March 11, 2021
When you apply for Citizenship by Investment Program, you take into account a series of facilities that you expect to receive from it. Besides strengthening your business prospects, and securing your wealth with lucrative tax regimes, you also take note of the benefits your children would receive. You generally weigh the features of the program, such as the benefits your children would get from your citizenship of the Commonwealth of Dominica, and then take a final decision on the matter. Here is a concise list of benefits that your children would get from such a high-end program.
Excellent Education Facilities
You want your children to grow up, getting high-standard education. When you ensure dual citizenship through a top-notch investment program, your children get the facilities to study at high-end schools and colleges of the new country. In most of the cases, the education is heavily subsidized. Also, the facilities they receive are world-class. There are great opportunities in terms of career growth. This is indeed a markedly huge benefit for your children in their growing years. You would be very proud of your decision when you invest in the program.
No Inheritance Tax!
This is another exciting benefit that you can pass on to your children. In most of the CBI program, there is absolutely no obligation to pay an inheritance tax. So, you don’t have to counter any administrative hurdles to bequeath the wealth you have amassed to your children. There would be no expenses in terms of inheritance tax. The concerned authorities, in almost every case of CBI program, do not ask for any type of inheritance tax. Hence, your kid is going to get the full amount of wealth, inherited from you, through a completely legal procedure.
A Peaceful Society
When you become the second citizen of the new country, you ensure a peaceful and lovely environment for your child. There are no wars and politically unstable situations. Your child grows up in a safe and secure manner, exactly the way you would imagine. The program also focuses on the well-being of your kid.
Flexible Provisions for International Travel
As you become a citizen of the country through the CBI, so does your child. So, even he gets the facilities of visa-free travel to numerous countries across the globe. This definitely improves his career prospects, and also provides him with more opportunities on international platforms.
Gather the Right CBI Info
You can simply contact Pass Pro and gather relevant info on various details of the CBI program of your target country.