The Hashemite
Kingdom of Jordan is strategically positioned at the crossroads of Asia,
Africa, and Europe and is a stable, 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.
Benefits of the Jordan Citizenship by Investment Program
The Jordan Citizenship by Investment Program
Located in the Northern Arabian Peninsula, Jordan is almost completely landlocked, and prospective investors are in a key position to benefit from the kingdom’s close proximity to Saudi Arabia in the south and Israel to the west — allowing for an expanded business and investment landscape.
For those who desire to become citizens in this diverse and peaceful Arab country, the Jordan Citizenship by Investment Program is the most efficient way to acquire such status. The Jordanian government welcomes wealthy foreign individuals who wish to make a significant, qualified investment into the country that would boost the economy through foreign direct investment. Under this program, individuals and their immediate family members can become citizens of Jordan within three months.
Requirements of Jordanian citizenship by investment
The Jordan
Citizenship by Investment Program requires that a foreign individual invests
into either a bank deposit, treasury bonds, securities, small and medium
enterprises, or a local job-creating project.
Applicants are required to fulfill one of the following investment options in the country:
Place a zero-interest deposit of USD 1 million at the Central Bank
of Jordan (CBJ) for a minimum period of three years; and
Purchase 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.
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.
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.
Documentary
evidence of the investment must be provided as part of the application process.
Procedures and time frame of the Jordan Citizenship by Investment Program
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.
After initial
due diligence checks have been conducted, the applicant may choose their
preferred investment route: A bank deposit and treasury bonds, company shares
and/or units, or an enterprise that leads to employment creation.
Once the
application for Jordanian citizenship has been submitted to the relevant
government committee and further due diligence checks have been successfully
completed, the application may be approved if eligibility is proven. Following
the applicant’s fulfillment of the chosen investment, they (and their included
family members) receive a Jordanian passport.
Citizenship
applies to the main investor, spouse, children (unmarried, widowed, or divorced
daughters and sons under 18), and dependent parents.
Piptan International Inc. is dedicated to assisting individuals and families in becoming Global Citizens by investing in second residency and citizenship options worldwide.