It’s good to be the citizen of a powerful country, but you know what’s better than that? To have more than one citizenship! Being a citizen of two or more countries has a lot of benefits like having two governments defending you if you face a problem abroad, more visa-free countries to visit with each passport, and having the option to easily move to your other country if the situation becomes tricky in one of them!
In this post, we’ll talk about 8 countries where you can get citizenship by investment in 2020.
Antigua and Barbuda
Located in the Caribbeans, Antigua and Barbuda offers citizenship if you invest USD 100,00 or more. Antiguan passport is visa-free for 151 destinations in the world.
Austria
Being one of the most powerful countries in the world and in the heart of Europe, Austria offers citizenship in return for €3 million. Austria has one of the best passports out there with access to 187 destinations worldwide, along with settlement rights in all EU member states.
Cyprus
Cyprus, an island country in the Mediterranean is a full member of the European Union. Cyprus has more sunny days in the year than any other European country. The minimum financial requirement is €2.15 million and the Cypriot passport gives you access to 174 countries, along with settlement rights in all EU member states.
Malta
Similar to Cyprus, Malta is also is an Island country in the Mediterranean and a full member of the European Union. It has a lot of sunny days as well! The minimum contribution for a Maltese passport is €1 million, with visa-free access to 184 destinations, along with settlement rights in all EU member states.
Montenegro
Montenegro is a stunning country in the Balkans. It is estimated that Montenegro will join the European Union by 2025, and that’s the reason that a lot of people are applying for Montenegrin citizenship. Montenegro’s citizenship by investment is limited to 2,000 applicants and the minimum contribution for a single applicant is €350,000. Montenegrin citizenship gives you visa-free access to 124 destinations including the Schengen Area and Russia.
St. Kitts and Nevis
St. Kitts and Nevis is in the Caribbeans and hast the strongest passport among other Caribbean nations with similar citizenship by investment programs. The St. Kitts and Nevis citizenship by investment program starts at USD 150,000 and Its passport gives you access to 156 destinations.
St. Lucia
St. Lucia is another Caribbean nation that offers citizenship by investment for USD 100,000 and St. Lucian passport gives you visa-free access to 146 countries worldwide.
Turkey
Turkey is known as the bridge between Asia and Europe. You can attain Turkish citizenship by investment with a minimum of USD 250,000 and get its passport in six to nine months. Turkish passport gives you visa-free access to 111 countries around the world.
Do you have second citizenship or interested in it? Let us know in the comment section below.
Wow, I had no idea you could get citizenship by investing!
Glad you found it useful! Thank you for your comment!
Did you know Cyprus has come under fire for their citizenship by investment policy? Russian oligarchs have been buying citizenship there and that has raised security concerns, considering what they are up to with propaganda.
In the early 2010s, there was an unwritten rule in the UK that Russian oligarchs could buy property in exchange for citizenship. That REALLY screwed the economy, and they influenced the Brexit vote! Also, other Russian immigrants were very resentful because it took them years to get UK citizenship and they were treated like criminals. I don’t blame the EU for chewing out Cyprus now.
Because of that, I have a moral issue with buying citizenship. It’s unethical to hold rich people to a different standard than the general population. Also, earning citizenship is a sign that you have adjusted well to the country and been beneficial to their society. So, I definitely take issue with buying citizenship for one’s own agenda when I earned UK citizenship by right and did it on my own.
I wonder how many countries will change their citizenship rules because of what Russian oligarchs have been doing because they have wreaked havoc in whatever country they plant their roots
Wow! Thank you for the insight. I had no idea about that. I know there are some Middle Eastern politicians who take advantage of buying citizenship when they steal enough money for the rest of their lives, but had no idea about Russians!
I don’t like the birthright citizenship but never thought of investment citizenship from a different angle!
Thank you!
You’re welcome! I mean, I think in some ways a citizen status should be earned, but in a good way. Btw, could you hold off on asking me about Londonistan until the end of October? I’m a hot mess right now lol 🙄
I was surprised to learn that the United States also offers citizenship by investment.