Home Local Businesses CBI programmes are still booming despite growing global inflation rates Here are the key trends that are shaping the future of the citizen by investment market by Gulf Business October 21, 2022 The global citizenship by investment (CBI) market is projected to reach $100bn by 2025; a massive jump of nearly 5x from its current evaluation of $21.4bn. Despite the high worldwide inflation rates and economic instability that followed the Covid-19 pandemic’s market turmoil, encouraging sentiments toward such initiatives have not just persisted, but also increased. CBI programmes offer individuals and families the opportunity to obtain second citizenship in exchange for investing in the country’s economy. This provides a safety net in terms of geopolitical stability and increased mobility and gives investors access to world-class infrastructure and a wealth of business opportunities. As such, it is little wonder that the demand for CBI programmes has grown in recent years, despite challenging global conditions. With the right guidance, investing in a CBI programme can be a wise move for those looking to safeguard their future and that of their loved ones. If you are considering investing in a citizenship-by-investment programme, now is the time to act. Reasons behind the increasing popularity of CBI programmes There are a number of reasons why CBI programmes have seen a surge in popularity in recent years. Firstly, they offer individuals and families a way to obtain a second citizenship, which can provide a valuable safety net with regard to both global mobility and stability. CBI programmes are often seen as a wise investment due to the fact that they can help safeguard an individual’s future in an increasingly uncertain world, while also helping them benefit from a diverse range of business opportunities and the chance to enhance their global investment portfolio. The rising popularity of remote and hybrid work opportunities and their impact on the interest in CBI programmes The Covid-19 pandemic has led to a significant increase in the number of people working remotely or on a hybrid basis. In the UAE alone, according to a survey conducted by Cisco, nearly 90 per cent of employees are interested in working either in a fully remote or hybrid working model. This trend is expected to continue even after the pandemic ends, as many companies have now realised the benefits of allowing employees to work from home. In response to greater flexibility in terms of location, interest in CBI programmes has increased, as investors realise the value of having second citizenship that would allow them greater mobility, the ability to increase their global investments, and the chance to benefit from geopolitical stability and better infrastructure. What are the key trends that are shaping the future of the CBI market? There are a number of key trends that are shaping the future of the CBI market. Firstly, there is an increasing demand for programmes that offer citizenship in countries with strong economic prospects and a favourable tax regime. Secondly, there is a growing preference for programmes that allow for fast-track citizenship, as investors recognise the value of having second citizenship in an increasingly uncertain world. Finally, there is an increasing focus on due diligence and compliance, as investors seek to safeguard their investments and ensure they receive value for money. What factors should you consider when choosing a CBI programme? There are a number of factors that you should consider when choosing a CBI programme. Firstly, you should assess your own personal circumstances and objectives to ensure that the programme you choose is right for you. Secondly, you should research the different programmes available and compare them in terms of price, benefits, and eligibility requirements. Finally, you should make sure to carry out due diligence on any programme you are considering investing in, in order to ensure that it is legitimate and that you are receiving value for money. At Passport Legacy, we have over 25 years of combined experience in the citizenship-by-investment industry. We are a Swiss boutique firm focused on helping our clients determine the best CBI programme as per their individual cases, requirements and eligibility criteria. Contact us today to learn more about how we can help you with your citizenship by investment needs. Tags Citizenship by Investment Passport legacy 0 Comments You might also like Real Estate Moguls: Meet Abdullah Alajaji founder & CEO of Driven Properties Dubai closes immigration office promoting UAE citizenship by investment