According to a recent YouGov survey, there are several countries where you can buy citizenship. This can be an attractive option for those looking to improve their life circumstances or escape political instability or violence in their home country. For example, Tom Hanks and Rita Wilson recently made headlines when they became honorary Greek citizens and received second passports.
With the coronavirus pandemic restricting travel for US citizens and the power of the US passport on the decline, it’s no surprise that many Americans are investigating how they can buy a second passport, whether it’s to seek shelter in another country or to be able to travel more freely.
Here Are Countries Where You Can Buy Citizenship 2020
9. Vanuatu
Vanuatu is one of those countries. To buy citizenship in Vanuatu, you must make an investment of at least $200,000 into the country. However, there are several benefits to purchasing citizenship in Vanuatu. One of the primary benefits is that you can travel to more than 160 countries without a visa.
You will have access to all of the same benefits as other citizens of Vanuatu, including education and health care. The process for buying citizenship in Vanuatu is relatively simple. However, you will need to provide documentation proving that you have made the required investment. You will also need to provide evidence of your good character. The process usually takes about six months from start to finish.
8. Turkey
Turkey’s Citizenship-by-Investment Program: Several programs allow you to obtain citizenship in Turkey. However, the most common way to get Turkish citizenship is by investment. Several investment programs offer different benefits, but the most common option is the permanent residency program. To qualify for this program, you must invest a minimum of $250,000 in a Turkish business.
Another option is the fast-track citizenship program. This program offers citizenship within two years if you meet all of the requirements. The primary need is to have a valid visa and spend at least eight days in Turkey each year for three years.
If neither of these options is suitable for you, there are several other ways to obtain Turkish citizenship. For example, you can marry a Turkish citizen, be born in Turkey, or be granted citizenship through exceptional circumstances.
7. New Zealand
New Zealand is a country that is located in the southwestern Pacific Ocean. It is made up of two main islands called North Island and South Island. The government has about 4.8 million people, and it is a parliamentary democracy.
There are several ways to obtain citizenship in New Zealand. One way is to be born in the country. Another way is to be granted citizenship by the government. You can also become a citizen if you have a parent who is a citizen of New Zealand. Becoming a citizen in New Zealand by investment is not complicated, but it does require some time and effort. You will need to provide evidence of your identity, your eligibility for citizenship, and your knowledge of the English language. You will also need to pass a background check.
New Zealand has made headlines with wealthy ex-pats like Paypal co-founder Peter Thiel buying their way to citizenship.
6. Austria
Austria is one of the countries where you can buy citizenship in 2022. The process is straightforward, and the country offers several benefits to its new citizens. You will need to invest in a business or real estate in Austria, and you must be able to speak German. However, the process is relatively simple, and you will be able to enjoy all that Austria has to offer.
5. Malta
Malta is an island country located in the Mediterranean Sea and is one of the countries where you can buy citizenship in 2022. The process of acquiring Maltese citizenship is straightforward, and there are several investment options from which to choose. In addition, Malta offers a high level of security and excellent quality of life.
The cost of Maltese citizenship is also very reasonable compared to other European Union (EU) member states. For example, the investment required for Cypriot citizenship is €2 million, while the investment required for Bulgarian citizenship is €1 million. In contrast, the investment needed for Maltese citizenship is only €650,000.
Malta has been a member of the EU since 2004 and is a signatory to the Schengen Agreement. As such, Maltese citizens have visa-free travel to all Schengen Area countries.
4. Portugal
Portugal is one of the countries where you can buy citizenship. The process is relatively straightforward, and the country offers several benefits to new citizens. In addition, Portugal is a member of the European Union, so citizens enjoy all of the benefits of that membership.
Portugal has a strong economy, making it a desirable place to live and work. The cost of citizenship in Portugal varies depending on the investment you make, but it is relatively affordable compared to other countries. You need to participate in the Golden Visa program.
3. Grenada
Grenada is an idyllic island country in the eastern Caribbean Sea that offers citizenship by investment (CBI) through its Citizenship-by-Investment Program. The Grenadian passport is ranked as one of the most powerful passports globally, with visa-free access to over 130 countries.
Two different ways to obtain citizenship, and there are a few ways to qualify for Grenadian citizenship. The main route is to invest at least $350,000 into an approved real estate development project. Other options include making a donation of at least $150,000 to the National Transformation Fund or investing in a government bond for at least $500,000.
Applicants must be physically present in Grenada for five days during the six-month application process and pass a criminal background check. The process usually takes around four months from start to finish.
2. Dominica
The tiny Caribbean island of Dominica offers an investor program that grants citizenship to those who make a significant investment in the island. The application process is straightforward and can be completed in as little as three months. In addition, Dominica is ideal for those looking for a second passport, as the country offers visa-free travel to over 120 countries. The cost of Dominica’s citizenship program is also competitive, with investments starting at just $100,000.
1. Antigua and Barbuda
Antigua and Barbuda are two of the most beautiful Caribbean islands. They offer pristine beaches, crystal-clear waters, and lush vegetation. What’s more, they offer second citizenship to those interested in it.
Obtaining citizenship in Antigua and Barbuda is an easy process. There are no residency requirements, and the entire process can be completed in as little as three months. In addition, Antigua and Barbuda offer several benefits to their citizens, including visa-free travel to over 125 countries.
If you’re interested in obtaining second citizenship, Antigua and Barbuda should be at the top of your list. With their relaxed residency requirements and many benefits, they make a perfect destination for those looking to purchase citizenship.
Source: Forbes
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