Real estate is the perfect way to gain citizenship. It is also an ideal form of diversification if things go wrong in one nation. You can have citizenship in multiple countries if you wish. However, in some countries, it will be revoked if you join another country. Here are four of the best countries for both real estate properties and citizenship.
Citizenship in Saint Kitts
The Saint Kitts passport is well-recognized around the world. The minimum investment is $400,000 in a rental property. However, there are charges of $35,000 for the main applicant, $20,000 for a spouse, and $10,000 per child. This is a beautiful country with real estate properties that many expect to appreciate in value, due to demand. However, properties are now in short supply, due to the popularity of the program.
Real Estate in Cyprus
Cyprus remains one of the fastest citizenship options in the world. Citizenship can be processed in 6 months. However, the real estate minimum is $2 million, which might be a little too much for some investors. After this, the investment needs to be kept for 3 years. Investors can sell the investment after this, but they need to maintain $500,000 of holdings for the future. This is an excellent opportunity, as investors can then travel all over Europe and work there.
The Portugal Silver Coast
This is a great real estate program. Investors can access certain properties for 6 months, with a guaranteed return of 5%. The minimum investment is $500,000, and the visas have to be renewed every 2 years. There are many options to invest in Portugal, aside from just the Silver Coast. However, this area offers stunning views and has a great location. Prices are also very attractive.
Greece might seem like a surprising entry on the list, due to ongoing economic turmoil. Moreover, real estate prices are questionable in the region. However, investors only need $250,000 to qualify for citizenship. As many investors are investing in this region, real estate can easily appreciate.
These are some of the best countries for getting residency and citizenship through real estate investment. If you have the money, you can give it a shot.