9 countries where you can buy a second passport - and what it'll cost you to secure it

There are two different avenues for securing citizenship in Dominica:

• A direct minimum $100,000 contribution to the country's Economic Diversification Fund
• The purchase of approved real estate with a minimum value of $200,000

Each avenue listed above shows the cost for a single applicant. The cost increases by at least $75,000 for a spouse or family of up to four for the Economic Diversification Fund option or by $35,000 for a spouse or family of up to four for the real-estate option. It is also important to note that additional government processing fees can total $15,000.

• Total minimum cost for a family of four choosing the most economical option: $190,000 toward the Economic Diversification Fund, including fees.

The process is estimated to take three months from the initial submission of the application to receipt of the passport. Dominica allows dual citizenship and does not require you to renounce your previous citizenship. The Dominica passport allows visa-free access to 139 countries and is ranked the 37th strongest passport in the world by the Henley Passport Index.

There are four different avenues for securing citizenship in St. Lucia:

• A direct minimum $100,000 contribution to the National Economic Fund
• The purchase of approved real estate with a minimum value of $300,000
• A five-year minimum $500,000 investment in non-interest bearing government bonds
• A minimum $3.5 million investment in an approved enterprise project that creates a minimum of three permanent jobs

Each avenue listed above shows the cost for a single applicant. The cost increases by at least $25,000 per additional dependent and avenue chosen. It is also important to note that additional government processing fees vary between avenues but can surpass $50,000.

• Total minimum cost for a family of four choosing the most economical option: $207,500 toward the National Economic Fund, including fees.

The process is estimated to take three months from the initial submission of the application to issuance of citizenship. Then, you can apply for a passport, which will take two weeks and can be expedited. St. Lucia allows dual citizenship and does not require you to renounce your previous citizenship. The St. Lucia passport allows visa-free access to 145 countries and is ranked the 33rd strongest passport in the world by the Henley Passport Index.

There is one avenue for securing citizenship in Moldova:

• A direct minimum €100,000 ($111,000) contribution to the country's Public Investment Fund

The avenue listed above shows the cost for a single applicant. For a couple, the contribution would be €115,000 ($128,000) and for a family of four the contribution would be €145,000 ($161,000). It is also important to note that additional pre-approval government processing fees can total $15,000 ($17,000). Furthermore, secondary post-approval fees of €35,000 ($39,000) per application will apply.

• Total minimum cost for a family of four: €195,000 ($216,000) toward the Public Investment Fund, including fees.

The process is estimated to take no more than three months from the initial submission of the application to receipt of the passport. Moldova allows dual citizenship and does not require you to renounce your previous citizenship. The Moldovan passport allows visa-free access to 120 countries and is ranked the 49th strongest passport in the world by the Henley Passport Index.

There are two different avenues for securing citizenship in Grenada:

• A direct minimum $150,000 contribution to the country's National Transformation Fund
• The purchase of approved real estate with a minimum value of $350,000

A $150,000 contribution to the National Transformation Fund covers the cost for a single applicant; a contribution of $200,000 covers the cost for a family of up to four, with each additional dependent incurring a cost of $25,000. A $350,000 real-estate investment covers the cost for a family of up to four members, with each additional dependent incurring a cost of $25,000. It is also important to note that additional government processing fees start at $8,000 and can total $70,000.

• Total minimum cost for a family of four choosing the most economical option: $222,000 toward the National Transformation Fund, including fees.

The process is estimated to take two months from the initial submission to approval of citizenship. You can then apply for a passport, which is typically issued within days of the request. Grenada allows dual citizenship and does not require you to renounce your previous citizenship. The passport allows visa-free access to 142 countries and is ranked the 35th strongest passport in the world by the Henley Passport Index.

