Which is the fastest citizenship by investment passport program?
We have some answers for you.
In 2019, Vanuatu and Saint Lucia has significantly improved their application processing times. As of today, Vanuatu has the fastest passport for investment. Vanuatu approves all applications and issues passports within 1 month time.
Most caribbean countries take 2 months of processing time as this time consumed by due diligence checks report received from service providers. Citizenship units cannot approve passports if the DD checks cannot be carried out in certain countries such as Syria, Iran etc. Further failing background checks or concealment of information can also lead to citizenship refusals.i
The Investment in the form of donation has to be paid to government, only after application is approved clearing all DD checks. Most agents will ask for a small 10% retainer fee to carry out initial preliminary checks.
Fastest CBI Passports
CBI | Price | Passport time | Visa free | Residence conditions | Passport validity |
Vanuatu | $150,000 (donation) | 1 month | 129 | none | 10 years |
St Lucia | $100,000 (donation) $300,000 (real estate) $500,000 (Govt bonds) |
2.5 months | 145 | none | 5 |
St Kitts & Nevis | $150,000 (donation) $200,000 (real estate) |
3 months | 151 | none | 10 |
Antigua & Barbuda | $100,000 (donation) $200,000 (real estate) |
3 months | 150 | 5 days | 5 |
Grenada | $150,000 (donation) $220,000 (real estate) |
3 months | 142 | none | 5 |
Dominica | $100,000 (donation) $200,000 (real estate) |
3 months | 137 | none | 10 |
Turkey | $250,000 (real estate) | 3-4 months | 111 | none | 10 |
Montenegro | €350,000 (real estate + donation opening in 2020) | 3 months | 123 | none | 10 |
Cyprus | €2.15 million (real estate) | 7 months | 173 | 6 months | 10 |
Greece | €2 million (opening in Q1 2020) | 6 months | 183 | 6 months | 10 |
Slowest CBI Passports
CBI | Price | Passport time | Visa free | Residence conditions | Passport validity |
Malta | €900K (Donation + Bonds) | 14 months | 182 | 12 months | 10 |
Bulgaria | $1,000,000 (bonds) | 15 months | 169 | 1 years | 10 |
Please note application process takes longer provided all documents submitted in order. Long processing delays are caused by missing documents or certificates required for CIP approval. Your agent will advise you further.
You dont need to visit the country to take oath or receive passports. The passports will be handed over to you by your authorized agent or at the consulate abroad. This makes time to receive passports much faster.