Citizenship by investment programs is a route for people to be a part of a more prosperous and developed nation. The main aim of second citizenship is to cross the barrier of restricted travel access due to the first passport with a poor mobility score. For example, passport holders from some Asian countries may have restricted access and must meet the strict criteria for visa approvals from first-world nations.
There are many countries offering CBI programs. However, it is of paramount value to choose the best option that aligns with your personal goals. We will explore this list, the benefits of the CBI program for these countries, and some key considerations when choosing an investment program for a second passport.
Best Citizenship by Investment Program – Which Countries are Trending
Citizenship by investing in a country is a tailored approach for a person seeking a quick and reliable option. This way, you can bypass requirements like a lengthy stay in a country. Thus, you are free to move anytime and anywhere.
Here is the list of most in-demand countries offering citizenship by Investment programs:
Dominica Citizenship by Investment Program
For people seeking an easy citizenship option, Dominica tops the list of trending countries due to the unique features of its program. There is no need to be physically present for the process; the program requires only USD 100,000 to become eligible for citizenship. Being a former British colony, citizenship of Dominica allows citizenship through an investment program.
With a mobility score of 132 in 2024, a 100,000 USD contribution to the Economic Development Fund, and no physical residency requirement, Dominica is also the best option in 2024 for people seeking visa-free entry into Europe. You can visit any of the Schengen countries for 90 days without the need for a visa. The only requirement is a passport with 90 or more days of validity. A Dominica citizen can reside in the UK for 6 months without leaving the country.
Key Features of Dominica CBI
Following are the key features of Dominica CBI that make the country the first choice for people searching for a powerful passport:
- 100,000 USD contribution to the Economic Development Fund
- Real estate investment of USD 200,000 in an approved project
- Fast track citizenship processing time of 4 months only
- No residency or language test requirement
- Family including spouse, children under 31, parents, and grandparents 65 and above
List of Banned Countries for Dominica Citizenship
As per the Dominica government website for citizenship, the Nationals of Belarus, Russia, Northern Iraq, Yemen, North Korea, and Sudan are banned from applying for citizenship.
Donation for Dominica Economic Diversification Fund
| Number of People Eligible for Citizenship | Donation |
| Single Applicant | USD 100,000 |
| Main Applicant with Dependent Spouse | USD 150,000 |
| Main Applicant with Dependent Spouse and two children | USD 175,000 |
| Additional Dependents | USD 25,000 each |
| Siblings 18-25 Age | USD 50,000 each |
Benefits of Dominica Citizenship by Investment
- English is the official and universally spoken language
- Improves mobility
- Minimum tax, No wealth tax, no tax on gifts, inheritance, foreign income, or capital gains from property or investment
- No need to denounce your previous citizenship
- Become a part of a country with double taxation treaties with the USA and the CARICOM
- Duty-free access to Caribbean countries
- Can expand the business to tourism, agriculture, and manufacturing industries
Antigua and Barbuda Citizenship Program by Investment
Antigua and Barbuda is also one of the trending names offering citizenship through investment. The quick and easy process, increased mobility, and access to world-class living facilities rank the country on top among people seeking a second citizenship option.
As per the Passport Index website, the passport holders of Antigua and Barbuda get visa-free access to 98 countries, 5 countries offer ETA (electronic travel authorization), and 39 countries grant visas on arrival. The Antigua and Barbuda passport power rank is 23 in 2024 which means 71% world reach.
Famous Visa-Free Countries for Antigua and Barbuda Passport Holders
As per 2024 statistics, the passport holders of Antigua and Barbuda get visa-free access, ETA, and visas upon arrival from 140+ countries. The list includes Austria, Bahamas, Belgium, Brazil, Cyprus, Estonia, France, Finland, Germany, Greece, Hong Kong, Hungary, Italy, Malaysia, Norway, the United Kingdom, Russia, South Africa, and the list goes on. You can stay for 90 days in Schengen countries while the UK grants 180 days of stay without a visa requirement. This makes the citizenship by investment program for Antigua and Barbuda a hot favorite option.
