What is citizenship by investment?
Citizenship by investment is the process of securing a second citizenship and passport by investing in the economy of the host country. Citizenship by investment programs legally bestow citizenship status faster than the regular immigration processes of a country.
At High Net Worth Immigration, we offer direct citizenship by investment programs, as well as additional investment programs that ultimately lead to a second citizenship and passport.
Our global residency and citizenship by investment programs portfolio includes the following countries:
The UK, Ireland, Bulgaria, Greece, Turkey, and Cyprus,
The US and Canada
St. Kitts & Nevis; St. Lucia, Grenada, Antigua & Barbuda, Dominica, Vanuatu, Belize, and Panama
How can you benefit from citizenship by investment?
There are countless advantages to obtaining a second citizenship—it quite literally provides a world of financial, business, travel, education and family benefits. Here’s an overview of the key benefits:
A dual citizenship and passport can provide a safe haven during times of instability in your home country. It can be invaluable to have an alternate place to live in one of the below scenarios:
- War or political unrest
- Discrimination and resulting violence
- Economic downturns
- Natural disasters like hurricanes, floods, fires and earthquakes
A second passport in the right country can open up lucrative markets in the European Union, the Middle East, Africa, Asia, the Caribbean (via CARICOM) as well as North and South America.
A second passport can open up visa-free and visa-on-arrival travel to hundreds of foreign countries. This enables you to jet-set as you please without the constant hassles of visa applications and fees. Visa-free travel opportunities vary by country, but it generally ranges from 100-150 countries for each program. Holders of some passports earn the right to travel to and reside in another country for up to 6 months per calendar year.
You’ve worked hard to earn your wealth and deserve to preserve it as effectively as possible. Advantageous tax policies are a key financial reason to seek a second passport. These include:
- Zero tax or low tax rates on different kinds of assets. Global income may not be taxed at all. Domestically-generated income may be subject to a low tax rate, or no tax for a specified period of time.
- Tax rates may vary for corporations, individuals, self-employed people, and for those who are retired.
- Financial privacy laws can help individuals shield their wealth and protect their assets.
- Storing your assets in a different country can protect your wealth from high inflation or poor economic policies in your home country.
Quality of Life
Having a second passport enables you to enjoy the best of as many worlds as you please. The benefits of living in another country can include:
- World-class health care, including universal health care services or internationally-acclaimed public and private clinics, hospitals, and cosmetic surgical facilities.
- Access to top-tier educational institutions and in many cases, the ability to attend them for domestic tuition fees.
- Good infrastructure and public transport
- Luxurious lodgings in beautiful locations: tropical paradises and beaches, mountains, or metropolitan cities.
- Easy access to culture including museums, art galleries, theatres, gardens, festivals, restaurants, shopping and historical landmarks.
SNAPSHOT OF HNWI’S MOST POPULAR CITIZENSHIP BY INVESTMENT PROGRAMS
The UK Innovator Visa Program – Getting Down to Business
The UK Innovator Visa was created for experienced professionals looking to expand their business acumen to the UK. Applicants can establish their own business, or invest in an existing UK-based business, including innovative startups expected to grow significantly.
Approved candidates can reside in the UK for 3 years at a time and bring their family members to the UK. After the initial 3 years, Innovators can apply to extend their stay for an additional 3 years or to settle permanently in the UK under indefinite leave to remain (ILR).
How can HNWI assist you to apply for the UK Innovator Visa?
We have a portfolio of pre-approved businesses that qualify for the UK Innovator Visa. The businesses we work with are all pre-endorsed by a government-authorized endorsing body because they are innovative, viable and scalable. This is determined by stringent criteria and very few businesses make the cut. Pre-endorsement makes the application process faster and more secure for the investor. Plus, the investor will get equity share and a salary from the business, which is relevant to the investment amount.
Investment required: £200,000 or more
Processing time: 3-4 months to innovator visa approval
The UK Investor Visa – Rolls-Royce of Tier 1 Investments
The UK’s Tier 1 Investor Visa program has been intentionally created to attract investors, entrepreneurs, and other highly-talented individuals that will drive business and prosperity in the UK.
