Explore the Best Countries That Give Citizenship by Investment in 2024

Which countries offer citizenship by investment in 2024? In this article, we discuss countries that give citizenship by investment. From minimum investment thresholds to the perks of economic citizenship, we outline key programs globally to help you pinpoint the ideal nation for your investment and passport goals.

Key Takeaways

• Citizenship by Investment (CBI) programs offer benefits for both investors and host countries, with incentives like tax benefits for investors and economic growth for countries.
• CBI landscapes differ globally, with Caribbean nations offering cost-effective and expedient processes and European countries granting access to the EU’s internal market and broader visa-free travel.
• Various investment avenues are available in CBI programs, including real estate, government bonds, and national transformation fund contributions, each with different benefits and considerations.

Navigating the World of Citizenship by Investment

Citizenship by investment (CBI) presents a mutually beneficial proposition, often referred to as economic citizenship. For the investor, it offers a slew of financial benefits, including tax incentives, asset protection, and improved quality of life. Countries like St. Kitts and Nevis, for instance, offer no personal income tax, capital gains tax, or inheritance taxes.

For the host countries, the impact of CBI programs is equally transformative. The influx of foreign capital plays a crucial role in stimulating economic development. This investment often goes into key sectors such as real estate, tourism, and infrastructure projects, which can lead to substantial job creation and overall economic growth. The foreign investment brought in through CBI programs can also help diversify the host country’s economy, making it more resilient to economic fluctuations.

Moreover, CBI programs can lead to the development of new industries and contribute to the cultural and social fabric of the host country. The presence of investors from diverse backgrounds can bring new perspectives and expertise, fostering an environment of innovation and cultural exchange.

A Global Overview of Citizenship by Investment Programs

CBI programs differ significantly and are not a one-size-fits-all solution. The variation in CBI programs is evident in the differing investment thresholds, types of investments required, processing times, and the benefits offered. For instance, some countries may focus on real estate investments as a pathway to citizenship, while others might offer options like government bonds, business investments, or donations to national funds. The minimum investment amounts can range from relatively affordable options in the Caribbean to more substantial investments required by European nations.

High-net-worth individuals are drawn to these programs for several reasons. One of the primary attractions is enhanced global mobility. A second passport from a country with a strong visa-free travel agreement can open up numerous doors for international travel, making it easier for investors to conduct business across borders, enjoy leisure travel, or access international educational opportunities for their families.

Caribbean’s Attractive CBI Landscape

Caribbean region stands out as a particularly attractive destination for Citizenship by Investment (CBI) programs, drawing significant interest from investors worldwide. This popularity is largely due to several key factors that make Caribbean CBI programs highly appealing.

• Firstly, Caribbean CBI programs are known for their competitive application processing times. Many of these programs boast some of the fastest processing in the CBI world, with some able to complete the process in just a few months.
• Another major attraction of the Caribbean CBI programs is their affordability. Compared to CBI programs in other parts of the world, the Caribbean offers some of the most accessible investment thresholds.
• Caribbean CBI programs offer extensive visa-free travel opportunities. Successful applicants can enjoy visa-free or visa-on-arrival access to a significant number of countries, including major business and travel destinations.

Caribbean region itself, with its beautiful landscapes, stable political environments, and welcoming cultures, adds to the allure of its CBI programs. Investors are not just buying a passport; they are gaining access to a lifestyle that is relaxed, secure, and connected to nature. The region’s growing economies also present potential business opportunities in sectors such as tourism, real estate, and financial services.

Exploring St. Kitts and Nevis Citizenship

St. Kitts and Nevis, a twin-island nation in the Caribbean, offers a diverse and appealing Citizenship by Investment (CBI) program with various investment options:

• Financial Contribution to the Sustainable Island State Contribution: This option allows investors to contribute to the nation’s sustainability initiatives, supporting economic and environmental projects.
• Investment in Real Estate: Investors can invest in the local property market, including luxury resorts and residential properties, providing a tangible asset and contributing to the development of St. Kitts and Nevis.
• Investment in Private Homes: This pathway is for those looking to own a personal residence in the islands, whether for vacation or as a second home, offering personal enjoyment and investment potential.
• Investment in Public Benefit Projects: These projects aim to enhance the infrastructure and public services of St. Kitts and Nevis, contributing to the islands’ overall development and well-being.

