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BizBahrain Magazine Sep-Oct 2018

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Opinion | RIF Trust<br />

• Successful applicants will gain the<br />

right to live, work and study in all<br />

28 EU member countries<br />

• No residence requirements<br />

• Competitive tax rates and free trade<br />

within the EU<br />

Passport to the Sun:<br />

Malta, Cyprus and Portugal<br />

By Mimoun Assraoui and David Regueiro<br />

If you have ever dreamt of having a<br />

second passport that enables you<br />

the freedom to travel the globe it is<br />

now easier than ever before. Assuming<br />

you have the required funds and pass<br />

government due diligence checks the<br />

application process is made easy with<br />

the assistance of RIF Trust. There are<br />

a select few EU countries that grant<br />

citizenship within as little as six<br />

months. While the requirements and<br />

investment amounts vary by country<br />

they all offer the ability to obtain your<br />

second nationality, or in other words,<br />

your passport to the Sun.<br />

The island of Malta lies in the heart<br />

of the Mediterranean Sea, sitting at<br />

the crossroads of Europe and Africa.<br />

The country is a member of the United<br />

Nations, the Council of Europe, the<br />

International Monetary Fund, the<br />

European Union as well as the Eurozone<br />

and Schengen Area. Malta offers two<br />

exciting programs: the Malta Individual<br />

Investor Program (MIIP) and the Malta<br />

Residence and Visa Program (MRVP) -<br />

one of Europe’s best value options.<br />

The MIIP grants successful<br />

applicants citizenship for life which can<br />

be passed on to future generations. Some<br />

of the benefits are:<br />

• Visa-free travel access to 182<br />

countries including the USA and<br />

Canada<br />

• Citizens enjoy the right to live, work<br />

and study in all 28 EU countries<br />

• Adult dependents up to the age<br />

of 26 and those over 55 may be<br />

included in the application<br />

• One of the least expensive EU<br />

Citizenship-by-Investment Program<br />

The MRVP is rapidly growing in<br />

popularity due to its flexibility and low<br />

residence requirements. Some of the<br />

benefits of this program include:<br />

• Visa-free travel within Schengen<br />

area<br />

• Five years permanent residence,<br />

renewable indefinitely<br />

• Investment required only for first<br />

five years<br />

• No residence requirement<br />

• Attractive financing options<br />

available<br />

The Cyprus Citizenship-by-<br />

Investment Program (CIP) grants a<br />

second passport and full citizenship to<br />

applicants who invest in real estate and<br />

pass government due diligence checks.<br />

Benefits of the Cyprus CIP include:<br />

• Visa-free access to 171 countries<br />

Portugal is boarded by Spain and<br />

the Atlantic Ocean and has a servicebased<br />

mixed economy in which the<br />

government has privatized many<br />

state-controlled firms and liberalized<br />

a number of areas of the economy.<br />

The Portugal Golden Residence Permit<br />

Program (GRP) can lead to citizenship<br />

after six years of residence. Some of the<br />

main benefits include:<br />

• EU Residency in as little as 45 days,<br />

Portugal Permanent Residency in<br />

5 years, Citizenship possible after<br />

6 years<br />

• Freedom to travel within the<br />

Schengen countries<br />

• Only 7 days per year of residence<br />

required to maintain the residence<br />

status<br />

• Qualify via the purchase of real<br />

estate from as low as EUR 350,000<br />

or a fixed deposit<br />

• Citizenship and passport of<br />

Portugal affords visa-free access to<br />

186 countries<br />

These programs offer exciting<br />

opportunities to gain citizenship in<br />

an EU country. At RIF Trust we will<br />

assist and manage your application<br />

requirements at every step, ultimately<br />

helping you gain permanent<br />

citizenship in the country of your<br />

choice. The programs we offer include<br />

a diverse number of countries around<br />

the world and are not limited to just<br />

the EU. We also offer Citizenship-by-<br />

Investment programs in the Caribbean<br />

including Dominica, Grenada and St.<br />

Kitts & Nevis. Contact us to learn how a<br />

second citizenship and passport could<br />

benefit the safety security and future<br />

of your family.<br />

Mimoun Assraoui<br />

& David Regueiro,<br />

CEO and COO of<br />

RIF Trust<br />

<strong>Sep</strong>tember-<strong>Oct</strong>ober <strong>2018</strong><br />

25

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