March 16, 2024


 min read

The Most Affordable Citizenship and Residency Programs








The Most Affordable Citizenship and Residency Programs


In today's globalized era, acquiring a second citizenship or residency has become a significant move for many. Whether it's for better job opportunities, political stability, or simply enjoying a change of scenery, the idea of holding dual citizenship or residency has its allure. However, the process can be costly and time-consuming. But what if you could receive citizenship or residency in an attractive country without breaking the bank?

Imagine having the freedom to live, work, and travel freely in your chosen country, enjoying the same rights and privileges as native citizens. Affordable citizenship and residency are not just a dream but a feasible reality. With numerous countries offering Residency or Citizenship by Investment (CBI) programs, it's now possible to become a global resident without spending a fortune.

Understanding Residency Or Citizenship Programs by Investment 

An investment program is a process where individuals can acquire a second citizenship or residency by making an economic contribution to the host country. This contribution can take various forms, like a real estate investment, a donation to a national development fund, or business investment. These programs are designed to attract foreign capital and business, boosting the country's economy.

The concept of investment programs is gaining popularity worldwide, with many countries offering attractive ones. It presents an excellent opportunity for individuals to enjoy the benefits of dual citizenship or residency at a fraction of the conventional cost. However, not all programs are created equal. Some are more affordable and offer more benefits than others.

Colombia: An Affordable Option for Residency

When thinking about affordable residency options, Colombia probably doesn't come to mind immediately. However, Colombian residency has become increasingly popular over the years due to its affordability and attractive lifestyle. With its rich culture, vibrant cities, and beautiful landscapes, Colombia is an ideal place for those seeking a new home.

The Colombian government has made it relatively easy and affordable to obtain residency. There are two popular investment tracks to obtain Colombian residency:

  1. Investment in real estate: Applicants have to purchase property in Colombia with a minimum investment of $75,000 (M-10 Visa).
  2. Business investment: Applicants have to invest in a local business with a minimum investment of $30,000 (M-6 Visa).

Colombian residency permits are valid for up to three years and can be renewed. There is also the possibility of applying for Colombian citizenship after ten years. To extend a residence permit and apply for citizenship, you must stay for at least six months per year.

The application process for a residence permit is straightforward, quick, and uncomplicated. It takes two to three months.

Moreover, the cost of living in Colombia is relatively low, making it an attractive destination for retirees and digital nomads, who have different visa and residency options to live and work in Colombia.

French Residency: Simple and Accessible

Another affordable option for gaining residency is France. Known for its rich history, world-class cuisine, and high standard of living, France is a desirable destination for many. French residency is not only affordable but also straightforward to obtain. 

The cost of obtaining French residency can be as low as $25,000. The French residence permit is valid for up to one year and can be extended. There is also the potential to apply for French citizenship in five years if you so desire. There are no minimum stay requirements to maintain or extend the residence permit. 

Additionally, the residence permit application process is straightforward, fast, and hassle-free. It takes around two to three months. The main requirements are: 

  • Real estate purchase or property lease in France for a period of one year for any amount, or we can provide you with a virtual address;
  • Proof of €36,000 in a bank account (capital for living in France);
  • Proof of passive income of €3,000 or more per month 

This program, combined with affordable healthcare and education systems, makes France an appealing choice for many. As a resident of France, you can enjoy visa-free travel within the Schengen Area, which includes 26 European countries. You can obtain the opportunity to live and study in the EU. You can find more details in our French residence permit page.

Vanuatu Citizenship By Investment: Your Ticket to South Pacific Living

If you're interested in a more exotic location, consider Vanuatu. Situated in the South Pacific, Vanuatu is known for its stunning beaches, active volcanoes, and diverse culture. The Vanuatu CBI program is one of the fastest and most affordable in the world. You can obtain Vanuatu citizenship in as little as 30–60 days. 

