Where investors can buy a second passport and how much it will cost

The United States is one of 23 countries that offer citizenship or a residency visa in exchange for investments, normally in real estate

National /
Jan.January 05, 2019 02:30 PM

(Credit: iStock)

The United States is hardly the only country that offers immigration opportunities in exchange for investments.

Other countries have their own versions of the EB-5 program in the United States, which provides green cards in exchange for employment-generating investments of $500,000 or more.

Some countries offer citizenship in exchange for investments – normally in real estate – while others offer a residency visa.

Business Insider compiled the following list of countries that offer residency or citizenship in exchange for a minimum amount of investment (denominated here in U.S. dollars):

~Thailand – “elite residency” for $15,253.

~Latvia – residency for $74,973.

~Saint Lucia – citizenship for $100,000.

~Dominica – citizenship for $100,000.

~Antigua and Barbuda – citizenship for $100,000.

~St. Kitts and Nevis – citizenship for $150,000.

~Grenada – citizenship for $150,000.

~ Vanuatu – citizenship for $155,000.

~Moldova – citizenship for $169,292.

~Cambodia – citizenship for $245,230.

~Greece – residency for $290,143.

~Portugal – “golden visa” for $406,200.

~Montenegro – citizenship for $406,200.

~United States – citizenship for $500,000.

~Spain – “golden visa” for $580,286

~Bulgaria – citizenship for $593,384.

~Canada – citizenship for $612,075.

~Turkey – citizenship for $1 million.

~Malta – citizenship for $1 million.

~ Australia – residency for $1.08 million.

~Cyprus – citizenship for $1.74 million.

~New Zealand – residency for $1.98 million.

~UK – visa for $2.57 million.

According to a 2017 survey of wealthy people by CS Global Partners, 89 percent wanted a second passport, and 34 percent had explored investment as a means of attaining citizenship in another country.

Nuri Katz, president of international advisory firm Apex Capital Partners, told Business Insider that many wealthy individuals seek a second or third passport for travel benefits and tax advantages, and for some, residency or citizenship in another country is a status symbol comparable to an expensive car. [Evening Standard]Mike Seemuth


Related Articles

arrow_forward_ios
From left: Edgardo Defortuna, Ana Gomez, Alicia Cervera Lamadrid, and Craig Studnicky (LinkedIn, Cervera, iStock)
“Get your money out now”: Miami brokers target Colombian buyers after leftist’s election
“Get your money out now”: Miami brokers target Colombian buyers after leftist’s election
From left: Sotheby’s Daniel de la Vega and Reagan Jefferies with Brevard County
One Sotheby’s picks up Brevard County brokerage
One Sotheby’s picks up Brevard County brokerage
10181 US Highway 98 West and 39 Sandy Dunes Circle (LoopNet)
Florida Panhandle estate sold for $25M
Florida Panhandle estate sold for $25M
Netscape co-founder Jim Clark and 2000 South Ocean Boulevard in Manalapan (Getty, Sotheby's)
Manalapan compound poised to sell for Florida-record $175M
Manalapan compound poised to sell for Florida-record $175M
Hollywood Locations' Christopher Ursitti and 1400 Northwest 31st Avenue (Hollywood Locations, Google Maps)
Movie studio complex may rise on former incinerator site in Fort Lauderdale
Movie studio complex may rise on former incinerator site in Fort Lauderdale
Hassan Whiteside and 528 Lakeview Court in Miami Beach (Getty, Joe Azar/Compass)
NBA’s Hassan Whiteside lists Miami home for $23M, triple what he paid for it
NBA’s Hassan Whiteside lists Miami home for $23M, triple what he paid for it
McDowell wants to build 201 apartments near Homestead, puts land under contract
McDowell wants to build 201 apartments near Homestead, puts land under contract
McDowell wants to build 201 apartments near Homestead, puts land under contract
(ONE Sotheby's Realty)
Former mayor George “Bud” Scholl’s waterfront home hits market for $13.9M
Former mayor George “Bud” Scholl’s waterfront home hits market for $13.9M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...