The St. Kitts and Nevis CBI program is known for its efficiency and robust due diligence process, ensuring its high international standing. With its range of investment options, the program caters to various investor preferences, making it a top choice for those seeking citizenship through investment in the Caribbean.

Dominica: Nature’s CBI Haven

Dominica’s Citizenship by Investment (CBI) program is particularly appealing for nature lovers and investors seeking a serene and natural environment. The program is characterized by its affordable investment options and efficient processing times, making it an attractive choice for those looking to acquire citizenship through investment.

• Affordable Investment Options: Dominica’s CBI program offers one of the most cost-effective routes to citizenship, with a minimum investment starting at $100,000. This makes it accessible to a wider range of investors compared to some other CBI programs.
• Contribution to the Economic Diversification Fund: Applicants can choose to make a financial contribution to Dominica’s Economic Diversification Fund. This fund is used to finance various national projects, including those aimed at enhancing the country’s infrastructure and boosting its economic development.
• Investment in Government-Approved Real Estate: Another pathway to citizenship in Dominica is through investment in government-approved real estate projects. These projects often include luxury resorts and residential developments, providing investors with valuable assets in a prime Caribbean location.
• Investment in Private Homes and Public Benefit Projects: The program also offers options to invest in private homes or participate in public benefit projects, contributing to the island’s development and community welfare.
• Quick Processing Time: The processing time for obtaining a passport through Dominica’s CBI program is approximately 6-9 months, which is relatively quick compared to other programs. This expedited process is a significant advantage for investors looking to quickly gain the benefits of citizenship.

Dominica’s CBI program not only provides financial and lifestyle benefits to investors but also contributes significantly to the nation’s economic growth. The influx of foreign investment through this program supports various sectors, including tourism, real estate, and infrastructure, playing a vital role in the island’s development. With its lush landscapes, commitment to environmental preservation, and welcoming community, Dominica offers a unique blend of natural beauty and investment opportunity, making it a top choice for those seeking citizenship by investment in the Caribbean.

Grenada’s Unique Offering

In the Caribbean’s Citizenship by Investment (CBI) landscape, Grenada presents a unique and compelling offering. The country’s CBI program stands out for its distinctive features, particularly its eligibility for the US E-2 visa, which is a significant draw for investors.

• US E-2 Visa Eligibility: One of the most notable aspects of Grenada’s CBI program is the opportunity it provides for eligible investors to apply for a US E-2 visa. This visa allows investors to enter and work inside the United States based on an investment they will be controlling, while their family can also live and study in the US. This is a unique benefit among Caribbean CBI programs and is particularly appealing for entrepreneurs and business owners looking to expand their operations or relocate to the USA.
• Investment Options: Grenada’s CBI program offers various investment routes, including a financial contribution to the country’s Economic Diversification Fund or investment in government-approved real estate projects. These options provide flexibility for investors to choose the path that best aligns with their financial goals and investment strategies.
• Competitive Investment Amounts: With a minimum investment starting at $150,000, Grenada’s program is competitively priced, making it accessible to a broad range of investors. This investment not only opens the door to Grenadian citizenship but also to the extensive benefits that come with it.
• Visa-Free Travel: Grenadian citizenship grants visa-free or visa-on-arrival access to 148 countries, including key business and travel destinations. This global mobility is a significant advantage for investors looking to travel for business, leisure, or personal reasons.
• Efficient Processing Time: The processing time for Grenada’s CBI program is approximately 6-9 months, which is relatively quick and efficient. This expedited process allows investors to gain the benefits of citizenship in a timely manner.

Grenada’s CBI program, with its unique offering of US E-2 visa eligibility, diverse investment options, competitive pricing, extensive visa-free travel, and efficient processing time, makes it a standout choice in the Caribbean CBI landscape. It offers a blend of investment opportunities, lifestyle benefits, and business expansion possibilities, making it an attractive option for investors seeking more than just a second passport.

European Gateways to Citizenship by Investment

Europe, with its rich history, diverse cultures, and strong economies, is another attractive region for CBI. European citizenship, in particular, comes with the benefit of free movement within the internal market of 27 member states of the European Union and visa-free access to over 180 countries worldwide.

The appeal of European CBI programs extends beyond the tangible benefits of mobility and global access. Investors are also drawn to the quality of life, political stability, and economic opportunities that Europe offers. The continent’s rich cultural heritage, advanced healthcare systems, and high standards of education are additional factors that make these programs highly sought after.

