occurSARS,Middle East respiratory syndromeWith the pandemic in China from 2019 to 2020COVID-19 Coronavirus Outbreak (Coronavirus)Since then, more people have paid attention to the importance of the right of abode. Countries have restricted the entry of citizens from the epidemic area. In 2020, more than 30 countries have restricted the entry of Chinese nationals, making the right of abode in the passport program (investment of citizenship) The importance of the plan) appears to be of particular concern. The right of abode here refers not to entry as a visitor because of the passport exemption policy, but ratherUnlimited stay and no return ticket treatment.
Projects with EU citizenship
MaltawithCyprusAll countries that belong to the European Union can live in the country after acquiring the nationality of Malta or CyprusEUAny country (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden).
Project with citizenship in 10 Eastern Caribbean countries
Since 1981, by the EastCaribbean countriesAn intergovernmental organization was established, dedicated to economic coordination and integration, protecting human rights and legal rights, and encouraging good governance and dependence among Eastern Caribbean countries, deciding to establish an economic unionOrganisation of Eastern Caribbean Sates (OECS), The 10 member states of the organization (Dominica,Antigua,Grenada, Montserrat,St kitts,Santa lucia, Saint Vincent, British Virgin Islands, Anguilla, Martinique) to ensure the free movement of citizens and provide protection for all citizens of the member states of the Protocol in the field of economic unions. Like the European Union, citizens of these countries allow free circulation and the right to work, refer to:A Dominica passport allows you to work in 10 countries and live in 10 countries.
Ways to have EU permanent residency
Investing 250,000 Euros in Greek real estate can also directly obtain permanent residence in Greece. Reference: GreeceGolden visaversusPurchase cost computer.
Degree of freedom analysis
Several NGOs currently issue assessments of freedom around the world based on their own definitions.BCBIC (https://passport.bprol.com)Citizenship by investment citizenship plan and national calculation are combined and ranked based on political rights, economic rights, civil liberties, visa-free countries, and the number of citizens with residence and work rights. The scores are compared between plans only , The highest is 100, the lowest is 0.
World Freedom Survey (National Freedom)
byFreedom House) The world freedom survey is divided into freedom, partial freedom, and non-freedom. You can also go toHereView the full report.
It is worth mentioning that in the passport project, Cyprus,Commonwealth of Dominica, Taiwan (Taiwan) is ranked first with the United Kingdom, with a total score of more than 93 points.
Economic freedom
- Complete freedom (80-100 points)
- Relative freedom (70-79.9 points)
- Limited freedom (60-69.9 points)
- Comparative suppression (50-59.9 points)
- Suppression (49.9 points or less)
Freedom calculation formula for passport items
According to the following five elements, take the sum of the percentage levels:
- Number of countries with right of abode
- Number of countries with work rights
- Number of countries where passports are visa-free and landing visas
- National freedom
- Economic freedom
Percent grade formula:(Cl+0.5fi)/N*100%, Result reference https://passport.bprol.com
Analysis related to the United States
B1/B2 visa
B visaIt is the most common visa used to visit the United States, and all passport items can be applied for an interview with the U.S. EmbassyB visa, Actually issued oftenType B visaYesB1/B2 visa: Can be used for both tourism and business. In addition, US business and tourist visas can also replace C1 transit visas.
E visa
The E-1 Treaty Merchant Visa allows individuals to enter the United States and work in the United States based on their business activities. The visa is only applicable to citizens of certain countries and has at least 50% of the shares of U.S. companies. The international trade involved More than 50% must be between the United States and the treaty country.
Can apply for E2 visaGrenada,Cyprus,Taiwan,Malta,Tushenqi. reference https://passport.bprol.com
Visa-free USA
Only visa-free access to the United StatesTaiwan,withMalta. reference https://passport.bprol.com
Fund safety analysis
The safest country
according toFinancial Security IndexThe calculation of the five indicators, the minimum tax rate, loopholes, transparency, anti-avoidance, and avoidance of double taxation, the top ten are:Cayman Islands (first), United States (second), Switzerland (third), Hong Kong (fourth), Singapore (fifth), Luxembourg, Japan, Netherlands, British Virgin Islands, United Arab Emirates, Countries that do not have any citizenship investment plans are in the top ten.
Taiwan, Malta, Cyprus are relatively safe
After the 10th place, the first place for the safety of funds for investment citizenship projects is Taiwan, ranking 13th in the world, followed by 18th place in the world and 27th place in Cyprus; but unfortunately Taiwan is only right Hong Kong and Macau residents open(View link:Hong Kong and Macau Identity Person Standard)Non-Hong Kong and Macao people can only choose Malta and Cyprus.
Rank | Passport items | World Ranking |
1 | Taiwan | First13name |
2 | Malta | First18name |
3 | Cyprus | First27name |
Antigua, Grenada, Santa Lucia are the least safe
Saint Lucia has the lowest score and ranks second to last in the world. Generally speaking, Caribbean countries and Eastern European countries have low scores.
Rank | Passport items | World Ranking |
* | Antigua | First122name |
* | Grenada | First126name |
* | Saint Lucia | First132name |
Which country is the safest for putting money
Under the most ideal prerequisite, acquiring EU nationality, and leaving funds in Europe or the United States through the investment citizenship program of Malta or Cyprus is one of the best options;I do not recommend leaving the funds in the Caribbean countries,Instead, it is recommended to open an account in Europe, Hong Kong, Singapore, and leave the money in these places. Account opening needs to pay attention to CRS and tax number and proof of address, you can refer to my article:Are you right to transfer assets overseas?? as well asHow to open an account with an offshore bank? Teach you to use Dominica passport, apply for account opening overseas, get a bank card in one day!
