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Big country green card and small country passport which is more suitable for you？
For immigrants, we often hear the words "green card" and "passport." However, those who are new to this area can't tell the difference between the two. They always think that when they get a green card, they become citizens of the country, however this is not the fact.
How far are "green cards" and "permanent residence status" from "nationality"? And what's the difference between them?
Firstly, let us clarify some concepts: permanent residence and green card
Permanent residency
Refers to the right of an individual to be allowed to residence permanently in a country, but not necessarily enjoy civil rights. A person with permanent residency is called a "permanent resident."
Green card
The official name is "US permanent resident card". The US Green cards have become the name for permanent residence permits.
Nationality
It refers to the legal qualifications of a person belonging to the nationals of a country, and is also the basis for the country's diplomatic protection. A country will only issue its own passport to its nationals.
Generally obtaining permanent residency gives you the right to legal permanent residence and work in this country.
After living for a certain number of years, meeting certain naturalization conditions and getting approval, you will be naturalized, become a citizen of this country, and have your own passport.
Big country green card and small country passport, which is more suitable for you？
Big country is more suitable for life
These big countries have comparative advantages in economy, culture and education. You can visa-free in many developed countries, allow your children to have better education resource and enjoy better social welfare.
Small country passport can quickly obtain status
Due to the high threshold and long schedule of traditional immigration country, small country passport become more and more popular among high net worth individuals.
These countries are mainly represented by Commonwealth countries such as Cyprus, Saint Kitts and Nevis, Malta, Antigua and Barbuda.
The biggest advantage of a small country passport is that it can not only facilitate global travel, allocate overseas assets, but also solve problems such as tax planning and children education.
St. Kitts and Nevis passport program
Advantages
1. Commonwealth passport program with low investment amount;
2. Get citizenship: one person apply, four generations benefit;
3. Safety: approval first, investment later;
4. Short application period;
5. No stay requirements*;
6. Tax incentives: exemption of personal income tax, inheritance tax, gift tax, overseas income tax, etc;
7. Enjoy the commonwealth's national treatment, enjoy free English education and most mutual recognition of credits between commonwealth member states.
8. Visa-free in more than 150 countries and regions: including the EU and Schengen countries, the United Kingdom, Hong Kong, Singapore, etc.
Requirements
1. Non-criminal record;
2. Donate $150,000 to the government or buy more than $200,000.
WZ&P：Grace
WZ&P— leader in residence and citizenship planning
Please contact us for more details
E-mail: grace.w@wz-p.com
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