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CITIZENSHIP BY INVESTMENT

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Antigua and Barbuda Citizenship by investment General information Type of program Citizenship Processing period 3-4 months Mandatory visits or residence in the country 5 days in the first 5 years Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 150 Visa-free access to the Schengen area Yes Visa-free access to the United States No. Eligible to apply for B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents and grandparents over 55 Brothers and sisters of any age Addition of new family members Yes (within 5 years after obtaining citizenship) Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $100,000 Investment options 1. Contribution to the state fund: $100,000. 2. Real estate purchase: minimum $200,000. 3. Starting a business: minimum $1.5 million. 4. For families of 6 or more people, contribution to the fund of the University of the West Indies: minimum $150,000. Cost for 1 person Minimum $138,100 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $139,300 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents First passport for 5 years; subsequent passports for 10 years Features In the first 5 years after receiving a passport, the holder needs to visit the country for 5 days and take the oath of allegiance. The first passport is valid for 5 years, and subsequent passports are valid for 10 years.	Grenada Citizenship by investment General information Type of program Citizenship Processing period 4-6 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 142 Visa-free access to the Schengen area Yes Visa-free access to the United States No. Eligible to apply for E-2 and B-1 / B-2 visas Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents and grandparents of any age Brothers and sisters older than 18 Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $150,000 Investment options 1. Contribution to the state fund: minimum $150,000. 2. Real estate purchase: $220,000. Cost for 1 person Minimum $158,270 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $216,080 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 5 years Features Eligibility to apply for an E-2 visa to the United States. Visa‑free access to China.	Dominica Citizenship by investment General information Type of program Citizenship Processing period 2-6 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 143 Visa-free access to the Schengen area Yes Visa-free access to the United States No. Eligible for B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents and grandparents over 65 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $100,000 Investment options 1. Contribution to the state fund: minimum $100,000. 2.Real estate purchase: $200,000. Cost for 1 person Minimum $109,300 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $186,700 Minimum investment period 3 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features Favorable program for single applicants.	St Kitts and Nevis Citizenship by investment General information Type of program Citizenship Processing period 2-6 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 157 Visa-free access to the Schengen area Yes Visa-free access to the United States No. Eligible for a B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents and grandparents over 55 Brothers and sisters under 30 Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $125,000 Investment options 1. Contribution to the state fund: minimum $125,000 2. Real estate purchase: $200,000 / $400,000 3. Public Benefit Option: $175,000 Cost for 1 person Minimum $132,750 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $185,750 Minimum investment period 5 years Investment not refundable 5-7 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features Investors may purchase private houses that cost $400,000+ instead of shares in government-approved real estate projects. The application processing can be accelerated to 60 days.	St Lucia Citizenship by investment General information Type of program Citizenship Processing period 3-4 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 147 Visa-free access to the Schengen area Yes Visa-free access to the United States - Eligible for a B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents over 55 Brothers and sisters of the investor under 18 Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $100,000 Investment options 1. Contribution to the state fund: minimum $100,000. 2. Real estate purchase — $200,000. 3. Investment in a government-approved business project — $1,000,000+. 4. Purchase of government bonds — $300,000. Cost for 1 person Minimum $110,550 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum: $164,050 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents The first passport is issued for 5 years, and subsequent ones for 10 years Features The possibility of deferring the investment for 90 days after approval of the application.	Austria Citizenship by investment General information Type of program Citizenship Processing period 26-36 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 185 Visa-free access to the Schengen area Yes Visa-free access to the United States Yes Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members - Addition of new family members - Transfer by inheritance Yes Right of permanent residence, study and work in the EU Yes Recognition of second citizenship by the state - Finance Investment Minimum €10 million Investment options Business with a focus on the community Cost for 1 person Minimum €10 million Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €10 million Minimum investment period - Investment not refundable - Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features The decision on each application is made at the government level. One of the requirements is a large investment in the Austrian economy in a socially significant project. Citizenship can also be obtained for special services to Austria.	United Kingdom Residence permit by investment General information Type of program Residence permit Processing period 2-3 months Mandatory visits or residence in the country 183 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible - Visa-free access to the Schengen area - Visa-free access to the United States - Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 18 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum £2 million Investment options Purchase of shares in British companies Cost for 1 person Minimum £2 million Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum £2 million Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country or meet the criteria of the Statutory Residence Test (SRT) Financing options - Documents Type of documents Tier 1 (Investor) Visa Validity period of documents 3 years and 4 months + 2 years Features Complex and meticulous procedure to confirm the legality of the investment funds. Residence permit holders can apply for permanent residence: - after 2 years for an investment of £10 million; - after 3 years for an investment of £5 million; - after 5 years for an investment of £2 million. An application for citizenship can be submitted after 5-6 years of permanent residence. In order to obtain permanent residence or citizenship, the applicant must live in the country for at least 186 days a year and cannot leave the country for more than 90 days on any single trip.	Malta Citizenship by investment General information Type of program Citizenship Processing period 14 months or 3 years Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 183 Visa-free access to the Schengen area Yes Visa-free access to the United States Yes Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 29 Parents and grandparents over 55 Addition of new family members - Transfer by inheritance Yes Right of permanent residence, study and work in the EU Yes Recognition of second citizenship by the state Yes Finance Investment Minimum €690,000 Investment options The following 3 conditions must be met: 1. Non-refundable contribution to the National Development Fund of €600,000 to €750,000 when applying for citizenship in 1 to 3 years. 2. Charitable contribution: €10,000. 3. Minimum rental / purchase cost of real estate: €16,000 / €700,000. Cost for 1 person Minimum €748 000 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €927 000 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years or 5 years for persons under 18 years old Features The investment amount consists of 3 mandatory payments: contributions to the fund are not refundable. After 5 years of citizenship, the investor can recoup the initial investment made in real estate. Detailed Due Diligence.	