Insights
Everyone wants to secure the future of their family. Natural disasters like earthquakes, widespread epidemics, and the threat of war are unpredictable events that can drastically impact your way of life. As a proactive step, many high-net-worth individuals are turning to Citizenship by Investment as means to secure a brighter future for their families. This is because it opens the door to a range of opportunities, including access to world-class healthcare, top-tier education, legacy planning, a robust economic environment, and the security of low crime rates.
Across the world, many countries offer this program to help you get a second passport as a Plan B. This article will guide you toward all the best citizenship programs for your family.
To understand these programs, let us first explore what having multiple passports will mean for you and your family.
This concept refers to having more than one nationality. Although not all countries permit dual nationality, you may obtain it through the following methods:
When you have multiple citizenships, you have the rights of citizens of all nationalities. Therefore, you can arrange your personal and business affairs to take advantage of the laws you are subject to. Then, you will be able to provide your family with a safe and luxurious life even if there is a crisis in your home country.
When you seek a second passport for a large family, you have different concerns than a single investor. You want to give your children the best education and healthcare. You may also want to secure the transition of your wealth through legacy planning. Whichever the case, you will need to apply in a country especially suited to large families.
Here are the top citizenship program options for large families:
The first citizenship program you should consider for your large family is offered by Antigua and Barbuda. Through the Antigua and Barbuda citizenship program, you can receive a University of West Indies scholarship. This is a perk from making a donation to the University of West Indies Fund.
After you have made your $260,000 investment (which includes processing fees), you and your family will receive citizenship within 3 – 5 months. In fact, for a family of 4 – 6 members, this investment option has a lower overall cost than the donation to the National Development Fund.
Another second passport you should consider getting for your family is the one from Dominica. With a minimum investment of $200,000 in real estate, your family can apply for the Dominica citizenship program.
This program is a prevalent choice because this island has fewer taxes, wondrous tropical landscapes, and a low crime rate. According to reports, the country has had around a 34% reduction in crimes since 2020.
You can also consider the Malta citizenship program for your family. Through this citizenship, you will gain access to all of the European Union ― including its stellar healthcare and education systems. Reports say that countries like France, Germany, Lithuania, and Luxembourg are the best in terms of education for your children.
To receive this citizenship, you will need to make the following investments:
| Investments | Cost |
| National Development and Social Fund (after 36 months of residency) | $655,400 (€600,000) |
| National Development and Social Fund (after 12 months of residency) | $819,200 (€750,000) |
| Residential Property (held for 5 years, no subletting) | $764,600 (€700,000) |
| Leased Property | $17,500 (€16,000) (no subletting) |
| Donation | $10,900 (€10,000) |
| Per Additional Applicants | $54,600 (€50,000) |
You should also consider getting a St. Kitts and Nevis nationality for your entire family. Once you receive your passport through the St. Kitts and Nevis citizenship program, you will have more favourable taxes. Specifically, this country has no wealth or inheritance taxes, allowing your children to build on the wealth you pass down to them. Plus, it allows your children to receive citizenship by descent after you have received your passport.
As for the investment you should make, consider the Public Benefit Option. The processing and due diligence cost is $297,500 for a family of up to 6 with children under 18. Though the base cost is the same as the Sustainable Island State Contribution, the Public Option has lower processing and due diligence fees.
Lastly, you should consider the St. Lucia citizenship program. This option is popular for single applicants yet it can also benefit large families. Reports indicate that the island has a stable economy with a 1.2% GDP average growth rate and that their economic freedom index number increased by 1.5 in the past year. So, if you had this citizenship, you could freely do business in this productive economic environment. Plus, the minimum investment for a family of up to 4 is $240,000.
To give your entire family dual citizenship, you should apply to one of the programs previously discussed. While these programs differ in the details of the steps, you can use the following general process:
When looking for the right citizenship program for your family, consider the consultancy services offered by Vancis Capital. Our boutique firm, specialising in European residency and citizenship, has a team of experts ready to guide you through the available programs. With 25 years of combined experience, we have proven our reliability. Additionally, we have access to thorough due diligence processes, enabling you to identify potential challenges in your citizenship application. With our assistance, you can secure your family's future through a smooth and efficient process.
The easiest country to get citizenship is Vanuatu. Through the investment route, you can get citizenship in two months or less. The minimum investment is $130,000, with an additional $5,500 for the main applicant.
The strongest passport in the world is a tie between France, Germany, Italy, Japan, Singapore, and Spain. These countries each have 194 visa-free agreements with other nations. Yet Japan has consistently retained this rank for the past six years.
The hardest passport to get in the world is from Switzerland. To receive it, you need to meet strict requirements such as providing assimilation in the country and living there for 10 years. It also has multiple approval stages.
Now you know that Antigua and Barbuda, Dominica, Malta, St. Kitts and Nevis, and St. Lucia offer the best Citizenship by Investment programs for large families. In particular, Antigua and Barbuda offers a convenient package which includes a 1-year scholarship for one of your family members. Meanwhile, once you have Dominica citizenship, you can move to this country since it is safe. Otherwise, the St. Kitts and Nevis and St. Lucia programs are ideal for families because their economy and taxes are suited for creating and maintaining wealth. Lastly, you should consider Malta citizenship because it is a gateway to the European Union and high living standards.
Whichever option you select, guarantee your application's success by consulting Vancis Capital. Through our internal screening, we have maintained a 100% application success rate.
Get in touch to discuss how we can help you with your citizenship or residency by investment goals. One of our investment migration experts will contact you to discuss your case. With over 16 years of combined experience our team has helped hundreds of families achieve freedom.
