How to get the Second Passport?
Obtaining a second passport through Citizenship Investment Program (CIP) depends largely on the country you are choosing. Canada is one of the few countries that offers excellent facilities to Second Passport holders. As a matter of fact, Second Passports is one of the most powerful kinds of passports in the world. While some CIPs focus only on the investment, other nations need applicants to stay and work for a specific duration to qualify for the Second Passport.
Requirements for Second Passport Program: Who are eligible for the Second Passport Program?
Want you know if you are eligible? Following are the mandatory requirements in order to be eligible for Second Passport:
- Proof of source of income
- Proof of investment or donation to government-approved programs
- Clean medical and legal records
- The mailing address of the organization or home inside the country
- Proof of spending time inside the country in the course of the application.
Any candidate who has adequate financial resources and can afford to make the minimum investment is considered to be eligible for Second Passport programs. In some cases, the candidates may need to donate a certain sum of money or get real estate in the country from where they are planning to avail a second passport. However, the candidate has to demonstrate the legitimacy of the funds. They must prove that these funds are acquired legally. The authorities do strict background checks to avoid any uncertainties. Please note that the applicant should be a minimum of 21 years old to be eligible for the Second Passport Programmes. Finally, the minimum required investment must be anywhere between $150,000 to $2 million as the rules may suggest.
Second Passport Processing Time
Nonetheless, the processing time for a second passport is country-specific and varies largely. Moreover, you can expect a minimum of 2 years.
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