5 Of The Most Affordable Second Passport Programs For Global Freedom

by World Offshore Banks March, 2025


Acquiring a second passport through citizenship by investment (CBI) programs offers enhanced global mobility, financial advantages, and a secure alternative residency.

Several countries provide cost-effective pathways to citizenship for qualifying investors. Below is an overview of some of the most affordable and reputable CBI programs:
“Affordable

1. Dominica
Dominica's CBI program is among the most economical, requiring a minimum non-refundable donation of $100,000 to the Economic Diversification Fund.

The application process typically takes 3 to 6 months. Dominican citizenship grants visa-free or visa-on-arrival access to over 140 countries, including the UK, Ireland, and Singapore.

2. Saint Lucia
Saint Lucia offers a CBI program with a minimum donation of $100,000 to the National Economic Fund.

The process usually completes within 3 to 4 months. Saint Lucian citizens enjoy visa-free or visa-on-arrival access to over 140 countries, such as the Schengen Area and the UK.

3. Antigua and Barbuda
For families, Antigua and Barbuda's CBI program is particularly cost-effective. A $100,000 donation to the National Development Fund covers a family of up to four members, with a $25,000 processing fee.

The application process spans approximately 3 to 6 months, and citizens gain visa-free or visa-on-arrival access to over 150 countries, including the UK and Schengen Area. ​

4. Grenada
Grenada's CBI program requires a minimum real estate investment of $220,000 in government-approved projects.

The program is notable for its inclusivity, allowing the main applicant to include spouses, dependent children, parents, grandparents, and siblings.

Grenadian citizens benefit from visa-free or visa-on-arrival access to over 140 countries and are eligible for the U.S. E-2 visa, permitting residency and business operations in the United States. ​

5. Turkey
Turkey offers a CBI program requiring a minimum real estate investment of $400,000.

Investors have the flexibility to choose properties without location restrictions, potentially yielding profitable returns.

Turkish citizenship provides visa-free or visa-on-arrival access to over 110 countries and serves as a gateway between Europe and Asia. ​

Considerations For Prospective Applicants
When evaluating CBI programs, consider the following factors:

Investment Type:
Determine whether the program requires a donation, real estate purchase, or other forms of investment.

Total Costs:
Account for additional fees such as processing, due diligence, and legal expenses.

Processing Time:
Understand the duration from application submission to citizenship approval.​
“Second

Visa-Free Access:
Assess the strength of the passport in terms of global mobility.

Family Inclusion:
Check if the program allows family members to be included in the application and under what terms.

Get Expert Guidance
Engaging with reputable advisors experienced in CBI programs is crucial to navigate the application process effectively and ensure compliance with all legal requirements.

By carefully assessing these programs and aligning them with your personal and financial objectives, you can secure a second passport that offers enhanced travel freedom, economic benefits, and a valuable contingency plan for the future.