Dominica
Dominica is a small Caribbean island nation, nestled between Martinique and Guadeloupe. Though most people know about its glorious beaches and hot climate, there’s a lot more to the country to be discovered. To help you learn more about it, we have compiled the most fundamental facts about Dominica. If you find yourself enamored with the island, you may consider becoming a citizen. Dominica’s citizenship by investment program was introduced in 1993 and is one of the world’s longest-running economic citizenship schemes.
Facts
- Capital and largest city.
- Roseau.
- Official language.
- English.
- Government.
- Unitary dominant-party
- parliamentary republic
- Area.
- 751 km2
- Population
- 2018 estimate – 71,625.
- GDP
- 2018 estimate – $688 million.
- Religion
- 94.4% Christianity
- 5.6% Other.
- Currency.
- East Caribbean dollar (XCD).
- Passport .
- Global Rank -34.
- Main Airport.
- Douglas–Charles Airport.
Eligibility
- Must be at least 18 years of age.
- No Interview, education, experience is required.
- Be of outstanding character.
- Hold no criminal record.
- Have excellent health.
- Undergo a strict due diligence process.
- Source of funds must be legal.
- Willing to make the required contribution via one of the following channels.
Non-refundable contribution to the Economic Diversification Fund (EDF) Fund (Starts USD 100,000).
Purchase of real estate in a government approved project worth at least USD $200,000.
Benefits & Privileges
- Global mobility, visa-free travel to 140 countries including Singapore, Hong Kong, Europe and United Kingdom.
- Full residence status — including working/business rights.
- Joining a global community that transcends Dominica’s land borders.
- Citizenship is granted for life and is irrevocable.
- No tax obligation for non-residents
- Dual citizenship is allowed.
Entire family is eligible Including Spouse, dependent children up to 30 years old, parents/grandparents over 55 years of age , and dependent unmarried siblings 25 years and below
Grenada
Grenada, known as the ‘Isle of Spice’ is one of the most magnificent islands in the West Indies. Un-spoilt and exotic, it astounds visitors with its wildly jagged mountain peaks, hidden coves, spice plantations, and lush verdant rainforests. Its beaches are idyllic, with white or golden sand, palm trees, and the delicate aroma of the island’s native spices. In addition to its scenery, Grenada offers culture, fun, and friendliness typical of the authentic Caribbean life – making Grenada the perfect place in which to live, work and do the business. Grenada’s citizenship by investment program was introduced in 2013 and has no restrictions and welcomes foreigners for investment and citizenship.
Facts
- Capital and largest city.
- Saint George’s.
- Official language.
- English.
- Government.
- Unitary two-party parliamentary
- constitutional monarchy
- Area.
- 751 km2
- Population
- 2018 estimate – 111,454
- GDP
- 2019 estimate – $1.801 billion
- Religion
- 86.4% Christianity
- 13.6% Others
- Currency.
- East Caribbean dollar(XCD)
- Passport .
- Global Rank -33
- Main Airport.
- Maurice Bishop International Airport
Eligibility
- No education, experience and interview are required.
- Be of outstanding character.
- Hold no criminal record.
- Have excellent health.
- Undergo a strict due diligence process.
- No requirement to reside in Grenada before or after citizenship is granted.
- Minimal processing fees.
- Must invest in one of the two options below in order to apply for citizenship:
Contribution in National Transformation Fund (Starts USD 150,000)
Real Estate Investment (USD 220,000)
Benefits & Privileges
- Global mobility, visa-free travel to 144 countries, including EU Schengen states, China, United Kingdom, Singapore and Hong Kong.
- Access to China and the option to apply for E-2 USA ‘Investor Visa’ to reside in the United States America.
- Citizenship for life, with the right to live and work/business in the country
- Right to hold dual citizenship
Entire family is eligible Including Spouse, dependent children below 30 years old, elderly parents above 55 years old and dependent siblings 18 years and above.
St. Kitts & Nevis
St Kitts and Nevis is a beautiful twin-island federation in the Caribbean located some 2,000 km to the southeast of Miami. The country is well connected by flights from the US, Europe. The Government of St. Kitts and Nevis has a long running “Citizenship-by-investment” program attracting foreigners, who make a substantial contribution to the development of the country. Investors along with any family members can directly qualify for citizenship through investment, either by making a donation or investment in real estate purchase. The Citizenship-by-Investment Program of St. Christopher (St. Kitts) and Nevis was established in 1984, making it the longest established program of this kind in the world.
