As for the professional fees, please, contact us to receive a quotation. Following the collapse of the … Consequently, EU residency by investment will no longer be possible in the jurisdiction effective immediately. This program allows foreign investors to obtain the long-term visa (10 years) by making an investment in the country. It was one of the cheapest citizenship by investment program ever existed in Africa. 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 passport program remained so popular, despite comoros having visa free access only 52 countries in the world. The Citizenship by Investment program is part of this effort. Our business model of online platform makes it cheaper and faster for clients as we directly with authorized agents, law firms and property developers approved by Governments without any intermediaries. The program bestowed full citizenship minus the right to vote. Benefits. Montenegro launched a brand-new Citizenship By Investment program in November 2019, and the program is still active as of May 2020. The changes include the reduction of the minimum investment amount to EUR 2 million (from EUR 2,5 million) and the possibility to include the parents of the main applicant provided that an additional EUR 500,000 + VAT will be invested in the purchase of a private residence in Cyprus. We asked for the cheapest family passport, they went as far as providing us a discount” – Muhamed,  UAE. 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. Ireland Citizenship by Investment There will be extra travelling costs (for the applicant, his family members, and the Comoros Immigration Officer) for the application procedure. This benefit of resolving statelessness through citizenship by investment schemes highly problematic. Read the list of countries with visa-free and visa-on-arrival access for Montenegro passport holders. All the fees are in US dollars. Scheme Start Date: 2001 Legal Basis: Economic Citizenship Act 2008 This citizenship offers visa-free access to 45 countries. The legal basis for the Comoros Citizenship by Investment Program is the Economic Citizenship Act passed in 2008, based on Article 19 of the 2001 Constitution of the Union of the Comoros. 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. This material is protected by copyright laws. The CIP scheme hit by abuses and embezzlement of public funds. Comoros did once have the cheapest instant passport worldwide, however this program was ended in 2016 by the new government. There's a fast economic citizenship you've never heard of, do you want to learn more? Please, note that e-mails and questions regarding Comoros citizenship will not be answered. The CIP scheme hit by abuses and embezzlement of public funds. – Adewale, Nigeria. They’ve been around for decades, primarily as a way for countries to boost their incomes. Our law firm is an Authorized Representative of the Comoros Citizenship by Investment Program. 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. All the fees are in US dollars. Main applicant: 45,000, spouse: 20,000, child 0-18 years old: 10,000. The Comoros, officially the Union of the Comoros, is a sovereign archipelago island nation in the Indian Ocean located at the northern end of the Mozambique Channel off the eastern coast of Africa between northeastern Mozambique and … Spouse and children under 18 years old are qualified. It is also not possible to invest in real estate for the purpose of residency. Application can be made in Turkey or some Middle East country. The population, excluding Mayotte, is estimated at 798,000. Comoros Citizenship by Investment Program is not a well known solution. citizens of the French Republic), Iranians. 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. At the same time, Moldova's CIP program has been suspended until December 2020. The partner government selects the candidates following a background check conducted by the partner government. If you want to set up a company, open a bank account, invest, immigrate and/or obtain residency permits and even citizenship in the Comoros Islands, get in contact with us directly for a free private consultation. The citizenship by investment fees as follows. Processing of applications takes up to two months; no residency requirements; no personal interview. The Government officially announced from 2009 to 2016, a total of 52,000 passports were sold as part of the economic citizenship program, and as soon as President Azali Assoumani came to power, new passports were issued under this program has been suspended and only renewal files were processed on a case-by-case basis. March 2017 - Hungary Economic Citizenship Program Closes The Hungarian Residency Bond Program has been placed on moratorium by the nation's Government. The Comoros Citizenship by Investment (CCBI) was first established in 2001 in accordance with the Union of Comoros Constitution. “Thank you for your excellent service. Important Notice: Comoros citizenship-by-investment program was closed (terminated) by the Comoros Government from May 2017. Comoros was the first country to launch a Citizenship by investment program in Africa. No risk of losing money without getting the desirable result (Government donation is to be made only after the approval). We initially struggled arranging documents and paperwork, but the company was assisting us in every step. Important Notice: Comoros citizenship-by-investment program was closed (terminated) by the Comoros Government from May 2017. Further the Comoros Government confirmed the cancellation of 170 ordinary passports improperly attributed to foreigners, including some diplomatic passports. Further amendments to the citizenship by investment scheme were made in 2013. There will be extra travelling costs (for the applicant, his family members, and the Comoros Citizens of the above-mentioned countries are not eligible to apply in the Comoros. Viewing also this CIP as a security threat following 9/11, the US pressured Belize into closing the program in 2002. Fast and efficient application process of approximately 2-4 months from application submission with no visit required. It looks like that Comoros Citizenship by Investment Program has the most affordable cost of all such official solutions. We must have the age in order we could quote the fees and expenses applicable in your case. Citizenship is granted solely by decree of the President of the Republic. Fast and simple process. And Egypt approved a new citizenship law paving the way for a new citizenship by investment program. The typical processing time is two months from the moment you submit a complete application. And there are of course agency and processing fees. Today more than 40,000 people in UAE carry comorion passports. Citizenship is granted solely by decree of the President of the Republic. “Latest update – The program is currently closed.” No physical residence requirements. Our law firm is an Authorized Representative of the Comoros Citizenship by Investment Program. Lifetime citizenship at a reasonable cost (compared to other second passport programs). Union of Comoros Citizenship by Investment. Many stateless people applied for comoros passport only for a new identification document, rather than international travel. The Comoros is the only state to be a member of the African Union, Francophonie, Organization of Islamic Cooperation, Arab League, and the Indian Ocean Commission. 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