Visa Type:
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Cyprus
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Malta
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UK
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Spain
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USA
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Portugal
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Canada
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Permanent residency
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The Residence Program (TRP), The Global Residence Program (GRP) and The Malta Retirement Program (MRP)
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Tier 1 Investor Visa
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European Residency for 5 years, see previous table.
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EB-5 Green Card
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Residence Permit
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Permanent Resident Visa
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Time frame
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2 months
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1 month
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1-2 months
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12-24 months
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1 month
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Under 1 year
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Requirements
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Purchase of 1 or more properties with value of €300.000, payment of the property and preparation of residence documents
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Acquire property in Malta with one of the following criteria: Purchase of a property for minimum value € 275.000 if the property is in Malta, or purchase
a property for minimum value € 220.000 if the property is in the South of Malta or in Gozo, or rent a property for a minimum of € 9.600 annually, if the property is in the South of Malta or in Gozo
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Min. investment of £1 mn for 5 years, £5 mn for 3 years; £10 mn for 2 years in UK government bonds, share capital or loan capital in UK companies
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Minimum investment of US$500.000 in a pre-approved “regional centre” which is in a targeted employment area, or the individual can invest a minimum amount of US$1 mn in a new business
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Acquisition of real estate with a minimum value
500.000; or capital transfer of € 1mn; or investment leading to the creation of 10 new jobs
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Minimum 2 out of 5 years business experience; minimum personal net worth exceeding
C$1.600.000; C$800.000 remitted to Canadian government, which is returned at the end of
5 years, government guaranteed, with 0% interest
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Minimum Investment
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Property requirements as above
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Property requirements as above
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£1 million
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US$500.000 – US$1 mn
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C$800,000
Canadian dollars
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Taxation
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12,5% corporation tax for profits of any Cyprus entity and 0% tax on Cyprus dividends and all other worldwide income
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15% tax on foreign income remitted to Malta No IHT; no CGT on immovable if owned and occupied as a main residence for three years
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The tax system is immigration-friendly. Currently, only income arising in the UK or remitted to the UK is taxable; after 7 years, £30.000 minimum tax applies
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Taxed on their worldwide income, taxes are levied at both federal and state level
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Non-habitual resident scheme for professional categories at 20% for local income earned only, for a 10 year period. NHR scheme exempts income derived from a foreign source; no wealth or inheritance tax
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If an “Immigration Trust” is established, the first 5 years taxation can be limited to Canadian-source income;
Thereafter taxation of worldwide income, max. tax rate of 48%
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Years to Qualify for Citizenship
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5 years of residency but can apply under the individual Investor Program (Citizenship by Investment)
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4 out of 6 years residence but not easy to obtain; unless applying under Citizenship by Investment
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5 years of residency, of which 450 days out of the country and max 90 days out of the country in the 12 months preceding the application
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5 years of “continuous” residency; 30 months physical residence
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6 years residency
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4 years in the last 6
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Language for Citizenship
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NO
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Yes
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Yes
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Yes
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Yes
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Yes
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Residency conditions
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Permanent
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Permanent
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Can be achieved within 2 years with 50% residence time (£10 million option)
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Green Card
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Permanent
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PR Card with 5 years expiry (min 2 years out of 5 years residence to extend)
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Other requirements
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Very limited physical presence
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Very limited physical presence
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Language test for this type of visa
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Language test for this type of visa
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Very limited physical presence
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Physical presence required
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Dual Citizenship
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Yes
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Yes
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yes
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Yes
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Yes
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Yes
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