We consider Malta the best value option if you are looking for a high-quality European passport.īoth of these passports get an A score on our Sovereign Man Passport Index. Cyprus will require you to fork out over two million dollars for a passport, but Malta will give you citizenship for “just” $880,000. Their passports are of decent quality (they rank between B and B- in the Sovereign Man Passport Index).īut the highest quality passports by investment are from Europe. Lucia as well as Antigua and Barbuda, have recently dropped their prices in order to better compete and attract more economic citizens. So they had to come up with another way to make up the tax revenue. These countries depend on tourism, and with Covid lockdowns, no one is traveling. The Caribbean has five active citizenship by investment programs that will grant you and your family citizenship starting at $110,000 (for singles) and $150,000 (for a family of four).īut some of these citizenships have recently gone on “Covid sale”. That being said, there are several options that offer passports of varying quality. These can range from a couple of hundred thousand dollars to several million dollars.īecause of the steep price, it makes more sense for a lot of people to just acquire residency in a country and let time work for them until naturalization.īut even if economic citizenship is right for you, it still makes sense to first check whether you are eligible for citizenship by ancestry if you need a dual citizenship quickly.
Others require, on top of an outright donation to the government, you make an actual investment in property, financial instruments or businesses within a preselected pool of investment opportunities. Some countries have you make an outright donation to the government in exchange for citizenship. It’s called economic citizenship or citizenship by investment and is a legitimate way to buy a second passport to get dual citizenship. The fastest (but definitely not the cheapest) way to acquire a second passport is through investing money in the country in exchange for a passport. We have recently compiled all the easiest options into a Passport Comparison Sheet that lets you see all the best opportunities at a glance… When the dual citizenship rules are favorable, you’ll want to act quickly before they change.
This is a great option for people who do not want to uproot their lives right away, but want a Plan B for where to live, and a second passport a few years down the road.īut keep in mind that residency (and dual citizenship) opportunities change frequently.Ĭountries generally make it easier for foreigners to establish residency and obtain citizenship when they need money, or talent. But it’s still best to be able to demonstrate strong ties to the country in order to be approved.
In some countries (like Panama), you don’t even need to actually spend significant amounts of time there before you become eligible to apply for dual citizenship. But in Panama, for example, the process is very quick, affordable and easy.Īfter five years, you can apply to become a Panamanian citizen. In the United States, immigration rules make it difficult for foreigners to obtain a Green Card. Some countries make it harder than others for foreigners to obtain residency and citizenship. In most countries around the world you can become eligible for dual citizenship through naturalization by living in a country for long enough.įirst you become a legal resident, and then maintain that residency for a certain number of years (generally at least five years).
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