What is Citizenship By Investment (CBI)
Citizenship By Investment (CBI) is a legal process through which individuals can obtain citizenship in a foreign country by making substantial financial contributions. These contributions may include investments in real estate, government development funds, or approved business ventures. CBI programs are designed to attract high-net-worth individuals, offering them new opportunities for global mobility, enhanced financial security, and access to better resources. Key benefits of CBI include visa-free or visa-on-arrival travel to numerous countries, optimized tax planning opportunities, and access to improved healthcare and education systems. These programs also provide a pathway for families to secure generational advantages.
What this means for Family Offices
For family offices, CBI presents a strategic tool for global diversification and wealth planning. It allows families to mitigate geopolitical risks by establishing residency or citizenship in multiple jurisdictions. CBI can also provide access to new markets, favorable tax regimes, and robust legal systems, enhancing overall asset protection. Additionally, it serves as an effective solution for facilitating multi-generational planning, offering family members greater flexibility in terms of travel, education, and career opportunities. By integrating CBI into their strategies, family offices can create tailored solutions that align with the unique goals and aspirations of the families they serve.
Companies such as CitizenX are experts in facilitating these programs, providing bespoke guidance to clients navigating the CBI process.
