buying citizenship with bitcoin, Dominica, St Lucia, Cyprus exempt personal income tax on non-resident citizens from foreign income. All CBI countries except St Kitts require taking Oath of Allegiance in front of Notary Public, Justice of Peace or Commissioner of Oaths. For Vanuatu, you can take Oath in Vanuatu or infront of passport or immigration officer, who can visit you for additional fee. Collecting proper documents is a tedious job for citizenship consultants. We ask our clients to start 2 months in advance to prepare all the paperwork.
One of the countries with a golden visa program, Portugal grants citizenship to your entire family with either a capital transfer, property acquisition, or starting a business. The least expensive option is to donate 200,000 euros to an artistic production in a low population area. Portugal is also one of the least expensive western European countries and a single person can get by for less than $2,000 a month. With citizenship by investment schemes , if you come from a country where dual citizenship is not allowed (eg. India, China, GCC countries), we ask you seek legal advice in your country.
- For visa-free travel or tax savings, programs of the Caribbean countries and Vanuatu or the European Union are better suited.
- “A second passport is essentially an insurance policy in the form of citizenship.
- Dependent siblings of the main applicant or spouse can also be included when applying for citizenship in Dominica provided they are younger than 25.
You can buy limited shares starting from $200,000 and fully deeded properties cost more. Italy does not offer a path to residency or citizenship via the purchase of a property. To get an Italian Golden Visa , you have to actually invest in a company or make a donation. You can get a Greek Golden Visa by purchasing real estate worth at least €250,000 or another type of investment. Although there is no required minimum stay to renew the visa, if you want to acquire citizenship, you have to live in Greece for seven years. You will receive a European Golden Visa if you purchase a property or make a large investment in a European country.
Who can benefit from US citizenship?
After all, the BBC says it’s no longer James Bond and Jason Bourne carrying multiple passports, but successful economic citizens. The least expensive option is a $100,000 donation to the country’s National Development Fund. Alternatively, applicants can donate $150,000 to the University of the West Indies.
To get Citizenship by Investment in Cyprus , you must make an investment of €2 million. You must also make an additional donation of €75,000 to the Cyprio Research and Development fund and a €75,000 to the Land Development Organisation, for a total of €2,150,000. You can only receive citizenship in Belgium after five years of residency. To be eligible for a Belgian Golden Visa, you have to create a company and invest €350,000 – €500,000 for a period of five years.
In only three to four months, you can become a citizen of this island paradise that gives you visa-free access to 146 destinations. Investment options come in the form of government bonds or direct donations and run from $100,000-$3.5 million. Several countries provide a route to citizenship in exchange for a qualifying real estate investment, including Portugal, Turkey, and Greece. It has a fast-track application option, enabling investors to get a passport in days. This is best answered based on safety and reputation of the country.
Citizenship by Investment (CBI)
Economic citizenship is essentially the same thing as citizenship by investment. It’s a way to obtain second citizenship and a passport in another country by investing in its economy. Once you’ve determined all of these factors, you can select a program that will be most aligned with your requirements and goals. Proper planning and research, paired with a skilled advisor, is the best way to get the most out of citizenship by investment. Ireland Immigrant Investor Programme applicants can discount up to €50,000 from the minimum required investment to offset qualifying educational expenses incident to attendance at an Irish institute of higher education.
Malta: €738,000 to €888,000 investment required
Antigua requires an applicant to swear an oath of allegiance either in A&B; or at an official A&B; locations around the world (e.g. embassy or consulate office). St Lucia – Enterprise investment of USD 3,500,000 in business projects. You get 60% of room nightly fee as an investor as rental returns. We have developed a free online comparison price tool for various CBI schemes. This is easy you can take oath at consulates infront of the passport officer who can visit you for additional fee. No, you can collect CBI passport from your agent or at the consulate in your country.Some countries require Oath which also can be done at consulate.
In both instances, the investor is not required to live full-time in the country in which they have invested. It becomes possible to apply for Australian citizenship after obtaining an investor visa in return for investment, subject to subsequent residence in a country with a permanent residence permit status during a year. Company’s lawyers will analyze your goals and will help to determine the most suitable investment option to meet your requirements. Turkey offers a relatively new program known as Turkish Citizenship by Investment . Investors are required to purchase real estate worth at least US$400,000 and hold it for 3 years or deposit US$500,000 in a bank in Turkey for a period of 3 years.
Turkey is not only one of the most popular destinations for second citizenship, but it also has a very appealing real estate market with a high rate of return. The wide range of options for luxury and affordable, new construction, off-plan, renovated apartments and villas, and resale homes in Turkey is one of the main factors driving foreigners’ interest in purchasing real estate there. A person has to be a legal resident while starting the application procedure. Therefore get your residence permit as soon as you’ve made your investment for a Turkish passport. No wonder this is the fastest residence process throughout the world. Another route to getting Turkish nationality by investment is by creating jobs for at least 50 Turkish people.