Top 6 Countries Citizenship by Investment Programs

Citizenship by investment has several advantages, including increased global mobility, profitable possibilities, enhanced standard of living, and better security. Yet, the process of acquiring citizenship through investment programs may be tedious and commonly has a long timeline.

To naturalize( gain citizenship) in any country, you must be a resident of that country for at least 5 years. though, you can speed up- track this process by investing in the country, generally as a fundraiser to the government or by buying a house or other real estate in the country.

This process is known as citizenship by investment and is only offered by countable countries. Other countries offer quick-tracked residency by investment or “ golden visa ” programs that give instant residency in the country, followed by accelerated citizenship.

Let’s take a look at the top 6 countries by investment citizenship

1. ST. Kitts And Nevis

Kitts and Nevis offer the cheapest citizenship by investment in the Caribbean with formal facilities. Citizenship-by-investment programs attract a number of high-net-worth individuals in developing nations, looking to add another passport to their investment portfolio.

Another passport provides primary mobility along with visa-free trip freedom. The process includes the candidate, who must be a minimum of 18 years old, and meet all application conditions. and so choosing one of the two available investment options.

Investment options

Benefits

Some advantages of St. Kitts and Nevis citizenship include a short processing time of 3 to 6 months, no minimum stay condition, and access to 157 Destinations containing the UK, Russia, Singapore, Hong Kong, and other European countries in the Schengen visa.

Why St. Kitts and Nevis for investment?

Kitts and Nevis is an Independent Commonwealth of Nations nation. The islands were the first home of English and French colonials, earning them the name of the “ Mother Colony of the West Indies. ”

It’s also the smallest sovereign nation in the Western Hemisphere – in both size and population – with only around 100,000 residents.

A citizenship-by-investment program, also called economic citizenship, requires investors to form a significant donation or investment in a country’s economy in exchange for citizenship.

Application For Citizenship Process

Conditions For Dual Citizenship

Candidates are usually needed to

2. St. Lucia

Lucia is a largely- estimable option when it comes to carrying a second passport in the Caribbean region, but it also offers lots of investment routes that you can take to acquire its passport.

Lucia offers one of the smallest points of investment if you’re a solo candidate.
Plus, in the few short years that it’s been in operation, the. St. Lucia’s citizenship by investment program has earned a solid character. Some might even say it’s more of a ‘Western’ passport.

At just $100,000 (plus executive freights), you could get access to over 145 countries visa-free, get all of the tropical benefits, and enjoy your St. Lucian passport for the rest of your life.

Citizenship By Investment

Why ST. LUCIA is the best option for investment?

It’s a safe and stable country St. Lucia could be a member of the UN, CARICOM (Caribbean Community), and colorful other Caribbean- grounded unions.

It uses the Eastern Caribbean Dollar( XCD) that has been pegged to the US dollar for over four decades. St. Lucia’s well-educated society furthers its high ethics.

The island paradise that’s St, Lucia gained its independence from the UK back in 1979 but remains part of the Commonwealth. You can come to St. Lucian citizen without ever setting foot in the country – the country offers a high standard of living.

The crime rates are really low and there’s access to ultramodern healthcare and infrastructure. As an added bonus, there are a few top diners that cater to St. Lucia’s perceptive crowd.

Its main geographic features – the two Piton mountains – are the island’s most famous landmarks and have even been declared a UNESCO World Heritage Site. there’s also a drive-in volcano, rainforests, national parks, botanical gardens, and of course, the beaches.

Benefits of St Lucia Citizenship

Process of Application For Citizenship

Conditions For St. Lucia Citizenship

3. Dominica

Nature Island, Dominica is known for its unspoiled natural beauty. Its standard of living is kind of high, especially when compared to other countries in the region.

Dominica welcomes over 800,000 tourists every time, maximum of whom are day- travelers that visit the island as a part of their cruise trip. travelers love the beaches, the mountains, and the luxury-dripping resorts. Owning Dominica citizenship will give you time-round access to the pristine miracles.

Citizenship by Investment in Dominica

Citizenship by investment, also called economic citizenship, is a program that’s run by a civil government whereby investors can, basically, fairly and legitimately get themselves a passport.

As the Dominica citizenship by investment program generates almost half of the country’s profit, the country continues to introduce diverse programs to usher in new investors.

Their newest Dominica citizenship by investment program is meant to bring jobs, entrepreneurs, and businesses to Dominica. It’s a touch bit of a slower process and requires some time spent in the country, but it’s a much cheaper option at $50,000.

Why DOMINICA is best for 2nd Citizenship?

Dominica itself is understood as the “ Nature Island of the Caribbean, ” Dominica is arguably one of the most beautiful islands in the Caribbean.

Located between the French overseas territories of Guadeloupe and Martinique, the island has many rivers and waterfalls, green mountains, and pleasurable ocean views( despite a limited number of beaches).

With rainforests filled with rare plants, animals, and birds, and opportunities to snorkel and dive to shipwrecks and aquatic hot springs, it’s no phenomenon that Dominica may be a growing ecotourism destination. Dominica also has the advantage of being an independent country.

