If you’re considering citizenship by investment, one of the first questions you’ll have is, how much does it cost to apply for citizenship? The price of obtaining a second passport through investment varies significantly depending on the country and program you choose.
From government application fees to additional costs for document translations and legal assistance, it’s essential to understand the full scope of citizenship application costs before starting the process. In this article, we break down the fees involved and help you navigate the financial aspects of gaining citizenship through investment programs. Read on to learn more about the costs, requirements, and potential benefits of citizenship by investment.
What are the Costs Involved in Citizenship by Investment Programs?
The total cost of applying for citizenship by investment programs depends on various factors, including the type of investment, government fees, and application-related expenses. Key costs include:
1. Application Fees
Each citizenship by investment program charges a citizenship application fee or application filing fee /form fee. These fees cover the cost of processing the application and are non-refundable.
2. Government Fees
In addition to application filing fees, applicants must pay government application fees, which contribute to administrative expenses. Government fees can vary significantly, often ranging from a few hundred to several thousand dollars.
3. Due Diligence Fees
Due diligence fees cover the cost of background checks conducted by government agencies to verify an applicant’s eligibility. This fee ensures the integrity of the program.
4. Investment Requirement
Applicants must make a qualifying investment, such as real estate purchases, contributions to a national development fund, or investments in government bonds. These investments often form the largest portion of the overall cost.
5. Additional Costs
Other expenses include:
- Biometric Services Fee: Covers the cost of fingerprinting and other biometric data collection where applicable
- Translation Fees: Necessary for documents in a foreign language.
- Legal Fees: Applicants must hire a local agent who will serve as professional advisors to assist with application preparation services and file submission to the relevant authority.
- Miscellaneous Fees: Include bank statements, wire transfer fees,, and business checks for certain transactions.
The different types of citizenship
What Is the Average Cost of CBI Programs?
The average cost of Citizenship by Investment (CBI) programs ranges from $100,000 to $2,500,000, depending on the country and investment type. The Caribbean offers lower entry points (around $200,000), while European programs, like those in Malta or Portugal, typically require higher investments.
The Cost of Top Citizenship by Investment Programs
Citizenship by investment programs offers a world of opportunities for those seeking greater mobility, financial benefits, and dual citizenship. From the Caribbean to Europe, these programs provide unique advantages tailored to diverse preferences. Below, we explore five standout options, detailing their cost, requirements, and the benefits they bring to prospective citizens.
St. Kitts and Nevis
St. Kitts and Nevis, the pioneer of citizenship by investment programs, remains a top choice for its streamlined process and benefits. Applicants can gain citizenship through a donation or real estate investment, enjoying visa-free travel to over 150 countries. With a relatively fast processing time, it’s an attractive option for global citizens.
- Investment Requirement: Starts at $250,000 for a single applicant through the Sustainable Island State Contribution Fund.
- Due Diligence Fees: Governments or authorized agencies charge due diligence fees to perform rigorous background checks on applicants, ensuring they meet the program’s eligibility criteria and pose no legal, financial, or security risks. These fees cost $10,000 for the main applicant.
- Processing Time: Typically 3–6 months and sometimes longer. The expedited option is no longer available.
Learn more about St Kitts and Nevis citizenship
Malta
Malta’s program stands out for its prestige and access to the European Union. Although it requires a significant investment, it offers unparalleled opportunities, including free movement within the EU and Schengen Zone. With its stringent vetting and comprehensive application process, Malta ensures exclusivity and high standards for its citizenship by investment program.
- Investment Requirement: Requires a minimum contribution of €600,000 to €750,000, plus a property purchase or rental.
- Additional Costs: Translation fees, legal advice, and document preparation services can add to the overall cost.
- Processing Time: Usually takes around 12–16 months.
Learn more about Malta citizenship
Antigua and Barbuda
Antigua and Barbuda citizenship by investment program offers affordability and flexibility, catering to individuals and families alike. With low investment thresholds and various options, it provides access to visa-free travel and other benefits. The program’s efficiency and reasonable government fees make it a popular choice for global investors.
- Investment Requirement: Starts at $230,000 for a donation to the National Development Fund.
- Application Fees: A government fee of $20,000 applies for a family of four.
Learn more about Antigua and Barbuda citizenship
Grenada
Grenada’s citizenship by investment program provides a distinctive advantage with its visa-free access to China and eligibility for the U.S. E-2 visa. Known for its straightforward process and competitive investment requirements, Grenada is an excellent option for individuals seeking both global mobility and unique diplomatic benefits.
- Investment Requirement: Starts at $235,,000 for a donation or $350,000 for a real estate investment.
- Government and Application Filing Fee: When opting for a real estate investment, the government fee is $50,000.
- Processing Time: Approximately 3–4 months and often longer.
Learn more about Grenada citizenship
St. Lucia
St. Lucia offers one of the most transparent and cost-effective citizenship by investment programs. With a range of investment options and straightforward requirements, it appeals to individuals and families. St. Lucia’s commitment to efficiency and affordability makes it a standout choice for those seeking a second passport.
- Investment Requirement: Starts at $240,000 for a single applicant or family of 4
- Processing Fees: Includes a $2,000 application fee and $1,000 for each dependent.
- Due Diligent Fees: Start at $8,000 with an extra $5,000 per dependent.
Learn more about St. Lucia citizenship
Is it Worth Hiring a Citizenship Lawyer?
Absolutely, hiring a citizenship lawyer is an investment that can save you time, money, and unnecessary stress. Citizenship applications, particularly for complex programs like citizenship by investment, involve detailed forms, strict deadlines, and ever-changing legal requirements. A single error or oversight can lead to costly delays or even rejection.
At JH Marlin, our experienced lawyers specialize in ensuring every aspect of your application is accurate, complete, and aligned with the latest legal standards. We guide you through the process step-by-step, handle complex paperwork, and address requests for additional evidence with confidence and expertise.
Beyond just paperwork, we act as your advocates, offering personalized advice and solutions tailored to your unique circumstances. This professional support minimizes risks and maximizes your chances of success. With our team handling the complexities, you gain peace of mind, knowing your application is in expert hands.
Benefits of Hiring a Citizenship Lawyer
- Expert Filing Tips: Lawyers ensure your entire application is accurate, complete, and compliant with current guidelines, reducing risks of delays or rejection.
- Cost Management Insight: They help you navigate the citizenship application cost, highlighting potential savings and avoiding unnecessary fees.
- Government Service Navigation: Professionals simplify interactions with government services, ensuring the smooth processing of your application.
- Dual Citizenship Guidance: Receive advice tailored to managing dual citizenships, including understanding legal and potentially tax implications.
- Comprehensive Application Support: From document preparation to submission, lawyers oversee your entire application, ensuring a stress-free experience.
How to apply for citizenship by investment
Acquire a Second Citizenship with JH Marlin
At JH Marlin, we deliver expert legal services designed to meet your specific citizenship needs. Whether navigating the intricacies of a citizenship by investment application or exploring dual citizenship options, our experienced team provides personalized guidance every step of the way.
We focus on simplifying the process, offering tailored solutions, and ensuring every detail of your application is meticulously handled. With our comprehensive support and deep understanding of legal requirements, you can trust us to make your journey to citizenship smooth, efficient, and stress-free!