If I go by the real estate option, when can I sell my property and in the case of selling, do I maintain the passport for life or how does it work?
Answers
On
Stacey Ann Aberdeen answered:
Yes, the property can be resold after holding the same for at least 7 years if it is a freehold and at least 5 years if it is a share purchase. Even if you resell the property, you still keep the citizenship.
On
Kevin Hosam answered:
The real estate option allows 2 types of purchases; a 400k investment with a mandatory holding period of 5 years, while there is a 200k investment with a 7 year mandatory holding period. Citizenship is lifetime; therefore, once the required holding period is fulfilled, you are eligible for renewal.
