Back to News

Caribbean, Europe, News feed Date: 12 August, 2024

Where Can You Get Citizenship by Donation in 2024?

Where Can You Get Citizenship by Donation in 2024?

The Latitude Overview of the Donation Route to Citizenship

 

Eric G. Major is the Latitude Executive Chairman. He appreciates the appeal of Citizenship by Donation. “If you’re looking for total transparency in the cost and process of obtaining Citizenship by Investment (CBI), nothing beats Citizenship by Donation,” Major asserts.

He elucidates: “These contributions are non-refundable, so you will not receive any returns on what is after all a donation rather than an investment. In doing so, you are helping the country grow its sovereign equity, by contributing unfettered capital to the nation which it uses to fund key strategic projects and generally raise the quality of life of its citizens.”

Citizenship by Donation Countries

Of the 7 main countries offering CBI, 6 allow you to attain a new nationality via the donation route. Türkiye is the exception. All 5 Caribbean countries and Malta all have a donation component to their programs.

Maltese Exceptional Investment Naturalization (MEIN) requires you to donate €750,000 to its National Development and Social Fund, Malta’s Sovereign Wealth Fund, but only once the government has approved in principle your citizenship application. It’s the most expensive of the 7 options, but it provides the most benefits, including the right of settlement in all 27 EU Member States. 

Citizenship by Donation is 1 of 4 Antigua and Barbuda Citizenship by Investment options. Section 42(2) of  the country’s 2006 Finance Administration Act created the National Development Fund (NDF), with a globally-renowned accounting firm auditing this. The minimum contribution available to you as an investor is $230,000.

The Dominica Citizenship by Investment option to donate is to contribute to the Economic Diversion Fund (EDF). Dominica’s EDF is as committed to national development in the country as much as NDF is in Antigua and Barbuda. To acquire Citizenship by Donation in Dominica. you’ll need to make a payment of at least $200,000.

There are two Grenada Citizenship by Investment options, donation and real estate investment. To become a citizen by donating, you’re required to contribute to the National Transformation Fund (NTF). Your $235,000 capital injection will help to diversify Grenada’s economy.

The St Kitts and Nevis Citizenship by Investment‘s Sustainable Island State Contribution (SISC) offers another Caribbean Citizenship by Donation. It’s important to realize that this benefits both islands as it does on Antigua and Barbuda, as in the main one, St Kitts, and the smaller Nevis. The minimum SISC threshold is $250,000.

St Lucia Citizenship by Investment comprises 4 options. 1 of them is the National Economic Fund (NEF) which is used to strengthen the island’s infrastructure. This requires a donation of at least $240,000.

You can donate in Malta to earn citizenship.

How to Become a Citizen Through Donation in 2024

Citizenship by Donation requires at least $200,000. You should explore the pros and cons of the 6 relevant CBI programs with an expert consultancy like Latitude Group. So, don’t delay and contact us today.

Where Can You Get Citizenship by Donation in 2024?

Date: 12 August, 2024

Posted in: Caribbean, Europe, News feed