There are many people who are working on getting citizenship in another country because it seems like a safe and promising option nowadays. For individuals seeking to obtain citizenship, the Citizenship by Investment (CBI) programs provide a quicker alternative by investing in the host country while meeting specific requirements. There are so many choices that it is difficult to choose but some countries have their citizenship by investment programs at the lowest cost among all the options available. The cheapest citizenship by investment programs is a topic we shall be taking a detailed look at as well as how they stand out among other programs.
1. Dominica
The Caribbean country, Dominica, has a citizenship by investment program which is considered to be one of the most inexpensive in the world. The Dominica CBI program has a very low investment entry threshold and a rather simple application process, thus it is a viable option for individuals who may have a tight budget but still want a second citizenship. The Dominica Citizenship by Investment Program is very easy to get into; you can do it for as little as $100,000 and with the Real Estate option gaining citizenship, passport and Visa free travel to 153 Countries.
2. Portugal
The Golden Visa program of Portugal is very affordable and a way to get the European citizenship passport. This can be accomplished through the purchase of real estate or by creating jobs directly in Portugal. Investors would thereby obtain residency and eventually nationality in this European country. Portugal's low tax regime, high level of life quality, and the fact that it’s a part of the Schengen Area make it a good place for those who want to do business in different places all over the world. This is possible by investing at least €500000 + costs, in the form of private equity investment for European residency in EU Schengen Zone Travel. Further, you can also apply for citizenship after 5 years.
3. St. Kitts and Nevis
Besides the fact that they were among the first countries that introduced a nationality by investment program, St. Kitts and Nevis have also long been a popular choice of investors who seek economic nationality. A fast-track application process and minimum residency requirements are set in this country that makes the process of getting citizenship much less time-consuming. You are eligible to participate in the St Kitts Citizenship Investment program for a minimum $250,000 Donation which can be made through the Real Estate choice.
4. St. Lucia
The most commendable feature of the economic citizenship St. Lucia offers is its low cost nature and efficiency. The investment opportunities in St. Lucia are as colorful as its national flag and range from real estate, government bonds to enterprise projects, therefore attracting a diverse spectrum of investors. St. Lucia can boast with the offer of nationality that will allow a person to travel without a visa to more than 140 countries which is a great advantage for globe-trotters. The good news is that you can contribute to the Saint Lucia nationality with a minimal investment of $100,000 which is refundable. This is a one-time investment through which you can get citizenship, passport and visa free travel to 158 countries in the EU Schengen Zone & UK.
5. Antigua and Barbuda
Famous for its crystal-clear beaches and lively culture, Antigua and Barbuda provides an enticing nationality by investment plan. The National Development Fund can be supported by a contribution or real estate investment. Investors will be allowed to exercise citizenship rights in this Caribbean paradise as a result. The Antiguan nationality is a powerful tool as it allows the holders to travel to over 150 countries without a visa, which enhances the mobility of international travelers. You can be a member of the Antigua and Barbuda citizenship by investment program for a minimum $100,000 Donation. On the other hand, you will have a chance to visit 161 countries on Visa free travel to the EU Schengen Zone and the UK.
6. Turkey
Being strategically positioned at the junction of Europe and Asia, Turkey's investment program connects two continents for the country's citizenship. Turkey, which is well positioned in terms of its strategic location, has a rich history and a rapidly developing economy, has become a favorite choice of investors who are interested in second nationality. Businessmen and investors can obtain Turkish citizenship through real estate investment or job creation, which will open a new door for them to explore the world. At only $400,000 of Investment, you and your entire family can reap the rewards of Turkey Citizenship by investing in Istanbul. Enjoy visa-free travel and the possibility of gaining a European passport.
