'Economic citizenship programs' or 'citizenship by investment' allows affluent people from developing countries to acquire passports that facilitate international travel and which eventually helps increase the capital inflows for countries that allow such citizenship. As per the new list of the cities to acquire passport via economic citizenship released by a global funding company International Monetary Fund, the cheapest option is Dominica. Insidermonkey experts made a list of 7 countries where you can buy citizenship.
A new global industry has been booming in recent years, as countries offer people the chance to acquire citizenship or residency. Economic programmers are allowing foreigners to legitimately purchase citizenship or a residency permit – in return for a substantial investment. The International Monetary Fund has highlighted the rapid growth of this trend, suggesting that in the current geopolitical climate people are looking for “political and economic safe havens”. There are also estate and tax planning considerations. You can also read our article on easiest countries to gain citizenship in EU.
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