1. St. Kitts and Nevis
- Investment: $250,000 in the Sustainable Island State Contribution.
- Residency: There is no residency requirement, but visiting the islands to understand the culture and environment is beneficial.
- Taxation: No personal income, capital gains, or inheritance tax exists.
- Healthcare: Healthcare services are available but may be at a different level than in the US; private insurance is recommended.
- Cost of Living: The cost of living is generally lower than in the US, especially regarding housing and groceries (Best Citizenships)(Imperial Citizenship).
2. St. Lucia
- Investment: $100,000 to the National Economic Fund.
- Residency: Residency is not required, but staying a few days to explore the island is advised.
- Taxation: No income tax on worldwide income, but certain taxes like VAT and property tax apply.
- Healthcare: Adequate healthcare facilities, but travel to nearby countries may be necessary for complex treatments.
- Cost of Living: The cost of living in St. Lucia is reasonable, with affordable real estate options and lower living costs than the US (Best Citizenships) (Imperial Citizenship).
3. Antigua and Barbuda
- Investment: $100,000 to the National Development Fund.
- Residency: Minimal residency requirement of 5 days over five years.
- Taxation: There is no income tax on worldwide income, but local taxes such as property tax exist.
- Healthcare: Decent medical facilities are available for public and private healthcare options.
- Cost of Living: Moderate, with affordable real estate and general living expenses (Best Citizenships) (Latitude Residency & Citizenship).
4. Grenada
- Investment: $150,000 donation or $220,000 in real estate.
- Residency: No mandatory residency, but familiarizing oneself with local culture is beneficial.
- Taxation: No tax on worldwide income, but local taxes such as VAT and property tax apply.
- Healthcare: Healthcare services are available, with some private healthcare options.
- Cost of Living: Grenada boasts a relatively low cost of living, including an affordable housing market and minimum daily expenses (Global Citizen Solutions) (Imperial Citizenship).
5. Malta
- Investment: €600,000 contribution plus a property purchase or lease.
- Residency: Malta requires a minimum physical presence and proof of residence in the country.
- Taxation: Malta has a remittance-based tax system, meaning income remitted to Malta is taxable.
- Healthcare: High-quality healthcare system, often ranked among the best in Europe.
- Cost of Living: It is higher than in many other European countries, especially regarding real estate and daily expenses(Best Citizenships) (Latitude Residency & Citizenship).
6. Portugal
- Investment: €280,000 in a property or €500,000 in venture capital.
- Residency: Requires a minimum stay of seven days per year on average over five years.
- Taxation: Portugal has a favorable tax regime for new residents, including the Non-Habitual Resident (NHR) tax scheme.
- Healthcare: Excellent healthcare system, both public and private, accessible to residents.
- Cost of Living: Moderate, with affordable real estate options just beyond the outskirts of major cities and lower daily expenses compared to the US (Imperial Citizenship) (Latitude Residency & Citizenship).
7. Turkey
- Investment: $400,000 in real estate.
- Residency: No minimum stay requirement exists, but living in Turkey can help one to integrate better into society.
- Taxation: Turkey has taxation on worldwide income for residents, with various local taxes.
- Healthcare: Comprehensive healthcare system with numerous private healthcare facilities.
- Cost of Living: There is a lower cost of living than in the US, particularly in housing and food (Imperial Citizenship).
8. Dominica
- Investment: $100,000 donation.
- Residency: There is no residency requirement, but understanding the local culture is advantageous.
- Taxation: There is no tax on worldwide income, but there are local taxes, such as VAT and property tax.
- Healthcare: Adequate healthcare facilities, though complex treatments might require travel.
- Cost of Living: The cost of living is generally low, with affordable real estate and everyday expenses (Best Citizenships)(Imperial Citizenship).
9. Jordan
- Investment: $750,000 in real estate.
- Residency: No mandatory residency requirement for citizenship by investment.
- Taxation: Taxes on worldwide income for residents, with various local taxes.
- Healthcare: High standard of healthcare facilities, especially in urban areas.
- Cost of Living: Reasonable, with affordable housing and daily living costs (Global Citizen Solutions).
10. Vanuatu
- Investment: $130,000 donation.
- Residency: While there is no residency requirement, we strongly encourage you to visit and immerse yourself in the local environment. Understanding the culture and environment of your potential new home is not only beneficial but also a respectful way to approach your relocation journey.Taxation: There is no income, estate, or capital gains tax in Vanuatu.
- Healthcare: Limited healthcare facilities. Serious medical cases often require travel to nearby countries.
- Cost of Living: Vanuatu has a lower cost of living than many Western countries, with affordable housing and necessities (Global Citizen Solutions) (Immigrant Invest) (BlueSkyCitizenship.com).
These invaluable insights are designed to empower US citizens like you to make an informed decision when considering a move from the US and obtaining dual citizenship through investment. Rest assured, Arpin is here 24/7 to guide you through this transition, ensuring a smooth and hassle-free experience as you embark on this exciting journey. With over 124 years of professional moving experience, our international mobility expertise is at your service, guaranteeing your peace of mind throughout the entire moving process.
*US citizens who want to learn more about their tax obligations and how to fulfill them can watch Arpin’s International Insights interview with Tax Expert Olivier Wagner and get more details.
