Breaking: Two New Citizenship By Investment Programs?

Summary

This video discusses two new citizenship by investment (CBI) programs: one in the Solomon Islands and another proposed by a Ghanaian presidential candidate. The Solomon Islands' program offers visa-free travel to over 100 countries, including Canada and the Schengen Area, with a focus on stringent due diligence. Ghana's proposed program targets people of African ancestry, offering citizenship for a $50,000 investment. Both programs could be cost-effective options for those seeking a second passport, with potential benefits for travel and investment in Africa.

Takeaways

• 🌍 Two new citizenship by investment (CBI) programs are being proposed, potentially offering some of the most affordable options in the market.
• 🏝️ The Solomon Islands is considering launching a CBI program, which would be one of the first new programs in recent times.
• 📈 The Solomon Islands' CBI program could offer visa-free travel to over 100 countries, including the Schengen area, UK, and Ireland, but its strength in South America is relatively weak.
• ⚠️ The visa-free access to Canada for the Solomon Islands might not last long due to previous instances of such access being revoked for other countries.
• 💼 The Caribbean countries have recently increased the price of their CBI programs, which might influence the pricing strategy of the Solomon Islands.
• 💼 The second proposed CBI program is by a presidential candidate in Ghana, aiming to attract people of African ancestry with a $50,000 investment for citizenship.
• 🗺️ Ghana's CBI program, if implemented, could offer visa-free travel within Africa, aligning with the African Union's efforts to create a more unified continent.
• 💼 The Ghanaian CBI proposal is speculative and might not materialize, but it highlights the potential for Africa to become an emerging market hub.
• 📉 The value of CBI programs tends to decrease over time as they become more expensive and stringent, making early adoption potentially more beneficial.
• 🛂 Nomad Capitalist offers holistic guidance for individuals interested in CBI programs, considering factors beyond just visa-free travel benefits.

Q & A

What are the two new citizenship by investment programs mentioned in the script?

The two new citizenship by investment programs mentioned are from the Solomon Islands and a proposal by a presidential candidate in Ghana.

What is the significance of the Solomon Islands' citizenship by investment program?

The Solomon Islands' program is significant because it could be one of the most affordable in the market and offers visa-free travel to over 100 countries, including the Schengen area, UK, and Ireland, which is unusual for a citizenship by investment program.

Why might the visa-free access to Canada for Solomon Islands' passport holders be temporary?

The visa-free access to Canada might be temporary because Canada has previously shown reluctance to such access for countries with citizenship by investment programs, citing concerns over security and background checks.

What is the potential drawback of the Solomon Islands' citizenship by investment program according to the script?

A potential drawback is that the program's visa-free travel benefits might not be as extensive in Latin America compared to Caribbean programs, and the visa-free access to Canada could be revoked in the future.

What is the proposed price for the Ghanaian citizenship by investment program?

The proposed price for the Ghanaian citizenship by investment program is $50,000, as suggested by a presidential candidate aiming to attract people of African ancestry.

Why might the Ghanaian program be of interest to potential investors?

The Ghanaian program might be of interest due to the potential for Africa to become a frontier market and an emerging market investment hub, and the possibility of expanded residence rights within the African Union.

What is the likelihood of the Ghanaian citizenship by investment program being implemented according to the script?

The script suggests that the likelihood of the Ghanaian program being implemented is relatively low, as such programs rarely get introduced and if they do, they may not last long.

How does the script suggest that citizenship by investment programs have been evolving?

The script suggests that citizenship by investment programs are becoming more expensive over time and the process is becoming more laborious with increased due diligence requirements.

What is the role of Nomad Capitalist in the context of these citizenship by investment programs?

Nomad Capitalist is presented as a resource for helping clients navigate the complexities of citizenship by investment programs, offering a holistic approach that considers residence, citizenship, taxes, and investments.

Why might the due diligence process be important for the success of a citizenship by investment program?

The due diligence process is important for ensuring the quality and security of the program, which can affect its reputation and the visa-free travel benefits it offers, as well as the long-term sustainability of the program.