Business Europe’s New Golden Ticket: How to Get EU Citizenship Uneeb KhanJanuary 10, 2023092 views Are you dreaming of jet-setting through Europe without having to worry about visas or country restrictions? You’re in luck: as a European Union citizen, you’ll have the world at your fingertips. Getting EU citizenship isn’t always easy — there are some hoops to jump through— but with the right know-how, it can be done. In this blog post, we’ll explore the eligibility requirements and discuss how to apply for EU citizenship so you can finally call yourself a true Europian! Table of Contents What is the Process of Obtaining EU Citizenship and What are the Benefits?How Much Does It Cost to Obtain EU Citizenship and Who Can Apply for It?How Will Brexit Affect British Citizens’ Ability to Obtain EU Citizenship in the Future?What are Some of the Pros and Cons of Being an EU Citizen Versus a National of a Member State?Pros:Cons: What is the Process of Obtaining EU Citizenship and What are the Benefits? EU citizenship is frequently obtained through investments, marriage, or birth. Citizenship by investment involves a direct cash contribution to the country of your choice within the European Union. Depending on the country you choose, you may be required to invest in government bonds, real estate, or businesses. In exchange for this financial commitment, you will receive citizenship and a range of associated benefits. Citizenship by marriage is also an option for non-European citizens looking to obtain EU citizenship. By marrying a citizen of the European Union, you may be eligible for citizenship and all its privileges after a certain period of time living together with your spouse. Finally, if you are born to one or more parents who are citizens of the European Union, you may be eligible for citizenship by birth. The benefits of obtaining EU citizenship include access to the entire Schengen Area visa-free, tax-free travel within Europe, social security and healthcare in any country in the union, and the right to live and work in any EU country without a visa. Additionally, you will be able to vote in local and European elections, as well as receive reduced tuition for higher education in many European universities. For those who want to take advantage of the benefits that come with EU citizenship, it is important to understand the specifics of each option and research the requirements prior to making any commitments. EU citizenship can open up a world of opportunity, but the process should be handled carefully and with due diligence. How Much Does It Cost to Obtain EU Citizenship and Who Can Apply for It? The cost of applying for EU citizenship varies from country to country, but generally it’s quite expensive. The fee for a full citizenship application can range from €800-2,500 depending on the exact requirements and processing time frame. Additionally, there are other costs associated with obtaining an EU passport such as travel expenses (if necessary), fees for taking language tests, and other charges. Eligibility for EU citizenship varies from country to country, but generally, requirements include being a permanent resident of the EU for at least five years and having sufficient knowledge of the official language of the relevant country. In some cases, family ties or occupations may also provide eligibility for applying for an EU passport. For more information, it is best to check with the relevant country’s embassy or consulate for specific eligibility requirements. It should also be noted that even after obtaining an EU passport, there are still certain restrictions in place depending on the member state where you live. For example, some countries may not allow dual citizenships or require you to renounce your current citizenship. Therefore, it is important to be aware of all potential restrictions before taking the plunge and applying for EU citizenship. In conclusion, obtaining EU citizenship is an expensive process that requires meeting a variety of eligibility requirements depending on the country you are applying in. Before doing so, it is important to research any potential restrictions or requirements you must meet to ensure you are eligible. How Will Brexit Affect British Citizens’ Ability to Obtain EU Citizenship in the Future? Brexit has created a great deal of uncertainty for people living in the United Kingdom. One major area of concern is how Brexit will affect British citizens’ ability to obtain EU citizenship. The UK recently concluded negotiations with the European Union, allowing citizens of the UK to remain in their current EU country of residence and retain certain rights, such as the right to work, reside and access health care. However, these rights do not equate to those of a full EU citizen. In order for British citizens to receive full citizenship in the EU, they will need to apply for naturalization through their current country of residence. This process usually involves having lived in a specific country for a set length of time and often requires passing tests on language and culture. Furthermore, as the UK is no longer an EU member state, British citizens may not be eligible for EU citizenship through the freedom of movement rules (which allow citizens to move freely within the 26 Schengen countries). This means that they will need to follow naturalization protocols of each individual country if they wish to gain a passport from that country. What are Some of the Pros and Cons of Being an EU Citizen Versus a National of a Member State? Pros: Access to the EU internal market and its many benefits, including free movement of goods, services, workers and capital. Freedom of choice when it comes to studying or working in any other member state. Easier access to global financial markets and payment systems. Possibility to participate in the European Union’s cross-border programs, with special emphasis on education and research. Cons: More bureaucratic hurdles to jump through when attempting to do business or travel within the EU. More taxes that must be paid due to the requirement of filing multiple tax returns across countries in order to remain compliant with EU laws. Increased compliance requirements for companies and individuals, including the need to comply with data protection rules and regulations in multiple countries. The possibility of being subject to extra scrutiny or even deportation if your citizenship is ever questioned. Risk of losing rights associated with EU citizens, such as healthcare access, pension benefits, and other social security support. A need to stay up to date on changes in EU discourse, laws and regulations. This can be time consuming and difficult to keep up with. In short, while being an EU citizen has many advantages over being a national of a member state, it also comes with its fair share of drawbacks and risks. However, many of these risks can be managed with adequate preparation and knowledge. With the right steps taken, it is possible to enjoy all the benefits afforded by EU citizenship without sacrificing any of your rights or financial stability.