It looks like the price of golden visas is set to sky rocket in 2018, this according to the recent Global Residence and Citizenship conference in Hong Kong last week
Malta PM Joseph Muscat said in a speech that the second iteration of Malta’s programme would be “even more exclusive” than the current version, indicating a price increase.
Here are the current top 10:
1. Bulgaria [EU]
It’s one of the two programs where the investor is likely to see her investment again. This offering allows you to invest €512,000 in government bonds in exchange for residency. Then, after a year, invest another €512,000 to gain citizenship. There are also business investment options. That’s about $1.2 million.
2. St. Lucia
The St. Lucia second passport program is new and modelled after the Bulgaria citizenship program. With St. Lucia, you have the option of buying the passport for $200,000 to $250,000 or investing $500,000 to $550,000 in government bonds for five years.
3. Malta [EU]
Like Bulgaria, Maltese citizenship gives you the right to live and work anywhere in the European Union. It also allows you to travel visa-free to the United States. Malta and the US have a Visa Waiver program, which operates a bit differently from other systems.
4. Cyprus [EU]
Cyprus is the third smallest nation in the European Union and made it on to the world stage by seizing wealthy foreigners cash to bail out their banks during their 2013 recession. Surprisingly, from this mess came their current citizenship offer.
5. Austria [EU]
Austria is the gold standard of the second passport and citizenship by investment programs. If money is no object, this is the passport to buy.
6. Greece [EU]
Greece is pretty reasonable in terms of buying into the programme. Get a property that you and your family can live in for under about $250,000.
Dominica is the least expensive of the Caribbean passports. A second passport from Dominica will cost a family of four (applicant, spouse and two children under 18-years-old) about $250,000, plus $25,000 for each additional child under age 25.
8. Antigua and Barbuda
Like St. Kitts (below), you can buy an Antiguan passport for a $275,000 donation or a $500,000 investment in real estate, plus about $60,000 in fees. Also like St. Kitts, the passport gives you visa-free travel to 132 countries and is ranked 24th.
9. St. Kitts and Nevis
St. Kitts has become the #1 seller of second passports in the world. You can buy a passport with a $295,000 “donation” to their sugar fund or by investing at least $500,000 in real estate. You never need visit St. Kitts nor take a citizenship test… simply pay the money or buy the property and you’re good to go.
Grenada reopened its citizenship by investment in 2014 (having closed it from 2001 through 2013). The current version requires an investment of $250,000 in an approved real estate project.
All in all there is lots of opportunity out there for people who want a second or third passport.