Astons Research: Where to Obtain Residency or Citizenship to Travel the World in 2020

Passport cover

Investment migration expert Astons conducted research to reveal the countries with the most ‘powerful’ passports and residence permits that enable free travel across the world. 

 

Among the Citizenship by Investment programmes for affluent individuals, the programmes of Malta, Cyprus, Bulgaria and the Caribbean states lead the game. A passport of Malta can be obtained in 14 months at the investment of £1 million onwards, and it allows you to cross borders of 182 countries without a visa. The citizenship of Cyprus, processed within just 6 months, will unlock visa-free entry to 173 countries, whereas a passport of Bulgaria will let you travel to 169 countries. 

 

The Caribbean states have also gained their due recognition. Most often, foreign investors apply for a passport of St Kitts and Nevis. This citizenship enables visa-free entry to 156 countries, it can be obtained in 53 days (on average) at the investment of £114,000 to the country’s economy. 

 

“There are many reasons why people strive to obtain citizenship by investment. One of the most obvious reasons is free travel around the world,” comments Arthur Sarkisian, Managing Director at Astons. “In the past few months, we’ve seen a growing interest of foreign investors towards immigration programmes. In these pandemic times, a second passport provides a unique opportunity to work around the existing limitations”.

 

The Astons research revealed that many investors opt for the EU immigration programmes that offer residency in return for investment. By obtaining residency in one of the EU member states, e.g. in Portugal, Spain, Greece or Monaco, applicants get a right to move freely across the Schengen zone.  


 

Country

Immigration Programme

Type: Residency, EU Citizenship, Other Citizenship

Processing time

Minimum investment (£)

Countries available without a visa 

Malta

Citizenship by Investment

EU Citizenship

14 months

£1,036,835 

184

Cyprus

Citizenship by Investment

EU Citizenship

6 months

£1,938,431 

174

Bulgaria

Citizenship by Investment

EU Citizenship

2 years

£461,617 

171

St Kitts and Nevis

Citizenship by Investment

Caribbean Citizenship

45-60 days

£114,227

156

Antigua and Barbuda

Citizenship by Investment

Caribbean Citizenship

3-6 months

£76,152 

151

St Lucia

Citizenship by Investment

Caribbean Citizenship

3-4 months

£76,152 

146

Grenada

Citizenship by Investment

Caribbean Citizenship

3-4 months

£114,227

143

Dominica

Citizenship by Investment

Caribbean Citizenship

2-3 months

£76,152 

140

Vanuatu

Citizenship by Investment

Oceania / South Pacific Citizenship

1 month

£98,997

130

Montenegro 

Citizenship by Investment

Other Citizenship

3 months

£315,558 

124

Turkey

Citizenship by Investment

Other Citizenship

2 months

£190,379 

111

Greece

Residency by Investment

EU Residency

2 months

£225,399

26

Portugal

Residency by Investment

EU Residency

3 months

£252,447 

26

Malta

Residency by Investment

EU Residency

4 months

£297,526

26

Spain

Residency by Investment

EU Residency

2 months

£450,798

26

Monaco

Residency by Investment

EU Residency

2-6 months

£901,596

26

Jersey

Residency by Investment

EU Residency

2 months

£1,125,000

4

Ireland

Residency by Investment

EU Residency

2 months

£450,798

1

 

Astons is a leading global immigration advisory firm with offices in London, Beijing, Moscow, Dubai and Limassol (Republic of Cyprus) and offers residency & citizenship investment solutions worldwide including the UK, Turkey, Vanuatu, the EU and the Caribbean

 

For further information or to discuss your personal circumstances in a private consultation, please contact Astons at info@astons.com or call +44 207 292 2977.