Top 12 Best Countries for Second Citizenship

Many British citizens are concerned about what’s going to happen in the next few years in the wake of Brexit, so the prospect of moving abroad may be more appealing.

But as we all know, it’s a lot easier to move to some countries than others.

Another good option is to get a second citizenship, which can afford you increased personal security and greater global mobility.

A second passport from any country in the EU will give you the right to live or work anywhere in the European Union too.

But according to new research by the CBI Index, the best countries for second citizenship are a touch more exotic, with Dominica, St Kitts and Nevis, and Grenada taking the top spots.

There are European countries that score highly though, with Cyprus, Malta, Bulgaria and Austria all making the top 12.

You could be in Dominica right now

Countries were ranked on the “seven pillars of CBI”:

  • Freedom of movement
  • Standard of living
  • Minimum investment outlay
  • Mandatory travel or residence
  • Citizenship timeline
  • Ease of processing
  • Due diligence
Or what about Hallstatt in Austria?

Of the countries that offer second citizenship by investment, these are the top 12 and their scores out of 100:

  1. Dominica - 90
  2. St Kitts and Nevis - 88
  3. Grenada - 85
  4. Antigua & Barbuda - 78
  5. Saint Lucia - 76
  6. Vanatu - 76
  7. Cyprus - 67
  8. Comoros - 66
  9. Malta - 64
  10. Bulgaria - 61
  11. Austria - 54
  12. Cambodia - 53
Grenada looks alright

Top for freedom of movement were Austria, Malta, Cyprus and Bulgaria.

Standard of living was based on factors such as life expectancy, education, security and income. The top four countries were Austria, Malta, Bulgaria and Cyprus, and Austria and Grenada scored highest for education.

Minimum investment outlay is based on how much capital is required for the investor to become an eligible applicant for the programme of his or her choosing - the top countries were Comoros, Dominica and St Lucia.

Mandatory travel or residence is based on the travel or residence conditions imposed on applicants both before and after the granting of full citizenship. Dominica, Grenada, St Kitts and Nevis, and St Lucia scored highest.

We'd settle for Malta too

Citizenship timeline is how long it takes from when an application is submitted to the relevant government body to the granting of citizenship. The top countries were St Kitts and Nevis - which is the only country with a fixed scheme to ensure applications are processed within 60 days - Vanuatu, Comoros, Dominica and Grenada.

Ease of processing is how clear and streamlined the process of applying for citizenship is, and Antigua and Barbuda, Dominica, Grenada, and St Kitts and Nevis came out top. In Austria and Comoros you have to have an interview, and applicants for Cambodia must complete history and language tests.

Due diligence is based on each nation’s commitment to ensuring that their programme remains transparent and effective at evaluating potential candidates for citizenship - Dominica, Malta, and St Kitts and Nevis were top rated.

We’ll see you in Dominica.

January 25, 2020
Abu Dhabi Hosts the First Dominica Embassy In the Middle East

Abu Dhabi, 25th Jan, 2020 Dominica has established its first-ever embassy in Abu Dhabi, the capital of the United Arab Emirates. On 21st Jan 2020, the Prime Minister of Dominica, Dr. Roosevelt Skirret inaugurated the embassy and announced Dominica’s formal entry into the Middle East. Hubert J Charles is appointed the first ambassador who has […]

January 21, 2020
Dominica’s CIB and Tourism led its GDP Grow 9%: UN ECLAC

A recent report released by the United Nations’ Economic Commission of Latin America (ECLAC) announced Dominica’s GDP rose by 9% in 2019. The reason for this jump is its burgeoning Tourism and Citizenship by Investment Program, declaring Dominica to be the fastest growing Economy in all of Latin America and the Caribbean Region. A growing […]

January 4, 2020
Schengen Visa Holders And US, UK Nationals Now Eligible for Saudi Arabia’s Tourist e-Visa

Nationals of U.S, Schengen or UK tourist or commercial visas holders can get visa on arrival into Saudi Arabia, state news agency SPA reported on Thursday (Jan 2). SPA states in the General Authority for Tourism and National Heritage that the passport holder must have used their visa to enter the USA, UK or any of […]

September 28, 2019
Saudi Arabia Is Opening Its Doors to Foreign Tourists for the First Time
ABOUT

DUBAI OFFICE

CYPRUS OFFICE

Copyright 2020 CTrustGlobal Ltd. | All Rights Reserved | Working under the umbrella of Trust Group

phonefaxpaper-plane linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram