Do you know what is a Golden Passport? How can it help you get citizenship?

According to a report by Citizenship invest, in 2022, Indians accounted for 9.4% of global applicants for Golden passport.

Kristin Surak, associate professor of political sociology at the London School of Economics explains the problems that is faced by Indians in International countries due to limited passport benefits. An Indian passport allows visa-free entry to only 60 countries. If you acquire citizenship in countries like Nevis, Saint Kitts, and Caribbean nations, grants you access to 157 countries, including the European Union and the United Kingdom.

Does Golden Passport allows you to conduct business activities?

Aakanksha Bhargava, CEO of PM Relocations tells that business activities are high in European countries like Germany, Sweden, Spain, France, and Italy. Popular passports that include specific advantages are Portugal for European Union access, Grenada for visa-free entry to the US, Cyprus, and Malta for EU citizenship with visa-free access.

Veronica Cotdemiey, CEO of Citizenship Invest, says those people who want to do business activities in China, Dominica, and Grenada are given immediate visa-free entry to the Chinese market.

These countries provide a tax-friendly environment, with no taxation on capital gains, gifts, global income, or inheritance, inviting them to high net-worth individuals.

Canadian passport will grant access to the North American market. Dubai also stands as a prominent choice for business activities.

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Golden Passport

Golden Passport is a resource given to foreigners by other countries who can get citizenship opportunities through property purchases and investments. Indian business people who have high ranked passport will be easily able to do their business operations.

Benefits and Advantages of Golden Passport

Golden passport offers various advantages like diversification of global investment prospects, business interests, and an expanded business networks.

• Having a golden passport allows the change of business tracking and an extended reach.
• It allows investments or operation of businesses in different countries, reducing risks.
• Sharma says Golden Passport provides access to a broader international network, encouraging connections, partnerships, and cross-border business expansion.
• This passport is more beneficial for investors and entrepreneurs who seek transparency and consistency.
• This is important for individuals offering avenues to optimize their financial planning.

Golden passport provides tax planning opportunities and serves as a safety net in times of economic instability.
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