Citizenship by investment through real estate continues to attract high-net-worth individuals in 2024. Many investors seek more than just financial returns. They pursue the ability to live, work, and travel freely across multiple destinations. Countries offer investment programs that provide this. But the main draw for investors is the option to secure citizenship through purchasing property.
Several countries have designed these programs, aiming to attract foreign investors. Some stand out by offering more favorable conditions, making them a priority for those seeking a second passport. Below, you will find the top programs available in 2024.
Key Points:
- Citizenship can be secured through real estate investment.
- Different destinations offer varying benefits.
- Some programs have faster processing times.
- Minimum investment thresholds differ across locations.
- Real estate investment can offer significant personal and financial advantages.
What is Citizenship by Investment?
One common path to secure a second passport is through a real estate investment. Individuals invest in properties, meeting the financial thresholds set by governments. As a result, they obtain citizenship. For those seeking opportunities, Soland offers exclusive services for citizenship by investment, making the process seamless. Based in Dubai, they help turn global aspirations into reality. Their expert team provides insights into the world’s best destinations for such programs.
1. Dominica
Dominica remains a favorite in 2024 due to its affordable investment requirements. It offers one of the lowest minimum property investments, starting at $200,000. Dominica also allows investors to maintain dual citizenship, making it attractive for those who want to expand their global access. Processing takes about 3-4 months.
Investors benefit from visa-free or visa-on-arrival travel to over 140 countries. The Caribbean destination offers an eco-friendly lifestyle, with real estate opportunities often centered around luxurious resorts or eco-lodges. Tax benefits, including no capital gains or inheritance taxes, further sweeten the deal.
2. St. Kitts and Nevis
St. Kitts and Nevis is another attractive option for investors in 2024. The real estate investment threshold starts at $200,000. Investors gain the right to live and work in the twin islands, and they can travel to over 160 countries without a visa. The citizenship process takes around 3-6 months.
What makes St. Kitts and Nevis appealing is the opportunity to invest in resort projects or luxury villas, which offer good returns. The islands also provide a peaceful and secure environment, making them a great choice for those looking to relocate.
3. Portugal
Portugal’s Golden Visa program has been a key player for those seeking European citizenship. The minimum investment in real estate starts at €500,000. Investors also have the option to lower their threshold to €350,000 for properties located in urban rehabilitation areas.
Portugal’s program stands out because it not only offers a pathway to citizenship after five years, but it also provides residency. The main attraction is the visa-free access to Schengen Zone countries and the option to apply for permanent residency. Lisbon and Porto are top destinations for real estate, offering high returns due to tourism and growing expat communities.
4. Greece
Greece continues to be a strong contender with its affordable investment threshold of €250,000. The program provides a residency visa that can lead to full citizenship after seven years. Greece’s strategic location between Europe and Asia, coupled with its historic appeal, makes it attractive to investors.
Investors can choose properties in Athens, Thessaloniki, or popular islands like Santorini. The booming tourism industry ensures good rental income for property owners. Many investors focus on purchasing vacation homes or apartments with short-term rental potential.
5. Cyprus
Cyprus offers a unique opportunity in Europe for investors aiming for citizenship. The required real estate investment is set at €2 million. This program grants full EU citizenship in just six months, one of the fastest available.
Cyprus offers access to the European Union’s single market, and investors can live, work, and study anywhere in the EU. Nicosia and Limassol remain the most popular cities for real estate investments, particularly in the luxury sector.
6. Antigua and Barbuda
Antigua and Barbuda offers another excellent option for those looking for a second passport. The minimum investment starts at $400,000 for real estate. It allows visa-free access to over 150 countries, including the UK and EU Schengen Zone.
The property market in Antigua and Barbuda offers strong returns, especially in resort developments. The destination is famous for its stunning beaches, which attract a high volume of tourists. Investors often capitalize on short-term rental income while gaining citizenship benefits.
7. Malta
Malta’s program is well-established, offering the chance for investors to secure European citizenship. The required real estate investment begins at €700,000. Applicants must also meet residency conditions, staying in Malta for 12 months before being eligible to apply for citizenship.
Malta offers visa-free access to over 180 countries, including the US and Canada. The country’s strategic location in the Mediterranean, coupled with its business-friendly climate, makes it an ideal destination for global investors. Real estate investments often focus on high-end apartments in Sliema, St. Julian’s, and Valletta.
8. Turkey
Turkey has become one of the fastest-growing destinations for citizenship through property investment. The required minimum investment is $400,000. Processing time is fast, often completed within three months.
Turkey’s real estate market offers a wide range of options, from luxurious villas along the Bosphorus to modern apartments in Istanbul. Investors benefit from dual citizenship opportunities and visa-free access to over 110 countries. Turkey’s strategic location bridging Europe and Asia adds to its appeal.
9. Spain
Spain remains one of Europe’s most attractive investment options. The minimum real estate investment is €500,000, granting access to the Golden Visa program. Investors can apply for full citizenship after 10 years.
The Spanish property market continues to thrive, with Barcelona, Madrid, and Marbella leading in popularity. Many investors target properties that generate rental income through tourism, offering both financial returns and long-term gains.
Comparison Table:
| Country | Minimum Investment | Processing Time | Visa-Free Access |
| Dominica | $200,000 | 3-4 months | 140+ countries |
| St. Kitts and Nevis | $200,000 | 3-6 months | 160+ countries |
| Portugal | €500,000 | 5 years | Schengen Zone |
| Greece | €250,000 | 7 years | Schengen Zone |
| Cyprus | €2,000,000 | 6 months | EU market |
| Antigua and Barbuda | $400,000 | 3-4 months | 150+ countries |
| Malta | €700,000 | 12 months | 180+ countries |
| Turkey | $400,000 | 3 months | 110+ countries |
| Spain | €500,000 | 10 years | Schengen Zone |
Conclusion
Real estate-based citizenship programs offer a unique path to global freedom. Investors gain access to new markets, secure financial returns, and unlock travel privileges. The destinations listed above present excellent opportunities in 2024.
Whether you’re looking for a Caribbean retreat or a European residence, investing in real estate can open doors to new possibilities. Always consider the benefits each destination offers, from visa-free travel to potential returns on your property investment.
