Dual citizenship is common in Canada, as almost one out of 20 Canadians possess more than one passport.
There is no document or authorized recognition of dual citizenship by the Canadian administration. Immigrants who become residents of Canada can simply maintain their citizenship in their motherland in numerous instances. Only 49 countries of the world incorporating Canada permit dual citizenship. Latvia, Portugal, Panama, Pakistan, Kosovo, Iceland, Greece, Jamaica, Malta, Peru, Egypt, France, Hungary, Italy, Nigeria, and the United States are some of these 49 nations.
In some instances, an individual seeking to obtain dual citizenship does not even have to shift to another country in order to get it. For instance, Italy and Ireland let anyone with relatives from those nations attain citizenship. Italy provides an ancestral passport too.
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Advantages of Dual Citizenship
- Global mobility
Several passports are pretty uncertain in their visa-free mobility, forcing residents to get permits whenever they require visiting overseas. An extra passport can provide people from different nations with raised global mobility.
- Tax Optimization
Dual citizenship might be beneficial for tax optimization purposes. A number of countries, for instance, only levy income earned from that country and do not subject capital profits to taxes either. This lets investors handle their assets more effectively.
- Quality lifestyle
Multiple citizenships can proffer access to first-rate medical facilities, education, and a better lifestyle.
- Business
The dual citizens can do business in the host nation and travel overseas more liberally.
How to Get Second Citizenship?
You can obtain dual citizenship and the equivalent passport in many ways; it includes marriage, investment, neutralization, and birth.
Marriage
There are some countries that offer fast-track PR status to folks who have married a resident of that country, thus speeding up the time to residency. For instance, Canada permits spousal sponsorship that result in automatic PR status for the overseas spouse.
Investment
Many nations are giving citizenship through investment programs to investors having high net worth. Citizenship via investment program is the procedure of obtaining dual citizenship by investing in the host nation’s economy.
Neutralization
It is the procedure by which a citizen of a country can get citizenship, typically by living in that country for a specific period as a permanent citizen. For instance, Canada's permanent citizens should live in Canada for 4 out of 6 years to be eligible to apply for citizenship. Individuals with non-permanent status like students, and international employees, should first acquire permanent resident status to begin counting their years as residents towards the residency necessity.
It is vital to closely glance at the necessities of your country of residence if you expect to procure dual citizenship for Canada by neutralization.
Birth
There are nations that permit non-resident people to acquire citizenship if their parents have lived in that country since birth. For instance, Hungary lets people not living in the country to secure Hungarian residency; they can prove in the application that their parents are citizens.
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Article source: https://article-realm.com/article/11742-How-to-Secure-Dual-Citizenship-in-Canada.html
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