The notion of investment migration isn’t new, but it has gained much popularity over the last few years. Alternate citizenship is becoming extremely prevalent, particularly during times of crisis. At the core of these objectives is citizenship by investment (CBI), a premise that states from all over the globe have embraced into state programs. Read more here about residency by investment services.
Various countries offer these programmes as citizenship by investment schemes in exchange for major contributions to the country’s culture, economic, or social welfare. Let’s have a look at the countries that give nationality by investment.
Citizenship by investment was first implemented in 1993 on Dominica, one of the Caribbean’s prettiest islands. Dominica is a member of the Commonwealth of Nations, the United Nations, the Organization of American States, CARICOM, and other international institutions.
Requirements of Dominica citizenship by investment
Under present laws, candidates may select between two routes for obtaining citizenship:
- A $100k non-refundable donation to the Economic Development Fund
- At least $200,000 in authorised real estate development investment
As one of Europe’s wealthiest nations, Austria provides its citizens an exceptionally high standard of living. is a wonderful location to live, with breathtaking natural assets and a well-developed and strong economy.
Requirements of Austria citizenship by investment
In order to qualify for Austrian citizenship by investment, a candidate must make a substantial financial commitment to the Austrian economy, such as participating in a partnership or making a direct investment in a company that produces new employment or boosts export sales. In most cases, significant direct investment is necessary. Passive investments in bonds or real estate don’t qualify.
- All candidates must offer a fully clean personal record (proof of no criminal record), a detailed CV, company background information, and flawless references in addition to standard required documents (including passports, birth, and marriage certificates).
- As a requirement for being awarded citizenship, the Austrian Citizenship Act compels applicants to give up their present citizenship. However, in the context of a granted of citizenship under the terms of Article 10 (6) of the Citizenship Act, the prior citizenship can be legally preserved; – i.e., the candidate may not be obliged to give up their current citizenship.
Turkey is a huge transcontinental country with three oceans on its borders and a strategic location. Due to its strategic position and great transportation options, Turkey is a popular tourist destination. Despite the fact that Ankara is the country’s official capital, Istanbul, one of the world’s premier financial and cultural hubs, is Turkey’s greatest and most populous city.
Requirements of Türkiye citizenship by investment
To be eligible for citizenship, the primary applicant must meet one of the following investment requirements:
- Invest at least $400,000 in property
- Invest at least USD 500,000 in fixed capital contributions.
- Ensure you have deposited at least USD 500,000 into a Turkish bank account.
- Invest at least USD 500,000 in government bonds, or the equivalent in foreign cash or Turkish lira.
- Make a minimum investment of at least USD 500,000 in a real estate investment fund or venture capital fund share.
- Invest at least USD 500,000 or comparable foreign cash or Turkish lira in a private pension scheme for at least three years.
- Create at least 50 employment certified by the Ministry of Family, Labour, and Social Services.
- In their application, the primary applicant may add their spouse, dependent children under the age of 18, and children of any age who are disabled.
Malta, located in the heart of the Mediterranean Sea, has an outstanding reputation for its beautiful climate, lovely people, low crime rate, and high quality of life. Malta’s good aviation connections make it an appealing spot to call it home or purchase real estate there on a permanent contract.
Requirements for Maltese citizenship
Applicants who wish to become citizens of Malta through naturalisation for the provision of exceptional services through direct investment must undergo a strict four-stage due diligence process. The following conditions must be met in order to qualify:
- All candidates must be at least 18 years old.
- Euros 600,000 or Euros 750,000 must be contributed for a minimum of 36 months or 12 months of residency.
- The acquisition of a residential property in Malta costing at least €700,000 must be kept for a minimum of five years. Additionally, a five-year lease on a residential property with a rental value of at least EUR 16,000 per year is also available for consideration. Subleasing is not permitted throughout this five-year term. During the residency, a 36-month leasing agreement or property purchase is necessary (with an exemption of 18 months).
- A contribution of at least EUR 10,000 to a Community Malta Agency-approved registered sport, cultural, scientific, charitable, animal welfare, or creative non-governmental organisation or society.
- The legal residency of Malta for at least 36 months (or 12 months by exception) includes the lease of residential property worth at least EUR 16,000 a year kept for the same period. To apply for citizenship, applicants must have a valid residency card.
Some other countries on the list are:
- North Macedonia
- Antigua and Barbuda
Why should you claim Citizenship by Investment?
Having second citizenship can have several advantages for you and your loved ones. Here are other reasons:
- It’s best to choose the most direct route. Purchasing citizenship is an effective technique to get a second passport. It is the first and most important advantage that a foreign national may take advantage of.
- Better things are to come. Getting started is simple and doesn’t affect your present lifestyle in any way. Even after obtaining citizenship, you will not only be able to maintain your current lifestyle, but you will also be able to improve it.
- Clear criterion. No financial or time-related concerns are associated with any of these countries’ Citizenship by Investment programmes.
Second citizenship is the finest investment you can make and can be your new home. If it is something that could interest you, let’s discuss it.