The UK Tier 1 Investor visa requires a qualifying investment in the UK. In order to qualify, the applicant must have at least £2 million (GBP) under their control and be able to show where the money came from if they’ve had it for less than 2 years. Within three months of entry into the UK, the applicant is required to invest a minimum of £2 million (GBP) that must be maintained until permanent residence is granted.
After five years of continuous lawful residence, the principal applicant and respective family members may apply to be granted settlement, i.e., Indefinite Leave to Remain (ILR) in the UK.
A qualifying investment is created exclusively for you when applying for your UK Tier-1 Investor Visa and provides 3 key benefits:
- A qualifying investment that pays out high returns 6-8% per year directly to you through your Financial Conduct Authority (FCA) regulated broker account.
- Full (100%) protection of your capital with ongoing reporting for the lifetime of your investment.
- We don’t charge any management or discretionary fees for your investment.
Investment required: £2 million, £5 million, £10 million
Processing time: 3-4 months to investor visa approval
Ireland Investor Program – The Best of Both Worlds: the UK and the EU
The Ireland Investor Program offers the unique advantage of access to both Europe, and the UK. This is due to the fact that Irish citizens have full access to Europe and, after Brexit, are the only country in the world with automatic permanent residency status in the UK under the Common Travel Agreement.
The investment is in a senior debt fund regulated and authorized by the Central Bank of Ireland. It was the first Investment Fund established exclusively for the purpose of the Irish Immigrant Investor Program (IIP). The Fund provides senior debt to a range of Irish business sectors as designated by the Irish government’s priorities for the IIP, these include hotels, student accommodation and social & affordable housing. Investors applying to the IIP who seek a low-risk, reputable and highly regulated option are attracted to this investment option. To date, the Fund has a 100% approval rate for its investor applicants.
Investment required: €1 million invested for 5 years, without interest and refunded after that
Processing time: 4 months to investor visa approval
Antigua and Barbuda -The Best Citizenship by Investment Value for Large Families
Antigua and Barbuda’s Citizenship by Investment Program is currently the most cost-effective means for large families to obtain a second passport by investment.
Antigua and Barbuda’s popular investment option, the University of West Indies Fund, has now increased the eligible family size from 4 to 6. The required investment sum remains the same, but now includes 2 additional dependents.
Required Investment Amount: $150,000 for a family of 6 $15,000 for any additional dependents beyond 6
Scholarship: One member of the family is entitled to a 1-year tuition scholarship at the University of West Indies.
Antigua’s passport offers visa-free access to 165 countries, including UK, Russia, India, Schengen zone, Hong Kong, Singapore, and the UAE.
Investment required: US$150,000 (the University of West Indies Fund)
Processing time: Up to 3 months to citizenship approval
Grenada Citizenship by Investment – Two Birds with One Stone
Grenada’s Citizenship by Investment Program is an incredible opportunity that opens a world of benefits. From visa on arrival or visa-free travel to 143 countries and territories, visa treaties with the US and China, to a variety of financial benefits, citizenship in Grenada offers increased mobility, generous taxation, and business opportunities.
Furthermore, Grenada is the only country in the Caribbean that has both a CBI program and E-2 investor treaty with the US. This means that by obtaining citizenship in Grenada, investors can apply for an E-2 visa that allows them to start a business in the US and live there to operate it.
Two ways to apply for Grenada Citizenship by Investment
- Invest in an approved real estate project with a minimum required investment of $220,000 plus all the applicable government, due diligence, application, and legal fees.
- Make a charitable donation which starts at $150,000 for a single applicant.
Investment required: US$220,000 (real estate option)
Processing time: Up to 60 business days to citizenship approval
Vanuatu Citizenship by Investment – The Fastest Citizenship by Investment Program
The Vanuatu Citizenship by Investment Program is the fastest second passport program, and one of the most economical options currently available worldwide. The processing time is just 30 days! Vanuatu currently has the only Citizenship by Investment Program (CBI) in the Asia-Pacific Hemisphere and offers one simple investment pathway for investors via a donation to its Capital Investment Immigration Plan.
Investment required: US$130,000 for a single applicant
Processing time: 30 business days to citizenship approval
Your opportunity to become a global citizen
A second citizenship and passport opens up a world of benefits for you and your family. This is particularly timely as we try to overcome this unprecedented era during the global COVID pandemic. One of the top priorities during this challenging time is wealth protection and growth via stable investments–we can help you with both.
We can help wherever you are
If you are considering obtaining a dual citizenship and passport, please contact us for your free initial consultation. You can reach us via email [email protected], or in our newest office in Lagos, Nigeria:
Contact Person: Evans Ahanaonu
Address: 7th Floor, Mulliner Towers, 39, Alfred Rewane Road, Ikoyi, Lagos, Nigeria
Office: +234 (0)1 448 9231
Mobile/WhatsApp: +234 701 039 4269
Email: [email protected]
Stanbic IBTC educates preteens, teenagers on financial literacy
With the initiative, Stanbic IBTC aims to improve and deepen the financial knowledge of Nigerian children.
In a bid to increase financial literacy amongst the younger generation, Stanbic IBTC Holdings PLC, recently held virtual sessions to educate preteens and teenagers on how to develop a savings and investment culture.
Through its New School Money Initiative, the organisation aims to improve and deepen the financial knowledge of Nigerian children. This year’s event which was held virtually, is the fourth in its series and was themed “The Art of Money: Earn, Save and Invest”.
Representatives from Stanbic IBTC shed more light on subjects to distinguish between wants and needs, assets and liabilities as well as the importance of making the right financial decisions. These were communicated using simple relatable videos and illustrations.
The wealth certified professionals demonstrated different ways of achieving financial goals and meeting unexpected needs such as emergency savings, budgeting and investing, amongst others.
A total of 703 participants attended the sessions in the three age categories. 53 wealth facilitators selected across the group from various regions of operations also delivered to the exciting sessions cut across 18 virtual classrooms. Interactions recorded through the sessions were a total of 2,166 comments.
Obinna Lewis-Asonye, Zonal Head, Micro Pension and Agency, Stanbic IBTC Pensions Managers, who anchored one of the sessions, emphasised that earning money is the first step towards financial freedom, followed by budgeting and investing.
He stressed that participants should inculcate a savings plan to enable them to keep their money safe while it grows with interest. He said: “To get more money, you must limit your withdrawal so that your interest can grow.”
Other representatives of Stanbic IBTC emphasised the need to cultivate the habit of saving and investing as a guarantee towards becoming financially independent. According to them, it is important to consider the kind of investments that suits your needs, be it long, medium, or short time. They added that a better future is assured by investing in government bonds, treasury bills, mutual funds and commercial papers, amongst others.
The hosts described the initiative as essential in imparting financial education in the younger generation while strengthening their financial management skills and enhancing their understanding of financial matters. They further encouraged Nigerian children to engage in meaningful ventures to generate income as a first step towards making money.
150 winners emerged across the sessions from the various tasks which were completed and were all awarded with Stanbic IBTC Mutual Funds as prizes.
Speaking on the continuity of the initiative, Bridget Oyefeso-Odusami, Head, Marketing and Communications, Stanbic IBTC Holdings PLC, said that the session will be an annual event as part of the organisation’s goal to continually increase the number of financial literate individuals across the country.
Oyefeso-Odusami highlighted the importance of the initiative, noting that financial literacy should begin from an early stage for easy attainment of financial freedom.
She emphasised the importance of the customers’ journey with respect to the offerings of the organisation being an end-to-end financial services provider.
“One way to build a well-rounded adult is to catch them young. If we can inculcate financial literacy and investment culture into these young ones, we know that we will have financially enlightened adults tomorrow. At Stanbic IBTC, we want a future filled with smart, intelligent and financially enlightened leaders, hence we took this initiative,” she added.
Earnings Online: Currencies, Bitcoin, Stocks, Gold, Oil
Trading in the financial markets can be one of the most promising and profitable types of such earnings.
There are a huge number of ways to make money online nowadays. You can do it sitting at home on the couch, at a table in a cafe or even in parallel with the main work. In general, anywhere, you just need an internet-connected computer or a smartphone.
