Tuesday, December 5, 2023

European countries where you can buy citizenship: how much does it cost

It is true that many countries have very strict rules regarding the naturalization of foreign citizens, so it can be a difficult and lengthy process to achieve.

However, there are a group of countries that have the option to purchase nationality available, which provides the same benefits as a naturalized citizen. Among these, there are countries that have been awarded for their high level of quality of life.

(What type of visa is required to work temporarily in the US).

This process is known as the ‘golden passport’ and is simpler and faster to implement, because there are not many requirements and it is completely legal. The only requirement is to have the money from the chosen country, so there is no need to live in its territory or have any family ties.

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These are the European countries that currently sell citizens:

1. Malta: it is necessary to live there for one year and make an investment of at least 750,000 euros to the national development fund. If it takes 36 months or more, the investment must be 600,000 euros.

(What happens if I fail to stay in the US with a tourist visa).

2. Turkey: The transcontinental country allows people to get citizenship by making a minimum investment of $400,000 by buying real estate. However, there are also several options where the payment of $500,000 must be made. Unlike Malta, there is no residency requirement.

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3. Austria: According to the legislation of this country, citizenship can be granted to people who have investments that contribute significantly to the development of the country. It must have a minimum investment of $800,000, however, the Government is in charge of conducting the selection process.

Nation World News Desk
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