Jordan: Citizenship by Investment 2024

Jordan Citizenship by Investment 2024 Guide

Jordan’s Citizenship by Investment program, established in 2018, offers a pathway to citizenship for foreign investors who can make significant financial contributions to the country's economy. To qualify, investors must choose from several options, such as depositing $1 million in zero-interest funds with the Central Bank of Jordan for at least three years, purchasing treasury bonds of $1 million with a six-year hold, or investing $1.5 million in Jordanian companies or projects that create jobs.

This program is particularly attractive due to Jordan's strategic location in the Middle East, offering visa-free or visa-on-arrival access to 53 countries, including Hong Kong and Turkey. Additionally, Jordan allows dual citizenship, making it an appealing option for those looking to maintain their current nationality while acquiring Jordanian citizenship.

Break Front has a team of legal experts that can navigate you through the process.

Country Info

Population: Approximately 11.2 million

GDP: Around $47 billion USD

Economy: Jordan has a mixed economy with key sectors including services, industry, and agriculture. The country is highly reliant on foreign aid and remittances. Major industries include tourism, manufacturing, and information technology. Despite challenges like limited natural resources and high public debt, Jordan is seen as a stable and strategically important economy in the Middle East.

Language: The official language is Arabic. English is also widely spoken and used in business and government.

Position: Jordan is located in the Middle East, bordered by Saudi Arabia to the south and east, Iraq to the northeast, Syria to the north, and Israel and Palestine to the west. It also has a small coastline along the Gulf of Aqaba in the Red Sea.

Currency: Jordanian Dinar

Eligibility criteria

To be eligible for Jordanian citizenship by investment, applicants must meet the following criteria:

Investment Requirement:
- Bank Deposit: Deposit $1 million in zero-interest funds with the Central Bank of Jordan for at least three years.
- Treasury Bonds: Purchase $1 million in treasury bonds with a holding period of six years.
- Stock and Company Shares: Invest $1.5 million in Jordanian companies, which must be held for at least three years.
- Small- and Medium-Sized Enterprises: Invest in a local project, with at least $1 million in the capital (or $750,000 outside Amman), creating at least 20 jobs (or 10 outside Amman).
Due Diligence: Applicants must undergo rigorous due diligence checks, including security clearance and verification of financial sufficiency.
Clean Criminal Record: A police clearance certificate is required to prove the applicant has no criminal record.
Residence Requirement: For some investment options, such as the bank deposit, the applicant must reside in Jordan for at least one month.
Document Preparation: Applicants must provide necessary documentation, including a valid passport, proof of investment, bank statements, and personal identification documents.
Family Inclusion: The program allows the main applicant to include their spouse, children under 18, and dependent parents in the citizenship application.
Government Approval: The application is subject to approval by a Jordanian government committee, and only up to 500 applications are accepted annually.

These criteria ensure that applicants contribute meaningfully to Jordan's economy and society while also demonstrating their commitment and suitability for citizenship.

Benefits of investing in Jordan

Investing in Jordan through the Citizenship by Investment program offers several key benefits:

Strategic Location: Jordan’s central location in the Middle East provides access to key regional markets in Asia, Africa, and Europe. This makes it an attractive base for businesses looking to expand in these regions.
Visa-Free Travel: Jordanian citizenship grants visa-free or visa-on-arrival access to 53 countries, including prominent destinations like Hong Kong and Turkey. This enhances global mobility for business and leisure.
Stable and Peaceful Environment: Jordan is known for its political stability and peaceful environment, making it a safe place for investment and residence. The country has maintained security and stability in a region often marked by conflict.
Dual Citizenship: Jordan allows dual citizenship, meaning investors can retain their original nationality while enjoying the benefits of Jordanian citizenship. This flexibility is a significant advantage for global investors.
Family Inclusion: The program allows the main applicant to include their spouse, children, and dependent parents in the application, making it a family-friendly option.
Economic Opportunities: Jordan’s economy is diversified, with strong sectors in manufacturing, services, and tourism. Investing in Jordan provides opportunities to tap into these growing industries.
Speedy Processing: The application process for Jordanian citizenship by investment is relatively fast, with successful applicants typically receiving citizenship within three months.

These benefits make Jordan an attractive destination for investors seeking both economic opportunities and a stable, high-quality living environment

Dual Citizenship

Easy access to passport 3 month approval process

Diversified Economy

Strategic Location

Life Quality Index

As of 2024, Jordan's Life Quality Index (LQI) stands at 123.40, reflecting a moderate overall quality of life. The key factors include:

Purchasing Power Index: 49.81 (Low)

Safety Index: 59.48 (Moderate)

Health Care Index: 65.03 (High)

Climate Index: 89.05 (Very High)

Pollution Index: 77.41 (High)

Cost of Living Index: 38.76 (Very Low)

Investment opportunities

Investing in Jordan through the Citizenship by Investment program offers several key opportunities, particularly in sectors that are vital to the country’s economic growth.