Trading in the financial markets can be one of the most promising and profitable types of such earnings. Why? Let’s figure it out in this article.
What is Online Trading?
It is an opportunity to make money on fluctuations in the price of various financial assets. Simply put, you buy, for example, a currency and wait for it to rise in value. Or, conversely, you sell in the expectation of a fall in the rate. This is the basic principle of trading. But brokers offer more than just currency trading, which is a huge advantage. For example, working with a brokerage company like NordFX, you can trade a wide variety of asset types. For example, stocks, oil and gold, stock indices and even cryptocurrencies. Such a rich selection allows you to significantly diversify your earning opportunities. Moreover, you can earn not only on the growth, but also on the fall in the price of any of these assets.
Currency and Cryptocurrency Trading: Features
Let’s say you have chosen currency trading. What should you pay attention to? First, on the fact that all currencies are in pairs on Forex. That is, you do not just buy, for example, euros, but you automatically sell another currency in return. Basically, it all looks like in a standard exchange office. The thing is that you do not need to have all these currencies in stock, the broker will automatically convert funds from your trading account.
For example, when buying a EUR/USD currency pair, you purchase euros and sell US dollars. When selling the same currency pair, you, on the contrary, sell euros and buy US dollars. On Forex, all currency pairs are divided into major ones, for example, GBP/USD (British pound/US dollar) or USD/JPY (US dollar/Japanese yen) and cross rates (in such pairs, currency exchange is performed directly, bypassing the US dollar), for example, EUR/GBP (Euro/British Pound) or NZD/CAD (New Zealand Dollar/Canadian Dollar). Apart from this, there are also exotic pairs in which rare currencies are present, such as the African rand, for example, or the Norwegian krone. In total, 33 currency pairs are available for NordFX clients to conduct transactions.
In addition, you can make transactions with digital currencies. The principle of trading here is the same as in Forex. Trading operations can be carried out with any of 11 cryptocurrency pairs, including the leading cryptocurrencies against the US dollar: BTC/USD (Bitcoin), ETH/USD (Ethereum), LTH/USD (Litecoin), EOS/USD (Eos), XRP/USD (Ripple), etc.
The principle of stock trading is quite simple. You are not buying the stock itself, but a contract for the difference (CFD). That is, ownership is not transferred to you. You kind of make a bet with a broker whether a particular stock will rise or fall in price. And it gives you the chance to make a profit both if its value soars to heaven and if it collapses to zero.
Broker NordFX offers a large selection of CFDs on shares of nearly 70 companies, including such world-famous brands as IBM, JP Morgan Chase, Coca-Cola, Mastercard, McDonalds, Microsoft, Twitter, UBER, eBay, Alibaba, Deutsche Bank and many others.
Trading in Precious Metals and Oil
NordFX also offers the opportunity to profit from the difference in quotations of the most popular metals and raw materials. And if gold and silver are more often used as insurance assets to hedge risks, oil prices, on the contrary, are subject to fairly strong fluctuations reaching hundreds of percent. This combination with the addition of trading positions for stocks, currencies, and cryptocurrencies, allows you to form the most balanced investment portfolio that brings maximum profit with minimum risk.
What if I Do Not Know How to Trade Yet?
The overwhelming majority of those who come to online trading do not have relevant experience and generally know practically nothing about the financial markets. To help novice traders, the broker NordFX has posted a lot of useful videos and articles on its website. on the topic of Forex trading. In particular, you can learn about the basics of trading, strategy creation, market analysis, wealth management, and risk. Finally, a whole section is devoted to how to use the MetaTrader 4 (MT4) trading platform, on which, in fact, all transactions are performed.
It is clear that before buying a particular currency or another asset, it is necessary to analyze for the development of a trend, that is, to predict where the quotes will go, and, accordingly, open a buy or sell transaction. There are two types of analysis here: technical and fundamental.
Using the MetaTrader 4 (MT4) platform, you can carry out technical analysis of quotes using all kinds of built-in indicators and various charting tools. MT4 has a built-in news feed as well, which allows you to quickly learn about important macroeconomic events and, accordingly, perform another type of analysis, fundamental. In addition, you can find regular analytical reviews and forecasts for the main financial markets on the NordFX website, for which the company has even been awarded the prestigious international award as Best News & Analysis Provider.
