Citizenship by Investment Programs in 2024
Citizenship by Investments as one of the easiest techniques that you have to comply with on the way to visit or live in a country. Indeed, there are uncountable nations that would offer you citizenship by using Investment.
However, not all nations now provide this citizenship program. Plus, there are some nations whose citizenship programs are not best for anyone looking for citizenship through funding.
We are certain that maximum of you might get confused and think about which citizenship Investment Programs can be useful. In this blog, we are going to provide you with the Top five Citizenship with Investment Programs in 2024. Furthermore, we will offer you a few essential facts about Citizenship Programs.
Citizenship By Investment - Overview
Citizenship by investment serves as a Citizenship Investment program that means holding a second passport and citizenship in another country by investing in the economy of that country. You may accomplish this with the help of different types of established investments, such as real estate, development funds, establishing a business, and government bonds.
The options of investment and minimum amount of investment depend on the program and the type of investment you choose. Citizenship by Investment helps you to get citizenship quicker than other traditional methods of immigration.
5 Citizenship through Investment Programs in 2024
You can enjoy Citizenship Investment programs from uncountable nations or countries in this world. The following is the list of the Top 5 Citizenship by investment that you can consider selecting for citizenship:
1. St. Lucia citizenship program
The Citizenship by Investment Program of St. Lucia is highly regarded in the world of citizenship. The country provides a seamless application process for getting citizenship and a small yet stable political environment along with the economy.
The low minimum investment amount of the country begins from $100,000. Apart from this, there are numerous investment options that you can adopt to get this citizenship:
- Special Government Bonds (non-interest bearing) - USD 300,000 (refunded after five years)
- Business Investment - USD 3.5 million
- National Economic Fund USD 100,000 (one-time non-refundable)
- Real Estate USD 200,000 (share or titled property in resort/hotel)
When investing in this citizenship program, you are eligible to get several benefits. You can enjoy a much lower cost per square meter for property investment than other countries of property investment. Furthermore, you can expect the quickest processing time.
2. Dominica citizenship program
Dominica, which is a Caribbean country, often flies under the discussion about the broader influence of the Caribbean nation throughout the world. The country is popular for its cheapest Citizenship Investment program. Here are the two options for investments in this citizenship program:
- You should contribute a non-returnable minimum amount of $100,000 to the Economic Diversification Fund (EDF).
- You should make an Investment of as a minimum $200,000 in government-authorized actual property, with the situation of keeping the property for at least three years.
With the help of this citizenship, you can get uncountable benefits. The best thing about this citizenship is that there are no residency requirements or the need to attend the interview or visit the country to get a second password.
3. Turkey citizenship program
Turkey's Citizenship Programs by investment are ideal for those people who are looking for the most effective investment destinations. However, the least investment for this citizenship is $400,000. But, the program provides you with numerous investment options. Here are the investment options for this program:
- You have to pay government bonds worth at least USD 500,000.
- You are required to create jobs for a minimum of 50 humans.
- You have to make a Real estate investment of USD 400,000.
- You have to make a Bank deposit of at least USD 500,000.
- You have to make a Fund share investment of USD 500,000.
- You have to make a Fixed capital investment of USD 500,000.
A Turkey passport might provide you with access to the EU countries in the future. However, you can get unlimited benefits from the citizenship of this country including access to world-class healthcare and education facilities.
4. Grenada Citizenship program
The Grenada Citizenship by Investment Program was introduced in August 2013 when the Grenadian parliament passed the Citizenship by Investment Act 2013.
The Grenada Citizenship by Investment requires applicants to either make a significant economic contribution to the country to acquire a government-approved qualifying asset. The following is the list of investment options that you can make to get this license:
- National Transformation Fund (NTF) - USD 150,000 (one-time non-refundable)
- Real Estate- USD 220,000 as refundable buyback shares in five-star hotels or resorts
After investing in any of these investment options, you and your family will be granted citizenship of this country in exchange, and subject to a stringent vetting and due diligence process, including thorough background checks.
5. St. Kitts and Nevis citizenship program
The St. Kitts and Nevis Citizenship Investment is the oldest program that can help you become a citizen of this country. The country had introduced this citizen program in 1984. As a citizenship by investment program, you are required to invest in any of the following investment options:
- Public Benefit Option - $250,000
- Private Homes - $800,000 (single homes or condominiums cannot be sold for 5 years)
- Sustainable Island Contribution Fund (SICF) - USD 250,000 (one-time non-refundable) (single) or USD 300,000 (couple) or USD 350,000 (up to a family of four)
- Real Estate USD 400,000 (held for 7 years)
How can Flying Colour Relocation help you?
Flying Colour Relocation is an immigration service provider for people who want to relocate to a new country. We have experts who understand each aspect of citizenship by Investment. Furthermore, we can help you to apply for any program of citizenship by investment.
To learn more about Citizenship by Investment Programs in 2024, book a free consultation with one of Flyingcolour team advisors, simply call +971 50 5585305 or send WhatsApp messages to +971 4 4542366. you can also drop an email to info (at) flyingcolour (dot) com.