Cross-border exchange of tax information
For financial institutions, as long as you are a Chinese tax resident and your money has gone overseas, according to the CRS agreement, the truth (very likely) is that the country still has a copy of your overseas account information, if your money is If you cannot prove the legal source through illegal channels, you will be very troublesome. I have written a very complete article, please refer here:How to plan? Legally and securely avoid the automatic exchange of global bank account information? Passport + identity planning how to solve the problem of CRS?
Evaluation
Each project may have different concepts for different people. Some people think about time, some people think about price, some people pay attention to education, and some people pay attention to fund safety. However, the International Passport Project Evaluation (CBI Index) puts applicants The most frequently considered factors are scored, and the passport passage country (Freedom of movement), standard of living (Standard of living), minimum investment outlay (Minimum investment outlay), landing or residence requirements (Mandatory travel or residence), and processing time (Citizenship timeline), process convenience (Ease of processing), due diligence (Due diligence) made a 2019 project ranking, let's take a look at this result.
International Passport Project Index Evaluation
Reference source:CBI IndeX
Visa-free travel or visa on arrival to more than 180 destinations. referenceBCBIC (https://passport.bprol.com).
USD 100,000 (single applicant) plus the processing fee:DominicaProvide Saint Lucia with the most affordable investment options.
Applicants and escorts do not need to log into the country or interview. referenceBCBIC (https://passport.bprol.com).
You can obtain citizenship and receive a passport in as little as three months. referenceBCBIC (https://passport.bprol.com). Saint Kitts has newly launched an accelerated application process (AAP), which provides a fixed processing time of 60 days.
Measures the complexity of citizenship applications. In some projects, the application process may be a heavy and laborious task, which is very time-consuming for the applicant.DominicaThe process has been simplified, and the applicant has received clear instructions on how to apply for citizenship by investment.
Among the seven indicators: Passport Passing State (Freedom of movement), Standard of Living (Standard of living), Minimum investment outlay (Minimum investment outlay), Landing or residence requirements (Mandatory travel or residence), Citizenship timeline, Ease of processing and due diligence may have different views. Maybe you think that investment cost is more important, or your standard of living is more important. You may wish to gather more information online or ask BihSchedule.
Trap analysis
Passport items that do not exist
Mexico, Paraguay, Malaysia, Philippines, Thailand, Myanmar, Marshall, South Korea, Guatemala, Guatemala to Spain, Nicaragua, Costa Rica, Albania (not yet open), the EU has investment citizenship citizenship plans (both more than one year apart from Bulgaria and Austria) ) Are passport items that do not exist.
Passport program that allows you to immigrate to the US and Canada
Mexico and Marshall are non-existent passport programs.
Run a local-born passport program
No need to submit crime-free passport items
apart fromGreece to buy a house,Greek financial independentbelongRight of abodeThe project will not be required to submit a crime-free before it is officially naturalized. Currently, only immigrants from Turkey who do not need to submit a crime-free, Turkey has its own network system.Vanuatu does not need to hand over crime-free or informal projects. referenceBCBIC (https://passport.bprol.com), And other non-criminal projects that do not require submission are informal.
Mainlanders immigrate to Taiwan
There is no legal way for mainlanders to obtain the national identity of the Republic of China (Taiwan) within eight years.
in conclusion
We found that more than fifty percent (50%) of applicants areConsultationI have already locked the project and understand my goals. This is a relatively correct approach, but there are still 30% (30%) remaining inConsultationThe details of each product, but still do not know what you want, we suggest that you think about what you hope to achieve in one year or even three years, and then choose the appropriate project, or use this website for free which providedImmigration, right of abode self-assessment and analysis.
Now is an era of developed Internet and relatively free information. It is often seen that some people share their online use and it is difficult to obtain a US green card or a Canadian maple leaf card at an incredible cost. However, there are often more people who fail than people who succeed, in fact Disasters and risks always come more quickly than good luck. Bih recommends that you use formal channels, correct procedures, formally sign contracts and support costs to obtain peace of mind. You can refer to the budget evaluationThis article.
A person's thinking is limited. Successful people know how to use professional time to help him solve problems and focus on what he is good at; many people invest two to three years to specialize in their own projects, but when they make decisions When the problem became apparent, the recent new pneumonia (Coronavirus) saw this example. I suggest you earlyDetermine direction, plan ahead, control costs, and allow family members to prepare first, You can make an appointment with BihVip consultationorHigh-end consulting.
The identity of a national is not just traveling with the passport of the country, but more is the right to enjoy national identity, tax incentives, property protection and business rights. If you use identity as a travel document, you not only waste your identity Citizenship rights, you also underestimated the true value of investing in citizenship citizenship programs. It is recommended that you can watch the video:Three things you should do immediately after getting a Dominica passport.
There is never the best project, only the most suitable project. Once the direction is determined, implementation is more important than anything. Oral, planning, evaluation, and examination will not let you get the results you want, only implementation Can let you achieve your goals, don't be a stolen person, and implement your plan.
reference
BCBIC (https://passport.bprol.com)
Further reading
Quickly understand the Dominica's CBI program, processing, materials, legalization, time, visa-free countries, qualifications, advantages
Advanced Citizenship by Investment of Dominica
How to open an offshore bank account for Dominica passport holder?
To apply for 10-year USA B1/B2 visa with Dominica passport is simpler than you think
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Dominica citizenship program
- The Dominica citizenship program was established in 1993 and is one of the oldest naturalization programs in the world.
- Passport immigrationApplicants are not required to attend the interview
- Can handle immigrants quickly: the time is about 2-3 months
- For single applicants, this is the most cost-effective plan
- Identity can be passed on permanently to the next generation
- Click here for consultationreservation
