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Some EU member states, including Bulgaria, Cyprus and Malta, have also operated "golden passport" schemes, but they have run into opposition from the European Commission over the back door they offer to EU citizenship.
Fearing visa hassles could cost him his job in Dubai while an economic collapse had dashed any homecoming options, Lebanese executive Jad splurged around $135,000 on a new citizenship for himself and his wife.
Having Grenadian citizenship makes applying for a US investor visa easier for businesspeople, he said, while those looking to retire or settle abroad can invest around a quarter of a million dollars in Greece or Portugal to secure permanent residency.
Some EU member states, including Bulgaria, Cyprus and Malta, have also operated "golden passport" schemes, but they have run into opposition from the European Commission over the back door they offer to EU citizenship.
Fearing visa hassles could cost him his job in Dubai while an economic collapse had dashed any homecoming options, Lebanese executive Jad splurged around $135,000 on a new citizenship for himself and his wife.
Having Grenadian citizenship makes applying for a US investor visa easier for businesspeople, he said, while those looking to retire or settle abroad can invest around a quarter of a million dollars in Greece or Portugal to secure permanent residency.
