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Tag Archives: Citizenship

June 6, 2021
Visa Type Explanation
(1) Visitor visa, B1/B2 visa (USA), F1 visa (USA), Student visa, Study permit (1) This class of visa is known as a ‘Non-immigrant visa’ or Temporary visa. This is for purposes such as tourism, business meeting, attending conference/exhibition, meeting relatives, etc. This visa does not give the visa holder a right to stay in the visa issuing country on a permanent basis. This visa is issued to applicants who are unlikely to be future immigrants. The applicant travels on the passport of his/her country of citizenship with the temporary visa of the respective country stamped on it.
(2) Work permit (Canada), H1 visa (USA), Employment authorisation, Work authorisation, Work visa (2) A work permit is issued to a person who has a job offer from a foreign company or sponsor. This visa allows the applicant to live and work in the country that has issued this visa. This is again a temporary visa and applicant is expected to return back to his/her home country upon the expiration of the visa.

The applicant cannot apply for this type of visa on his/her own. In most western countries, when a company/employer wishes to hire a foreigner for a job, they need to demonstrate that there is a shortage of workers suitable for that particular job/work in the country or that they cannot find a suitable person who meets the skill ability/experience/ education that the particular job demands in their own country and hence they wish to hire a worker from abroad. However, in the Middle East this type of requirement is not mandatory and companies/employers can hire foreign workers. From labour jobs to white collar jobs, hiring from outside is country is permitted. This is because they have acute shortage of labour, especially skilled labour force. Most Indians living in Middle East have this visa stamped on their passport. Even people doing business in these countries are required to be sponsored by their own company. The applicant travels on the passport of his/her country of citizenship with the work visa of the respective country stamped on it.

(3) Green Card (USA), Permanent Migration (Oz), Permanent Residency (Canada), Indefinite Leave to Remain (ILR-UK), Golden Visa (Europe) (3) This visa gives the applicants the right to live in a foreign country on a permanent basis provided they meet the renewal requirements. The visa is issued to the following persons: (i) Skilled workers – If they have been sponsored by a company or person (as in case of Family Class in USA) on a permanent basis. In countries such as Canada, Australia and New Zealand, applicants can apply to reside permanently in these countries without sponsorship. They are selected as immigrants based on their age, education, language skills and work experience.

(ii) Businesspersons and investors – Applicants who wish to do business and /or invest in a foreign country can apply to become a permanent resident either by starting a business, investing in a business or making some sort of investment in the foreign country as stipulated by the said country’s government. This category is also popularly known as Residency and Citizenship by Investment or Second Passport. (iii) Spouse – Under the marriage class, spouses can obtain the right to live permanently in a foreign country if their spouse is a permanent resident or citizen of that country (iv) Refugees – Persons who have sought asylum in a particular foreign country can apply to stay in that country permanently under the asylum law. The applicant travels on the passport of his/her country of citizenship with the permanent resident visa of the respective country stamped on it.

(4) Citizenship (4) If an applicant has shown his/her commitment to stay permanently in a foreign country over a period of 3,5, 7 or 10 years (time period depends on the citizenship laws of the country), they can apply to become a citizen of that country. Indian citizens cannot hold dual citizenship under Article 9 of the Indian Constitution. In the event an Indian citizen receives citizenship of another country, he/she will lose the Citizenship of India. When an Indian citizen holds foreign citizenship and foreign passport, he/she will be required to apply for a visa to visit India unless he/she has been issued an Overseas Citizen of India (OCI) card.
(5) OCI card holder (5) In general, the OCI card is issued to individuals who are Indian citizens by birth and their children who are now citizens of another county either by naturalisation or by birth. Foreign spouses of Indian citizens may also qualify for an OCI card.

https://boi.gov.in/content/overseas-citizen-india-oci-cardholder

(6) Non Resident Indian (NRI) (6) In general terms, NRI means a person who is an Indian citizen and now living in a foreign country for an extended period of time. However, as per the Indian taxation law, ‘any Indian citizen who is staying out of India in any assessment year for more than 182 days is a Non-resident Indian for tax purposes. Click here
(7) Countries which offer direct citizenship to Indian citizens (7) The countries which offer direct citizenship to Indian citizens are – Turkey, Grenada, Saint Lucia, Dominica, Antigua & Barbuda, St. Kitts & Nevis, Malta, Montenegro, Vanuatu, Bulgaria
(8) Countries which do NOT offer citizenship to citizens of any country (8) UAE and most Middle East countries, Saudi Arabia, Vatican City, North Korea, Liechtenstein, Bhutan, China, Austria, San Marino, Japan, Germany, etc., are some of the countries that do not offer citizenship to citizens of foreign countries. These countries may allow foreign citizens to study and work in their countries but do not allow them to become citizens of their country.
9) Countries which offer citizenship after granting permanent residency (9) USA, Canada, UK, Australia, New Zealand, Ireland, Portugal, Malta, Spain, Greece, Bulgaria, Latvia, Cyprus and many European countries first grant permanent residency to foreign citizens and then citizenship if they fulfil the conditions stipulated in their citizenship laws.
   

