If you’ve ever wanted citizenship of another country, there are some nations that don’t require family lineage or even long-term residency in order to obtain it. But it would require some moneys.
A number of countries around the world offer citizenship simply for buying a house in that nation. And that includes several EU member states.
To help determine how much you would need to buy a home in these countries, real estate agent Imovirtual has looked at house prices in 20 nations that offer homeowners passports.
Through its investigation, it found that the cheapest places to buy residency are in the Caribbean nation of Saint Kitts and Nevis, Hungary, Turkey and the UAE.
Interested parties can invest in a property in Saint Kitts and Nevis for around 180,000 Euros (approximately AU$294,000) while an investment in Hungary would set you back around 200,000 Euros ($326,000).
The best value for money places to get your residency are in Mauritius and Bulgaria.
At the other end of the scale, an investment of around 678,275 Euros ($1.1million) would be required in the Caribbean nation of Anguilla.
In its study, Imovirtual looked at the property requirements for residency and citizenship, but warned that there may be added expenses, tests, and requirements to obtain residency or citizenship in any of these countries.
The full data for each country can be found here.
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