There are two different avenues for securing citizenship in St. Kitts and Nevis:

• A direct minimum $150,000 contribution to the Sustainable Growth Fund
• The purchase of approved real estate with a minimum value of $200,000

A $150,000 contribution to the Sustainable Growth Fund covers the cost for a single applicant; A contribution of $195,000 covers the cost for a family of up to four, with each additional dependent incurring a cost of $10,000. A $200,000 real-estate investment covers the cost for a family, with each member incurring extra processing fees. It is important to note that additional government processing fees start at $7,500 but can surpass $19,500. There is also a post-approval fee for the real-estate track, which varies based on the number of dependents but starts at $35,050.

• Total minimum cost for a family of four choosing the most economical option: $214,500 toward the Sustainable Growth Fund, including fees.

The process is estimated to take two months from the initial submission of the application to receipt of passport. St. Kitts allows dual citizenship and does not require you to renounce your previous citizenship. The St. Kitts passport allows visa-free access to 154 countries and is ranked the 27th strongest passport in the world by the Henley Passport Index.

There are multiple avenues for securing citizenship in Turkey:

• The purchase of real estate with a minimum value of $250,000
• The deposit of a minimum $500,000 into a Turkish bank account
• A minimum $500,000 investment in government bonds
• A minimum $500,000 contribution to a real-estate investment fund share or a venture capital investment fund share
• The creation of jobs for at least 50 people

Each avenue listed above is the cost for primary applicant, their spouse, and any children under the age of 18.

• Total minimum cost for a family of four choosing the most economical option: $250,000 toward a real-estate purchase — the government's website lists no fees

The process is estimated to take two to three months from the initial submission of the application to receipt of the passport. Turkey allows dual citizenship and does not require you to renounce your previous citizenship. The Turkey passport allows visa-free access to 111 countries and is ranked the 55th strongest passport in the world by the Henley Passport Index.

There is only one avenue for securing citizenship in Malta and it includes three financial requirements:

• A direct €650,000 ($725,000) contribution to the development of Malta
• A property rental that amounts to €16,000 ($17,840) per year or the purchase of real estate with a minimum value of €350,000 ($390,000)
• A minimum €150,000 investment in government bonds

Each requirement listed above amounts to the cost for a single applicant. Any additional dependents increase the the contribution to the development of Malta by €25,000 ($28,000) per person. It will also increase additional government processing fees. For one person, it is important to note, those fees hover around €100,000 ($112,000).

• Total minimum cost for a family of any size: €1.3 million ($1.45 million)

The Maltese process is different in that it requires applicants to be residents of Malta for a full 12 months before being granted citizenship. The citizenship by investment application process, which can happen simultaneously, takes around eight months. All in all, the process, from submission of application to receipt of passport, takes somewhere between 12 and 18 months. Malta allows dual citizenship and does not require you to renounce your previous citizenship. The Malta passport allows visa-free access to 183 destinations and is ranked the 9th strongest passport in the world by the Henley Passport Index.

There are two requirements for securing citizenship in Cyprus:

• A direct minimum €75,000 ($84,000) donation to the Research and Innovation Fund
• A direct minimum €75,000 ($84,000) donation to the Cyprus Land Development Corporation

Then, in addition to those initial donations, applicants must choose one of the following options:

• The purchase of real estate with a minimum value of €2 million ($2.23 million)
• The purchase or creation of a business based in Cyprus with a minimum value of €2 million ($2.23 million)
• A minimum €2 million ($2.23 million) investment in the bonds, securities, and debt securities of businesses based in Cyprus
• Any combination of the above investments, as long as it totals a minimum of €2 million ($2.23 million)

Each avenue listed above is the cost for a primary applicant and all additional family members.

• Total minimum cost for a family of four choosing the most economical option: €2.15 million ($2.4 million)

The process is estimated to take six to eight months from the initial submission of the application to receipt of the passport. Cyprus allows dual citizenship and does not require you to renounce your previous citizenship. The Cyrus passport allows visa free access to 174 countries and is ranked the 16th strongest passport in the world by the Henley Passport Index.