Montenegro Citizenship by investment General information Type of program Citizenship Processing period 3-6 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 115 Visa-free access to the Schengen area Yes Visa-free access to the United States — E-2 visa can be obtained Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children of any age Children over 18 years of age subject to financial dependence Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €450 000 Investment options 2 investments required: 1. Non-refundable contribution: €200 000. 2. Purchase of real estate: €250 000 to €450 000, depending on the region. Cost for 1 person Minimum €472 000 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €505 000 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features Investment limited to projects approved by the government and listed on the government website. Eligibility to apply for an E-2 visa to the United States.	Austia Residence permit by investment General information Type of program Residence permit Processing period 3 months Mandatory visits or residence in the country 183 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 18 Addition of new family members - Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state - Finance Investment Minimum €100,000 Investment options Non-investment program Applicant needs to be financially independent and have sufficient funds to cover the cost of living in Austria Cost for 1 person Minimum €40,000 per annum Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €90,000 per annum Minimum investment period - Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 1 + 3 + 3 years Features Obtaining a residence permit based on quotas, which are disclosed on January 2. Applicants are required to reside in Austria and have knowledge of the language at an elementary level or a diploma of higher education. Permanent residence can be granted after being a residence permit holder for 5 years. Residence permit holders can apply for citizenship after a period of 6-10 years.	Greece Citizenship by investment General information Type of program Residence permit Processing period 3 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 21 Parents of any age Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €250,000 Investment options 1. Purchase real estate: minimum €250,000. 2. Rent a hotel for 5 years: minimum €250,000. 3. Rent an apartment in a tourism complex for 10 years: minimum €250,000. 4. Purchase plot of land for construction or for farming: minimum €250,000. 5. Purchase a share in a tourism property: minimum €250,000. 6. Deposit in a Greek bank: minimum €400,000. 7. Purchase Greek securities: minimum €400,000. Cost for 1 person Minimum €277,300 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €278,650 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 5 years Features Real estate can be bought through a legal entity. Seven years after obtaining a residence permit, the investor can apply for citizenship. Residence in Greece is a prerequisite for submitting a citizenship application. The investor’s family members can apply for citizenship after 12 years.	Spain Residence permit by investment General information Type of program Residence permit Processing period 2-3 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 26 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €500,000 Investment options 1. Purchase real estate: minimum €500,000. 2. Deposit in a Spanish bank: minimum €1 million. 3. Purchase government bonds: minimum €2 million. 4. Start a business: minimum €1 million. 5. Buy investment fund units: minimum €1 million. Cost for 1 person Minimum €500,000 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €500,000 Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 1 + 2 + 2 years Features A residence permit holder can apply for permanent residence after 5 years, and for citizenship after 5 years of permanent residence. Residence in Spain for at least 6 months a year is a prerequisite for permanent residence and citizenship.	Switzerland Residence permit by investment General information Type of program Residence permit Processing period 6 months Mandatory visits or residence in the country 183 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 18 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum CHF450,000 per annum Investment options Fixed annual tax payment Cost for 1 person Minimum CHF468,000 per annum Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum CHF486,000 per annum Minimum investment period - Investment not refundable - Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 1 year Features The residence permit holder is required to maintain a close relationship with the canton and confirm the legality of the income received.	Malta Permanent residence by investment General information Type of program Permanent residence Processing period Minimum 8 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children of any age Parents and grandparents of any age Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €160,000 Investment options 4 investments are required: 1. Administrative fee: €40,000. 2. Rent / purchase real estate: minimum €10,000 / €300,000. 3. Contribution to the state: €28,000 for those who buy real estate or €58,000 for those who rent. 4. Contribution to a non-governmental organization: €2000. Cost for 1 person Minimum €164,400 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €173,100 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Permanent residence card and registration certificate Validity period of documents 5 years Features When applying for permanent residence and every 5 years thereafter, the holder has to confirm ownership of at least €500,000 in capital, including financial assets worth more than €150,000. In addition, the holder must always be registered at a Maltese address and have valid health insurance.	Malta Residence permit by investment General information Type of program Residence permit Processing period 3-4 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 25 Parents and grandparents of any age Brothers and sisters of any age Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €30,000 Investment options The following 3 conditions must be met: 1. Minimal rental / purchase cost of real estate: €8,750 / €220,000. 2. Administrative fee of €5,500 / €6,000, depending on the region in which the property is located. 3. Annual tax payment of at least €15,000. Cost for 1 person Minimum €33,750 per annum Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €35,250 per annum Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency The residence permit holder cannot stay in another country for more than 183 days a year Financing options - Documents Type of documents Residence permit card and certificate of special tax status Validity period of documents 1 years Features Special tax status in Malta means that the applicant becomes a tax resident of Malta. Therefore, the applicant cannot stay in any other country for more than 183 days a year. Income earned outside Malta is taxed at 15%. The minimum annual tax payment is €15,000. The applicant's employees who are hired at least 2 years prior to the application can participate in the program.	Cyprus Permanent residence by investment General information Type of program Permanent residence Processing period 3 months Mandatory visits or residence in the country Yes, every two years Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible - Visa-free access to the Schengen area - Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 25 Parents and grandparents of any age Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €300,000 Investment options 1. The Cyprus permanent residence program offers three investment options: Purchase real estate: €300,000 2. Investment in business: €300,000 3. Buy investment fund units: €300,000 Cost for 1 person Minimum €300,770 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €303,080 Minimum investment period For the duration of the permanent residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Permanent residence card Validity period of documents 5 years Features Within a year after the approval of your application for permanent residence by investment, you must travel to Cyprus to submit your biometrics and receive a permanent residence card. You also need to visit Cyprus at least every two years, maintain your investment, and each family member included in the application must continue to receive an annual income of €30,000. Permanent residence by investment does not give you the right to work in Cyprus.	Andorra Residence permit by investment General information Type of program Residence permit Processing period 2 months Mandatory visits or residence in the country Yes, 90 days per annum Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 2 Visa-free access to the Schengen area Italy and France Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children up to 25 years old Addition of new family members - Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state - Finance Investment Minimum €400,000 Investment options The following 2 conditions must be met: €350,000 investment in real estate, business, government bonds, investment funds, or bank deposit €50,000 insurance deposit in the Central Bank. Cost for 1 person Minimum €400,000 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €400,000 Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 1+3 years Features A residence permit by investment does not give you the right to work or start a business in Andorra. You must buy or rent a home there. Each family member included in the application must prove that they receive an annual income of at least €39,000, which must be held in their Andorran bank account.	Turkey Citizenship by investment General information Type of program Citizenship Processing period 6—8 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 110 Visa-free access to the Schengen area Italy and France Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children up to 18 years old Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $400,000 Investment options 1. Purchase real estate: $400,000 2. Investment in business: $500,000 3. Bank deposit: $500,000 4. Buy government bonds: $500,000 5. Buy investment fund units: $500,000 Cost for 1 person Minimum $414,574 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $416,296 Minimum investment period 3 years Investment not refundable 3 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport Validity period of documents 10 years Features Applicants can apply for and get citizenship by investment remotely. You can collect your Turkish passport at the nearest Turkish consulate. The investor can also get a residence permit for their and their spouse’s parents and for their children who are over 18 years old. The fee for a residence permit is $5,000 per person. You can apply for a residence permit for family members simultaneously with your application for citizenship or after you have received a Turkish passport.	Portugal Residence permit by investment General information Type of program Residence permit Processing period 2-6 months Mandatory visits or residence in the country 7 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children, siblings under 26 Parents over 65 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €250,000 Investment options 1. Purchase of real estate: minimum €400,000. 2. Purchase of real estate built more than 30 years ago or located in urban areas of renovation or for reconstruction: minimum €280,000. 3. Investment in research activities: minimum €500,000. 4. Investment in restoration and conservation of national cultural heritage site: minimum €250,000. 5. Acquisition of shares in investment funds: minimum €500,000. 6. Creation of a company with a capital of €500,000 for at least 5 jobs. 7. Deposit in a Portuguese bank: minimum €1,5 million. 8. Purchase of shares in Portuguese companies: minimum €500,000. 9. Starting a business and creating at least 10 jobs. Cost for 1 person Minimum €305,310 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €324,120 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 2 + 2 + 2 years Features Wide choice of investment options from €250,000 to €1 million. The opportunity to get an EU passport after 5 years with a minimum knowledge of the Portuguese language and having lived a total of 35 days in the country. Opportunity to obtain a special tax status (non-habitual resident).	Portugal Citizenship by investment General information Type of program Residence permit Processing period Minimum 2 months Mandatory visits or residence in the country 183 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 21 Parents Addition of new family members - Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment - Investment options Rent or purchase of real estate without cost restrictions. There is a requirement for a minimum living space, which depends on the composition of the family. Cost for 1 person €259 Cost for 4 people (spouse, child 11 years old, child 19 years old) €1036 Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Visa D7 with 4 months of validity period, after that — residence permit Validity period of documents 2+3 years Features Income from a source outside of Portugal is not less than the minimum wage — minimum €8,460 per year in 2022. Income is 50% more if there is an adult relative, 30% more — for each child. Opportunity to obtain resedence permit with a work permit in 4 months. Opportunity to obtain citezenship after 5 years.	Vanuatu Citizenship by investment General information Type of program Citizenship Processing period 1-2 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 94 Visa-free access to the Schengen area Italy and France Visa-free access to the United States — Eligible for B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 25 Parents over 50 Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $130,000 Investment options Contribution to the state fund: minimum $130,000 Cost for 1 person Minimum $135,129 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $185,385 Minimum investment period - Investment not refundable - Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features The fastest way to get citizenship: 1 month. Applicants must take the oath of allegiance. The preliminary Due Diligence check lasts only 3-4 days. Applicants who pass it are unlikely to be rejected from the citizenship program.
Antigua and Barbuda Citizenship by investment General information Type of program Citizenship Processing period 3-4 months Mandatory visits or residence in the country 5 days in the first 5 years Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 150 Visa-free access to the Schengen area Yes Visa-free access to the United States No. Eligible to apply for B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents and grandparents over 55 Brothers and sisters of any age Addition of new family members Yes (within 5 years after obtaining citizenship) Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $100,000 Investment options 1. Contribution to the state fund: $100,000. 2. Real estate purchase: minimum $200,000. 3. Starting a business: minimum $1.5 million. 4. For families of 6 or more people, contribution to the fund of the University of the West Indies: minimum $150,000. Cost for 1 person Minimum $138,100 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $139,300 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents First passport for 5 years; subsequent passports for 10 years Features In the first 5 years after receiving a passport, the holder needs to visit the country for 5 days and take the oath of allegiance. The first passport is valid for 5 years, and subsequent passports are valid for 10 years.	Grenada Citizenship by investment General information Type of program Citizenship Processing period 4-6 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 142 Visa-free access to the Schengen area Yes Visa-free access to the United States No. Eligible to apply for E-2 and B-1 / B-2 visas Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents and grandparents of any age Brothers and sisters older than 18 Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $150,000 Investment options 1. Contribution to the state fund: minimum $150,000. 2. Real estate purchase: $220,000. Cost for 1 person Minimum $158,270 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $216,080 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 5 years Features Eligibility to apply for an E-2 visa to the United States. Visa‑free access to China.	Dominica Citizenship by investment General information Type of program Citizenship Processing period 2-6 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 143 Visa-free access to the Schengen area Yes Visa-free access to the United States No. Eligible for B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents and grandparents over 65 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $100,000 Investment options 1. Contribution to the state fund: minimum $100,000. 2.Real estate purchase: $200,000. Cost for 1 person Minimum $109,300 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $186,700 Minimum investment period 3 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features Favorable program for single applicants.	St Kitts and Nevis Citizenship by investment General information Type of program Citizenship Processing period 2-6 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 157 Visa-free access to the Schengen area Yes Visa-free access to the United States No. Eligible for a B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents and grandparents over 55 Brothers and sisters under 30 Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $125,000 Investment options 1. Contribution to the state fund: minimum $125,000 2. Real estate purchase: $200,000 / $400,000 3. Public Benefit Option: $175,000 Cost for 1 person Minimum $132,750 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $185,750 Minimum investment period 5 years Investment not refundable 5-7 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features Investors may purchase private houses that cost $400,000+ instead of shares in government-approved real estate projects. The application processing can be accelerated to 60 days.	St Lucia Citizenship by investment General information Type of program Citizenship Processing period 3-4 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 147 Visa-free access to the Schengen area Yes Visa-free access to the United States - Eligible for a B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents over 55 Brothers and sisters of the investor under 18 Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $100,000 Investment options 1. Contribution to the state fund: minimum $100,000. 2. Real estate purchase — $200,000. 3. Investment in a government-approved business project — $1,000,000+. 4. Purchase of government bonds — $300,000. Cost for 1 person Minimum $110,550 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum: $164,050 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents The first passport is issued for 5 years, and subsequent ones for 10 years Features The possibility of deferring the investment for 90 days after approval of the application.	Austria Citizenship by investment General information Type of program Citizenship Processing period 26-36 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 185 Visa-free access to the Schengen area Yes Visa-free access to the United States Yes Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members - Addition of new family members - Transfer by inheritance Yes Right of permanent residence, study and work in the EU Yes Recognition of second citizenship by the state - Finance Investment Minimum €10 million Investment options Business with a focus on the community Cost for 1 person Minimum €10 million Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €10 million Minimum investment period - Investment not refundable - Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features The decision on each application is made at the government level. One of the requirements is a large investment in the Austrian economy in a socially significant project. Citizenship can also be obtained for special services to Austria.	United Kingdom Residence permit by investment General information Type of program Residence permit Processing period 2-3 months Mandatory visits or residence in the country 183 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible - Visa-free access to the Schengen area - Visa-free access to the United States - Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 18 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum £2 million Investment options Purchase of shares in British companies Cost for 1 person Minimum £2 million Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum £2 million Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country or meet the criteria of the Statutory Residence Test (SRT) Financing options - Documents Type of documents Tier 1 (Investor) Visa Validity period of documents 3 years and 4 months + 2 years Features Complex and meticulous procedure to confirm the legality of the investment funds. Residence permit holders can apply for permanent residence: - after 2 years for an investment of £10 million; - after 3 years for an investment of £5 million; - after 5 years for an investment of £2 million. An application for citizenship can be submitted after 5-6 years of permanent residence. In order to obtain permanent residence or citizenship, the applicant must live in the country for at least 186 days a year and cannot leave the country for more than 90 days on any single trip.	Malta Citizenship by investment General information Type of program Citizenship Processing period 14 months or 3 years Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 183 Visa-free access to the Schengen area Yes Visa-free access to the United States Yes Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 29 Parents and grandparents over 55 Addition of new family members - Transfer by inheritance Yes Right of permanent residence, study and work in the EU Yes Recognition of second citizenship by the state Yes Finance Investment Minimum €690,000 Investment options The following 3 conditions must be met: 1. Non-refundable contribution to the National Development Fund of €600,000 to €750,000 when applying for citizenship in 1 to 3 years. 2. Charitable contribution: €10,000. 3. Minimum rental / purchase cost of real estate: €16,000 / €700,000. Cost for 1 person Minimum €748 000 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €927 000 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years or 5 years for persons under 18 years old Features The investment amount consists of 3 mandatory payments: contributions to the fund are not refundable. After 5 years of citizenship, the investor can recoup the initial investment made in real estate. Detailed Due Diligence.	Montenegro Citizenship by investment General information Type of program Citizenship Processing period 3-6 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 115 Visa-free access to the Schengen area Yes Visa-free access to the United States — E-2 visa can be obtained Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children of any age Children over 18 years of age subject to financial dependence Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €450 000 Investment options 2 investments required: 1. Non-refundable contribution: €200 000. 2. Purchase of real estate: €250 000 to €450 000, depending on the region. Cost for 1 person Minimum €472 000 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €505 000 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features Investment limited to projects approved by the government and listed on the government website. Eligibility to apply for an E-2 visa to the United States.	Austia Residence permit by investment General information Type of program Residence permit Processing period 3 months Mandatory visits or residence in the country 183 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 18 Addition of new family members - Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state - Finance Investment Minimum €100,000 Investment options Non-investment program Applicant needs to be financially independent and have sufficient funds to cover the cost of living in Austria Cost for 1 person Minimum €40,000 per annum Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €90,000 per annum Minimum investment period - Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 1 + 3 + 3 years Features Obtaining a residence permit based on quotas, which are disclosed on January 2. Applicants are required to reside in Austria and have knowledge of the language at an elementary level or a diploma of higher education. Permanent residence can be granted after being a residence permit holder for 5 years. Residence permit holders can apply for citizenship after a period of 6-10 years.	Greece Citizenship by investment General information Type of program Residence permit Processing period 3 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 21 Parents of any age Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €250,000 Investment options 1. Purchase real estate: minimum €250,000. 2. Rent a hotel for 5 years: minimum €250,000. 3. Rent an apartment in a tourism complex for 10 years: minimum €250,000. 4. Purchase plot of land for construction or for farming: minimum €250,000. 5. Purchase a share in a tourism property: minimum €250,000. 6. Deposit in a Greek bank: minimum €400,000. 7. Purchase Greek securities: minimum €400,000. Cost for 1 person Minimum €277,300 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €278,650 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 5 years Features Real estate can be bought through a legal entity. Seven years after obtaining a residence permit, the investor can apply for citizenship. Residence in Greece is a prerequisite for submitting a citizenship application. The investor’s family members can apply for citizenship after 12 years.	Spain Residence permit by investment General information Type of program Residence permit Processing period 2-3 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 26 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €500,000 Investment options 1. Purchase real estate: minimum €500,000. 2. Deposit in a Spanish bank: minimum €1 million. 3. Purchase government bonds: minimum €2 million. 4. Start a business: minimum €1 million. 5. Buy investment fund units: minimum €1 million. Cost for 1 person Minimum €500,000 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €500,000 Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 1 + 2 + 2 years Features A residence permit holder can apply for permanent residence after 5 years, and for citizenship after 5 years of permanent residence. Residence in Spain for at least 6 months a year is a prerequisite for permanent residence and citizenship.	Switzerland Residence permit by investment General information Type of program Residence permit Processing period 6 months Mandatory visits or residence in the country 183 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 18 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum CHF450,000 per annum Investment options Fixed annual tax payment Cost for 1 person Minimum CHF468,000 per annum Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum CHF486,000 per annum Minimum investment period - Investment not refundable - Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 1 year Features The residence permit holder is required to maintain a close relationship with the canton and confirm the legality of the income received.	Malta Permanent residence by investment General information Type of program Permanent residence Processing period Minimum 8 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children of any age Parents and grandparents of any age Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €160,000 Investment options 4 investments are required: 1. Administrative fee: €40,000. 2. Rent / purchase real estate: minimum €10,000 / €300,000. 3. Contribution to the state: €28,000 for those who buy real estate or €58,000 for those who rent. 4. Contribution to a non-governmental organization: €2000. Cost for 1 person Minimum €164,400 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €173,100 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Permanent residence card and registration certificate Validity period of documents 5 years Features When applying for permanent residence and every 5 years thereafter, the holder has to confirm ownership of at least €500,000 in capital, including financial assets worth more than €150,000. In addition, the holder must always be registered at a Maltese address and have valid health insurance.	Malta Residence permit by investment General information Type of program Residence permit Processing period 3-4 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 25 Parents and grandparents of any age Brothers and sisters of any age Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €30,000 Investment options The following 3 conditions must be met: 1. Minimal rental / purchase cost of real estate: €8,750 / €220,000. 2. Administrative fee of €5,500 / €6,000, depending on the region in which the property is located. 3. Annual tax payment of at least €15,000. Cost for 1 person Minimum €33,750 per annum Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €35,250 per annum Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency The residence permit holder cannot stay in another country for more than 183 days a year Financing options - Documents Type of documents Residence permit card and certificate of special tax status Validity period of documents 1 years Features Special tax status in Malta means that the applicant becomes a tax resident of Malta. Therefore, the applicant cannot stay in any other country for more than 183 days a year. Income earned outside Malta is taxed at 15%. The minimum annual tax payment is €15,000. The applicant's employees who are hired at least 2 years prior to the application can participate in the program.	Cyprus Permanent residence by investment General information Type of program Permanent residence Processing period 3 months Mandatory visits or residence in the country Yes, every two years Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible - Visa-free access to the Schengen area - Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 25 Parents and grandparents of any age Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €300,000 Investment options 1. The Cyprus permanent residence program offers three investment options: Purchase real estate: €300,000 2. Investment in business: €300,000 3. Buy investment fund units: €300,000 Cost for 1 person Minimum €300,770 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €303,080 Minimum investment period For the duration of the permanent residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Permanent residence card Validity period of documents 5 years Features Within a year after the approval of your application for permanent residence by investment, you must travel to Cyprus to submit your biometrics and receive a permanent residence card. You also need to visit Cyprus at least every two years, maintain your investment, and each family member included in the application must continue to receive an annual income of €30,000. Permanent residence by investment does not give you the right to work in Cyprus.	Andorra Residence permit by investment General information Type of program Residence permit Processing period 2 months Mandatory visits or residence in the country Yes, 90 days per annum Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 2 Visa-free access to the Schengen area Italy and France Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children up to 25 years old Addition of new family members - Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state - Finance Investment Minimum €400,000 Investment options The following 2 conditions must be met: €350,000 investment in real estate, business, government bonds, investment funds, or bank deposit €50,000 insurance deposit in the Central Bank. Cost for 1 person Minimum €400,000 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €400,000 Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 1+3 years Features A residence permit by investment does not give you the right to work or start a business in Andorra. You must buy or rent a home there. Each family member included in the application must prove that they receive an annual income of at least €39,000, which must be held in their Andorran bank account.	Turkey Citizenship by investment General information Type of program Citizenship Processing period 6—8 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 110 Visa-free access to the Schengen area Italy and France Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children up to 18 years old Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $400,000 Investment options 1. Purchase real estate: $400,000 2. Investment in business: $500,000 3. Bank deposit: $500,000 4. Buy government bonds: $500,000 5. Buy investment fund units: $500,000 Cost for 1 person Minimum $414,574 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $416,296 Minimum investment period 3 years Investment not refundable 3 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport Validity period of documents 10 years Features Applicants can apply for and get citizenship by investment remotely. You can collect your Turkish passport at the nearest Turkish consulate. The investor can also get a residence permit for their and their spouse’s parents and for their children who are over 18 years old. The fee for a residence permit is $5,000 per person. You can apply for a residence permit for family members simultaneously with your application for citizenship or after you have received a Turkish passport.	Portugal Residence permit by investment General information Type of program Residence permit Processing period 2-6 months Mandatory visits or residence in the country 7 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children, siblings under 26 Parents over 65 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €250,000 Investment options 1. Purchase of real estate: minimum €400,000. 2. Purchase of real estate built more than 30 years ago or located in urban areas of renovation or for reconstruction: minimum €280,000. 3. Investment in research activities: minimum €500,000. 4. Investment in restoration and conservation of national cultural heritage site: minimum €250,000. 5. Acquisition of shares in investment funds: minimum €500,000. 6. Creation of a company with a capital of €500,000 for at least 5 jobs. 7. Deposit in a Portuguese bank: minimum €1,5 million. 8. Purchase of shares in Portuguese companies: minimum €500,000. 9. Starting a business and creating at least 10 jobs. Cost for 1 person Minimum €305,310 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €324,120 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 2 + 2 + 2 years Features Wide choice of investment options from €250,000 to €1 million. The opportunity to get an EU passport after 5 years with a minimum knowledge of the Portuguese language and having lived a total of 35 days in the country. Opportunity to obtain a special tax status (non-habitual resident).	Portugal Citizenship by investment General information Type of program Residence permit Processing period Minimum 2 months Mandatory visits or residence in the country 183 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 21 Parents Addition of new family members - Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment - Investment options Rent or purchase of real estate without cost restrictions. There is a requirement for a minimum living space, which depends on the composition of the family. Cost for 1 person €259 Cost for 4 people (spouse, child 11 years old, child 19 years old) €1036 Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Visa D7 with 4 months of validity period, after that — residence permit Validity period of documents 2+3 years Features Income from a source outside of Portugal is not less than the minimum wage — minimum €8,460 per year in 2022. Income is 50% more if there is an adult relative, 30% more — for each child. Opportunity to obtain resedence permit with a work permit in 4 months. Opportunity to obtain citezenship after 5 years.	Vanuatu Citizenship by investment General information Type of program Citizenship Processing period 1-2 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 94 Visa-free access to the Schengen area Italy and France Visa-free access to the United States — Eligible for B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 25 Parents over 50 Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $130,000 Investment options Contribution to the state fund: minimum $130,000 Cost for 1 person Minimum $135,129 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $185,385 Minimum investment period - Investment not refundable - Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features The fastest way to get citizenship: 1 month. Applicants must take the oath of allegiance. The preliminary Due Diligence check lasts only 3-4 days. Applicants who pass it are unlikely to be rejected from the citizenship program.
Antigua and Barbuda Citizenship by investment General information Type of program Citizenship Processing period 3-4 months Mandatory visits or residence in the country 5 days in the first 5 years Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 150 Visa-free access to the Schengen area Yes Visa-free access to the United States No. Eligible to apply for B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents and grandparents over 55 Brothers and sisters of any age Addition of new family members Yes (within 5 years after obtaining citizenship) Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $100,000 Investment options 1. Contribution to the state fund: $100,000. 2. Real estate purchase: minimum $200,000. 3. Starting a business: minimum $1.5 million. 4. For families of 6 or more people, contribution to the fund of the University of the West Indies: minimum $150,000. Cost for 1 person Minimum $138,100 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $139,300 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents First passport for 5 years; subsequent passports for 10 years Features In the first 5 years after receiving a passport, the holder needs to visit the country for 5 days and take the oath of allegiance. The first passport is valid for 5 years, and subsequent passports are valid for 10 years.	Grenada Citizenship by investment General information Type of program Citizenship Processing period 4-6 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 142 Visa-free access to the Schengen area Yes Visa-free access to the United States No. Eligible to apply for E-2 and B-1 / B-2 visas Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents and grandparents of any age Brothers and sisters older than 18 Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $150,000 Investment options 1. Contribution to the state fund: minimum $150,000. 2. Real estate purchase: $220,000. Cost for 1 person Minimum $158,270 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $216,080 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 5 years Features Eligibility to apply for an E-2 visa to the United States. Visa‑free access to China.	Dominica Citizenship by investment General information Type of program Citizenship Processing period 2-6 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 143 Visa-free access to the Schengen area Yes Visa-free access to the United States No. Eligible for B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents and grandparents over 65 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $100,000 Investment options 1. Contribution to the state fund: minimum $100,000. 2.Real estate purchase: $200,000. Cost for 1 person Minimum $109,300 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $186,700 Minimum investment period 3 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features Favorable program for single applicants.	St Kitts and Nevis Citizenship by investment General information Type of program Citizenship Processing period 2-6 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 157 Visa-free access to the Schengen area Yes Visa-free access to the United States No. Eligible for a B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents and grandparents over 55 Brothers and sisters under 30 Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $125,000 Investment options 1. Contribution to the state fund: minimum $125,000 2. Real estate purchase: $200,000 / $400,000 3. Public Benefit Option: $175,000 Cost for 1 person Minimum $132,750 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $185,750 Minimum investment period 5 years Investment not refundable 5-7 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features Investors may purchase private houses that cost $400,000+ instead of shares in government-approved real estate projects. The application processing can be accelerated to 60 days.	St Lucia Citizenship by investment General information Type of program Citizenship Processing period 3-4 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 147 Visa-free access to the Schengen area Yes Visa-free access to the United States - Eligible for a B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 30 Parents over 55 Brothers and sisters of the investor under 18 Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $100,000 Investment options 1. Contribution to the state fund: minimum $100,000. 2. Real estate purchase — $200,000. 3. Investment in a government-approved business project — $1,000,000+. 4. Purchase of government bonds — $300,000. Cost for 1 person Minimum $110,550 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum: $164,050 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents The first passport is issued for 5 years, and subsequent ones for 10 years Features The possibility of deferring the investment for 90 days after approval of the application.	Austria Citizenship by investment General information Type of program Citizenship Processing period 26-36 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 185 Visa-free access to the Schengen area Yes Visa-free access to the United States Yes Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members - Addition of new family members - Transfer by inheritance Yes Right of permanent residence, study and work in the EU Yes Recognition of second citizenship by the state - Finance Investment Minimum €10 million Investment options Business with a focus on the community Cost for 1 person Minimum €10 million Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €10 million Minimum investment period - Investment not refundable - Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features The decision on each application is made at the government level. One of the requirements is a large investment in the Austrian economy in a socially significant project. Citizenship can also be obtained for special services to Austria.	