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 />
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