A second passport is no longer a luxury reserved for the wealthy and privileged. As more countries offer citizenship-by-investment options, anyone who can afford it can get one. It?s a one-way ticket to a borderless world filled with opportunities, unparalleled financial freedom, and better quality of life.
A second passport is becoming an increasingly popular option for those looking to expand their global reach.
Citizenship by investment grants a second passport to individuals, giving them full rights as citizens in exchange for an investment into the country’s economy, without going through the long and hard process of filling out visa applications and lengthy interviews or documentation.
Trusted companies that manage Citizenship and Residency by Investment opportunities, such as Citizenship Bay, provide thorough guidance and all the needed information for getting a second passport, saving time and helping you decide the right country well suited to your needs, for your second citizenship journey.
You do not get to choose your first citizenship, but for sure you can choose a second passport that gives you that freedom. Below is a number of the 8 best countries with the most promising citizenship by investment offers you can find, as recommended by Zaid Aldayriyeh, Managing Director at Citizenship Bay:
Zaid AlDayriyeh, Managing Director at Citizenship Bay
1. Antigua & Barbuda
Citizens of Antigua and Barbuda are eligible for visa-free travel to 151 countries, including the Schengen Area, the United Kingdom, Belgium, Denmark, Denmark, Finland, France, and Greece. You receive permanent citizenship in this nation with no tax responsibilities for non-residents in just five months. This program requires an investment starting from $130,000.
Your citizenship in Dominica grants you access to 145 different countries without a visa. There are no requirements for residency or interviews for Dominica citizenship. With an investment starting at $100,000, you can obtain a passport in just five months. Dominica’s government includes dependent children who are up to 30 in the application process, which makes it unique.
Grenada offers one of the most efficient citizenship programs in the world. With Citizenship Bay, you can obtain a Grenadian passport in a few months and be able to visit 146 countries without a visa. An added advantage of Grenadian citizenship is the ability to apply for an E-2 investors visa that allows you to live and invest in the United States.
Malta offers one of the greatest value-for-money citizenship programs in the world. It is a business hub with opportunity to live, work and study anywhere in Europe, as well as visa-free travel rights to more than 185 countries. The whole process takes less than 2 years, and there are no residency requirements for applicants. Malta gives you one of the greatest offers, and their investment starts from ?700,000
5. Saint Lucia
For Saint Lucia, the citizenship by investment scheme requires that you invest in one of its options starting $100,000 and above. A second passport in Saint Lucia also gives you and your dependent children visa-free travel access to 147 countries.
6. St Kitts and Nevis
Along with their no-residency requirement, St. Kitts and Nevis offers visa-free travel to 157 countries and access to international cities. Additionally, there are no tax obligations for non-residents. This is one of the most reputable countries for citizenship by investment starting from $125,000.
With Turkish citizenship, you can take advantage of numerous benefits that include visa-free travel, free medical services and coverage for dependent children up to 18 years of age. Turkish citizenship is also renewable every 5 years and can be extended to children and other families.
The Vanuatu citizenship by investment program requires making a non-refundable donation of $130,000 to the country?s Development Support Program. It also offers visa free travel to 98 countries for dependent children up to 25 years and parents greater than 50 years in the same application as well as visa free travel to 98 countries.
WHAT ARE BENEFITS OF SECOND PASSPORT?
A second passport gives you the freedom to reside, travel or do business in a place other than your home country. If you ever need to leave your home country, there is the benefit of having someplace somewhere waiting for you.
- Increased Mobility
One of the second citizenship benefits is the opportunity for visa-free travel to more than 100 countries, including the UK and Schengen.
- Wealth Planning
A second citizenship enables wealthy investors to diversify their investments in foreign markets and efficiently manage their portfolios.
- Economic stability
With the global market unstable, securing a second passport unlocks the benefit of the economic stability of the country offering the citizenship and depending on which one you choose, there is the advantage of reduced to no tax obligations for you.
- Investment Opportunities
Some of citizenship by investment programs offer investors a solid financial return on their investment. This makes an application for citizenship or residency a smart decision for freedom, flexibility, and financial gain.
In a time of global political uncertainty, additional citizenship offers a safeguard for the future of their families and their wealth.
Choose the easier, faster path to getting a second passport in less than six months of your application. Contact Citizenship Bay today for an absolutely free consultation