In an increasingly globalized world, securing a second citizenship through investment offers unparalleled opportunities. Whether it’s for greater travel freedom, economic stability, or planning for future generations, citizenship by investment (CBI) programs have become a viable option for many. These programs allow us to obtain citizenship in another country by making a qualified investment, often with minimal or no residency requirements.

Exploring the complexities of CBI can be daunting. Every nation has its own set of legal frameworks and investment thresholds. From purchasing real estate to buying government bonds, the options are diverse, and the benefits, substantial. With the right guidance, we can find a program that fits our unique needs, offering not just a passport, but a gateway to a world of new possibilities.

Key Takeaways

  • Citizenship by Investment (CBI) Programs: These programs allow individuals to obtain citizenship in another country by making qualified investments, often with minimal or no residency requirements, providing benefits like increased travel freedom and economic stability.
  • Dominica as an Affordable Option: Dominica’s CBI program is one of the most economical, with a minimum investment of $100,000, either as a government donation or real estate purchase, and is ranked highly in the Citizenship by Investment Program Index.
  • Golden Passport Benefits: Acquiring a “golden passport” through CBI programs offers travel freedom, economic opportunities, and a secure backup plan amidst political or economic instability.
  • Investment Requirements for Popular Countries: Different countries have varied investment thresholds and specific program requirements such as the EB-5 visa for the US requiring substantial investments creating jobs, or Montenegro requiring a €250,000 real estate investment plus a €100,000 government donation.
  • Additional Costs to Consider: Beyond initial investments, applicants should account for processing fees, due diligence fees, passport fees, legal and administrative costs, and potentially large bank deposits required by different CBI programs.

What is the cheapest country to buy citizenship in?

While various countries offer citizenship by investment programs, Dominica is often highlighted as one of the most affordable options.


When it comes to economical citizenship by investment programs, Dominica sits at the top of the list. For a minimum investment of $100,000, you can become a citizen of this Caribbean island nation. This investment can be either a donation to the government or a real estate purchase.

Even though the low price compared to other countries, Dominica’s citizenship by investment program is highly regarded. According to the Citizenship by Investment Program Index, it ranks as the world’s best.

Other affordable options

NTF Option for Investors

The NTF (National Transformation Fund) is a very affordable choice for investors seeking an economical option without any holding period or resale requirement. Families that have a smaller composition can also find this option attractive due to its low cost. This investment route is simple and doesn’t demand a long-term exit strategy, making it ideal for those wanting a straightforward process.

Real Estate Investment in Grenada

For those interested in real estate, Grenada offers a popular investment opportunity through its citizenship by investment program. Requiring a minimum investment of $350,000, applicants can invest in government-approved real estate projects. It’s crucial to choose a project from the updated list provided by the government to ensure application approval. This option slightly edges out the NTF in the number of overall applications but remains highly favored among investors.

St. Kitts & Nevis Citizenship Program

The program in St. Kitts & Nevis stands out for its simplicity, affordability, and swift processing time. Once the citizenship is granted, the passport can be used immediately for travel and renewed remotely upon expiration. The program’s numerous benefits and cost-effectiveness have made it a top choice for high-net-worth individuals and those seeking an accessible route to second citizenship.

What is a golden passport?


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A golden passport is a citizenship acquired through investment in a country’s economy. This type of citizenship offers several benefits, including travel freedom and economic opportunities.

Which Countries Offer Golden Passports?

Several countries around the world offer citizenship by investment programs, leading to golden passports. Some of the most popular options include:

  1. St. Kitts and Nevis: Known for its well-established CBI program with a minimum investment of $150,000.
  2. Dominica: Offers an affordable option with a minimum $100,000 contribution.
  3. Grenada: Requires a $350,000 real estate investment for citizenship.
  4. Cyprus: Known for high investment requirements but with significant benefits.
  5. Malta: Provides EU citizenship for a substantial financial contribution.
  6. Vanuatu: Offers a quick and straightforward route to citizenship.
  7. Turkey: Requires a minimum real estate investment or a $500,000 bank deposit.
  8. Montenegro: Offers various investment paths, particularly in real estate.

