Due Diligence is a comprehensive audit of the risks associated with investing placing deposits and any other financial transactions. It seems that the concept is more banking and is mainly related to business. But how does it relate to the citizenship by investment. Citizenship by investment require the applicant to invest in a business venture that is eligible for the relevant immigration program. The importance of due diligence by the investor on the investment option cannot be undermined primarily due to the factors including:

– To secure the investment
– To plan for transition (growth & diversification)
– To qualify for the Permanent Residency by running the business profitably for at least 12 months in 18consecutive months after approval of work permit.

The Due Diligence process typically includes following areas:

– General Company Information
– Products & Services
– Operations
– Customers
– Financial Matters
– Legal Matters
– Marketing & Competition Information