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Posted by admin on March 15, 2023

Citizenship by investment

High-net-worth individuals can participate in investment programs to obtain a second passport. We will analyze why you need a second passport, where and how to apply for it.

$100,000+

Investment amount

1+ months

Passport obtaining period

3+ years

Return of the investment

Europe

Country

Malta

Investment

€ 690,000+

Time required

14 months or 3 Years

Benefits

  • Visa-free entry to the United States and simplified entry to the UK
  • Ability to live, study, and work in any EU country
  • EU passport in 14 months with confirmation of connection with Malta

 

Learn More ->

Middle East

Country

Turkey

Investment

$400,000+

Time required

6—8 months

Benefits

  • Visa-free entry to Singapore and Hong Kong
  • Opportunity to obtain a US E-2 business visa

Learn More ->

Country

Egypt

Investment

$250,000+

Time required

6+ months

Benefits

  • Creating a safe haven
  • Е-2 business visa to the USA
  • Bank account in Egypt

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Oceania

Country

Vanuatu

Investment

$130,000+

Time required

1-2 months

Benefits

  • Obtain a residence permit to study in the EU under a simplified procedure
  • The fastest citizenship program in the world, passport processed in just 1 month

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Caribbean

Country

St Kitts and Nevis

Investment

$250,000+

Time required

6+ months

Benefits

  • Visa-free entry to the Schengen countries, the UK
  • Simplified procedure for residence permit to study in the EU
  • Possibility to become a tax resident and pay 0% personal income tax

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Country

Grenada

Investment

$150,000+

Time required

4-6 months

Benefits

  • Visa-free entry to the Schengen countries, Britain, and China
  • Eligibility for US E-2 business visa

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Country

St Lucia

Investment

$100,000+

Time required

3-4 months

Benefits

  • Visa-free entry to the Schengen countries and the UK
  • Obtain a residence permit to study in the EU under a simplified procedure

Learn More ->

Country

Antigua & Barbuda

Investment

$100,000+

Time required

4-6 months

Benefits

  • Visa-free entry to the Schengen countries and the UK
  • Obtain a residence permit to study in the EU under a simplified procedure
  • Favorable conditions for families

Learn More ->

Country

Dominica

Investment

$100,000+

Time required

2–6 months

Benefits

  • Visa-free entry to the Schengen countries and China
  • Obtain a residence permit to study in the EU under a simplified procedure
  • Favorable conditions for families

Learn More ->

Benefits of second citizenship for investors

Cosmopolitans with dual citizenship get access to various features:

 

  • travelling the world visa-free;
  • preparing a plan B;
  • moving abroad;
  • providing a better quality of life, education and healthcare to a family;
  • reducing the tax burden;
  • developing business internationally.
Travelling the world visa-free. A dual citizen can use either of their passports to travel to the desired destination with simplified or no visa requirements. Caribbean passports offer 145 or more visa-free destinations, and EU passports open travel without visas to 175–190 countries.
 

Preparing a plan B. With a second citizenship, cosmopolitans can secure personal and financial safety. They can buy real estate, open a bank account abroad in advance, and keep a financial airbag there. In case of danger or emergency in the country of residence, investors can quickly go to a safe place without wasting time obtaining a visa, looking for housing or transferring money.

 
Moving abroad. An investor with a second passport can move abroad. Often, an investment passport opens several options for relocation. For instance, a Grenada passport allows one to move to this country, any other Eastern Caribbean state or the United States by obtaining an E-2 visa. A Malta passport allows its holder to immigrate not only to this county but to any EU state.
 
Providing a better quality of life, education and healthcare to a family. Dual citizens can choose which country of citizenship they live, work, study, and get medical treatment in.
 
Reducing the tax burden. Multiple citizenships provide its holder with an option to cut their tax payments. The person can pick the country with a more beneficial taxation regime to become a tax resident or register a company. Some countries don’t oblige their citizens to pay income taxes or taxes on wealth, inheritance or gifts, and others are a tax haven for businesses.
 
Developing business internationally. Second citizenship helps register a business abroad, open a corporate bank account, avoid currency control restrictions and expedite money transfers. Some jurisdictions also do not reveal beneficiaries’ personal data, protecting the investor’s privacy.

Benefits of second citizenship for investors

Cosmopolitans with dual citizenship get access to various features:

 

  • travelling the world visa-free;
  • preparing a plan B;
  • moving abroad;
  • providing a better quality of life, education and healthcare to a family;
  • reducing the tax burden;
  • developing business internationally.
Travelling the world visa-free. A dual citizen can use either of their passports to travel to the desired destination with simplified or no visa requirements. Caribbean passports offer 145 or more visa-free destinations, and EU passports open travel without visas to 175–190 countries.
 

