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Forming an Offshore LLC in Belize

Hold your wealth safely in a business overseas. Holding your funds abroad may seem like a daunting task, with a lot of paperwork and complicated banking systems. The process of doing so, however, does...

Moving to Germany

Are you entirely comfortable with your living situation, financial responsibility, investment environment, and all other aspects of your life? If not, you are not required to stay where you are! You h...

Case Study: Offshore Company Formation

Introduction: The following study is about a young woman who is interested in restructuring her international real estate investments. She is a young professional in a competitive career. Her family i...

Best Countries for Your Offshore LLC

Where you should set up an offshore company to save the most. Many are feeling confined because of local tax structures. Others have wealth but no form of asset protection. By creating an offshore LLC...

A Guide to Digital Banking Part 2: Banking

Before you read about how companies all over the world are accommodating to a shift in how we see money and assets, make sure you have read part one of this two-part article. In part one, we see how t...

Don’t Move to Monaco Quite Yet

A guide to relocating to one of the wealthiest countries in the world. People all over the world are not just not happy with where they live. Fortunately, relocating or expatriating can make for a mor...

Set Up an Offshore LLC

What you need to know about keeping money with an offshore business. Many are feeling confined because of local tax structures. Others have wealth but no form of asset protection. By creating an offsh...

Second Passport Basics: United States

Many individuals are flocking to the United States to live the American dream. For those who want to keep their roots in their home country, dual citizenship is the perfect tool. Dual citizenship mean...

Invest in Real Estate in Germany

Take advantage of this booming market. Are you ready to make the leap of living abroad in a popular European destination? Or maybe you just want to make a smart offshore investment. One of the best of...

Crypto Banking Solutions

What you need to know about digital assets and crypto management. The presence of cryptocurrency is a polarizing topic. Still, no one can deny that it has made a significant impact on the future of ho...

Why Is Everyone Moving To Singapore?

Relocate to highly ranked expat haven. Citizens all over the world are choosing to ditch their lives back home and seek financial and personal freedom in a jurisdiction that closely aligns with their ...

Countries Favorable to Wealthy Investors

Countries all over the world offer amazing advantages to wealthy investors looking to grow their portfolio, take advantage of safer banking, save on taxes, or seek a better quality of life. When choos...

Crypto-Friendly Nations

Best countries for digital money trading, mining, and more. Bitcoin and other cryptocurrencies sure have made a splash since they were introduced in 2008.  As of 2015, there were 14.6 million bitcoins...

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Gain Dual Citizenship by Birth

