If you’re looking to obtain easy citizenship by investment in Europe, take a look at our citizenship by investment comparison guide for 2020. We look at all of the best citizenship by investment programs available, as well as explore alternative programs like the Golden Visa scheme.
What is citizenship?
What exactly does citizenship mean? You are given citizenship by a state and are therefore automatically entitled to a number of rights and privileges you wouldn’t normally have.
- The right to live and travel freely in the country, as well as in other countries with which the nation has special agreements with
- The right to vote
- The right to work
In return, you accept the responsibility of complying with the laws and rules of the respective state.
What is citizenship by investment?
Citizenship by investment is a process by which an individual obtains a second passport and second citizenship by investing in the country ― usually in the form of property investment. Depending on the country, there are specific requirements for the investment you can make, and different benefits associated with the passport you acquire.
Can I buy a passport?
Often when people talk about how you can buy a passport, they talk about citizenship by investment. However, no one can “buy a passport” legally, but with citizenship by investment programs you can ultimately obtain a second passport more quickly and easily than through other immigration methods.
Why Do People Invest in a Second Citizenship?
Never has freedom of movement been so great. With travel and global mobility in its prime years, second citizenship is increasingly valued for the wealth of advantages it brings.
Second citizenship essentially offers twice the opportunities, including the right to travel, live, work, and study in two countries. It provides security — a ‘plan b’ — in times of insecurity and reduces your family’s exposure to personal and financial risk. Dual citizenship opens up doors to more visa-free travel, provides twice the social and tax benefits, as well as offering the ability to diversify your assets and acquire residency in a low-tax paying nation.