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Citizenship by Investment Processing Times in 2024
When it comes to securing citizenship through investment, time is a crucial factor. The processing timelines have changed considerably in recent years.
Caribbean Programmes
The Caribbean programmes, once known for their speedy processing, now take a minimum of 6 months. In some cases, the process can stretch beyond that timeframe. This is due to increased demand and more robust regulations.
Factors affecting processing times:
- Nationality of the applicant
- Completeness of documentation
- Adherence to programme requirements
- Volume of applications, especially from certain regions
Programmes in the region are working to address the backlog, but applicants should expect a longer wait compared to the past.
European Golden Visas
- Portugal: Minimum 12 months for residency permit, but citizenship timeline potentially reduced by a year.
- Greece: 6-10 months for residency, due to programme changes.
- Spain: 3-4 months on average, but could see longer wait times in the future.
These extended processing periods reflect the growing demand for citizenship and residency by investment. While faster timelines may be a thing of the past, the ultimate goal of obtaining a second citizenship or residency remains valuable.
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