Malta: An EU Citizenship Pathway

Malta, an archipelago in the central Mediterranean, offers a distinctive pathway to European Union citizenship through its Citizenship by Investment (CBI) program. This program is particularly appealing for its comprehensive benefits and strategic location within the EU.

• Minimum Contribution for Citizenship: Malta’s CBI program requires a minimum contribution of €960,000. This investment includes a combination of a non-refundable donation to the national development fund and investments in real estate or government bonds. This amount is designed to support the economic development of Malta while providing a substantial return on investment for the applicants.
• Benefits of Maltese Citizenship: Successful applicants gain the right to live, work, and study not only in Malta but across all 27 member states of the European Union. This opens up a vast array of opportunities in terms of employment, education, and lifestyle choices within the EU.
• Visa-Free Travel: Maltese citizenship grants visa-free or visa-on-arrival access to over 189 countries worldwide, including major business and travel destinations. This level of global mobility is a significant advantage for investors, entrepreneurs, and their families.
• Time to Citizenship: The process to obtain Maltese citizenship typically takes between 15 to 18 months. This timeframe includes thorough due diligence checks to maintain the integrity and high standards of the program.
• Residency Requirement: Applicants are required to establish residency in Malta before obtaining citizenship. This residency period allows investors to familiarize themselves with Malta and integrate into the community, enriching their experience of Maltese culture and society.

Malta’s CBI program, as outlined by Imperial Citizenship, is not just a means to acquire a second passport but a gateway to a life in the European Union. It offers a blend of investment opportunities, lifestyle benefits, and business expansion possibilities, making it an attractive option for investors seeking more than just citizenship. The program’s focus on substantial economic contributions ensures that it benefits both the investors and the Maltese economy, making it a sustainable and mutually beneficial arrangement.

Austria: Investing in Mediterranean Luxury

Austria’s Citizenship by Investment (CBI) program is an epitome of luxury and exclusivity in the Mediterranean region. Targeted towards high-net-worth individuals with a penchant for the finer things in life, Austria’s CBI program stands out for its substantial investment requirement and the opulent lifestyle it offers.

• Substantial Investment Requirement: The program demands a significant investment of €4,000,000. This hefty investment is a testament to the program’s exclusivity, catering to a niche group of affluent investors who seek more than just citizenship – they seek a lifestyle that epitomizes luxury and prestige.
• Opulent Lifestyle in the Heart of Europe: Austria, known for its rich cultural heritage, stunning landscapes, and high quality of life, offers an unparalleled living experience. Investors in the Austrian CBI program can immerse themselves in a world of historical grandeur, modern amenities, and natural beauty.
• Benefits of Austrian Citizenship: Beyond the lifestyle, Austrian citizenship provides a range of benefits. This includes visa-free or visa-on-arrival access to numerous countries worldwide, allowing for global mobility and ease of international travel. Additionally, Austria’s strong economy and stable political environment make it an attractive destination for business and personal growth.
• Integration into European Culture: As a part of the European Union, Austrian citizenship also opens doors to the diverse cultural and economic landscape of Europe. Investors can enjoy the freedom to live, work, and travel across EU member states, experiencing the rich diversity and opportunities that Europe has to offer.

Austria’s CBI program, as outlined by Imperial Citizenship, is not just an investment in a passport; it’s an investment in a lifestyle. It’s suited for those who seek to blend the luxury of Mediterranean living with the benefits of European citizenship. The program’s focus on substantial economic contributions ensures that it benefits both the investors and the Austrian economy, making it a sustainable and mutually beneficial arrangement.

Pacific Islands and Their Investment Passports

For those exploring alternatives to the Caribbean or European Citizenship by Investment (CBI) programs, the Pacific Islands offer an enticing option. Vanuatu, a serene island nation in the South Pacific, is particularly noteworthy for its CBI program, renowned for being one of the fastest in the world.

