In today’s globally competitive world, travel for business is essential to your success. While digital advancements have made connecting easier than ever before, nothing replaces the personal connection created through a firm handshake. But does your passport allow you the freedom to travel and build the relationships necessary for success or are travel restrictions preventing you from meeting business growth targets?
Visa-free travel is an agreement between two countries to open their borders. Unfortunately, depending on your citizenship, these agreements may limit or complicate your ability to travel. For example, if you are a citizen of Saudi Arabia and you wish to travel to the United Kingdom, you will need to apply for a visitor visa which can take up to 3 weeks to process. Without a second citizenship you could waste valuable time and resources which are better spent closing deals and cementing business relationships. This is why investors, business owners and entrepreneurs are looking to citizenship by investment programs.
One of the primary factors to consider is the extent that a second passport will remove travel restrictions. The best citizenship program will depend largely on your requirements and strategy for business growth. For example, the Cyprus Citizenship by Investment Program offered by Elevay, allows you to obtain the unrestricted right to live, work and study anywhere in Europe and a second passport can be obtained in as little as four months. The Cyprus passport additionally gives one visa-free travel access to 147 countries. This simplifies business travel for investors who are frequently on the go. Not to mention, one can obtain a second citizenship from Cyprus while also maintaining dual citizenship.
Another route to stress free business travel is the Malta Individual Investor Programme. Similar to the Cyprus program, Malta happens to be a member state of the European Union. Therefore, Malta citizens have the right to travel, live, work, and study visa-free anywhere in the European Union. In addition to its many other perks, Maltese citizens benefit from visa-free travel to 152 countries.
Of course the European programs aren’t the only route. The Caribbean Citizenship by Investment programs provide ease of business travel as well. St. Kitts and Nevis for instance offers visa-free travel to 129 countries including the European Union, Hong Kong and Russia. Grenada also has an extensive list of visa-free travel agreements, including the European Union, China and Russia.
Ease of business travel is no longer a luxury, it’s a necessity. Never having to apply for a travel visa in advance of a departure is a significant time-saver. Investors who take advantage of Citizenship by Investment are able to boost their networking and increase their global connections, in turn, increasing their revenue.
When considering Citizenship By Investment, it is important to analyze all of the available options. Reviewing the programs allows you to ensure the program you choose will help with your business expansion goals. Meeting with a knowledgeable consultant, such as those from Elevay, can help you review the programs and be confident in your decision. To get more information or answers to any of your questions, be sure to request your free, no-obligation consultation today.