Which countries offer a passport without applicants having to migrate?

Few countries in the world give people full citizenship without the hassle of moving there and all the other difficulties associated with it. Under such programs, these countries simply require a financial contribution or real estate investment in exchange for providing individuals and interested parties with a second citizenship within two to six months. For wealthy and prosperous businessmen and entrepreneurs who do not have the option to emigrate without disrupting their lives, these programs are ideal as they can provide them and their families with the ability to obtain a second passport quickly and conveniently.

Below are the most prominent countries in the world that provide people with full citizenship without having to reside there:

Cyprus:

Number one on the list is Cyprus. This is due to the fact that it is the only country that gives investors a European passport in just 6 months without ever having to move. The passport allows visa-free access to 145 countries and, more importantly, the ability to live and work anywhere within the European Union. Obtaining a Cypriot nationality is priced at €2 million in luxury real estate, however, for wealthy entrepreneurs, becoming a European citizen is the best option for their families and businesses, and certainly worth the investment. These people have also realized the investment power in the burgeoning real estate market of Cyprus. Also, according to Cypriot citizenship law, an investor is eligible to sell the property after 3 years, keeping a lower value for €500,000. This gives investors the opportunity to make a profit while retaining full citizenship status.

Grenade:

Grenada is a Caribbean country that has seen a huge increase in demand for its citizenship. Grenada is special because it is the only country in the Caribbean with a citizenship program that allows citizens to apply for an E-2 visa that grants them residency in the United States. The Grenadian passport is the only Caribbean passport that allows visa-free access to China, which can be a great advantage for interested parties with business operations and ties to China. Granada grants its passport for an economic contribution of USD 200,000 to the country’s National Transformation Fund. The country’s passport holders do not need to move to Grenada, and will also gain visa-free access to 120 countries, including China, Schengen states and the UK.

St. Lucia:

The citizenship-by-investment program offered by this beautiful Caribbean island has become a major international player. It rose to fame because with a recent change in legislation, the citizenship program became more affordable and because it does not require you to visit the country at any time. A contribution of USD 100,000 to the Saint Lucia National Economic Fund or an investment in a government-approved project in Saint Lucia will legally grant you a second passport that will allow you to travel instantly visa-free to 123 countries worldwide, including the Schengen zone and the United Kingdom. as well as other important international business and tourism centers such as Singapore and Hong Kong. With the launch of The Ritz-Carlton Resort in St. Lucia, set to open in 2021, the resort will become a major contributor to the country’s CBI program.

Dominica:

Another favorite country among citizenship-by-investment programs without the need to emigrate is the Commonwealth of Dominica. It is one of the most profitable programs and allows visa-free access to 118 countries. The program has been established since 1991 and grants an individual full citizenship rights for a financial contribution of USD 100,000 to the Country Government Fund. Another investment option is Dominica’s government-approved real estate projects, such as the Kempinski Hotel, through which investors have a tangible investment with profitable potential.

Saint Kitts and Nevis:

This Caribbean country allows you to acquire its citizenship without emigrating and live in it at any time. It requires an economic contribution of USD 250,000 to the Sugar Industry Diversification Fund (SIDF) or a real estate investment of USD 400,000 in any project approved by the Government. The St. Kitts passport offers visa-free travel to 129 countries, including Schengen states and the United Kingdom.

Old and bearded:

Unlike other Caribbean countries, Antigua requires you to visit the country for at least 5 days before granting you citizenship, which is definitely worth it as the country is stunning. The citizenship program requires a minimum financial contribution of USD 250,000 to the National Development Fund or USD 400,000 in the project approved by the government of the country. Your passport allows you visa-free access to 129 countries around the world, including the entire Schengen zone, the United Kingdom, Singapore, Hong Kong and other first world countries.

Portugal:

This is the last country on our list. We chose to mention Portugal on this list because it could technically grant you citizenship without moving or living in the country. The main difference with Portugal and the rest of the countries on the list is that a person needs to obtain a Residency card in Portugal and keep the card for a period of 5 years, subsequently obtains Permanent Residence and after 6 years he or she They might be eligible to apply for Portuguese citizenship, provided they have a basic understanding of the Portuguese language. The initial residence card is granted after an initial investment of €500,000 in real estate anywhere in Portugal and must be renewed a couple of times during the first 5 years. Once you are granted citizenship, according to the law, your passport is irrevocable. Each country, with the exception of Portugal, processes citizenship in a period of two to six months, the term varies from one country to another and from one case to another.