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Golden Visa Or Citizenship By Investment - Travel - Nairaland

Nairaland ForumNairaland GeneralTravelGolden Visa Or Citizenship By Investment (1453 Views)

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Golden Visa Or Citizenship By Investment by Ozone007(op): 8:29pm On Sep 11, 2024
This is one topic I have not be able to find in nairaland so I decide to create it.

Which would you advise?

Note that the following countries have golden visa:

Portugal (€500,000 investment)
Hungary (€250,000 investment)
Greece (€250,000 investment)

You will be issue 3 to 5 years Residence permit which is renewable on expiration or apply for permanent residence which can lead to citizenship

Citizenship by investment

The following countries offer it:

St Kitts and Nevis ($280,000 idonation and haves access to 157 countries including US,UK and Canada)

Antigua and Barbuda ($220,000 donation and access to 151 countries)

Dominical ($200,000 donation and have access to 147 countries)

St Lucia ($200,000 donation and have access to 150 countries)

Grenada ($210 donation and have access to 149 countries)

Which would you recommend and why?
Re: Golden Visa Or Citizenship By Investment by jjbest123(m): 3:01pm On Sep 18, 2024
Ozone007:
This is one topic I have not be able to find in nairaland so I decide to create it.

Which would you advise?

Note that the following countries have golden visa:

Portugal (€500,000 investment)
Hungary (€250,000 investment)
Greece (€250,000 investment)

You will be issue 3 to 5 years Residence permit which is renewable on expiration or apply for permanent residence which can lead to citizenship

Citizenship by investment

The following countries offer it:

St Kitts and Nevis ($280,000 idonation and haves access to 157 countries including US,UK and Canada)

Antigua and Barbuda ($220,000 donation and access to 151 countries)

Dominical ($200,000 donation and have access to 147 countries)

St Lucia ($200,000 donation and have access to 150 countries)

Grenada ($210 donation and have access to 149 countries)

Which would you recommend and why?
I will always choose Grenada anytime,any day.

Reasons are;

📌It's one of the safest Island in the Carribbean,and hurricane occurrence is less compared to other islands.

📌I have a chance of having a business in the USA with the E-2 visa agreement between both countries.

📌I have the chance to travel to China for business,without a visa,other Carribbean islands don't enjoy such,and it will boost my importation Business back home .

📌Cheaper than St. Kitts that has more visa free countries in the Carribbean,and others. Etc
Re: Golden Visa Or Citizenship By Investment by Ozone007(op): 4:57pm On Sep 18, 2024
jjbest123:
I will always choose Grenada anytime,any day.

Reasons are;

📌It's one of the safest Island in the Carribbean,and hurricane occurrence is less compared to other islands.

📌I have a chance of having a business in the USA with the E-2 visa agreement between both countries.

📌I have the chance to travel to China for business,without a visa,other Carribbean islands don't enjoy such,and it will boost my importation Business back home .

📌Cheaper than St. Kitts that has more visa free countries in the Carribbean,and others. Etc
Thanks for the information and I never taught about point one made

I was just considering St Kitts and Nevis without thinking about the disadvantages

Thanks once again
Re: Golden Visa Or Citizenship By Investment by jjbest123(m):
Ozone007:
Thanks for the information and I never taught about point one made

I was just considering St Kitts and Nevis without thinking about the disadvantages

Thanks once again
You are welcome,same till I started researching about each of them,was carried away initially because St. Kitts has more visa free countries.

By ticking my boxes,and all that, Grenada it is for me.

Considering other advantages that is helpful to me.
Re: Golden Visa Or Citizenship By Investment by OBTOREPA(m): 7:05pm On Sep 18, 2024
Ozone007:
This is one topic I have not be able to find in nairaland so I decide to create it.

Which would you advise?

Note that the following countries have golden visa:

Portugal (€500,000 investment)
Hungary (€250,000 investment)
Greece (€250,000 investment)

You will be issue 3 to 5 years Residence permit which is renewable on expiration or apply for permanent residence which can lead to citizenship

Citizenship by investment

The following countries offer it:

St Kitts and Nevis ($280,000 idonation and haves access to 157 countries including US,UK and Canada)

Antigua and Barbuda ($220,000 donation and access to 151 countries)

Dominical ($200,000 donation and have access to 147 countries)

St Lucia ($200,000 donation and have access to 150 countries)

Grenada ($210 donation and have access to 149 countries)

Which would you recommend and why?
Dominica to me is the best
Re: Golden Visa Or Citizenship By Investment by Ozone007(op): 8:11pm On Sep 18, 2024
OBTOREPA:
Dominica to me is the best
What are your reasons sir?
Re: Golden Visa Or Citizenship By Investment by gforce5: 3:17pm On Oct 22, 2024
I would recommend Grenadian citizenship by investment. The reasons are as follows:

1. It is cheaper than most Caribbean citizenship by investment schemes. With the current high exchange rate, that is a very important factor to consider.