Here are the main investment avenues:

Bank Deposits: Investors can deposit $1 million in zero-interest funds with the Central Bank of Jordan for a minimum of three years. This option is straightforward and provides a secure way to contribute to the country’s financial stability.
Treasury Bonds: Investors can purchase $1 million in treasury bonds, which must be held for at least six years. This option supports the government’s financial initiatives while offering a stable investment vehicle.
Stocks and Company Shares: Investors can buy shares in Jordanian companies or invest in stock worth at least $1.5 million. This investment must be held for at least three years. This option allows investors to directly participate in the country’s corporate growth, particularly in sectors like manufacturing, services, and technology.
Small- and Medium-Sized Enterprises (SMEs): Investors can contribute to the growth of SMEs by investing at least $1 million in a local project within Amman or $750,000 in projects outside the capital. These projects must create a minimum of 20 jobs (or 10 jobs outside Amman). This option is particularly attractive as it directly supports job creation and economic development in Jordan.
Real Estate Development: Although not directly mentioned in the citizenship program, Jordan’s real estate sector offers potential investment opportunities, particularly in tourism and residential developments. Investors looking for a long-term hold might find this sector promising, especially in popular areas like Amman and the Dead Sea region.
Property Investment: Investors can also gain residency (with a path to citizenship) by purchasing property valued at JD 200,000 ($282,000) or more, which must be held for at least five years.

These investment opportunities provide a variety of ways to engage with Jordan’s economy, from secure financial investments to direct contributions to business growth and job creation.

Required documents

To apply for Jordanian citizenship through the Citizenship by Investment program, the following documents are typically required:

Valid Passport: A copy of the applicant’s current passport, showing their identity and nationality.
Birth Certificate: A certified copy of the applicant's birth certificate, proving their date and place of birth.
Marriage Certificate: If applicable, a certified copy of the marriage certificate to verify marital status.
Police Clearance Certificate: A certificate from the applicant’s home country and any other country where they have resided, demonstrating that they have no criminal record.
Proof of Investment: Documents proving that the required investment has been made, such as bank statements, receipts for treasury bond purchases, or proof of business investments.
Proof of Financial Stability: Recent bank statements or other financial documents that demonstrate the applicant’s ability to make and sustain the required investment.
Photographs: Recent passport-sized photographs of the applicant, adhering to specific guidelines set by the program.
Investment Documents: Additional documents related to the specific investment route chosen, such as business plans, agreements, and financial projections for business investments.
Application Forms: Completed and signed application forms provided by the Jordanian authorities.
Power of Attorney: If the application is being submitted by a legal representative, a notarized power of attorney is required.
Residence Proof: For some investment options, proof that the applicant has resided in Jordan for at least one month may be required.

These documents must be carefully prepared, translated into Arabic if necessary, and notarized or apostilled to ensure compliance with Jordanian regulations. The submission of these documents is followed by a thorough due diligence process conducted by the Jordanian government to verify the information provided

Process Step-by-step

To acquire Jordanian citizenship through the Citizenship by Investment program, applicants must follow these steps:

Choose an Investment: Select from options like a $1 million bank deposit, $1 million in treasury bonds, or a $1.5 million investment in Jordanian companies or businesses.
Documentation: Prepare and submit required documents, including a valid passport, proof of investment, financial stability, and a clean criminal record.
Submit Application: File your application with the necessary documentation and fees.
Residency Requirement: For some options, reside in Jordan for at least one month.
Approval: After due diligence and government approval, citizenship is granted within 3-6 months.

This process ensures that applicants contribute meaningfully to Jordan’s economy while meeting stringent legal and financial requirements.

Why choose Break Front?

Global expertise with local insight: A team of seasoned local case executives, immigration lawyers, and investment specialists.

Independent service: We are not affiliated with any marketing agencies or specific projects. You’ll have access to all eligible Golden Visa options, allowing you to choose the best path for your needs, supported by the legal due diligence services of a reputable law firm.

High approval rate: We pride ourselves on our high approval rates while having successfully assisted hundreds of clients from over 25 countries.

Comprehensive support: Our dedicated onboarding and immigration teams guide you through the entire process, providing a seamless experience with a single point of contact.

Transparency: Our fees are clearly outlined and comprehensive, with no hidden costs involved in the entire process.

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Jordan: Citizenship by Investment 2024