When it comes to economic growth, investment migration is a powerful way to bolster a state’s economy. To date, dozens of countries around the world run economic citizenship schemes, designed to attract qualifying investors who can make a marked difference. And in today’s increasingly interconnected world, the importance of global mobility is undeniable. Economic citizenship is a window of opportunity for business owners, investors, and entrepreneurs to reside and conduct business at an international level. It’s also an opportunity for families to protect themselves against risk with second passports.
In brief, let’s take a look at what economic citizenship means, as well as why you should consider applying.
What is economic citizenship?
It’s a legal process that enables investors to get second citizenship or residency in a country, in exchange for investing in the nation. It’s also another way of saying citizenship by investment.
While many countries around the world run their own citizenship by investment schemes, each country has its own timeframes, investment threshold, and due diligence standards. Choosing the right program takes careful consideration, not one that should be rushed.
What countries run second citizenship programs?
- Saint Kitts and Nevis citizenship by investment
- Dominica citizenship by investment
- St Lucia citizenship by investment
- Grenada citizenship by investment
- Vanuatu citizenship by investment
- Malta citizenship by investment
For more information on the programs, check out our Citizenship By Investment Comparison guide here.
Benefits of economic citizenship
There’s a reason why investors are rushing to invest in second passports. With second citizenship, comes limitless possibilities to travel freely around the globe, own a second home, and safeguard your family’s future.