Also, you will find an economic calendar on the website of this broker, thanks to which you will know in advance on what day and at what time certain economic events, decisions of Central banks or important macro statistics are expected.
How to Profit Without Trading Yourself
You can make money on financial markets not only by trading yourself. Clients of the broker NordFX are also offered various services with the help of which they can make a profit without even having an idea of what market analysis is and without making a single transaction on their own.
For this purpose, the broker offers PAMM accounts (Percent Allocation Management Module) which is a special platform where a client can choose an experienced and successful managing trader (one or more) and entrust them with managing the client’s funds.
In addition to PAMM, CopyTrading service is also offered. Here you also choose an experienced trader as your “partner”. But, unlike PAMM, you do not transfer your funds for management, but you copy on your account all those transactions that the trader you have chosen (the provider of trading signals) makes on their account, in a fully automatic mode. Moreover, you can work with one or many signal providers.
The use of robot advisors is another opportunity to profit from trading in financial markets, which does not require special knowledge. A robot advisor is a computer program that will make transactions for you according to the algorithm embedded in it. You just need to purchase or download the robot free of charge on the Internet, install it on your MT4 platform, after which it will trade for you 24 hours a day.
There are nuances here, however. Thus, NordFX does not offer specific robots to its clients. Accordingly, all of these will be third-party programs. Therefore, you need to test them and optimize their settings (for example, the volume of transactions, levels of stop orders and take profit) before working. This can be done using a special tester already built into MetaTrader 4. Also, any Expert Advisor needs not only one-time optimization, but also periodic monitoring.
How to Increase Your Profits Tens and Hundreds of Times
Trading conditions, margin and leverage are three things that can multiply your income from trading in the financial markets.
First, you need to be mindful of the trading conditions. All brokerages charge a spread fee for ongoing trading transactions. This is their earnings, and for some such commissions are quite large, while for others, like NordFX, they are minimal, which allows clients to earn even with insignificant fluctuations in quotes.
As for the leverage, in fact, this is a loan that the broker provides to its clients automatically and without any collateral, and which, like in NordFX, when trading currency pairs, can exceed your own capital 1000 times. That is, having in your account, for example, $100, you can make transactions of up to 100 thousand dollars. Accordingly, your profit grows too. Imagine that your deposit is 10,000 USD. In this case, with the help of such leverage, for only 100 transactions your turnover can reach a billion (!) dollars, and this is already a very large business on an international scale.
The same goes for cryptocurrency trading. With NordFX margin trading, you can open buy or sell positions with just $150 in your account. This despite the fact that the price of bitcoin is above 10.000 USD now!
And most importantly, everything that is described above is not a fairy tale or fantasy. This is a reality that is available to everyone. And you don’t have to graduate from Harvard, work on Wall Street in New York, or have a start-up capital of millions of dollars to open your way into the world of finance. Once again, you need just an internet-connected computer or smartphone and… $10. This is the minimum deposit in order to become a client of the NordFX brokerage company.
To achieve a lot, you can start with a little. The main thing is to start.
Cordros records business expansion, announces 3 new subsidiaries
Cordros Capital Limited has announced a major corporate expansion with the establishment of 3 new subsidiaries.
Cordros Capital Limited has announced a major corporate expansion with the establishment of three (3) new subsidiaries. In a statement released to the media on Tuesday, the company announced that it had obtained all relevant licences and regulatory approvals to open shop for its Insurance, Trustees, and Registrars businesses.
According to the Group Managing Director, Mr. Wale Agbeyangi, Cordros Insurance Brokers Limited has been granted an operating license by both the Nigerian Council of Registered Insurance Brokers (NCRIB) and the National Insurance Commission (NAICOM). Also, Cordros Trustees Limited, and Cordros Registrars Limited.
Following the achievement of this new corporate milestone, the statement confirmed that the new businesses will commence operations in earnest.
It would be recalled that after commencing operation as a Securities Trading business in 2007, Cordros recorded significant milestones in 2010 and 2013 when it started its Investment Banking and Asset Management businesses, respectively.