: It provides an escape route in case of political or economic turmoil in one's home country.
A second passport is often viewed as a "Plan B" or a "lifestyle insurance policy". how to buy a passport
Costs vary wildly depending on the country's economic standing and the "power" of the passport (how many countries it allows visa-free access to). : It provides an escape route in case
: These are significantly more expensive but offer the right to live and work anywhere in the EU. For example, Malta can cost upwards of €1.15 million , while Austria may require even higher business investments. Why People Do It : These are significantly more expensive but offer
When people talk about "buying" a passport, they are typically referring to programs. These are legal, government-run initiatives where individuals can obtain a second citizenship and passport in exchange for a significant financial contribution to that country's economy. How Legal "Passport Buying" Works
: Popular regions for CBI include the Caribbean (e.g., St. Kitts and Nevis , Dominica) and Europe (e.g., Malta, Austria).
: Often the most accessible, starting around $100,000 to $250,000 for countries like Dominica or St. Kitts and Nevis .