If you are browsing through different Citizenship by Investment and Residency by Investment Programs then you probably came across the term “Visa-Free Travel” several times. But what does it really mean? And what countries should you invest in if that was your main goal of obtaining a second passport or a permanent residency card?
What is a Visa?
Let us start off by understanding how it works. A Visa is an official document which allows its holder to enter a foreign country legally; different visa types grants their holder different rights in the host country.
Whether you need to apply for a visa or not depends on whether your home country has a visa agreement with the one you are intending to travel to. Different countries have different visa application processes, different requirements and different restrictions.
Visa Free? Visa on Arrival? Or E-Visa?
Visa Free refers to the ability to travel without the need to go through a time and energy consuming visa process. All you need in this case is a valid passport to enter and exit the country.
Visa on Arrival refers to the case in which a traveler doesn’t need to apply for a visa beforehand; visa is obtained upon reaching the destination.
E-Visa is an electronic visa that is linked to its holder’s passport. The application is usually done online and the document is received a couple days later to be physically presented when travelling.
What are the 5 benefits of visa free travel?
- No time wasted on visa applications; you can just travel whenever you want to.
- No visa applications fees due.
- Access international markets and unlock global business opportunities.
- Convenience for people whose business/personal circumstances require frequent travel.
- Feeling of freedom and stability.
What are the 5 most powerful CBI passports?
The strength of a passport is determined by the number of destinations it allows its holder to access without a prior visa. Below is a list of the most powerful passports that you can obtain through investment schemes:
- Malta Passport – 181 countries visa free
- Cyprus Passport – 173 countries visa free
- Grenada passport – 140 countries visa free
Similarly, European permanent residencies such as Malta PR, Greece and Portugal Golden Visa ease travel by allowing visa free travel to 28 EU countries.
If you are interested in knowing more about how can your second passport help you travel freely, contact any of Bluemina’s 6 offices and an expert advisor will gladly assist you in your application towards becoming a global citizen.