Citizenship by investment (CBI) allows foreign nationals to obtain citizenship and a second passport in return for financial investment in the country’s economy.
While CBI is an effective and fast way of obtaining an additional passport, some CBI programs have speedier processing times.
Therefore, to be considered the fastest citizenship by investment program, the processing time and road to citizenship must be quick. An added bonus is a low investment requirement, shorter to no residency requirements, and the great benefits of reduced taxes, asset protection, and an enhanced quality of life.
This guide will take you through the fastest citizenship by investment programs worldwide. The guide will give you an overview of the requirements, the processing time, and, most importantly, the benefits of each CBI program. Lastly, we will highlight the general application process.
Why opt for the fastest citizenship programs?
A Plan B
Regardless of what happens in your home or primary country of residence, your country of second citizenship is your ultimateย Plan B passport, welcomingย you without restrictions.
Increased travel freedom
Many CBI countries offer citizenship and strong passports, allowing holders to increase their visa-free travel options to countries such as members of the Schengen Area, the UK, Singapore, South Korea, and China.
Enhanced residence options
Some passports, such as those from the EU or OECS countries, grant the right to reside in member states through regional agreements.
Tax optimization
Many CBI countries offer favorable tax regimes for individuals and companies. For example, Vanuatu has no income taxes, taxes on capital gains, or corporate taxes, and Maltese citizens are not subject to paying annual property taxes.
Ideal weather
This is particularly evident in regions like the Caribbean and the Mediterranean, characterized by hot summers, cool winters, and sunny weather throughout the year. CBI countries such as Turkey, Grenada, and Vanuatu are hard to beat regarding weather.
Political stability
Numerous individuals have become significantly concerned about political stability. Options such as Antigua and Barbuda or Malta citizenship provide political stability and a safe environment in politically neutral countries with long-standing peace.
Returns on investments
CBI programs offer dual citizenship and ensure reasonable returns on investment, making them a financially strategic choice.
Better quality of life
Beyond financial gains, the desirability of new citizenship hinges significantly on its enhanced quality of life. According to the Global Passport Index, many individuals with a second citizenship benefit from an improved standard of living.
Nine Countries with the Fastest Citizenship by Investment
The list of countries with immigrant investor programs offering citizenship by investment is increasing yearly.ย Itโs possible to obtain second citizenship through numerous investment options, such as property investment, approved government bonds, development funds, and stocks and shares. Here is a list of countries offering fast citizenship by investment.
1. Vanuatu
The Vanuatu citizenship by investment program is the fastest citizenship scheme available. Vanuatu is also the only country in the South Pacific region providing a commonwealth passport to foreign investors. The process of applying for Vanuatu nationality is relatively simple.
Many countries offering permanent residence permits or citizenship by investment require investors to visit the country at least once to submit biometric data and fulfill additional formalities to complete the process before being granted a second passport.
In Vanuatu, citizenship by investment applicants do not need to visit the country as part of the programโs requirements. Successful applicants receive an official approval letter within two months of making a non-refundable contribution of $130,000 to the Vanuatu National Development Fund.
Category | Details |
Key Requirements | - Donation to the Development Support Program (DSP). |
Processing Time | 1–2 months |
Minimum Investment | $130,000 |
Passport Benefits | Visa-free/visa-on-arrival access to 90+ countries, including the UK, Singapore, and Hong Kong. |
Maintaining Citizenship | No residency requirement. |
2. St Lucia
The St Lucia citizenship by investment program is one of the most popular programs in the Caribbean. The minimum investment is $240,000 in the country’s National Economic Fund (NEF) while also offering real estate investment options.
St Lucia provides another fast citizenship by investment scheme, with the average turnaround from investment to receiving second citizenship of 10 to 12 months. There are also no residency requirements to apply for a St Lucia passport, and the country also offers visa-free access to popular destinations, including European countries, which makes it attractive for foreign direct investment.
Category | Details |
Key Requirements | -Contribution to the National Economic Fund, real estate, or government bonds. |
Processing Time | 10-12 months |
Minimum Investment | $240,000 |
Passport Benefits | Visa-free travel to 140+ countries, including the EU Schengen Zone and the UK. |
Maintaining Citizenship | - No residency requirement. |
3. St Kitts and Nevis
- Minimum investment:$250,000
- Citizenship processing time: Four to six months
St Kitts and Nevis’s citizenship by investment program is one of the oldest programs. It offers potential investors a quick citizenship application process to obtain Caribbean citizenship. The government will grant citizenship within four to six months to foreign nationals who fulfill the minimum investment amount and pass due diligence checks.
