02/01/2024
The Jordan Citizenship by Investment (CBI) Programme is a government-approved initiative that lets foreign investors get Jordanian citizenship in exchange for an investment in the country. The goal of the Jordan Citizenship by Investment programme is to bring in foreign investment and help the economy of the country.
Jordan is a country with a lot of history, culture, and beautiful natural landscapes. It is a popular place for tourists from all over the world to visit. The country is also strategically located across Europe, Asia, and Africa. This makes it a gateway to the Middle East and a hub for trade and commerce.
Jordan has implemented economic reforms to attract foreign investment, including establishing free zones and offering tax incentives. The country has also signed several free trade agreements with other countries, such as the United States, Canada, and the European Union.
There are a number of benefits of the Jordan CBI, which will be discussed in more detail below:
A bigger and better global footprint
A plus point of obtaining citizenship through the Jordan CBI program is the expanded global reach it offers. What’s more, if you’re an investor, you’ll be able to conduct business more seamlessly in other nations and discover fresh opportunities and new markets.
Business opportunities
Apart from the Jordan CBI program, the Jordanian government is implementing several economic reforms and initiatives to attract foreign investment. These include tax incentives, infrastructure enhancements, and simplified business registration procedures.
Great real estate opportunities
Investors who take advantage of the Jordan CBI program can purchase property in the country. Jordan’s real estate market is thriving, with a wide range of properties available for sale, from city apartments to countryside villas.
By investing in real estate, individuals not only inject capital but also acquire valuable assets in Jordan. The property can be used as a vacation home or rental property, generating additional income for the investor.
Access to good healthcare and education
If education and healthcare facilities for yourself and your family are high on your list of priorities, then Jordan is a great country. It has access to excellent healthcare and education to ensure that the well-being and development of your loved ones are catered for.
To qualify for the program, an individual must invest a minimum of $750,000 (USD) in real estate, the tourism sector, or renewable energy.
Additionally, investors must meet other specific criteria, such as passing background checks and demonstrating sufficient financial resources.
Other options include bank deposits and treasury bonds, company shares, or investing in small and medium enterprises that will create new jobs. The details of those options are as follows:
Bank deposit: A zero-interest deposit of at least $1 million at the Central Bank of Jordan for a minimum of three years
Purchase of treasury bonds at the value of $1 million with a minimum holding period of six years
Purchase of company shares at the value of $1.5 million, held for at least three years
Establishment of an investment project with a capital of at least $1 million (or $750,000 for a project that is registered outside of the capital city Amman) that creates at least 20 employment opportunities (or ten outside Amman) in Jordan’s capital city Amman or in ten other governorates.
For all the above options, proof of investment must be submitted as part of the application process.
Once the investment and other requirements are fulfilled, the investor and their immediate family (spouse and children) may apply for Jordanian citizenship. The application process can take up to six months (90 days in the quickest instance), following which the investor will receive their Jordanian passport.
For all the above options, proof of investment must be submitted as part of the application process.
If you require additional information to begin your Jordan Journey, don't hesitate to contact us. Our advisors are available to assist you and answer any inquiries you may have.