Australian citizenship is granted to high net worth foreigners for investment in the economy of the state and subject to compliance with the minimum stay requirement. Visa type. These are also known as citizenship by investment, golden visa, or golden passport programs.. Contact us for free private consultation. The application for granting the Czech citizenship can be submitted by a foreigner who has a permanent residence permit in the Czech Republic and meets number of legal requirements. The validity of the long-term residence permit for the purpose of investment is up to two years, with unlimited extensions, including to all family members. Still, successful applicants who subsequently obtain Czech citizenship will receive one of the world’s top passports, ranked 8th in the world, with visa-free travel to 170 nations. 326/1999 Coll ., on Residence of Foreign Nationals in the Czech Republic and on the Amendment of Certain Acts, as amended (hereinafter referred to as the “Foreign Nationals Act”). Processing time. Citizenship by Investment Cyprus. We had all documents, but apparently the law for women is very different. Other countries offer a route to citizenship following a reasonable period of residence, such as Australia, Canada, Greece, Portugal, Singapore, the UK, and the USA. In other words, descent from a Czech parent is the primary method of acquiring Czech citizenship. In 1984, St. Kitts & Nevis (St. Christopher & Nevis) established its Citizenship by Investment Program under the 1984 Citizenship Act, Part II, Section 3 (5) regulations, making it the oldest Citizenship by Investment program in the world. Successful applicants receive a two-year renewable visa and can gain citizenship after a decade of residence in the Czech Republic. Unlike the business visa, which can force holders to wait a year or more to bring family members to the Czech Republic, the investment visa allows family members to use a family reunification visa to enter the country, allowing them to come almost immediately. Czech republic is a EU member state since 1 May 2004 and also a signatory of schengen agreement. Investment name. The investment visa requires that investors make a 75 million koruna (just over $3.6 million) investment in a business that will create employment for at least 20 Czech nationals or other EU citizens. This can be accomplished through different types of investment options including real estate, government bonds, establishing a business, development programs, etc. The conditions for significant investment conditions are 1. Citizenship. The quickest and most direct path to a second passport (no matter who your parents are, where you are born, or where you live) is through an officially recognized citizenship by investment scheme, maybe there will be a Czech Republic Citizenship Program in the future. Citizenship by investment is a process by which an individual obtains a second passport and second citizenship by investing in the country ― usually in the form of property investment. Business visa applicants also face significant documentation requirements but can expect a longer 90-day to 120-day processing period and potentially additional scrutiny relative to investment-based applicants. Read more on how to apply for Honorary Citizenship Czech Republic. The Czech Republic launched a new investment visa in 2017, aimed at deep-pocketed investors with 75 million koruna (just over $3.6 million) to spend and a business idea capable of creating employment for at least 20 Czechs or other European Union citizens. 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