2. It grants you visa-free access to China which most of the other Island countries bar Dominica can't.

3. It has the E visa which enables you to migrate to the U.S. and establish a business there. You can't beat that.

4. Grenada is one of the least affected countries in the Caribbean in regards to natural disasters.

These are my reasons for choosing the Grenadian passport over other Caribbean passports. St. Kitts has more visa-free access countries but it does have access to the Chinese market nor does it give you the option of migrating to the U.S.

Ozone007:
This is one topic I have not be able to find in nairaland so I decide to create it.

Which would you advise?

Note that the following countries have golden visa:

Portugal (€500,000 investment)
Hungary (€250,000 investment)
Greece (€250,000 investment)

You will be issue 3 to 5 years Residence permit which is renewable on expiration or apply for permanent residence which can lead to citizenship

Citizenship by investment

The following countries offer it:

St Kitts and Nevis ($280,000 idonation and haves access to 157 countries including US,UK and Canada)

Antigua and Barbuda ($220,000 donation and access to 151 countries)

Dominical ($200,000 donation and have access to 147 countries)

St Lucia ($200,000 donation and have access to 150 countries)

Grenada ($210 donation and have access to 149 countries)

Which would you recommend and why?
Re: Golden Visa Or Citizenship By Investment by Treadway: 8:58am On Oct 23, 2024
I
gforce5:
I would recommend Grenadian citizenship by investment. The reasons are as follows:

1. It is cheaper than most Caribbean citizenship by investment schemes. With the current high exchange rate, that is a very important factor to consider.

2. It grants you visa-free access to China which most of the other Island countries bar Dominica can't.

3. It has the E visa which enables you to migrate to the U.S. and establish a business there. You can't beat that.

4. Grenada is one of the least affected countries in the Caribbean in regards to natural disasters.

These are my reasons for choosing the Grenadian passport over other Caribbean passports. St. Kitts has more visa-free access countries but it does have access to the Chinese market nor does it give you the option of migrating to the U.S.
Ozone007:
This is one topic I have not be able to find in nairaland so I decide to create it.

Which would you advise?

Note that the following countries have golden visa:

Portugal (€500,000 investment)
Hungary (€250,000 investment)
Greece (€250,000 investment)

You will be issue 3 to 5 years Residence permit which is renewable on expiration or apply for permanent residence which can lead to citizenship

Citizenship by investment

The following countries offer it:

St Kitts and Nevis ($280,000 idonation and haves access to 157 countries including US,UK and Canada)

Antigua and Barbuda ($220,000 donation and access to 151 countries)

Dominical ($200,000 donation and have access to 147 countries)

St Lucia ($200,000 donation and have access to 150 countries)

Grenada ($210 donation and have access to 149 countries)

Which would you recommend and why?
interesting to see this topic being discussed. I tried to do same in January of this year but the thread was taken down for some reason I couldn't fathom. This prompted me to open another thread in the investment section, but not much happened there.
https://www.nairaland.com/8169744/investing-outside-nigeria

Up until about 3months ago,I would have also said Grenada would be the best option, for most of the reasons gforce already noted, the countries you can access (particularly China), as well as the e2 investor visa to the US you can take advantage of due to the treaty of commerce and navigation with the US that Grenada is a part of.

Currently in talks with a market leader in that investment immigration space, although my own focus is majorly on investing outside Nigeria, as they offer that too. Based on my interactions with them, I would advise anyone looking to go this route to consider a cheaper option that is not on your list, which would be the Canada FSUP - $177k

The only downside is unlike Grenada it won't give you citizenship immediately, but you get permanent residency immediately, and in 3 years you get the citizenship. So in my books, still same end.

Pros
* You immediately become a part of the board of an already vetted and approved start-up. The invested sum above buys you a 10% ownership stake and a seat on the board.
* It is cheaper than the other options and will result in citizenship 3 years post-entry
* Canada also is a member country of the treaty of commerce and navigation with the US,meaning you can also use the E2 investor visa like Grenada
* Canada has a lot of other available visa routes into the US, available to its citizens

Cons
* You dont get the citizenship immediately. You have to wait the 3 years, like other PRs (permanent residents)
* Canadian passport not visa free to China.