The country previously required a donation to its Sustainable Growth Fund for the economic contribution route. This has been reformed and is now called the Sustainable Island State Contribution (SISC), which requires a contribution of $250,000 to start the process for second citizenship.
Foreign nationals can also make a government-approved investment in real estate of at least $400,000 through a joint investment or a sole purchase of $800,000 to be eligible for a Plan B passport. The final investment option precipitates investing $250,000 in government-approved Public Benefit Projects.
In addition to its charming beaches and picturesque landscape, this small island nation provides excellent benefits beyond its borders. The St Kitts and Nevis passport is the strongest passport on the Global Passport Index of Caribbean nations with citizenship by investment schemes. Saint Kitts and Nevis passport holders enjoy visa-free and visa-on-arrival travel to 153 countries worldwide.
Category | Details |
Key Requirements | - Donation to the Sustainable Growth Fund (SGF) or real estate investment. |
Processing Time | Four-six months |
Minimum Investment | $240,000 |
Passport Benefits | Visa-free access to 150+ countries, including the EU, UK, and Singapore. |
Maintaining Citizenship | - No residency requirement. |
4. Dominica
Dominica’s citizenship by investmentย program is one of the best citizenship investment schemes in the Caribbean.ย Itย offers various investment routes for foreign investors to acquire citizenship.
In return for an economic contribution of $200,000 to the country’s Economic Diversification Fund (EDF) or investing $200,000 in government-approved real estate projects, you can obtain a Dominica passport through the Dominica citizenship program.
Moreover, no residency is required to maintain citizenship, making Dominica one of the most attractive schemes. Starting at $200,000, itโs also one of the most affordable citizenship by investment programs, while taking around six to nine months to get your Dominica passport application approved.
However, a regular timeframe is between six to nine months. Once the application is approved, investors receive a second passport with ten-year validity.
Category | Details |
Key Requirements | - Economic contribution or real estate investment. |
Processing Time | six-nine months |
Minimum Investment | $200,000 |
Passport Benefits | Visa-free travel to 140+ countries, including the EU Schengen Zone and the UK. |
Maintaining Citizenship | - No residency requirement. |
5. Grenada
Grenada’s citizenship by investment program is relatively quick. After making the qualifying investment, it takes around nine months to process your Grenada citizenship application. In addition to a short turnaround time, the country has no additional residency requirements or excessive criteria preventing eligibility for a second passport.
Investors can acquire Grenada citizenship by investing $270,000 as part of a joint-ownership property investment or $350,000 as a sole real estate investment. Like the investment schemes in other Caribbean countries, donations are an alternative investment option. A $235,000 donation to the countryโs National Transformation Fund (NTF) will fulfill the required contribution for citizenship by investment.
Several countries offer citizenship by investment in the Caribbean; however, the unique aspect of Grenada’s citizenship program is that Grenadan passport holders are the only citizens of countries providing citizenship by investment that can travel visa-free to China. Furthermore, visa-free and visa-on-arrival countries include an additional 147 countries.
Category | Details |
Key Requirements | - Contribution to the National Transformation Fund or real estate investment. |
Processing Time | Six months |
Minimum Investment | $235,000 |
Passport Benefits | Visa-free access to 140+ countries, including China and the EU. Eligibility for E-2 visa in the U.S. |
Maintaining Citizenship | - No residency requirement. |
6. Antigua and Barbuda
Antigua and Barbuda’s citizenship by investment program is another popular one. Itโs among the most affordable citizenship programs, with a qualifying investment of a $230,000 donation to the countryโs National Development Fund (NDF). Like the other citizenship by investment countries, investing at least $300,000 in approved property will be enough to acquire citizenship in Antigua and Barbuda.
The government takes four to five months to process citizenship applications and issue passports valid for five years. All these factors make Antigua and Barbuda citizenship one of the most popular options on the list of fastest citizenship by investment countries.
