Jordan's citizenship by investment program will
change to attract more wealthy investors under the passport and
residency schemes.
Interior Minister of Jordan and head of the investors'
committee, Salameh Hammad announced the planned amendments of the
citizenship by investment and the residency by investments of the
country. The cabinet aims to attract more investors, creating more
jobs and localising current investments, according to the Jordan Times.
The Jordan citizenship by investment program started in 2018,
and 21 applicants obtained the valuable passport of the country so
far.
Investment options of Jordan citizenship by investment
program
The applicants now must deposit 1,5 million USD on a
zero-interest account for five years at the Central Bank of Jorden.
Another option is to purchase Treasure bonds of the same value and
keep it for at least ten years. The third investment option is to
buy securities (1,5 million USD) of an active investment