A lot of States offer citizenship by investing in the country. Such programs are popular not only in Europe and the Caribbean but throughout the world. In most cases, it is necessary to purchase real estate of a specific value and the procedure for obtaining a residence permit is greatly simplified. But each country has its own conditions of such investments, which you need to know in advance.
Citizenship by investing in the country: how much to pay
Last year, Antigua and Barbuda simplified some of the processes for obtaining citizenship when buying real estate. Now the minimum cost of the housing stands at 200 thousand dollars, in addition, the security check when issuing a new passport is free now.
The popularity of Bulgaria is increasing. With every year increases the number of applications for which it is possible to issue citizenship by investing in the real estate market of the state. To do this, you should purchase housing, which costs a minimum of 512 thousand euros.
Last year Egypt introduced a state program that gives the opportunity to obtain citizenship and residency. Key points are similar to the conditions that apply in Bulgaria. To become a resident of the country for 5 years, you need to invest 390 thousand dollars. After this period, if the amount is not returned, a passport and citizenship are issued. However, the latter has no political rights which are available only after 10 years of living in Egypt.
In 2018 Moldova launched its program to provide citizenship by investing. The minimum amount to participate is 100 thousand euros. The money will go to the Public Investment Fund. At the same time, the resident receives visa-free travel with other EU countries and the opportunity to participate in the E2 program, which involves obtaining a nonimmigrant investor visa to the United States.
Turkey simplified the system of registration of citizenship. Now a passport can be obtained in just 3 months and the deposit amount is 250 thousand dollars. When buying real estate, you can’t sell it within 3 years. In addition to such investments, you can still invest in the basic capital of 500 thousand dollars.
To become a citizen of Montenegro, it is necessary to pay 100 thousand euros in the form of non-repayable subsidies, which does to the development of remote regions of the country. Investors should also adhere to certain rules. For example, investments in coastal areas are required 450 thousand Euro, and in Northern or Central – 250 thousand euros.
Among the people who want to get a residence permit when buying real estate, popular destinations are European countries such as Portugal, Spain, Greece. The growing interest in Australia, although there is a scheme of obtaining citizenship is quite troublesome – only application process can take up to 16 months.