Have you been willing to obtain a second passport or dual citizenship? If yes, then you have arrived at the right platform. The most common methods of becoming legal citizens of two different countries are marriage, naturalization, and ancestry. It is a great way to provide yourself additional security when there is political instability in one nation.
When you become the citizen of two nations, you can easily access the employment options, investment opportunities, etc. You may also get tax benefits depending upon the country from which you acquire your second passport. But do you know in which country you can get a second passport easily? Let us find that out in the points given below:
Kitts & Nevis
The first nation that we have in our list is St. Kitts & Nevis. The best part about St. Kitts & Nevis provides you with a second passport based on the investment. In 1984, it launched its first citizenship by investment program. The entire program has been through a lot of changes during these years and it has made the whole process easier and convenient. The St. Kitts & Nevis citizenship is known as one of the best because it allows a person to access more than 150 nations such as the UK, Schengen area, etc.
Now, the question that arises is how much you need to invest to get the second passport from St. Kitts & Nevis? A person needs to invest around 1,50,000 USD in real estate to obtain dual citizenship of St. Kitts & Nevis. The whole process takes around 3 months to get complete. You are also allowed to add your dependent parents, dependent children, and spouse to the same application. If you want to know more about citizenship by investment programs, then consider checking out https://imperiallegal.com/citizenship-by-investment/.
The most easy way to obtain the Irish passport is through ancestry in the nation. But what does this mean? It implies that you can get the citizenship of Ireland if your ancestors or family members belong to this nation. Suppose that your grandfather or grandmother is born in Ireland, then you will be rewarded with free Irish citizenship. All you have to do is create your application form through Foreign Birth Register.
The second passport of Ireland allows you to work or live in EU and EEA member countries. Due to such an easy process, there are over 14 million Ireland passports in circulation all around the world even though the population of Ireland is only four million.
Dominica is another country that offers citizenship by investment program. To obtain the passport of this nation, you have to invest around 2,00,000 USD in buying shares of any resort or in real estate. Just like the St. Kitts & Nevis citizenship, a person is allowed to add his spouse, dependent parents, dependent children, and in-laws to the application. The only difference is that you can also include dependent siblings in the application form of Dominica citizenship.
Paraguay offers the least expensive choice for citizenship. To get the Paraguay passport, you only have to make a bank deposit of 5,000 USD and live in the country for a few years. During your three-year residency period, you should be in the country for over 183 days each year to obtain citizenship.
Not at all like numerous different nations, there is no income prerequisite to lay out residency in Paraguay. The nation offers double citizenship and has no restrictions on the original country of the applicant. The interest rate that you receive on your bank deposit is also reasonable, so that you can enjoy the added benefits.
Spain is a great choice for people who can communicate in Spanish. Assuming you choose to put resources into this country, you need to live here for quite a long time (about five years) to get its passport. However, if you are a resident of any Spanish-speaking nation in the continent of America, you just need to stay here for two years. This applies to Brazil and the Philippines too. If you can support yourself, then after 2 years you can apply for a Spanish passport. If a person has Latin relatives, the process becomes easier.
If you are looking for a country that offers the best business opportunities and climate, then Malta would be a great option for you. It also has a lot to offer its tourists. Malta is also called a tax-friendly nation. If you want to get a passport of this country, then you have to stay in it for at least 12 months. One of the best ways to obtain Malta citizenship is by investment program, where the applicant is required to buy a real estate property for about 350,000 Euros or to donate about 650,000 to the government national fund development.
For somebody to get a citizenship of Peru, they have to be either able to do schooling in the nation, start his own business, or demonstrate the capacity to earn at least $1,000 per month in investment or in pension. When one receives a residence permit in Peru, they are expected to reside in the country for quite a long time ( at least two years) before they can apply for citizenship. You also have to go through a language test before receiving the passport. At times, the candidate might be expected to change their name to a Spanish style. Nonetheless, the nation offers dual citizenship.
To Sum Up
Many people think that obtaining a second passport is a difficult task. But, it is not if you choose a country that offers an easy process to get dual citizenship. Check out the above list of nations to get an idea about how you can easily receive citizenship of these countries.