Category | Details |
Key Requirements | - Donation to the National Development Fund, real estate, or business investment. |
Processing Time | Four to five months |
Minimum Investment | $230,000 |
Passport Benefits | Visa-free access to 150+ countries, including the EU Schengen Zone, the UK, and Hong Kong. |
Maintaining Citizenship | - Spend at least 5 days in the country during the first 5 years. |
7. Malta
Malta is the only European country offering citizenship through a unique program expediting the naturalization process. The Malta citizenship by investment scheme, also known as the Malta Citizenship by Naturalization for Exceptional Services by Direct Investment (CES), allows non-EU/EEA and non-Swiss nationals to obtain EU citizenship within 12 to 36 months.
This may appear relatively long compared to other options on the citizenship by investment countries list. Still, since Malta is the sole country offering European citizenship within the Schengen Area, it’s worth noting as a fast citizenship option.
Being one of the few choices for European citizenship and an EU passport, its investment criteria necessitate a considerable capital investment. Foreign citizens must buy property for โฌ700,000 or sign a five-year lease agreement for at least โฌ16,000 annually.
Additionally, the 12-month naturalization period requires a non-refundable contribution of โฌ750,000, while the 36-month path to naturalization has a fee of โฌ600,000. A final requirement is a donation of โฌ10,000 to a Maltese nonprofit organization approved by the Community Malta Agency.
Category | Details |
Key Requirements | - Exceptional Direct Investment (EDI) and residence period. |
Processing Time | 12-36 months |
Minimum Investment | €750,000+ |
Passport Benefits | EU citizenship with access to 180+ countries, including the U.S., Canada, and Australia. |
Maintaining Citizenship | - Maintain residence for at least 12 months before applying for citizenship. |
8. Jordan
The Kingdom of Jordan is the only Middle Eastern country with a fast citizenship program. The government presents multiple investment routes to create an equitable program that accommodates many global citizens.
Investors can buy real estate, purchase treasury bonds, start a business, or deposit funds into a Jordanian bank account to qualify for a second passport. The cheapest investment option is to spend $750,000 on real estate or establish a tourism or renewable energy business.
Theย Jordanian citizenship by investment application process takes only three to six months after you fulfill the required investment and character criteria.
Category | Details |
Key Requirements | - Investment in government bonds, real estate, or job-creating projects. |
Processing Time | four to six months |
Minimum Investment | €750,000 |
Passport Benefits | Limited visa-free access to around 50 countries, including Turkey and Egypt. |
Maintaining Citizenship | - No residency requirement. |
9. Turkey
Turkey has been recognized as one of the best countries offering citizenship by investment for several reasons. The Turkish government offers numerous investment opportunities for its program, including real estate, purchasing government bonds, making a bank deposit in a Turkish bank, or creating jobs for Turkish citizens.
The cheapest option for Turkish citizenship by investment is purchasing property for at least $400,000. There is no specified investment amount for job creation; however, it necessitates establishing a new enterprise or investing in an existing Turkish business that creates 50 jobs for Turkish citizens.
After fulfilling the full investment criteria, investors can expect to receive citizenship and a Turkish passport within three to four months.
Category | Details |
Key Requirements | - Purchase real estate or deposit in a Turkish bank. |
Processing Time | Three to four months |
Minimum Investment | $400,000 |
Passport Benefits | Visa-free/visa-on-arrival access to 110+ countries, including Japan, Singapore, and South Korea. |
Maintaining Citizenship | - No residency requirement. |
Fastest Citizenship by Investment Comparison
Country | Minimum Investment | Residency Requirement | Time to Citizenship |
Turkey | €400 | none | 3-6 months |
Malta | €690,00 | None (but maintain investment) | 12 to 36 months |
St. Kitts and Nevis | €250,00 | None (investment must be maintained) | 4-6 months |
Antigua and Barbuda | €230,00 | 5 days | 6 months |
Dominica | €200,00 | None (investment must be maintained) | 6-9 months |
Vanuatu | $130,00 | None (investment must be maintained) | 60 days |
Grenada | €235,00 | None (investment must be maintained) | 9 months |
Saint Lucia | $240,00 | None (investment must be maintained) | 10-12 months |
Required Documents for Citizenship by Investment Programs
- Valid passport (certified copy)
- Police clearance certificate (from current and previous countries of residence for the past 10 years)
- Proof of source of funds (e.g., bank statements, tax returns, employment contracts, business financials, or inheritance documents)
- Bank reference letter
- Medical certificate confirming good health
- Proof of health insurance (in some programs)
- Completed citizenship application forms
- Investment agreement forms (if investing in real estate or other qualifying assets)
- Passport-sized photographs (meeting specific requirements for dimensions and background color)
- Receipt of payment for application fees, due diligence fees, and processing fees
How to Apply for Citizenship by Investment
The application process may differ depending on each country’s requirements, but there are general steps to be followed when getting a passport through citizenship by investment. Here is an overview of the step-by-step application process.