 

April 29, 2021

A quick analysis of the Residency & Citizenship by investment program of the world!!

Ajmera Law Group’s analysis and comparison of RCI programs of several countries will surprise you.

To attract the right kind of global businesspersons and entrepreneurs to their countries, two G-7 countries have reduced the investment amount which is now the lowest in the world.

 

Name of the country Investment amount Name  of the visa program  
USA US$ 200,000 to 1,800,000 Non-Immigrant L1, E2 visa, and Green card under EB-5
Ireland € 500,000 Permanente residency
Australia A$ 500,000 Business innovation Stream (Provisional to PR)
New Zealand NZ$ 100,000 Permanente residency
Canada CD$ 100,000 PNP Business program ( temporary residency to PR)
UK £ 50,000 Innovator visa (ILR)
Malta € 250,000 Permanente residency
Cyprus € 300,000 Permanente residency
Portugal € 350,000-500,000 Golden Visa – Permanente residency
Spain € 500,000 Golden Visa – Permanente residency
Greece € 250,000 Golden Visa – Permanente residency
Bulgaria € 512,000 Permanente residency
Turkey US$ 250,000 Citizenship
Grenada US$ 150,000 Citizenship
Carrabin Countries US$ 100,000+ Citizenship

 

July 28, 2018

So it has finally come from the horse’s mouth!

According to the article published in Midday (Mumbai edition) on 28th July, 2018, Mehul Choksi has admitted to obtaining the citizenship of Antigua in order to expand his business.

https://www.mid-day.com/articles/took-citizenship-of-antigua-to-expand-business-mehul-choksi/19648168

Mr. Choksi further stated that there was no truth in the allegations levelled by the Indian government against him. He is allegedly involved in over $2-billion Punjab National Bank scam. Mr. Choksi claims he has taken Antigua citizenship last year to expand his business, as the passport of the Caribbean nation provides visa-free travel to 132 countries, local media in Antigua reported.

“I lawfully applied to be registered as a citizen of Antigua and Barbuda under the Citizenship by Investment Program. During the course of my application, I did all that was lawfully required of me to do. My application for citizenship was in due course approved,” the statement published in the newspaper said.

Choksi had taken the citizenship of Antigua in November 2017, and oath of allegiance on January 15 this year. “My application was motivated by my desire to expand my business interest in the Caribbean and to obtain visa-free travel access to 130 or so countries,” the statement said, adding that he was in the United States in January 2018 for medical treatment. “Having received treatment I am still in a state convalescence. That being the case I have decided to reside in Antigua and Barbuda,” it read.

Many HNIs and businesspersons from India have started taking interest in the Citizenship & Residency programs of Caribbean countries because of the multiple reasons. The most important among then are:

  1. Visa free travel to over 130 countries around the world.
  2. Close proximity to the U.S. markets.
  3. High quality of life
  4. Quick processing of applications and direct citizenship (passport) through investment
March 2, 2018

Our law firm and its founder is regularly invited to speak, moderate a panel,  advise on organizing RCI conference and events, contribute articles, etc. on a regular basis. For the complete list click here. 

 

News and Updates about our law firm. 


Law office of Prashant Ajmera & Associates is now featured in THE CEO Magazine of India as one of the Brand to watch for in the year 2018. 


                  

Law office of Prashant Ajmera & Associates is Recommended Firm by Global Law Experts in the area of Residency and Citizenship by Investment – India.

 


17th & 18th May 2018 – Mumbai – Hotel St. Régis

Law office of Prashant Ajmera & Associates will be speaking and Exhibiting at the www.ielpe.com show in Mumbai St Régies Hotel


21st and 22nd Feb. 2018 – J. W. Marriott Sahar, Mumbai, India

Law office of Prashant Ajmera & Associates will be exhibiting at the TIE Global Summit from 21-22 Feb. 2018 at J W Marriott, Sahar, Hotel in Mumbai, India.  


 

27 & 28 Feb. 2018 

Prashant Ajmera speaking the Immigration conference organized by BLS Media of UK on 27-28 Feb. 2018 at J. W. Marriott Hotel, (Juhu) , India. 

 


25th & 26th Feb. 2018 – Dubai – Hotel Shangri-La

Prahsant Ajmera speaking at the Immigration Investment Summit MENA in Dubai on 25th Feb. 2018 at Hotel Shangri-La.


21st Dec. 2017

Law Firm of the Prashant Ajmera & Associates awarded Law firm of the year from India in the area of the Immigration & Nationality for the year 2017.