When you consider getting second citizenship, one of the essential factors is the cost of the endeavor. We are going to reveal the list of the countries which offer the possibility of getting affordable citizenship.
One of the best investment programs is Saint Kitts and Nevis. An applicant can get long-running citizenship for $150,000. If you consider such countries as Australia, France, or Switzerland, investment requirements are very high and not everybody can afford to donate €3 million to the government fund.
The List of the Countries To Purchase a Citizenship by Investment
Are you fond of warm climates and beautiful landscapes? You have a unique chance to get residency in the Caribbean Islands, Turkey, the EU, or Australia. Many destinations offer unique investment opportunities, preferable tax conditions, and affordable cost of living. Start preparing for your dream life right now!
Citizenship of Antigua and Barbuda is one of the most affordable on the market. It is your chance to get access to second citizenship and visa-free opportunities for traveling to 150 countries. When you plan to participate in an investment scheme, you should be ready to pay either a $100,000 non-refundable grant to the National Development Fund (for 1 applicant or family of 4) or a charitable contribution to the University of the West Indies of $150,000 (for a family of 6 or more).
The Main Benefits of Citizenship in Antigua and Barbuda:
- Low investment for getting the 2nd passport.
- Relatively tax-friendly countries.
- One of the most affordable economic citizenship schemes.
- Possibility to include your family members.
- Allowance to have dual citizenship
- No interviews, history exams, or obligation to speak the local language.
Dominica is ranked as the top Caribbean destination to obtain a citizenship program and get your 2nd passport. You have a unique chance to invest in an eco-friendly and VIP resort called Secret Bay. Donations start from $100,000 as a non-refundable grant to the State Fund or real estate investment of $200,000. Applicants can buy real estate in shared or full ownership with a five-year mandatory property holding period. It is the easiest way to get your dream Caribbean passport and residency. It is the easiest way to get your dream Caribbean passport and residence.
The Main Benefits of Citizenship in Dominica:
- Affordable financial investment program.
- Dual citizenship.
- Unique business opportunities.
- No history or language exams.
- The local currency is pegged to the American currency.
- Possibility to include family members in a single application.
- Visa-free opportunities in 143 countries.
By obtaining the cheapest citizenship in Saint Lucia, you can explore the dream lifestyle in the Caribbean. Saint Lucia has a positive reputation regarding economic citizenship by investment. Getting your second passport and acquiring citizenship will cost you $100,000 via a non-refundable donation to the State Fund for 1 applicant or $150,000 for a family of four. As the second option, consider investing in the COVID-19 Relief Bond of $250,000 and get access to interest-free bonds with maturities of 5-7 years. The third option concerns real estate investment of $300,000 with a mandatory property retention period of 5 years.
The Main Benefits of Citizenship IN Saint Lucia:
- Long-term visas to Canada and the US.
- One of the most flexible environments for taxpayers.
- Possibility of investment in Saint Lucia’s economy.
- Convenient ways to optimize taxes.
- Remote and stress-free process of obtaining the 2nd passport.
- Visa-free travel to 146 countries.
Saint Kitts and Nevis have one of the oldest investment programs for obtaining citizenship. The services will cost you $150,000 as a non-refundable grant to the Sustainable Growth Fund for 1 applicant or $195,000 for a family of 4. The second option is to invest in a social housing project in the amount of $175,000. The third option is a real estate investment of $200,000+. Applicants can invest in development companies shares, own real estate shares, or purchase property in full ownership. It is a well-known destination for crypto taxpayers.
As a bonus, you get visa-free access to 156 countries without applying for a visa. These two islands are the most beautiful places in the Caribbean.
The Main Benefits of Citizenship in Saint Kitts and Nevis:
- One of the most attractive tax systems.
- A legal right to work in Canada/US thanks to long-term visas.
- The process happens remotely for the client’s convenience.
- The choice of real estate investment options is vast.
- No language/history tests.
- You can travel to 156 countries with your new passport, including the Schengen Area and the UK.
Grenada is officially considered a Commonwealth country so you can enjoy a close link to the UK. The country is ready to offer attractive investment citizenship programs. The first option is a non-refundable grant to the National Transformation Fund, which costs $150,000. Alternatively, applicants can consider equity in the hotel business ($200,000) or purchasing a property in an approved project ($300,000). Grenada is famous for its spice plantations and is considered one of the best culinary destinations in the world.
The Main Benefits of Citizenship in Grenada:
- Easy access to Canadian and American long-term visas.
