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Thursday, April 25, 2024
CEOWORLD magazine - Latest - CEO Briefing - Asian Countries That Give Dual Citizenship

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Asian Countries That Give Dual Citizenship

As a dual citizen, you can enjoy the benefits that citizens of both nations enjoy. It will be easier and cheaper for you to expand your business into another country if you hold citizenship there. Dual citizenship offers you a contingency plan if things go wrong in one of your countries of citizenship. Even though most Asian countries do not allow dual citizenship, some do permit dual citizenship under limited circumstances. The Asian countries that permit dual citizenship are:

Bangladesh

Even though Bangladesh allows dual citizenship, it permits it only under limited circumstances. You can obtain Bangladeshi citizenship if at least one of your parents is a Bangladeshi citizen. You may apply for Bangladeshi citizenship after marrying a Bangladeshi citizen. If you are a citizen of Australia, Canada, the EU, the UK, or the US, you may apply for dual citizenship through a local consulate or embassy. If you are in Bangladesh, you can submit your application to the Ministry of Home Affairs, Bangladesh Secretariat in Dhaka.

Sri Lanka

You may get Sri Lankan citizenship if you have a Sri Lankan spouse. If you are a distinguished public servant or professional in any commercial field, you may be eligible for Sri Lankan citizenship through naturalization. Foreign investors can acquire Sri Lankan citizenship through naturalization by making a significant contribution to the cultural, economic, or social development of Sri Lanka. This route would require the foreigner to be under a Resident Guest Scheme for at least five years.

Taiwan

Even though Taiwan does permit dual citizenship, it only allows Taiwanese citizens to acquire another citizenship. A foreign national who seeks Taiwanese citizenship through naturalization must renounce their previous citizenship. However, select high-level foreign professionals with distinct qualifications in arts, culture, economy, education, science, sports, or technology who have stayed in Taiwan for at least five years qualify for dual citizenship.

South Korea

South Korea does not allow dual citizenship. So, a Korean loses his/her citizenship when they obtain another citizenship. Similarly, a foreign national must renounce his/her nationality within a year of getting Korean citizenship. But you may still enjoy dual citizenship in South Korea under exceptional circumstances such as:

    • If you marry a Korean national
    • If you have made significant contributions to South Korea
    • If you have extraordinary abilities in culture, economics, science, or sports South Korea benefits from
    • If you are facing issues with giving up your citizenship

Cambodia

If even one of your parents is Khmer, you will receive Cambodian citizenship, regardless of where you were born. You can also obtain Cambodian citizenship by naturalization if you have lived in the country for at least seven years with a residence card. If you are married to a Cambodian citizen, you may apply for Cambodian citizenship after living with the spouse for a minimum of three years. A foreigner may gain Cambodian citizenship by investing $312,500 in the national budget.

Israel

You can become an Israeli citizen under four circumstances. These are:

    • You can become an Israeli citizen by birth if at least one of your parents is Israeli or if an Israeli citizen adopted you.
    • You can obtain Israeli citizenship by naturalization if you have stayed in Israel for at least three out of the five years before applying for citizenship and wish to settle in Israel. But you will most likely have to rescind your original nationality.
    • You can get Israeli citizenship under the Law of Return if you are Jewish by birth and are not a member of another religion.
    • You can become an Israeli citizen if you are a spouse, child, or grandchild of an Israeli citizen. You may or may not be Jewish to obtain citizenship through this route. 

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This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.


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CEOWORLD magazine - Latest - CEO Briefing - Asian Countries That Give Dual Citizenship
Ayushi Kushwaha
Ayushi Kushwaha, Staff Writer for the CEOWORLD magazine. She’s spent more than a decade working for various magazines, newspapers, and digital publications and is now a Staff Writer at The CEOWORLD magazine. She writes news stories and executive profiles for the magazine’s print and online editions. Obsessed with unlocking high-impact choices to accelerate meaningful progress, she helps individuals and organizations stand out and get noticed. She can be reached on email ayushi-kushwaha@ceoworld.biz.