Golden visa programs are widely available as a cost-effective residence and citizenship by investment schemes.
Citizenship by investment is a hugely popular way to become a citizen of another country. A significant number of countries provide Citizenship by Investment (CBI) schemes, which allow foreign individuals to receive citizenship or temporary or permanent resident rights in exchange for local investments or a flat fee.
By making use of the Citizenship by investment route, the affluent investors, often known as investment migrants, get citizenship of another country by making a big investment in the host country. Such an investment can either be in a business project or most likely in a real estate property. These investment migration programs are also known as golden visas and for the super-rich, these are turning out to be a simpler and faster way to get citizenship of the country of their choice.
Golden visa programs are widely available as a cost-effective residence and citizenship by investment schemes and many of the cheapest citizenship by investment programs offer enticing benefits and returns for a surprisingly low investment amount.
Antigua and Bermuda
In the Eastern Caribbean, Antigua and Barbuda is a sovereign Commonwealth nation. The lush tropical islands of Antigua and Barbuda are a welcoming paradise and are regarded as one of the most beautiful destinations in the world. They have about 365 beaches with clear blue waters. Antigua and Barbuda is a member of the United Nations, the British Commonwealth, Caricom and the Organisation of American States (OAS) among many other international organisations.
The Citizenship by Investment Programme (CIP) requires a person to make a significant economic contribution to the Country.
One of the following three investment options:
A contribution to the National Development Fund (NDF) of a minimum non-refundable amount of US$ 200,000.
An investment of at least US$ 400,000 into one of the approved real estate projects and to be held for a minimum period of 5 years.
An investment of a minimum of US$ 1,500,000 directly into an eligible business as a sole investor or a joint investment involving at least 2 persons in an eligible business totalling at least US$ 5,000,000 and each of those persons individually invests at least US$ 400,000.
Dominica
The Citizenship by Investment Programme allows reputable investors and their eligible family members to legally obtain citizenship in return for a significant investment in Dominica, as determined under the Commonwealth of Dominica Citizenship by Investment Regulations.
Presently, there are two qualifying investments: a direct contribution to the Government (commonly known as the contribution to the Economic Diversification Fund route), starting at USD 100,000 for a single applicant, or the purchase of pre-approved real estate at a minimum value of USD 200,000.
St. Lucia
Citizenship by Investment Saint Lucia Regulations allows an eligible person to acquire citizenship of Saint Lucia pursuant to a successful application and upon the payment of a qualifying investment. Currently, the Programme offers investment via the following:
National Economic Fund – Applicant Alone: US$ 100,000; Applicant with spouse: US$ 140,000
Approved Real Estate Projects – One-time minimum Investment payable upon the grant of citizenship: US $200,000
Approved Enterprise Projects – Applicant Alone: US$ 3,500,000 (minimum investment)
Non-Interest-Bearing Government Bonds – National Action Bond – Applicant applying with any number of dependents: US$ 300,000
St. Kitts and Nevis
The minimum investment requirement for the St. Kitts and Nevis Citizenship by Investment Program is USD 250,000 and the processing time is four months.
While Antigua & Barbuda, Dominica, and St. Lucia in the Caribbean offer the cheapest citizenships to purchase, North Macedonia and Turkey are the most affordable citizenship possibilities in Europe if a speedier pace appeals to you.