Years ago, obtaining a foreign passport was no small undertaking. It would often require substantial real estate investments, and interested parties were required to live “in-country” for several years. Some countries even required a renunciation of citizenship from the applicant’s home country.
Over the years, however, the demand for foreign passports has skyrocketed, and citizenship by investment programs (CIP) have been on the rise. More often than not, the people who seek out secondary citizenships are looking for political or economic safe havens. Citizenship by investment programs are also quite attractive because while visas are subject to frequent changes in the law, once issued, citizenship that is bought and paid for cannot be taken away.
Moreover, people are increasingly viewing foreign passports as a necessity, not just a status symbol. What used to be a luxury, foreign passports are now considered an indispensable must-have in a volatile world.
Not sure which countries offer citizenship by investment? Here’s the latest list:
Antigua and Barbuda
St. Kitts And Nevis
Have you thought about buying citizenship?
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