Blockchain Press Releases
Savory and Partners: Remote Application Process for Citizenship by Investment, a Popular Choice
DUBAI, UAE, June 24, 2023 /PRNewswire/ — When the world moved to a new dimension of remote working, various industries adopted their way of life to align with the technology-based, remote working environment. Governments too, redesigned their methods of operation to accommodate the new age of globalisation, and investment migration is no exception to this rule.
The thought of obtaining a second citizenship through a remote application may have seemed outlandish a decade ago, but it is a very real and feasible process today. Various countries throughout the world offer remote routes to obtaining a status within the country without the need of physically being there, and this evolution has been expedited by the pandemic.
What is a Remote Application Process (RAP)
The remote application process for citizenship and residency and other immigration-related matters is a new development to reduce the need for in-person interactions. The process involves the use of technology such as online forms or video conferencing to allow applicants to complete the necessary paperwork and communicate with government officials.
How it Works
The remote application process for citizenship and residency typically involves the following steps:
- Online Application: Applicants begin the process by completing an online application form and submitting it electronically.
- Document Submission: Applicants are then required to submit supporting documents, such as birth certificates, passports, and criminal records, electronically as well.
- Background Check: Governments conduct background checks on applicants to ensure that they meet the criteria for citizenship or residency.
- Interview: In some cases, governments may conduct an interview with the applicant via video or phone to gather additional information or verify their identity.
- Final Approval: Once the application process is complete, the government will either approve or deny the applicant’s request for citizenship or residency.
Before the pandemic
An important thing to note is that various countries had remote Citizenship by Investment processes in place before the pandemic made it a necessity.
The Caribbean Five, a coalition of citizenship by investment (CBI) programs in the Caribbean sea consisting of Antigua & Barbuda, Dominica, Grenada, St. Kitts & Nevis, and St. Lucia, already allowed applicants to submit their applications remotely.
An applicant could receive their new citizenship certificates and passports while never leaving their home country through a licensed international agent.
When St. Kitts & Nevis and Dominica first launched their CBI programs back in 1984 and 1993, respectively, the application process and delivery of the passports were conducted through the mail. Now software systems are set in place, while physical documents remain delivered by courier.
Programs, such as Malta’s CBI programs, or Greece’s RBI program, required applicants to personally submit their applications within the country itself, meaning travel was required.
During the pandemic
As COVID brought everything to a screeching halt, governments scrambled to reorganise their processes in order to adapt to the new landscape.
The Caribbean five, already masters in remote processing, had little to do as they continued processing files remotely. Nevertheless, they did innovate to make things easier. St. Lucia, for example, launched an online payment portal to ensure applicants who could not reach banks during the pandemic had a secure way of transferring their funds.
Antigua & Barbuda, the only country that required successful candidates to visit the nation for five days within the five years after obtaining citizenship, suspended that requirement, making it much simpler for those wanting to maintain their citizenship but unable to travel.
After the pandemic
As things cooled down and travel corridors reopened, most investment migration programs decided to maintain their remote application processes to make it easier for applicants who did not have the time, ability, or will to travel to submit their applications.
While there remains a large set of moving parts in the process of investment migration (consultancy firms, government agents, banks, due diligence agencies, etc.), the entire process has become more streamlined than ever, making it simple for anyone to obtain their second passport from the comfort of their own home.
Countries that have Adopted Remote Application Process for Citizenship and Residency
United States
Canada
United Kingdom
Australia
New Zealand
Germany
Austria
Portugal
Spain
Italy
Malta
Cyprus
Greece
Turkey
United Arab Emirates
Singapore
Hong Kong
Panama
Costa Rica
Dominican Republic
Bahamas
Barbados
Antigua and Barbuda
St. Lucia
St. Kitts and Nevis
Savory & Partners is an accredited agent for multiple governments where citizenship by investment is offered with coverage in over 20 jurisdictions including Europe and was the first firm to obtain all five authorised agent licenses for the governments of the Caribbean Islands. To date it has processed second passports for over 4,000 citizens with a 100 percent success rate. For more information visit www.savoryandpartners.com.
For more information, please send an email to [email protected]. You can also call +971 04 430 1717 or send a WhatsApp message to +971 54 440 2955.
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Blockchain Press Releases
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion
Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025
WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.
The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.
“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”
Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
Media Contact
BlocksBridge Consulting
[email protected]
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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.
For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.
For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.
“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,” said Joan Han, Sales and Marketing Director at Bybit.
The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:
- Up to 10% cashback in USDT, BTC and ETH on eligible purchases
- Zero fees for instant virtual card issuance
- Zero annual or hidden fees
- Up to 8% APY
Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!
#Bybit / #TheCryptoArk #theBybitCard
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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Blockchain Press Releases
Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.
From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:
- South Asia: Eligible users in South Asia may sign up for the Grand Spin Extravaganza
- Africa: Eligible users may register to enter the P2P Prize Spinner
Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.
As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.
Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.
Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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