How Can Israelis Buy Foreign Citizenship
People are increasingly asking, how can Israelis buy foreign citizenship, and that is what we will discuss in this article. This article focuses on obtaining citizenship through bypassing traditional immigration procedures, by investing in a country. This is an attractive option for people with substantial assets who wish to have the opportunities of immigrating to a certain country much faster than the traditional immigration route.
Reasons Why Israelis Buy Foreign Citizenship
The main reason people wish to buy foreign citizenship is due to the opportunities it brings, and it is faster than legally immigrating, getting residency in the country, and then eventually getting citizenship and a second passport. Some countries like the US allow investors to get a Green Card, and eventually, after time, obtain citizenship. It is much quicker to obtain foreign citizenship through buying it, which is often called citizenship by investment. This requires that the investor be willing to put down $250,000 or more (up to $2.5 million for the best countries/passports).
The opportunities that come with foreign citizenship include, but are not limited to, diversifying assets, being eligible for particular tax breaks, privacy, personal security, and living in a stable location or a neutral country. Additionally, if one wishes to travel or work abroad easily, one can purchase foreign citizenship in a country that offers visa-free travel or work options in numerous other countries.
If one wishes to have visa-free travel to numerous countries, then EU passports are the best options. A few EU countries where it is possible to buy foreign citizenship with a significant financial investment are: Austria, Cyprus and Malta. The application time ranges from six months to three years, and the capital investment will be €800,000 for Malta, €2 million for Austria and €2.5 million for Cyprus.
There are options that cost less than EU countries, for example, citizenship in St. Kitts and Nevis and Dominica. The application time is much shorter, taking two to nine months. The required investment ranges from $100,000 in Dominica up to $250,000 in St. Kitts and Nevis. The visa-free travel options in these countries are numerous as well, but not as many as EU passports.
Our Law Firm
Our law firm is committed to providing excellent, reliable services to our clients, and we will only work with clients where there is a high possibility of obtaining citizenship at the end of the process. We work with local and international partners, and together, we have an excellent record of helping clients purchase foreign citizenship in numerous countries around the world.
If you have any questions on how can Israelis buy foreign citizenship, please contact us. Advocate Joshua Pex or one of our other partners specializing in helping Israelis buy foreign citizenship would be happy to help.