Get ready to discover the ultimate guide to the 12 Fastest and Easiest Countries to Get Second Citizenship! We’ll take you through a detailed analysis of the top countries where you can get second citizenship with ease. Exciting, right? Let’s dive in!
In today’s rapidly evolving world, people are recognizing the significance of hedging themselves against uncertainty through various means, including obtaining a second citizenship. As of 2020, about 76% of countries allow dual citizenship. Some countries accept it faster than others, with America and Oceania leading the way. Now, the focus is not only on obtaining a second passport but also on finding the fastest and easiest countries to get citizenship.
Second Citizenship Vs Dual Citizenship
Dual citizenship allows an individual to hold passports from two countries, while second citizenship enables one to possess multiple passports, but each country recognizes the person solely as its citizen.
Interpreting Fastest and Easiest Countries for Second Citizenship
Choosing a country for second citizenship requires caution. It’s important to discern between dual citizenship and second citizenship. You can acquire citizenship through birth, descent, naturalization, marriage, or investment. However, not all options are feasible for everyone and some require a substantial initial investment. Making an informed decision is crucial when deciding on the fastest or easiest countries for citizenship.
Prevalence of Second Citizenship
Peter Thiel, co-founder of PayPal and Palantir Technologies, and the first outside investor in Facebook-Meta, is a prominent figure associated with second citizenship through naturalization. He was born in Germany and arrived in the US at the age of one. He worked hard to become a successful entrepreneur, establishing PayPal, Palantir, and joining Meta through an angel investment. Thiel is currently the Chairman of Palantir and has been a citizen of New Zealand since 2011.
Methodology
We have identified the 12 fastest and easiest countries to get second citizenship, using data from the CIA’s World Fact Book. We considered countries that allow dual citizenship and citizenship through birth, descent, and naturalization. We also examined residency requirements for naturalization and used the Passport Index 2024 ranking as a tiebreaker. In addition, Insider Monkey is an investing website that uses a consensus approach to identify the best stock picks of more than 900 hedge funds investing in US stocks.
12 Fastest and Easiest Countries to Get Second Citizenship
- Canada
- Bolivia
- Paraguay
- Peru
- Argentina
- Grenada
- Chile
- Barbados
- Dominica
- Guatemala
- Belize
- Jamaica
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Source: Yahoo Finance
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