Many people would like to have citizenship of a foreign country, which opens up incredible travel opportunities around the world, tax and economic benefits. This situation is mutually beneficial for both countries: you get the coveted second passport and the opportunity to receive income from investments, and the country's economy - a new manufactured product (service) or cash capital and, of course, substantial taxes.
Who benefits from citizenship of another country:
- businessmen to ensure the safety of their assets and diversify their activities;
- investors for income in developed countries;
- Travelers who wish to move freely around the world;
- promising personnel who want to make a good career in a European or other country under a contract;
- wealthy sectors of society, as a guarantee of social and political asylum in the event of the development of hostilities in the territory of primary citizenship.
Full citizenship of the country also allows you to obtain a residence permit. Consider the differences in conditions for the official purchase of a passport in 10 countries.
10. Austria
For two decades, the country has a program for the rapid acquisition of citizenship by wealthy non-residents. Having made significant investments in the economy, after 1-1.5 years, a person can get it even without knowledge of the German language and permanent residence in the territory. What is meant by substantial investment? No more, no less, but as much as 23 million US dollars. And then the authorities guarantee that your citizenship will not be made public - this enshrines the law on the protection of privacy. The opportunity to acquire Austrian citizenship for money has been secured since 1985.
9. Cyprus
A warm and comfortable climate, resort areas and the sea are not the only reasons why people want to officially become citizens of Cyprus. They also have the opportunity to freely move through the territory of the states bound by the Schengen agreement. That is why one of the three largest islands in the Mediterranean is attractive for obtaining a second citizenship, and besides, it can be purchased for money. The country offers to buy real estate with a total value of 6 million euros or more. Moreover, the investment period should be at least three years. Removing money from fixed assets ahead of time can invalidate citizenship. It takes only 3 months to get a passport after all the conditions are met.
8. Dominican Republic
Tourists from all over the world come to a country surrounded by the Caribbean Sea. Cote d'Azur with white sand is the dream of any wealthy businessman who would like to relax from business several times a year without hotel reservations and other conventions. To obtain citizenship, the investor himself and his entire family must pay the state from 100 thousand US dollars (for a family with 2 children - up to 20 thousand from above, and for each additional relative 50 thousand). After receipt of funds, the application can be considered from six months to a year on average, after which a passport is issued, allowing you to safely move through the territories of more than 50 countries without the need for a visa.
7. Bulgaria
Citizenship is obtained by investors who offered the economy about 1 million leva, which is equivalent to 512 thousand euros. Money is invested by purchasing government bonds for a period of 5 years, after which the right of permanent residence is given. A year later, in the status of permanent residence, a person must acquire bonds for the same amount and then will be able to apply for citizenship. In it, he has the right to enter all direct family members (wife, minor children). Bonds are traded on world exchanges, which can also bring substantial income to their holder. Therefore, invested money should in no case be considered lost.
6. Grenada
This country allows, by investing in citizenship, to obtain a second passport not only for themselves, but also for family members. The advantage of registration is the ability to travel around the world without having to open a visa. After making the necessary amount, consideration of the application lasts about 3-4 months, which is much faster than in other countries offering similar conditions.
5. Montenegro
Since 2010, the Government has offered citizenship for investments in a large amount - half a million euros. But at the same time, it was not at all necessary to take an exam for knowledge of the language, as well as permanently reside in the country. Over time, new conditions joined these conditions: a legal source of income, good business reputation, which forced the investor to undergo various checks. Recently, a new program has been developed designed for intensive investment migration and attracting promising personnel from abroad.
4. Latvia
The country has a special Law “On Citizenship” five years ago, which allows a non-resident to acquire a residence permit in exchange for investment in the economy (real estate in the amount of an average of 50 to 100 thousand lats, while the final amount depends on the region). Alternatively, you can invest money in any credit institution (for the amount of about 200 thousand lats), in the fixed capital of any company in the country (from 25 thousand lats). But the number of applications for the acquisition of a residence permit for money is limited - up to 900 per year. After obtaining a residence permit, a person passes a state test for knowledge of the language and history of the country, and also proves the fact of a permanent stay in Latvia for five years.
3. Dominica
In 2016, the conditions for obtaining a second citizenship in this country were simplified. Minimum investment in the economy should be from 100 thousand US dollars in the form of a donation, or about 200 thousand for the acquisition of real estate, which remains at the disposal of a non-resident. In the application, you can specify not only the investor, but also the spouse and children (for dependents and minor children, an additional 20 thousand dollars is paid).
2. Antigua and Barbuda
The pleasant climate of the tropics attracts investors to obtain citizenship in this country. To do this, he needs to invest from 250 thousand dollars in the National Development Fund. As an option, you can purchase a residential property in the amount of 400 thousand. A prerequisite is also a stay in the country at least a week annually. After compliance with the conditions, a passport is issued for 4-6 months. Visa-free access is open to about 129 countries.
1. Malta
Here, a visa-free regime applies to 160 countries, including the Schengen Agreement, the European Union, as well as the States. Since 2013, a project has been considered that allows you to get a second passport for payment to the state in the amount of 650 thousand. You can also specify family members receiving discounts in the application (additionally, you need to add from 18 to 50 thousand). In this case, you are not invited to invest and receive income from money directed to the economy - this is a simple sale of a “crust” for a fabulous amount.
If you look, then most countries offer extremely disadvantageous conditions for acquiring citizenship. Even to many wealthy people and entrepreneurs, such “tariffs” for a long time will seem unbearable. Well, whoever has the opportunity to buy a second passport in another country, he gets the right to freely travel to many countries without opening a visa and other pleasant benefits.