United Kingdom Residence permit by investment General information Type of program Residence permit Processing period 2-3 months Mandatory visits or residence in the country 183 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible - Visa-free access to the Schengen area - Visa-free access to the United States - Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 18 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum £2 million Investment options Purchase of shares in British companies Cost for 1 person Minimum £2 million Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum £2 million Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country or meet the criteria of the Statutory Residence Test (SRT) Financing options - Documents Type of documents Tier 1 (Investor) Visa Validity period of documents 3 years and 4 months + 2 years Features Complex and meticulous procedure to confirm the legality of the investment funds. Residence permit holders can apply for permanent residence: - after 2 years for an investment of £10 million; - after 3 years for an investment of £5 million; - after 5 years for an investment of £2 million. An application for citizenship can be submitted after 5-6 years of permanent residence. In order to obtain permanent residence or citizenship, the applicant must live in the country for at least 186 days a year and cannot leave the country for more than 90 days on any single trip.	Malta Citizenship by investment General information Type of program Citizenship Processing period 14 months or 3 years Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 183 Visa-free access to the Schengen area Yes Visa-free access to the United States Yes Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 29 Parents and grandparents over 55 Addition of new family members - Transfer by inheritance Yes Right of permanent residence, study and work in the EU Yes Recognition of second citizenship by the state Yes Finance Investment Minimum €690,000 Investment options The following 3 conditions must be met: 1. Non-refundable contribution to the National Development Fund of €600,000 to €750,000 when applying for citizenship in 1 to 3 years. 2. Charitable contribution: €10,000. 3. Minimum rental / purchase cost of real estate: €16,000 / €700,000. Cost for 1 person Minimum €748 000 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €927 000 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years or 5 years for persons under 18 years old Features The investment amount consists of 3 mandatory payments: contributions to the fund are not refundable. After 5 years of citizenship, the investor can recoup the initial investment made in real estate. Detailed Due Diligence.	Montenegro Citizenship by investment General information Type of program Citizenship Processing period 3-6 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 115 Visa-free access to the Schengen area Yes Visa-free access to the United States — E-2 visa can be obtained Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children of any age Children over 18 years of age subject to financial dependence Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €450 000 Investment options 2 investments required: 1. Non-refundable contribution: €200 000. 2. Purchase of real estate: €250 000 to €450 000, depending on the region. Cost for 1 person Minimum €472 000 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €505 000 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features Investment limited to projects approved by the government and listed on the government website. Eligibility to apply for an E-2 visa to the United States.	Austia Residence permit by investment General information Type of program Residence permit Processing period 3 months Mandatory visits or residence in the country 183 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 18 Addition of new family members - Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state - Finance Investment Minimum €100,000 Investment options Non-investment program Applicant needs to be financially independent and have sufficient funds to cover the cost of living in Austria Cost for 1 person Minimum €40,000 per annum Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €90,000 per annum Minimum investment period - Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 1 + 3 + 3 years Features Obtaining a residence permit based on quotas, which are disclosed on January 2. Applicants are required to reside in Austria and have knowledge of the language at an elementary level or a diploma of higher education. Permanent residence can be granted after being a residence permit holder for 5 years. Residence permit holders can apply for citizenship after a period of 6-10 years.	Greece Citizenship by investment General information Type of program Residence permit Processing period 3 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 21 Parents of any age Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €250,000 Investment options 1. Purchase real estate: minimum €250,000. 2. Rent a hotel for 5 years: minimum €250,000. 3. Rent an apartment in a tourism complex for 10 years: minimum €250,000. 4. Purchase plot of land for construction or for farming: minimum €250,000. 5. Purchase a share in a tourism property: minimum €250,000. 6. Deposit in a Greek bank: minimum €400,000. 7. Purchase Greek securities: minimum €400,000. Cost for 1 person Minimum €277,300 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €278,650 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 5 years Features Real estate can be bought through a legal entity. Seven years after obtaining a residence permit, the investor can apply for citizenship. Residence in Greece is a prerequisite for submitting a citizenship application. The investor’s family members can apply for citizenship after 12 years.	Spain Residence permit by investment General information Type of program Residence permit Processing period 2-3 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 26 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €500,000 Investment options 1. Purchase real estate: minimum €500,000. 2. Deposit in a Spanish bank: minimum €1 million. 3. Purchase government bonds: minimum €2 million. 4. Start a business: minimum €1 million. 5. Buy investment fund units: minimum €1 million. Cost for 1 person Minimum €500,000 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €500,000 Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 1 + 2 + 2 years Features A residence permit holder can apply for permanent residence after 5 years, and for citizenship after 5 years of permanent residence. Residence in Spain for at least 6 months a year is a prerequisite for permanent residence and citizenship.	Switzerland Residence permit by investment General information Type of program Residence permit Processing period 6 months Mandatory visits or residence in the country 183 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 18 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum CHF450,000 per annum Investment options Fixed annual tax payment Cost for 1 person Minimum CHF468,000 per annum Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum CHF486,000 per annum Minimum investment period - Investment not refundable - Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 1 year Features The residence permit holder is required to maintain a close relationship with the canton and confirm the legality of the income received.	Malta Permanent residence by investment General information Type of program Permanent residence Processing period Minimum 8 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children of any age Parents and grandparents of any age Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €160,000 Investment options 4 investments are required: 1. Administrative fee: €40,000. 2. Rent / purchase real estate: minimum €10,000 / €300,000. 3. Contribution to the state: €28,000 for those who buy real estate or €58,000 for those who rent. 4. Contribution to a non-governmental organization: €2000. Cost for 1 person Minimum €164,400 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €173,100 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Permanent residence card and registration certificate Validity period of documents 5 years Features When applying for permanent residence and every 5 years thereafter, the holder has to confirm ownership of at least €500,000 in capital, including financial assets worth more than €150,000. In addition, the holder must always be registered at a Maltese address and have valid health insurance.	Malta Residence permit by investment General information Type of program Residence permit Processing period 3-4 months Mandatory visits or residence in the country - Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 25 Parents and grandparents of any age Brothers and sisters of any age Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €30,000 Investment options The following 3 conditions must be met: 1. Minimal rental / purchase cost of real estate: €8,750 / €220,000. 2. Administrative fee of €5,500 / €6,000, depending on the region in which the property is located. 