Tuesday, October 06, 2015

Investment in business venture, real estate, credential for citizenship

The Chief Executive Officer (CEO), Monarch&Co, James Bowling, has said that investors who make a substantial investment into a business venture or real estate, can apply for residency or citizenship in a foreign country, ITRealms reports.

Bowling said that investors are particularly interested in obtaining citizenship in countries that are members of the European Union (EU). This, according to him, is largely due to the benefits afforded to EU citizens including right of free movement, settlement and employment across all EU member states.

Whilst Bowling, ITRealms learnt, agrees that the EU offers unparalleled opportunity, other countries can offer similar and / or different benefits that may better suit other investor requirements. These countries can include the USA, Grenada and Antigua and Barbuda. Therefore, the choice of country really concerns the primary reason for investment, explains Bowling.

“No man is an island” is the theme of this year’s upcoming Investment Agenda, being held in Johannesburg on October 20. Leading investors, asset managers and industry experts will assemble to examine the prevailing economic and political environment in Africa and its impact on investment strategy in 2016.

In light of this conference,  ITRealms reports, Monarch&Co International emphasizes the value of dual citizenship, especially for African’s wishing to take advantage of opportunities within the continent and abroad. Holding the passport of another country can open opportunities for business, education, healthcare and visa-free travel for investors and their families.

Monarch&Co International are specialists in residency and citizenship by investment programmes and currently have a wide portfolio of countries around the world for investors to choose from. Among the countries that offer the best benefits are, Antigua & Barbuda, Cyprus (EU), Grenada, Malta (EU), Mauritius, Portugal (EU), St Kitts & Nevis, the UK (EU) and the USA.

According to statistics, it is estimated that only around 1per cent of the world’s population have two or more passports, making dual citizenship an exclusive privilege. While in the past it was only possible for people to attain dual citizenship through their ancestry or emigration, many countries have now made it possible for applicants to gain residency or citizenship through various investment programmes without ever having to emigrate,
ITRealms gathered.

Cyriacus Nnaji/GEE

ITREALMS ... everything news digitally!


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