Any questions on the immigration or the investment options outside Nigeria, feel free to ask. I should be able to possibly have answers to keep the thread going, cos truly not much is discussed on here about this, and those who have the means may not even know these options are available
Re: Golden Visa Or Citizenship By Investment by samuel19222(m): 10:32pm On Oct 23, 2024
Ok
Re: Golden Visa Or Citizenship By Investment by AllLovingGod: 9:33am On Oct 24, 2024
Good update. Following.
Re: Golden Visa Or Citizenship By Investment by Pesbest: 8:58pm On Oct 24, 2024
Treadway:
Iinteresting to see this topic being discussed. I tried to do same in January of this year but the thread was taken down for some reason I couldn't fathom. This prompted me to open another thread in the investment section, but not much happened there.
https://www.nairaland.com/8169744/investing-outside-nigeria

Up until about 3months ago,I would have also said Grenada would be the best option, for most of the reasons gforce already noted, the countries you can access (particularly China), as well as the e2 investor visa to the US you can take advantage of due to the treaty of commerce and navigation with the US that Grenada is a part of.

Currently in talks with a market leader in that investment immigration space, although my own focus is majorly on investing outside Nigeria, as they offer that too. Based on my interactions with them, I would advise anyone looking to go this route to consider a cheaper option that is not on your list, which would be the Canada FSUP - $177k

The only downside is unlike Grenada it won't give you citizenship immediately, but you get permanent residency immediately, and in 3 years you get the citizenship. So in my books, still same end.

Pros
* You immediately become a part of the board of an already vetted and approved start-up. The invested sum above buys you a 10% ownership stake and a seat on the board.
* It is cheaper than the other options and will result in citizenship 3 years post-entry
* Canada also is a member country of the treaty of commerce and navigation with the US,meaning you can also use the E2 investor visa like Grenada
* Canada has a lot of other available visa routes into the US, available to its citizens

Cons
* You dont get the citizenship immediately. You have to wait the 3 years, like other PRs (permanent residents)
* Canadian passport not visa free to China.

Any questions on the immigration or the investment options outside Nigeria, feel free to ask. I should be able to possibly have answers to keep the thread going, cos truly not much is discussed on here about this, and those who have the means may not even know these options are available
Very insightful....

In the bolded above,, does it require the investor to have prior knowledge of the businesshuh


Are there other hidden charges attached to the 177k?? (is it in CAD or USD..huh)))

What is the process like?

Can you provide a link as well to read up more on this??


Thanks for this update.
Re: Golden Visa Or Citizenship By Investment by Treadway: 6:21am On Oct 25, 2024
Pesbest:
Very insightful....

In the bolded above,, does it require the investor to have prior knowledge of the businesshuh


Are there other hidden charges attached to the 177k?? (is it in CAD or USD..huh)))

What is the process like?

Can you provide a link as well to read up more on this??


Thanks for this update.
to some extent, yes. Like I mentioned, the money paid basically buys you a 10% stake and a place on the board. However, you have to be a fit too. So if you are someone who is a finance guru for example, you could be like the CFO. If your credentials are fantastic you can be the CEO sef, only thing is what you hold still remains 10%. This means you can even replace the founder as CEO sef in some instances, for example, due to your larger wealth of experience and your better fit, but doesn't mean you have more decision making right cos you have only 10%, while the founder as in this example has more.

Yea, so your experience and qualifications will play a role in what role you will perform in the organisation. Conversely, compared to the examples I stated up there, you may not be in the C-class sef, and be a senior project manager based on your qualifications and experience, for example, but still be a board member nonetheless. Ultimately the central idea is to have a formidable team that can actually nurture the start-up to success. There are many of such start-ups that have gotten approved, been registered and all that, but are still in the funding rounds. This is how you use your money to get into the action.

The 177k is solely the investment amount for buying the stake. It doesn't include all the other costs that come to mind. It's in USD

Will update this post with a link shorttly
Re: Golden Visa Or Citizenship By Investment by lastkingsman: 2:29pm On Oct 25, 2024
.
Re: Golden Visa Or Citizenship By Investment by Treadway: 7:41am On Oct 29, 2024
Pesbest:
Very insightful....

In the bolded above,, does it require the investor to have prior knowledge of the businesshuh


Are there other hidden charges attached to the 177k?? (is it in CAD or USD..huh)))

What is the process like?

Can you provide a link as well to read up more on this??


Thanks for this update.
https://sobirovs.com/startups/start-up-visa-program/

You can do your own research on the Canada Start up visa program.

