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What is citizenship by investment in 2022?

Citizenship by investment in 2022 is a program that provides individuals and families with an alternative model of citizenship. This program helps acquire a second citizenship and passport in another country by investing in their economy. While more than 30 countries offer residence-by-investment programs, 9 countries provide a direct route to citizenship that our based on the investment.

For those looking for the fastest and smoothest route, citizenship by investment programs helps obtain citizenship faster than traditional immigration processes. The efficiency f this program has encouraged individuals to pursue this as an option for tapping into previously unimaginable opportunities.

Top 9 countries where we can obtain a passport for investment

Out of the thirty countries, we will list briefly the 9 countries which enlist a direct route.

St. Kitts and Nevis: It’s amongst the topmost countries that provide multiple opportunities with its dual citizenship. With no minimum stay required it offers a free visa to 157 destinations. The minimum contribution is USD 150,000 to the sustainable growth fund. The individual can add dependents after being granted citizenship too. The citizenship can also be passed on to kids in the future!

St. Lucia: The program was launched in 2016. No visitation is required. The candidate must undertake a minimum investment of USD 300.000. Spouse, parents aged 56 above, children, and siblings (with age restrictions) can be added after being granted citizenship. All other modes of investment in this program will have a non-refundable fee as well.

Dominica: Dominica requires a minimum donation of USD 100,000 with a processing time of up to 3 months. Free visa travel for over 152 countries.

Grenada: 

1. The candidate can either invest a minimum of USD 150,000 as a donation or 220,000 in a government-approved real estate project. The property investment should be maintained by the candidate for at least 5 years. The free- visa travel is up to 153 countries. The processing time for their application is the usual 3-4months.
2. Antigua and Barbuda: a minimum contribution of USD 100,000 is required. The right to move in about 10 countries. . The processing time for their application is the usual 3-4months.

Turkey: A minimum purchase of USD 25,000 is required. Only successful applicants are eligible for an E-2 investor visa in the USA for a 5-year renewable period.

1. • The free visa gives access to 111 destinations worldwide. The Turkey Citizenship-by-Investment programs help the candidates tap into both European and Asian markets. The processing time is a little longer than usual, about 6-9 months.

Montenegro: Montenegro is part of the EU. It requires a minimum financial investment of Euro 35,000. Free to movement in Russia and Turkey among others.

Malta: The country is known for its splendid climate, warm people, and low rate of crime. The residence status should be held for at least 36 months before applying for citizenship. Enjoy a free visa to 186 destinations.

Austria: The only Western-European country that offers dual citizenship without prior residence requirement. Visa on arrival to 189 destinations. The processing time takes longer than usual, which is 24-36 months.

Top Citizenship by Investment Program in 2022

The Citizenship by investment program does not bound one to a passport and helps one go visa-free. Along with the benefit of getting to travel visa-free, multiple opportunities open up for the citizen with his/her family. The benefits include higher standards of living, better education for children, and better security with access to higher opportunities.

All the countries have a clear path to citizenship. Each country has its advantageous options. Two of these countries are located within the European Union, also giving the benefit of EU citizenship. With previous experiences, we conclude that Turkish citizenship is an interesting opportunity in terms of economic profitability. Dominica is beneficial for budget-conscious people. It has been concluded that Malta Citizenship-by-Investment (CIB) offers the maximum benefits.

For more information on the pros and cons of each CBI offering country, check the website below.

https://www.endevio.com/en/insights/the-best-citizenship-by-investment-programs

Cheapest citizenship by investment in 2022

The Caribbean CBI is currently the cheapest both for individuals and families. For singles, Dominica and St Lucia are the cheapest whereas for families Antigua is the cheapest. Taking investment into consideration, the best citizenship programs are offered by St Lucia, Dominica, and Grenada.

Programs that do not require a personal passport visit have become popular. Caribbean countries have had a drastic reduction in their investments due to these changing conditions during the pandemic.

St. Lucia still offers the cheapest second citizenship by investment in 2022 the world. The lowest investment would be by donating to their National Economic Fund. By becoming a citizen of this country, you will have visa-free access to 123 countries, including the UK and the Schengen Area.

Cheapest Citizenship by Investment Program- 90 Days

5 countries provide for the cheapest CBI in 90 days. With its oldest Citizenship-by-Investment program. The program requires a one-time contribution of USD 150,000. There is no residency of visit required to acquire full citizenship. There is a 60-day fast-track application process within 60 days.

The countries that are applicable to be a part of this investment within 90m days are St, Kitts Nevis, St. Lucia, Antigua and Barbuda, Dominica, Grenada, Turkey, and Vanuatu. St. Lucia and Dominica are the cheapest to start with USD 100,000. 

 

Which is the cheapest country to buy citizenship in 2022

Within the EU which provides for the maximum benefits, Slovenia and Slovakia are the best options. In these countries, business investments can be started at the cheapest rates and would also be the cheapest citizenship-by-investment program.

The countries that are applicable to be a part of this investment within 90m days are St, Kitts Nevis, St. Lucia, Antigua and Barbuda, Dominica, Grenada, Turkey, and Vanuatu. St. Lucia still offers the cheapest second citizenship by investment in the world. The lowest investment would be by donating to their National Economic Fund. By becoming a citizen of this country, you will have visa-free access to 123 countries, including the UK and the Schengen Area.