Preparing a plan B. With a second citizenship, cosmopolitans can secure personal and financial safety. They can buy real estate, open a bank account abroad in advance, and keep a financial airbag there. In case of danger or emergency in the country of residence, investors can quickly go to a safe place without wasting time obtaining a visa, looking for housing or transferring money.

 
Moving abroad. An investor with a second passport can move abroad. Often, an investment passport opens several options for relocation. For instance, a Grenada passport allows one to move to this country, any other Eastern Caribbean state or the United States by obtaining an E-2 visa. A Malta passport allows its holder to immigrate not only to this county but to any EU state.
 
Providing a better quality of life, education and healthcare to a family. Dual citizens can choose which country of citizenship they live, work, study, and get medical treatment in.
 
Reducing the tax burden. Multiple citizenships provide its holder with an option to cut their tax payments. The person can pick the country with a more beneficial taxation regime to become a tax resident or register a company. Some countries don’t oblige their citizens to pay income taxes or taxes on wealth, inheritance or gifts, and others are a tax haven for businesses.
 
Developing business internationally. Second citizenship helps register a business abroad, open a corporate bank account, avoid currency control restrictions and expedite money transfers. Some jurisdictions also do not reveal beneficiaries’ personal data, protecting the investor’s privacy.

Individual meeting

 

Help with the choice

Second citizenship helps register a business abroad, open a corporate bank account, avoid currency control restrictions and expedite money transfers. Some jurisdictions also do not reveal beneficiaries’ personal data, protecting the investor’s privacy.

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FAQS

Second citizenship implies that a person has passports from several countries. Meanwhile, there are no bilateral agreements on recognising dual citizenship between the countries, and each state considers a person to be only its citizen.

 

High-net-worth individuals may participate in citizenship investment programs. Second passports allow them to travel abroad visa-free, optimise taxation and provide new opportunities for their families.

Dual citizenship implies that the countries of a person’s citizenship concluded a bilateral agreement. So, the person has a legitimate status of a dual citizen in each country.implies that the countries of a person’s citizenship concluded a bilateral agreement. So, the person has a legitimate status of a dual citizen in each country.

 

Second citizenship implies when there’s no agreement on dual citizenship. Each state considers a person to be only its citizen. 

 

Investors may apply for a second passport in several countries by the purchase of property or by paying a contribution to the country’s economic fund. Second citizenship gives them an opportunity to travel visa-free, move abroad and enjoy some other attractive benefits.

Citizenship by investment programs allow wealthy people to obtain a second passport without residing in the country, learning its language or confirming integration into society. Applicants become citizens in several months and sometimes don’t even need to visit the country.

 

Several countries grant citizenship to investors. Antigua and Barbuda, Dominica, Vanuatu, St Lucia, St Kitts and Nevis, Grenada, Turkey, and Montenegro are among them.

Citizenship by investment programs work in several countries. The Caribbean countries with CIP:

 

  • Antigua and Barbuda;
  • Dominica;
  • Grenada;
  • St Lucia;
  • St Kitts and Nevis.
The fastest citizenship program works in Vanuatu, a Pacific island country. Investors get passports in 1+ months.
 
Turkey and Montenegro also grant nationality by investment. In Malta, investors may obtain citizenship for exceptional services after a year or three of residency.

The benefits of a second passport depend on the country. For example, citizenship in Turkey or Montenegro allows investors to live there and expand their possibilities of travelling around the world.

 

Investors with a Malta passport have wider opportunities: they may reside in Malta or another EU state and get easy access to high-quality education and healthcare.

Three Caribbean countries offer to get a second passport for a minimum of $100,000. These are Dominica, St Lucia and Antigua and Barbuda

 

Considering additional expenses, the Dominica program is the most inexpensive for a single investor, and the Antigua and Barbuda program is for a family of 2–4 people.

The Vanuatu FIU unit can process applications within 1 month: it is the fastest option. The whole procedure from preparing documents to obtaining a passport can take 2—3 months.

In Malta, one can get citizenship by naturalisation for exceptional services by direct investment. Yet, Community Malta Agency conducts the strictest Due Diligence check on each investor, and the minimum term for acquiring citizenship is 14 months.

In the Caribbean, you can obtain a second passport through investment in real estate in Antigua and Barbuda, Dominica, Grenada, St Lucia and St Kitts and Nevis. The minimum investment amount is $200,000.

 

In Europe, only Turkey offers citizenship by property investment of $400,000. In Malta, you can get citizenship by naturalisation for exceptional services by direct investment, and part of the investment can be the real estate purchase for €700,000.

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