Vanuatu: Citizenship by Investment Program

• Fastest CBI Program: Vanuatu’s CBI program is distinguished by its rapid processing time. With passports typically processed within 3-6 months, it stands as the quickest route to citizenship through investment globally. This expedited process is a significant advantage for investors seeking swift access to the benefits of a second passport.
• Minimum Investment Requirement: The program requires a minimum investment of $130,000, making it a relatively accessible option for many investors. This investment contributes to the nation’s economic development and offers a pathway to citizenship for the investor.
• Visa-Free Travel: Vanuatu’s citizenship grants access to visa-free or visa-on-arrival travel to 98 countries. This includes travel to several key destinations, enhancing global mobility for investors and their families.
• Benefits of Vanuatu Citizenship: Beyond the travel benefits, Vanuatu offers a peaceful and picturesque lifestyle in the heart of the Pacific. The country is known for its beautiful landscapes, rich cultural heritage, and a tranquil environment that is ideal for relaxation and rejuvenation.
• Economic Opportunities: While Vanuatu is known for its natural beauty and serene lifestyle, the country also presents various economic opportunities, particularly in sectors like tourism, agriculture, and offshore financial services.

The Economic Impact of Investment Citizenship

The Economic Impact of Investment Citizenship programs, commonly known as Citizenship by Investment (CBI), extends far beyond the individual benefits accrued by investors. These programs play a significant role in stimulating economic growth and creating employment opportunities in host countries, making them a vital component of national economic strategies.

• Stimulating Economic Growth: CBI programs introduce substantial financial inflows into host countries. These inflows come in the form of direct investments in real estate, business ventures, or contributions to government funds.

• Creating Employment Opportunities: The investments made through CBI programs often lead to the creation of new businesses or the expansion of existing ones. This, in turn, creates numerous employment opportunities for local residents.
• Supporting Local Businesses: The capital brought in by foreign investors can be a lifeline for local businesses. This investment can take many forms, from starting new business ventures to investing in existing local companies.
• Funding Sustainable Development Projects: Many CBI programs include options to contribute to government funds dedicated to sustainable development. These contributions are then used to finance projects in areas such as infrastructure development, environmental conservation, education, and healthcare.

Assessing Your Best Option for Citizenship by Investment

Assessing the best option for Citizenship by Investment (CBI) is a decision that requires thorough consideration and strategic planning. It’s not just about acquiring a second passport; it’s about aligning your investment with your personal, financial, and business objectives. To make an informed choice, several key factors need to be evaluated:

• Affordability: The cost of the CBI program is a primary consideration. Different programs have varying investment thresholds, and it’s crucial to choose one that aligns with your financial capabilities. This includes not only the initial investment amount but also any additional fees, such as due diligence, processing, and legal fees.
• Visa-Free Travel: One of the major attractions of CBI programs is the enhanced global mobility they offer. Assess the extent of visa-free travel provided by the passport of each program. Consider whether the countries you can access visa-free align with your travel needs, whether for business, leisure, or family reasons.
• Taxation: Understand the tax implications of acquiring citizenship in a new country. Some CBI programs offer significant tax advantages, such as no taxation on worldwide income, inheritance, or wealth. Consider how these factors align with your financial planning and wealth management strategies.
• Reputation: The reputation of the CBI program is crucial. Opt for a program that is well-regarded and has a strong track record. This not only ensures the legitimacy of your new citizenship but also impacts how your second passport is perceived globally.
• Processing Speed: Consider the time frame for processing the citizenship application. If you require citizenship quickly, for example, for immediate travel or business needs, a program with a faster processing time would be more suitable.
• Investment Options: Different programs offer different investment routes, such as real estate, government bonds, national development funds, or business investments. Evaluate which investment option best aligns with your investment philosophy and goals.

Taking these factors into account will help you make a decision that not only meets your immediate needs for citizenship but also aligns with your long-term personal and financial goals. It’s advisable to conduct thorough research or consult with experts in the field to ensure that your decision is well-informed and beneficial in the long run.

Investment Vehicles for Citizenship Acquisition

Citizenship by Investment (CBI) programs offer a variety of investment vehicles, each tailored to meet the diverse needs and preferences of potential investors. These options typically include real estate investments, purchasing government bonds, and making contributions to national transformation funds. Each of these investment routes within the CBI program comes with its unique set of advantages and considerations, catering to different investment strategies and objectives.

Real Estate: A Tangible Asset Approach

This is one of the most popular routes in CBI programs. Investing in real estate often involves purchasing property in the host country, which can range from luxury residential units to commercial properties or hotel projects. The advantage of this route is the tangible asset that the investor acquires, which can potentially appreciate in value over time. Additionally, it often contributes to the development of the host country’s property market and tourism sector.