To get a Vanuatu passport, there are the following two investment tracks:

  1. Contribution to the National Development Fund: a minimum non-refundable deposit of $130,000 for the individual applicant and $150,000 for the couple, plus state and service fees.
  2. Investment in bonds of at least $100,000. The applicant must pay 100% of the bond money, and the bond investment is fully refunded upon maturity (Note: no interest is paid). The maturing period varies from 2 to 3 years. 

The Vanuatu CBI program offers advantages, such as:

  • Quick processing times compared to other CBI programs.
  • Maintain privacy and confidentiality as a citizen.
  • Visa-free or visa-on-arrival access to numerous countries
  • No personal income tax, capital gains tax, or inheritance tax
  • A relaxed lifestyle and explore investment prospects in various sectors.
  • Dual citizenship is allowed.

Dominica Citizenship by Investment: Caribbean Citizenship on a Budget

Dominica, a beautiful island nation in the Caribbean, has one of the most cost-effective CBI programs. Known for its lush rainforests, stunning waterfalls, and vibrant culture, Dominica offers a unique and affordable path to Caribbean citizenship.

Dominica is one of the most popular programs among investors, especially for those who would like to reduce their tax burden, get visa-free access to China, and also invest in reliable real estate projects. In Dominica, there is zero personal tax and no tax on global income, inheritance, capital gains, dividends, etc.

Dominica had also been named the #1 citizenship by investment program in the CBI index report.

To get a Dominica passport, there are two reliable investment tracks:

  1. Contribution to the Economic Diversification Fund (EDF): a minimum non-refundable deposit of $100,000 for the individual applicants plus state and service fees
  2. Investment in real estate, which could also include fractional hotel shares, starts at $200,000 plus state and service fees. You can sell your property in 3 years and retain the passport.

There is no need to renounce your previous citizenship when obtaining a Dominica passport, and there are no residency requirements to maintain citizenship status.

The actual program timeline, from application submission to passport issuance, is 3-6 months. The process is straightforward, and the benefits are numerous. As a Dominican citizen, you'll enjoy visa-free travel to over 140 countries, minimal taxation, and the right to live and work in the country.

St. Lucia Citizenship by Investment: A Cost-Effective Island Paradise

St. Lucia is another Caribbean island that offers an affordable CBI program. Famous for its beautiful beaches, volcanic landscapes, and luxury resorts, St. Lucia is a paradise for those seeking a relaxed lifestyle. 

The St. Lucia CBI program is one of the cheapest CBI programs in the world. The St. Lucia CBI program offers several investment options, including: 

  1. National Economic Fund (NEF): Applicants can make a non-refundable contribution of at least $100,000 to the NEF, which supports various sectors of St. Lucia's economy.
  2. Real Estate Investment: Applicants can invest at least $200,000 in approved real estate projects, such as luxury resorts, high-end properties, or boutique developments.
  3. Government Bonds: Applicants can purchase non-interest-bearing government bonds of at least $300,000 and hold them for a prescribed period.
  4. Enterprise Projects: The program allows for investment in approved enterprise projects (starting at $1,000,000), promoting economic development in St. Lucia.

The St. Lucia CBI program follows a well-defined application process. Applicants must submit the necessary documentation, undergo background checks, and provide evidence of the qualifying investment. The processing time for applications is typically three to five months.

Upon approval and successful completion of the investment, applicants and their families are granted St. Lucian citizenship. They gain access to benefits such as visa-free or visa-on-arrival travel to numerous countries, a favorable tax environment, and the ability to reside, work, or study in St. Lucia.

Antigua and Barbuda Citizenship by Investment: Sun, Sea, and Citizenship

Antigua and Barbuda, a twin-island nation in the Caribbean, offers an attractive and affordable CBI program. Known for its pink and white sandy beaches, crystal-clear waters, and year-round sunshine, Antigua and Barbuda is a popular destination for tourists and investors alike.

Antigua and Barbuda CBI is one of the great programs in the Caribbean region that opens a wide range of opportunities, including various investment options from the national development fund to nice real estate projects (Moon Gate, Nonsuch Bay, and others) and even a donation to the University of the West Indies (which would be a great fit for a large family).