Step one: Choose an investment option.ย Define your budget and investment criteria to ascertain which investment aligns with your needs and financial goals.
Step two: Engage with a reputable licensed agent or advisor. Engaging with an entity specializing in citizenship through investment will ensure your eligibility for the program. A licensed agent or advisor will guide you through the application process and assist with presenting the required documentation.
Step three: Gather all the required documents. The needed documents generally include the following:
- Proof of identity
- Bank statements and financial records proving a legitimate source of funding
- Passport copies
- Criminal record certificates
- Birth or marriage certificates for any dependents included in the application
Step four: Make the required investment. Once you’ve gathered your documents, make the required investment as the program specifies. This could involve buying real estate, government bonds, establishing new enterprises, or other approved options.
Step five: Submit your citizenship application. Along with all the required documents and proof of investment, submit your citizenship application to the relevant government authority and pay the necessary application fees.
Step six: Await a decision. Wait for due diligence checks to be completed. The processing time for approval varies depending on the country and the complexity of your application. Most of the fastest citizenship countries complete the process within three to six months.
How Can Global Citizen Solutions Help You?
Global Citizen Solutionsย is a boutique migration consultancy firm with years ofย experience delivering bespoke residence and citizenshipย by investment solutions for international families. Withย offices worldwide and an experienced, hands-on team, we have helped hundreds of clients worldwide acquire citizenship, residence visas, or homes while diversifying their portfolios with robust investments.ย
We guide you from start to finish, taking you beyond your citizenship or residency by investment application.ย
Frequently Asked Questions about Fastest Citizenship by Investment
What is instant citizenship?
Instant citizenship relates to countries that offer expedited or accelerated citizenship schemes or naturalization, typically through investments in real estate, government bonds, company shares, or contributions to a national economic fund. While there is no universally accepted list of such countries, some countries are known for providing relatively faster pathways to citizenship and obtaining second passports.
Instant citizenship countries include Dominica, Malta, Antigua and Barbuda, Vanuatu, St Kitts and Nevis, Saint Lucia, Turkey, Jordan, and Grenada.
Which countries grant citizenship easily?
Here is a list of ten countries that offer citizenship easily:
- Antigua and Barbuda
- Cambodia
- Dominica
- Grenada
- St Kitts and Nevis
- St Lucia
- Jordan
- Malta
- Turkey
- Vanuatu
Which country gives the fastest citizenship by investment?
The fastest EU citizenship to get is Malta citizenship. Investors can obtain a Maltese passport through the Malta Citizenship by Naturalization for Exceptional Services by Direct Investment (CES) program. This program allows foreign nationals who make three investments, including a real estate investment, a government contribution, and a charitable donation, to obtain Maltese citizenship by naturalization within three years.
Which EU country has the shortest time to citizenship?
Malta has the shortest time to citizenship in the European Union. Foreigners who make a series of three investments, including a real estate purchase or leasing property, a government contribution, and a donation to an approved NGO, can obtain a Maltese passport by naturalization within 12 to 36 months.
Which European country's permanent residency is fastest?
Portugal, Spain, Malta, Cyprus, Italy, and Greece are the EU countries offering the fastest permanent residency programs with straightforward eligibility criteria.
This is on the condition that applicants have a clean record and the necessary legal documents, such as a passport, birth certificate, or marriage certificate.
Which Golden Visa in Europe is the fastest?
Greece, Italy, Spain, and Portugal offer the fastest Golden Visa programs in Europe. Foreigners can obtain an Investor Visa and residence permit valid for five years within two to four months, provided they fulfill the required investment and due diligence checks.ย
What are the fastest citizenship by investment countries?
The fastest citizenship by investment: top 9 countries
- Vanuatu: 1โ4 months.ย
- St Kitts and Nevis: 4-6 months
- Dominica: 6+ months.ย
- St Lucia: 6+ months.ย
- Grenada: 8+ months.ย
- Antigua and Barbuda: 6 months.ย
- Turkey: 8+ months.ย
- Egypt: 10+ months.ย
- Malta: 1โ3 years.