Government Bonds: Secure Investment for Future Generations

Purchasing government bonds is another investment option offered by some CBI programs. This route involves investing a specified amount in government-issued bonds, which is usually held for a fixed period. This option is often considered lower risk and appeals to investors looking for a more secure and stable investment. It also directly supports the economic initiatives of the host country.

National Transformation Fund Contributions

Many CBI programs include the option to contribute to a national fund dedicated to the country’s development and transformation. These funds are typically used to finance various national projects, such as infrastructure development, healthcare, education, and environmental conservation. This route is attractive to investors who wish to contribute to the social and economic development of the host country.

Dual Citizenship Considerations

Dual citizenship, the condition of simultaneously holding citizenship in more than one country, presents a range of significant advantages but also entails various obligations and complexities that require careful consideration. The implications of dual citizenship can vary widely, largely dependent on the specific laws and regulations of the countries involved.

One of the primary advantages of dual citizenship is increased global mobility. Another is access to social services and benefits in both countries. This might include healthcare, education, voting rights, and other social welfare benefits, providing a safety net and enhancing the quality of life in multiple locations.

However, dual citizenship also comes with its complexities. One of the primary considerations is the legal obligations in both countries. This can include tax responsibilities, as some countries tax their citizens on worldwide income regardless of where they live. It’s crucial for dual citizens to understand their tax obligations in both countries to avoid legal complications or double taxation. Additionally, dual citizens must navigate the legal and bureaucratic systems of two countries, which can sometimes be conflicting. This includes understanding and complying with the laws and regulations of both countries, which can be a complex and time-consuming process.

Inclusion of Family Members in Citizenship Programs

Citizenship by Investment (CBI) programs, also known as citizenship program options, are designed not only to benefit the individual investor but also to extend these advantages to their family members. This inclusive approach ensures that the benefits of acquiring a new citizenship, such as increased global mobility, access to education and healthcare, and improved quality of life, are available to the entire family.

The inclusion of family members in CBI applications is a significant aspect of these programs. Typically, these programs allow the primary applicant to include their spouse, dependent children, and sometimes even other family members like dependent parents or siblings in their application. This means that with a single investment, an investor can secure a better future not just for themselves but for their loved ones as well.

Including family members in the application can have several advantages:

1. Enhanced Family Security: By extending citizenship to the entire family, CBI programs offer a sense of security and stability, especially in times of political or economic uncertainty in the home country.
2. Educational Opportunities: Access to high-quality education is a major draw for many investors. With dual citizenship, children can study in reputable institutions in the host country or other countries where the new citizenship provides access.
3. Healthcare Benefits: Many countries offering CBI programs have advanced healthcare systems. Dual citizenship can provide access to these healthcare services, ensuring better medical care for the family.
4. Ease of Travel: Visa-free travel is a significant benefit of CBI programs. Families can travel together more easily, whether for vacations, education, or business purposes.
5. Long-term Planning: Including family members in CBI programs is also a part of long-term familial and financial planning. It can be a pathway to securing a legacy for future generations, offering them a range of opportunities and a choice of where to live, work, and study.

Ensuring Compliance: Legal and Due Diligence Aspects

Due diligence plays a pivotal role in the CBI application process. It involves comprehensive background checks to ensure that applicants are not involved in illegal activities and that the source of their investment funds is legitimate.

The due diligence process is designed to scrutinize the applicant’s background thoroughly. This includes checks for any involvement in illegal activities such as money laundering, financial fraud, or other criminal offenses. Another key aspect of due diligence is verifying the legitimacy of the investment funds. This involves tracing the source of the funds to confirm that they have been obtained through legal means. This step is essential to prevent the infusion of illicit funds into the host country’s economy.

Legal compliance is another cornerstone of the CBI process. Applicants must adhere to all legal requirements of the host country’s CBI program. This includes understanding and following the laws related to citizenship, investment, taxation, and residency.

Golden Visa Alternatives to Citizenship

While CBI programs offer immediate citizenship, Golden Visa program offers a different path. These programs provide residency through investment, without the immediate conferral of citizenship. This can be an attractive option for those who wish to maintain their current citizenship while gaining the benefits of residency in another country.

