Sunday, September 9, 2012

Why Take the dual citizenship in the Philippines?


Being a consultant and author on topics related to retirement in the Philippines, one of the most common questions we get from (former) natural born citizens of the Philippines, who lost their citizenship in the Philippines to be naturalized as a citizen of a foreign country, is " Filipino because my wife or my husband get the Philippine dual citizenship in the Philippines "?

For those who are planning to get a job or start a business after retiring in the Philippines, dual citizenship is a must. Considering that there are different options for a non-resident (Philippines) town to retire in the Philippines, there are numerous advantages to such a board to acquire dual citizenship in the Philippines. In 2003, the Philippine government has passed a law that allows citizens of the former to re-acquire Filipino citizenship. And 'known as the law on dual citizenship.

The benefits of dual citizenship are:

Right or property owner of 100% Real - without citizenship, it just means an investor for the purchase of real property either by a company of which he / she can not own more than 40% of the stock.

or right to operate a business - without citizenship, a foreigner is limited to what industries can participate, and must invest a minimum of $ 250,000.

or right to practice their profession - many retirees wish to practice their profession in the Philippines but licenses to practice professions (doctor, nurse, lawyer, etc.) are restricted to Filipino citizens

or Right to re-acquire Filipino passport

Right to vote in elections or

Immigrant visa or may be issued to the spouse of a national authorizing him / her to reside permanently in the Philippines - this gives the spouse the benefits of (i) obtain employment in the Philippines, (ii) lease real estate, (iii) the ownership of personal property, (iv) may qualify for Filipino citizenship after five years' residence, and (v) may freely enter and exit the country without all the bureaucracy of a non-immigrant residents.

The United States Supreme Court has stated that dual citizenship is a "long been recognized in the law" and that "a person may have and exercise rights of nationality in two countries and are subject to the responsibilities of both. The U.S. Supreme Court has determined that a naturalized citizen of the United States has the right to return to his native country and resume his previous citizenship, and also to remain a U.S. citizen, even if he never returns to the United States .......

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