Global citizenship and residence programmes
There are plenty of opportunities across the world to reside and gain citizenship. Many of these opportunities are aimed at those who can invest and provide value to countries.
At Hudson McKenzie, we assist applicants in applying for residence and citizenship programmes across the world including, but not limited to the following:
Quebec immigrant investor programme
The Quebec investor programme is a 5-year residency programme and aimed at attracting high net worth individuals. Applicants are required to invest a minimum of CAD$800,000 into a guaranteed investment for a period of 5 years. Applicants must be in possession of at least CAD$1.6 million and demonstrate an intention to settle in Canada.
For more information visit our Canada residence programme page
Cyprus residency programme
The Cyprus residence by investment programme requires applicants to contribute a minimum of EUR2 million into an investment option outlined by the Cyprus government. This route is a step towards Cyprus citizenship and subsequently, EU citizenship.
A variety of investment options are available including investment in residential or commercial properties, purchase of a share within a local company or investment fund.
Applicants can benefit from a fast visa processing time (around 2 months), unrestricted travel throughout Europe and inclusion of family members in the application.
Portugal golden visa programme
In order to be eligible for the golden visa programme, applicants must either purchase a property for at least EUR500,000, invest in a property for at least EUR350,000, make a particular investment or create 10 jobs for locals.
Applicants can gain residency for their family including dependent children and this residency programme is an accepted route to Portuguese citizenship within 5-6 years. This is a popular programme due to the flexibility of having to spend only 7 days in Portugal each year and having unrestricted travel across the EU states.
As part of the Maltese investment programme, individuals must make a contribution to the National Development and Social Fund, invest into Maltese government bonds, hold residence in Malta for 5 years and hold health insurance. The required investment is approximately EUR1 million.
The Malta citizenship by naturalisation programme was launched at the end of 2020. Applicants can benefit from tax efficiency as Malta has special tax schemes for new citizens along with tax being based on residency rather than citizenship.
Citizenship can be gained after a period of residency which is granted once due diligence checks are made. If approved, residency is given for a 36 month validity. Within 12 months of the residency card being issued, applicants must apply for citizenship by investment should they choose.
In order to be eligible for citizenship by investment, applicants must make a charitable donation of around EUR3 million to the Austrian economy or an investment of EUR10 million. In addition, applicants must have a clean record, a comprehensive CV showing business background and good references.
Along with other programmes within EU countries, those who successfully gain citizenship of Austria will have unrestricted access to other EU member states. In addition, applicants can bring family members and children up to 18 months can be included.
Should you have any queries regarding the above information or if you require assistance with your corporate, employment or immigration matter, please get in touch with a legal professional at Hudson McKenzie via email at firstname.lastname@example.org or by telephone +44(0) 20 3318 5794.
The information provided does not amount to legal advice.