Citizenship for investment: which countries to choose for life and business development?

The relevance of investment migration grows every year due to global economic and political changes in the world. With the help of money investments, a wealthy person can officially become a citizen of the chosen country to live or develop business there. Now there are a lot of programs for investment, helping to get another citizenship.

Features of citizenship for investment

Citizenship for investment is a popular destination for a quick and easy way to get a second passport officially. This became possible due to monetary investments in the economic development, structure and infrastructural facilities of a given country. Such a procedure is prescribed by the state, and the whole process is done legally and strictly regulated by specially authorized bodies (to avoid corruption). This is not an exchange of an old passport: such citizenship allows you to open more prospects, improve the quality of life of your family and get a full sense of security. When choosing the direction of monetary investments, we recommend to study programs for second citizenship: the most inexpensive option territorially – Europe and the Caribbean Islands.

Who can get citizenship for investing in the country?

The advantage of second citizenship programs is that not only the investor is entitled to it. Citizenship is possible for:

• spouse: it is mostly a classic marriage format, although in some cases civil and same-sex marriage is allowed;
• Children – you may have to pay a regulated amount for them (depending on their age);
• custodial parents;
• minor siblings.

Each country sets its own requirements regarding who can apply for citizenship with the investor. When choosing a program, it is worth thinking about whether you want to stay there alone for the first time or transfer the whole family at once.

Where can I buy citizenship?

Getting citizenship is not a cheap pleasure and is available to people with certain financial possibilities.

What kind of citizenship can I buy? If it is needed in a short time, Vanuatu in Oceania will issue a passport in as little as a month for a $130,000 charitable contribution to a government fund. This tropical island on the ocean is a real paradise and a godsend for those who want to escape from the stone jungle and start life with a clean slate. Climate, nature, culture, sights, democratic prices – something that will fall in love at first sight.

The cheapest citizenship for investment can be bought in the Caribbean. The islands attract tourists with snow-white beaches, incredible sea and the opportunity to leave investments in the tourist business. For many investors it is a gold mine, bringing a good income.

A minimum amount must be deposited in the following countries:

• Antigua and Barbuda – $230,000;
• Dominica – $200,000;
• Grenada – $235,000;
• St. Kitts and Nevis – $250,000;
• St. Lucia – $240,000.

Investors on a side note: St. Kitts and Nevis has one of the lowest tax rates for individuals, and there is no tax on capital gains (corporate tax is 10%).

You also get the right to visa-free travel to 161 countries.

Citizenship purchase programs in the Caribbean are notable for the fast processing of documents, so the investor receives a positive response within a couple of months.

Official citizenship for investment in the EU in some countries will be more expensive to buy and to get it in some cases is possible only after several years of residence (family members can be included in the program). There is visa-free travel to Schengen countries and full right to live and work in the EU.

Where is it possible to obtain citizenship? Popular destinations in 2024, where citizenship is realistic to buy for investment in the economy:

• Egypt – from 250,000$;
• Greece – from 250 000 €;
• Austria – from 2 000 000 €;
• Malta – from 600 000 €;
• Jordan – from 750 000$;
• Turkey – from 400,000$ per purchase;
• Hungary – from 250,000€;
• Portugal – from 250,000€;
• Spain – from 500,000€;
• Cyprus – from 300,000€;
• Northern Macedonia – from 200,000$.

The investor chooses the one that suits him according to the amount of investment, as well as economic, social and political criteria.

Buy citizenship for investment: advantages

Second citizenship opens a lot of opportunities to increase profits, improve the level and quality of life. What advantages can be obtained from investing in another country?

1. Good ground for business development. Having access to the business market of another country, you can enlarge the circle of business partners, start new cooperation and expand the geography of your financial influence. Also, doing business in the EU contributes to its scaling and increasing profits.
2. Favorable tax policy. Often in the home country, the growth of taxes becomes a real blow for small and medium-sized businesses. Some countries have a fairly loyal tax rate, which attracts a large number of investors.
3. Safety. Feeling safe in your home country sometimes becomes more difficult due to escalating internal conflicts, unrest, crises or the outbreak of hostilities. With a second passport, it is possible to leave a place where it has become dangerous or difficult to live. This exchange of residence can help to preserve one’s physical and mental health.
4. Travel the world without restrictions. With a second passport, there is no need to apply for an additional visa for traveling or work trips.
5. The investor officially gets the right to buy real estate or live in the chosen country for an unlimited period of time. Also in some cases he/she has the right to vote in elections or even to take an active part in political life.
6. The second citizenship opens prospects in terms of obtaining quality education in leading universities and further employment.
7. Spiritual and cultural development. Traveling around the world allows you to expand your horizons, gain invaluable experience in learning the culture and traditions of another nation, learn the language.

Investments that open the way to second citizenship

Each country has a number of requirements for future investments, and also offers options where to direct money investments.

Buying real estate. Is one of the most popular destinations: the investor is offered to buy real estate at the minimum price of the program. It must be owned for several years and only after some time is it allowed to be put up for sale.

Business investment. Suitable for people with good financial capabilities. This investment involves opening a new business in the country in order to create jobs, replenishing the treasury through constant cash investments.

Investment in infrastructure. It is recommended to invest in infrastructure development projects under the control of the state. These can be all kinds of tourist or cultural attractions, resort areas, hotels, etc.

Donate to a fund or buy bonds (one-time and non-refundable).

Open a deposit in a local bank for the required period of time.

Requirements for a potential investor

Despite the fact that many countries are open to new investors and investments in the economy, there are a number of criteria that are important to adhere to. Without them, obtaining citizenship will be problematic.

1. The investor must be of legal age.
2. Make a minimum amount of investment according to the program.
3. All investments must be legal, which must be confirmed by appropriate documentation.
4. Complete medical examination for the presence of dangerous diseases.
5. Pass a background check for criminal records.
6. There should be no visa denials.
7. Take an oath of allegiance (in certain countries).

Hayat Estate Agency provides clients with a comprehensive approach in the selection of countries for investment, advises on real estate and all the intricacies of registration of second citizenship. More information can be obtained from our managers by phone or by filling out the form on the agency’s website.

We will help to open the world and great opportunities for quality life of the investor and his family, business development through investment.