10 Countries that sell instant citizenship for cash

Looking to buy an instant citizenship? The idea of buying a citizenship started when a small tiny island of St Kitts and Nevis introduced “oldest”  economic citizenship program in 1984. Commonwealth of Dominica (not to be confused with Dominican Republic) followed St Kitts by introducing another citizenship by investment scheme in 1990’s. Not many people knew about these programs back then, it was only in 2009, when St Kitts and Nevis signed visa waiver agreement with European Union (schengen states), these citizenship programs gained glory and the whole new citizenship industry was born.

It is estimated about 1% of the worlds rich, spend $1 billion in citizenship passports every year. IMF reported citizenship sales brought St Kitts and Nevis inflows upto 25% of GDP. The same was experienced in Dominica and Dominica. In 2015 a tropical storm wiped out 90% Dominica, funds from citizenship program helped Dominica to recover. In Malta, the revenues from Individual investor programme, accounted for 40% of 2014 tax revenues. Cyprus through the inflows from citizenship program in 2011 the real estate market is growing steadily now, and the economy is recovering from banking crisis in 2013 during which many cypriot banks has suffered losses and many wealthy russians who had over 100,000 euros with banks lost their money.

Today there are three more new instant citizenship programs running in Antigua & Barbuda, St Lucia, Grenada, followed by Cyprus and Malta in Europe.

I have prepared quick list of countries, where you can get instant citizenship within months against paying one time investment to the Government. Please note that in most countries tax status is based on residency not citizenship.

Citizenships and passports

Flickr https://www.flickr.com/photos/oh_darling/

Applying for these citizenships, investors and their family members get lifetime citizenship which can be passed on to generations. My recommendation: If you have the money, then go for it.

Country Started in Minimum Investment ** Residency requirements Time for citizenship Passport rank*  Visa free countries*
 Malta  2013  € 900,000  12 months 15 months  9  168
Cyprus  2011 € 2,000,000  6 months 4 months  17  159
Austria  NA € 5-10 million   12 months 15 months  5  173
 Dominica  1993 $100,000   none 2 months  41  119
St Kitts & Nevis  1984 $250,000  none 4 months  32  132
Antigua & Barbuda  2013 $200,000  5 days 3 months  30 134
 Grenada  2014 $200,000   none 2 months  39  121
St Lucia  2015 $100,000  none 2 months  37  125
 Serbia  2016 €100,000  none  3 months  43  115
Comoros  2008 $45,000   none 2 months  90  47

* Passport rank and visa free countries according to 2016 Visa restrictions index (henley)
** You also have to pay additional fees such as Government fee, due diligence fee, lawyer fee, passport fee above the minimum investment.

1. Dominica

flagdm

Qualifying investments for instant citizenship in Dominica.

USD 100,000 (one time donation to St Kitts Government fund) USD 200,000 property investment in Dominica real estate market
  • Cheapest citizenship program.
  • No residency requirement to live in Dominica before or after citizenship.
  • No visit to Dominica required to get citizenship.
  • Passport valid for 10 years.
  • Immediate citizenship for family and children.
  • No interviews. No language tests. No business experience.
  • No wealth, gift, inheritance, foreign income or capital gains tax.
  • Confidential citizenship application process.
  • Dominica passport offers visa free travel to EU/UK/Switzerland etc.

Request a free quote

Dominica

2. St Kitts and Nevis

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Qualifying investments for immediate citizenship in St Kitts & Nevis

USD 250,000 one time payment to St Kitts Government fund. This includes $50,000 Government fee for one person. USD 400,000 real estate investment (property ownership 5 years)
  • Oldest and most popular citizenship program.
  • No residence requirements (before or after getting passport).
  • No interviews, no business experience, no english tests.
  • Citizenship for family members (spouse and children)
  • Lifetime citizenship with one time investment
  • Confidential citizenship application process.
  • No visit to country required for citizenship process.
  • St Kitts passport offers visa free travel to EU schengen, UK, Ireland, Switzerland, Singapore etc.

Request a free quote

Circus Basseterre

Flickr https://www.flickr.com/photos/24736216@N07/

3. Grenada

flag-gd

Qualifying investments for instant citizenship in Grenada

USD 200,000 one time payment to Grenada Government  fund USD 350,000 purchase of property in Grenada
  • Lifetime citizenship to family and children (citizenship passed on to future generations).
  • Apply for E2 US visa as grenada citizen (cheapest alternative to EB-5 route to United States)
  • Confidential application process with no exchange of information with other Governments
  • Very fast processing approval time within 60 days
  • No interviews, No language tests, No military service, No business experience
  • Visa free travel to China using Grenada passport
  • Grenada passport valid for 5 years.
  • Confidential application process through authorized agents and service providers.
  • no income, wealth or inheritance taxes.

Request a free quote

Grenada

4. Saint Lucia

flag-lucia

Qualifying investments for instant citizenship in St Lucia

USD 100,000 one time payment to St Lucia Government fund USD 300,000 property purchase in St Lucia real estate market USD 500,000 Government bonds (refunded after 5 years) USD 3,500,000 business capital investment in St Lucia
  • Newest citizenship by investment program launched in 2015
  • Visa free travel to visit over 120 countries including UK, EU Schengen states
  • Fast processing within 2 months
  • No requirement to live or visit the country
  • Very fast processing approval time within 60 days
  • Confidential application process.
  • No income, wealth or inheritance taxes.