Facts
- Capital and largest city.
- Basseterre
- Official language.
- English.
- Government.
- Federal parliamentary
- constitutional monarchy
- Area.
- 261 km2
- Population
- 2018 estimate – 52,441
- GDP
- 2019 estimate – $1.758 billion
- Religion
- 87.6% Christianity
- 12.4% Others
- Currency.
- East Caribbean dollar (XCD)
- Passport .
- Global Rank 24
- Main Airport.
- Robert L. Bradshaw
Eligibility
- No education, experience is required.
- No interview & language requirements.
- Be of outstanding character.
- Hold no criminal record.
- Have excellent health.
- Undergo a strict due diligence process.
- No residency requirement during the process.
- Must invest in one of the two options below in order to apply for citizenship:
Non-refundable contribution under the Sustainable Growth Fund ( Starts USD 150,000)
Designated recoverable Real Estate Investment with a value of at least USD 200,000.
Benefits & Privileges
- Visa-free travel to 155 countries including EU Schengen states, United Kingdom, Switzerland, Russia and Ireland.
- No residency or personal visit to St Kitts is needed.
- Lifetime Citizenship with the all rights in the country.
- Tax-free – no income, inheritance, or wealth tax.
- Dual citizenship benefits.
- Free movement in the CARICOM
- Entire family is eligible Including Spouse, dependent children below 30 years old, elderly parents above 55 years old and dependent siblings 18 years and above.
St. Lucia
Equal parts beauty and mystique, Saint Lucia captivates anyone who sets foot on her coastline. Always evocative, she welcomes visitors with her soothing waves, warm beaches, and hospitable people. The only sovereign nation to be named for a woman, the island personifies adventure and inspiration. Her visitors invariably find themselves reluctant to leave and eager to return. Saint Lucia Citizenship by Investment Program was launched in December 2015 following Act No. 14 of 2015, the Citizenship by Investment Act on 24th August 2015 which facilitates granting of expedited citizenship to foreign investors.
Facts
- Capital and largest city.
- Castries
- Official language.
- English.
- Government.
- Federal parliamentary
- constitutional monarchy
- Area.
- 617 km2
- Population
- 2021 estimate – 184,401
- GDP
- 2020 estimate – $2.480 billion
- Religion
- 90.4% Christianity
- 2.2% Indian
- 7.4% Other
- Currency.
- East Caribbean dollar (CXD)
- Passport .
- Global Rank 31
- Main Airport.
- Hewanorra International Airport
Eligibility
- No education & business experience is required.
- No interview & language requirements.
- No criminal record.
- Have excellent health.
- Successfully pass due diligence checks.
- No requirement to visit St Lucia.
- No residency requirement.
- Confirmed investment sources.
- Must invest in one of the options below in order to apply for citizenship:
Contribution to St. Lucia’s National Economic Fund (starts USD 100,000).
Real Estate Option (starts USD 300,000)
Government Bonds (USD 250,000)
Benefits & Privileges
- Visa-free access to 145 countries, including the EU Schengen countries, United Kingdom and Germany.
- Citizenship for lifetime for family and children with the right to live and work in the country.
- Right to hold dual citizenship.
- No income, inheritance, or wealth tax.
- Entire family is eligible Including Spouse, dependent children above 18 years of age, elderly parents above 65 years of age.
Cheapest citizenship program for single
Vanuatu
The Vanuatu Citizenship by Investment program was launched in 2017 and is the only program in the South Pacific. Also known as the Vanuatu Citizenship Development Support Program (DSP), it is the fastest route to alternative citizenship-by-investment acquisition. Vanuatu is an English/French, speaking British Commonwealth member country. Second citizenship in Vanuatu can also serve to lower your taxes, protect your assets, greater financial privacy, higher returns, and deferred taxes on pensions and life insurance. Vanuatu has the only Citizenship by investment program in the Asia-Pacific Hemisphere. The program offers one of the fastest citizenship programs available for investors. Vanuatu is undoubtedly one of the best citizenship by investment programs due to its speed of processing, relatively low pricing, and with its extensive passport benefits. Vanuatu undoubtedly has the fastest CBI program in the World as of 2020. The Vanuatu Government welcomes investment citizens to The Republic of Vanuatu.