Golden Visa programs typically involve making an investment in the host country, such as purchasing real estate, investing in government bonds, or contributing to a national development fund. In return, the investor and often their immediate family members are granted residency rights. These rights can include the ability to live, work, and study in the host country, access to healthcare and education systems, and sometimes the freedom to travel within a region, such as the Schengen Area in Europe.

One of the key attractions of Golden Visa programs is the flexibility they offer. Investors can maintain their current citizenship and lifestyle while having a second base in another country. This can be particularly advantageous for business purposes, as it allows for easier access to new markets and international networks. It also provides a safety net, offering an alternative place of residence that can be used for vacations, retirement, or as a plan B in times of political or economic instability in the home country.

The Financial Implications of Citizenship by Investment

Despite the substantial financial commitment required by CBI programs, they can also yield a return on investment. From potential profits from real estate appreciation to tax benefits, the financial implications of CBI can be significant.

One of the key potential returns is through real estate appreciation. Many CBI programs involve investing in real estate, which can appreciate in value over time.The real estate purchased as part of a CBI program can be rented out or sold after a certain period, potentially at a higher value, providing a tangible return on investment.

Another significant financial implication of CBI programs is the tax benefits they can offer. Depending on the country, these might include no taxation on worldwide income, inheritance, or wealth. For high-net-worth individuals, these tax advantages can lead to substantial savings and are often a key factor in the decision to pursue CBI.

Securing Your Legacy: Citizenship for Future Generations

CBI presents more than just an individual investment opportunity. It’s a chance to secure a legacy for future generations. From access to world-class education to quality healthcare, the benefits of CBI can have a lasting impact on the lives of an investor’s descendants.

One of the most significant benefits for future generations is access to world-class education. Citizenship in a country with a high-quality education system can open doors to prestigious schools and universities, providing children and grandchildren with enhanced educational opportunities. Additionally, CBI can provide access to quality healthcare systems, ensuring that future generations have access to excellent medical care. This is particularly valuable in countries where healthcare is a significant concern.

Moreover, the security and stability that come with citizenship in a stable country can provide peace of mind and a safe environment for an investor’s descendants. This includes the political stability, economic opportunities, and quality of life that the host country offers.

The Role of Expert Advisors in Citizenship by Investment – Imperial Citizenship

The complex landscape of CBI programs can be daunting to navigate alone. This is the point where expert advisors become essential. These professionals can offer invaluable guidance and support throughout the application process, helping to ensure a smooth and successful outcome. Expert advisors possess a deep understanding of various CBI programs, their specific requirements, and the nuances of the application process. They offer personalized advice, tailoring their services to match the individual needs and goals of each investor. This includes helping to choose the most suitable program based on factors like investment preferences, lifestyle aspirations, and financial goals.

The role of these advisors is crucial in streamlining the application process. They assist in preparing and organizing the necessary documentation, ensuring accuracy and compliance with the program’s requirements. Additionally, they guide clients through the due diligence process, a critical step in ensuring the legitimacy and success of the application.

Moreover, expert advisors act as a bridge between the investor and the relevant authorities, facilitating communication and handling any complexities that may arise during the application process. Their involvement significantly reduces the risk of delays or issues, making the process more efficient.

Summary

The world of citizenship by investment is a complex landscape of opportunities and challenges. Whether it’s the sun-soaked beaches of the Caribbean, the historical richness of Europe, or the natural beauty of the Pacific, there’s a CBI program to suit every investor’s dreams.

Frequently Asked Questions

Which country is easiest to get citizenship by investment?

St. Kitts and Nevis is considered one of the easiest countries to obtain citizenship through investment.

Which country has cheapest citizenship by investment?

The cheapest citizenship by investment can be found in countries like Antigua & Barbuda, Dominica, St. Lucia in the Caribbean, as well as Turkey in Europe. These countries offer the most affordable citizenship options.

What is the best citizenship by investment in 2024?

The best citizenship by investment in 2024 is the St Kitts and Nevis Citizenship by Investment Programme, known for its trustworthiness and longevity, with single applicants being able to make minimum contribution of us$250,000 to the sustainable island state contribution (sisc) option.

What is citizenship by investment?

Citizenship by investment allows foreign nationals to acquire citizenship of a country by making a significant financial contribution or investment in that country. This can be a way for individuals to obtain citizenship in a new country based on their investment.