Citizenship by Investment

Paraguay

The Paraguay passport might be an attractive option. As of 2022, it allowed visa-free or visa-on-arrival travel to 145.

The rules stipulate that an applicant needs to

Reside three (3) consecutive years in Paraguay,
Have some business ties or real estate or profession,
Fiscal residence in Paraguay,
Pass a written Spanish language test and
Have a thorough knowledge of history, geography, etc.

Estimate – US$ 30,000 initial retainer fee per Applicant. Total fees may vary from US$ 70-100,000.

The Paraguay passport might be an attractive option. As of 2022, it allowed visa-free or visa-on-arrival travel to 145 countries, ranking it at number 32 of all passports. Paraguay’s constitution allows dual citizenship on a reciprocity basis.

Theoretically, obtaining it three (3) years after the permanent residency is possible. In reality, the process lasts around three (3) years and there is no assurance that it will be granted. At this moment there is no citizenship by investment program that could facilitate the process.

Notwithstanding the above, we have successfully guided clients through the process and continue to do so these days when personal freedom and movement deteriorate progressively. Planning is today more important than ever.

Benefits of Malta Citizenship

Experience Political and Economic Stability

Malta has been an EU member since 2004, and the Schengen area since 2007. It enjoys a stable political climate and a low risk of financial instability.

Enjoy a High Quality of Life

Situated in the Mediterranean Sea, Malta’s laid-back island lifestyle allows you to bask in an average of 300 days of sunshine.

Become Globally Mobile

With a Maltese passport, you’ll be able to enjoy visa-free travel to 176 countries, including the UK and the US.

Feel Safe

Malta is an island group which is an excellent place to raise families.

Who Can Get Malta Citizenship

Investor

Firstly, over 18 years old
Next, have a clean criminal record
Then, be of good character
Lastly, have a clean bill of health

Spouse

First, over 18 years old
Also, have a clean criminal record
In addition, be of good character
Finally, have a clean bill of health

Dependent Children

Firstly, under the age of 29
Secondly, unmarried

Dependent Parents and Grandparents

Over 55

Malta Citizenship Programme Requirements

To apply for the Malta Citizenship by Investment Programme, you must fulfil ONE of the following investment options AND other requirements:

OPTION 1. Malta Exceptional Investor Naturalization (MEIN) in 12 Months

The first Maltese Citizenship by Investment option is to obtain residence in Malta for 12 months and pay €750,000. Then buy residential real estate in Malta worth at least €700,000 or rent a residential property in Malta with an annual rent of at least €16,000.

In addition, you pay the following due diligence fees:

First of all, €15,000 for you
Next, €10,000 for your spouse
In addition, €10,000 for your dependents aged 13 years of age and over

OPTION 2. Malta Exceptional Investor Naturalization (MEIN) in 36 Months

The second Maltese Citizenship by Investment option is to obtain residence in Malta for a period of 36 months and pay €600,000. Then you purchase residential Maltese property worth at least €700,000 or rent residential real estate in Malta paying at least €16,000 a year.

There are the following due diligence fees:

First of all, €15,000 for you
Then, €10,000 for your spouse
Also, €10,000 for your dependents aged 13 years of age and over

Other Malta Citizenship Requirements and Benefits

To apply for the Malta Citizenship by Investment Programme, you must:

Firstly, maintain ownership or lease of this property for at least 5 years
Also, make a contribution via an exceptional direct investment in Malta
Then, pay a charity donation of at least €10,000 to an approved philanthropic, cultural, sporting, scientific, animal welfare, or artistic NGO

Maltese citizenship benefits include:

First of all, you qualify for a European passport
Also, you can take advantage of Malta’s state education and health system
Moreover, you are not taxed on foreign income or capital gains outside Malta

Speak To An Expert

The Premium Passport team has global experts in over 13 countries. We can advise in 14 languages. Let us help you find the perfect investment migration solution.

Application Process

1

2 Client onboarding process and application filing

We commence our process with, naturally enough, Form 1. This enables us to carry out the initial Latitude due diligence. Following the successful screening, then we provide you with a Client Agreement (CA) to review and sign.

Upon receiving the signed agreement and retainer payment, next our legal team will help you complete the client business concept requirement. After this, the Canadian Government Designated Organization (DO) will pair you with the founder and two to three other applicants. This includes obtaining a letter of support from an Angel Group.

The next step you will need to take is to pay the primary investment. Rest assured that we will liaise with Immigration, Refugees and Citizenship Canada (IRCC) on your behalf.

In addition, you will receive assistance with preparing files and collecting documentation. We will also help you undergo medical and security verification.

Once you land in Canada, you will receive a Permanent Resident (PR) card and also finalize the agreement and initial payment. Plus, the Designated Organization (DO) will pair you with the founder and two to three other applicants. Furthermore, you will need to pay the primary investment.

Maintain your PR status under the SUV

As a Permanent Resident under the Canadian Start-Up Visa Program, it’s essential to maintain your status by residing in Canada for at least 730 days (two years) within a five-year period. So, failure to do so may result in losing your PR status and impact your ability to work, live, and travel in Canada.

However, there are provisions and exceptions for maintaining PR status if you cannot meet the residency requirement due to work or family obligations.

To ensure you maintain your PR status, it’s advisable to plan your stay in Canada carefully and seek professional advice if you need assistance navigating the requirements of the Canadian immigration system. By doing so, you can enjoy the benefits of being a Permanent Resident in Canada and continue to pursue your entrepreneurial goals with peace of mind.

Access a route to citizenship

You and your family members are eligible for Canadian citizenship under the Canadian Start-Up Visa Program if you meet specific requirements. These include residing in Canada for at least three out of the preceding five years (1,095 days) and, furthermore, having a clean criminal record.

The Canadian Government provides a clear and straightforward process to citizenship for eligible applicants. As a result, the Canadian SUV is an attractive opportunity if you’re looking to establish a permanent home in Canada.