While rules vary from country to country, typically Residency (referring to Permanent Residency) gives rights to live, work, reside in a particular country. Residency usually does not include the rights of a citizen like voting, government jobs, government subsidies/loans/benefits. While as a citizen, one has all the rights as any normal citizen of that country has. Here you can check countries offering residency by investment and citizenship by investment.
Depending on the country whose current citizenship you hold, the rules vary for holding dual citizenship. While most countries allow dual citizenship, INDIA and a few other countries do not allow dual citizenship. In such a case, one will have to surrender existing citizenship if opting for another citizenship.
‘Think Global, Act Local’ is a business mantra that has worked wonders for many entrepreneurs around the world. But this philosophy has its limits – you may become a roaring success in your field, but you are an unknown phenomenon outside ‘your local market.’ By being a part of our ‘Global citizenship or residency by investment program,’ you can call any corner of the world your home. You can take your business across the globe while providing your family with the best lifestyle money can buy.
Nowadays, most nations have framed laws that allow their citizens to concurrently hold a passport of another country than ‘their own.’ This perfectly legal arrangement grants an enterprising citizen of a particular country an advantage in terms of mobility and ease of access to the rest of the world. ‘Visa-free travel’ to an ever-increasing list of countries is the most easily visible advantage of acquiring a second passport, allowing you more freedom, and this could be just the beginning of a much bigger success story.
Global Citizenship is a concept that confers a large number of ‘additional’ rights on an individual and his/her family and opens up a whole host of avenues that were not available to him/her if he/she held the citizenship of just one nation.
When an individual acquires the permanent residency or citizenship of a second country other than his/her ‘natural’ one to enhance his reach, he/she is said to be a global citizen. One does this, to make physical borders redundant or less of a hindrance and also to connect with a broader, more diverse world community.