How to Apply for Citizenship by Investment in 2024

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Are you facing global mobility issues? One way of making yourself more mobile on a worldwide basis is acquiring a second citizenship. So, let’s show you how to apply for Citizenship by Investment in 2024.

What Is Citizenship by Investment?

Citizenship by Investment is a way to green-light your route to a new nationality. Invest in a country and you receive citizenship in return. Once you have that, you can apply for a passport to ease any global mobility issues with access to a greater number of visa-free countries.

How to Apply for Citizenship by Investment in Countries Offering CBI

The CBI hotspot is, appropriately enough, in the Eastern Caribbean. This is where it all started, with St Kitts and Nevis launching the world’s first Citizenship by Investment in 1984. There are also programmes in Asia, Europe, and Oceania.

Antigua and Barbuda

Antigua and Barbuda’s CBI Programme gives you the chance to enhance your global mobility. How to apply for Citizenship by Investment in Antigua and Barbuda? To qualify, you need to meet the following requirements:

1. Be 18 years old or older
2. Also, have a blemish-free criminal record
3. Next, take a health assessment
4. Then, attend a mandatory virtual interview along with dependants aged 16 and above
5. Finally, spend five days in the country within your first five years of citizenship

There are four investment options:

1. Either, make a $100,000 donation to the National Development Fund
2. Or, buy a property or invest in approved developments worth at least $200,000
3. Alternatively, inject $1,500,000 capital into an approved business
4. Contribute $150,000 to The University of the West Indies Fund as a family of 6

Benefits include:

1. 0% income tax to pay if you become a Caribbean tax resident in Antigua and Barbuda
2. Your dependants can number brothers in law, children, future spouse, grandparents, parents, siblings, sisters in law, and spouse
3. One family member is eligible for a one-year, tuition-only scholarship at The University of the West Indies if you choose the fourth option

Dominica

Invest in Dominica citizenship and you can become more globally mobile. How to apply for Citizenship by Investment in Dominica? To be eligible, you must meet the requirements below:

1. Be at least 18 years of age
2. Have no criminal record
3. Possess good character
4. Complete a Medical Questionnaire to the satisfaction of a health professional
5. Schedule a mandatory online interview along with all dependants aged 16 and over

There are two investment options:

1. Contribute $100,000 to the Economic Diversification Fund
2. Invest at least $200,000 in government-approved real estate development

Benefits include:

1. Spend as much or as little as time as you like in Dominica as there is no minimum stay required for investor citizens
2. You can include qualifying dependants such as your spouse, children or stepchildren up to the age of 30 in full-time study, and parents, grandparents, parents in law, or grandparents in law aged over 65

Grenada

Citizenship by Investment in Grenada rewards you and your dependants with greater freedom of movement. To qualify, you must meet these requirements:

1. Be 18 or older
2. Have not received a custodial sentence of more than six months
3. Be capable of proving the legality of your income
4. Prove your good health
5. Set up a mandatory online interview for you and dependants aged 17+

There are two investment options:

1. Donate $150,000 to the National Transformation Fund
2. Purchase a $220,000 share in a government-approved real estate development

Benefits include:

1. No need to relocate to Grenada
2. You can apply with your spouse, along with dependent children and parents

Malta

Maltese Exceptional Investment Naturalization (MEIN) leads to a passport enabling visa-free travel to more than 180 countries. That is if you meet the conditions below:

1. First, be no less than 18 years old
2. Second, state your source of funds and wealth
3. Next, complete a medical report and questionnaire
4. Also, display a clean criminal record
5. Lastly, make a charitable donation of at least €10,000 to an approved philanthropic, cultural, sporting, scientific, animal welfare, or artistic NGO

There are two investment options:

1. Demonstrate proof of residence in Malta for 12 months and pay €750,000, purchase residential real estate in Malta worth at least €700,000, or rent a residential property in Malta for a minimum of €16,000 per year
2. Show proof of residence in Malta for 36 months and pay €600,000, buy residential real estate in Malta worth a minimum of €700,000, or rent a residential property in Malta for at least €16,000 per year

Benefits include:

1. A European base
2. English as one of two official languages
3. Relocating to a family-friendly country with a low crime rate

St Kitts and Nevis

With St Kitts and Nevis Citizenship by Investment, you can fast track your global mobility options. Provided you fulfill the following requirements:

1. Firstly, be no less than 18 years old
2. Secondly, have not been denied a citizenship of any other country
3. Thirdly, not be a national of Afghanistan, Belarus, Iran, Iraq, North Korea, or Russia
4. Next, have been refused a visa to any country to which St Kitts and Nevis citizens have visa-free access
5. Also, make an appointment for a mandatory online interview for you and dependants aged 16 and above

There are three main investment options:

1. Make a $250,000 Sustainable Island State Contribution
2. Invest $400,000 in the Developer’s Real Estate Investment Option or the same amount in an Approved Private Home (rising from $400,000 for a condominium unit to $800,000 for a family residence)
3. Contribute $250,000 to an Approved Public Benefit Project

Benefits include:

1. Help the islands increase local food production, switch to green energy, broaden their economy, embrace sustainability, and recover from the after-effects of the pandemic
2. Becoming a dual citizen without having to renounce your original citizenship
3. Avoid having to relocate to the islands unless you want to take advantage of the Caribbean’s celebrated tax residency
4. Getting your application processed quicker thanks to a more exclusive price

St Lucia

By choosing a St Lucia Citizenship by Investment option, you can travel more easily. You need to be able to tick off the following requirements:

1. First, be 18 years or older
2. Next, clear the island’s due diligence checks including Applicant Interview and Identifying Process for you and dependants aged 16 and above
3. In addition, commit to paying non-refundable administrative, due diligence, and processing charges
4. Also, demonstrate you have the funds to match the minimum investment amounts

Take your pick of three investment options:

1. Invest $100,000 in the National Economic Fund
2. Pay $300,000 for National Action Bonds
3. Purchase a minimum $200,000 share in an approved real estate development

Benefits include:

1. No need to demonstrate proficiency in English
2. Maintain your base in your home country if you prefer
3. Eligible dependants include your spouse, children or stepchildren under 30 fully supported by you, physically or mentally challenged children, parents, or stepchildren of any age, and unmarried siblings under 18
4. After receiving your Certificate your Registration, you can use your new citizenship to apply for a St Lucia passport

Türkiye

By applying for Türkiye Citizenship by Investment, you move one step closer to landing a passport offering visa-free access to over 110 countries. You must satisfy the following requirements:

1. Firstly, be 18 years or above
2. Secondly, show that your financial commitment to Türkiye is legal
3. Next, establish you have a clean criminal record by presenting a Police Clearance Certificate from your home country
4. Also, prove that you are of good health and are free from any serious illnesses
5. Lastly, maintain your Turkish investment for no less than three years

Choose from six investment options:

1. Either, buy Turkish real estate worth at least $400,000
2. Or, arrange a deposit of a minimum $500,000 in a Turkish bank
3. Alternatively, purchase real estate or venture capital shares worth at least $500,000 share
4. Invest a minimum $500,000 in fixed capital in Türkiye
5. Buy Turkish government bonds worth at least $500,000
6. Launch a start-up in Türkiye that creates a minimum of 50 jobs for Turkish citizens

Benefits include:

1. Become eligible to apply for a US E-2 Investor Visa
2. Claim a Turkish passport in as little as four months
3. Travel without a visa to over 110 countries, including Japan
4. Set up in a business with a time zone that is friendly to both European and Middle-Eastern markets

Vanuatu

Vanuatu Citizenship by Investment is a one-way ticket to a passport offering visa-free access to over 90 countries. You need to meet the following requirements:

1. First, be 18 years or above
2. Second, provide a Police Clearance Certificate from your country of origin
3. Then, supply a medical certificate to show that you are in good health
4. Next, include a copy of a bank letter or statement to demonstrate your solvency
5. Also, establish the legality of your investment

There is one confirmed investment option:

1. Donate $130,000 to Vanuatu’s Development Support Program

Benefits include:

1. Become a tax resident in Vanuatu where there is no personal income tax, capital gains, or withholding tax
2. Enjoy visa-free access to countries and jurisdictions including Hong Kong, Israel, Palestinian Territory, and Singapore

How Long is Your Citizenship Valid For?

Your citizenship in Antigua and Barbuda, Dominica, Grenada, Malta, St Kitts and Nevis, St Lucia, Türkiye, and Vanuatu is for life. This right extends to your family as well. However, after receiving your passports, you will have to renew them every five years for children under 16 and 10 years for adults.

How to Apply for Citizenship by Investment with RIF Trust

This is a broad overview of Citizenship by Investment that, by the way, you can’t apply directly for. Until we talk to you, we can’t know of your specific situation that will impact which CBI solution is right for you. So, don’t delay and contact RIF Trust today.