Most Affordable Citizenship by Investment 2024
Pursuing citizenship through investment has never been more enticing, and the world of possibilities awaits those seeking to expand their horizons. At UNO Capital, we’re your gateway to the most affordable and advantageous citizenship by investment programs. As the global landscape continues to evolve, the demand for dual citizenship, passport privileges, and residency options has skyrocketed. But which options are right for those with less funds to work with?
Our experienced team of experts is ready to guide you through the many options for those seeking alternative investments and the security of citizenship by investment without spending a fortune. Below, we’ve discussed some of the most affordable citizenship by investment programs available in 2024, making this the perfect place to begin if you’re looking to secure your financial future and global mobility.
Introducing Citizenship by Investment Programs
Citizenship by investment, often referred to as investment migration, is a transformative avenue for affluent investors seeking to broaden their horizons by acquiring additional citizenships. Citizenship can be gained by making donations to the host nation, usually in the form of contributions to national development funds. Alternatively, citizenship can be obtained through investments in real estate.
What was once an exclusive domain for the super-wealthy has evolved into a more accessible realm, with cost-effective residence and citizenship by investment programs, occasionally referred to as golden visas, gaining prominence.
In today’s globalized era, citizenship by investment (CBI) programs transcend traditional borders, providing a pathway to international opportunities. These programs allow individuals to obtain foreign citizenship through strategic financial investments, a mutually beneficial arrangement for investors and the host nations alike.
According to IMI Daily, the investment immigration market’s exponential growth is evident, with a projected revenue of USD 100 billion by 2025 if the current 23% compound annual growth rate (CAGR) persists.
In recent years, countries like Portugal, the UK, Grenada, Antigua and Barbuda, and Vanuatu have reaped substantial financial rewards from their CBI programs. Remarkably, the majority of participants in these programs, nearly 80%, hail from China, highlighting a global trend towards acquiring a secondary passport.
The landscape of CBI programs extends worldwide, with pioneers like Cyprus, Malta, Saint Kitts and Nevis, Dominica, Grenada, and Antigua and Barbuda setting the standard for others to emulate. As more countries join this lucrative arena, residence and citizenship by investment has become an attractive investment strategy for a broader spectrum of investors seeking geographical diversification, enhanced travel privileges, and economic mobility.
So, with all that said, where’s the best place to begin your journey? Which countries represent the most affordable options? Is it financially feasible to obtain citizenship abroad in 2024?
Obtaining the Most Affordable Passports in 2024
To assist you in navigating this dynamic field, we’ve compiled a comprehensive list of the most affordable citizenship by investment programs currently available. Discover the possibilities that await you in 2024 as we delve deeper into these enticing opportunities:
St Lucia (USD 100,000)
Last on this list is a cheap most affordable option with simple investment requirements that’s proven highly popular with investors. Established in 2016, the St. Lucia Citizenship by Investment program offers a cost-effective avenue for investors to become a citizen of St. Lucia through a minimum investment of $100,000, making it one of the most affordable options available.
This program provides a wealth of advantages, including visa-free access to over 140 countries, encompassing the UK and Schengen Area. Holders of St. Lucian citizenship have the freedom to live, work, and study in this beautiful Caribbean nation.
To be eligible, applicants must meet specific criteria, including passing a background check and demonstrating a clean record. The program offers two investment avenues: a contribution to the government’s National Economic Fund or a real estate investment in a designated development area.
Key highlights of the program include its rapid 4-5-month processing time, St. Lucia’s political and economic stability, its desirable climate and natural environment, and excellent connectivity to the US and Europe.
Investors can include dependents, such as children under 30 and parents over 55, providing a flexible and cost-effective path to citizenship for families.
Commonwealth of Dominica (USD 100,000)
One of the most affordable citizenships on this list, the Commonwealth of Dominica’s Citizenship by Investment program, established in 1993, ranks among the world’s oldest and most sought-after CBI initiatives. This program invites individuals and families to acquire citizenship in a stable and highly regarded nation through a minimum investment of $100,000.
Eligibility criteria encompass financial contributions, maintaining a clean record, good health, and a substantial personal net worth. In return, applicants gain full citizenship, including a passport granting visa-free access to over 140 countries, the freedom to reside, work, and study in Dominica, and the valuable ability to pass citizenship to future generations.
Notable program features include its rapid 4–5-month processing time, the inclusion of family members such as spouses, children under 30, and parents over 55 as dependents, and the absence of wealth, gift, inheritance, foreign income, or capital gains taxes. Personal income tax is not levied, and repatriation of profits and imported capital is permitted.
Investment avenues for citizenship encompass contributions to the Economic Diversification Fund (EDF) or investments in government-approved real estate, both offering flexible options to suit diverse investor preferences.
Antigua and Barbuda (USD 100,000)
Established in 2013, the Antigua and Barbuda Citizenship by Investment program offers a cost-effective avenue for high net-worth individuals to attain citizenship in Antigua and Barbuda through a minimum investment of $100,000. This program provides many compelling advantages, including visa-free access to over 150 countries, encompassing the UK, EU, and Schengen Area.
Eligibility for the program requires applicants to be at least 18 years old, undergo a due diligence check, and make a qualifying investment in the country. Investment options include a donation to the National Development Fund, real estate investment, or a business investment.
