In today’s world, one citizenship can sometimes not be enough. This is especially true if your current citizenship restricts you in various ways — either because of visa restrictions, financial restrictions, security restrictions, career restrictions, or more.

Fortunately though, you can choose to free yourself from such restrictions — by getting a second citizenship by investment.

Many countries now offer citizenship by investment programs, but some of the most popular second citizenship programs are offered in the European Union by Cyprus, and in the Caribbean by Dominica, Grenada, Antigua & Barbuda, St Kitts & Nevis, and St Lucia.

Second citizenship by investment can usually be obtained by one of the following 3 routes or investment options:

1. Contribution to a designated Government Fund

2. Investment in approved real estate projects

3. Investment in approved business projects

Second Citizenship By Investment — Donation to Government Fund

Governments running citizenship by investment programs utilize the funds obtained from such programs towards their strategic national priorities. To this end, they set up funds to receive citizenship by investment application monies and then use those funds for development of their national priorities. Such objectives could be infrastructure development, healthcare or education development, or contingencies and disaster relief. The cheapest citizenship by investment option involves contributing to such a designated Government fund.

Second Citizenship By Investment — via Real Estate Investment

One of the most widely used citizenship by investment routes is via investment in approved real estate projects. The advantage of citizenship via property purchase is two-fold. As an investor, you get a physical asset of your choice in a luxury project, which you can use and even resell after holding it for the period defined by the second citizenship rules. You can even benefit from appreciation in prices. To the concerned Government, this has the advantage of creating noteworthy real estate and tourism projects that benefit the local economy and create a long-term bond with the investor.

The Government specifies the approved real estate projects. Only an investment in such approved projects qualifies for second citizenship.

It is important that you choose your property investment wisely. PassPro can really make a difference with your decision. They have deep knowledge and insights of the local real estate market and projects, and work only with reputed builders and recommend only those projects that have been personally vetted by their team via an on-site inspection. PassPro can even assist you on your visit to choose your property investment.

Second Citizenship by Investment — via Investment in Approved Businesses

The third option to investment for citizenship is via investment in a business project approved by the local Government. The Government identifies the focus sectors based on national priorities, and business projects that are within the core sectors and fulfil other specified criterion become eligible investment options for second citizenship.

For help in choosing the right investment option for you, contact PassPro. Please visit https://passpro.co/en/