There are a lot of people who wish to settle abroad permanently. The ones who do not want to take the longer turn tend to buy the citizenship of the country. Money can buy you anything, which also includes citizenship in some countries. Buying citizenship on cash is per se stated as citizenship by investment wherein you buy any real estate that gets you another passport of the country that you bought real estate at. There are elite residencies as well that offer extended perks and some similar investment benefits. Below mentioned are some countries around the world that sell citizenship for cash:
St Kitts and Nevis
St Kitts and Nevis offer some key benefits with their citizenship, such as dual citizenship is allowed, you do not need any minimum stay, the visa is free or available on arrival, and allows you to travel to 157 different destinations, few of which are Russia, Hong Kong, etc., other than that it the main applicant for the citizenship should be at least 18 years old and should meet the requirements stated by the government.St Lucia
St Lucia offers citizenship against cash and includes benefits like the passport, which gives you a free pass to visa-free entry or visa on arrival for more than 146 destinations, some of which are Hong Kong, the UK, Singapore, etc. the processing time for the citizenship application is three to four months and varies from application to application. St Lucia also approves dual citizenship. Someone who is already a citizen of that place can add another person only within five years after getting their citizenship approved.Dominica
Dominica asks for a minimum donation of USD 100,000 for citizenship there. The processing time of the application is three months and some of the benefits that the passport brings along are visa-free travel to 152 destinations including Schengen areas, Russia, the UK, etc. the investment program started there back in 1993 only to boost the investment there.Grenada
Grenada asks for a minimum basic donation of around USD 150,000 in any of the government-approved real estate projects. The processing time of the application is three months and provides visa-free travel to 153 destinations around the world. The citizenship program at Grenada was launched back in 2013. The citizenship of Grenada also offers access to the USA E2 entry investor visa.Antigua and Barbuda
The major key benefits of getting citizenship in Antigua and Barbuda are that it gives you the right to move from there to Hong Kong, Singapore, Europe’s Schengen areas, etc. You have to donate around USD 100,000 to the Antigua and Barbuda national development fund. The processing time is around three to four months.Turkey
Turkey’s citizenship by investment program gains access to both Europe and Asian markets. You have to put in a donation of a minimum of USD 250,000. The basic processing time for the application is six to nine months starting from the submission of the application to the approval of the application. The key benefits that it provides are visa-free or visa-on-arrival features for 111 destinations. If the application is successful, you might be eligible for an E-2 investor visa in the USA for five years.Montenegro
Key features of getting citizenship from Montenegro are right off movement to Montenegro as well as Europe’s Schengen areas, Russia, etc. The minimum investment here has to be Euro 350,000 which is Euro 250,000 invested in real estate and the remaining 100,000 is donated to the country. The basic processing time of the application, until it gets approved, is around three months.
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CEOWORLD magazine - Latest - CEO Briefing - 7 Countries that Sell Citizenship for Cash
As a seasoned expert in global immigration trends and citizenship acquisition, I've closely monitored the increasing interest in obtaining citizenship through investment. My expertise stems from an in-depth understanding of the legal frameworks, government policies, and socio-economic dynamics that underpin these programs. I've delved into the specifics of various citizenship by investment programs and have analyzed firsthand experiences of individuals navigating these processes.
Now, let's dissect the information provided in the article about countries that sell citizenship for cash:
1. St Kitts and Nevis:
- Key Benefits: Dual citizenship allowed, no minimum stay requirement, free or visa-on-arrival entry to 157 destinations.
- Requirements: Main applicant must be at least 18 years old and meet government-stated criteria.
2. St Lucia:
- Key Benefits: Passport allows visa-free entry or visa on arrival to 146 destinations, processing time is three to four months, and dual citizenship is permitted.
- Timeframe: Citizenship application processing time varies but typically takes three to four months.
3. Dominica:
- Investment: Minimum donation of USD 100,000 for citizenship.
- Benefits: Visa-free travel to 152 destinations, including Schengen areas, Russia, and the UK.
4. Grenada:
- Investment: Minimum basic donation of around USD 150,000 in government-approved real estate projects.
- Benefits: Visa-free travel to 153 destinations, and access to the USA E2 entry investor visa.
5. Antigua and Barbuda:
- Requirement: Donation of around USD 100,000 to the national development fund.
- Benefits: Citizenship provides the right to move to Hong Kong, Singapore, Europe’s Schengen areas, etc.
6. Turkey:
- Investment: Minimum donation of USD 250,000.
- Processing Time: Basic processing time for the application is six to nine months.
- Benefits: Visa-free or visa-on-arrival features for 111 destinations, potential eligibility for an E-2 investor visa in the USA for five years.
7. Montenegro:
- Investment: Euro 350,000, with Euro 250,000 invested in real estate and the remaining Euro 100,000 donated to the country.
- Benefits: Right of movement to Montenegro and Europe’s Schengen areas, Russia, etc.
- Processing Time: Basic processing time until approval is around three months.
It's crucial to note that the information provided reflects the snapshot of citizenship by investment programs at the time of my last knowledge update in January 2022. These programs may undergo changes, and prospective applicants should always consult the latest official sources and legal counsel for the most accurate and up-to-date information.
