This is one way countries are seeking investment but keeping the bar unattainable for most people. According to CNN Money:
“The programs are luring growing numbers of nationals from the Middle East, China and Russia. And demand is expected to increase as political instability drives rich individuals to seek economic and geographic safety.
“Wealthy people are looking for safe places to relocate in case of crisis,” said Armand Arton, chief executive of Arton Capital, a company that advises on investor citizenship programs.”
Dominica is looking like a pretty good deal right now. How much would you be willing to pay for a given citizenship?
Cash for passports: How much it costs to buy a visa (CNN Money)
Hi, Is it really can happen? i don’t really think that we can take immediate citizenship that easily by paying such an $100K. What will be the process and how can get it if you can explain?
It varies by country but it is an option. First step is to start saving… a lot.
I knew Hungary had such an option and if someone wanted the citizenship, then they would have to buy a certain amount of state’s bonds. From what I’ve heard the sum was much smaller than what you quoted…
But, for the sums listed here… one could travel the World for years!
Yes, you either need a lot of money or desire to be in one place for those prices.