Facts
- Capital and largest city.
- Port Vila
- Official language.
- Bislama, English, French.
- Government.
- Unitary parliamentary republic
- Area.
- 12,189 km2
- Population
- 2020 estimate – 307,815
- GDP
- 2020 estimate – $2.480 billion
- Religion
- 93.3% Christianity
- 6.7% Others
- Currency.
- Vatu (VUV)
- Passport .
- Global Rank 39
- Main Airport.
- Port Vila International
Eligibility
- No education experience.
- No interview & language requirements.
- No criminal record
- Successfully pass due diligence checks.
- Simple and fast application process.
- No need to visit the island during the application process
- No requirement to reside in the country.
- Confirmed investment sources
A non-refundable contribution of USD 130,000 must make an economic contribution to the country’s Development Support Program (DSP) to qualify for the citizenship program of Vanuatu.
Benefits & Privileges
- Visa-free travel to 129 countries -Europe, UK, Russia, Hong Kong and Singapore.
- Visa-free for 6 months stay in the UK.
- Extended Visitor Visa to Australia available up to 12 months.
- Lifetime Citizenship.
- Dual citizenship is permitted.
- Entire family is eligible Including Spouse, dependent children up to 25 years and parents.
- Stable, peaceful country. •Low cost of living.
- A country with tremendous economic growth prospects and investment opportunities.
- Officially, the 4th “Happiest Place in the World”.
Turkey
Turkey welcomes foreign investors to apply for citizenship by investment program. With the recent changes in the legislation, the Turkish Republic started to grant citizenship to individuals who invest in Turkey without a minimum residence requirement. The Turkish citizenship by Investment program was introduced by the government in 2018 and is focused on real estate investments. The program features a straightforward application process, and investors can benefit from rental income and may re-sell their property.
Facts
- Capital and largest city.
- Ankara & Istanbul
- Official language.
- Turkish.
- Government.
- Unitary presidential
- constitutional republic
- Area.
- 783,356 km2
- Population
- 2020 estimate – 83,614,362
- GDP
- 2021 estimate – $794.530 billion
- Religion
- 89.5% Muslim
- 10.5 Others
- Currency.
- Turkish lira (TRY)
- Passport .
- Global Rank 56
- Main Airport.
- Istanbul
Eligibility
- No education experience.
- No interview & language requirements.
- No criminal record
- Successfully pass due diligence checks.
- Fastest citizenship application process.
- No requirement to reside in the country.
- No requirement to learn the Turkish language.
- Confirmed investment sources
- Invest in land or property with a minimum total value of USD 250,000 or
- Deposit $ 500,000 cash in Turkish banks and keep it for 03 years. Or
Buy government bonds worth $ 500,000 with a locking period of 03 years.
Benefits & Privileges
- Visa-free travel to 115 countries –Privileged access to Schengen zone, UK, Hong Kong, Japan & Singapore.
- Relocation to USA – Treaty agreement country for USA E-2 investor visa.
- Relocate to UK – Turkey company owners have the option for special business visa for the UK.
- Dual Citizenship is permitted.
- Return investment.
- Rental annual return up to 8-10%.
- Entire family is eligible Including Spouse, dependent children under 18 years.
Malta
Malta, officially the Republic of Malta is an Island country in southern Europe. It is one of the 28 member states of the EU and one of the 26 member states of the Schengen Area. Since 2004, Malta has been part of the European Union and has the largest number of English speakers outside of Britain and Ireland. Its strategic position in the middle of the Mediterranean Sea puts the island just a few hours away from important European cities such as Rome, Milan, Paris, Madrid, Barcelona, Istanbul, and Athens. Introduced in November 2020, legislation granting Malta citizenship by naturalization for exceptional services offers citizenship in a highly respected EU member country to individuals and families worldwide who contribute to the nation’s economic development. The Malta citizenship by investment application process is extremely efficient, and the Government of Malta is committed to the highest standard of due diligence and vetting of investor applicants ensuring only persons of impeccable standing and repute will be admitted.
Facts
- Capital and largest city.
- Valletta
- Official language.
- Maltese.
