Some countries offer programs called Citizenship by Investment Programs, which let foreigners become citizens through paying for government bonds, financial donation or investment, business formation, real estate or extraordinary skills of an applicant.
Citizenship by Investment Programs assist nations in luring in foreign investment, promoting economic expansion, and offering a route to citizenship for those pursuing improved prospects and international mobility.
Citizenship by Investment programs are usually intended to bring foreign investment, grow national economy. It lets individual to access to new possibilities and worldwide mobility a route to citizenship.
Additionally, family members are also eligible to be a second passport holder through this program. Main applicant can proceed citizenship for spouse, dependent children, and sometimes even parents and grandparents can be included.
Caliber Career Network is linked and associated to several consulting companies and immigration law firms which take care of your application throughout the process since initial eligibility assessment to final outcomes.
Caribbean Citizenship
Caribbean Citizenship by Investment Program is a popular and easier stream to get citizenship of those countries. It allows foreigners to become citizens by investing money among any four of Caribbean countries like Antigua and Barbuda, St. Kitts and Nevis, Grenada and Dominica. These investments can be in real estate, government bonds, or national development funds. Each country has its own rules, so it’s essential for interested individuals to understand the specific requirements and benefits of the program.
Caribbean second passport offers visa-free travel to hundred plus countries, global business prospects, and financial diversification. The passports may also offer favorable tax options, access to quality education, healthcare, and opportunities for retirement planning and residence in other countries.
This is offered by almost all Caribbean countries. It’s a direct donation option. Applicants contribute a specified amount to support national development projects, and in return, they may become eligible for citizenship.
Applicants can invest in government-approved real estate projects, such as hotels or resorts, and in some cases, they may have the option to sell the property after a holding period.
The investment is for a specified period, after which it may be eligible for recovery. This option allows countries to raise funds while providing a path to citizenship for investors.
Application Process
At first, applicants choose an investment option, whether it’s real estate, government bonds, or a national development fund. They complete the necessary forms, provide required documents, and undergo due diligence checks. After approval, the applicant makes the investment or donation. The government reviews the application and, upon final acceptance, issues a Certificate of Registration and a passport.
Caribbean Countries
- Antigua and Barbuda
- St Kitts and Nevis
- Dominica
- Grenada
Antigua and Barbuda’s Citizenship
The Antigua and Barbuda Citizenship by Investment Program is intended to attract foreign investors. By investing strategically, applicants may access all the advantages that come with this citizenship.
Investors should contribute to the National Development Fund through Real Estate projects or a government-approved business in return for citizenship and a passport.
Investment Routes:
- Contribution to the National Development Fund
The contribution to this fund which starts from USD $100,000 and it is increased as per family members.
2. Real Estate
It offers a real estate investment option starting at $200,000 USD, providing individuals with an accessible opportunity to obtain citizenship while acquiring a luxurious property.
3. Investment in the University of the West Indies Fund
Make an investment of $150,000 USD for a family of 4 or more in the University of the West Indies Fund, which will entitle one member of the family to a one-year, tuition-only, scholarship at the University of the West Indies.
NOTE: Investment amount, government processing fees and time will be changed without prior notice. Kindly reach out us or visit government websites for the recent updates.
Dominica’s Citizenship
The government of Dominica also allows individuals to obtain Dominican citizenship through investment. The aim of this program is to enhance foreign economic participation to promote the country’s infrastructure development, support to create new job opportunities, and achieve sustainable economic growth.
Investment Routes:
- Economic Diversification Fund
The Economic Diversification Fund (EFD) is a government fund established by the Commonwealth of Dominica. By contributing to the EDF, individuals can qualify for Dominica citizenship. Minimum investment starts from USD $100,000 and it is increased as per family members.
- Real Estate
Applicant can invest in approved real estate projects in return of Dominica citizenship. The minimum real estate purchase is $200,000. However, the investment must be held for 3 years from the date citizenship is granted, or if the future purchaser is also granted citizenship by the investment applicant, 5 years from the date citizenship is granted.
NOTE: Investment amount, government processing fees and time will be changed without prior notice. Kindly reach out us or visit government websites for the recent updates.
Grenada’s Citizenship
Grenada maintains robust diplomatic ties with both the United States and China, setting it apart as the sole Caribbean citizenship by investment program that provides visa-free entry to China. Additionally, Grenada possesses an E-2 investor visa agreement with the US, affording holders of Grenadian passports the privilege to work in the United States.
Investment Routes:
1. National Transformative Fund
The contribution to this fund which starts from USD $150,000 and it is increased as per family members.
2. Real Estate
A minimum investment of USD $220,000 (for each share in a unit) by two or more individuals is required in an approved project valued at a total of USD $440,000. Secondary purchasers of real estate units in approved projects are also eligible to obtain citizenship.
NOTE: Investment amount, government processing fees and time will be changed without prior notice. Kindly reach out us or visit government websites for the recent updates.
St. Kitts and Nevis’s Citizenship
The Citizenship by Investment program of St. Kitts and Nevis holds the distinction of being the most enduring initiative. Through the St. Kitts Citizenship by Investment program, significant foreign investments have been entered into the national economy.
Investment Routes:
1. Sustainable Island State Contribution (SISC):
Applicants interested in citizenship by investment program through donation must make minimum prescribed contributions to the Federal Consolidated Fund which begins from USD $ 2,50,000 and it might be increased as per family size.
