Rankings

Overall

In 2019, Dominica remained the best-scoring citizenship by investment nation, retaining first place for the third year in a row.

Combine-Ranking-CBI-2019
I.

Dominica

  • Two options for economic citizenship
  • Single applicant minimum outlay: US$100,000
  • No travel or residence requirements
  • No interview requirement; no language or culture test
  • Very fast processing
  • Spotlight: the Dominica Citizenship by Investment Unit is highly competent and adheres to strict due diligence procedures
Dominica
II.

St Kitts and Nevis

  • Four options for economic citizenship
  • Single applicant minimum outlay: US$150,000
  • No travel or residence requirements
  • No interview requirement; no language or culture test
  • Fast processing, with an Accelerated Application Process
  • Spotlight: the world’s oldest citizenship by investment programme, commonly referred to as the ‘Platinum Standard’
skn
III.

Grenada

  • Three options for economic citizenship
  • Single applicant minimum outlay: US$150,000
  • No travel or residence requirements
  • No interview requirement; no language or culture test
  • Processing improved from last year’s “prolonged delays”
  • Spotlight: citizens of Grenada can apply for an E-2 Visa to the United States and travel without a visa for up to 30 days to China
Grenada
IV.

St Lucia

  • Five options for economic citizenship
  • Single applicant minimum outlay: US$100,000
  • No travel or residence requirements
  • No interview requirement; no language or culture test
  • Fast processing
  • Spotlight: there is some lack of clarity around real estate investment options and programme continuity
saint lucia
V.

Antigua and Barbuda

  • Six options for economic citizenship
  • Single applicant minimum outlay: US$125,000
  • Adult applicants must make one trip to take the oath of allegiance and show five days of residence within five years of citizenship. The travel and residence requirements can be fulfilled contemporaneously, and can be completed by minors after they turn 18
  • No interview requirement; no language or culture test
  • Average processing speed
  • Spotlight: lost visa-free travel to Canada in June 2017, but signed an agreement for visa-free travel to Russia in June 2019
antigua
VI.

Vanuatu

  • One option for economic citizenship
  • Single applicant minimum outlay: US$130,000
  • Applicants must travel to Vanuatu, Dubai, Hong Kong, or Singapore to take the oath of allegiance
  • No interview requirement; no language or culture test
  • Very fast processing
  • Spotlight: the Development Support Programme now offers full – not honorary – citizenship
Vanuatu
VII.

Cyprus

  • Three requirements plus one of three options for economic citizenship (or combination)
  • Single applicant minimum outlay: €2,150,000
  • All applicants must own a €500,000 Cypriot residence and must be resident permit holders prior to applying. Travel is required twice, to give biometrics and take the Oath of Faith
  • No interview requirement; no language or culture test
  • Processing takes around six months
  • Spotlight: due diligence includes showing a valid Schengen Visa and no rejection for citizenship of the EU; a 700-applicant per year cap applies
Cyprus
VIII.

Malta

  • One option for economic citizenship
  • Single applicant minimum outlay: €880,000
  • Applicants must show 12 months of Maltese residence, and travel to apply for a residence card, give biometrics, and take the oath of allegiance
  • No interview requirement; no language or culture test
  • Processing can take no less than 12 months
  • Spotlight: applicants must maintain global health insurance; the IIP is capped at 1,800 main applicants
Malta
IX.

Turkey

  • Five options for economic citizenship
  • Single applicant minimum outlay: US$250,000
  • No residence requirements, but the applicant must obtain an investor residence card
  • No interview requirement; no language or culture test
  • Processing has slowed significantly due to increased demand fuelled by a drop in minimum investment requirements
  • Spotlight: to be valid, all investments must first be recognised by the relevant Government ministry
Turkey
X.

Bulgaria

  • Two options for economic citizenship
  • Single applicant minimum outlay: BGN 1 million
  • Minimum physical presence is not required, but multiple trips must be made to apply for and register permanent residence
  • Interview requirement; no language or culture test
  • Citizenship takes at least three years, and five years where the most affordable investment option is selected
  • Spotlight: economic citizenship is only available to non-EU nationals
Bulgaria
XI.

Austria

  • One option for economic citizenship
  • Single applicant minimum outlay: actual or expected outstanding achievement of an economic nature
  • Applicants must make one trip to Austria to take the oath of allegiance
  • Interview requirement; no language or culture test
  • Processing takes around two years
  • Spotlight: lack of clarity as to requirements and likelihood of success has generated reluctance towards applying for Austrian economic citizenship
austria
XII.

Cambodia

  • Two options for economic citizenship
  • Single applicant minimum outlay: KHR 1 billion
  • No residence requirement for applicants for the donation route; nominal residence requirement for the approved investment route. Travel is required to obtain certificates and take the citizenship oath
  • No interview requirement; Khmer language and history test
  • Quick processing
  • Spotlight: applicable law is expected to be amended to increase the minimum outlay
Cambodia
XIII.

Jordan

  • Five options for economic citizenship
  • Single applicant minimum outlay: US$1 million
  • No travel or residence requirements
  • No interview requirement; no language or culture test
  • Fast processing
  • Spotlight: naturalised Jordanians face bars to pursuing political or diplomatic positions
Jordan

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