Request a free quote

Photo credit: https://www.flickr.com/photos/loimere/

Photo credit: https://www.flickr.com/photos/loimere/

5. Antigua and Barbuda

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Qualifying investments for instant citizenship in Antigua and Barbuda.

USD 200,000 one time payment to Antigua Government fund. USD 400,000 investment in real estate (property ownership for 5 years) USD 1,500,000 capital investment in a business
  • Just 5 days residency requirement
  • No personal visit to Antigua required.
  • Passport issued valid for 5 years.
  • Family and children under 26 years can apply for citizenship.
  • Visa free travel to Canada, UK, Ireland, Switzerland, EU schengen over 130 countries.
  • No interviews, business experience or language tests.
  • Maintain dual citizenships with other nations.
  • No wealth, inheritance, foreign income, personal income taxes.

Request a free quote

Photo Credit: https://www.flickr.com/photos/andryn2006/

Photo Credit: https://www.flickr.com/photos/andryn2006/

6. Malta

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Qualifying investments for Maltese instant citizenship program  (all three must be satisfied)

€650,000 one-time payment to Malta Government Fund €150,000 bonds or shares €350,000 buy a home or property in Malta (optional) or Rent a home for €10,000 a year (for address registration)
  •  Malta individual investor program (MIIP)
  • European citizenship by investment program (EU-CIP)
  •  No military service.  language tests. No citizenship tests.
  • Maltese passport after 12-15 months after proving genuine link to Malta (satisfying residency requirement)
  • Visa free travel to over 160 countries including Europe, United Kingdom including United States (ESTA).
  • Live, work, study, settle in any EU member states (Germany, Switzerland, France, Denmark etc..)
  • No requirement to live in Malta

Request a free quote

malta

7. Austria

flag-at

  • 5,000,000  to  10,000,000 business enterprise investment in Austrian companies with job creation (unofficial).
  • Highly respected most valuable citizenship in the world.
  • Citizenship at discretion of Government and council of ministers (no guarantees) waiving naturalisation time only given to exceptional individuals under economic interest.
  • Visa free travel to 180 countries including to USA, UK, Canada, all EU countries
  • No residence requirements. No tests. No business experience.
  • Live and work anywhere in Europe including Germany, Switzerland, France, Denmark etc.
  • Austrian citizenship extended to family members including investors children.
  • Processing time is 15 to 18 months.
  • Allowed to hold dual citizenship by exception

Request a free quote

Austria

8. Cyprus

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Qualifying investment for instant cyprus citizenship under cyprus citizenship by naturalisation exception scheme

€ 2,000,000 investment in real estate (home or beachfront villa or luxury real estate) or €5,000,000 development or construction projects €5,000,000  in Government bonds (fully refunded back in 5 years) €5,000,000 business investment in companies or €5,000,000 bank deposit
  • European citizenship by investment program (EU-CIP)
  • No physical residence requirements.
  • No military service. No cypriot language tests.
  • No restrictions on dual citizenships.
  • Visa free travel to UK, EU member states, Canada, Singapore etc. over 160 countries
  • Live, work, study in 35 EU member states (Switzerland, Austria, France, Germany, UK, Sweden etc..)
  • Future children automatically acquire EU citizenship.
  • Easy application process with high approval rates.
  • Scheme open to all country nationals.

Request a free quote

Cyprus

Flickr: https://www.flickr.com/photos/mamchenkov/

9. Serbia

Serbia

Qualifying investments for instant citizenship in Serbia

€100,000 one time payment to Government. €250,000 property investment in Serbian real estate
  • Serbian citizenship by investment (unofficial citizenship program)
  • Serbia is currently on path to EU membership
  • Fast processing time 2 months.
  • Visa free travel to 138 countries in the world.
  • Free movement in Schengen with Serbian passport.
  • Serbian passport within 90 days after being approved by Government.
  • Citizenship for investors wife and dependent children.
  • Note: Serbia is currently on the road to EU membership.

Request a free quote

Serbia

10. Comoros

Comoros

  • USD 45,000 one time payment (unofficial citizenship programme)
  • Comoros passport is only good to use for asset protection and identification document.
  •  Visa free travel limited only to 40 countries. No visa free travel to Europe, Canada, UK .
  • Passport issued for 5 years.
  • No taxes. No residence requirements.
  • No visit to Comoros required.

Request a free quote

Comoros

Comoros – Flickr Photo credit: https://www.flickr.com/photos/davidstanleytravel/

I assist clients in these countries. Please contact me privately if you are interested in getting a citizenship/passport in these countries.





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Balakrishnan Prabhu

Mr. Balakrishnan Prabhu is the founder of Corpocrat magazine. He is also the founder of Best Citizenships (BC), assisting wealthy individuals with with global citizenship and residency programs in Europe. His other interests are Linux, Machine learning, Wordpress, etc. You can contact him here