Video Briefing

Nomad Capitalist: Five Ways to Get Second Citizenship in 2021: the Ultimate Guide

Jul 16, 2021Video Briefing16:27Watch on YouTube

In recent years the demand for a second passport has surged, and there are several distinct pathways to obtain one. Below is a concise overview of the five most common routes, along with practical considerations such as eligibility, costs, and typical processing times.


1. Citizenship by Descent (Ancestry)

  • Eligibility – You must prove an unbroken line of citizenship from a parent, grandparent, great‑grandparent, or further back. If an ancestor naturalized elsewhere and lost the original nationality, the chain may be broken.
  • Typical Countries – Canada, Mexico, Honduras, and many European states allow citizenship to be passed down if the ancestor was a citizen at the time of birth.
  • Documentation – Birth, marriage, and death certificates, plus any historical records from national archives, are usually required. Legal assistance may be needed to retrieve older documents.
  • Processing Time – Can range from a few months to several years, especially for programs that have slowed due to COVID‑19 (e.g., Ireland).
  • Cost – Primarily legal and administrative fees; the citizenship itself is often free.

2. Citizenship Through Marriage or Children

  • Spousal Routes – Many countries grant a residence permit to foreign spouses, which can later lead to citizenship. France, for example, allows registration and a pathway to naturalization for spouses of French citizens.
  • Considerations – The value of the partner’s passport matters; marrying a citizen of a country with limited travel freedom (e.g., China) may not provide the desired benefits.
  • Birth‑Tourism – Some nations confer citizenship automatically to children born on their soil (e.g., Mexico, Panama, Brazil). Parents can sometimes leverage the child’s status to obtain residency and eventually citizenship.
  • Timeline – Generally longer than investment routes; naturalization periods vary from a few years to a decade, depending on the country’s residency requirements.
  • Cost – Legal fees for document preparation and filing; no large monetary investment is required.

3. Citizenship by Investment

Region / Country Main Investment Options Minimum Cost (single applicant) Typical Processing Time
Caribbean (St. Lucia, Dominica, Antigua & Barbuda, Grenada, St. Kitts & Nevis) Government donation, government‑backed bond (St. Lucia) US$100 k donation (≈ US$130 k for family) 6–8 months (fastest programs)
Turkey Purchase of approved real‑estate (≈ US$250 k) or deposit of US$500 k in a Turkish bank (held 3 years) US$250 k (property) 6–8 months
Malta (EU) €750 k donation + additional fees, plus rental or property purchase > €1 M total for a single applicant ~18 months
Bulgaria (Hybrid) €500 k investment (e.g., government bonds) + optional €500 k top‑up after one year €500 k–1 M 12–24 months
  • Donation vs. Investment – Caribbean programs often rely on a pure donation, while Turkey and Bulgaria require a tangible asset purchase that can potentially generate rental income.
  • Real‑Estate Caution – In the Caribbean, many approved projects are timeshares or low‑return developments; Turkey’s open‑market purchases generally offer better investment quality.
  • Fees – Application, due‑diligence, and processing fees are significant and vary by program; they are not included in the headline investment amount.

4. Naturalization Through Residence (Including Golden‑Visa Schemes)

  • Standard Naturalization – Live in the country for a prescribed period, learn the language, pay taxes, and demonstrate integration. Examples include the United States, Canada, and many South‑American nations.
  • Golden‑Visa Pathways – Investment‑based residence permits that eventually lead to citizenship.
    • Portugal: Minimum stay of ~7 days per year, investment in real estate or funds, Portuguese language requirement, citizenship after 5–6 years.
    • Other “Paper Residency” Options: Low‑cost residence permits in various countries (e.g., certain Caribbean and Central‑American states) that can be maintained with minimal physical presence.
  • Timeline – Typically 5–7 years for full citizenship, though residency can be obtained much sooner.
  • Cost – Varies widely: from modest fees for standard residency to several hundred thousand dollars for golden‑visa investments.

5. Fast‑Track or Honorary Citizenship

  • How It Works – Governments may grant citizenship directly to individuals who provide a notable benefit, such as major investment, job creation, cultural contribution, or a high‑profile act (e.g., rescuing a child, establishing a flagship business).
  • Examples
    • Serbia granted citizenship to a foreign entrepreneur opening a taekwondo studio.
    • Russia and France have awarded citizenship to celebrities or individuals recognized for exceptional deeds.
  • Process – Involves political sponsorship (president, prime minister, or parliamentary committee) and is highly discretionary. Numbers are low (often fewer than a few dozen per year) and the procedure can be expensive and time‑consuming.
  • Suitability – Best for high‑net‑worth individuals or public figures who can offer a clear, tangible advantage to the host country beyond a standard investment.

Choosing the Right Path

When evaluating options, consider:

  • Speed vs. Cost – Investment programs deliver the fastest passports but require substantial capital. Descent and marriage routes are cheaper but slower.
  • Passport Strength – EU programs (e.g., Malta) and certain Caribbean passports provide extensive visa‑free travel; others may be more limited.
  • Residency Obligations – Some schemes demand physical presence or language proficiency, while others (donation‑based) have none.
  • Long‑Term Goals – Tax planning, business expansion, and lifestyle preferences (e.g., preferred climate, language, education) should align with the chosen citizenship.

By matching personal circumstances with the criteria above, applicants can select the most appropriate and efficient route to a second passport.