The route to acquiring dual citizenship more often than not is equally tiresome and tedious. There are few countries that take several years either for completion or to simply have the passport ready. While many nations offer rules that are straightforward, the path to acquiring citizenship can be quite challenging. That’s why the CBI program has become a popular option for many potential investors.
It’s a process where an investor who holds the necessary funds makes an investment in a country of choice, and obtains a dual citizenship in return. Immigration permit Cyprus is an option most people tend to consider. The investment will typically include investors investing in real estate sectors, but flat donations to the government can also be done. They then offer it to those who need it the most.
Through this program, individuals can register their organization, work and reside in any location of their choice. In some programs, this can be passed on to generations as well. Now let’s take a look at the top five programs for investors to consider.
This island country is very favorable amongst the European CBI programs. The pleasant weather, low cost of living, and a large community of the British contribute to making it an ideal location. With a Malta citizenship, you can fly to over 180 nations that don’t require a visa, and the best part is it is applicable to every family member. While it’s quick to obtain citizenship, the government follows stringent rules to ensure only deserving candidates are offered citizenship through investment.
Those with a Cyprus citizenship are offered the liberty to fly to over 165 countries, and work and reside as well, as this ensures the country is offered a high ranking in terms of citizenship by investment. The pleasant environment, excellent education, free healthcare, and low crime rate are just some of the many factors that contribute further to the standard of living in Cyprus.
Known to be one of the newest programs, it offers citizens the liberty to fly to over 145 visa-free countries. This is applicable to the whole family and is most certainly one of the most affordable routes to obtaining a dual passport. You don’t have to be a resident, and the application process takes about three months for completion.
Known to be one of the most affordable CBI programs, it is extremely quick and hassle-free. With this, you have the freedom to travel to over 135 countries that are visa-free. There are two ways of obtaining citizenship – through investment to the real estate or a donation to the government. Here, you don’t have to be a resident to acquire citizenship.
St Kitts & Nevis
This program is by far one of the oldest and most reputable CBI programs. Since the catastrophic event in the nation, several adjustments have been made to the program, and movement is now even better. At the moment, through this citizenship, you can travel to over 150 countries. You are offered choices when investing – one is purchasing a real estate, or donating either as a single applicant, an applicant with up to three dependents or with an additional dependent (if there are over 3 members). The entire process takes about four to six months to complete.