PROGRAMMES
Related residency and citizenship investment programmes.
There is however a solution through a second citizenship investment for those who can afford to invest. However, there is a lot to consider when weighing up your second citizenship options and there is no ”one size fits all” approach. Whilst every country’s passport comes with a visa-free travel list, it’s important to consider the quality of those countries included, considering factors such as GDP wealth, as well as the combined value of countries with your current passport. La Vida’s unique Passport Value report does all of this and more.
From La Vida’s experience of dealing with many HNW Pakistani nationals, we know that global business links and education are some of the key driving factors behind their desire for second citizenship. With Pakistan being so reliant on international trade its restrictive access to just 2.2% of Global GDP is a major handicap for any Pakistani entrepreneurs and businesses.
In this case study, we have analysed some of the most popular second passport investment options for Pakistani citizens and explained why.
When you combine a Saint Kitts and Nevis passport with a Pakistan Passport, your visa-free access significantly increases to 168 destinations, which equates to 74.3% of the world. Within this figure, visa-free access to countries such as the UK, the EU Schengen zone and Hong Kong are included. This increased access also represents 46.2% of the world’s GDP, a staggering improvement from just 2.2% The St Kitts Citizenship by Investment programme is one of the oldest in the world and has been successfully operating since 1984. Processing time is between 4-6 months on average and the entire application can be completed remotely. Investment starts from $250,000, plus fees.
Malta is the highest-ranking European country offering a citizenship by Investment programme. The combination of a Maltese and Pakistan passport gives the holder access to a staggering 198 countries and territories worldwide, which increases GDP access, from 2.2% to a staggering 81.1%. Malta’s Citizenship by Investment Programme is one of the higher-priced CBI programmes, but rightly so when you consider the impressive gains you will receive from one of the world’s most powerful passports. Investment starts from €690,000, plus fees and takes approximately 36 months. There is also an expedited 12-month route, from €830,000, plus fees. Maltese passport holders benefit from visa-free access to all other EU countries, UK, USA and Canada.
A Portuguese and Pakistan passport combined will grant access to 199 visa-free destinations in total, which represents 87.7% of the world’s GDP and includes the right to live, work and study anywhere within the European Union. Portuguese citizenship can be granted to golden visa investors following five years of residency, with a minimum stay requirement of just 7 days per year. Portuguese passport holders also have travel access to Australia, Canada and the USA through their simple electronic visa authorisation systems, which take less than 20 minutes to complete online and are usually issued within 24 – 72 hours. Portugal’s Golden Visa programme starts from $500,000 + fees.
To receive your full passport value analysis, please contact our specialist consultants today.
Related residency and citizenship investment programmes.