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JORDAN

JORDAN

((Citizenship by Investment Program))

VISA FREE DESTINATIONS:

55

PASSPORT INDEX RANK:

87

OVERVIEW:

The Hashemite Kingdom of Jordan is strategically positioned at the crossroads of Asia, Africa, and Europe and is a business-friendly location. Jordan strikingly combines the ancient and the modern worlds, from its historic archaeological site of Petra to its capital Amman, the country’s economic, political, and cultural center. Amman is characterized by its diverse people and varied architecture, and Jordan is a relatively peaceful and stable country in a tumultuous region. Access to Jordanian citizenship is therefore appealing to applicants from nearby countries faced with socio-political uncertainties.

PROCEDURE:

Applications for Jordanian citizenship must include completed application forms and should be accompanied by the appropriate fees and supporting documents. The eligibility criteria are applied to a maximum of 500 cases annually following security clearance and confirmation of the applicant’s financial adequacy. The requirements are reviewed and evaluated every six months and are not applied retroactively.

MINIMUM CAPITAL REQUIREMENT:

Minimum contribution of USD 750,000

MAIN APPLICANT REQUIREMENTS:

Applicants can choose from one of the following investment options: Bank deposits and treasury bonds ● Place a zero-interest deposit of USD 1 million at the Central Bank of Jordan (CBJ) for a minimum period of three years; andPurchase treasury bonds valued at USD 1 million at an interest rate to be decided upon by the CBJ, held for a minimum period of six years. Company shares and/or units ● Buy shares and/or units in Jordanian companies valued at a minimum of USD 1.5 million, provided they are held for at least three years and that the Companies Control Department and/or the Jordan Securities Commission denote temporary seizure of them Small and medium enterprises (local project leading to employment creation) ● Establish an investment project in a specific productive economic sector with capital of at least USD 1 million in any location in the Amman governorate (USD 750,000 for a project that is registered outside Amman), provided the project creates at least 20 employment opportunities (reduced to at least 10 opportunities for Jordanians for a project in a governorate other than Amman), in accordance with the statements of the Social Security Corporation.

PROCESSING TIME:

3 months from submission of the application to approval

KEY BENEFITS:

  • Visa-free or visa-on-arrival access to over 50 destinations
  • Citizenship applicable to the whole family, including the main applicant’s spouse, children (unmarried, widowed, or divorced daughters and sons under 18), and dependent parents.
  • Citizenship of a calm and stable country in the Middle East
  • Citizenship of a country that plays an active role in the UN and is a member of the World Trade Organization