7. Grenada
Grenada's nationality by investment program provides both affordability and flexibility which are both highly sought-after characteristics for investors. Individuals may have an opportunity to participate in the National Transformation Fund by their contribution or invest in the real estate projects which are approved and they will get nationality in Grenada and visa-free access to over 140 countries. With the Grenada citizenship passport program, you can get citizenship through a $150,000 contribution required while you can avail of real estate option for citizenship, passport and E2 USA Visa Potential.
8. Spain
Spain's resident program allows investors to choose between residency or nationality in one of the most vibrant countries in Europe. Thanks to its cultural wealth, Mediterranean climate, and high level of life standard, Spain is a good market for those investors who are interested in combining lifestyle and opportunity. People might invest in real estate or create jobs in order to get the nationality of Spanish and live as Spanish people do. The Spain Investor Visa Madrid is accessible for a minimum real estate investment of €500,000 + costs with the aim of getting residency and freedom of movement in the EU Schengen Zone for Travel.
9. Vanuatu
Vanuatu's citizenship by investment program will ensure a tropical haven for its investors through a hassle- free application procedure. The development assistance program in the country enables investors to get Vanuatu nationality and they are allotted visa-free travel to more than 130 countries. The beautiful and serene nature of Vanuatu, with its white sand beaches, dense rainforests and laid back vibe, makes it a perfect holiday destination for those looking for some quiet time. However, With the minimum $130,000 contribution you will enjoy the privilege of expedited processing and will be able to hold a passport and Schengen visa which allows you to travel visa-free to 148 countries.
10. Greece
The country of Greece is not only well-known for its long history and beautiful landscapes but also for its strong economy. Hence, this nation provides a privileged citizenship by investment program. Through acquiring real estate or carrying out strategic projects, an individual can become a citizen of Greece and can therefore have a right to benefit from the EU membership. The rich culture, culinary delights and friendly Greek disposition define the country as the go-to destination for investors around the globe. This visa type program allows you to get the Golden Visa Greece Santorini with a minimum of €250,000 + costs by real estate investment in the European Residency, and you will be granted with the Schengen zone travel of the EU.
11. Malta
In less than 12 months after the investment, qualified investors are granted a second passport in Malta, which is the first step to European nationality. The process can be done through the National Development and Social Fund or by investing in approved government projects. This way, one can obtain Maltese nationality and have access to the European Union. Malta's economy that is well-balanced, high standard of living and strategic location are the factors that make it the most favored by investors who are looking for stability and opportunity. The Malta Residency Visa is available to all the family when you choose to invest from €690,000 + costs with investment and donation options for European nationality.
12. Canada
The Canada's Immigrant Investor Program gives foreign investors an opportunity to invest in the country's economy, and in return, it provides them with a pathway to Canadian nationality. Canada is quite a magnet for people from different countries all over the world because of its diverse population, a strong economy, and the high quality of life. By putting the funds into a particular venture capital fund or creating jobs, people will get Canadian nationality and hence will have a chance to live in one of the richest countries of the world. You can have the Canada Golden Visa by investing just $195,000 + costs in a business to receive a permanent residence permit and after 5 years you can apply for Canadian nationality.
13. USA
The U.S. EB-5 Immigrant Investor program is also a platform for investors to acquire permanent residency and eventual nationality in the land of opportunities– America. By buying a stock in a qualifying company that hires American people as workers, everyone can make way for their dream in the land of the free. Due to its dynamic economy, cultural diversity, as well as tremendous chances, USA still is a lighthouse that people all over the globe look for to find a better future. The USA Investment Visa EB5 Green Card is available from $800,000 to either you or your full family with the EB5 Approved Investment and you will receive a USA Residency + Green Card.
Conclusion
Citizenship by investment programs are a real alternative through which people can acquire a second citizenship and therefore, open doors to multiple prospects. People may be seeking economic security, global mobility, or a quality life, and the cheap program by investment may present a variety of benefits to pick from according to their needs and preferences. Investors can make a decision to invest in public markets by carefully assessing the options and by monitoring the ones that offer the best returns and benefits as well as those that will impose certain obligations on them.
