Easy Countries to Become a Dual Citizen of
Being a citizen of two countries makes it easy to travel between both countries. You don't have to apply for long-stay visas. You are also spared the interrogation about the purpose of your visit.
By investing in a country, you can get another citizenship. This would allow you to work from and stay in either country. If you are looking to become a dual citizen, the 5 best countries for dual citizenship are as follows:
- New Zealand
New Zealand is a member of the Trans-Tasman agreement that allows freedom of movement to and fro Australia. The upcoming geopolitical union (CANZUK) could open doors for citizens to live and work without a visa in Australia, Canada, and United Kingdom.
Criteria for eligibility:
New Zealand's citizenship by investment program has two categories:A) You need to invest at least NZ$10 million for at least three years
B) You need to invest at least NZ$3 million for at least four years
Either way, you get the invested amount back at the end of the term. The resulting residency leads to citizenship after five years. - Portugal
You get to enjoy a warm climate, delectable cuisine, and a safe environment. On top of that, you get access to 185 countries, including the EU.
Criteria for eligibility:
You may avail of any of the 5 following routes to securing a Golden Visa
– Transferring at least €1 million into an approved account
– Investing at least €280,000 to €400,000 for real estate renovation in low-density areas
– Creating at least 10 jobs
– Investing at least €350,000 in a Portuguese company to create at least five permanent jobs for a minimum of three years
– Contributing at least €250,000 for art, €350,000 for research, or €350,000 in a specified investment venture capital fund.The Golden Visa grants you a five-year residence. You can apply for citizenship at the end of this period.
- Malta
You can enjoy a pleasant climate and superb business prospects in Malta. It is a predominantly English-speaking country and offers a friendly tax environment.
Criteria for eligibility:
You may take any of the following routes to obtain Citizenship by Investment:– Donating at least €650,000 to a government national development fund
– Purchasing real estate worth at least €350,000 for five years, failing which you may lease a property with rent of at least €16,000 per year
– Investing at least €150,000 in stocks or bonds approved by the government - Grenada
You get a Grenada passport within three months of submitting the application. Parents, grandparents, and siblings of yours or your spouse can also be included in the application. A Grenada passport gives you visa-free or visa-on-arrival access to 143 countries.
Criteria for eligibility:
You may take any of the following routes to obtain Citizenship by Investment:
– Donating at least $150,000 to Grenada's National Transformation Fund. This sum would increase to $200,000 for a family of four.
– Investing at least $220,000 as a co-owner in a real estate project for a minimum of five years. - St. Kitts and Nevis
It runs the oldest citizenship by investment program, and you can get citizenship within 60 days of submitting the application. A passport holder gets visa-free access to 156 countries, including the EU, most of South America, Russia, and the UK.
Criteria for eligibility:
You may take any of the following routes to obtain Citizenship by Investment:
– Donating at least $150,000 into a Sustainable Growth Fund. This would suffice for a family of up to four members.
– Purchasing a property worth $200,000 for seven years or property worth $400,000 for five years. You and your family members will be granted full citizenship once the processing fees have been paid.
Have you read?
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Source: https://ceoworld.biz/2022/01/13/the-5-best-countries-for-dual-citizenship/
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