Switzerland-based Baseflow, a company that helps people acquire new citizenships and residencies, announced that it has raised €2.3M in funding from Balaji Srinivasan, Tim Draper, Aragon DAO, Sandeep Nailwal, Roneil Rumburg, Andrea Dusi, Max Merenti, Enzo Coglitore, as well as other angel investors and supporters.
Baseflow says the fresh capital will enable it to continue building the world’s best citizenship by investment (CBI) experience and expand into residency by investment programmes. Ultimately, Baseflow aims to create the network state, a world where individuals and governments are free to collaborate and innovate.
“I’ve backed entrepreneurs who created new cars and rockets. Now it’s time to build new countries,” said Draper, a prominent venture capitalist and investor in Tesla, SpaceX, and other companies.
Benefits of second citizenship
CBI is a programme that allows people to gain citizenship in a country by making an investment there. Investors must undergo background checks and, if approved, create a government-approved investment in exchange for citizenship. The specific requirements of CBI programmes vary by country.
CBI countries often have favourable tax systems, with reduced income, inheritance, and wealth taxes. This makes them attractive destinations for businesses and individuals alike.
CBI programmes also safeguard the users assets with secure investment options and political stability. It can help protect the users financial future.
CBI countries often offer a high quality of life, with excellent cultural attractions, cuisine, and natural beauty. The countries often have world-class educational institutions and healthcare facilities.
In times of political unrest, CBI countries can also provide a safe and stable environment. At the same time, CBI passport holders often enjoy visa-free travel to a wide range of countries..
Simplifying second citizenship process
In today’s increasingly interconnected world, many people are seeking the benefits of second citizenship. However, the process of applying for second citizenship can be complex and time-consuming. This is where Baseflow can help.
Founded in 2021 by Luis Cuende, Alex Recouso, and Uxio Piñeiro, Baseflow is part of The Network State Company, which is on a mission to create a prosperous society where talent and wealth flow freely. The Zug-based company believes that citizenship by investment programmes can help people achieve financial freedom, asset protection, and access to better education and healthcare.
Baseflow is the world’s fastest CBI platform, designed to simplify the second citizenship application process. With Baseflow, the journey to second citizenship is just a few simple steps.
Baseflow’s platform guides users through each step of the citizenship application process, from finding the right programme to submitting all required documents. The company also offers personalised guidance and support to ensure that each user’s experience is as smooth and seamless as possible.
Baseflow is committed to making citizenship by investment more accessible and affordable for everyone. The company offers a variety of programmes to choose from, and its team of experts is available to answer any questions users may have.