The year 2024 is all about changes, chaos and bedlam for citizenship by investment programs. The key updates include price rise, strict due diligence and increase in government fees. On top of all these, some countries ban their CBI for some nationalities like Russia and Belarus. Minimum price for Caribbean CBI programs set to 200,000 USD which was 100,000 USD at some point in 2024. Turkey CBI program has already a high price tag starting from 400,000 USD.
3 Affordable Citizenship by Investment Programs for Individuals
There are individuals who seek the affordable citizenship by investment options for themselves. Second citizenship for single applicant is a viable option for many due to various reasons but also requires fewer documentations. Good thing is that CBI programs allow inclusion of family members even after getting citizenship. Let’s explore the 3 affordable citizenship by investment programs for single applicant in 2025.
Nauru Citizenship by Investment Program
Nauru citizenship by investment program is a fresh breeze in the market that is not only an affordable option but also the fastest one. Launched in the end of 2024, Nauru citizenship key attraction include visa free travel to 89 countries including the UK, UAE, Ireland and others. It is to be noted that Nauru passport didn’t grant visa free travel to Schengen countries.
Nauru Citizenship by Investment Cost
With a donation of 130,000 USD to Nauru Economic and Climate Resilience Citizenship Program, individuals can get Nauru citizenship within 90 days only. Applicants can retain their home country citizenship along with citizenship of Nauru. The Nauru Program Office will process the Nauru citizenship application by conducting due diligence and final approval is granted by the Nauru’s cabinet.
Nauru Passport Visa Free Countries
Nauru passport is the 56th strongest passport with visa free and visa on arrival access to 89 countries. Nauru key visa free countries include the UK, Ireland, UAE, Caribbean countries, Malaysia, Hong Kong, Taiwan and Russia. Here is the complete list of visa free countries and destinations with Nauru passport as of December 2024:
Sr No | Country | Status |
1 | Angola | Visa Free |
2 | Anguilla | Visa Free |
3 | Antigua and Barbuda | Visa Free |
4 | Bahamas | Visa Free |
5 | Bangladesh | VOA |
6 | Barbados | Visa Free |
7 | Bermuda | Visa Free |
8 | Bolivia | VOA |
9 | Botswana | Visa Free |
10 | British Virgin Islands | Visa Free |
11 | Burundi | VOA |
12 | Cambodia | VOA |
13 | Cape Verde Islands | VOA |
14 | Cayman Islands | Visa Free |
15 | Comoro Islands | VOA |
16 | Cook Islands | Visa Free |
17 | Costa Rica | Visa Free |
18 | Djibouti | VOA |
19 | Dominica | Visa Free |
20 | Dominican Republic | Visa Free |
21 | Ecuador | Visa Free |
22 | Egypt | VOA |
23 | Eswatini | Visa Free |
24 | Fiji | Visa Free |
25 | French Polynesia | Visa Free |
26 | Gibraltar | Visa Free |
27 | Grenada | Visa Free |
28 | Guam | Visa Free |
29 | Guinea-Bissau | VOA |
30 | Haiti | Visa Free |
31 | Hong Kong (SAR China) | Visa Free |
32 | Iran | VOA |
33 | Ireland | Visa Free |
34 | Israel | Visa Free |
35 | Jamaica | Visa Free |
36 | Jordan | VOA |
37 | Kenya | Visa Free |
38 | Kiribati | Visa Free |
39 | Kosovo | Visa Free |
40 | Lesotho | Visa Free |
41 | Macao (SAR China) | VOA |
42 | Madagascar | Visa Free |
43 | Malawi | Visa Free |
44 | Malaysia | Visa Free |
45 | Maldives | VOA |
46 | Marshall Islands | VOA |
47 | Mauritania | VOA |
48 | Mauritius | Visa Free |
49 | Micronesia | Visa Free |
50 | Montserrat | Visa Free |
51 | Mozambique | VOA |
52 | Nepal | VOA |
53 | New Caledonia | Visa Free |
54 | Nicaragua | VOA |
55 | Niue | Visa Free |
56 | Northern Mariana Islands | Visa Free |
57 | Palau Islands | VOA |
58 | Palestinian Territory | Visa Free |
