Are you looking to optimize your tax, expand your business, gain global mobility, establish new business, make corporate or real estate investments, or settle abroad as a digital nomad? If so, having a second passport and citizenship can be beneficial. You can obtain another citizenship through making capital investments in certain countries, which will allow you to get another passport and enjoy the added benefit of staying in that country while using their passport as a visa-free travel document for over 140 other countries.
There are several countries in the Caribbean and Europe where you can make a capital investment to obtain their citizenship for yourself and your family. For example, if you invest $130,000 in Vanuatu, you can obtain their citizenship in just 2 months.
In this article, we will explore a list of countries where you can obtain citizenship and a passport by making capital investments in their financial bonds, approved real estate projects, joint investment projects, and by purchasing government bonds.
1. Saint Kitts and Nevis Citizenship: $200k
To qualify for their citizenship program, you can invest around $200k in the real estate sector of Saint Kitts & Nevis. Alternatively, you can make a donation of around $125k. With both options, it would take up to 6 months to get your new passport.
2. Grenada Citizenship through Investment: $220,000
You can obtain a Grenada passport via their citizenship through investment program by investing a non-refundable amount of US$220k in Grenada’s approved real estate or making a donation of around $150k in Grenada’s national transformation fund.
3. Malta Citizenship through Investment: $807,386
Invest around US$807,386 in buying residential property of Malta, live in the country for over 36 months, and hold onto your purchased property for at least 5 years to obtain Malta citizenship.
4. Saint Lucia Citizenship through Investment: $300,000
You can obtain citizenship of Saint Lucia for yourself only by investing a sum of around $100k as a donation in their national economic fund. You may also consider buying a real estate property in St. Lucia with a worth of over $300k to qualify for St. Lucia citizenship.
5. Turkiye Citizenship through Investment: $400,000
The easiest country to obtain citizenship in is Turkiye, where you can do so by purchasing a property in any Turkish city costing around US$400,000 at a minimum.
Having a second passport offers great advantages for those who want to travel, live, work, and invest in other countries. By considering citizenship by investment programs, you can take steps towards enjoying the flexibility and freedom that come with having a second citizenship and passport.
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