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ELMA GLOBAL - SECOND CITIZENSHIP BY INVESTMENT
 
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Second Passport by Investment Programs – Comparison Table

The table below covers all the countries and all the legal programs where second passport can be obtained in a reasonably short period of time (from 4 months to 2 years) without actual physical residency in the country, simply by investment or contribution (donation). All the countries mentioned in the table recognize dual citizenship. There is no need to renounce your previous citizenship unless your country of origin does not recognize dual citizenship.

Country Required Amount of Investment or Donation Time to get second citizenship and passport Immediate Result of the Program
Cyprus Investment 2,000,000 EUR is required. Investment must be kept in Cyprus minimum 3 years. Citizenship and passports can be obtained in 7 – 8 months with at least one visit to the country. Investor and his family members get EU citizenship and second passport that allows to settle permanently, work, study, or to do business in any EU country.
Malta Investment of 500,000 EUR (350,000 into property acquisition and 150,000 into bonds) is required. Donation of 650,000 EUR to governmental foundation is another condition. Citizenship and passports can be obtained in about 12 – 14 months. Investor and his family members get EU citizenship and second passport.
Bulgaria 512,000 EUR is invested into government bonds for 5 years to get permanent residency and another 512,000 EUR is invested into government bonds for 3 years to get citizenship. In both cases investment is made without interest to the investor. 2 years Investor and his family members get EU citizenship and second passport.
Bulgaria (loan option of the program above) Non-refundable contribution in the amount of 195,000 EUR at the stage of PR is required and another 75,000 EUR at the stage of citizenship application. 2 years Investor and his family members get EU citizenship and second passport.
Recommended and the best and the most cost-effective passport scheme in the EU.
Montenegro Donation of 100,000 EUR + investment of 250,000 EUR. Full citizenship in 3-6 months. Investor and his family members get full citizenship and second passport with visa-free access to Europe.
Moldova Donation of 100,000 EUR Full citizenship in 3-6 months. Investor and his family members get full citizenship and second passport with visa-free access to Europe.
Turkey Fixed capital investments of at least 2,000,000 USD or real estate in Turkey worth a minimum 1,000,000 USD with the special condition of not selling it for at least three years. The third option is to deposit a minimum of $3,000,000 USD in Turkish banks on condition of not withdrawing it for three years or invest the same amount into government bonds. 3-4 months Investor and his family members get citizenship and passport. Turkish passport has a limited visa free travel list (all the EU countries require visa).
St. Lucia Donation from 100,000 to 190,000 USD (depending on a family composition) to the National Economic Fund or Refundable bond investment from 500,000 to 550,000 USD (depending on a family composition) Citizenship and passports can be obtained in 3 – 5 months without visit to the country. Investor and his family get citizenship of St. Lucia. Passport of St. Lucia allows visa-free travel to 114 countries including Schengen Area (28 countries), the UK, and Ireland.
St. Kitts & Nevis Donation of 150,000 into The Sustainable Growth Fund OR Investment of at least 200,000 USD into real estate in the projects approved by the government. Citizenship and passports can be obtained in in 3–5 months without visit to the country. Investor and his family get citizenship of Saint-Kitts & Nevis. Passport of St. Kitts allows visa-free travel to the UK, Ireland and to all EU countries.
Antigua & Barbuda Donation of 100,000 USD into NDF or refundable property investment of no less than 200,000 USD into approved real estate projects. Citizenship and passports can be obtained in 3 – 5 months with one visit to the country (to take oath of allegiance). Investor and his family get citizenship of Antigua & Barbuda. Passport of Antigua & Barbuda allows visa-free travel to the UK, Ireland and to all EU countries. Strings attached: During the first five years after the issuance of passports applicants are expected to spend 5 days in Antigua to be able to renew the passports.
Commonwealth of Dominica Donation from 100,000 to 200,000 USD (depending on a family composition) to the Government of Dominica. Second option: real estate investment minimum of USD 200,000 in an approved development. The following fees are also payable to the Government: USD 25,000 for the main applicant; USD 35,000 for main applicant and his spouse or for a family up to four persons. Citizenship and passports can be obtained in 3 – 5 months without visit to the country. Investor and his family get citizenship of Dominica. Passport allows visa-free travel to Schengen Area (28 countries), to the UK, and Ireland.
Grenada Donation of 150,000 USD into Government foundation or investment of no less than 350,000 USD into real estate project approved by the Government. Citizenship and passports can be obtained in 3 – 4 months without visit to the country. Investor and his close family members get citizenship and passports of Grenada. Passport of Grenada allows visa-free travel to all the EU countries, including the UK and to Ireland. This is the only Caribbean passport that is eligible for immigration to the US through E-2 visa, and also the only Caribbean passport that is eligible to visit China without visa.
Cape Verde Property investment in the amount of 200,000 EUR or business investment in the same amount with 10 new jobs. Citizenship and passports can be obtained in 3 – 5 months. Investor and his close family members get full citizenship and passports of Cape Verde. Elma Global does not provide legal services in Cape Verde.
Vanuatu Expenses 150,000 USD for single applicant, 170,000 USD for investor and spouse, and 200,000 USD for a family up to 4 members. This is the fastest citizenship by investment program in the world. Processing time varies from 1 to 2 months. Investor and his close family members get full citizenship and passports of Vanuatu. Passport of Vanuatu allows visa-free travel to the United Kingdom and to all the EU countries (Schengen Area).
Cambodia Eligible investment in the amount of 1,250,000,000 riels (311,000 USD) or non-refundable donation in the amount of 1,000,000,000 riels (249,000 USD) are required. Citizenship and passports can be obtained in 4 – 6 months. Investor and his close family members get full citizenship and passports of Cambodia. It is possible to change the name. The law reads as follows: “A foreigner may apply to change to a Khmer name. In such a case, he/she shall specify such name in writing in his/her application or naturalization.”

You can send us an inquiry specifying the country of interest, and one of our experts will send you more details. When sending us a query, please, mention your age, current citizenship, and family composition, including age of every dependent that will be included into citizenship application. It will save time. When we have full details of potential investor family composition we can calculate the amount of investment, donation, and government fees applicable in your individual case. Contact us today


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