The European Union passport is regarded as one of the most valuable passports in the world. What does that mean? The answer is simple. If you have a passport from any one of the EU member states, you can visit average 153 countries without needing a visa.
What are the benefits that you can get by obtaining EU citizenship?
Having a EU citizenship comes with world of benefits and we list some of them in this article.
1. You don't need a visa
In case you have already been to Europe, you'd know that most Americans, Australians, Canadians, and New Zealanders do not require a visa to enter. However, they are still limited to 90 days in the EU every 6 months to live, work, or study. If you are an EU citizen, you can travel freely within the 27 countries without a visa and stay in those countries without any restrictions.
2. The availability of national health care benefits
According to EU law, citizens of the EU are entitled to reciprocal health care when they travel to another EU member country. Individuals have these rights regardless of whether they are temporarily traveling within the EU, studying abroad or going on vacation, living in another EU member state permanently, or receiving medical treatment abroad.
3. Right to vote and hold public service positions
Upon the same conditions as nationals of that country, EU citizens are entitled to vote and run for office in the EU country they live in at the same level as citizens of that country. A resident of an EU country has the right to vote and stand in local elections. A citizen of the EU has the same hiring rights as citizens of the country they are seeking employment in. No additional requirements can be imposed on them. As a result, citizens can apply for any job in any country in the EU, even in the public sector.
4. Discover your family history and heritage
Citizenship through descent is still regarded as the most valuable benefit by most people. Your European identity will be strengthened when you discover more about your ancestors.
5. Tax benefits
These financial programs are not just for those who are starting a business. All EU citizens can take advantage of attractive capital investment tax incentives. In addition, being a member of the EU allows each country to take advantage of the unique relationship it has with the other. Many member states receive tax incentives and trade agreements that benefit citizens.
The European Union recently adopted a new General Data Protection Regulation (GDPR) that specifies how data is collected, stored, and used. Individuals are granted the ability to switch service providers. Unlike many other parts of the world, the EU offers taxation regulations that provide a level of privacy not available elsewhere. Poland has a very strict privacy law, even more, strict than other European countries, and individuals place a high value on their privacy.
7. Fast-tracking through customs
The next time you stand in a long airport line with non-EU citizens, you'll be even more grateful for an EU passport.
8. Property ownership
Having dual citizenship in more than one country in the EU provides the privilege of owning property in any country without a permit. The time may be right to diversify your portfolio in European real estate. Despite several European countries going through property crises at the moment, foreign investors remain optimistic about the European property market.
Considering today's turbulent political and social climate, you will be able to travel anywhere in the EU, enjoy safe travel and receive assistance in cases outside your control. That's priceless!
How to obtain EU citizenship? Contact us to explore the available options.