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How Savory & Partners is responding to the COVID-19 crisis

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Date Published: April 3, 2020 | Date Updated: August 18th, 2020
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By April 3, 2020 August 18th, 2020 No Comments

In a world that has been impacted by the threat of COVID-19, countries around the globe are implementing measures to safeguard their people and communities. We at Savory & Partners are also doing our part.

We are conscious of the difficulties that many people around the world are facing due to the COVID-19 outbreak. Protection and safety for our clients and any single individual is our major priority during these uncertain and challenging times.

Status of Current Applications

Please note that your current or future application will not be affected by the temporary quarantines imposed by governments to stop the spread of COVID-19, as for years we have fine-tuned a highly efficient preparation and submission process towards the receipt of your new citizenship. Furthermore, passport deliveries and citizenship approvals continue to arrive as normal.

We do not require you to visit our office and can instead communicate over any available channel that is convenient for you. We are available over phone, email, WhatsApp, Signal and Telegram and we have multiple team members ready to collect deliveries so you can stay safe from the comfort of your home.

Why Apply Now?

The travel bans have made it impossible to leave your country, but this is only a temporary situation. As soon as governments lift these travel bans, we expect massive demand for international travel and the freedom to travel at a moments notice will be more important than ever.

Since obtaining a second citizenship or residency takes time (4-6 months for most programs), this is the perfect time to apply for your Plan B and secure your and your loved ones’ future.

Grenada passport allows visa-free and visa-on-arrival travel to 120+ countries.

Considering the travel bans and for your convenience, we have compiled a list of citizenship and residency programs with an exceptional component: All of these programs do not require you to travel during the application process to obtain your citizenship or residency.

Citizenship by Investment Programs:

  1. Antigua & Barbuda
  2. Grenada
  3. Saint Lucia
  4. Commonwealth of Dominica
  5. Saint Kitts & Nevis
  6. Turkey
  7. Vanuatu
  8. Cyprus
  9. Montenegro

Residency by Investment Programs:

  1. Portugal
  2. Ireland
  3. Spain

Citizenship by Investment Programs

Antigua & Barbuda Citizenship by Investment

The twin-island offers economic citizenship, which gives investors an advantage in business expansion and tax relief. A five-day residency is required over the five-year period (this requirement could be satisfied all at once or in parts) within the first five years after citizenship has been obtained.

View of english harbor from Shirley Heights in Antigua.

Visa-free & visa-on-arrival travel: 145+ countries.

Time to Citizenship: 4-6 months.

Minimum Investment: $100,000 (up to 4 family members) plus fees.

Investment Options: Donation to the National Development Fund (NDF) or real estate investment.

Family Options: Donation to the NDF (Family of 5+ members) $125,000 plus fees.

Grenada Citizenship by Investment

The Grenadian Citizenship by Investment Program allows investors to apply for citizenship and passport without any type of residency requirement. Which means you are eligible to apply immediately, and you don’t have to travel to Grenada during the application process and approval.

More commonly known as the “Spice Isle”, Grenada offers beautiful unspoilt beaches, diving, sailing, hiking and so much more.

Visa-free & visa-on-arrival travel: 140+ countries.

Time to Citizenship: 4-6 months.

Minimum Investment: $150,000 plus fees.

Investment Options: Real estate investment or donation to the National Transformation Fund (NTF), Government Scrow Account.

Family Options: An applicant with up to 3 dependents from $200,000 plus fees.

Saint Lucia Citizenship by Investment

Just like Grenada program, There are no requirements to travel to Saint Lucia during the application for citizenship.

Although there are no residency requirements, Saint Lucia offers investors the opportunity to reside in one of the most stunning and desired locations in the Caribbean.

Saint Lucia is a member of the British Commonwealth and the United Nations.

Visa-free & visa-on-arrival travel: 140+ countries.

Time to Citizenship 4-6 months.

Minimum Investment: $100,000 plus fees.

Investment Options: Real estate investment or donation to the National Economic Fund (NEF), Government Escrow Account.

Family Options: Main applicant, spouse and two dependents from $190,000 plus fees.

Commonwealth of Dominica Citizenship by Investment

Apart from the opening of its new embassy in the capital city of Abu Dhabi, the government of Dominica and its citizenship by investment program have been helping families and investors to become global citizens and obtain the passport of the island, with a smooth application process which does not require applicants to travel to Dominica.

Dominica Citizenship by Investment is a reputable program that has been in operation since 1993 and is legally guaranteed by Dominican law.

Visa-free & visa-on-arrival travel: 135+ countries.

Time to Citizenship: 4-6 months.

Minimum Investment: $100,000 plus fees.

Investment Options: Real estate investment or donation to the Economic Diversification Fund (EDF).

Family Options: The main applicant with up to 3 dependants from $200,000 plus fees.

Saint Kitts & Nevis Citizenship by Investment

Saint Kitts & Nevis Citizenship by Investment program is guaranteed by the government since 1984, making it the longest established program of its kind in the world. For those interested in this program, there aren’t residency requirements, and you can also apply immediately with no interview, education or management experience required.

St. Kitts & Nevis gained its independence from the UK in 1983, although the Government is still part of the British Commonwealth and is represented by the British Parliamentary Democracy.

Visa-free & visa-on-arrival travel: 150+ countries.

Time to Citizenship: 4-6 months.

Minimum Investment: $150,000 plus fees.

Investment Options: Real estate investment or donation to the Sustainable Growth Fund (SGF option), Government Escrow Account.

Family Options: An applicant with up to 3 dependents from $195,000 plus fees.

Turkey Citizenship by Investment

Turkish citizenship allows High-Net-Worth individuals to travel visa-free and visa-on-arrival, access to world-class healthcare, high-quality education and business opportunities for them and their families. And the best, applicants can apply for Turkish citizenship directly because there aren’t residency requirements. Which means, you can start your application process without the need for travel to Turkey.

Turkey is among the top twenty economies in the world.

Visa-free & visa-on-arrival travel: 110+ countries.

Time to Citizenship: 4-6 months.

Minimum Investment: $250,000 plus fees.

Investment Options: Turkish Citizenship by Investment is possible by investing in one or more properties.

Family Options: After acquiring the residence permit, the investor and his family have the right to apply for citizenship to the Civil Registration and Nationality office; the cost per application is $100 plus fees.

Vanuatu Citizenship by Investment

Vanuatu is an archipelago country spread across 82 islands situated just between Australia and New Zealand. The nation is a member of the World Bank, the International Monetary Fund and the Commonwealth of Nations.

Fishing, offshore financial services, and tourism are other pillars of the country’s economy. If you are looking for fast-tracked citizenship, then Vanuatu might be the perfect choice for you and your family.

There are no requirements to travel to Vanuatu during the application process, and there is no physical residency required to obtain citizenship.

Vanuatu holds stable connections with most of the powerful nations around the world.

Visa-free & visa-on-arrival travel: 120+ countries.

Time to Citizenship: 2-4 months.

Minimum Investment: $135,000 plus fees.

Investment Options: Donation to the Government of Vanuatu.

Family Options: An applicant with up to 3 dependents from $195,000 plus fees.

Cyprus Citizenship by Investment

Successful applicants to Cyprus Citizenship by Investment program become citizens of the European Union (EU) automatically. They are also entitled to security and protection by European Union Consulates around the world.

The island has signed double taxation treaties with 43 countries, and applicants to its citizenship by investment program are only required to visit Cyprus after being approved.

Tourists and locals relax on the famous beach of Nissi in Cyprus.

Visa-free & visa-on-arrival travel: 170+ countries.

Time to Citizenship: 6 months.

Minimum Investment: €2,150,000 plus fees.

Investment Options: Applicants seeking Cypriot citizenship by investment must donate to the “Research Promotion Foundation” (RPF) and the “Cyprus Land Development Corporation” (CLDC). Besides that, the purchase of a residential property.

Family Options: The cost per application is €2,000 and minor child $80. Additionally, there is an approval fee of €5,000 per person.

Montenegro Citizenship by Investment

Montenegro citizenship by investment program started taking applications in late 2019; even though the program is relatively new, the country has a limit of 2,000 applications.

Just like Cyprus, successful applicants to the Montenegro CBI program are only required to travel to Montenegro after they have been approved.

Montenegro is the smallest ex-Yugoslav Republic country but one of the most beautiful and promising.

Visa-free & visa-on-arrival travel: 120+ countries.

Time to Citizenship: 6 months.

Minimum Investment: €350,000 plus fees.

Investment Options: Applicants are required to make an investment in one of the two real estate options and make a donation to the government development fund.

Family Options: €10,000 per family member (up to 4 persons); and each additional member €50,000.

Residency by Investment

The Governments of some European countries launched Residency by Investment programs as a gateway to an increase in domestic investments. In return, the investors obtain the right to live and enjoy all the benefits that the country’s systems provide.

Some of these programs are also a great option, as applicants are welcome to start their application process with little or no residency requirements to fulfill; just note that each Golden Visa program has specific requirements and offers different benefits.

Portugal Golden Visa

The Portugal Golden Visa Program is a legal program based on the law and invites foreign investors from non-EU countries to obtain a fully valid residency permit in Portugal. The program has been in effect since 2007.

Once you have obtained your Portuguese Golden Visa, you only need to visit the country seven days a year to keep your resident status. One of the lowest of all EU countries.

Lisbon City at night.

Visa-free & visa-on-arrival travel: 27 Schengen States (185+ after obtaining citizenship).

Time to Residency: 4-6 months.

Minimum Investment: €280,000 plus fees.

Investment Options: Real estate investment.

Family Options: There is a family process analysis which costs €81,10; the cost for the ARI Permanent Residency card (Per Family Member) is €5,202.60 and its renewal costs €2,601.30.

Ireland Immigrant Investor Program

Ireland has signed extensive double tax treaties with 72 countries (70 of which are currently in force), including the United States and all EU member states. Its immigration program allows applicants to complete the application process and visit the country only after being approved.

In addition to that, its residency requirement is only one day per year, one of the lowest in the region.

The economy of Ireland has been very strong in recent years maintaining the highest year-over-year economic growth rate in Europe.

Visa-free & visa-on-arrival travel: 180+ after obtaining citizenship.

Time to Residency: Once successful applicants submit the additional documentation, it may take 3-6 months.

Minimum Investment: €1,000,000 plus fees.

Investment Options: Enterprise investment, investment fund, real estate investment trusts or endowment.

Family Options: There is an Administration fee of €75,000 per application and Government fees of €1,500 per application.

Spain Golden Visa

For international investors, acquiring a Spanish Residency brings a possibility to operate between the European Union and Mediterranean countries with easy trade links with North and South American countries.

The process to obtain Spain Golden Visa is fast-tracked, it only takes 2-3 months, and applicants are not required to travel to Spain during the application process.

Gran Via in Madrid City Center

Visa-free & visa-on-arrival travel: 27 Schengen States (185+ after obtaining citizenship).

Time to Residency: 2-3 months.

Minimum Investment: €500,000 plus fees.

Investment Options: Real estate investment.

Family Options: The price of the Golden Visa per applicant is €70 and the price for PR cards per applicant is also €70.

How to Apply

Keep in mind that each program has its own benefits and advantages, and every case is unique. By booking a FREE ONLINE consultation with our team of expert consultants, you will be able to identify the program that perfectly satisfies your needs and proceed with your application.

Please feel free to reach out to us if you need any further information. We hope that you and your loved ones are keeping safe and sound, away from the outbreak of COVID-19.

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.

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