Requirement of Citizenship for Antigua and Barbuda
The Antigua and Barbuda CBI program allows individuals and families to be a part of its diverse culture by investment. With a short processing time, the country is an attractive option for people seeking second citizenship and to improve their mobility score.
The diverse investment options include:
- Real estate purchase with $200,000
- Donation of $100,000 to the national development fund
- Contribution of $150,000 to the University of West Indies
- Direct purchase of a business by an individual with a worth of USD 1.5 million or more
Grenada Citizenship Program by Investment
Unlock the pool of benefits with Grenada citizenship by investment program that allows easy access to 136+ countries in 2024. The Grenada dual citizenship allows you to travel, live, and work in countries including Antigua and Barbuda, Dominica, Saint Lucia, Saint Kitts and Nevis, and Saint Vincent. Thanks to the freedom of movement right granted in Article 12 of the Protocol of the Eastern Caribbean Economic Union of the Revised Treaty of Basseterre. With these features, Grenada became the third most in-demand and trending option for people seeking a second passport.
How to Get Grenada Citizenship?
Grenada citizenship by investing includes donating to the National Transformation Fund or investing in a real estate project. The non-refundable donation must be USD 150,000 or more to become eligible for the program. Investing in real estate requires investment in government-approved projects with a minimum threshold of USD 220,000 and a 50,000 non-refundable contribution.
Grenada Citizenship by Investment Real Estate
The real estate investment for Grenadian citizenship includes two options. Real estate option 1 requires a USD 350,000 contribution for individual applicants with USD 50000 as a government fee. Real Estate Option 2 requires a minimum of 220,000 for each share in the unit. The good thing is that you can include four or even more family members. As the tourism industry is the main contributor to the economy of Grenada, the government-approved projects mainly include hotels, villas, and resorts.
Does Grenada Offer Dual Citizenship?
Yes, Grenada supports dual citizenship, and you need not denounce the citizenship of any other country.
What are the Grenada Citizenship Benefits?
Being a citizen of Grenada, you get visa-free, visa on arrival, or electronic travel authorization for 136+ countries. The list includes all Schengen countries with a 90-day stay without a visa and United Kingdom visa-free access with a 180-day stay. Further, you can avoid property purchase taxes that a non-national has to pay. A non-national must obtain a Land Holding License, which is equivalent to 10% of the price of the plot.
Turkey Citizenship by Investment
Turkey, known as Türkiye, is a major tourist destination, an EU candidate, a member of NATO, G20 and OIC, and the 11th largest economy in terms of GDP by Purchasing Power. The country launched its citizenship through an investment program in 2017. The Turkish citizenship program allows easy access to 128 countries with visa-free access, visa on arrival, and ETAs. With a strong economy, the gate to Europe, and a candidate for EU membership, Turkey’s citizenship is a hot favorite among the masses.
Investment Options for Turkish Citizenship
- Invest in Real Estate with USD 400,000 or more
- Fixed capital contribution with a minimum amount of USD 500,000 or more
- Bank deposit of USD 500,000 or more
- Invest USD 500,000 or more in government bonds
- Invest USD 500,000 or more into a private pension system for three years or more
Benefits of Holding a Turkey Passport
The Turkish passport is one of the most powerful passports that allow visa-free or visa-free arrivals in 125+ countries. The country is also in the process of becoming an EU state, which will also benefit people to travel without a visa for Schengen countries. Having a Turkey passport, you can travel visa-free to Hong Kong, Japan, Singapore, Malaysia, Russia, Brazil, and Caribbean countries.
You will enjoy the mild Mediterranean climate with a high standard of living while you also become eligible for a USA E-2 Investor visa. You also get visa-free access to Eurasian markets to find new business opportunities. The Turkish citizenship decision typically takes 3 to 5 months time period, while you need not to be physically presence in country for a specific time.