5 destinations that offer easy second passports and citizenship-by-investment from US$100,000 – Austria, Bulgaria, the Caribbean, Malta and Cyprus
Where can I get a second passport? How much does it cost and how long does it take? What countries offer citizenship-by-investment? In these uncertain times more people than ever are looking at their options, but these 5 destinations all offer an easy entryway – if you have the money
During these tumultuous times when the world is slowing down, the greatest luxury the affluent can own is an escape plan, which may come in the form of a second citizenship. If the investment price is right, one can be flying out to a new address in a matter of months. For those who don’t have the luxury of time, these citizenship-by-investment options are some of the easiest and quickest ways to gain a second – or maybe even third – passport.
Austria
Austria is one of the most sought-after citizenships, as it allows visa-free travel to 187 countries and the right to live and travel anywhere else in the European Union. The only downside is that it may take a year for the citizenship-by-investment to take effect. It’s also one of the more costly investments starting with a contribution of €800,000 (US$915,175) to €10 million to a local business venture or public project.
Malta
Malta’s established citizenship-by-investment programme is known for its strict due diligence in evaluating prospective residents, so model neighbours are assured. The programme is said to be one of the easiest ways to gain an EU citizenship, starting at €800,000 for a single applicant and a further €25,000 contribution for each family member.
Cyprus