Antigua is the cheapest citizenship program for families. Dominica and St Lucia are the cheapest citizenship programs for single persons. We will also compare the value of these passports using three different passport ranking indexes. The following list of countries that have official and legal citizen by investment programs. In 2019, there are some 14 citizenship by investment available in the world. Approved Government bonds, Share capital or Investment funds. Approved Business/Enterprise investment. There are number of investment options available under citizenship-by-investment. Exceptions are Malta requires one year residency, Cyprus requires 6 months prior residency. The most important reason why these ‘citizen by investment’ programs gained so much popularity recently, citizenships are approved very fast within 2-3 months without any trip to the country and there are no residency requirements. Opportunity to invest in international real estate markets. 
World class education for children at best universities abroad. Safety, privacy and protection from war, political problems. 
A Plan B option for Asset protection offshore.
Star citizen ship prices free#
Mobility and visa free travel freedom (visa waiver). This prompted a recent proliferation of so-called citizenship-by-investment or economic citizenship programs, which allow high-net-worth people from developing or emerging economy countries to legitimately acquire passports that facilitate international travel in Europe and Schengen Area.Ĭhristian Kalin, Chairman of Henley and Partners says, “A second citizenship is like an insurance policy of the 21st century” Benefits of Economic Citizenship Kitts and Nevis had grown to nearly 25 percent of GDP as of 2013”.Īnother IMF article says Citizenship by investment is a growing phenomenon – The rapid growth of private wealth, especially in emerging market economies, has led to a significant increase in affluent people interested in greater global mobility and fewer travel obstacles posed by visa restrictions, which became increasingly burdensome after the terrorist attacks of September 11, 2001. Inflows to the public sector alone in St. The substantial inflows of funds from these programs have helped boost employment and growth. Recently St Lucia and Vanuatu joined the citizenship by investment market along with Malta and Cyprus in Europe.Īccording to IMF article “Offering citizenship in return for investment has been a “win-win” for some small Caribbean states. St Kitts introduced the first citizenship by investment program in 1984, then Dominica joined in 1993 and it was only in 2014 many more countries joined the CIP club and the market for investment citizenship gained momentum giving rise to a $2 billion dollar industry. Joachim Stern (2011) coined the term jus pecuniaefor acquisition of citizenship through financial contributions and to describe the bureaucratic fees for citizenship applications. The CBI passport market has turned into a $2 billion industry annually along the Golden visa market is valued at $22 billion. 
A second passport provides a greater mobility along with visa free travel freedom. Citizenship-by investment programs attract a number of high net worth individuals in developing nations, looking to add a second passport in their investment portfolio.
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