Each country has unique requirements and benefits, so we must research and choose the option that best fits our needs and goals.

Why Do People Seek Golden Passports?

Many individuals seek golden passports for various reasons. Some want to expand their business opportunities by accessing multiple countries. Others aim to enjoy the freedom of visa-free travel across the globe. Also, having a golden passport can serve as a backup plan in case of political instability or economic turmoil in our home country.

Golden passports provide benefits beyond basic travel and economic freedom. They also offer the potential for a better quality of life, enhanced security, and educational opportunities for our families. By investing in these programs, we attain more than just a passport; we achieve greater flexibility and future opportunities.

How much do you need to invest in US to get citizenship?

Wondering about the financial requirements for US citizenship? It’s important to understand that the US has no direct citizenship by investment program like other countries. Instead, you can obtain residency through investment, which can eventually lead to citizenship.

EB-5 Immigrant Investor Program

Investing a significant amount in a new commercial enterprise is the main route. Here’s what you need to know:

Investment Amount:

    • Standard Investment: You need to invest $1 million in a new commercial enterprise.
    • Targeted Employment Area (TEA): The required investment is lower, at $500,000, if your enterprise is in a TEA, which includes rural areas or regions with high unemployment rates.

    Job Creation:

      • Create at least 10 full-time jobs for qualified U.S. workers within two years of the investor’s admission to the U.S. as a Conditional Permanent Resident.

      Additional Costs

      Apart from the investment amount, several additional costs exist:

      • Filing Fees: The USCIS charges various fees for processing forms, which can total several thousand dollars.
      • Attorney Fees: Legal representation can cost between $15,000 and $25,000.
      • Due Diligence Fees: Expenses for thorough checks by immigration attorneys or agencies to ensure the investment project complies with USCIS requirements.

      Residency Timeline

      The path to citizenship involves multiple steps:

      • Conditional Green Card: After the initial investment, the investor and their immediate family get a two-year conditional green card.
      • Permanent Green Card: Within 90 days before the two-year mark, you must file for the removal of conditions.
      • Naturalization: You can apply for U.S. citizenship five years after receiving your conditional green card, provided you meet residency, physical presence, and good moral character requirements.

      Understanding these steps and financial commitments helps you plan for obtaining U.S. citizenship through investment.

      Investment Requirements by Country

      Understanding the investment requirements for various citizenship by investment programs is crucial for deciding where to allocate our resources. Let’s explore the specific requirements by country.

      United States

      The United States doesn’t offer a direct citizenship by investment program, but it does have the EB-5 visa program. This program grants permanent residency to investors who create jobs for American workers. The minimum investment required is $900,000 for investments in Targeted Employment Areas (TEAs) or $1.8 million outside of TEAs.


      Although Canada’s Immigrant Investor Program (IIP) has been suspended since 2014, the Quebec Immigrant Investor Program (QIIP) remains available for foreign investors. The QIIP mandates a minimum investment of CAD $1.2 million and is subject to an annual quota of applications.

      United Kingdom

      The United Kingdom offers the Tier 1 Investor visa program, which demands a minimum investment of £2 million. Investors must maintain a UK bank account, and the funds must be invested in UK government bonds, share capital, or loan capital in active and trading UK-registered companies.

      Caribbean Countries

      Several Caribbean nations provide popular citizenship by investment programs. St. Kitts and Nevis, Dominica, Antigua and Barbuda, and Grenada are notable examples. The required investment ranges from $100,000 to $200,000, depending on the chosen country and type of investment.

      Additional Costs to Consider

      While the primary investment amounts for citizenship by investment programs are significant, additional costs can add up quickly. These costs vary by country and program, so it’s important to be aware of them upfront.

      Processing Fees

      Processing fees are often one of the first additional costs investors encounter. For example, under the UWI Fund, families of six may pay $0 in processing fees, but for each additional dependent beyond the sixth, there’s a $15,000 fee. It’s vital for larger families to factor in these processing charges when budgeting for their investment.

      Due Diligence Fees

      Due diligence fees ensure that each applicant undergoes a thorough background check. In many programs, these fees are non-negotiable and must be paid for each applicant. For instance, due diligence fees can run approximately $7,500 for the main applicant and spouse in some programs, with $2,000 per dependent aged 12-17 and $4,000 per dependent aged 18 and over. These background checks can add a considerable amount to the total cost.

