Are you looking to become a citizen somewhere else? Maybe you are retired and want to enjoy living abroad. Maybe you visited a certain country and fell in love and don’t want to leave. Or maybe you are on the run from the law and need a place to lay low until the heat dies down. While this post won’t help you on that last point, you will find out which countries offer quick citizenship so you can start enjoying life there as soon as possible.
5 Countries For Fast Dual Citizenship
This is a tiny island in the Caribbean that offers a fast path to citizenship. It shouldn’t be mistaken for the Dominican Republic, which is a separate country entirely.
To get started with becoming a citizen, you either make a monetary payment of $100,000 or purchase a property worth $200,000. In addition to this, you must complete an application for the government to approve. At this time, there is no interview requirement to become a citizen of Dominica.
#2. St. Kitts and Nevis
St. Kitts and Nevis, also in the Caribbean is another quick place to get a second passport. In fact, you can get a passport here in a couple of months.
As with Dominica, you need to make either a monetary payment or purchase real estate. For St. Kitts and Nevis however, the payment is $250,000 to their Sugar Industry Diversification Foundation or a $400,000 real estate purchase.
While it is more costly to get citizenship here, there are a few notable benefits. First, citizens are not levied a personal income tax and second, a St. Kitts and Nevis passport allows you to visit over 130 other countries without a visa.
If the Caribbean isn’t your thing but Europe is, look no further than Portugal. There are numerous added benefits of becoming a citizen of Portugal. Namely, since Portugal is part of the European Union, you can travel throughout the other EU countries with ease. You can also live and work in any of these countries as well, for as long as you would like.
To obtain your passport, you need to make a property investment of 500,000 Euros.
If you like the thought of Portugal but don’t have the money, then Guatemala might be just as good. The reason being is that with a passport from Guatemala, you have access to all of the Eastern and Western European countries. While it won’t give you the same freedom to live and stay like a passport from Portugal, having a Guatemalan passport is a great option for travelers.
The cost of a passport is just $60,000 and can be approved in as little as 45 days!
#5. Hong Kong
While not cheap, getting citizenship in Hong Kong is one of the easier Asian countries ones to do so. The cost of a passport here is $1.3 million. However, there are many benefits to doing this.
First, you experience a low income tax rate, currently at 15%. Second, healthcare is super low cost. You would pay just $13 to see a specialist. And this doesn’t mean the healthcare isn’t great in Hong Kong. It is actually rated very highly.
Of course this post only lists the five countries that offer a quick path to citizenship. There are many other countries that offer a second passport through citizenship. In fact, depending on how much money you are willing to pay for a second passport, your choices are almost unlimited.
So start out by learning about the investment process and then take some time to check out the possibilities for the countries that interest you the most.