If you are looking into getting a second passport and becoming a dual citizen, there are quite a few options and countries to consider depending on your budget.
Since 2020 pandemic, war in Ukraine, changes in tax regimes, mobilization in Russia, people started looking for second citizenship or other residency options, and the numbers have skyrocketed lately.
Some are choosing to leave their countries for social reasons, others for political reasons or just looking for some sort of security for their families.
According to the citizenship and second passport professionals, the best countries for citizenship by investment include Malta, Antigua and Barbuda, Dominica, Grenada, St. Kitts, St. Lucia and Turkey, best residency programs are in Portugal, Ireland and Greece.
Here are just a few reasons to get a second passport and citizenship:
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Peace of mind. Dual citizenship will ensure that you have another place to move or to travel (if required)
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Depending on the passport you are considering to obtain – visa free travel to quite a few countries
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Commercial opportunities – necessary research is required in this case to ensure that your passport allows you to invest your money as you choose
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Legally reduce your taxes - Many countries around the world have a much lighter tax burden than much of the Western world, including the US
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Ability (if necessary) to renounce your current citizenship
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Personal security and mobility
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Usually there are no residency requirements
Our agents are able to assist with citizenship and residency programs for the following countries:
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Antigua & Barbuda
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Dominica
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Grenada
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St. Kitts & Nevis
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Malta
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Vanuatu
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Ireland
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Bahamas
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Cayman Islands
Citizenship by investment programs allow investors who are eligible to get second passports for the themselves and their family members in exchange for investing in the certain country. For about $100,000, you may invest in Caribbean nations like Dominica and St. Lucia and receive a passport in just a few months.
You can obtain economic citizenship through investment programs mentioned above. If you are unsure where would be the best place for you to invest in another passport, it can be a good idea to get in touch with one of our team members for a consultation.