Second citizenship can be more than a helpful tool for more accessible travel but a key to tapping into a lifestyle of flexibility and freedom. Dual citizenship can mean visa-free travel, lower taxation, better investment options, discreet banking, and much, much more.  There are so many possibilities with dual citizenship. Obtaining a second passport is different for every country, each with its own timeline, regulations, and requirements. Some require a minimum income, while others may require an investment in real estate, businesses, or job creation. Other countries grant dual citizenship quite easily. For many individuals, obtaining dual citizenship is much easier. Some countries grant family members, citizens, the right to citizenship. In this article, we will look at some of the European countries that citizenship to the grandchildren of citizens. If you believe you qualify for any of these programs or want to discover the best way for you to earn dual citizenship, contact Alpen Partners below! This article cannot take the place of proper guidance. Instead, it is a quick guide for those who may qualify. For more information on expatriating and seeking new citizenship, please contact Alpen Partners. Ireland Ireland is often heralded as one of the easiest ways to gain dual citizenship. An individual can gain jus sanguinis citizenship, or citizenship through the blood of ancestors. The only requirement is that one of the individual’s grandparents was born in Ireland. This grants free Irish citizenship. With Irish citizenship, individuals can work and live in EEA or EU member countries. They can live in the country for 280 days every two years. Any longer and they become a tax resident. This is a very popular citizenship, as many individuals have ancestors in Ireland. The country has over 14 million passports in circulation, even though it only has a population of four million. UK If you are the child of a United Kingdom citizen, you can apply through a three-step process that can take several years. First, you apply for a UK Ancestry visa, which grants entry to the country for up to five years. After five years, you apply for permanent settlement. After one year of holding this status, you can apply for citizenship. Under the Windrush Scheme, Commonwealth citizens who arrived in the UK before 1973, or has at least one parent who arrived before 1973 and the individual has lived in the UK for more than two years without leaving, can apply for citizenship. Italy With Italian citizenship, individuals can live and work across the 27 EU member states without a visa, vote in the Italian Parliament, and easily purchase properties in the country. Additionally, Italian citizenship is automatically transferred to all children under the age of 18. If an individual is looking for inexpensive dual citizenship or a second passport, Italy offers citizenship to those whose ancestors were born in the country. Other countries, such as Ireland, are known for this way of easily obtaining dual citizenship. The qualifications can be somewhat tricky but do not seem to cause many issues. Male ancestors usually pass on citizenship to family without limitation, but women can only pass on citizenship to individuals born after 1948. The application process for Italian citizenship only costs $25! Spain According to the Ministry of Foreign Affairs, the European Union, and Cooperation of Spain, a person may apply for Spanish citizenship if at least one of their grandparents are from Spain. Before applying, however, interested individuals must live in the country legally for at least one year. Hungary Hungary is very generous with their citizenship in that the country considers anyone with Hungarian grandparents to be a Hungarian citizen. All these individuals have to do is apply to verify citizenship. Applicants do not even need to have a grasp of the Hungarian language. In the case that an individual’s grandparents lose their citizenship status, which frequently happened due to various peace treaties that followed WWI and WWII, there is a simplified naturalization process that does require the applicant to speak Hungarian. Germany Individuals whose ancestors that were removed from Germany due to religious, political, or racial grounds from 1933 to 1945 may be eligible to have citizenship restored. Lithuania If your Lithuanian grandparents or great grandparents held citizenship before 1940 and left the country before 1990 or was a deported or a political prisoner, you may be eligible to obtain citizenship. To obtain citizen status, an individual must prove their lineage by providing documents such as birth certificates or documents that record details such as studies or work prior to 1940.

Alpen Partners and Dual Citizenship

Does dual citizenship sound like precisely what you need for the life of freedom you’ve always wanted? Get your international life started with the expatriation services of Alpen Partners . Tap into new markets, legally lower your tax bill, and go on an adventure. It is nearly impossible for a single person to know and understand the immigration laws of various countries. That is why if you are serious about gaining a second residency or citizenship, it is vital to consult with an experienced firm, such as Alpen Partners . With partnerships with respected law firms in various regions of the world, Alpen Partners is advising its clients on every step of the expatriation journey. There is increasing tax pressure globally and professional mobility, expatriation has become one of the most efficient tools for asset protection and estate planning. Dual citizenship clearly has its benefits, so what are you waiting for? Some benefits can affect your taxes, your investment portfolio, the cost of living, and your lifestyle altogether. As the cost of traveling becomes cheaper, the benefits of expatriation for financial reasons are more easily obtained. Taking the leap and leaving your home country can be a big decision with tons of personal and legal steps. The hassle of navigating the legal process of expatriation can be reduced with the guidance of Alpen Partners. Each step requires assistance, including getting the passport, making sure everything is completed correctly regarding taxes, acquiring work permits, making investments, and more. Our expatriation and relocation services take your goals and current situation to handcraft a unique plan for you. All investments involve certain risks. All investments carry the potential for financial loss, including the loss of the principal amount invested. Past performance should not be viewed as an indicator of future results. Market conditions and broader economic factors can significantly impact the value of investments. Investments in international markets are subject to additional risks, such as currency exchange fluctuations, political or economic instability, and variations in accounting practices. Alternative investments, including but not limited to hedge funds, private equity, and real estate, may be illiquid, speculative, and are not suitable for all investors. The above information should be considered before making any investment decisions. All posts and publications are for your information only and are not intended as an offer, promotion, or solicitation to buy or sell any financial instrument or perform any other financial transactions. All information and opinions expressed in posts and publications reflect our current views as of the date of the publication and may be liable to change without notice.