When you think of the best countries for acquiring second citizenship by investment, you need to consider the application processes, cost of application, and the benefits the country has to offer. We have factored all of these into this article, and below are the best countries you can obtain dual citizenship by investment.
Let’s get down to business.
With the citizen by investment St. Lucia program, you can obtain a second citizenship. It takes about three to four months to complete all the processes. St. Lucia is located in the northwest region of Barbados and the south of Martinique, and it rests in the eastern part of the Caribbean Sea. St. Lucia is a beautiful island that’s famous for its mesmerizing beaches and twin peaks, the Pitons.
St. Lucia enjoys benefits from being a member of the Commonwealth, and its citizens enjoy benefits, too, because the island has strong air links to North Africa and Europe.
The St. Lucia Citizenship by Investment Program requires you to contribute to the island’s economy with a minimum of 1000,000 US dollars, and you must be at least 18 years of age to seek citizenship from St. Lucia. Once you make this commitment, your application will undergo an intense check, and if nothing is lacking, you and your entire family will be granted full citizenship.
Other economic commitments you’re allowed to consider include;
Some of the benefits include free movement to the United Kingdom, Hong Kong, Singapore, and Europe’s Schengen Area.
Other benefits include;
St. Kitts and Nevis have the oldest citizenship-by-investment program in the world, and it offers applicants a 60-day investment opportunity to get their applications approved. St. Kitts currently has two investment categories.
The St. Kitts passport is internationally recognized and respected, and as its bearer, you gain access to 156 countries worldwide, including the United Kingdom, Russia, South America, and the European Union.
Malta is located in southern Europe. As a country that has English as its predominant language, Malta boasts excellent business opportunities, a suitable climate, and a friendly tax system. As a citizen by investment applicant, you have to reside physically in Malta for one year, during which your portfolio will be reviewed. Once your application is approved, you get worldwide respectability.
To become a citizen by investment, you must do the following ;
The benefits of Maltese citizenship include freedom of movement within the European Union and Schengen Area and visa-on-arrival or visa-free access to 184 countries.
All it takes for Grenada to grant you citizenship is three months after filing. No personal visits are required, and no residency period during the filing process is needed. And to top it off, you can include siblings, grandparents, parents, children, and spouses in your application. However, you have to pick between the following options to commence your application process.
Acquiring a Grenada passport gives you visa-free or visa-on-arrival access to China, Hong Kong, Singapore, the United Kingdom, Russia, and other countries, including Europe’s Schengen Area. One other key benefit of the Grenada passport is that it serves as a bridge for you to get an American E-2 investor work visa, which grants you access to the United States.
The citizenship investment program for New Zealand has two options.
Whichever one you opt for, you get a refund of your money at the end of the duration. After five years, you can retain your residence and become a full citizen of New Zealand.
New Zealand and Australia are members of the Trans-Tasman agreement that allows freedom of movement within their borders. New Zealand is also negotiating a new trade agreement with the United Kingdom while setting its sights on enforcing an agreement of freedom of movement for the British and New Zealanders alike.
Britain and New Zealand are also members of CANZUK, a new geopolitical union that’s likely to include Australia and Canada. When this agreement is signed, New Zealand citizens can work and live freely in Australia, Canada, and the United Kingdom without visas.
These are five of the best countries where you can acquire a second citizenship. These countries recognize and acknowledge dual citizenship and allow you to carry out businesses and other activities within their shores. If you want to enjoy the benefits of dual citizenship, begin the application process today.