59 | Panama | Visa Free |
60 | Papua New Guinea | VOA |
61 | Peru | Visa Free |
62 | Russian Federation | Visa Free |
63 | Rwanda | Visa Free |
64 | Samoa | VOA |
65 | Seychelles | VOA |
66 | Sierra Leone | VOA |
67 | Singapore | Visa Free |
68 | Solomon Islands | VOA |
69 | Somalia | VOA |
70 | South Korea | ETA |
71 | Sri Lanka | ETA |
72 | St. Helena | VOA |
73 | St. Kitts and Nevis | Visa Free |
74 | St. Lucia | Visa Free |
75 | St. Vincent and the Grenadines | Visa Free |
76 | Suriname | Visa Free |
77 | Taiwan (Chinese Taipei) | Visa Free |
78 | Tanzania | Visa Free |
79 | Thailand | VOA |
80 | The Gambia | Visa Free |
81 | Timor-Leste | VOA |
82 | Tonga | VOA |
83 | Trinidad and Tobago | Visa Free |
84 | Tuvalu | VOA |
85 | United Arab Emirates | Visa Free |
86 | United Kingdom | Visa Free |
87 | Vanuatu | Visa Free |
88 | Zambia | Visa Free |
89 | Zimbabwe | Visa Free |
Dominica Citizenship by Investment Program
Dominica is a Caribbean country that is known as most affordable citizenship by investment program. After price rise in mid of 2024, Dominica citizenship by investment program requires 200,000 USD and grants citizenship to an individual and up to 3 dependents. Dominica citizenship processing time is around 6 months and there is no mandatory visit requirement to become a citizen of Dominica.
Dominica Citizenship Investment Options
The thing that makes Dominica CBI program really unique is the same price for donation and real estate investment which no other CBI country offer. This means, its upto you to either donate 200,000 USD or invest in real estate, you are treated equally.
Dominica Passport Visa Free Countries
Dominica passport rank in 2024 is 33 and permits visa free travel to 145 countries. Dominica passport holder need no embassy appointments or prior visa approval before travelling to 29 Schengen countries, China, Russia, Hong Kong, Malaysia, Singapore and others. You can earn 2 to 5% return by renting your property and can sell property or share after 5 years. Dominica citizens are exempt from wealth tax, tax on gifts, no inheritance tax and low taxes on income generated within Dominica.
Antigua and Barbuda Citizenship by Investment Program
Antigua and Barbuda citizenship by investment is one of the most attractive CBI programs. An investment of 230,000 USD is minimum requirement for citizenship to the main applicant along with 3 eligible dependents. With 3 to 6 months processing time, Antigua citizenship process is fast and there is no mandatory residence requirement.
Antigua and Barbuda Passport and Visa-Free Travel
The Antigua and Barbuda passport is ranked 33rd globally and allows visa-free or visa-on-arrival access to 150 countries, including some of the world’s most desirable destinations. Citizens enjoy hassle-free travel to the Schengen Area of Europe, the United Kingdom, Hong Kong, Russia, Singapore, and many other global locations. This provides significant flexibility and convenience for international business and leisure travel.
Tax Benefits
Antigua and Barbuda is known for its a favorable tax environment including no wealth tax, inheritance tax, or tax on worldwide income. The country also provides a low-tax regime for individuals, making it an appealing destination for international investors and high-net-worth individuals.
Conclusion
In the time of chaos and political uncertainty, holding a second citizenship is a must have Plan B that brings multifold benefits. Apart from travelling freedom, a dual national has the protection of consular in various countries that a person with one citizenship can’t have. Citizenship by investment not only open business market for people from poor travel mobility but also provide a better way of living for individuals and their families.