Obtaining a European citizenship has been the goal for many immigrants and worldwide investors looking for a second nationality. There are a handful of countries in Europe and worldwide that can grant individuals their citizenship, however, the application process set by the citizenship law of these countries can be very tiresome, lengthy, and often requires people to learn the...

The article will highlight the most prominent countries in the world that provide people with full citizenship without ever residing there:

In the picture: (L-R) Allen Chastanet, Prime Minister of St. Lucia; Veronica Cotdemiey, CEO of Citizenship Invest; Malek El Sayed, Ambassador of Large

ACCORDING to Citizenship Invest, market leader specialized in the fastest citizenship programs to legally obtain a second passport, high net worth expats living in the Kingdom of Saudi Arabia contributed a 42 percent increase in overall demand for a second nationality and passport in 2017.

More people than ever are seeking second passports, but growing insecurity is rapidly closing doors.  The prospect of hassle-free travel and the opportunity to pay less tax have long encouraged the world’s wealthy to acquire new passports. Some long-term US expats are even choosing to give up American citizenship to avoid double taxation.

A few countries in the world grant individuals full citizenship without the trouble of moving there and all other difficulties associated with it. Under such programs, these countries simply require a financial contribution or real estate investment in exchange of providing individuals and stakeholders a second citizenship in a period of two to six months.

Many people dream of owning a second passport that lets them travel anywhere in the world without a visa. But obtaining a new citizenship can be a long and tedious process.

The vast majority of people believe that the process of obtaining a second citizenship or another nationality is long and tedious. Most look to countries such as the US, Canada, Australia and the UK, along with other European countries, only to be faced with their stringent requirements.

The law in many African countries allows its citizens the possibility of having dual nationality, therefore these families can hold a second citizenship lawfully while still keep their own. The Kenyan Government for instance, has no restriction towards its citizens holding a second passport.

How exactly a high net worth individual can protect his wealth through a second citizenship? Some of the most popular ‘fast track citizenship programs’ are from some of the Caribbean which are considered tax havens, with no wealth, gift, foreign income or inheritance tax