More high-net-worth individuals look to widen travel options with citizenship-by-investment programs.
Harvey Law Group (HLG), an international investment law firm, offers to help Thais widen their travel options around the world by acquiring a second nationality and a passport that comes with global mobility and greater ease of travel through citizenship-by-investment programs (CIPs).
For a country that welcomes more than 38 million tourists in 2018, a Thai passport holder can access to a limited 75 countries visa-free or on arrival, ranking its passport 68th in the world. Thais are still required to obtain visa to travel to the United States, Canada, Australia, Europe, and other developed economies. As a comparison, Cyprus nationals, with its residency program that starts at EUR 300,000 and a citizenship program starting at EUR 2,000,000, have access to over 170 countries, including Canada, Schengen, Australia and New Zealand. On the other hand, St. Kitts & Nevis passport holder, with a citizenship program starting at USD 200,000, will grant access to over 150 countries without the need to apply for a visa. Investing into an alternative residency and nationality has never been more accessible for Thais through renowned investment immigration programs.
Investment immigration, also known as citizenship-by-investment, are government-approved programs offering individuals the opportunity to invest money into real estate, business, government bonds, or donate directly to the government – and acquire a new nationality. The nationality comes with a new passport, tax ID, and is passable through generations, therefore making it a proven succession planning tool. It is to note that all applications must be processed through authorized and duly licenced agents.
“Who’s eligible for citizenship-by-investment? If you spend time traveling overseas for business or leisure, pursuing a residency or citizenship program can set you up with property in strategic locations, which you can develop into a home away from home. If you’re a parent, some of these programs allow security and education opportunities overseas for your children. If you’re an entrepreneur, here are more opportunities to widen your network and expand benefits from the program. Acquiring a second citizenship can help attain personal goals of a hassle-free travel, access to good health and education system, as well as to grow and maximize wealth across borders,” commented Mr. Jean-Francois Harvey, Global Managing Partner of Harvey Law Group. HLG is headquartered in Hong Kong, with office presence in major cities such as Bangkok, London, Manila, Phnom Penh, Ho Chi Minh City, Ha Noi, Da Nang, where the firm offers residence and citizenship-by-investment programs in over 23 jurisdictions (including USA, Canada, Australia, New Zealand, and the Schengen countries).
“Family planning, alongside with instability within one’s home-country, are often factors that influence our clients to look for an alternative passport or residency elsewhere,” commented Mr. Bastien Trelcat, Managing Partner Harvey Law Group Southeast Asia, “The citizenship-by-investment programs are frequently inquired now more than ever as the result of globalization and cross-border trades, giving the investors the luxury of mobility.”
HLG has been advising Thais and expatriates on their investment options to attain a residency or second nationality. Quite convenient for business people and families looking to diversify, the investors can also resell their investment back after a specific holding period and keep their lifetime citizenship for themselves and their dependents, on top of all other benefits.
About Harvey Law Group (HLG)
HLG is a leading multinational law firm specialized in corporate law and mobility with a worldwide reputation for representing high-profile clients and corporations. HLG was awarded for Immigration Law Firm of the Year at the 13th annual Macallan ALB Hong Kong Law Awards 2014 and 2017. HLG is duly licensed by most CIPs to promote and submit applications on behalf of investors.
HLG entered Thailand market as a pioneer in the investment immigration industry with the most comprehensive mobility packages.
HLG is headquartered in Hong Kong, with 19 offices worldwide including Thailand, Vietnam, Myanmar, Cambodia, and Philippines. Currently, HLG offers citizenship-by-investment programs to 23 countries and counting.
For further inquiries or investment immigration program opportunities, please contact HLG Managing Partner, Mr. Bastien Trelcat, [email protected] or Ms. Krittiya Keeratiyut, Office Director [email protected]