The government of the tropical island paradise nation announced that the draft of the law on the citizenship by investment program is ready.

The legislators announced that the bill was complete and submitted it to the Cabinet for consideration. The Solomon Island citizenship by investment program aims to attract vital foreign investment to supply the current revenue streams.

Moreover, after a strict due diligence check, the applicants will receive the "Solomon Islands Ordinary Passport" for the investors and their family members. You can find the government's official statement here. The Solomon Islands' passport ranks as the 34th strongest passport. It allows its holders to enter 86 countries visa-free and obtain visas upon arrival in 44 countries.

What should you know about the Solomon Islands?

The Solomon Islands is an archipelago in the southwestern Pacific Ocean and consists of 998 bigger or smaller islands, atolls and reefs. Its population is approximately 815,000, and its capital city is Honiara. The official languages are English and Pijin, but the majority of Malenesian people speak more than 60 languages. Of course, the climate is tropical, and the economy mostly produces agricultural products, fish and lumber. Meanwhile, Britannica says the tourism sector has developed since the Second World War. 

As the most important details of the Solomon Islands Citizenship by Investment Program still need to be made public, we must wait for the final wording of the new law. 
 

Do you want to have a second citizenship? Depending on your goal, dozens of citizenship and residency programs by investment programmes await you. We at Discus Holdings Ltd are supporting our clients in finding the best investors' immigration structures. Let us help you compare the solutions to find the best solution for a secure passport, allowing you a secure future and freedom of travel and business. Please set up a consultation with our experts now! 

 

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