There are some countries around the world that offer citizenship by investment. This means that citizenship can be acquired by investing in the local economy by purchasing real estate, investing in securities, setting up a business, or creating jobs.
What are the advantages of a second citizenship?
- Access to 120 to 180 countries around the world including the EU and USA without visas.
- Register a company and do business in another country.
- Acquire the same rights as citizens.
- Quickly move to another country in case of an unforeseen event.
What are the countries that offer citizenship by investment?
Portugal, Malta, Spain, Greece and Latvia.
Turkey and Dubai.
What are the conditions that one must consider when choosing a country that offers citizenship by investment?
All countries have different conditions for attaining a second citizenship. Listed below are conditions that need to be considered:
- Amounts and types of investment
- Requirements for investor
- Registration costs
- Investment terms
- Process of obtaining citizenship
- Freedom of travel, work and study
- Availability to the whole family
- Access to education and healthcare
- Tax benefits
- Quality of life
Which of these countries offer the best options?
|Country||Time to citizenship||Minimum investment|
|Portugal||5 years||€250,000 minimum investment|
|Malta||12 months or 36 months||€690,000 minimum investment|
|Antigua and Barbuda||5 months||€100,000 minimum investment|
|Grenada||2 months||€150,000 minimum investment|
|Dominica||4 months||€100,000 minimum investment|
|St. Kitts and Nevis||52 months||€150,000 minimum investment|
|Portugal||5 years||€250,000 minimum investment|
|St. Lucia||4 months||€100,000 minimum investment|
Portugal lies on the Atlantic coast of the Iberian Peninsula in Southwestern Europe and hugs 832 kilometers stretch of the Atlantic coastline. It enjoys sunny weather for most of the year and boasts of excellent fresh produce and a delectable cuisine of mostly seafood like sardines and cod fish. It is an excellent option for expat families as they can avail of quality education, easy access to healthcare and an overall high quality of life.
A Portuguese passport allows the holder free movement meaning that one can live, work, and study in Portugal and anywhere else within the European Union, European Economic Area, Switzerland and the United Kingdom and can travel visa-free to 186 countries.
Malta is an island located in the central Mediterranean Sea. It is a small but strategically important group of islands that has throughout its history played an important role for the domination of the Mediterranean Sea. It is a famous tourist spot but also a financial haven that has attracted numerous investors and firms from all over the world. Praised for its excellent healthcare system, safety, cost of living, and economic opportunities, Malta has become one of the top destinations for investors seeking to acquire a second passport.
The Malta Citizenship by Investment Program grants investors and their families a Malta passport in one year’s time. Thanks to this scheme, Malta is now one of the easiest European countries to get citizenship. Considered one of the strongest passports to have, the Malta passport gives you Malta citizenship for life, the right to live, work and study in Europe, and visa-free access to over 160 destinations including the US, Canada, and the UK.
ANTIGUA AND BARBUDA
Antigua and Barbuda is an independent Commonwealth country located where the Atlantic Ocean and Caribbean Sea meet. It is known for its reef-lined beaches, forests and resorts. It offers a very laid-back lifestyle that is perfect for retirees. Antigua and Barbuda grants investors the unique opportunity to become citizens via its Antigua and Barbuda Citizenship by Investment Program. Due to an efficient and rapid process, an Antigua and Barbuda passport can be available in five months time in exchange for a minimum investment of $100,000.
Grenada, also called the ‘Spice Isle’ because of its numerous nutmeg plantations, it is a peaceful Caribbean island offering an accessible Grenada Citizenship by Investment Program. Considered one of the fastest ways to obtain a second passport, the program grants investors a Grenada passport in two months in exchange for an economic investment of at least $100,000.
Dominica is a mountainous Caribbean island nation with natural hot springs and tropical rainforests. Its Dominica Citizenship by Investment Program, allows investors to get a Dominica passport in four months for just $100,000.
ST. KITTS AND NEVIS
St Kitts and Nevis is a dual island nation situated between the Atlantic Ocean and Caribbean Sea that offers a luxury lifestyle and tax benefits. The St Kitts and Nevis Citizenship by Investment Program offers individuals and their families the opportunity to get a St Kitts and Nevis passport in exchange for an investment of at least $150,000 that has no stay requirements and a fast-track immigration process of only two months.
St Lucia is an Eastern Caribbean island that offers one of the cheapest ways to get a second passport via its St Lucia Citizenship by Investment Program. For a minimum investment of $100,000, investors and their families can get a St Lucia passport in four months. Investors will enjoy an idyllic lifestyle in one of the easiest countries to get citizenship along with tax benefits and visa-free travel to more than 130 countries worldwide.