- Possibility to take your family members with you.
- You can get your new citizenship without visiting Grenada personally.
- Dual citizenship is allowed.
- The tax system is one of the most favorable in the Carribeans.
- A popular offshore destination for business people.
- Language/history tests are not needed.
This guide will walk you through things to keep in mind, highlighting the most important advantages and differences of each country!
Turkey is one of the significant transcontinental countries bordered by three seas. It is a top-rated destination among tourists and business investors thanks to its climate and location, facilitating easy market connectivity. If you consider purchasing Turkish citizenship by investment, you are one of the best choices, as such a program can allow you access to the European and Asian markets. Besides, the country is in the process of becoming an official member of the European Union. Applicants should be ready to pay the minimum investment amount of $400,000 to get Turkish citizenship by investment through real estate purchases.
The Main Benefits of Citizenship in Turkey:
- Visa-free to 110 destinations, which includes Singapore, Hong Kong, and Japan.
- High standards of living, medicine, and education.
- The country is famous for its Mediterranean climate, diverse landscape, and friendly people.
- Other members of the applicant’s family have the right to get Turkish citizenship.
- Applicants can get an E-2 Investor Visa in the United States of America for five years and renew it afterward.
- Access to governmental services in one of the best Eurasian countries.
Australia is a popular destination among foreigners. Many are interested in investing in the economy and gaining their second citizenship. It is possible to get citizen status if you are an investor living in the country for 4 years. An applicant has the right to reunite with the family. You must obtain a permanent Australian residence permit a year before you plan to apply for your citizenship. The required investment amount starts from AUD 200,000.
The Main Benefits of Citizenship in Australia:
- An applicant can get access to visa-free travel worldwide (181 countries).
- One of the most favorable tax systems.
- The highest standards of living, social security, and financial stability for all residents.
- Applicants can get access to foreign markets in the most beneficial conditions.
- Excellent healthcare/education/social systems and guarantees.
- All close members of the family can get Australian citizenship.
Residency by Investment in the Europe Union
Europe is a dream place for people from all around the world. It is very diverse and full of wonders. Endless opportunities make it very attractive for people who want a second citizenship. Would you like to get European citizenship? The fastest way to do it is through European residency-by-investment. Below, you will see the European countries with the most flexible and affordable conditions.
Would you like to enjoy a hassle-free lifestyle? Portugal is one of the best destinations for your residency investment program. The country offers excellent schemes, a fast-track process, and the possibility to get your EU citizenship in 5 years. You will need to invest in real estate in the amount of €280,000-€500,000 for your Portuguese residency, which is low compared to other EU countries. There are alternative ways to obtain residency in Portugal: investment in a Private Equity Fund (€500,000), investment in company shares or capital transfer (€1,000,000), or participation in the creation of new jobs (10 jobs is the minimum requirement).
The Main Benefits of Citizenship in Portugal:
- You benefit from the local NHR tax regime.
- The medical system is affordable.
- The cost of living is cheaper than in other EU countries.
- Educational establishments are of high quality.
- The country is considered to be crypto-friendly.
- An extensive choice of investment options.
We have prepared a complete guide of Portugal Golden Visa. You will find all the benefits of Portugal Residency, interesting facts about the country and all investment options.
Many people choose Greece to get residency in Europe. It is a standard and affordable option of real estate investment. Applicants should be ready to invest €250,000, one of Europe’s lowest investment levels. You can invest in Greek property on either the mainland or the islands. Applicants can choose between commercial or residential properties. You can offer a capital contribution with a minimum value of €400,000 to a company with its registered office or establishment in Greece. Alternatively, you can buy Greek government bonds with a minimum acquisition value of €400,000 and residual maturity of at least three years at the time of purchase. The last option is a term deposit of a minimum value of €400,000 to a domestic credit institution.
The Main Benefits of Citizenship in Greece:
- An applicant has the right to include a partner and children in the application.
- Attractive tax system.
- High standards of working and living.
- Possibility to set up business in Greece.
- All applicants can gain visitor visas for traveling to the EU Schengen zone.
Austrian residency by investment program allows applicants to invest in the local economy to get Austrian citizenship. The Austrian passport is considered one of the most respectful in terms of traveling and doing business. By encouraging foreign investors, Austria significantly contributes to its economy. Austria allows applicants to invest in the economy to gain residency and citizenship. Note that such investment must be significant. Typically, you will need to pay €3 million for government bonds. There are several ways to get residency in Austria: a residency permit for financially independent individuals, a Red-White-Red Card for the start-up founders, and Red-White-Red Card for self-employed key workers. It is mandatory to demonstrate the availability of sufficient funds in a bank account in Austria or any other European country in the amount of 100,000 EUR for a family of 4 individuals.
