10 countries where you can buy a passport: how much does it cost?

Bloomberg has compiled a list of countries where you can buy a passport.

• And while many countries, including the US, allow legally living foreigners to apply for citizenship if certain criteria are met (such as investing in business or real estate), there are only 10 countries in the world that sell passports. In most cases, this is done through direct investment, usually in real estate or local businesses.
• Citizenship can be bought: in Austria ($23.75 million), Cyprus ($2.375 million), Malta ($1.065 million), Turkey ($1 million), Vanuatu ($226.5 thousand), Grenada ($208 thousand). ), Saint Kitts and Nevis ($150,000), Saint Lucia ($100,000), Dominica ($100,000) and Antigua and Barbuda ($100,000).
• Some countries have additional conditions. For example, Austria requires the applicant to actively invest in the local economy, while in Turkey the money can be spent on the purchase of real estate or put into a bank account (in the latter case, we are talking about an amount of $ 3 million, which must be placed on deposit for three years).
• Most of these countries (eight out of 10) are classified by the IMF as offshore financial centers. However, according to Christian Kalin of Henley & Partners, a citizenship consulting firm, most wealthy people don't buy a second passport to evade taxes. Some clients thus seek to avoid the consequences of the shocks taking place in their country. Another reason to buy a second passport is to show off. “If you have a yacht and two planes, the next thing is a Maltese passport,” Kalin says. According to him, this is the last symbol of high social status.