Friday, November 15, 2013

Buying a nationality

Malta set a price tag for acquiring citizenship: 650,000 euros (£548,000)
Spain grants residence to foreigners who spend at least 500,000 euros on real estate or invest at least 2m euros in Spanish government bonds.
Hungary grants residence to foreigners who invest at least 250,000 euros in government bonds.
Cyprus cut the amount of investment required to be eligible for citizenship, from 10m euros to 3m, in its existing "citizenship by investment" programme.
The UK also offers a fast-track residence scheme for foreigners prepared to make a big investment.
Wealthy foreigners can settle permanently in the UK if they have been officially resident for at least two years. The continuous residence requirement is two years for individuals who have at least £10m in personal wealth in the UK; three years for those with at least £5m in the UK and five years for those with at least £1m.
Netherlands plans to give residence to foreigners with more than 1.25m euros in their bank account.

Rich people who want to get abroad and can 'buy' a residence permit for Canada, Singapore or the USA [and Thailand.]

What immigration problem?

From here

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