- Government.
- Unitary parliamentary
- constitutional republic
- Area.
- 316 km2
- Population
- 2019 estimate – 514,564
- GDP
- 2019 estimate – $22.802 billion
- Religion
- 90% Christianity
- 2% Islam
- 8% Other
- Currency.
- Euro (EUR)
- Passport .
- Global Rank 8
- Main Airport.
- Malta International
Eligibility
- No Minimum Education.
- No criminal record.
- Have excellent health.
- Successfully pass due diligence checks.
- Legal Source of funds.
- Investment required USD 250,000 in Government bonds with locking period of 05 years.
- Contribute €750,000 to the National Development and Social Fund to get citizenship after 12 months.
- Contribution of €600,000 to the National Development and Social Fund to get citizenship after 03 years.
- Add €50,000/each dependent & philanthropic contribution of at least €10,000 in above 02.
- Buy a property of at least €700,000 or enter a property rental contract for at least €16,000, both on at least five-year contracts.
Benefits & Privileges
- Visa-free and visa-on-arrival travel to more than 180 countries and territories worldwide including the European Union, the United Kingdom, and Canada.
- Right to live, work, study in the European Union and have access to world-class healthcare.
- Lowest taxation rates in Europe with no foreign income tax, inheritance tax.
- Expand your business opportunities across all European Union countries and a market.
- Allows dual citizenship, permitting you to keep your existing nationality.
- The entire family is eligible Including spouses, dependent children under 27, and dependent parents can be included.
Cyprus
Cyprus is located in the northeastern basin of the Mediterranean Sea; Cyprus offers one of the most sought-after Citizenship by Investment programs. The Republic of Cyprus is a beautiful place to live in and a dynamic business hub for investors eyeing creation and expansion. The Cyprus citizenship program offers greater flexibility and control to its applicants. The Cyprus citizenship by investment program was initiated in 2013. The legislation has since then undergone further amendments with the latest one being made in February 2019.
Facts
- Capital and largest city.
- Nicosia
- Official language.
- Greek, Turkish.
- Government.
- Unitary presidential
- constitutional republic
- Area.
- 9,251 km2
- Population
- 2018 estimate – 1,189,265
- GDP
- 2019 estimate – $35.970 billion
- Religion
- 72.3% Christianity
- 25.0% Islam
- 2.7% Other
- Currency.
- Euro (EUR)
- Passport .
- Global Rank 14
- Main Airport.
- Larnaca International
Eligibility
- Must be over the age of 18.
- Should have no criminal record.
- Should not have any frozen assets within the EU as a result of sanctions.
- Should not have been rejected for citizenship by another EU state.
- Commitment of investment before applying for the Golden Visa.
- Purchase real estate worth at least €2 million (excluding VAT).
- Make a €100,000 donation to the Cypriot Government Research and Development Fund and another €100,000 donation to the Cypriot Land Development Organization. In total, the entire investment must be €2.2 million.
Benefits & Privileges
- No residency requirements to get citizenship.
- Enjoy visa-free or visa-on-arrival access to 174 countries.
- Enjoy a high quality of life in a predominantly English-speaking country with a superior infrastructure & legal system.
- No tax is levied on global income.
- Low personal & corporate tax rates for non-domiciled residents.
- Generous tax breaks for high net worth individuals.
- Permit Dual Nationality.
- No nationalities are restricted to apply.
- The entire family is eligible Including Spouses, dependent children under 28, and dependent parents.
Moldova
The world is finally waking up to the charms of this little nation wedged between Romania and Ukraine. Moldova, an Eastern European country and former Soviet republic, has varied terrain including forests, rocky hills, and vineyards. Its wine regions include Nistreana, known for reds, and Codru, home to some of the world’s largest cellars. The Moldova Citizenship-by-Investment (MCBI) program is the latest European citizenship-by-investment opportunity. It is the first program of its kind to offer this unique combination of visa-free travel destinations. Strategically positioned, with easy access to Europe, the Middle East, and Asia, the Republic of Moldova is a modern European country with a picturesque, varied landscape and a world-renowned wine industry. The country has already spearheaded a number of global technological advances, and it aims to use the foreign direct investment generated by the MCBI program to power its progress across all sectors. Launched in the second half of 2018, the MCBI program was developed by the Government of the Republic of Moldova. The MCBI program requires applicants to make a defined economic contribution to the country through the Public Sustainable Development Fund of Moldova (Public Investment Fund). Against this backdrop, Moldova offers foreign companies and individuals an attractive climate in which to do business, as well as a host of facilities and a range of advantageous state programs.
