Purchase of a Second Passport
Purchase of a Second Passport, According to immigration statistics, the Caribbean, New Zealand, and Malta are among the finest nations to invest in for second citizenship. They all have gorgeous views and a pleasant environment, but they also have a lot more to offer.
Imagine being able to visit over a hundred countries without needing a visa. Countries that you can visit whenever you want and take advantage of their benefits.
We’ll go over some of the countries where you can get dual citizenship through investing in this article. This type of investment will benefit the economy of the country, and the funds will be put to good use. The best aspect is that the processing time is short, so you’ll obtain your passport in as little as 3-6 months, depending on the country.
St. Kitts and Nevis (St. Kitts and Nevis) is a Caribbean
St. Kitts and Nevis has one of the oldest CBI (Citizenship by Investment) programs in the world, and it deserves to be highlighted in this article. It provides investors with a second passport if they invest in St. Kitts’ economy. The candidate can obtain citizenship within 60 days of submitting his or her application.
Applicants can invest in the following categories:
For a single applicant or a family of up to four, a single donation of $150K to the SGF – Sustainable Growth Fund; Purchase of a Second Passport
Purchase $400K in real estate and hold it for at least 5 years;
Purchase a home for $150K and keep it for at least 7 years.
Visa-free travel to 156 countries, tax optimization, affordable St. Kitts golden visa expenses, excellent healthcare, and great education for your children are just a few of the benefits you can enjoy being a resident of St. Kitts and Nevis.
Portugal – Portuguese passport
The next country on the list is Portugal, which offers a golden visa scheme in which participants can invest a certain amount and receive a residency card in exchange. It remains one of the most popular countries for getting second citizenship through investment, allowing you to work, live, and travel freely within the country. Purchase of a Second Passport
One of the key advantages is that Portuguese people can travel to the Schengen Area without a visa.
Portugal is a country rich in opportunities, culture, history, and culinary delights. Who wouldn’t want to be a part of something like that.
The country encourages the use of technology tools and software and seeks to enhance living conditions on a continuous basis. The following are the prerequisites for becoming a citizen of Portugal:
Invest 1 million euros in an approved account.
invest a minimum of 280 thousand euros in real estate renovations.
Invest 400 thousand euros in developing countries.
Make a research donation of 350K Euros.
Contribute a total of 250 thousand euros to art initiatives.
Invest 350 thousand euros in a company to create at least five permanent jobs.
Dominica – Dominican Republic passport
The Dominican Republic’s citizenship-by-investment program is by far the most popular in the Caribbean. It’s one of the most cost-effective programs because it provides a variety of benefits at a reduced price. While acquiring a Dominican passport is not as proactive as obtaining a passport from St. Kitts and Nevis, it does have some advantages.
A real estate investment or a donation might be used to qualify for the passport. Dominica is one of the finest places to invest: Purchase of a Second Passport
A single applicant will receive $200K.
a family of four will receive around $247K.
and a $109K payment to the EDF (Economic Diversification Fund) will be made.