The best in the world

  • Home
  • Technics
  • Finance
  • Ratings
  • Cars
  • Movie
  • People
  • Home
    • Technics
    • Finance
    • Ratings
    • Cars
    • Movie
    • People

Home Cities and countries

10 countries where you can buy citizenship officially

Share
Pin
Tweet
Send
Share
Send

While some people take pride in their collection of stamps or expensive coins, many wealthy people with millions of dollars in revenue collect passports.

Thanks to citizenship programs for investments fixed at the legislative level in a number of countries, wealthy people can provide themselves with a “reserve airfield” for thousands or even millions of dollars.

Common types of investments include: buying a property, building an enterprise, or making significant contributions to a country’s fund — all of which are not cheap. Although the six-figure passport purchase price for an investment may vary, it usually amounts to about $ 200,000, Business Insider reports.

But for those who buy citizenship, such amounts are not prohibitively expensive. For them, a second passport is much more than a “travel document” to another country. It also symbolizes their high status.

Bloomberg has ranked countries selling citizenship in 2018. That's who entered the top ten.

10 countries officially trading in citizenship

StateCitizenship CostPhysical income tax of personsCorporate income taxSold with
Austria$23 750 00028%25%1986
Cyprus$2 375 00020%12.5%2002
Malta$1 065 00012%35%2014
Turkey$1 000 00035%22%2017
Vanuatu$226 5000%0%2017
Grenada$208 25012%30%2013
Saint Kitts and Nevis$150 0000%35%1984
Saint lucia$100 0000%30%2015
Dominica$100 0000%25%1993
Antigua and Barbuda$100 0000%0%2013

Eight countries from this top 10 are classified by the IMF as offshore financial centers. However, according to Christian Kelin, the head of Henley & Partners, the stability and security of most of these states, and not tax evasion at all, is a decisive motive for most passport buyers. And another important factor is bragging. “If you have a yacht and two planes, the next thing is a Maltese passport,” he said.

Armand Arton, president of Arton Capital, a large financial advisory firm specializing in investor programs for residence and citizenship, is of the same opinion.

“A cosmopolitan citizen has become a symbol of status among the world elite,” he said in an interview with Business Insider.

But there are more compelling benefits of owning multiple passports. According to Arton, investors mainly seek to increase their mobility on a global scale, improve security, get a better education, expand business opportunities and tax planning strategies, and improve their quality of life.

“People who invest in citizenship are people who come from countries with limited visa-free travel, for example, from Pakistan, India or China,” said Nuri Katz, president of Apex Capital Partners, an international financial company. “This (buying a passport) provides a certain freedom that citizens of some countries do not have. This is freedom of movement. ”

Costs and benefits of buying citizenship for money

Many countries need foreign direct investment and thus use citizenship as a means of raising funds. However, obtaining citizenship for investment is not an easy process. And it's not just about money. The future citizen is carefully checked for reliability, studying his biography and sources of income.

Each country selling citizenship has different requirements for investment costs. For example, those who want to obtain citizenship of the island state of Saint Lucia must donate one hundred thousand dollars to the National Economic Fund of Saint Lucia, or contribute at least $ 300,000 for the purchase of tourist property approved by the government. There is a third option - to invest $ 3.5 million in an approved business project.

For his money, a new citizen of Saint Lucia will receive a legal tax residence to provide a package of documents to European banks, and will not pay taxes on capital and income received outside the country. In addition, the island has a very low crime rate and excellent infrastructure.

“The Caribbean islands of Antigua and Barbuda, Saint Kitts and Nevis, and Saint Lucia are in high demand due to the relatively low cost-benefit ratio,” Nuri Katz told Business Insider. “Meanwhile, Europe, Cyprus and Portugal are gaining the trust of most investors because of the significant impact on real estate investments. Thanks to this, they can potentially get interesting profit from their investments together with a newly acquired residence or citizenship. ”

Share
Pin
Tweet
Send
Share
Send

Watch the video: 10 Countries You Didnt Know Existed (May 2025).

Similar Articles

100 reliable banks in Russia 2019, Forbes rating
Finance

100 reliable banks in Russia 2019, Forbes rating

2020
Top 5 best-selling motorcycles in Russia
Cars

Top 5 best-selling motorcycles in Russia

2020
10 conspiracy theories about coronavirus
Coronavirus

10 conspiracy theories about coronavirus

2020

Leave Your Comment

Recommended

Rating of candidates for the presidency of Ukraine 2019

Rating of candidates for the presidency of Ukraine 2019

2020
10 heaviest metals in the world in density

10 heaviest metals in the world in density

2020
The largest collection of LEGO Star Wars (Lego Star Wars)

The largest collection of LEGO Star Wars (Lego Star Wars)

2020
15 best action scenes of the decade

15 best action scenes of the decade

2020

Popular Categories

  • Favorite
  • Medicine
  • Articles
  • Information and News
  • Technics
  • Books
  • Food and drink
  • Tourism
  • Coronavirus
  • Sport

Recent

The largest passenger aircraft

The best way to keep your child safe in the car

10 best online clothing stores in Russia, rating list

10 smallest cities of Russia by population

Top 5 Chinese laptops and tablets in the style of Apple

Top 10 countries with the highest fines for traffic violations

Actual

The 10 best laptops of 2018 in terms of price / quality
Technics

The 10 best laptops of 2018 in terms of price / quality

2020

A laptop is not a luxury, but an indispensable thing in the country, on travel or at school. It is convenient when all the necessary work programs, as well as reading, music and video are always at hand. It’s better to look for a suitable option in advance, because the New Year sales season is not far off when good laptops ...

Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

The very first computer in the world

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

10 most famous animals in history

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

The cheapest New Year tours 2018-2019, OneTwoTrip rating

2020
Jokowi supporters try to prevent anti-Jokowi activist from entering Batam

Rating of the best MP3 players of 2019

2020

The best in the world

The best in the world.

Recent

  • Top 10 most anticipated smartphones of 2013
  • The largest foreign companies in Russia, Forbes rating 2017
  • IPhone 6 Review - Features, Differences (+ Video)

Popular Categories

  • Ratings
  • Cars
  • Cars

© 2025 https://efuc.org

  • Articles
  • Food and drink
  • Games
  • Nature
  • Tourism
  • Medicine
  • Books
  • The most in the world
  • Technology Reviews and Tests
  • Coronavirus

© 2025 https://efuc.org