How to Take Advantage of the Philippine Dual Citizenship

Opting to apply for an E-1 or E-2 visa to gain entry intobusinesses need to be higher when compared to
the United States of America is a very good option,investment percentages for high cost businesses. Idle
while looking to make use of the Philippine dualand speculative investments do not qualify. Unattached
citizenship program. They (the E-1 and E-2 visas) allowbank account funds and similar securities do not count
the visa holders to continue to live and work in theas investments.
country as far as they meet the requirements thatAn insignificant investment would not be considered.
have been originally laid down. As long as all the originalThe investment needs to create an income that is
conditions of the visa are met, the applicant wishing toconsiderably more than the funds needed to provide
opt for the Philippine dual citizenship may have thesethe investor's family with a living, or must have a
kinds of visas extended by up to two years.noteworthy effect on the economy of the U.S. The
Acquiring permanent residency in the U.S for peoplefunds must be controlled by the investor and the
interested in the Philippine dual citizenship can be aninvestment must appear to be free of risks. Loans,
elongated process. It is commonplace for peoplewherein assets are used to secure the business, are
interested in pursuing the Philippine dual citizenshipnot permitted.
option to gain entry with the help of a temporary visa,The purpose of the investor's visit to the U.S should be
and at the same time, file for the American green card.developing and directing the business. In cases where
With the Philippine Government passing the Philippinethe applicant does not function as the primary investor,
dual citizenship act, Filipinos can now retain theirthe applicant would need to be highly proficient in a
Philippine citizenship, and still apply for permanentspecialized skill set; workers who are un-skilled will not
residency in the U.S. The Philippine dual citizenship actqualify for this category.
also states that ex-Filipinos can now take an oath ofIn order to apply for the E-1 (Treaty Trader) or E-2
loyalty to the Philippine Republic and reacquire their(Treaty Investor) visas, applicants' wanting to have
citizenship of the Philippines. With the Philippine dualPhilippine dual citizenship, first need to find out if the
citizenship act in place, a person can hold passports oftrading or investment businesses fulfill the legal
Philippines and one other nation.requirements.
To qualify for the E-1 category, the applicant has to beAmongst the benefits of acquiring a category E visa,
a treaty-country national. The firm which is to employas long as the applicant who desires Philippine dual
the applicant also has to be part of the samecitizenship, maintains relationship with the business in
treaty-country. A considerable volume of continuingquestion, he/she can continue to live in the U.S. The
trade must take place internationally which shouldspouse of the visa holder looking to get Philippine dual
primarily be between the treaty-country and the U.S.citizenship, irrespective of the nationality, can get
This should involve at least 50% of the internationalderived visas so as to accompany the primary alien.
trade taking place through the business. Trade refersSo can children of the visa holder seeking Philippine
to exchanging goods, technology and services.dual citizenship, below the age of twenty one, provided
Also, the applicant would need to be highly proficient inthey are unmarried. An E visa holder's spouse can also
a specialized skill set; workers who are un-skilled willapply for authorization of employment through the
not qualify for this category. This is one of the optionsDHS. Children who are dependant on the holder of the
that an applicant desiring Philippine dual citizenship canE visa are not permitted to work within the U.S.
pursue.Both these categories of visas allow the holder of the
Another option for Filipinos who wish to utilize thevisa to freely travel within and outside the U.S. and
Philippine dual citizenship program and enter the U.S ispermit them to bring along their spouses and
the E-2 visa. To qualify for the E-2 category, thedependants. More and more Filipinos are now making
applicant (investor) has to be a treaty-country national.use to these visas to chase their hopes of acquiring
There needs to be a significant investment, it shouldPhilippine dual citizenship. In these times of globalization
suffice to guarantee the enterprise's successfuland currency fluctuations, it is the best time to come to
functioning. Investment percentages for low costthe United States to invest.