Facts
- Capital and largest city.
- Chisinau
- Official language.
- Romanian
- Government.
- Unitary parliamentary
- constitutional secular republic
- Area.
- 33,843.5 km2
- Population
- 2021 estimate – 2,597,100
- GDP
- 2021 estimate – $35.906 billion
- Religion
- 91.8% Christianity
- 8.2% Other
- Currency.
- Moldovan leu (MDL)
- Passport .
- Global Rank 49
- Main Airport.
- Chisinau International (KIV)
Eligibility
- Must be over the age of 18.
- Should have no criminal record.
- The four-tier due diligence process.
- Demonstration of the fulfillment of the financial obligations.
- Invited to an approved venue (consulate, embassy, or equivalent) to provide the required biometric data and swear an oath of allegiance.
- Must contribute minimum non-refundable to the Public Investment Fund:
- EUR 100,000 for a single.
- EUR 115,000 for a couple
- EUR 145,000 for a family of four
- EUR 155,000 for a family of five or more
Benefits & Privileges
- Enjoy visa-free or visa-on-arrival access to 174 Visa-free access to 122 destinations including Russia, Turkey, & Europe’s Schengen Area.
- Full citizenship, with passport rights,
- Citizenship in a member state of the Organization for Security and Co-operation in Europe, the World Trade Organization, and many more.
- Citizenship in a state that has entered into an association agreement with the EU and is aiming to become a candidate country for EU membership.
- Dependent children up to 29 years of age & parents from 55 years of age in the application.
Antigua & Barbuda
Antigua and Barbuda is a twin-island state located between the Caribbean Sea and the Atlantic Ocean. It consists of two major inhabited islands, Antigua and Barbuda, and a number of smaller islands. Antigua and Barbuda is an independent Commonwealth state in the Eastern Caribbean. With some 365 beaches of clean turquoise waters, the lush tropical islands of Antigua and Barbuda are an inviting paradise and considered to be one of the most beautiful places in the world. As a result, tourism is the key driver of Gross Domestic Product (GDP) and generates around 60% of the island’s income, with key target markets being the U.S., Canada, and Europe. Antigua and Barbuda is a member of the United Nations, the British Commonwealth, Caricom, and the Organization of American States (OAS) among many other international organizations. The Citizenship by Investment Unit (CIU) was established by the Honorable Prime Minister of Antigua and Barbuda and is the Government authority responsible for processing all applications and all applications for Citizenship by Investment by applicants and their families.
Facts
- Capital and largest city.
- St. John’s
- Official language.
- English.
- Government.
- Unitary parliamentary
- constitutional monarchy
- Area.
- 440 km2
- Population
- 2021 Census – 99,337
- GDP
- 2019 estimate – $2.731 billion
- Religion
- 76.5% Christianity
- 23.5% Other
- Currency.
- East Caribbean dollar
- Passport .
- Global Rank 29
- Main Airport.
- V. C. Bird International Airport Antigua (ANU)
Eligibility
- Must be over the age of 18.
- No criminal record.
- Have excellent health.
- Successfully pass due diligence checks.
- Simple and fast application process.
- Investment in one of the options below in order to apply for citizenship:
- Contribution in the National Development Fund USD 100,000. Or
- Contribution to the University of the West Indies (UWI) Fund For a family of 6 members US$150,000. And
- US$15,000 for each additional dependent.
- The purchase of an approved real estate project with a minimum value of USD 200,000.
Benefits & Privileges
- Visa free travel to over 160 countries that includes Hong Kong, Singapore, U.K. and the Schengen Area
- Full citizenship, with passport rights.
- entitling citizens to certain privileges in the UK and other member states
- Entire family is eligible Including Spouse, dependent children, dependent sibling up to 31 years and dependent parents or grandparents above 55 years of age.
- The validity of the passport is 05 years and will be considered for renewal subject to the recipient having spent a total of 05 days in Antigua and Barbuda, since gaining citizenship, within the 05 year period.