Home European Citizenship The Cheapest Second Passports in Europe

The Cheapest Second Passports in Europe

Can you become a European citizen? Watch this video to find out.

In this video, Andrew discusses the different ways to get a second citizenship and second passport in Europe. There are multiple ways to get citizenship in European countries.

The cheapest second passport can be obtained through citizenship by descent.
Or, you can go where you’re treated best and start the naturalization process.
But what if you can’t live in a new country for months or years at a time?

There are also some countries that allow you to get European citizenship by investment. Citizenship by investment programs may cost more but a real estate investment can eventually turn profitable.

In some countries, you can fast track the naturalization process and obtain citizenship by donation.

Work with Andrew:

Andrew has started offshore companies, opened dozens of offshore bank accounts, obtained multiple second passports, and purchased real estate on four continents. He has spent the last 12 years studying and personally implementing the Nomad Capitalist lifestyle.

Our growing team of researchers, strategies, and implementers add to our ever-growing knowledge base of the best options available. In addition, we’ve spent years studying the behavior of hundreds of clients in order to help people get the results they want faster and with less effort.

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

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48 COMMENTS

  1. I love your straight to the point no sugarcoating advice. It is so refreshing to listen and read to someone who gets to the point and is not trying to sell something. I subscribe to your newsletter and read your website as well and look forward to updates.

  2. It's much easier to get residential visa. For example in Cyprus you could get "pink slip" or guest visa, it's allows you to stay for year, but you should prove that you have enough money(like 1.5k euro per month) and some property, rented or bought

  3. In regards to Polish citizenship by descent, does anyone have any experience or recommendations on immigration attorneys & other services that help to confirm citizenship by descent? I'm toying with using Lexmotion but to confirm my Polish citizenship, it'll cost me $1600-1700.

  4. Hi Andrew, if I have to chose between st.Lucia and Dominica passport ,both same price which one you recommend in term of quality and ease like opening bank account dealing with government etc ,, Thanks

  5. Hi, Andrew! Not even a word about Bulgarian Citizenship by investment program..Why? Here we are talking about a real investment – not a single euro as dotation as other countries. I'am an Immigration lawyer and I Can Help you to make a good presentation about Bulgarian opportunities for Second passport/residence.

  6. I’m starting to get nervous about the American economy and the overall direction the country is heading. I’m in Nevada and rumors are swirling taxes are going to go up here and eventually there will be an income tax. I don’t know how true it is but the way things are going the future looks scary here. I just think taxes are going to skyrocket all over the states in the future and healthcare is going to increase. Is it going to be worth living here in the long run . I’m already thinking about leaving sooner rather than later. I just don’t know where , that’s the tough part

  7. I was dedicated enough to take advantage of my residence while studying in the Netherlands to apply for naturalization after 5 years (to the day), and received my Dutch citizenship a year later. As a broke student, and later young professional, I had no problems with extreme taxes. Now I hope that NL allows for general dual citizenship (there are already loopholes) and that the EU doesn't force them to tax citizens abroad like the US does.

  8. Any thoughts/speculation on the (relatively distant) future of passports in general? I wonder if it get to a point where passports are unaffordable except for the ultra rich – and what that would mean for us serfs.

  9. Hey andrew, me and my family want to leave our country (lebanon) and obviously we need a fair amout of money to do that, but the banks here have stopped money transfers to all countries, wich means we aren't able to use the money that we have to move out of the country, so is there any offshore bank account i can open online and without leaving the country or paying a lawyer and with no minimum requirement(because we can't trasfer money as i said)and the thing is that we can make money to use in the migration process but we just need an offshore bank account that isn't blocked, thank you for your help

  10. From a moral point of view, everything about gaining nationality depending on how lucrative you are, is totally wrong. Yes, please come to my country – the Republic of Wherever the fuck and invest heavily in already failing projects. Oh yeh.. here's your passport too!

  11. Singaporean passport maybe the perfect mix of low tax, simple tax system and tier A access to the world. The dropback is that Singapore doesn't acknowledge dual citizenship and it may not have a strong consular support.

  12. someday I would like to include in my list of passport the countries like italy golden visa, london you need 5M gbp and 10M gbp investment and also in australia with 4M australian dollar stay there 40days a year for 4years then you can be naturalised australian citizen. newzealand has also a golden visa program.

  13. If Sweden changed their rules to eliminate the exceptions from when they didn't allow dual citizenship which meant you had to register as Swedish at a time when you couldn't do that, then my 100% maternal lineage to Sweden would allow me to be Swedish by descent, but because my grandmother was born in the USA and my mother and because in the 1940s my grandmother couldn't file a piece of paper to become Swedish, my mother isn't Swedish, and so neither of us can become Swedish, despite being in my mother's case, 100% Swedish by descent, and in my case 50%.

  14. If I wanted a Tier A Passport other than the US passport I currently have, then I would suck it up and move to Chile for five or six years, or perhaps Mexico as an A- passport with Canada, and New Zealand access, but that is because I'm not a seven figure business person or likely to become one in the next five years. If I were a seven or eight figure person, I would be working on either Singapore or South Korea as a route to a Tier A Passport. If I wanted to take the risks that you and I both see associated with a European passport, I would be looking into the various digital nomad passports in the EU nations as a potential path towards EU citizenship, or the UK entrepreneur visa, as a lower income individual. If I had a fair sum of money Portugal's golden visa is the only viable looking option.

  15. The European citizenship I'd pick is Bulgaria. It's easy when compared to other European countries, u just hire 10 people and wait a couple of years, u might have to spend some time there but it's low taxed and a pleasant place to be and, ofc, it's a member of the Schengen Area.

  16. I don't care about the money if I have enough but I need a quality passport or a PR which will allow me to stay in any country in Europe indefinitely and not being turned away at the border gate

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