Jordan CIP Receives 105 Applications in its Seven First Months
The Jordan Citizenship by Investment Program has received 105 applications since opening in February this year, despite its high investment requirements and doubtful utility.
The Jordan Investment Commission on Monday reported that eight
“All eight requests met all measures set by the government and procedures were completed,” said JIC Chairman Muhammad Shehadeh, adding that the individuals in question were of Syrian, Iraqi, and Palestinian origin.
Read also: Jordan’s New CIP Gets 52 Applications in First Month Despite Hefty Price Tag and Dubious Benefit
The JIC will have granted a grand total of 15 citizenships under the program by the end of the month.
A Jordanian passport affords visa-free travel to only 45 countries, none of which are in the Schengen-zone. The minimum investment for the country’s CIP is US$1 million.
Christian Henrik Nesheim is the founder and editor of Investment Migration Insider, the #1 magazine – online or offline – for residency and citizenship by investment. He is an internationally recognized expert, speaker, documentary producer, and writer on the subject of investment migration, whose work is cited in the Economist, Bloomberg, Fortune, Forbes, Newsweek, and Business Insider. Norwegian by birth, Christian has spent the last 16 years in the United States, China, Spain, and Portugal.