Video Briefing

Nomad Capitalist: How to Get a Second Passport: 5 Ways to Become a Dual Citizen

Apr 10, 2019Video Briefing18:56Watch on YouTube

A second passport can provide greater travel freedom, access to health care, education, and tax planning options. While the process varies widely, there are five primary pathways to acquire a legal second citizenship.

1. Citizenship by Descent

Many countries grant citizenship to descendants of former nationals.

  • Typical eligibility: A parent, grandparent, or great‑grandparent who held citizenship at the time of your birth.
  • Common jurisdictions:
    • Ireland – citizenship can be claimed through a grandparent; a formal application and supporting documents are required.
    • Italy – allows claims through a great‑grandparent, but the lineage must be fully documented and the ancestor must not have renounced Italian citizenship before the next generation’s birth.
    • Lithuania, Hungary, Armenia – also offer descent‑based citizenship, each with its own documentation rules.
    • Israel – the Law of Return provides citizenship to individuals of Jewish ancestry, following a separate procedure.
  • Key considerations:
    • Dates must align; the ancestor must have been a citizen when the next in line was born.
    • Gathering birth, marriage, and citizenship records can be time‑consuming and may involve translation and legalization.
    • Not all countries guarantee approval; the process can be bureaucratic and may take months or years.

2. Citizenship by Marriage

Marrying a national can shorten the residency period required for naturalization, though it rarely grants immediate citizenship.

  • Typical residency requirement: 2–5 years of legal residence, depending on the country.
  • Examples:
    • Mexico – a spouse of a Mexican citizen may apply for naturalization after two years of marriage, compared with five years for other applicants.
    • Armenia – marriage to an Armenian citizen reduces the residency period, especially if the couple has a child.
  • Caveats:
    • Most countries require the foreign spouse to live in the country for a minimum period each year.
    • Some jurisdictions (e.g., Cape Verde) have offered rapid naturalization in the past, but policies can change quickly.
    • Genuine marital relationships are scrutinized; fraudulent marriages can lead to denial and legal penalties.

3. Naturalization (Residence‑Based)

Traditional naturalization involves establishing legal residence and fulfilling time‑based criteria.

  • Standard timeline: 5–6 years of continuous residence, often with a minimum of 9 months per year in the country.
  • Low‑tax or “paper residence” options:
    • Paraguay – obtain permanent residence, maintain minimal physical presence, and apply for citizenship after three years.
    • Colombia – permanent residence can be kept active with a single day of presence every two years; citizenship follows after a set period.
    • Chile – requires six months of presence in the first year, then one day per year thereafter.
    • Portugal Golden Visa – five‑year residency through a qualifying investment; basic Portuguese language proficiency is required for citizenship.
  • Requirements:
    • Proof of legal residence (property ownership, rental agreement, or business registration).
    • Language proficiency and civic knowledge tests in many countries (e.g., Portugal, the United Kingdom).
    • Potential tax obligations; residing for the required period may trigger local tax residency, especially in high‑tax jurisdictions.

4. Citizenship by Investment (Donation or Real‑Estate)

A limited number of states offer fast‑track citizenship in exchange for a substantial contribution to the national economy.

  • Typical cost range:
    • Caribbean programs (St. Lucia, Grenada, Antigua & Barbuda, Dominica, Saint Kitts & Nevis) – non‑refundable donations start around US $100,000; real‑estate options often require US $200,000–$300,000 held for 5–7 years.
    • European options – Malta and Cyprus previously offered citizenship for multi‑million‑euro investments; recent reforms have increased scrutiny and costs.
    • Turkey – real‑estate purchase of at least US $400,000 (subject to change) can lead to citizenship after a few months.
  • Process: 3–6 months on average, subject to background checks (no serious criminal record; some programs exclude nationals from specific countries).
  • Advantages: Rapid acquisition, minimal physical presence requirements, and often visa‑free travel to a large number of countries.
  • Risks:
    • The contribution is typically a donation, not a recoverable investment.
    • Real‑estate options may yield lower returns if the property cannot be sold at a profit after the holding period.
    • Programs can be suspended or altered by governments, affecting future applicants.

5. Exceptional or Fast‑Track Naturalization

Some countries grant citizenship to individuals who make a significant, often strategic, contribution beyond a standard investment.

  • Austria – offers citizenship for extraordinary contributions, such as a direct investment of €10 million or a donation of €2–3 million, but the process is highly selective and not a commercial program.
  • Gulf States (e.g., United Arab Emirates, Qatar) – may naturalize elite athletes, artists, or business leaders who can enhance the nation’s international profile.
  • Singapore – occasionally grants permanent residency or citizenship to high‑skill professionals, artists, or entrepreneurs who meet specific economic or cultural criteria.
  • Key features:
    • No fixed “price list”; decisions are made case‑by‑case based on the applicant’s perceived value to the country.
    • Applicants often need to demonstrate a concrete plan (e.g., creating jobs, investing in a strategic sector, or contributing to national prestige).
    • The process can be faster than ordinary naturalization but remains discretionary and may favor applicants from certain backgrounds.

Practical considerations when choosing a pathway

  • Timeline vs. cost: Descent and marriage can be low‑cost but may take years; investment routes are fast but expensive.
  • Tax implications: Residency‑based naturalization can trigger tax residency; investment programs often avoid this by requiring minimal physical presence.
  • Travel benefits: EU citizenship (e.g., Ireland, Italy) provides visa‑free access to the Schengen Area, while Caribbean passports offer broad visa‑free travel to the Americas and Asia.
  • Long‑term stability: Programs subject to political change (especially some investment schemes) may be less reliable than descent‑based citizenship.
  • Documentation: All routes require thorough record‑keeping, translation, and legalization of personal documents; professional assistance can reduce errors but adds cost.

Evaluating personal goals—whether they are travel convenience, tax planning, business expansion, or personal security—will determine which of these five routes offers the most suitable balance of cost, speed, and long‑term benefit.