What makes a great citizenship by investment program? There are plenty of them on the market right now, mainly in the Caribbean and Europe, but what are the five best citizenship by investment programs? Let’s take a look!
What makes a great citizenship program? Here are four factors that need to be considered when putting together a list of the best citizenship by investor programs.
If freedom of movement is essential to you, the whole reason for obtaining second citizenship is to receive a passport that will grant you visa-free access to many more countries than your original one did.
The difference between a European passport and one from any nation in Africa, Asia or the Middle East is dramatic. The Iran passport has access to just 41 countries, none worth visiting, while the German passport has visa-free access to 189 countries, including the entire free world.
Second only in importance to visa-free access is the status of the country you are becoming a citizen of. Ideally, you would want to become a citizen of a nation like Germany, France, Austria or Switzerland, countries that command that combination of both respect and admiration. Other countries that have a similar aura are Spain, Belgium and Holland.
Then there are those nations that people love because of their backstory, such as Ireland, Malta, and Estonia, the “plucky underdogs” that possess indomitable spirit.
If you plan on living in the land where you have gained your second citizenship, this factor suddenly jumps to the top of the pile. If you are choosing your new home country, make sure it fits your personality. There’s no point moving to Switzerland if you love sun, sea and sand. Likewise, don’t move to Malta if you love snow, mountains and winter sports.
This factor cannot always be achieved. Citizenship by investment programs can sometimes be overpriced, and if you are determined on obtaining citizenship to a particular country you may just have to bite the bullet and pay up.
However, if the name of the country is less important than its EU status and great value, there are some amazing deals to be had. The CBI programs of both Slovenia (€50,000) and Slovakia (€52,000) represent unbeatable value.
Taking those four factors into consideration, here are five of the very best citizenship by investment programs on the market today, in no particular order.
The Five Best Citizenship By Investment Programs
In terms of passport power, value for money, respect and location, here are five CBI programs that represent the very best of what second citizenship has to offer.
Antigua & Barbuda
Visa-Free Access To 151 Countries
Would you respect the judgement of one of the greatest creative artists of the 20th century who is still going strong today? Two-time Academy Award winner Robert De Niro wants to turn the island of Barbuda into a playground for the rich, and he has invested millions of his own money into the project. If fact, such has been his love for the islands and his involvement in their development, he has been made an honorary ambassador to Antigua & Barbuda.
Because of De Niro’s involvement, scores of very wealthy investors are queueing up to be involved in turning these islands, already respected offshore banking havens, into the “Dubai of the Caribbean.”
The Antigua and Barbuda CBI program was already excellent value and comes with a powerful passport. However now that any financial investment could reap big rewards in the future, if Caribbean CBI is what you are after, this could a deal you cannot ignore.
Visa-Free Access To 180 Countries
Tiny little Slovenia will grant you its passport and citizenship for just €50,000, an offer so ridiculously cheap that if you can afford it you should pay them double out of sheer principle.
Slovenia is an EU member state, and have the 12th ranked passport in the world, with visa-free access to 180 countries around the globe including Europe in its entirety, the US, Canada, Latin America and Mexico, Australia, New Zealand, Japan, South Korea, Malaysia and Singapore. Not bad for a plucky nation of 2 million people!
Visa-Free Access To 184 Countries
Cost: €1.2 million
Mighty little Malta and its proud people earned their reputation for bravery when they were awarded the prestigious George Cross medal after they helped the British navy and an English garrison repel wave after wave of attacks from Nazi Germany during WW2. Since then the smallest island nation in the Mediterranean and one of the smallest EU member states has channelled its national character into becoming a collective economic powerhouse, always punching above its weight, and not scared to try out new things.
Those “new things” have included becoming a base of operations for many of the world’s biggest online gaming and gambling sites. Malta has also embraced the concept of citizenship by investment, with its CBI program becoming the most successful in Europe.
In fact Malta now makes more millions of euros from its CBI program than it does in EU concessions.
St Kitts & Nevis
Visa-Free Access To 156 Countries
The first ever CBI program was devised out of necessity back in 1984 after St Kitts & Nevis were granted their independence by the British. The program proved a hit, but the market was limited and the type of client often of somewhat dubious character.
Fast forward two decades and St Kitts & Nevis try their CBI program again, this time with a very different – not to mention very large – client base. Their CBI program is a smash hit, so much so it saves the island from ruin and turns it into a success story.
The reason why is that St Kitts & Nevis is a beautiful and charming location to choose for second citizenship, and their program is excellent, its great value, with access to 156 countries visa-free, the most visa-free access of any Caribbean Island state .
Visa-Free Access To 143 Countries
Question: How many countries with CBI programs have visa-free access to Europe, Russia and China?
Answer: One – Grenada. This Caribbean island nation grants it’s holder access to three of the largest and vital marketplaces on the planet. Visa-free access to Western Europe, with the focus being the EU and Schengen Area is common among countries representing the free world.
However, very few international passports have visa-free access to Russia, and even fewer (five in total) have access to China. Should a sharp, ambitious entrepreneur base themselves in Grenada, travel regularly to Russia, China and Europe, make some contacts and simply use their privileged, unique position to act as a middleman, they could become very wealthy very quickly!
Citizenship By Investment Programs
|Austria Citizenship Program||€250,000|
|Belgium Citizenship Program||€200,000|
|Bulgaria Citizenship Program||€65,000|
|Croatia Citizenship Program||€175,000|
|Czech Republic Citizenship Program||€200,000|
|France Citizenship Program||€200,000|
|Hungary Citizenship Program||€200,000|
|Italy Citizenship Program||€190,000|
|Mexico Citizenship Program||€120,000|
|Holland Citizenship Program||€175,000|
|Poland Citizenship Program||€175,000|
|Slovakia Citizenship Program||€52,000|
|Slovenia Citizenship Program||€50,000|
|Spain Citizenship Program||€200,000|
|Turkey Citizenship Program||€75,000|