Insights
Citizenship by investment is, going into 2023, an incredibly dynamic and ever-shifting field. Several European countries that previously offered CBI programs, for example, have now closed those programs entirely (Portugal and Ireland both being glaring examples). But opportunities for those seeking to diversify their assets and their citizenship options remain rich, and it’s simply a matter of choosing the country that’s right for you and your needs.
This article will provide a robust and exhaustive list of the countries offering second citizenship programs in 2023, along with all requirements and benefits of becoming a citizen of those countries.
Citizenship by investment is, simply put, the practice of legally obtaining citizenship and a passport by investing in the host country’s economy. Requirements vary from country to country, but generally speaking, prospective CBI candidates are required to offer significant contributions to the economy, culture, or society of the host country in order to be granted citizenship.
Note that citizenship by investment is not the same as a golden visa, or any other residency by citizenship program. This list includes only countries in which investment leads directly to actual citizenship, with all that that implies.
Heading up the considerable number of Caribbean nations that offer passports by investment, Antigua and Barbuda is an attractive option for anyone looking to acquire alternative citizenship options.
Applicants must be over 18, satisfy all application requirements, and choose one of the following investment options:
All donations and contributions are non-refundable.
The second Caribbean nation to appear on our list, Dominica is one of the cheapest destinations for citizenship by investment in the region. What’s more, it can be obtained without ever setting foot on Dominican soil.
Those wishing to make use of Dominica’s second citizenship program have two options open to them:
The Caribbean’s reputation as a haven for investment citizens is well earned. Grenada’s CBI program is not quite as generous as Dominica’s, but there are nevertheless some great incentives to put down roots on this beautiful tropical island.
Similarly to Dominica, there are two options open to applicants.
Malta does not directly offer citizenship by investment; either way of obtaining a Maltese passport involves residency for a period of time.
The Maltese government requires all applicants to satisfy all of the following conditions:
This Caribbean nation has been in the citizenship-by-investment business longer than anyone else, having started in 1986. Consequently, they are well-practiced and have a robust second citizenship program.
There are four paths to a St. Nevis passport by investment:
One of the newer programs on this list, St. Lucia only opened their CBI program in 2015. One of the most notable things about St. Lucia’s program is just how straightforward it is – there’s no residency requirement or language proficiency/citizenship test.
You can acquire St. Lucia citizenship in one of four ways:
Türkiye is one of the most attractive countries with citizenship by investment in the world, particularly for Russian nationals
There are five potential avenues to a passport by investment in Türkiye:
This Pacific Island nation has an abundance of natural beauty and sites of interest, including WW2-era shipwrecks and pristine sandy beaches. Its citizenship by investment program is comparatively young, having been established in 2017.
There is only a single path on Vanuatu’s citizenship by investment program:
As we have seen, the requirements for citizenship by investment can vary considerably from country to country, and the passport options opened up by different CBI countries will likely be a considerable factor when deciding upon the right country for you. Ultimately, it’s a matter of personal preference, so be sure to carefully research any country you’re considering before fully committing.
As we have seen, the requirements for citizenship by investment can vary considerably from country to country, and the passport options opened up by different CBI countries will likely be a considerable factor when deciding upon the right country for you. Ultimately, it’s a matter of personal preference, so be sure to carefully research any country you’re considering before fully committing.
As we have seen, the requirements for citizenship by investment can vary considerably from country to country, and the passport options opened up by different CBI countries will likely be a considerable factor when deciding upon the right country for you. Ultimately, it’s a matter of personal preference, so be sure to carefully research any country you’re considering before fully committing.
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.