As more and more people have a desire to move to other countries in search of opportunity and stability, immigration policies and tightening borders have led to the rise of “citizenship sales”.
Unlike permanent residency programs, citizenship is permanent, and cannot be revoked unless you receive it illegally.
Citizenship-by-investment programs are not new. They have been around for decades, mainly targeting high-income countries.
Here is a list of 10 countries and territories where you can buy a second passport or at least live permanently for the lowest cost. The data is taken from the CBI Index report that ranks the countries and territories where a passport can be purchased with money.
Thai passport.
Thailand has quite a few options for foreign nationals. Here are some popular choices:
To reside in Latvia, the Latvian government requires:
You can also become registered as a resident through real estate investments or 0% interest government bonds. After 5 years, you can also take the citizenship test after passing tests on history, language, etc. However, Latvian is one of the most difficult languages to learn in the world, so very few people can become Latvian citizens this way.
Latvia is an easy choice for those looking to settle in Europe. As an EU member state, Latvian citizens enjoy the full benefits of a European citizen, being able to travel in 28 countries and settle in Europe without a visa. In addition, the time to make documents here is also faster than other countries.
Saint Lucia is an island country in the British Commonwealth. There are two great things about being a new citizen of Saint Lucia: first, a new citizen is not required to live in Saint Lucia, nor even has to set foot in the country. Second, the tax rate on investment profits is 0%. There are 3 ways to become a member of this country:
The Dominican passport allows you to move freely to more than 110 countries. In addition, the country also imposes a 0% tax on investment profits. To become a Dominican citizen you need:
This eastern Caribbean island nation abolished personal income tax in 2016. There are 3 ways to become a citizen of this island nation:
After being devastated by hurricanes last year, the St. Kitts and Nevis has adjusted rates for the passport program. Even better, after signing tourism treaties with Russia, Moldova, Nepal, India, Indonesia, Rwanda, and the island of Taiwan last year, citizens of St. Kitts and Nevis can freely travel to 150 countries and territories around the world without a visa. To become a citizen of St. Kitts and Nevis you need:
Belonging to the commonwealth, Grenada citizens are exempt from visas to 141 countries including China. There are two ways to become a citizen of Grenada:
According to the latest CBI index data, the Vanuatu Contribution Program (VCP) is one of two ways to become a Vanuatu citizen through investment along with the Development Support Program (DSP), however those Select DSP will not be entitled to vote or participate in politics. To become a VCP citizen, you need to meet the following requirements:
Donate 0,000 and pay ,000 in fees and have at least 0,000 in cash.
To become a citizen, the Moldovan government requires: a non-refundable contribution of €100,000 to the PIF, a public invention fund, accompanied by a service and other fee of €49,000.
To become a Greek citizen you need to invest at least 0,143 in property in Greece.