15 August 2011

Citizenship Planning

Henley & Partners — Citizenship Planning


[...] However, Ireland allows financially independent persons to obtain a residence permit, and to apply for naturalization as an Irish citizen after five years of legal residence.

St Kitts and Nevis

The Citizenship-by-Investment program of St. Christopher (St. Kitts) and Nevis was established in 1984. It is the oldest such program in existence. Benefits include a Commonwealth passport which allows visa-free travel to over 80 countries, including all of the EU. To qualify for citizenship, the Government requires either an investment in designated real estate to a value of at least US$ 350,000, or a contribution to the Sugar Industry Diversification Foundation (a public charity) of at least US$ 200,000 (for a single applicant, but this includes all Government fees). The SIDF option is clearly the best Citizenship-by-Investment program available today.

United Kingdom

Residence in the United Kingdom can often be established quite easily, for example if you have a British ancestor and if you are also a Commonwealth citizen, if you are willing to start a business or invest GBP 1 million in the UK. You may apply for British citizenship after 5 years of legal residence, although a substantial strictly physical presence during that period is required. [...]
My new goal in life is to become financially successful enough to both need and be able to afford the services of "citizenship consultant."

I am really curious about what constitutes "financially independent" in Ireland.  Based on this Michael Lewis article, I would assume it means "not up to your ears in mortgage debt."

Ireland is also the only country within the European Union that continues to confer citizenship on all persons born within its territory, although since 1 January 2005 this has been restricted to persons with at least one parent who holds a permanent, unlimited residence permit for Ireland or the United Kingdom.
Really?! The only one? Am I reading this right?  I always assumed all countries, or all civilized ones, granted citizenship to newborns the way the US does.

1 comment:

  1. Excellent post I must say.. Simple but yet entertaining and engaging.. Keep up the awesome work!
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