• Thursday, May 23, 2024
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5 countries that give citizenship by investment within 6 months

5 countries that give citizenship by investment within 6 months

Obtaining citizenship swiftly through investment has emerged as an appealing avenue for individuals aiming to expand their opportunities and ensure their future security.

Various countries around the world now offer citizenship by investment programs, providing investors with the opportunity to acquire a second passport within a relatively short timeframe.

This citizenship-by-investment program typically involves investors making a significant financial contribution to the host country in exchange for citizenship rights.

Read also: FG streamlines acquisition of Nigerian citizenship

The investments can take various forms, such as contributions to national development funds, investments in real estate projects, or job creation initiatives.

In return, investors gain access to the benefits of citizenship, including visa-free travel to numerous countries, expanded business opportunities, and enhanced personal security and privacy.

This option has become increasingly popular among individuals seeking to diversify their citizenship portfolio, mitigate geopolitical risks, and access better healthcare, education, and business environments.

Read also: Germany unveils easier citizenship laws for Nigerians, others

According to BusinessDay findings, here are 5 countries that give citizenship by investment within 6 months

Vanuatu

Vanuatu located in the South Pacific Ocean, offers a swift citizenship acquisition process, typically taking 1-2 months. The Vanuatu Development Support Program (VDSP) facilitates this by requiring a non-refundable contribution starting from $130,000. With an efficient application procedure and various investment options, Vanuatu appeals to those seeking rapid citizenship. This program provides access to a passport with a visa-free score of 93, enhancing global mobility for its citizens.

Grenada

Popularly known for its breathtaking landscapes, offers citizenship through investment, typically achieved in 4-6 months. Investors can obtain citizenship by investing in approved real estate projects or donating to the National Transformation Fund, with costs starting from $150,000. Grenada’s efficient processing system expedites the citizenship acquisition process, granting passport access with a visa-free score of 148, enhancing global mobility.

Saint Lucia

Saint Lucia, celebrated for its heavenly beaches and verdant scenery, offers swift citizenship acquisition, typically taking 4+ months. Through the Citizenship by Investment Program, investors can contribute to the National Economic Fund, and engage in real estate investment, or enterprise projects, with costs starting from $100,000. Saint Lucia’s streamlined application process facilitates citizenship acquisition, granting passport access with a visa-free score of 148.

Read also: Explainer: Does diplomatic passport confer citizenship?

Dominica

Known as the “Nature Isle of the Caribbean,” offers a straightforward citizenship-by-investment program, typically completed in 3-6 months. Investors can obtain citizenship by contributing to the Economic Diversification Fund or through real estate investment, with costs starting from $100,000. Dominica’s efficient processing system expedites citizenship acquisition, providing passport access with a visa-free score of 143, facilitating global mobility.

Antigua and Barbuda

Popular for its pristine waters and vibrant culture, offers citizenship through investment, typically achieved in 3-6 months. The Citizenship by Investment Program provides options like contributions to the National Development Fund or investment in approved real estate projects, starting from $100,000. Antigua and Barbuda’s well-structured application process expedites citizenship acquisition, granting passport access with a visa-free score of 154.