Spouse and children under 18 years old are qualified. Further amendments to the citizenship by investment scheme were made in 2013. It is also not possible to invest in real estate for the purpose of residency. Comoros passports created a new problem to bidoons which acted like double edged sword. 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. The government fees are as follows. The CIP scheme hit by abuses and embezzlement of public funds. 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 recent years the Comorian Government has made substantial efforts to improve the business climate, investment conditions and to encourage the entry of foreign investors. Other countries near the Comoros are Tanzania to the northwest and the Seychelles to the northeast. The Citizenship by Investment program is part of this effort. And there are of course agency and processing fees. Further the Comoros Government confirmed the cancellation of 170 ordinary passports improperly attributed to foreigners, including some diplomatic passports. Comoros passport program remained so popular, despite comoros having visa free access only 52 countries in the world. Application can be made in Turkey or some Middle East country. Many people feel that the number of countries a passport allows you to visit defines the quality of that passport. Many stateless people applied for comoros passport only for a new identification document, rather than international travel. 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 programs, is widely recognized as the cheapest among all existing citizenships by investment programs and also has one of the fastest processing times. Highly recommended people”. In recent years the Comorian Government has made substantial efforts to improve the business climate, investment conditions and to encourage the entry of foreign investors. 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. There will be extra travelling costs (for the applicant, his family members, and the Comoros Comoros may well open a citizenship by investment in the future, with change in political climate in the country. Citizenship Invest specializes in “Fast Citizenship Programs” through which you legally obtain a second passport in a matter of 2 to 4 months depending on the program. We must have the age in order we could quote the fees and expenses applicable in your case. Over the years, we have helped countless clients gain Cyprus citizenship, and acquire a second passport from Cyprus by investing in accredited, legitimate and legal programs. Citizenship awarded by President by decree. The list of countries can change subject to the governments’ policy. Fast and simple process. Montenegro Citizenship by Investment Program Will Be Closed December 04, 2020 / Alina Konkina Commissioner for the composition of the new government, Zdravko Krivokapich, said that the Citizenship by Investment program, which has been operating since the beginning of 2019, will not remain in force. In September 2016 , the Government of Cyprus introduced changes to its citizenship-by-investment program. Our platform is free to use and we do not charge any fee to clients. 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. Comoros did once have the cheapest instant passport worldwide, however this program was ended in 2016 by the new government. Montenegro launched a brand-new Citizenship By Investment program in November 2019, and the program is still active as of May 2020. The investment program has been suspended following abuse of the program … Benefits. It is a sovereign island nation in the Indian Ocean located Mozambique and Madagascar. Read the list of countries with visa-free and visa-on-arrival access for Montenegro passport holders. What happened to Comoros Citizenship by... officially announced no new passports would be issued, How to get Ireland Permanent Residency for €400K, St Kitts is the Rolls Royce of Citizenship by Investment. The main applicant has to pay USD 40,000, spouse USD 20,000 and minor children USD 10,000. Acquiring a second passport and citizenship offers many advantages. Besides the investment, candidates need to pass a background check, have to do a medical test and buy a health insurance policy. Today we received our passports, a happy day. Citizenship is granted solely by decree of the President of the Republic. The Comoros economic citizenship is the cheapest one among all of the existing citizenship by investment programs. Your citizenship may not be revoked, regardless of … 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. Nationalities restricted from participation: French (i.e. Citizenship by Investment Immigration by Investment and Tax Residency Incorporate your Company International Bank Account Options Strategic Internationalization Credit card payments are collected by Incorporations Payments LLC with address at 26031 72nd Av NW, Suite O167, Stanwood, WA 98292 At a price of USD 45,000 for an individual or about USD 85000 for an entire family, Comoros’ citizenship-by-investment program is the world's most affordable. No notification about new citizenship to your home authorities. “Thank you for your excellent service. Second Passport by Investment Programs – Comparison Table. The Comoros Citizenship by Investment (CCBI) was first established in 2001 in accordance with the Union of Comoros Constitution. If you have any questions regarding citizenship by investment in other countries, for instance, in the Caribbean, contact us today. Important Notice: Comoros citizenship-by-investment program was closed (terminated) by the Comoros Government from May 2017. The CIP scheme hit by abuses and embezzlement of public funds. Main applicant: 45,000, spouse: 20,000, child 0-18 years old: 10,000. We asked for the cheapest family passport, they went as far as providing us a discount” – Muhamed,  UAE. After approval, you will get your Comorian citizenship (the Certificate of Naturalization and passport). In exchange, Comoros receives a fee for each passport issued. There's a fast economic citizenship you've never heard of, do you want to learn more? 