For those that are looking at the programs, it can be difficult to know how to choose between the different CIP Programs available. Here are some of the most popular programs:
St Kitts and Nevis
St Kitts and Nevis is home to one of the oldest programs in the Caribbean. To gain citizenship $150, 000 one-time contributions are required or a $200,000 investment in real estate is required. No residency or time spent living on St Kitts and Nevis are required to gain the passport. They also offer a 60-day fast track procedure that provides travel to 151 countries.
Cyprus citizenship by investment program is particularly popular due to it being a European Union Country. The program requires a 2-million-euro investment into real estate bonds or enterprises. Applicants are required to possess a Schengen visa when applying and there is a maximum of 700 passports issues every year.
The Malta citizenship program is yet another popular program since it was approved by the European Commission and the executive body of the EU in 2004. The government is very efficient, strict and committed to high levels of due diligence and evaluation of investors, in order to attract the most trustworthy candidates with the highest standards. Some of the requirements are a contribution of €650,000 after being issued a Malta approval letter, purchase in real estate of €350,000 and maintaining it for 5 or more years. See more on the Malta citizenship program here.
Moldova opened the new program in 2018. At just 100,000 euros it is one of the cheapest programs in eastern Europe. The process takes 3 months with no requirements for residency. The price is somewhat cheap due to Moldova not being a member of the EU or apart of the Schengen. However, it benefits from an E-2 treaty investor visa with the US.
Bulgaria offers fast track citizenship but strictly through residency. Applicants are required to invest one million euros that are locked for five years in government bonds. Due to recent stricter changes applicants now face language requirements. However, the passport provides many benefits as Bulgaria is an EU country and also has visa-free travel to Canada.
Vanuatu in the south pacific offers its citizenship by investment program for 150,000 dollars. Vanuatu has the fastest program of just one month and also has the benefit of providing visa-free travel to Russia. A person visit to the country is required but following this, no residency is required to gain the passport.