But according to Katz, getting a second passport is not as easy as you might think. “From the first moment that you think about this until you actually do it, it’s generally a long process,” says Katz. And when it comes to getting citizenship quickly, there aren’t many options. “Most countries have immigration programs, and if you spend enough time you can graduate to citizenship,” says Katz. “Only few have immediate citizenship programs.
According to the experts, the best countries for citizen by investment include Malta, Montenegro and five Caribbean countries: St. Kitts, Antigua and Barbuda, Dominica, Grenada and St. Lucia.... [+]Get Golden Visa says that the three most popular golden visa destinations as of July 2022 include Greece, Portugal and Turkey, while Latitude says that the Spain Residency by Investment Program is also popular.
But there are things to consider if you want to move abroad, especially the cost and taxes. “Americans are at a huge disadvantage living abroad,” says Katz, who points out that the United States is the only country, other than Eritrea, that taxes its citizens living abroad, even if they are paying taxes in another country. “In order to avoid taxes, you have to give up your US citizenship, which has huge tax consequences.
Still interested? Here’s what you need to know about some of the best countries to get a second passport and live the new American dream.... [+]A Golden Visa is an immigration program that allows people to get citizenship in another country by purchasing real estate or making a large investment or donation. Here are a few of the best.
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