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 … 45000 USD to be exact. This benefit of resolving statelessness through citizenship by investment schemes highly problematic. citizens of the French Republic), Iranians. We initially struggled arranging documents and paperwork, but the company was assisting us in every step. Comoros’ Economic Citizenship Program was terminated in September 2013 for reasons that relate to the conduct of the program and its objectives. All the fees are in US dollars. The cheapest Citizenship-by-Investment program available, it has also proven to be the most delinquent with passports sold as unregulated commodities. Following the collapse of the … At the same time, Moldova's CIP program has been suspended until December 2020. Viewing also this CIP as a security threat following 9/11, the US pressured Belize into closing the program in 2002. What makes CBI online platforms so popular? And Egypt approved a new citizenship law paving the way for a new citizenship by investment program. The Union of the Comoros has three official languages – Comorian, Arabic and French – though French is the sole official language on Mayotte. It looks like that Comoros Citizenship by Investment Program has the most affordable cost of all such official solutions. T he citizenship by investment programs are not new. “Latest update – The program is currently closed.” Ireland Citizenship by Investment Rules of MM2H program depend on the age of the main applicant. 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. It was one of the cheapest citizenship by investment program ever existed in Africa. There will be extra travelling costs (for the applicant, his family members, and the Comoros Immigration Officer) for the application procedure. For centuries the Comoros played a major role in the world economy, as a stopping off point on the mercantile routes from the East towards Africa and to the West. Comoros Citizenship by Investment Program is not a well known solution. Please, note that e-mails and questions regarding Comoros citizenship will not be answered. It can give you the freedom to travel without restrictions. 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. As for the professional fees, please, contact us to receive a quotation. They’ve been around for decades, primarily as a way for countries to boost their incomes. New passports also made them vulnerable to deportation from their countries of residence. No need to renounce your current citizenship. This may seem like a lot but in the world of economic citizenship programs, it is a bargain. Through these programs, you can keep your current nationality while enjoying the benefits of a second one. Union of Comoros Citizenship by Investment. Serving HNW clients since 2011. Citizenship-by-Investment programs offer you the opportunity to legally acquire a new citizenship quickly and simply, without any disruptions to your life. 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. Our law firm is an Authorized Representative of the Comoros Citizenship by Investment Program. Dual citizenship is recognized. Main applicant: 45,000, spouse: 20,000, child 0-18 years old: 10,000. Main applicant must be at least eighteen years old and must be a foreign person residing outside of the Comoros; Main applicant must have no criminal record (be of good character), and must not be a member of a terrorist organization; Main applicant must have made an government donation in the prescribed amount; The application procedure is personal (not only for the main applicant but also for the family members). No physical residence requirements. It became independent from France on 6th July, 1975. Citizenship by Investment Program of Turkey Countries are defined by the power and strength of their passport on the Henley Passport Index and The Passport Index. However, processing times may vary depending on the complexity of each individual case. Atlas Citizenship is "The Agency" that represents exclusive investors around the world willing to safely obtain a Second Citizenship or Residency by Investment. The capital of the Comoros is Moroni which is situated on the island of Grande Comore. 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. Citizens of the above-mentioned countries are not eligible to apply in the Comoros. The program Best Citizenships is now a part of Yellow network, “Very honest and professional service. Please, note that e-mails and questions regarding Comoros citizenship will not be answered. 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. The citizenship by investment fees as follows. St. Kitts & Nevis implemented the first official citizenship by investment program in 1984. This program allows foreign investors to obtain the long-term visa (10 years) by making an investment in the country. 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