Conflicts in the Middle East, most prevalent in Syria and Iraq presently, have led its citizens to try to escape in any way possible, whether through legal or even illegal means. With recent crackdowns on refugees entering Europe by boat with poor chances of resettlement, Middle Eastern nationals are limited in their options to leave the region, unless they are among the affluent population that can afford to invest their way out.
Several countries around the world offer citizenship or residency by investment programs, whereby foreign nationals can immigrate to a country in exchange for a sizeable investment in the country’s economy. As war continues throughout much of the Middle East, foreign nationals who can afford these immigration programs are applying in a frenzy, as it is one of their only options remaining.
Even those Syrian and Iraqi nationals who have found their way out of their homelands by moving to safer Arab Gulf states for work for instance, are looking for second citizenship options as their passports are becoming even weaker as the wars continue. The Syrian and Iraqi passports are among the weakest in the world, allowing visa-free travel to only around 30 countries, with this number likely to decrease as the situations worsen. As hope for returning home has dwindled, these nationals are looking for a backup plan in finding a new country to call home. They need to secure a future for themselves, their families, as well as their businesses.
There are many immigration options for high net worth individuals looking for stability with a second passport. There are several business and investment immigration programs offered in the Caribbean, Canada, the USA, and Europe. The beautiful islands of St.-Kitts and Nevis, for instance, is a popular option available to foreign nationals as the program offers several benefits. First, there is no residency requirement in order to obtain citizenship. In other words, one can become a citizen of Saint-Kitts and Nevis without ever having to live there. This is good for individuals who have businesses abroad that they must tend to, while at the same time having a country to fall back on as a safety net.
Another benefit of the Saint-Kitts and Nevis citizenship by investment program is that it is relatively inexpensive when compared to similar second citizenship programs in Europe that can cost in the millions of Euros. The Saint-Kitts investment options are as follows: