Opinion

Top15 Secure Countries That Give Citizenship by Buying Real Estate

Top15 Secure Countries That Give Citizenship by Buying Real Estate

Facilitated international mobility and increased acceptance of dual citizenship have paved the way for individuals in contemporary times. Unforeseen crises, such as the 2008 financial downturn and the recent global pandemic, underscore the importance of safeguarding against future uncertainties. Investors, in particular, comprehend this imperative quite well. Opting for real estate investment in countries known for providing citizenship has emerged as a viable alternative, especially for affluent individuals capable of participating in diverse citizenship programs. Notably, approximately 90% of the world’s millionaires owe their wealth to real estate investments.

Double Gains:
Investing not only presents a lucrative financial prospect but also carries various advantages linked to acquiring citizenship in another country. These opportunities may arise through either a direct citizenship-by-investment avenue, which demands relatively less time, or a residency program that eventually culminates in citizenship after a few years. The terms and conditions of investment programs vary among countries. Many nations recognize the potential for attracting foreign direct investment through such schemes and thus offer various citizenship or residency options. The Caribbean Islands, in particular, have gained popularity in this regard.

Global Real Estate Market: An Overview
Real estate investment, traditionally perceived as a relatively low-risk venture, has gained increased significance amid rising inflation and the availability of a global array of opportunities. The appeal of real estate investment extends beyond national borders, becoming even more enticing when coupled with the prospect of obtaining citizenship. This not only provides a hedge against the time value of money but also significantly broadens overall possibilities through the added benefits of an additional passport or citizenship. Research indicates that approximately 25% to 30% of global properties are acquired by real estate investors.

As of 2022, the global real estate market had a size of $3,704.02 billion. With a projected compound annual growth rate (CAGR) of 5.32% between 2023 and 2032, it is expected to reach $6,219.88 billion by 2032, according to Precedence Research. The Asia-Pacific region contributed 40% of the revenue in 2022. Leading public real estate companies globally include American Tower Corporation (NYSE: AMT), Prologis, Inc. (NYSE: PLD), and Equinix, Inc. (NASDAQ: EQIX).

American Tower Corporation (NYSE: AMT), a Fortune 500, S&P 500, and Forbes Global 2000 company, operates as a real estate investment trust, providing essential infrastructure for modern digital communications. Prologis, Inc. (NYSE: PLD) stands out as one of the world’s largest industrial real estate companies, well-positioned for growth, particularly due to heightened demand for logistics. Notably, Prologis, Inc. (NYSE: PLD) is leveraging advancements in AI to transition from mass retailers to personalized services.

Equinix, Inc. (NASDAQ: EQIX) holds a prominent position as one of the world’s largest global data center Real Estate Investment Trusts (REIT). Operating in 32 countries and 72 markets with 248 data centers, EQIX facilitates the interconnection of infrastructure essential for thriving in the digital economy. RiverPark Advisors, in its Q3 2023 investor letter, expressed confidence in Equinix, Inc. (NASDAQ: EQIX), foreseeing revenue growth exceeding 10% annually over the next five years and a substantial increase in Funds From Operations (FFO).

Methodology Overview:

In compiling our list of the 15 Safest Countries Granting Citizenship through Real Estate Investment, a meticulous examination was conducted, drawing insights from various sources. The focus was on identifying nations offering direct citizenship programs through real estate investments, particularly those falling within the safe country category as defined by the Travel Safe-Abroad Safety Index. This comprehensive process resulted in the selection of eight countries meeting the specified criteria.

Furthermore, an exploration of residency through real estate programs that eventually lead to citizenship was undertaken. The remaining seven countries were chosen based on their rankings in the Travel Safe-Abroad Safety Index, ensuring alignment with the safety parameters established.

It’s important to note that Antigua and Barbados, while not listed on the Travel Safe-Abroad Safety Index, were included in our list after verification from various reliable sources confirming their status as safe countries.

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15. Uruguay

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Uruguay offers a permanent residency program for real estate investors seeking citizenship in one of the world’s safest countries. For a detailed overview of the safest countries in 2024, refer to our list of the 30 Safest Countries. The program requires a minimal physical presence of only 60 days per year, and while the application approval process takes approximately 12–18 months, permanent residency is granted upon approval. The investment threshold stands at $525,000.

14. Mauritius

Cultural & Urban Activities in Mauritius
Mauritius provides a unique path to citizenship through real estate investment, offering an indirect route via its Permanent Residency Program. Investors can secure immediate permanent residency by investing $375,000 in a designated real estate project. Citizenship can be attained with a continuous residence of seven years (or five for Commonwealth citizens). An accelerated option involves a higher investment of $500,000, leading to citizenship in two years, though with more stringent physical residence requirements. Eligible real estate investment categories encompass integrated resort schemes, real estate schemes, property development schemes, smart city schemes, investment hotel schemes, and ground plus two apartment schemes. While dual citizenship is acknowledged, proficiency in English, French, or a local language is required.

13. Curacao

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Curacao offers a real estate investment program for those seeking residency and potential citizenship in this safe country. Investors can opt for three residency permit options: a minimum investment of $280,000 for a renewable three-year permit, $425,000 for a five-year permit, or an $850,000 investment for an indefinite residency permit without renewal requirements. After five years of residency, individuals become eligible for citizenship.

12. South Korea

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South Korea’s Immigrant Investor Scheme for Real Estate (IISRE) is an initiative aiming to attract foreign investors and encourage them to pursue citizenship. While considered a higher-cost option, the scheme provides permanent residency within five years, making applicants eligible for citizenship applications. The entire citizenship process spans 5–6 years, requiring proficiency in the Korean language. The program involves investing in hospitality real estate, such as condominiums, hotels, golf resorts, and villas, in selected investment areas. The minimum qualifying real estate purchase is KRW 1 billion (approximately $750,000), allowing investors of any age to acquire this real estate and obtain temporary residency (F-2).

11. Spain

Spain 2024 | Ultimate Guide To Where To Go, Eat & Sleep in Spain | Time Out
Spain, recognized as one of the safest countries globally, offers a Golden Visa Plan for permanent residency through real estate investment. This option entails a €500,000 investment in real estate on the open market. Permanent residency is attainable within five years, with citizenship eligibility after 10 years. However, certain nationalities and ethnic groups may see the 10-year requirement reduced to just two years.

10. Monaco

Monaco travel - Lonely Planet | Europe
Monaco presents an investment opportunity in real estate for individuals aspiring to secure residency or citizenship, albeit through a non-direct route. This option involves a substantial investment, with a property purchase of €500,000 and an additional €500,000 bank deposit to establish financial independence. This secures a permanent residency card (Carte de Sejour). To qualify for citizenship, continuous residence in Monaco for 10 years and a clean criminal record are prerequisites, with no provision for dual citizenship.

9. Bermuda

Your Trip to Bermuda: The Complete Guide
Bermuda, a safe country, offers a residency program leading to citizenship through its Economic Investment Certificate Program. Investors need to make a significant investment of $2.5 million in various forms, including residential or commercial real estate. Permanent residency is attainable in five years, with eligibility for British Overseas Territories citizenship for those meeting specific presence criteria. Automatic inclusion extends to the investor’s spouse and children under 18, and those aged 18-25 may be included if studying in a higher education institution.

8. Turkey

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Turkey’s citizenship by investment program stands out as a popular global route, with over 13,000 applicants and their families seizing this opportunity. The real estate option requires a minimum purchase of $400,000, with no specification regarding property type. The process involves a residence permit application, paperwork completion, and a review, typically taking 3-4 months for citizenship to be granted. Inclusion of a spouse and children under 18 is automatic, and the property must be held for at least three years post-citizenship acquisition.

7. Jordan

The Most Beautiful Places In Jordan - Jordan Road
In a bid to boost foreign investment, Jordan offers a direct citizenship-by-investment route, including real estate as an option. Initiated in 2018, the program requires a minimum investment of $750,000, with additional requirements such as passing a background check and providing financial proof. Upon qualification, applicants and their families (spouse and children) can apply for citizenship, typically granted within six months.

6. Saint Lucia

10 Amazing Experiences To Have In Saint Lucia (Besides Getting Married)
Saint Lucia, the youngest among the Caribbean Islands’ citizenship-by-investment programs, allows investors to secure citizenship in approximately 3-6 months by investing about $200,000 in a government-approved real estate project. Additional non-refundable applicant fees apply. Also see: Top 5 Secure Countries That Give Citizenship by Buying Real Estate

 

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