Even if citizenship selling sounds like a weird idea, you will be amazed when we will tell you which countries will give citizenship very cheaply.
The option of becoming a citizen through investment is getting more and more popular. There are some countries around the globe which lack sufficient internal funding for infrastructure development despite having a lot of land or resources. So, they give the option to foreigners to invest in selected sectors of the country in exchange for a citizenship. This is beneficial for the investors too because they can invest in a different land, and also get the citizenship of another country. Often times, the citizens of these countries get to travel to lots of countries without any visa requirement. So, that is also a benefit for investors from countries with weak passports. The investor doesn’t even have to let go of their previous nationality either. So, it is a win-win situation for all parties.
Cyprus and Malta are two countries which require investments over $1 million. But the perk is that they are both members of the EU and so, you actually get an EU citizenship. This opens a lot of doors for you because you then get to travel to more than 150 countries including Canada and USA. The other countries on the list are Caribbean island nations. All of them are beautiful spots for vacationing because of their wonderful coastlines and beaches. But they are looking for your investment too. Dominica will let you have a citizenship with an investment of $200,000 in their designated property. You don’t even need to go there for the paperwork, but with only a week’s stay in several years, you will enjoy visa free travel to more than 100 countries.
There are different options and opportunities for you to invest in. Check out Insider Monkey’s 7 Cheapest Countries that Sell Citizenship to know more about such options.