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Citizenship by investment, also known as investment migration, enables wealthy investors to gain additional citizenships by making a significant contribution to a host country, usually through an investment fund or a real estate purchase. While once the domain of the super-wealthy, investment migration programs (sometimes referred to as golden visas) are increasingly accessible as more cost-effective residence and citizenship by investment programs are available, and many of the cheapest citizenship by investment programs offer enticing benefits and returns for a surprisingly low investment amount.
As more countries launch attractive programs across the globe, residence and citizenship by investment is becoming a key investment strategy for a wider group of investors looking to diversify their portfolios geographically while gaining the added benefit of improving their travel freedom and economic mobility.
With this in mind, we have curated the following list of the cheapest citizenship by investment programs that are currently offered.
A lush island paradise with 365 beaches of clean, clear, turquoise waters, Antigua and Barbuda is an attractive place to live or to own a second home in, with excellent air links to North America and Europe. An Antigua and Barbuda passport grants visa-free or visa-on-arrival access to approximately 150 destinations including Europe’s Schengen Area, Hong Kong, and the UK.
The minimum investment requirement for the Antigua and Barbuda Citizenship by Investment Program is USD 230,000.
The beautiful Caribbean island of Dominica is known for its friendly population and almost non-existent crime rate. With one of the shortest processing times and no residence requirements, Dominica offers one of the most efficient and cheap citizenship programs. Dominican citizenship allows passport holders to travel to over 140 destinations without needing a visa in advance.
The minimum investment requirement for the Dominica Citizenship by Investment Program is USD 200,000.
St. Lucia, situated in the eastern Caribbean Sea, is known for its lush rainforest and magical beaches. Citizens of St. Lucia can travel to over 140 destinations, including Europe’s Schengen Area, without needing a prior visa. In addition to being one of the cheapest golden visas, it also has favorable legislation that incentivizes companies to move their headquarters to the island.
The minimum investment requirement for the St. Lucia Citizenship by Investment Program is USD 240,000.
St. Kitts and Nevis offers a diverse culture with African, British, Carib, and French influences. A St. Kitts and Nevis passport offers visa-free or visa-on-arrival access to over 150 global destinations and citizenship-by-descent is available to future generations.
The minimum investment requirement for the St. Kitts and Nevis Citizenship by Investment Program is USD 250,000.
For those seeking citizenship of a European country, Türkiye is an excellent choice. Located at the crossroads of Europe and Asia, Türkiye is a transcontinental business hub that offers bustling modern cities, a stunning Mediterranean coastline, and a rich history and culture. Turkish citizens are able to travel visa-free or with a visa on arrival to approximately 110 destinations including Japan and Singapore.
The minimum investment requirement for the Türkiye Citizenship by Investment Program is USD 400,000.
Located in Southeast Europe, the Republic of North Macedonia is surrounded by picturesque rivers and scenic, lush mountainous areas. Its investment migration program offers the cheapest golden visa in Europe, granting citizenship of a upper-middle income country with a friendly and hospitable culture and a favorable tax environment. An added benefit of North Macedonian citizenship is that it facilitates visa-free or visa-on-arrival access to over 120 destinations including Europe’s Schengen Area, Hong Kong, and Türkiye.
The minimum investment requirement for the North Macedonia Citizenship by Investment Program is EUR 200,000.
Nestled in the central Pacific in Oceania, Nauru is one of the world’s smallest independent nations and offers a unique citizenship opportunity through its Economic and Climate Resilience Citizenship Program. This program allows successful applicants to secure a safe second citizenship while supporting Nauru’s efforts toward sustainable development and climate resilience. A Nauru passport offers a politically neutral alternative for travel, providing a valuable safety net during global instability with visa-free access to strategic destinations, including Hong Kong (SAR China), Ireland, Singapore, the UAE, and the UK, enhancing travel flexibility.
The minimum investment requirement for the Nauru Economic and Climate Resilience Citizenship Program is USD 130,000.
While the cheapest citizenship options start with Nauru, followed by the Caribbean islands of Antigua and Barbuda, Dominica, and St. Lucia, those looking for a faster process might consider North Macedonia and Türkiye as the cheapest citizenship by investment choices in Europe.
Expanding your global access through a citizenship program is no longer a luxury reserved for the ultra-rich. Whether you are looking to improve your travel freedom, diversify your investment portfolio, or secure your legacy for future generations, there are a number of cost-effective citizenship by investment programs that can help you achieve your goals.
Henley & Partners assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation.
