6. Malta
Citizenship Cost: $1.25 million
Located in the Mediterranean Sea, this island that ranks 6th in our list of cheapest countries that sell citizenship is one of the smallest yet densely populated countries in the world. If you want to be a citizen of a country with beautiful beaches and warm climate, this is the country for you. Of course, deep pockets are a must. When started, Individual Investor Programme Malta that offers citizenship in return for investment was capped at 1,800 applicants. While there are already 1,100 percipients in the program, there are no plans to make the cap higher when it’s reached. The benefits of having Malta citizenship, besides safe and steady political climate, include being able to travel visa free in 160+ countries that include USA and Canada. You will also obtain EU citizenship that gives you the possibility to work, study and travel freely in all countries of the EU. The citizenship of Malta comes at a cost of €1.15 million or $1.25 million for a single person. This includes non-refundable €650,000 payment as a contribution to National Development and Social Fund, buying a property worth at least €350,000 and keeping the property for at least 5 years and finally €150,000 investment in bonds or stock while keeping the investment for 5 years. The whole process takes 12 months, after which you get the passport. Your family can also obtain citizenship for €25,000 to €50,000 contribution per family member.
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