The government adopted the citizenship by investment program as one of the mechanisms to promote economic growth, attract developments, increase foreign direct investment to the country, support the development of infrastructure and provide for a sustainable future. As a result, investors can choose from several options to qualify for the program.
1. National Development Fund Contribution or Charitable Donation
High net worth individuals may choose to make a monetary contribution of US$100,000 to the National Development Fund or an approved charity.
2. Real Estate Investment
Applicants may purchase property valued at a minimum of US$400,000 in a preapproved real estate development area. The investment must be maintained for a minimum of five years. Property registration, processing fees and taxes must be paid in addition to the property purchase.
3. Business Establishment
Applicants may invest US$1.5 million to establish a business. Two or more applicants may make a joint business investment with an individual threshold of at least US$400,000 and a total investment of at least US$5 million.