Tax Appeal of Jordanian Immigration

Many people may have never heard of Jordan's investment immigration program, and might not even have a strong impression of the country itself. Jordan's citizenship by investment program isn't popular mainly due to its poor value proposition: high entry cost requiring at least $750,000, and limited visa-free access. According to Henley Global rankings, Jordan's passport only offers visa-free access to 50 countries, ranking 98th globally - near the bottom of the list. Let's briefly look at its investment requirements:

• Deposit $1 million in the Central Bank of Jordan at 0% interest for at least 3 years; or deposit $1 million at the Central Bank's prescribed interest rate for a minimum of 6 years
• Invest at least $1.5 million in Jordanian stocks or trust units and hold for a minimum of 3 years
• Invest $1 million in SMEs in the capital city while creating 20 jobs, or invest $750,000 in SMEs elsewhere in Jordan while creating 10 jobs

However, where there's supply, there's demand. A Jordanian passport suits those doing business and living in the Middle East. Beyond this, does it offer any pleasant surprises in terms of tax policy? Let's examine: