Top ten countries to buy citizenship and residency in 2021

Forget needing to be born there or having to dig out a grandparent’s birth certificate; you can gain residency or citizenship in a number of the world’s most sought-after destinations – if you’re willing to cover the cost.

1. United Kingdom

The UK provides a wealth of opportunity for High-Net-Worth-Individuals (HNWIs) looking to gain citizenship by investment. Its capital, London, is the financial hub of the world. With an abundance of real estate options, some of the world’s finest private schools and excellent travel connections, it’s no wonder why the country’s Tier 1 Immigration programme is so popular. It offers a fast-track option of settlement in the UK, with a later path to citizenship, depending on your capital levels.

2. United States

Despite a rather complex immigration process, the US remains one of the most favoured destinations for those looking to obtain second citizenship. This high level of interest is largely due to the relatively stable economy and safe investment environment. Currently, the United States’ EB-5 investment visa offers a relatively quick and simple route to permanent residency and the fastest way to a green card.

3. Australia

Migration has always played an incredibly important role in Australia’s economy. As such, the country continues to focus on attracting skilled migrants and substantial business investment. The beautiful scenery and easy-going lifestyle have obvious pulling power, but the country’s real appeal is more than skin deep. High levels of safety, education and healthcare, as well as a cost-effective tax system, are primary reasons why the wealthy find it so attractive. Many HNWIs are using the Provisional Business Innovation and Investment visa (subclass 188) to make a designated investment in an Australian state or territory and want to maintain business and investment activity in Australia after their original investment has matured. The visa also provides a path to permanent residency.

4. Portugal

Portugal’s Golden Visa is arguably the most successful programme of its kind, considered today to be the preeminent gateway into Europe for individuals all around the world. Under current Golden Visa rules, you can apply for a residency permit in Portugal (with full travel access to the European Union) through different investment options, with the most popular being a property or private equity fund investment totalling €350,000. The programme offers much more than just sound investment options, however, it’s also a path to EU citizenship.

5. Antigua and Barbuda

Antigua and Barbuda is an archipelago of two main islands and several smaller islets situated at the northern end of the Lesser Antilles. It’s a former British colony and now an independent member of the Commonwealth of Nations. Antigua is the more developed and tourist-oriented of the islands, while Barbuda consists mainly of lowlands and beaches. The country’s citizenship-by-investment programme gives qualifying investors dual citizenship and the ability to enjoy visa-free travel to 150 countries. This is also considered to be the most cost-effective family-oriented programme available in the world.

6. Grenada

Grenada is a stable, independent nation that maintains its ties to the British monarchy. This is the so-called “Spice Island”, renowned for its production of nutmeg and mace. Grenada is also a frequent cruise ship destination, and tourism is a chief contributor to its economy. Today, Grenada passport holders can travel visa-free or by visa-on-arrival to over 140 countries. On top of that, it is the only Caribbean citizenship-by-investment programme that holds an E-2 Treaty Investor visa with the USA.

7. Ireland

The Irish government created the Immigrant Investor programme to support investment and enhance the country’s position as one of the world’s most globalised economies. Interest in the programme is steadily increasing as businesses and the affluent recognise the personal and professional advantages of maintaining a foothold in Europe. Currently, there are four different routes within the programme, each requiring a substantial investment.

8. Malta

Malta’s citizenship by investment programme offers a secure EU relocation route with a fast and straightforward residency acquisition for the entire family and the possibility to lodge citizenship applications after just 12 months. Becoming a Maltese citizen also grants countless benefits: a quick and efficient process, freedom of mobility and the chance to live in one of the sunniest, most respected EU member states. The programme is largely aimed at those who want to enjoy the benefit of visa-free travel to more than 160 countries, and to have a reliable backup residence at their disposal.

9. Mauritius

Mauritius is increasingly recognised as one of the leading African property markets for foreign investors. This rise in popularity can largely be attributed to the modern infrastructure, dynamic business sector, welcoming population and famed, laid back island lifestyle – all part of the continued allure currently propelling the country’s residency by investment programme.

10. Montenegro

Montenegro is known as the undiscovered jewel of the Mediterranean, with its beautiful sandy beaches along the coast and stunning mountain ranges towards the north. Its recent independence and expected EU inclusion by 2025 is making the country’s citizenship-by-investment programme a particularly popular option, bringing with it global mobility, increased security and improved quality of life.If you’re interested in securing residency or citizenship in any of the above-mentioned countries, our consultants can help choose the right programme for you. Give us a call on  +27 (0) 21 657 1584 or send an email to im@sableinternational.com and get started.