Dual citizenship provides investment opportunities and many other benefits to the individuals depending on the country.
Gaining citizenship isn’t easy as it requires making an investment or going through different options which require more planning and efforts in the start and determination till the end.
That’s why we have come up with a list of 5 countries to get easy dual citizenship. What are they? Let’s learn here.
Guatemala is a beautiful country that provides citizenship by investment program and offers relatively cheaper residency and investment requirements. Guatemala citizenship by investment program allows the individuals to invest in government bonds and to carry out the whole application process within a year. The country offers affordable bedroom apartments and many other benefits for the individuals and requires them to stay for at least 21 days in the first year of their residence and 28 days in the next two years.
Ireland is a peaceful country with diverse beliefs. It offers dual citizenship to individuals through the blood of ancestors, marriage or five-year permanent residency. However, it has yet to introduce citizenship by investment program. Once declared as an Irish citizen, an individual has the right to access thousands of benefits offered by the country. Due to its flexibility, Ireland is considered as one of the best countries to live and work conveniently.
Italy is similar to Ireland but with more rules and limitations. The application process is easy and inexpensive as compared to other citizenship programs however, the country only issues dual citizenship to individuals born in a certain time period and city as the rules apply differently for each city.
Paraguay offers the cheapest citizenship by investment program to the investors. The individuals are required to deposit a certain amount in the bank account so they could apply for residency. Though the country has no restrictions and it offers many benefits however, an individual is liable to a percentage amount of tax on the income earned within the country.
Dominica citizenship by investment offers many benefits to individuals with minimum investment. The individuals are required to hire an authorized agent to assist them in the documentation process. After that, they’ll be called for an interview for further assessment. Although it’s easy, the full citizenship process can even take months or more than a year.