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Citizenship by investment programs enable the applicant to rapidly obtain citizenship with no required residence period, or only a short nominal period measured in days or weeks. These are often known as "golden passports" or "cash-for-passport" programs, offering visa-free travel and possible tax advantages.
SoFi was founded in 2011 as a student loan refinancing company. In 2019, SoFi — , short for Social Finance — expanded into investment services, offering a user-friendly platform to new investors.
The Henley Passport Index is an annual ranking of countries in the world based on how many travel destinations are accessible to the passport holders without a prior visa. [11] The Investment Migration Climate Resilience Index by the company assesses a country's climate resilience and ranks climate resilient locations for migration. The 2022 ...
A US passport is not as powerful as it once was, according to the annual Henley & Partners Passport Index. The index ranks passports by visa-free access to 227 destinations, and the US is only ninth.
The program was initiated in 2007. From 2007 to November 1, 2020, just over 7,000 people received Cypriot citizenship. The minimum investment was 2 million euros and citizenship was extended to the family of the investor as well. [2] In 2013, the required minimum investment for citizenship was lowered from 25 million in 2007 to 2,5 million. [3]
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The scheme began in 2012. [6] [7] By 2024, the country has received 7.3 billion euros of funds through the program.[8]In August 2019, according to SEF, Chinese investment in Portugal under the scheme was down during the first eight months of 2019 a decrease of 15.7 percent from the same period of 2018.
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