WHAT IS CITIZENSHIP?
Citizenship is granted by a state or country to its citizens. It is a kind of treaty between a nation and its people, granting the inhabitants a number of privileges and rights, including the right to live and travel freely within the country, as well as outside the country to other nations with which the country has favorable agreements.
Citizens are also entitled to vote and be elected, and they also have the right to work and conduct business in their home country. All of these privileges are granted through citizenship and require that the citizen abide by the rules and laws of the country.
Citizenship by investment
If you want to skip the lengthy waiting period and ancestry requirements, you can acquire citizenship by investment. Be warned, though: this alternative is not for people with little money. It is the fastest way to obtain citizenship, albeit at a high price.
THE BEST CBI PROGRAMS YOU CAN GET TODAY
Whether you are looking for a new lifestyle or a second residence, CBI programs are the fastest way to get a second passport. However, keep in mind that despite investing or donating money, all citizenship by investment programs come with additional processing and due diligence fees. Here is a brief overview of some of the best citizenship programs you can get now.
Antigua & Barbuda
The citizenship of Antigua & Barbuda grants a second passport to investors who qualify. There are three alternatives for applicants to choose from when applying. These include depositing at least $200,000 into the National Development Fund and investing in a local business or purchasing a property.
Antigua & Barbuda is an attractive option as it is considered one of the safest countries in the Caribbean. The country is also made up of 365 islands surrounded by crystal clear blue waters. The scenery is breathtaking and the pace of life can be safely described as relaxed. It is an ideal place for retirement where you can try sailing or even scuba diving as a new hobby.
Dominica offers the cheapest and easiest way to acquire a second citizenship. With a minimum of just $100,000, you can purchase a second passport for yourself and your immediate family. All of this can be accomplished in less than four months.
Dominica's passport ranks 37th in the world for its exciting visa-free travel to more than 130 countries, including the Schengen area in Europe.
Grenada is not only a beautiful destination, but also the most valuable citizenship in the Caribbean because it offers the possibility of an E-2 visa to the US. The application process involves a real estate investment or donation to the Grenada government. For at least $158,000, you can splurge on your new Grenada passport, which grants you visa-free access to over 140 countries, including China and the Schengen area.
St. Kitts & Nevis
St. Kitts & Nevis is one of the best citizenship programs you can opt for. It is one of the oldest economic citizenships with a commendable reputation. If you deposit a minimum amount of $157,500, you can get the passport. Moreover, the passport guarantees visa-free travel to 172 countries.
St. Lucia is a tropical island in the Eastern Caribbean that boasts a well-off population, an impressive safety record, and stunning landscapes. The St. Lucia Citizenship by Investment program is one of the most competitive.
The citizenship application process is also smooth and straightforward. The entire process takes only 4 months. Apart from the usual due diligence and health checks, you need to donate to St. Lucia National Economic Fund or invest in government bonds, real estate or other investments in certain businesses.
Malta is another country in Europe that is eligible for EU citizenship by investment because of the access to Europe that comes with the passport. Unfortunately, as with Cyprus, this is not cheap. To qualify for Malta's citizenship by investment program, you need to allocate at least €1,150,000 to donations and investments in real estate, stocks and bonds. The country has a rich, Mediterranean culture and yet is amazingly well developed. A Maltese passport also guarantees visa-free access to 155 countries around the world.