Jordanian Citizenship and Second Passport Program: Frequently Asked Questions
What is the Jordanian Citizenship by Investment Program?
The Jordanian Citizenship by Investment Program was launched on February 26, 2018. It offers foreign investors the opportunity to obtain Jordanian citizenship by making specific investments within the country.
What are the benefits of this program?
The program provides several advantages, including:
- No language proficiency requirements.
- Citizenship granted to the applicant and their family members.
- Visa-free travel to 56 countries.
- The right to hold dual citizenship.
What investment options are available to obtain Jordanian citizenship?
Investors can acquire Jordanian citizenship through various investment options:
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Depositing funds and purchasing treasury bonds. This option requires a minimum investment of $1 million in treasury bonds held for at least six years.
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Investing in Jordanian companies by buying shares or ownership stakes. The minimum investment is $1.5 million in shares held for at least three years. This investment must create or support at least 10 new jobs for Jordanian citizens.
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Establishing and registering new investment projects in productive economic sectors. The minimum investment is $1.5 million in projects located outside Amman and $1 million in projects within Amman. These projects must create or support at least 20 new jobs for Jordanian citizens.
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Investing in existing projects within productive economic sectors. The minimum investment is $750,000 in projects located outside Amman and $1 million in projects within Amman.
What are the general conditions for obtaining Jordanian citizenship through this program?
To qualify for Jordanian citizenship under this program, investors must meet the following conditions:
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Eligibility for citizenship extends to the investor’s spouse, daughters, sons, and parents under specific circumstances.
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For investments exceeding $3 million, citizenship can be granted to the investor’s sons, their wives, and their children.
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In case of company transfer, citizenship may be granted to a new partner or owner.
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Investors must reside in Jordan for at least one month before citizenship is granted.
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Individuals holding shares from another investor who obtained citizenship based on those shares are ineligible.
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The program has an annual cap of 500 investors.
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Program criteria are subject to review and evaluation every six months.
How is the application process for obtaining citizenship?
The citizenship application process typically takes around three months. Upon approval, the applicant can receive their passport within a few days.
Does the Hashemite Kingdom of Jordan allow dual citizenship?
Yes, Jordan permits dual citizenship.
Is the process of obtaining Jordanian citizenship through investment confidential?
Yes, all aspects of the Jordanian citizenship by investment process are strictly confidential. The relevant authorities maintain the privacy of all applicants and their investment details.
Can I open more than one bank account?
Yes, investors are free to open as many bank accounts as they wish.
How do I transfer funds for the purpose of obtaining citizenship?
Once the deposit has been approved, the transfer is made directly from the beneficiary’s account to the Central Bank of Jordan.
Can I transfer funds for citizenship purposes from a company account fully owned by the applicant?
Yes, investors can transfer funds from a fully owned company account to meet the investment requirements for Jordanian citizenship.
Are there any other questions?
If you have any further questions about the Jordanian Citizenship by Investment Program, please do not hesitate to contact us. We are here to assist you throughout the application process.
