The earth is so massive that it might take a lifetime to reach every corner. However, we can at least have dual citizenship to enjoy the perks of two countries at the same time.
Striving for a second passport doesn’t mean you do not love your country. It means that you actually look forward to new opportunities for doing business and investments. The best way to acquire citizenship is through investment.
Although buy a second passport offers a lot of advantages, you should carefully choose which citizenship to buy. Besides understanding the rules and regulations you should be mindful of the price of the new citizenship.
Like many other people, you may have this concept in mind that a second passport is affordable for rich people only. However, this is totally wrong. Although some of the citizenships may even cost you trillions, you still have a large number of countries to choose from.
Below is the list of the top 3 countries that offer the cheapest second passports in the world:
- Antigua and Barbuda
- Saint Lucia
Dominica offers second citizenship by investment program which is extraordinarily cheap. If you are the only applicant to apply for Dominican citizenship you will have to give $110’000 only. Or else, if you are a family of four you’ll need to donate $200’000 with the additional fee of $18’300.
If you want to get a passport of this country by means of real estate citizenship by investment, you will require to spend a minimum of $200’000 to purchase property there. However, the cost is increased when you add fees of government and processing. It becomes around $233’500 for one applicant and $247’500 for a family of four.
You are allowed to visit 122 countries without a visa if you have a Dominican passport. These countries also include Brazil, the Schengen area, and the UK.
You can get citizenship in Antigua and Barbuda by directly donating $100’000 to National Development Fund. For a family of four, this citizenship costs $41’200 and for individuals, it is $32’800.
Surprisingly, you can travel to 140 countries with Antigua and Barbuda passport. These countries also include Brazil, Schengen Area, European Union, and the UK.
If you want to get a second passport of Antigua and Barbuda by investing in real estate you will have to spend a minimum of $200’000 with the additional fees of $66’200. On the other hand, the cost will be approximately $1.5 million if you prefer to invest in the business.
Saint Lucia is one of those countries that started offering citizenships by an investment after the destructive effects of hurricane season in the year 2017.
It stands on the top of the list of the world’s cheapest second citizenship countries. You can easily get second citizenship by donating $109’600 to the National Economic Fund of this country. You will have the opportunity to visit at least 123 countries without a visa after you become a citizen of Saint Lucia. These countries also include the UK and the Schengen area
Acquiring second citizenship has always been a good idea for businessmen, real estate owners, and even ordinary humans. It’s because owning a second passport leads you to a goldmine of opportunities.
So are you excited about purchasing the cheapest real estate, investing in a business, or donating an amount in the above-mentioned countries to get citizenship? Well, best of luck with that!