Seychelles Launches Citizenship by Investment Program

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Under the newly published Seychelles rules, foreign investors can obtain citizenship by investing more than US$1 million in the country to start or expand a business.

 

Seychelles is the smallest African state, consisting of 115 islands. It is a small paradise for those seeking an abundance of marine life and gorgeous unspoiled beaches.

 

Benefits of the Seychelles Citizenship by Investment Program:

 

  • The most powerful African passport with visa-free travel to 151 countries (Russia, China, Great Britain, EU Schengen countries, etc.)

  • Access to free health care and other benefits

  • Exemption from payment of penalties and obtaining a permit for paid work.

 

An investor is eligible to apply for citizenship by investment by fulfilling all of the following requirements:

 

  • Invest US$1 million or more in a business in Seychelles.

  • Live in Seychelles for 11 years as a legal resident.

  • Not be absent from Seychelles for an uninterrupted period of one year or more without the consent of the Minister of the Interior.

  • Not be sentenced to imprisonment for more than 1 year under any Seychelles law.

  • Achieve a minimum of 80% in one of the three national languages ​​(Creole, English, or French) in the citizenship qualification exam.

  • Don't be a banned immigrant.

 

The investor must pass an exam in which (s)he will have to answer 25 out of 100 questions in one of three national languages ​​(Creole, English, or French). The exam has a passing score of 80% and is administered by the Department of Immigration and Civil Status every two months.

 

WANT TO LIVE IN A PARADISE ON THE ISLAND? SEE ALL AVAILABLE CITIZENSHIP BY INVESTMENT PROGRAMS IN THE CARIBBEAN HERE

 

Source: investinseychelles

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