Have 60 lacs to spare? You could acquire citizenship of an exotic country

Tiny countries in the Carribbean islands like St. Kitts and Nevis as also Dominica offer what is known as ‘Cash for Citizenship’ or the more politically correct title ‘Citizenship for Investment program’ program.

CNN has this http://edition.cnn.com/2013/06/28/business/world-overlooked-countries-second-citizenship

Essentially there are two options;

1) Invest $ 250000 in the country’s Sugar Industry diversification foundation

2) Invest $ 400000 in one of the approved real estate properties

One of the above two could result in you getting citizenship in the island nation and visa-free access to nearly 130 countries and territories. Its 100% legal and is open to all except to Iranian nationals.

If dont have that much to spare there is another option. Head to another Caribbean paradise, Dominica.

1) Invest $ 100000 in the deposits of the country’s largest financial institution National Bank of Dominica.

The above could result in you getting citizenship in the island nation and visa-free access to nearly 85 countries and territories.

Other countries that have such ‘Citizenship for Investment program’;

1) Australia
2) Austria
3) Hong Kong
4) Singapore

However, the investment criteria is much higher and other criteria too are extremely stringent. People, who cant afford the ridiculously over valued real estate in Mumbai, could just head there to be amongst the beaches and swaying palms.

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