The best second passport and the best economic citizenship program is the one that I can’t advertise or name the country of issuance. It is a passport granted in a private transaction by one of my favorite Latin American and Caribbean nations and one that is completely off the radar. It’s a country known for personal and financial privacy. It is a nation that is a stalwart of the asset protection world. The best second passport is the one no one knows is available. The best economic citizenship is the one that is completed in private with no public record.
Before I continue, let me define a few terms. A second passport or an economic citizenship is obtained by paying money to the government in exchange for an officially sanctioned citizenship and passport. Such a transaction should be completed quickly and is a simple cash for citizenship deal. There should be no requirement to live in the country before citizenship is granted or any conditions placed on your passport.
Of course, there are other ways to get a second passport. For example, you can become a resident of a country like Panama for 5 to 7 years and then apply for citizenship (often a 10 year process in total). Another is to claim citizenship through ancestry in the fatherland of your parents or grandparents. These long term options are not considered here. This article is for those who want the best economic citizenship and the best second passport today, not 10 years from now.
There are two second passport and economic citizenship programs that are marketed to the general public: The island of St. Kitts and The Commonwealth of Dominica. All of these transactions are public record and closely watched.
You can obtain citizenship in St. Kitts by paying $250,000 to $450,000, or by purchasing real estate of $400,000 to $800,000 (amounts vary by family size). Because real estate in St. Kitts is not all that desirable, taxes and maintenance costs are high, when you sell the property you give up your citizenship, and because the acquisition takes time, most of my clients have taken the cash for passport option.
A second passport or economic citizenship from St. Kitts will give you visa free travel to over 100 countries, including Canada, Great Britain, Hong Kong, Liechtenstein, Ireland, Sweden, Switzerland and Schengen States of the European Union. For a list of these countries, click here.
A passport from St. Kitts will also facilitate residency in in Monaco, Switzerland, Andorra, United Kingdom, and Bermuda, Cayman Islands, Bahamas and other Caribbean countries. As such, it is the most desired second passport and economic citizenship.
You can also obtain citizenship and a passport from the Caribbean island of Dominica. A passport from Dominica will usually cost you about $200,000 to $275,000 and provides visa-free travel to 60+ countries, including the United Kingdom and CARICOM nations. Click here for list of visa free countries.
Those are the common programs. The best second passport and the best economic citizenship program is the one you won’t find on the internet. It is the one from the country I am not able to name…or risk being banned from doing business for life in that nation. It is a second passport from a country that wants to stay out of America’s crosshairs.
The country with the best second passport and best economic citizenship is part of both Central America and the Caribbean, English is the official language, it is a member of the Commonwealth of Nations, and it has an excellent reputation for privacy and asset protection. This reputation goes a long way to explaining why all second passport transactions are private.
This country’s passport offers Visa Free travel to about 70 nations, including Colombia, Mexico, Panama, Ireland, UK, Hong Kong, and Singapore. It is generally more respected than Dominica…whose document may be losing some of its luster because of the number of second passports issued.
The best second passport will cost you about $165,000 for a husband and wife, plus $7,000 per minor dependent child. All applicants must provide clean police records and be of good character. There is no requirement to live in this country after the passport is issued and no residency required prior to its issuance.
I will also note that full and legal citizenship is granted. While some countries limit your rights as an economic citizen, this program gives you the same rights and benefits as a native. You can vote and participate in elections, operate any business you choose, and are on equal footing with persons born there.
Finally, I would like to point out that this IS NOT some gray market second passport or back-alley deal. This is a government sanctioned program with no bribes, kickbacks, tricks, or funny business. You make a contribution to the government of this country and receive your passport just as you do with St. Kitts and Dominica…clean and simple.
For additional information on the St. Kitts and Dominica programs, please click here to go to PremierOffshore.com.
To learn more about the best second passport and best economic citizenship program available, contact me at (619) 564-4062 or at info@premieroffshore.com for a free and confidential initial consultation.