Again, where this is better/easier from an investment + immigration perspective is that you don't have to own the idea, or start pitching the idea to venture capital firms etc. There is an already existing idea, which has secured backing, has been approved and the company/start-up incorporated. All that is required from you is to have the investment sum required to buy the 10% stake that gets you a place on the board, with the immigration benefit being the icing on the cake.
Re: Golden Visa Or Citizenship By Investment by AllLovingGod: 8:48am On Oct 29, 2024
Thank you.
Treadway:
https://sobirovs.com/startups/start-up-visa-program/

You can do your own research on the Canada Start up visa program.

Again, where this is better/easier from an investment + immigration perspective is that you don't have to own the idea, or start pitching the idea to venture capital firms etc. There is an already existing idea, which has secured backing, has been approved and the company/start-up incorporated. All that is required from you is to have the investment sum required to buy the 10% stake that gets you a place on the board, with the immigration benefit being the icing on the cake.
Re: Golden Visa Or Citizenship By Investment by mikael11(m): 8:59pm On Oct 29, 2024
Treadway:
Iinteresting to see this topic being discussed. I tried to do same in January of this year but the thread was taken down for some reason I couldn't fathom. This prompted me to open another thread in the investment section, but not much happened there.
https://www.nairaland.com/8169744/investing-outside-nigeria

Up until about 3months ago,I would have also said Grenada would be the best option, for most of the reasons gforce already noted, the countries you can access (particularly China), as well as the e2 investor visa to the US you can take advantage of due to the treaty of commerce and navigation with the US that Grenada is a part of.

Currently in talks with a market leader in that investment immigration space, although my own focus is majorly on investing outside Nigeria, as they offer that too. Based on my interactions with them, I would advise anyone looking to go this route to consider a cheaper option that is not on your list, which would be the Canada FSUP - $177k

The only downside is unlike Grenada it won't give you citizenship immediately, but you get permanent residency immediately, and in 3 years you get the citizenship. So in my books, still same end.

Pros
* You immediately become a part of the board of an already vetted and approved start-up. The invested sum above buys you a 10% ownership stake and a seat on the board.
* It is cheaper than the other options and will result in citizenship 3 years post-entry
* Canada also is a member country of the treaty of commerce and navigation with the US,meaning you can also use the E2 investor visa like Grenada
* Canada has a lot of other available visa routes into the US, available to its citizens

Cons
* You dont get the citizenship immediately. You have to wait the 3 years, like other PRs (permanent residents)
* Canadian passport not visa free to China.

Any questions on the immigration or the investment options outside Nigeria, feel free to ask. I should be able to possibly have answers to keep the thread going, cos truly not much is discussed on here about this, and those who have the means may not even know these options are available
Good information about this I never heard of this option before .. on all my research though maybe because I wasn't too interested in north American due to WW3 possible Target of Nuclear war .

Made a post on it here also

https://www.nairaland.com/8009700/best-location-country-survive-incase
Re: Golden Visa Or Citizenship By Investment by allen113: 1:24pm On Oct 30, 2024
@op will all know how difficult it is to get that amount of usd in cash, what if one has that in crypto, will the person be able to invest with it?
Re: Golden Visa Or Citizenship By Investment by BigDawsNet: 11:18am On Nov 08, 2024
Ozone007:
This is one topic I have not be able to find in nairaland so I decide to create it.

Which would you advise?

Note that the following countries have golden visa:

Portugal (€500,000 investment)
Hungary (€250,000 investment)
Greece (€250,000 investment)

You will be issue 3 to 5 years Residence permit which is renewable on expiration or apply for permanent residence which can lead to citizenship

Citizenship by investment

The following countries offer it:

St Kitts and Nevis ($280,000 idonation and haves access to 157 countries including US,UK and Canada)

Antigua and Barbuda ($220,000 donation and access to 151 countries)

Dominical ($200,000 donation and have access to 147 countries)

St Lucia ($200,000 donation and have access to 150 countries)

Grenada ($210 donation and have access to 149 countries)

Which would you recommend and why?
St Kitts and Nevis if you hav the money
Re: Golden Visa Or Citizenship By Investment by lastkingsman: 11:19am On Nov 08, 2024
BigDawsNet:
St Kitts and Nevis if you hav the money
Re: Golden Visa Or Citizenship By Investment by Ozone007(op): 2:29pm On Nov 08, 2024
allen113:
@op will all know how difficult it is to get that amount of usd in cash, what if one has that in crypto, will the person be able to invest with it?
You can convert the crypto to cash or you use company that accept naira equivalent

Though I used respectservice, I was told citizenshipbay accept naira equivalent
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