Here we made an attempt to analyze the key factors to consider when choosing between three currently existing legitimate economic citizenship programs, in Dominica and St.Kitts & Nevis, tropical paradise islands, and Austria, a highly civilized European country. Results of this brief research are presented for your attention in the below table.
|Factors to Compare||Dominica||St.Kitts & Nevis||Austria|
|Type of Contribution||Non-refundable donation.||Investment in approved real-estate developments (can be sold only after five years) or non-refundable donation.||Direct investments. Plus a foreign investor has to bring a significant achievement with his investment, i.e. new technologies or a substantial number of new jobs.|
|Qualifying Amount of Contribution||US$ 100,000 for single option; or US$ 175,000 for family option (2 spouses without children); or US$ 200,000 for family option (2 spouses and 2 minor children + US$ 50,000 for every other minor child under 18, if any).||Investment of US$ 400,000 or donation of US$ 250,000 to US$ 400,000 and higher amount depending on the quantity of family members.||Investment of 3-4 million Euro to have a reasonable chance at qualifying.|
|Payment Terms||To be paid upon approval of application*.||To be paid upon approval of application*.||Investments are to be made first before submission of application.|
|Additional Costs (application, professional, legal, due diligence and other procedural fees and expenses)||Procedural fees per application starting with US$ 1,765; due diligence fees starting with US$ 4,000; professional and legal fees associated with the promoter’s assistance starting with US$ 20,000 depending on the quantity of family members.||Registration fee of US$ 50,000 for main applicant; US$ 25,000 for spouse and dependent child under 18; US$ 50,000 for unmarried dependent child of the applicant between 18 and 25 years; professional fees associated with the promoter’s assistance starting with US$ 25,000.||Legal fees start with US$ 30,000.|
|Citizenship status||Full citizenship for life, non-revocable.||Full citizenship for life, non-revocable.||Full citizenship for life, non-revocable.|
|Residence||Not required.||Not required.||Not required.|
|Dual Citizenship||Permitted.||Permitted.||Restricted. Renunciation of foreign citizenship is required.|
|Benefits to Travel||More than 100 countries and territories with no visa requirements or with visa upon arrival including United Kingdom, Hong Kong, China, South Korea, Singapore and most British Commonwealth member countries. And soon – Schengen area.||More than 100 countries with no visa requirements including Canada, Schengen States, United Kingdom, Switzerland, Hong Kong and most British Commonwealth member countries.||Visa-free access to all Schengen States.|
* The investment amount must be deposited on escrow upon the background verification. In case your application is rejected, you will be refunded.