Back to Blog

Investment Migration Dependents – Who Qualifies?

Published by
Date Published: January 24, 2024 | Date Updated: January 24th, 2024
By January 24, 2024 No Comments
Investment Migration Dependents – Who Qualifies? - Savory & Partners

One of the most important terms in Citizenship and Residency by Investment Programs is “dependents.” It is an essential factor that can steer investors to choose one program over the other, and in this piece, we will cover the basics of dependents within investment migration programs.


What Is A Dependent?


A dependent is a family member who is financially dependent on the main applicant or spouse. They can be adult dependents or minor dependents, but the key factor is financial dependency.

This means that their entire reliance on financial aid comes from the main applicant or spouse.

Another type of dependent is the handicapped or healthcare dependent. These are family members who rely on the main applicant or spouse as their main caretakers due to health or mental issues or handicaps, and they cannot function on their own.

Dependents can be children, grandchildren, parents, grandparents, and even siblings of the main applicant or spouse.


Adult & Minor Dependents

Minor dependents are usually children or grandchildren of the main applicant or spouse. They can also be minor siblings. Each Citizenship or Residency by Investment Program defines the age of minority, and its cap can range between 16-21 years old. 

Adult dependents are those family members who are financially dependent on the main applicant but have exceeded the age of minority. For example, in many Caribbean Citizenship by Investment applications, the maximum age for children is 30 years old, which makes them adults in the eyes of the law. 

There are two main differences between adult and minor dependents, and these are due diligence requirements and proving dependency.


Don’t Miss: Citizenship by Investment – How to Prepare for Mandatory Interviews


Due Diligence

In terms of due diligence, a Citizenship or Residency by Investment Program will typically require adult dependents to undergo the due diligence process, which includes background checks and submitting police clearances.  

Minor dependents are usually exempt from due diligence requirements unless there are political sanctions or other extraordinary restraints when applying.

Typically, minor dependents are exempt from the due diligence requirements.


Proving Dependency

Proving dependency requires submitting comprehensive documentation highlighting how this family member is financially dependent on the main applicant or spouse. 

This is simple for minors as it is assumed defacto that they are reliant on their parents, grandparent applicants, or their older sibling caretakers. 

For adult dependents, it can be a bit trickier. Proof of low or no income for the adult-dependent is key to establishing a need for financial aid.  

Proof of having the same address as the main applicant or spouse and that it is registered in the name of the applicant means that these adult family members also rely on the applicant for housing costs.

Enrollment in full-time education is another way to prove dependency, especially if the main applicant or spouse can prove they are paying tuition.


Related Article: Common Mistakes When Applying to a Business Immigration Program


For parent and grandparent dependents, highlighting low pensions and average cost of living, the same addresses, and proof of financial aid can be sufficient to prove dependency. 

Bank transfers, tuition payments, rent payments, and other evidence can go a long way in proving that a family member is dependent on the main applicant or spouse. 

For other issues, such as adoption, documentation proving the adoption of a child is key to establishing dependency. While caretakers can prove their handicapped or ill family members are dependent on them through official doctor reports that are notarised.


Understanding Dependency


To get the best value for money from any Citizenship or Residency by Investment Program it is vital to get the highest number of family members included in the application. 

To do so, a thorough understanding of financial dependency is essential. Savory & Partners can help you find the program that can benefit you and your family the most, all you need to do to know more is contact us today to book a comprehensive consultation with one of our experts.



Apply Today

Our Availability

We are available on every channel convenient for you.

Jeremy Savory

About Jeremy Savory

Jeremy Savory, the founder and CEO of Savory and Partners, runs one of the world’s leading HNW citizenship by investment firms. The second passport company has coverage in over 20 jurisdictions including Europe.

Citizenship Enquiry