      Contribution and Investment Amounts

      Sometimes, the investment amount advertised doesn’t include additional contributions or ancillary fees. For example, the UWI Fund requires a $150,000 contribution, which is inclusive of processing fees for a family of six or more. If opting for investments like the EB-5 in the United States, the required amounts can range from $900,000 to $1.8 million, depending on the project’s location, and additional costs like maintaining at least 10 jobs need to be considered.

      Passport Fees

      Passport fees are another inevitable cost. These fees are generally required for each family member and can add up, especially for larger families. Typically, passport fees are around $300 per person, making it a significant total for a family.

      Legal and Administrative Fees

      Legal and administrative fees can vary widely but are usually unavoidable. These fees cover the legal work and administrative processing required to complete the citizenship application. Consulting with an immigration attorney can provide an accurate estimate of these costs, which often amount to several thousand dollars.

      Bank Deposits

      Although considered an investment, some programs require a sizable bank deposit. For instance, Turkey’s citizenship by investment program requires a $500,000 bank deposit with a minimum hold period of three years, while Egypt offers a similar deposit option for obtaining citizenship. These deposits are refundable but lock up capital for the specified period.

      What is the cheapest European country to get citizenship in?

      When considering citizenship by investment in Europe, cost is often a primary factor. Several countries offer programs with varying financial thresholds and benefits.

      The Cheapest European Country for Citizenship by Investment

      Currently, the most affordable European country for citizenship by investment is Montenegro. Montenegro’s program is both budget-friendly and relatively straightforward. Investors must make a €250,000 investment in a government-approved real estate project and provide a €100,000 donation to the Montenegrin government.

      Though Montenegro isn’t an EU member yet, its pending membership could eventually grant Montenegrin citizens access to the European Union’s extensive benefits, such as visa-free travel within the Schengen Area.

      Other European Countries with Citizenship by Investment Programs

      While Montenegro offers the most economical option, several other European nations provide citizenship by investment opportunities:

      1. Malta: Requires an investment of €690,000.
      2. Portugal: Demands a minimum real estate investment of €280,000.
      3. Bulgaria: Needs an investment of €1 million.
      4. Turkey: Offers a straightforward process with a $250,000 real estate investment.

      It’s crucial to understand that these fees and requirements can change. Consulting a qualified immigration and citizenship consultant before committing to an investment ensures you have the most current and accurate information.

      Factors to Consider When Choosing a Citizenship by Investment Program

      Choosing the right citizenship by investment program requires careful consideration of various factors. We need to evaluate financial requirements, additional costs, and the specific benefits each country offers. It’s essential to stay current with potential changes in fees and regulations by consulting with immigration experts. By thoroughly understanding these elements, we can make informed decisions that align with our financial goals and lifestyle preferences.

      Frequently Asked Questions

      Which is the best citizenship to buy?

      The best citizenship to buy depends on your specific needs, such as visa-free travel options, tax benefits, and quality of life. Countries like Malta and St. Kitts and Nevis are highly regarded for their robust citizenship by investment programs.

      Which country is easiest to get citizenship by investment?

      Antigua and Barbuda offer one of the easiest routes to citizenship by investment. Eligible applicants can obtain citizenship within three to six months by making a minimum investment of $100,000.

      How much do you need to invest in the U.S. to get citizenship?

      To obtain U.S. citizenship through the EB-5 Immigrant Investor Program, you need to invest at least $900,000 in a qualifying project and create 10 full-time jobs for U.S. workers. Additional costs include filing and attorney fees.

      Is citizenship by investment worth it?

      Citizenship by investment can be worth it for those seeking long-term benefits like visa-free travel, better educational opportunities, and dual citizenship. However, it’s crucial to consider the costs and benefits specific to each program.

      What is citizenship by investment?

      Citizenship by investment (CBI) programs allow individuals to acquire a second citizenship or passport by making an economic investment in another country, such as through real estate, business, or government bonds.

      Originally posted 2023-07-27 04:31:09.