In recent years, different countries in the world began to open citizenships for investment programs. According to recent studies done by private entities, these are some of the best second passports and citizenship by investment programs in the world.
The passport of this Caribbean island is one of the most wanted by entrepreneurs in the world due to its low price and the multiple benefits it offers. Obtaining one of these documents can take between 2 to 4 months of paperwork and investments in areas such as real estate or National development foundations.
The second passport and citizenship by investment programs in Austria have been placed in the gold standard category. One of its major benefits is that it offers visa-free travel to more than 170 countries. Even though is one of the most expensive passports to obtain, is very popular in the world.
This country offers one of the best CBI programs on the European continent. Bulgaria has become one of the most popular destinations for investors due to its strategic position in the European Union, which is perfect for business.
Cyprus is a popular and well-respect European island that has a major hub for international trade. It needs a 100% Real Estate Investment and no residency is required. The process can take up to 3 to 4 months.
This beautiful Caribbean island offers one of the best Citizenship by investment programs for individuals or families in the world. Dominica has the lowest crime rate in the region and is politically and economically stable. The application can take from 1 through 3 months.
Considered as one of the best passports and citizenships in the world due to its economic power and business acumen. No Minimum Residency Required and you will have the freedom to live and work anywhere in western Europe for unlimited time.
The Guatemalan passport is very popular due to the affordable living costs, discreet banking and a favorable tax-system offered. The price to obtain a second passport can go from $60K to $100K in investment.
This Caribbean island has an excellent citizenship by investment program. The process is kept strictly confidential and it needs an investment to an approved government program
Malta passport is in the top ten most valuable travel document in the world. The citizenship also gives you the opportunity to live and work in any country of the European Union.
Has one of the world’s most well-established program and offers a citizenship within 4 months, depending on the type of investment they choose. Is good to mention that the investment must be held for at least 5 years.
|Country of Citizenship||Express Entry ITAs — 2016||Country of Citizenship||Express Entry ITAs — 2017|
|United States||1,319||4%||United Kingdom||2,652||3%|
|Ireland, Republic Of||1,227||4%||United States||2,030||2%|
|Australia||849||2%||Ireland, Republic Of||1,274||1%|
This data along with other interesting insights from the Express Entry pool were revealed as part of Immigration, Refugees and Citizenship Canada (IRCC)’s review of the Express Entry economic immigration system in 2017.
Below, in alphabetical order, are five nations that make it especially difficult for foreigners to establish permanent residency or obtain citizenship:
Many EU countries have tough immigration laws, but Austria seems to have one of the longest processes to become a citizen. Anyone who is not a citizen of an EU country and is staying longer than six months must have a resident permit before entering the country.
People who plan to stay longer than 24 months must also sign an Integration Agreement, a process designed to enhance their German-language skills and ability "to participate in the social, economic and cultural life in Austria."
Permanent residents must live in the country continuously for a period of 15 to 30 years before being eligible to apply for citizenship. If approved, applicants must renounce any other citizenship.
Obtaining permanent residency in Germany is difficult unless you are a citizen of another EU country. Other foreign nationals must have lived in Germany for at least five years and demonstrate competency in language and knowledge of the political system and society. Applicants must also demonstrate that they have the ability to earn a living and have contributed to the national pension plan. They must also have proof of suitable accommodation.
To become a citizen, applicants must have lived in the country at least eight years (seven, if they’ve passed a competency test) and renounce citizenship in any other country.
It takes longer to be granted a permanent resident visa in Japan than to become a citizen. People who want to establish permanent residency must have lived in the country for at least 10 continuous years.
Those who want to become a citizen of Japan must have lived in the country for five years, receive permission from the Justice Minister and complete a slew of paperwork (some have complained of unnecessary questions involving their personal lives). The process, according to the Japanese Ministry, can take six to 12 months, although those who have gone through it have reported that it can take years. If approved, applicants must be ready to renounce citizenship in other countries.
To obtain a settlement, or permanent residence visa (unless you are an EU citizen), you must have lived in the country for 10 years. If you qualify for permanent residence by the length of time you have lived in the country, you also qualify to apply for citizenship, but that is not guaranteed; applicants for citizenship must also prove they are assimilated into Swiss society and do not pose a threat to security. What's more, all cantons and municipalities have their own rules about granting citizenship. Switzerland permits dual citizenship.
While the United States was founded mostly by immigrants, the process for achieving permanent residency and citizenship has become even more complicated since the early 2000s and the war on terrorism. Unless a person is coming to the U.S. through family or an approved job, it is very difficult to establish permanent residency (sometimes known as receiving a green card). There are special categories for those seeking refugee or asylum status, and a lottery for others who wish to apply.
Those who have had permanent residency status for five years can begin the process of applying for citizenship by filling out the application and taking a test, which includes knowledge of history/government and English. Before becoming a citizen, people must swear an oath to the Constitution. The United States permits dual citizenship.
Moving from a temporary visa to permanent resident status – or citizenship – is particularly difficult in some countries. Stay on track with each step and keep the faith – because a few do succeed.