There are four investment options available under the program:

  1. National Development Fund (NDF): Applicants can make a non-refundable contribution of at least S$100,000 to the National Development Fund, which supports various government projects, including sustainable development, infrastructure, education, healthcare, and tourism.
  2. Real Estate Investment: Applicants can invest at least $200,000 in approved real estate projects in Antigua and Barbuda. The minimum investment amount varies depending on the number of applicants, and the property must be held for a minimum period of five years.
  3. University of the West Indies: A non-refundable donation to the University of the West Indies Fund of at least $150,000. An excellent option for a family of 6. The contribution will also entitle one family member to a one-year scholarship at the University.
  4. Business investment: Investment in a pre-approved business or joint venture of at least $400,000.

The application process takes 3-5 months and typically involves the following steps:  

  • Engage a government-approved local agent or authorized representative.
  • Complete the application forms and provide the necessary supporting documents.
  • Pay the required fees, including due diligence fees and processing fees.
  • Undergo a thorough due-diligence background check.
  • Make the chosen investment.
  • Once approved, take the oath of allegiance and get a passport.

Obtaining citizenship through the Antigua and Barbuda Citizenship by Investment program offers several benefits, including:

  • Visa-free or visa-on-arrival access to over 150 countries, including the United Kingdom, the Schengen Area, and many others.
  • No residency requirements
  • Dual citizenship is allowed.
  • Access to tax advantages and incentives in Antigua and Barbuda
  • Opportunity for a better quality of life, education, and business prospects.

Choosing the Right Affordable Citizenship and Residency

In conclusion, acquiring affordable citizenship or residency is a significant decision that requires careful consideration. Whether you're attracted to the vibrant culture of Colombia, the charm of France, the exotic allure of Vanuatu, or the Caribbean paradise of Dominica, St. Lucia, and Antigua and Barbuda, the choice is yours. Remember, the goal is to find a place that suits your lifestyle, offers a high standard of living, and provides the benefits you seek from a second citizenship or residency.

Ready to take the next step towards affordable global citizenship or residency? Get your second citizenship or residency with Golden Harbors. Our team of experts is here to guide you through every step of the process, ensuring a smooth and successful transition to your new life.


Residence Benefits

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Visa-Free Travel to Over 145 Countries

Including the EU, the Schengen Area, the UK, Hong Kong, China, and Singapore. Simple procedure for obtaining long-term tourist visas (B1/B2) to the United States & Canada


Global mobility and freedom

We take care of the paperwork and help you prepare and submit your application - you receive your passport via DHL Express. No requirement to reside in Dominica


Fast Application Processing

From 3 to 6 months


Global mobility and freedom

Zero personal tax on global income. No tax on inheritance, capital gains, foreign income, dividends, interest, or royalties


Dual Citizenship is Allowed

There is no need to renounce your previous citizenship when obtaining a Commonwealth of Dominica passport


Global mobility and freedom

From $100,000 for a single applicant



Processing Time and Terms

Enter your anticipated application start date for Dominica citizenship by investment program and receive a clear timetable for each step of the process

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Sign a service agreement, fill out application forms, and pay the initial service and due diligence fees.


We compile a document package and submit it for due diligence performed by Dominica Citizenship by Investment Unit


Due diligence and background check conducted by the state


We submit your citizenship application once we receive the approval, and you make payment of the outstanding investment amount, government fees, stamp duty, and other fees.


We supervise the issuance of your passport by Dominica and send your Certificate of Citizenship and passport by DHL Express.

There are Always Options to EXPAND YOUR BOUNDARIES! Let's Discuss Yours

Every client is unique

Every case requires an individual approach and solution. Our years of experience in the industry allow us to provide both.

We will answer all your questions and provide detailed information about the available second passport and residency programs to help you make the right choice.


Lead Attorney at Golden Harbors

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Lead Attorney at Golden Harbors