Three Questions to Ask Before Choosing a Second Citizenship Programme

“Which program should I choose?”

For any person thinking of investing in second citizenship, it is the most important question you need to ask yourself.

Here are 3 factors to consider while choosing the second citizenship program that will bring you and your family the most long-term value:

Do you plan on having a family?

For single applicants or young couples, this is a crucial question as the cost of acquiring citizenship for a new spouse or a newborn child at a later date differs significantly from program to program. Your long-term plans for a family should factor in your decision.

Do you have a large family?

Certain countries offer competitive investment packages for larger families or via the real estate investment route. As a large family, the real estate option might actually be more economical as you can sell the asset and recover part of your investment further down the line.

Do you travel frequently to certain countries?

Different programs offer visa-on-arrival to slightly different parts of the world. It is worth checking if any country is particularly important to your regular business or personal travel needs, although this should not be a primary deciding factor as visa-on-arrival access is reliant on current foreign affairs policies and could change in the future.

Remember, a good Citizenship by Investment advisor will not tell you which program they think is the best, but will help you find which program is the best for you. They can also guide you on avoiding second citizenship scams and tell you more about the essential documents you will need to submit an application.

If you would like to speak privately about whether a Citizenship by Investment programme fits your circumstances, reach a senior advisor at PassPro.