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ETIAS Explained: What this means for Citizenship by Investment Passport Holders

ETIAS Explained: What this means for Citizenship by Investment Passport Holders


6th November 2024

The European Travel Information and Authorization System (ETIAS) is set to launch in mid-2025 officially. This will have massive ramifications for all travelers, including those who obtained their status through Residency and Citizenship by Investment. In this article, we’ll explain ETIAS, how it works, when it will launch, and what steps you need to take.

 

What is ETIAS?

ETIAS is an electronic system designed to strengthen the security of the Schengen Area by pre-screening travellers from visa-exempt countries. Similar to the U.S.’s ESTA (Electronic System for Travel Authorization) system, travellers must complete an online application and receive approval before entering Schengen countries for short stays, which is up to 90 days within a 180-day period.

While ETIAS is not a visa, it will be mandatory for citizens of visa-exempt countries, including those who obtained passports via Citizenship by Investment (CBI) programs. Its main goal is to bolster border security and prevent unauthorised individuals from entering Europe.

 

When will ETIAS go into effect?

ETIAS is scheduled to launch in the first half of 2025, following the implementation of Europe’s new Entry/Exit System (EES) in autumn 2024, which is an automated system that replaces the manual stamping of passports. Once ETIAS becomes active, a six-month transitional period will follow, during which countries will inform travellers about the new regulations. Travellers will still be able to cross borders without ETIAS during this time. After this transitional phase, a yet-to-be-determined grace period will allow first-time travellers some leeway. After that, ETIAS will be required for all eligible passport holders.

 

Who needs ETIAS?

If you hold a Golden Visa or a residency permit from an EU or Schengen country or citizenship from a non-EU, non-Schengen country with visa-free access to the Schengen Area, ETIAS will apply to you. This includes passport holders from countries like Antigua & Barbuda, Dominica, Grenada, St. Kitts & Nevis, and St. Lucia, who obtained their citizenship through investment.

Exceptions include individuals who obtained citizenship through CBI programs in EU or Schengen countries, as they already enjoy full access to the Schengen Area. Additionally, if your citizenship never included visa-free Schengen access, such as that of Turkey, ETIAS will not apply.

With the introduction of ETIAS, CBI passport holders will now need to obtain ETIAS, similar to other third-country nationals. While this new requirement adds a step to the process, it does not diminish the significant advantages of Caribbean CBI programs. For those who secured a second citizenship primarily for visa-free access to Schengen countries, this extra step is a minor adjustment that does not lessen the overall ease and convenience of travel.

 

How does ETIAS work?

The ETIAS application process is simple:

  • Submit an online application with personal and travel details.
  • Pay a small fee of around €7.
  • Receive travel authorization—approval can be granted within minutes.

The authorization is valid for three years or until your passport expires, allowing multiple entries for short stays in the Schengen Area. Additionally, the application process is designed to be quick and straightforward, particularly for travellers with a clean record. If there are any issues with your application, the approval process could take up to 96 hours, and travellers with criminal records may be flagged for further review.

 

How to prepare for ETIAS

With ETIAS set to launch in mid-2025, here’s how to get ready:

  • Stay updated on ETIAS requirements and any changes affecting your travel plans. An important resource would be the official EU website or a trusted firm like Citizenship Invest.
  • Plan ahead: Apply for ETIAS early, particularly if you intend to visit Europe soon after the system goes live.
  • Renew your passport if needed: If your passport is close to expiring, renew it before applying for ETIAS to avoid issues during the application period.

 

ETIAS will undoubtedly impact how CBI passport holders travel to Europe, but the process is straightforward and manageable. With proper planning, your European trips will remain smooth and enjoyable, even with the new system in place. Stay prepared, and you’ll be ready to continue exploring the world with your CBI passport.

 

 

 

 

 

 

Source - Citizenship Invest
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