Applicants must confirm their German language knowledge at level A1 or present a university degree. After receiving the Austrian passport, applicants can get visa-free access to 199 countries worldwide, including the UK and the US.
The Main Benefits of Citizenship in Austria:
- Possibility to live, travel, and work in the EU Schengen zone.
- Austria is a member of the EU, UN, UNESCO, OSCE, OECD, and BIS.
- One of the members of Schengen States.
- Permanent residency can be obtained in 5 years.
- High standards of living.
Citizenship and Residency by Investment programs help to obtain invaluable advantages such as Safety, Global mobility, and a Higher Standard of Living.
We combine these two powerful instruments to create a tailor-made Wealth&Life strategy for every client to be implemented through an intelligent investment portfolio.
What Are the TOP 10 Cheapest Passport To Buy?
Why do so many people want to obtain their second passport, which works like a golden visa? Getting extra benefits and rights is one of the primary motivators. Every country offers a unique program of obtaining citizenship by investment program for foreign applicants and their families. Choosing the correct country is an essential concern for everyone. If you are on the quest to get your second passport, please see below the list of countries, prepared after a detailed analysis of the market, people’s preferences, and the convenience of life in the presented countries. However, the main parameter we pay attention to while composing the list is the needed investment for obtaining second citizenship, starting with the lowest investment amount and finishing with the highest one.
- Antigua and Barbuda
- Saint Kitts and Nevis
- Greece
- Australia
- Dominica
- Grenada
- Turkey
- Saint Lucia
- Portugal
- Austria
Of course, the question of where it is better to get a second passport is highly linked to personal preferences. However, these countries definitely deserve attention, as they have a lot to offer, including relatively low prices for upgrading your lifestyle.
Dual Citizenship Through an Investment Program: New Business Horizons
If you have a private business, it is natural to want more extensive access to international markets, so getting second citizenship by investment can help you reach the set targets. Getting a second passport gives you access to many business opportunities. Being a citizen of one of the countries described in this article, you can invest in its national economic fund, real estate, education, or healthcare. Regardless of what country you choose for your dual citizenship, access to visa-free travel and emerging markets will be open for you, your family, and your business partners.
What Are the Benefits of Getting Dual Citizenship via Investment Programs?
Suppose you are considering obtaining second citizenship by investment but are not 100% sure whether it is the right decision and money investment. In that case, you should look at the main benefits for you and your family.
Easy traveling
When it was the time of the COVID-19 pandemia, many citizens of the US were denied travel to foreign countries. The entire world was closed entirely. Thanks to dual citizenship, you could find an easy way out. By investing in your second passport, you invest in visa-free travel opportunities.
Dual citizenship is the most brilliant answer to solve your issue if you suffer from a specific travel ban. For example, citizens of Israel have no right to travel to the Middle East, so by getting second passports, many citizens of Israel can continue doing business in Qatar or other countries in the Middle East.
If you decide to invest in citizenship in Saint Kitts and Nevis, you get unlimited access to Brazil automatically. It is an excellent business opportunity for citizens of Australia or the US who need to apply for visas, and the process is time-consuming.
Secured privileges of residents
When you get the second passport and citizenship, you get another obvious benefit: residence in the chosen country. Many people dream of retiring in the Caribbean. If this is your case, consider obtaining citizenship by investment in Saint Kitts and Nevis and Dominica islands. These countries offer one of the best citizenship programs, which can make your retirement period the most comfortable, wealthy, and enjoyable.
As soon as you are granted citizenship in the country of your dream, you are free to live there whenever you want. All administrative issues and visas do not concern you anymore.
By investing in the second passport, you guarantee to have peace of mind. You will never be rejected in getting a visa or entry dismissed because you are a citizen of this country, and you can go there when you want.
A person can get a passport and citizenship investment program for $100,000. It is an approximate price for Caribbean countries, such as Saint Lucia, Dominica, and Antigua and Barbuda.
It is a matter of budget and personal choice. Most people choose Saint Kitts and Nevis, Portugal, Antigua and Barbuda as they are affordable and can offer an investment program with unique opportunities.
If you want the fastest and the most straightforward experience, you should consider Caribbean countries for your future citizenship.