Top 10 Countries That Give Citizenship in the World
List of Countries That Give Citizenship by Investment Welcome Honeybee watchers. Do you know that getting citizenship across several countries is possible through investment? One of the best ways people secure second passports in other countries is by getting into investment ventures.
They provide lots of advantages for people living in foreign countries, including saving money that they would have spent on taxes.
If you have ever wondered what countries have policies that support getting a second passport through citizenship by investment, we have a list of the 10 best countries to obtain citizenship by investment in 2020.
1. Antigua and Barbuda
Located in the Eastern Caribbean and bordered by the Atlantic Ocean, Antigua and Barbuda is a Commonwealth nation and a member of the United Nations and the OAS (Organization of American States).
The country is one of the cheapest countries in the world to get a second passport. You can obtain an Antigua and Barbuda citizenship if you purchase a government of private property.
This purchase could cost between $200,000 t0 $400,000 for a family. It takes about four months to acquire citizenship in Antigua and Barbuda and when you become a citizen, your citizenship allows you to travel across 132 countries, including Hong Kong, Iran, South Africa, Qatar, Brazil, Singapore, European Union, amongst others.
2. Saint Kitts and Nevis
If you are interested in Saint Kitts and Nevis citizenship by investment, you need to be one of many foreigners who contribute to the nation’s development.
Obtaining your citizenship to Saint Kitts and Nevis comes by making donations to the government or investing in real estate.
This country’s passport is very reputable and held in high regard. It is also one of the cheapest countries with investment citizenship. It has a minimum investment of $150,000, which includes government charges and application processing fees.
If you are a citizen of Saint Kitts and Nevis, you can travel across 100 countries and even enter European Countries and the Caribbean without a visa. It usually takes six months after donation or investment to get your second passport.
3. Saint Lucia
Ever since 2015, Saint Lucia has made it possible for investors to get their second citizenship within a three to a four-month window.
With a fast and easy application process, a person can invest in government bonds with a minimum of $500,000 or make a government donation beginning from $100,000. You can also invest in real estate with an average of $300,000.
With a Saint Lucia citizenship, you can travel to over 132 countries of the world. Truly, Saint Lucia has one of the cheapest citizenship by investment packages.
4. Dominican Republic
Dominica lies between the Atlantic Ocean and the Caribbean Sea. The country drives its economy from tourism, and it also allows investors to gain citizenships based on their investments.
You can get a second passport for the Dominican when you invest in a government bond or the property sector. It takes a six-month period to get Dominican citizenship after investing a minimum of $200,000 in real estate. The Dominican passport offers you visa-free entry to over 100 countries, including Switzerland and Singapore.
5.Grenada
If you are applying for Grenada citizenship, you will find the process very smooth. You can get your citizenship within three months of making your investment and filing.
You don’t even need to visit the country. There are two ways to gain citizenship in Grenada. You can invest $220,000 as a real estate project co-owner for a five-year period.
You can also choose to donate at least $150,000 t0 the country’s National Transformation Fund. If you are part of a family of four, your minimum donation is $200,000.
The great thing about Grenada’s citizenship is that spouses, parents, siblings, and grandparents of the citizenship applicant are included in the application.
If you own Grenada citizenship, you are entitled to visa-on-arrival, or visa-free visits to countries like the United Kingdom, China, Singapore, Hong Kong, or Russia.
6. Cyprus
Cyprus is one of the most populated islands situated east of the Mediterranean Sea, with Israel to the north, and Turkey to the south. It also lies southeast of Greece.
Cyprus has the most famous water wells, a warm climate, and a perfect environment for investment and residency. Cyprus operates a free market economy that hinges mostly on service delivery.
It also has an attractive legal framework, making the international investment very lucrative. The minimum real estate investment to get Cyprus citizenship is €300 thousand.
You should also have a steady annual income of €30,000 from your source(s) of employment. You need to renew your residency permit every two years. Cyprus only grants citizenship to a person when they meet the stipulated economic requirements.
7. Greece
Greece has the longest coastline in the Mediterranean region and sits at the crossroads of Europe, Asia, and Africa. Greece offers you a great opportunity to gain citizenship through several investment options. The country offers one of the most affordable citizenship by investment program in all of Europe.
For a residency in Greece, you need to invest a minimum of €250,000 in real estate. Greece’s residency program has a simple application that takes 40 days after your investment to finalize. If you are an applicant who already lives in Greece, you can apply for citizenship after staying for 7 years.
8.Portugal
Portugal sits on the Iberian Peninsula and is a highly developed country. With agriculture as its primary economic sector, Portugal has a 77% GDP.
It also has other industries that contribute to its economy. Portugal operates a golden visa program that offers residence by investment to attract foreign investments.
To participate in this program, you must prove your income source and undergo criminal records search. Portugal’s main investment option is to invest at least €350,000 into real housing.
If you are opting for this citizenship option, avoid properties in low population areas because the investment threshold will be little.
9. Spain
Spain is the favorite investment location for many people because of its attractive economic citizenship. Real estate investments in Spain are the driving economic sector of the country.
Both people who want to live in Spain with their families and those who want to buy houses for holidays, Spain is an excellent destination.
If you want to gain economic citizenship in Spain, you need to get involved in their real estate golden visa program where you can make a minimum investment of €500,000.
10. Malta
Malta is located in the south of Europe and is an excellent English speaking country with a great climate and lots of business.
Malta also has one of the friendliest tax policies in the whole of Europe. Malta offers both residency and Citizenship by Investment packages.
To apply for Malta citizenship, you must live in the country for at least one year. Malta has one of the strictest screening processes in the world that involves a total review of your portfolio to ensure that you are qualified and have a respectable job.
To earn Malta’s Citizenship by Investment, you need to donate 650,000 euros to a government-owned national development fund, invest 150,000 euros in bonds or stocks belonging to the government.
You should also engage in a 5-year real estate plan for at least 350,000 euros for five years or enter a five-year property lease at 16,000 euros per year.
