... Slovakia (suspended) Croatia (suspended) Latvia (suspended) Hungary (suspended) This is a very discrete scheme is not widely known, for major investor. Upon obtaining a Slovak passport, applicant automatically becomes a citizen of the European Union in accordance with provisions of the Maastricht Treaty, acquiring significant rights to settle in European countries. While Hungary does not have a direct citizenship program, non-EU investors can obtain residency based on business establishment and trade, with a clear path to eventual citizenship through naturalisation. An individual who was, till December 31st, 1992, a citizen of the Slovak Republic under Act No. What should change. “Thank you for your excellent service. The quickest and most direct path to a second passport (no matter who your parents are, where you are born, or where you live) is through an officially recognized citizenship by investment scheme, maybe there will be a Slovakia Honorary Citizenship in the future. In total, six foreign investors were granted citizenship, based on the investors residence permits according to Article 7(2)(b) of Act on Slovak Citizenship in the period 2012-2017. The Program is regulated by the Law on Economic Citizenship as of 27 November 2008. settle down in Europe. Slovenia and Montenegro are two countries that are considering an investor visa programme for residency and citizenship by investment. In all cases of dual citizenship, the Slovak citizenship is … Answer: Slovakia does not have a direct citizenship by investment program. So long as yo… Ideally, your business will hire at least one Slovenian worker, although that is not necessarily required, and can be done later on. Slovakia is very different from many European countries that provide citizenship for investments, such as, for example, Spain, Latvia, Estonia. In this case major investor applicant is exempt from the condition of a continuous permanent residence in the Slovak Republic for at least eight years and also from the condition to speak or understand Slovak. All rights reserved. A child acquires Slovak citizenship by birth if at least one of the child's parents is a Slovak citizen, regardless of his/her place of birth. Looking to obtain Hungarian residency and eventual citizenship by investment? 175/1999 Coll. on Citizenship of the Slovak … Got Grandparents? Q: My children were born in Slovakia. Slovenian citizenship may be acquired by origin, which means that a person gets citizenship of the Republic of Slovenia through his or her parents or at least one of them, provided that the parent is a Slovenian citizen at the time of the birth.. Slovenian citizenship can be also acquired by naturalisation. Some of the above rights can be limited in accordance with separate laws to those TCNs who are granted a temporary residence for purpose of family reunification. Residence gives unrestricted travel within Schengen region. Act No. This allows Slovak citizens to reside, legally work and do business in any EU country, including The United Kingdom, Germany, and France. Any programme introduced in Slovenia could be bery interesting for investors. Best Citizenships is now a part of Yellow network, “Very honest and professional service. If you need to hire staff, Slovenia may not be as affordable as some eastern European countries but is quite affordablecompared to western Europe. Related article FAQ: State citizenship of the Slovak Republic Read more . While there is no CBI program, it is possible to obtain citizenship after 10 years of legal residence but is on a case by case basis. However, the loss of Slovak citizenship will not occur if a Slovak citizen acquires foreign citizenship by getting married to a foreign citizen, provided that the foreign citizenship was acquired during the time of their marriage, or if acquired at birth. Several such programmes currently exist in Europe for real estate. Best Citizenships (BC) is a global brand for citizenship and residence planning for wealthy HNW clients. The Comoros citizenship by investment program was established in 2001 in accordance with the Union of Comoros Constitution. Such checks may include, for example, examining bank statements or balance sheets. The Ministry of the Interior decides on every application for granting Slovak citizenship within a period of 24 months from its filing. To renew the residence permit, a company must have a profit in the minimum required amount. Slovakia also has the most expensive citizenship by investment scheme in the world starting from EUR 100 million. The competent authority to carry out the due diligence and security checks are the OCPs. Slovakia is a central European country known for its dramatic natural landscape and many castles. This means you can live, work and study in any of the 28 EU member countries with no restrictions. How to get the residence permit or Slovak citizenship in Slovakia by Investment . Sign up to receive a free copy of our industry leading global immigration magazine, Join our the global immigration community. It has a low cost of living in comparison to the rest of Europe. Citizenship by investment provisions, similar to those of Austria, exist in the legislation of Slovakia, but there is no established practice. 206/1968 Coll. Our platform is free to use and we do not charge any fee to clients. We asked for the cheapest family passport, they went as far as providing us a discount” – Muhamed, UAE. Foreign investors can apply for a temporary residence permit, which is valid for one year. 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