Noteworthy features of this program include the ability to acquire citizenship in a Commonwealth country, allowing dual citizenship, minimal residency requirements of just five days over five years, and the inclusion of grandparents and parents over 55 as eligible dependents. The processing time is just 6-7 months.
The Antigua and Barbuda passport, ranked as the 28th strongest in the world, opens doors to visa-free or visa-on-arrival access to numerous countries, making it an attractive choice for those seeking global mobility and citizenship at a reasonable cost.
Vanuatu (USD 130,000)
Established in 2017, the Vanuatu Citizenship by Investment program offers a streamlined route to Vanuatu citizenship through a minimum investment, making it one of the most affordable and most accessible options available. The program’s alluring benefits include visa-free access to over 90 countries, a stable political landscape, and a favorable tax regime.
To be eligible for this program, applicants must meet specific criteria, including a clean criminal record, a health check, and providing proof of source of funds. The application process is swift, typically taking just 2-3 months.
Key advantages of Vanuatu citizenship include the option to include spouses and children under 25 in a single application, citizenship for life that can be passed down to future generations, no minimum residency requirement, and no age or education prerequisites. Visa-free travel to over 90 countries.
The Vanuatu Development Support Program (DSP) offers various investment tiers, with the minimum investment starting at just $130,000. This program presents an excellent opportunity for those interested in securing a cost-effective path to global citizenship.
Grenada (USD 150,000)
Grenada’s citizenship by investment program was established in 2013 and has become a great pathway to citizenship in exchange for minimal investment in the country. With this passport, you can access visa-free 141+ countries, low tax rates, and a stable political and economic environment.
Applicants must make a qualifying investment, either in government-approved real estate projects or through a donation to the Grenada National Transformation Fund (minimum contribution of USD 150,000). The application process is streamlined, ensuring citizenship is granted within 5-6 months.
Key program highlights include:
- Rapid citizenship acquisition in 6 months or less.
- The flexibility to live and work in any of the 15 Caricom countries with the same citizenship.
- No residency requirements in Grenada.
- Access to the E-2 treaty investor visa between Grenada and the US, offering green card opportunities and US business ventures.
You must be at least 18 to apply and pass a due diligence background check in addition to making a qualifying investment. Applicants must also have a clean criminal record and demonstrate good character.
St Kitts and Nevis (USD 250,000)
Next up on our list is the St Kitts and Nevis citizenship program, which has existed since 1984 and stands as one of the most venerable and esteemed programs worldwide. It offers a pathway to dual citizenship through an investment in real estate or a contribution to the Sustainable Island State Contribution (SISC).
With this passport in hand, you have visa-free or visa-on-arrival access to 150+ countries, including the UK and Schengen area, along with the privilege of living, working, and studying in the country. Applicants must meet essential criteria, such as a clean criminal record and good health, with a passport obtainable in just 4-6 months.
The aforementioned routes to this citizenship include:
- Sustainable Island State Contribution (SISC)
- Single applicant: $250,000
- Main applicant with spouse: $300,000
- Main Applicant and two or three dependents: $350,000
- Each additional dependent under 18: $50,000
- Each additional dependent above 18: $75,000
Real Estate Investment
- $400,000 in an Approved Development (Resaleable After Seven Years)
- $400,000 in a Designated Approved Private Home Condominium Unit
- $800,000 in a Single-Family Private Dwelling Home, Also Designated as an Approved Private Home
Türkiye (USD 400,000)
First up on this list: Türkiye. The Turkish Citizenship by Investment program, launched in 2018, has become a sought-after choice for global investors and those seeking a second passport or residency in Türkiye. With a minimum investment of USD 400,000, you can secure Turkish citizenship within 5-6 months.
This program offers a wealth of benefits, including access to European and Asian markets, as Türkiye is strategically positioned at their crossroads. You’ll have the freedom to live, work, study, and travel within the country, along with visa-free or visa-on-arrival access to over 110 countries. And you can pass this citizenship down to future generations.
Investors have various options, including real estate investments held for at least three years, bank deposits, capital investments, government bonds, venture capital funds, or real estate investment trusts in Türkiye. And Türkiye’s membership in the UN, NATO, and the G20 ensure global recognition of its passport, making it an invaluable asset.
Come to UNO Capital Today for the Most Affordable Citizenship by Investment in 2024
We are your trusted partner at UNO Capital in securing your dreams of becoming international citizens. With our global expertise in citizenship by investment and residency by investment programs, we empower individuals and corporations to access a future without limitations.
Our bespoke services offer various programs, ensuring the most cost-effective and convenient options. As a government-approved firm, we prioritize confidentiality and offer complimentary VIP services. We cater to clients in the Middle East, Russia, CIS Countries, North Africa, Asia, including China, India, and Pakistan.
Choose UNO Capital for the most affordable and most comprehensive solutions, guiding you towards a secure and rewarding future. Our mission is to provide tailor-made services that ensure stability, safety, health, and education, allowing you to access the future with confidence.
Contact UNO Capital Today!
Ready to embark on your citizenship by investment journey in 2024? We’re here to assist you every step of the way. Call us on +971 4 393 0 393 to speak directly with our specialists. Alternatively, drop us an email at info@uno-capital.com, and we’ll promptly address any inquiries you may have.
If you prefer a convenient online option, our contact form on the website is just a click away. We understand that choosing the right citizenship investment program is a significant decision, and we’re here to provide you with all the information you need to make the best choice for your future.