Advantages of Dominica Citizenship

‘ Fast ’ citizenship. You don’t have to pass history or language examinations or have an interview in order to attain a Dominican passport.

It’s the foremost affordable. However, also Dominica is simply the ticket. If you’re a solo candidate trying to find a great second passport. It’s tied for the most cost-effective CBI program in the world, provided you go the donation route.

No duty on your global income. However, your income won’t be tested, If you don’t live within the country. In other words, if you aren’t a resident, Dominica’s officials won’t come after your income. Citizenship is often inherited. You and your children can expire Dominican citizenship to your children. It is often your legacy.

You’ll be a citizen of Dominica for life. Once you obtain your Dominica passport, you will be a citizen of this country for life. Your citizenship has no expiry date. Dual citizenship is allowed. you will enjoy a Dominica passport and remain a citizen of another country or country.

Together with your Dominica citizenship, you will get the capability to vote and buy property, also as the possibility to live and work in Dominica. Bring the family. Your dependent children under the age of 30 are constantly added to your Dominica citizenship by investment application. you will also add dependent parents and grandparents over the age of 55.

A decent network of embassies. Dominica maintains 17 embassies and consulate generals around the world, 14 of which are located in North America and Europe. the contrary three are located in Morocco, India, and China.

The procedure for Dominica Citizenship Application

Conditions For Dominica Citizenship

4. Grenada

A luscious Caribbean island state, Grenada is understood for its vast stretches of white-sand beaches, pristine rainforests, and spice exports. For years, Grenada and its luxurious resorts are attracting large- net- worth individualities; top-notch sailing opportunities and its crystal shores have offered many a relaxing getaway.

Grenada is also known for being a coastal haven and for giving its Grenada citizenship by investment (CBI) program for those who want to gain another passport.

Why is Grenada the best option for Citizenship by Investment?

Grenada may be a country in the Caribbean that’s also known as the ‘ Island of Spice. ’ The second-largest exporter of nutmeg within the world, this country has a number of the most immaculate natural climates in the world.

First, although its population of 18,449 as of June 2022 is somewhat small, it’s a youthful and dynamic one. The median age is simply 32 years, and thus the population is highly educated too.

Alternatively, although its history is turbulent and colonial (the Spaniards, French, and British all fought for Grenada), its current international standing is solid. it’s part of the Commonwealth, the UN, and accordingly the Caricom – the Caribbean Community organization.

Third, it’s got a positive locale, which doesn’t just mean balmy temperatures of 80’F and above cycle-round. It also means Grenada sits just outside of the hurricane belt; for the utmost part, tropical storms pass it by.

Citizenship By Investment in Grenada

A Citizenship By Investment program is another term for profitable citizenship. It’s when a country’s government decides it wants to draw in foreign investment by dealing with its citizenship.

That’s either because it’s no other way to raise finances or it finds itself under an unforeseen economic strain, as an illustration, after a recent natural disaster.

Generally, a possible investor will have to negotiate one or many of the following conduct:

Benefits of Dominica Citizenship

Visa-free visit 135 countries. All of Europe’s Schengen Area, the UK, Ireland, some Balkan countries, and many of Latin America are accessible to you visa-free with Grenada CBI.

Visa-free visit to China and Russia. However, Grenada could be a great investment saving you lots of hassle and time in the long run, If you’re doing business in Russia or China frequently.
E-2 visa treaty. The investor visa to us is accessible to all Grenadian citizens, making Grenada the sole CBI program in the Caribbean to have this feature.

Speedy processing. the govt has worked hard to reuse applications as fast as it can by introducing a pre-check step in the application process. The Grenada CBI program is not the fastest CBI in the world, but it is assured is one of the quickest in the Caribbean region.

You won’t have to pay for your investment until after you’re approved for Grenada’s citizenship. Your Grenada citizenship will be passed on to your children and their children. produce a heritage that lasts many continuances.

Grenadian citizenship is for life; you’ll have the right to live and work in the country for as long as you want. Grenada recognizes dual citizenship, so you can also be a dual citizen – there are no restrictions on that.

The application process is straightforward and you won’t be made to jump through any unreasonable loops. The Grenada passport conditions don’t include any language knowledge.

From document submission to carrying your passport, the entire process is completely digital. You won’t need to travel to Grenada for any part of the application. The main applicant can add his entire family members under one application. The Grenada CBI program is the only CBI program to accept siblings.

The Citizenship Application Process

Requirements for Grenada Citizenship by Investment

5. Vanuatu

Vanuatu is an independent republic with three official languages Bislama, English, and French. Part of the chain of Melanesian islands lying to the northeast of Australia, its capital, Port Vila, is only three and a half hours flying time from Sydney.

Today, Vanuatu is a republic with a non-executive presidency. The President is elected by Parliament together with the Presidents of the regional councils and serves a five-year term.

Why you should choose Vanuatu?

Vanuatu has taken its position and made it its topmost asset. The country is consistently rated as the “ Happiest Country on Earth” – probably having to do with two effects its out-the-radar position that lets you escape all the world’s troubles, as well as its pristine nature.

Vanuatu’s population of roughly 300,000 citizens live in a country with extremely clean air, water, and food – those will be some of the hottest goods of the future.

