Located on the Northern Arabian Peninsula, Jordan offers strategic advantages for investors due to its proximity to Saudi Arabia to the south and Israel to the west, facilitating a broader business and investment landscape.
For those seeking citizenship in this diverse and peaceful Arab nation, the Jordan Citizenship by Investment Program provides a streamlined pathway. The Jordanian government actively encourages wealthy foreign individuals to make significant investments that can enhance the economy through foreign direct investment. Under this program, applicants and their immediate family members can obtain Jordanian citizenship within three months. In addition, successful applicants benefit from the country’s stable political environment, which is conducive to business growth, and access to a young, educated workforce, enhancing the appeal of investing in Jordan.
Key Advantages of the Jordan Citizenship by Investment Program
- Visa-free or visa-on-arrival access to over 50 destinations worldwide.
- Citizenship extends to the entire family, including the main applicant’s spouse, children (unmarried, widowed, or divorced daughters and sons under 18), and dependent parents.
- Citizenship of a peaceful and stable country in the Middle East, known for its rich cultural heritage and hospitality.
- Citizenship in a nation that actively participates in the United Nations and is a member of the World Trade Organization, enhancing its international standing and opportunities for global engagement. Additionally, Jordan’s strategic location makes it a vital hub for trade and commerce in the region.
Key Requirements of the Jordanian Citizenship by Investment
The Jordan Citizenship by Investment Program mandates that foreign applicants make an investment in one of the following areas: a bank deposit, treasury bonds, securities, small and medium enterprises, or a local job-creating initiative.
Applicants must meet one of the following investment criteria:
- Bank Deposit and Treasury Bonds
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- Make a zero-interest deposit of USD 1 million at the Central Bank of Jordan (CBJ) for at least three years, or
- Purchase treasury bonds worth USD 1 million at an interest rate determined by the CBJ, to be held for a minimum of six years.
- Company Shares and/or Units
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- Acquire shares and/or units in Jordanian companies with a minimum value of USD 1.5 million, ensuring they are held for at least three years, and subject to temporary seizure by the Companies Control Department and/or the Jordan Securities Commission.
- Small and Medium Enterprises (Local Project Creating Jobs)
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- Launch an investment project in a designated productive economic sector with a capital investment of at least USD 1 million in the Amman governorate (or USD 750,000 for projects registered outside Amman), ensuring that the project generates a minimum of 20 jobs (reduced to at least 10 jobs for Jordanians for projects outside of Amman), as stipulated by the Social Security Corporation.
Documentary proof of the investment is required as part of the application process.
Process for applying to the Jordanian Citizenship by Investment Program
To apply for Jordanian citizenship, applicants must submit completed application forms along with the required fees and supporting documents. The eligibility criteria are limited to a maximum of 500 cases each year and are contingent on security clearance and verification of the applicant’s financial capacity. The requirements are assessed and reviewed every six months and are not applied retroactively.
After the initial due diligence checks are completed, applicants can select their preferred investment option: a bank deposit and treasury bonds, company shares and/or units, or a project that generates employment.
Once the citizenship application is submitted to the relevant government committee and additional due diligence checks are satisfactorily completed, the application may be approved if eligibility is established. Upon fulfilling the chosen investment requirement, the applicant (along with their eligible family members) will receive a Jordanian passport.
Citizenship extends to the primary investor, their spouse, children (unmarried, widowed, or divorced daughters and sons under 18), and dependent parents.
Frequently Asked Questions (FAQ)
What is the Citizenship by Investment program in Jordan?
The Citizenship by Investment program provides individuals and their families with the opportunity to obtain Jordanian Citizenship through substantial economic contributions to the economy.
What investment options are available to obtain the Jordanian Citizenship by Investment?
Options consist of applicants making an investment in one of the following areas: a bank deposit, treasury bonds, securities, small and medium enterprises, or a local job-creating initiative.
What are the advantages to obtaining the Jordanian Citizenship by Investment?
Benefits include the ability to live, work, and study in Jordan, visa-free access to specific countries, and the opportunity to experience a nation with a rich cultural heritage.
Is there a minimum investment requirement for the Jordanian Citizenship by Investment?
The minimum investment begins at USD 750,000.
What is the timeframe for processing an application?
Application processing times for Citizenship by Investment applications can vary. Please contact Compass Services directly for further information.
Can I include my family members in my application?
Yes, the main applicant can include their spouse, dependent children and dependent parents in their citizenship application.
Are there any residence requirements in Jordan?
No, there are no specific residence requirements. However, applicants are required to maintain their investments for a specified period.
What documentation will be required for the application process?
Documents required include:
- A valid passport
- Proof of investment
- Proof of health insurance
- Certificate of no criminal record
What is the procedure for applying to the Jordanian Citizenship by Investment Program?
Applicants are required to select a qualifying investment, submit their application along with the necessary documents, and complete a due diligence process.