3. Annual tax payment of at least €15,000. Cost for 1 person Minimum €33,750 per annum Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €35,250 per annum Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency The residence permit holder cannot stay in another country for more than 183 days a year Financing options - Documents Type of documents Residence permit card and certificate of special tax status Validity period of documents 1 years Features Special tax status in Malta means that the applicant becomes a tax resident of Malta. Therefore, the applicant cannot stay in any other country for more than 183 days a year. Income earned outside Malta is taxed at 15%. The minimum annual tax payment is €15,000. The applicant's employees who are hired at least 2 years prior to the application can participate in the program.	Cyprus Permanent residence by investment General information Type of program Permanent residence Processing period 3 months Mandatory visits or residence in the country Yes, every two years Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible - Visa-free access to the Schengen area - Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 25 Parents and grandparents of any age Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €300,000 Investment options 1. The Cyprus permanent residence program offers three investment options: Purchase real estate: €300,000 2. Investment in business: €300,000 3. Buy investment fund units: €300,000 Cost for 1 person Minimum €300,770 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €303,080 Minimum investment period For the duration of the permanent residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Permanent residence card Validity period of documents 5 years Features Within a year after the approval of your application for permanent residence by investment, you must travel to Cyprus to submit your biometrics and receive a permanent residence card. You also need to visit Cyprus at least every two years, maintain your investment, and each family member included in the application must continue to receive an annual income of €30,000. Permanent residence by investment does not give you the right to work in Cyprus.	Andorra Residence permit by investment General information Type of program Residence permit Processing period 2 months Mandatory visits or residence in the country Yes, 90 days per annum Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 2 Visa-free access to the Schengen area Italy and France Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children up to 25 years old Addition of new family members - Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state - Finance Investment Minimum €400,000 Investment options The following 2 conditions must be met: €350,000 investment in real estate, business, government bonds, investment funds, or bank deposit €50,000 insurance deposit in the Central Bank. Cost for 1 person Minimum €400,000 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €400,000 Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 1+3 years Features A residence permit by investment does not give you the right to work or start a business in Andorra. You must buy or rent a home there. Each family member included in the application must prove that they receive an annual income of at least €39,000, which must be held in their Andorran bank account.	Turkey Citizenship by investment General information Type of program Citizenship Processing period 6—8 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 110 Visa-free access to the Schengen area Italy and France Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children up to 18 years old Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $400,000 Investment options 1. Purchase real estate: $400,000 2. Investment in business: $500,000 3. Bank deposit: $500,000 4. Buy government bonds: $500,000 5. Buy investment fund units: $500,000 Cost for 1 person Minimum $414,574 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $416,296 Minimum investment period 3 years Investment not refundable 3 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport Validity period of documents 10 years Features Applicants can apply for and get citizenship by investment remotely. You can collect your Turkish passport at the nearest Turkish consulate. The investor can also get a residence permit for their and their spouse’s parents and for their children who are over 18 years old. The fee for a residence permit is $5,000 per person. You can apply for a residence permit for family members simultaneously with your application for citizenship or after you have received a Turkish passport.	Portugal Residence permit by investment General information Type of program Residence permit Processing period 2-6 months Mandatory visits or residence in the country 7 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children, siblings under 26 Parents over 65 Addition of new family members Yes Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum €250,000 Investment options 1. Purchase of real estate: minimum €400,000. 2. Purchase of real estate built more than 30 years ago or located in urban areas of renovation or for reconstruction: minimum €280,000. 3. Investment in research activities: minimum €500,000. 4. Investment in restoration and conservation of national cultural heritage site: minimum €250,000. 5. Acquisition of shares in investment funds: minimum €500,000. 6. Creation of a company with a capital of €500,000 for at least 5 jobs. 7. Deposit in a Portuguese bank: minimum €1,5 million. 8. Purchase of shares in Portuguese companies: minimum €500,000. 9. Starting a business and creating at least 10 jobs. Cost for 1 person Minimum €305,310 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum €324,120 Minimum investment period 5 years Investment not refundable 5 years Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Residence permit card Validity period of documents 2 + 2 + 2 years Features Wide choice of investment options from €250,000 to €1 million. The opportunity to get an EU passport after 5 years with a minimum knowledge of the Portuguese language and having lived a total of 35 days in the country. Opportunity to obtain a special tax status (non-habitual resident).	Portugal Citizenship by investment General information Type of program Residence permit Processing period Minimum 2 months Mandatory visits or residence in the country 183 days per annum Visiting the country for giving biometrics Yes Travel Number of visa-free countries accessible 32 Visa-free access to the Schengen area Yes Visa-free access to the United States - Visa-free access to the UK - Visa-free access to Australia - Advantages Family members Spouse Children under 21 Parents Addition of new family members - Transfer by inheritance - Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment - Investment options Rent or purchase of real estate without cost restrictions. There is a requirement for a minimum living space, which depends on the composition of the family. Cost for 1 person €259 Cost for 4 people (spouse, child 11 years old, child 19 years old) €1036 Minimum investment period For the duration of the residence permit Investment not refundable Yes Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Visa D7 with 4 months of validity period, after that — residence permit Validity period of documents 2+3 years Features Income from a source outside of Portugal is not less than the minimum wage — minimum €8,460 per year in 2022. Income is 50% more if there is an adult relative, 30% more — for each child. Opportunity to obtain resedence permit with a work permit in 4 months. Opportunity to obtain citezenship after 5 years.	Vanuatu Citizenship by investment General information Type of program Citizenship Processing period 1-2 months Mandatory visits or residence in the country - Visiting the country for giving biometrics - Travel Number of visa-free countries accessible 94 Visa-free access to the Schengen area Italy and France Visa-free access to the United States — Eligible for B-1 / B-2 visa Visa-free access to the UK Yes Visa-free access to Australia - Advantages Family members Spouse Children under 25 Parents over 50 Addition of new family members Yes Transfer by inheritance Yes Right of permanent residence, study and work in the EU - Recognition of second citizenship by the state Yes Finance Investment Minimum $130,000 Investment options Contribution to the state fund: minimum $130,000 Cost for 1 person Minimum $135,129 Cost for 4 people (spouse, child 11 years old, child 19 years old) Minimum $185,385 Minimum investment period - Investment not refundable - Conditions for obtaining tax residency Spend more than 183 days a year in the country Financing options - Documents Type of documents Passport and certificate of citizenship Validity period of documents 10 years Features The fastest way to get citizenship: 1 month. Applicants must take the oath of allegiance. The preliminary Due Diligence check lasts only 3-4 days. Applicants who pass it are unlikely to be rejected from the citizenship program.