2. Real Estate
It starts from USD $400,000 in approved real estate projects. The investment must be held for at least seven years and can then be sold to anyone including another citizenship applicant.
NOTE: Investment amount, government processing fees and time will be changed without prior notice. Kindly reach out us or visit government websites for the recent updates.
Saint Lucia’s Citizenship
The Saint Lucia Citizenship by Investment Program allows individuals to acquire citizenship of this country. It seeks to attract investors and their qualifying dependents who have the option to make a government contribution, a real estate investment, or purchase government bonds to the country to obtain citizenship and a passport.
Investment Routes:
1. National Economic Fund (NEF)
Saint Lucia National Economic Fund is a special fund established to allow qualified investments to fund government-sponsored projects. This contribution starts from USD $ 1,00,000 and depends upon family number, its amount might be increased.
However, qualifying parents and grandparents must be 55 years old and above and must be fully supported by the applicant. Additional dependent children must have been born before the date of the applicant’s citizenship. Unmarried brothers or sisters of the main applicant below the age of 18 years can be included as qualifying dependents.
2. Real Estate
Invest in real estate with a minimum value of USD $200,000 for approved real estate projects. Fund should be deposited in an approved account managed jointly by the real estate developer and the Citizenship by Investment Unit in Saint Lucia.
3. National Action Bonds
Citizenship by investment may be made through the purchase of non-interest-bearing bonds. These bonds must be registered and remain in the name of the applicant for a 5-year holding period from the date of the first issue. Once an investment in National Action bonds has been approved, minimum USD 3,00,000 investment is required with any number of dependents. Additional non-refundable administrative fee of $50,000 USD is payable together with the investment.
NOTE: Investment amount, government processing fees and time will be changed without prior notice. Kindly reach out us or visit government websites for the recent updates.
Malta’s Citizenship
This program allows foreign nationals and their families to gain Maltese citizenship by contributing to Malta’s economic development. Successful applicants under this program can get the same rights as native Maltese citizens, including voting right, freedom to live, work and move.
Malta’s Citizenship by Investment program offers three pathways. Either contribution to the development of Malta or purchase of a property of at least €700,000 or lease for a minimum of €16,000/ year or donation to NGO.
Applicants have minimum net worth €2,000,000, no criminal record and age must be 18 years or above.
NOTE: Investment amount, government processing fees and time will be changed without prior notice. Kindly reach out us or visit government websites for the recent updates.
Egypt’s Citizenship
The Egyptian Citizenship by Investment program aims to attract foreign investments and capital to stimulate the country’s economy. It provides some distinct investment options for acquiring Egyptian citizenship
- Making a non-refundable contribution
- Real estate investment
- Investment in projects
- Depositing a specified amount in Egyptian banks
Approved applicants are granted temporary residence for six months to provide investment evidence before being conferred with Egyptian citizenship, granting them rights to reside, work, and pursue education in Egypt and the ability to pass this citizenship to future generations.
Investment Route
1. Direct Revenue Option
Foreign individuals can get Egyptian citizenship through a non-refundable contribution of $250,000. The funds must either be transferred from abroad to a designated account at the Central Bank of Egypt or deposited in cash directly into the program’s account, with proper documentation to show the money entered Egypt through a customs port.
2. Real Estate
Foreign investors can achieve Egyptian citizenship through real estate investment by purchasing property valued at a minimum of USD $300,000. The funds for the purchase must either come from abroad or be documented upon entry into Egypt. Investors have the flexibility to choose any real estate within Egypt, including private sector property. They must retain ownership for at least five years, and if they sell the property during this period, a non-refundable contribution of $250,000 to the Central Bank of Egypt is required to maintain their citizenship.
3. Investment in Projects
A minimum of USD $350,000 must be invested from abroad, along with an additional $100,000 as a direct contribution to the state’s public treasury, can qualify to achieve Egyptian citizenship. If the investment project is terminated, or suspended, or the investor disposes of it within five years, they must deposit a non-refundable $250,000 via a bank transfer from abroad into the Central Bank of Egypt to retain their Egyptian citizenship.
4. Cash deposit
Depositing USD $500,000 into the Central Bank of Egypt can also qualify to get Egyptian citizenship. These funds must come from a foreign bank or have documented proof of foreign origin. The deposit must be maintained for three years before it can be refunded. When refunded, the amount will be given in Egyptian pounds at the exchange rate set by the Central Bank of Egypt at the time of withdrawal, and no interest accrues on the deposit during the three-year period.
NOTE: Investment amount, government processing fees and time will be changed without prior notice. Kindly reach out us or visit government websites for the recent updates.
Turkey’s Citizenship
Turkey’s Citizenship by Investment Program offers diverse investment options and benefits from Turkey’s advantageous location bridging Europe and Asia.
Investment Route
1. Real Estate
If an Investor purchase one or more properties with at least USD $ 4,00,000 can be eligible to get a Turkish citizenship. The investor must retain ownership of the properties for a minimum of three years and has the option to lease them during this period.
2. Government Bonds
Purchase of government bonds can also be an option to get Turkey’s citizenship. At least USD $500,000 must be invested to purchase government bonds and must maintain the investment for three years.
3. Bank Deposit
Another easier option is bank deposit. If an individual deposit at least USD $500,000 in a Turkish bank and maintain the deposit for at least three years can achieve Turkey’s citizenship.
NOTE: Investment amount, government processing fees and time will be changed without prior notice. Kindly reach out us or visit government websites for the recent updates.