Vanuatu has a really youthful workforce, with the median age being just 21.5 there’s tons of potential there. It’s also part of the Commonwealth, which means Vanuatu’s citizens get extra rights in the UK due to historical ties.

Its official language is English, French, and Bislama, but the really interesting fact is that Vanuatu has the highest viscosity of languages per capita in the world with over 100 native languages and dialects spoken across Vanuatu’s islands.

Vanuatu’s climate is tropical, three-quarters of the time, the weather is hot and humid. The paradisiacal setting also means tropical storms are frequent, and its volcanic origin means the archipelago also suffers from earthquakes. However, the islands are well-prepared for these acts of nature.

Acquiring Vanuata Citizenship By Investment

Vanuatu’s citizenship by investment program is one of the hardest ones out there to get accurate information about. This is where that comes into play. What we do know is that the Vanuatu Citizenship Office has issued more than 4,000 passports to foreign investors, which is a huge number.

It sure is a successful CBI:

Benefits of Vanuatu Citizenship

The biggest pro of Vanuatu CBI is the speed. The streamlined process takes only 8 weeks – from the lodging of your application to hold your new passport. You can’t beat that.

Unlike other authorities, you’ll only have to pay the full investment price after you get pre-approved for a passport from Vanuatu, making it a less perilous proposition.

Vanuatu is one of the most remote countries, far removed from the world’s troubles and worries. It’s also a politically neutral country that promises complete anonymity, so you can fly off the radar.

Increase your global mobility and access to countries like the UK, Ireland, Russia, Hong Kong, and all of the Schengen Area with the Vanuatu passports visa-free trip countries. Vanuatu is also a Commonwealth country, offering easier access to countries like Canada and Australia.

Become a tax resident of Vanuatu and take advantage of its favorable tax governance; no income tax, no inheritance or capital gains tax, and more. Vanuatu is also internationally business-friendly.

The main applicant can add a partner, all of their dependent children, and even their parents to the application for Vanuatu CBI.

Visiting or living in Vanuatu? It’s been rated as the Happiest Place in the World for over a decade now, offering a great life.

Application Process of Vanuata

6. Malta

The Malta citizenship by investment program, also known as Naturalization for Exceptional Services by Direct Investment, has most recently been updated in November 2020.

Malta, a small but absolutely attractive Mediterranean island, offers people an opportunity to travel the world and operate under financially liberal laws.

As a country with a population of,355 people, a dynamic and distinctive culture, and tasteful cookery, Malta covers a span of only 316 square kilometers, making it one of the smallest countries in the world in a great position.

Why you should Choose Malta?

Malta has one of Europe’s highest GDPs and the lowest unemployment rates. It’s also one of Europe’s safest countries. It provides citizenship in a largely livable area of the world with easy access to the rest of Europe. That sure is an attractive option for people looking for a top-league passport.

Malta offers the quality of life of an advanced European country, European Union citizenship, and the proximity to numerous instigative locations. Plus, its passport is one of the strongest in the world, meaning you wouldn’t have to compromise on passport honors.

Second passports are great for numerous reasons, but one of the issues that you need to consider is whether you actually would want to live in your new country of citizenship if push came to shove.

Eligibility for the Malta Citizenship by Investment

The Malta citizenship by investment program is governed by the Community Malta Agency. The main candidate must meet the following qualifying conditions, according to this civil government agency.

Benefits of Malta Citizenship

The Malta citizenship by investment program provides applicants with all of the honors of a European passport and more.

Malta is also part of the Schengen Area, which means that there are no visas or passport checks for traveling throughout the European Schengen Zone.

The Maltese passport is one of the strongest passports in the world. It allows visa-free trips to 183 countries across the world in addition to freedom of movement and visa-free trips inside Europe.

Another notable benefit of the Malta citizenship by investment is how speedy the program’s process is. You can gain citizenship in 12 to 36 months.

Under the new Maltese Citizenship by Naturalization for Exceptional Services by Direct Investment program, you and your family will take a European passport if you’re granted Maltese citizenship.

It’s worth noting that there’s an additional donation fee for every dependent taking citizenship with the main applicant. Also, note that children born to Maltese citizens automatically receive citizenship. Therefore, your children and grandchildren will have Malta citizenship for the rest of their lives.

Malta’s tax system is based on residency rather than citizenship. Therefore, you may not have to pay taxes in Malta even if you get citizenship. Malta has extremely profitable tax exposure and also offers unique duty plans for new residents that might help them save plutocrats on levies.

Requirement of Malta Citizenship

You must contribute to the Maltese government-run National Development Fund and a Maltese government Social Fund when you apply for the Malta citizenship by investment program.

If you have been in the nation for 36 months, you must give €600,000, and if you have lived here for 12 months, you must contribute €750,000. For each extra dependent, the cost is an additional €50,000.

Conclusions:

Apart from the top 6 countries mentioned here, you can apply for citizenship through investment programs in numerous other countries. You can also apply for golden visa programs such as the golden visa UAE.

The cost of the golden visa differs by country but it offers all the occupancy benefits immediately including the capability to live and work in the country and access to numerous other countries.