
There are several different options for buying a second passport. Some countries have low-cost fees, while others require you to give the government a large sum. For example, Saint Lucia and Dominica require you to donate at least $100,000 to their government. The best option for you may depend on your budget and how many countries you want to visit. Click this to know Grenada citizenship by investment cost.
St Lucia:
If you’re looking to travel the world but have a limited budget, St Lucia offers an affordable second passport for Americans. The island nation’s government has a citizenship-by-investment program that’s been around for nearly four years. To become a citizen, you must invest a minimum of US$500,000 in government bonds. These bonds pay zero interest and must be held for five years before you can get your money back.
Dominica:
Dominica has many advantages if you want to visit a new place or have a second passport. The country has a unique and diverse landscape that’s ideal for exploring. In addition to its unspoiled rainforests, Dominica has a breathtaking coastline and natural hot springs. Its natural beauty is so spectacular that Christopher Columbus would have recognized it. With over 750 square kilometers of land, four national parks, 365 rivers, and unique animals, Dominica has much to offer travelers.
Antigua and Barbuda:
Antigua and Barbuda offers affordable programs for second passport holders. The first passport is valid for five years, and subsequent passports are valid for a decade. Applicants must spend at least five days on the island to renew their passports. Families can save money by opting for the second passport program.
Portugal:
Portugal offers many advantages for ex-pats who wish to obtain a second passport. The country’s European passport is one of the strongest in the world, giving its citizens the unrestricted right to work, live, retire, and do business in any country within the continent. The country has strong ties with its former colonies, and its citizens can apply for citizenship if they meet certain requirements. Unlike many countries, Portugal allows citizens to apply for a second passport without a visa.
Nevis and St. Kitts:
If you’ve always wanted to become a citizen of a foreign country but don’t have enough money to buy a second passport, St. Kitts and Nevis might be a great option. Both countries offer citizenship through investment programs, which can be a great way to get your second passport. The passports are tax-free and can take about six months to receive.