4 Best Countries For Second Citizenship

Second Citizenship

If your home country allows dual nationality, you can acquire second citizenship without giving up the first nationality. Many people have seen the tremendous benefits that a second passport can provide. This is partly due to the effects of globalization and the desire to live and move freely around the world. Obtaining citizenship through investment refers to a specific method of obtaining second citizenship. In other words, the applicant has the right to obtain citizenship by investing a certain amount of money. The capital of the host country. According to the specific requirements of the country, this “investment” can take the form of grants, real estate investments, government bonds, or other approved options.

The following is a rundown of the main 4 nations on the planet with the best citizenship by investment openings.

  1. Nevis and St. Kitts

The Caribbean states of Nevis and St. Kitts provided the original and oldest citizenship through the 1984 investment plan. They are often referred to as “platinum” citizenship programs in the region. After obtaining citizenship, you will get a good second passport that allows you to enter 131 countries/regions including the United Kingdom, the European Union, and Russia without a visa, but unfortunately, they lost entry to Canada in 2014 Visa-free treatment. If you have a good reason, the plan also offers an expedited option that is approved within 60 days. Therefore, if your time is limited, this plan is a good choice for you.

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 The plan is relatively simple: you either need to contribute to the National Development Fund or purchase approved real estate. The plan is currently under discussion, because many new and highly competitive options have emerged in recent years, but it does meet many needs, and the plan has proven itself. For many people, this is a simple, reliable, and useful choice. Choosing Passport Nevis St. Kitts and Nevis will not disappoint you.

2. Dominica

Another popular option in the Caribbean is the Dominican Citizenship by Investment Program, which is known as one of the most affordable options on the market, offering many benefits of the more well-known programs at a lower cost, as well as some unique benefits. Although the Dominican passport is not as popular as its close relatives, the Nevis and St. Kitts passports, it is still very decent and offers visa-free access to 122 countries, including the Schengen Area, the United Kingdom, and Russia. Dominica offers two ways to obtain economic citizenship; through real estate investment or through your gift choice.

The Dominican Citizenship by Investment Program is one of the best budget options. In addition, a passport meets the basic requirements most people seek. You obtain economic citizenship through real estate investment (no direct donation), then Dominica is definitely recommended. However, if this is not the point, there may be other better options for the same price.

3. St. Lucia

The Saint Lucia Citizenship by Investment Program started in 2016. It is not as well-known as its two care projects in the Caribbean; Nevis, St. Kitts, and Dominica, but it is now considered by many to be one of the most affordable citizens on the market. The Saint Lucia Pass is also a very valuable addition to your portfolio. This allows you to enter 123 countries without a visa. Including the Schengen Area and the United Kingdom, it is equivalent to a Dominica passport. However, this is not applicable to Russia.

4. Vanuatu

Vanuatu is a small archipelago about 1,000 miles east of Australia, providing a good choice for more popular and well-known projects in the Caribbean. The Vanuatu citizenship by investment plan should be the fastest plan—it only takes 45 days. Upon completion, you will receive a Vanuatan passport that allows you to enter 116 countries/regions visa-free, including some key business countries/regions such as the United Kingdom, the whole of Europe, Russia, Hong Kong, and Singapore.

Vanuatu may be suitable for some people, especially those eager to obtain new citizenship. For those who need to travel frequently to Russia and Europe, but not most of the Americas, this is also good. It has good potential as a tax-free accommodation option.