It can give you the freedom to travel without restrictions. As we can see from the list above the visa free travel with the Comorian passport is rather limited (40 + countries). The three-day investment migration conference organized by Henley & Partners a global leader in residence and citizenship planning took place at the swanky Savoy Hotel in London and was attended by Prime Ministers and government officials from the leading Citizenship By Investment Programs including those from the Caribbean along with 400 industry experts, advisors, and partners. The first phase of the scheme, from 2006 to 2011, was meant to earn Comoros $200 million in return for giving citizenship to 4,000 stateless families. We asked for the cheapest family passport, they went as far as providing us a discount” – Muhamed, UAE. Important Notice: Comoros citizenship-by-investment program was closed (terminated) by the Comoros Government from May 2017. There will be extra travelling costs (for the applicant, his family members, and the Comoros Immigration Officer) for the application procedure. The government fees are as follows. The Comoros citizenship-by-investment program is useful for foreigners needing convenient access to international banking and as a strategy against dire political and economic environments back home. “Latest update – The program is currently closed.” Today more than 40,000 people in UAE carry comorion passports. This material is protected by copyright laws. The investment program has been suspended following abuse of the program … – Adewale, Nigeria. EUR 250,000 one time investment in development projects approved by Government plus EUR 100,000 contributionto Government (Grant + Investment model. Benefits. We must have the age in order we could quote the fees and expenses applicable in your case. Montenegro launched a brand-new Citizenship By Investment program in November 2019, and the program is still active as of May 2020. Acquiring a second passport and citizenship offers many advantages. The population, excluding Mayotte, is estimated at 798,000. Viewing also this CIP as a security threat following 9/11, the US pressured Belize into closing the program in 2002. A few years later, Kuwait followed suit and invested several hundred thousand million US dollars in exchange for 36,000 Comorian passports. Comoros Citizenship by Investment Program is not a well known solution. If you have any questions regarding citizenship by investment in other countries, for instance, in the Caribbean, contact us today. The Union of the Comoros has three official languages – Comorian, Arabic and French – though French is the sole official language on Mayotte. In exchange, Comoros receives a fee for each passport issued. We initially struggled arranging documents and paperwork, but the company was assisting us in every step. Main applicant: 45,000, spouse: 20,000, child 0-18 years old: 10,000. No notification about new citizenship to your home authorities. Other European citizenship through investment programs are still open in Cyprus and Malta. Citizenship is granted solely by decree of the President of the Republic. Main Applicant: USD 45,000 one time contribution to government projects, Child 0-18 years old: USD 10,000 / Child above 18 upto 23: $20,000. Passport is valid for 5 years and is renewable upon expiration. The Program is regulated by the Law on Economic Citizenship as of 27 November 2008. The Governments of the UAE and Kuwait entered an agreement with the Union of the Comoros, a small volcanic archipelago off the coast of East Africa, in 2008 and 2014 respectively, to purchase passports for the Gulf’s stateless. Comoros citizenship by investment program provides you the opportunity to legally acquire a new nationality and a Comoros second passport promptly whilst enabling global mobility for you and your family. Comoros was the first country to launch a Citizenship by investment program in Africa. Highly recommended people”. Comoros has stunning white beaches, a large active volcano and is one of the world’s poorest countries with a population of 850,000 residents and GDP of $1.2 billion. Visa Free Entry or Visa on Arrival for the Comorian citizens: Armenia, Azerbaijan, Bangladesh, Belarus, Bermuda, Bolivia, Cambodia, Cape Verde, Cook Islands, Djibouti, Dominica, East Timor, Ecuador, Egypt, Ecuador, El Salvador, Federation States of Micronesia, Georgia, Haiti, Hong Kong (SAR China), Iraq, Jordan, Kenya, Korea (South), Laos, Liberia, Macau, Madagascar, Maldives, Malaysia, Mauritius, Mongolia, Mozambique, Nepal, Nicaragua, Niu, Palau, Panama, Philippines, Saint Lucia, Samoa, San Marino, Sao Tome & Principe, Saint Kitts & Nevis, Saint Vincent & the Grenadines, Singapore, Seychelles, Sri Lanka, Syria, Tanzania, Togo, Tuvalu, Uganda, United Arab Emirates, Zambia. No need to renounce your current citizenship. What makes CBI online platforms so popular? There's a fast economic citizenship you've never heard of, do you want to learn more? Best Citizenships (BC) is a global brand for citizenship and residence planning for wealthy HNW clients. Citizenship: CLOSED OCT 2020: Real Estate, Business or Investment Fund: 6 months: 173: Ireland: Residency (naturalisation possible after 5 years) ... We represent multiple citizenship investment programs internationally. Further amendments to the citizenship by investment scheme were made in 2013. Comoros did once have the cheapest instant passport worldwide, however this program was ended in 2016 by the new government. A total of 52,000 passports were issued under the Citizenship by investment program in Comoros. Mayotte, however, has never been administered by an independent Comoros government and continues to be administered by France (currently as an overseas department) as it was the only island in the archipelago that voted against independence in 1974. However, there is the option, for wealthy individuals, of obtaining a residence permit in Germany by business investment … Best Citizenships is now a part of Yellow network, “Very honest and professional service. Citizens of the above-mentioned countries are not eligible to apply in the Comoros. To say that the government is desperate for cash is an understatement. Other countries offer a route to citizenship following a reasonable period of residence, such as Australia, Belgium, Bulgaria, … The idea of potentially giving up yo… Comoros passports created a new problem to bidoons which acted like double edged sword. If you have any questions regarding citizenship by investment in other countries, for instance, in the Caribbean, contact us today. citizens of the French Republic), Iranians. In addition to many smaller islands, the country consists of the four major islands in the volcanic Comoros archipelago: Grande Comore, Mohéli, Anjouan, and Mayotte. Nationalities restricted from participation: Second Citizenship, Second Passport - FAQ, Second Passport by Investment Programs – Comparison Table, Honorary Consulate and Diplomatic Passport, Legal Basis for Honorary Consul Appointment, Publications on Immigration and Dual Citizenship, Temporary and Permanent Residency in Slovakia, Permanent Residence in Belgium and in other EU-countries, Immigration to Switzerland for financially independent persons, Immigration to Andorra for High Net Worth Individuals, Spanish Citizenship and Two-Stage Schemes Fraud. The list of countries can change subject to the governments’ policy. This program allows foreign investors to obtain the long-term visa (10 years) by making an investment in the country. Main applicant: 45,000, spouse: 20,000, child 0-18 years old: 10,000. There are an increasing amount of second residency and second citizenship programs … All the fees are in US dollars. Passport can be used for banking purposes. T he citizenship by investment programs are not new. Nationalities restricted from participation: French (i.e. As a former US citizen, I grew up with the notion that it was possible to fly just about anywhere in the world without worrying about visas. March 2017 - Hungary Economic Citizenship Program Closes The Hungarian Residency Bond Program has been placed on moratorium by the nation's Government. The program bestowed full citizenship minus the right to vote. When you looked at those ratings, you can see that the Turkish Passport is the world's strongest 39th according to 2019 evaluations. Fast and simple process. Comoros’ Economic Citizenship Program was terminated in September 2013 for reasons that relate to the conduct of the program and its objectives. And Egypt approved a new citizenship law paving the way for a new citizenship by investment program. The last significant amendments to the citizenship by investment scheme were made in 2013. 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