Did you know that you could become a citizen of a new country, get a new passport, and belong to a new nation in less than six months? There are many countries around the world that offer their citizenship in exchange for an investment or a legal payment. In this article, I'll explain the three passports that I recommend for fast, affordable, and hassle-free acquisition.
The first country available is in the Caribbean and it's called Dominica. It's a beautiful island with access to many countries around the world. They recently gained access to China, as well as all of Europe. The process is straightforward: invest $100,000 USD, and you'll receive a 10-year passport that can be renewed. You can also add more people to the application for an additional fee.
What makes Dominica different from other countries that offer citizenship by investment?
No tax on your global incomes: If you don’t live in the country, your income won’t be taxed. In other words, if you aren’t a resident, Dominica’s officials won’t come after your income.
Optimize your taxes: There is no wealth, gift, inheritance, or capital gains tax in Dominica.
Dual citizenship: You can enjoy a Dominica passport and remain a citizen of another country or countries. Along with your Dominica citizenship, you will get the ability to vote and purchase property, as well as the possibility to live and work in Dominica.
Visa Free-Access: This program allows you to travel throughout 145 countries.
‘Fast’ citizenship: You don’t need to pass history or language exams or have an interview in order to obtain a Dominican passport.
The second passport I recommend is from Saint Kitts and Nevis. Here you have to invest $150,000 USD in this country and you receive their passport and citizenship. They currently offer a discount, with a single applicant fee of $125,000 USD. It provides better travel freedom than Dominica and has been running for decades, improving its due diligence process. This is also a tax-free country so if you were to move to Saint Kitts and Nevis then you can also pay zero taxes on your personal income and on all your crypto and capital gain so you'd pay zero percent tax.
What are the benefits of this citizenship?
Entire families are eligible Including spouse, children, parents and grandparents.
Fast-track citizenship acquisition Second passport in 45-60 days through accelerated application process.
Visa-free access to 150+ countries St. Kitts and Nevis passport is ranked 26th in the World, It gives you visa-free access to all of the EU, UK, and Russia, among others.
Attractive tax regime: no tax on income, wealth or inheritance.
No residence requirements: No physical residency required with an option to obtain a second passport remotely.
Dual citizenship: St. Kitts & Nevis allows for dual citizenship
The third country I suggest is Antigua and Barbuda, another Caribbean country that offers tax-free status. It has 365 beautiful beaches and provides citizenship for a $100,000 USD donation plus $30,000 USD in fees. Antigua and Barbuda is not as well-known as Saint Kitts and Nevis, which can be an advantage for certain purposes.
Visa-free access To over 150 nations (incl. UK, EU Schengen Area etc.).
Favorable tax: The country has no capital gains, gift, wealth, inheritance, or real estate tax. Income tax is not charged on income that’s generated outside of the country
Family friendly: One of the cheapest programs for families.
Cryptocurrency: Bitcoin is increasingly accepted for investment payment.
Dual citizenship for life: You will get to enjoy your citizenship for life and the same goes for your children.
Fast processing time: The total time it takes, from the lodging of your application to actually holding your passport in your hand is relatively quick, especially when compared to European CBI programs.
These countries are part of the organization of eastern Caribbean States. If you have one of these passports and one of the citizenship it means that you can live in all the other countries in the organization similar to how the EU works.
So, if you are interested in finding out more about citizenship by investment programs and its opportunities to develop business, contact us today! Below this article, you will find a link to set up a free fifteen-minute consultation with us to discuss your options further.
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