Fastest Citizenships WITHOUT Investment in 2024

Summary

This video discusses strategies for obtaining a second citizenship quickly without investment. It highlights countries like Argentina, Peru, and the Dominican Republic, where residency for two years can lead to citizenship. Special mention is given to Argentina and Brazil for immediate citizenship through birth. The video also touches on lesser-known options like Paraguay and Armenia, and emphasizes the benefits of a second passport for tax reduction and freedom. It concludes with an invitation to join the Wealthy Expat Private Mastermind for further insights.

Takeaways

• 🌍 The fastest countries to obtain a second citizenship without investment include Argentina, Peru, and the Dominican Republic, each requiring two years of residency.
• 🇦🇷 In Argentina, citizenship can be obtained in two years, with potential improvements under Milei's administration, but it's important to consider the economic and safety situation.
• 🇵🇪 Peru offers a less known but valuable passport with citizenship possible in two years, and is renowned for its cuisine and tourist attractions like Machu Picchu.
• 🇩🇴 The Dominican Republic can grant citizenship in two years without investment, or faster through real estate investment, but it's considered less livable compared to Argentina and Peru.
• 👶 Citizenship can be expedited in Argentina and Brazil by having a child there, allowing the parents to claim citizenship shortly after the child's birth.
• 🏠 Paraguay is an option for those seeking a low-profile residency, with citizenship possible in three to seven years depending on the residency process.
• 🇧🇴 Bolivia, Honduras, and Paraguay are other options for citizenship in three years, though each comes with its own set of challenges and considerations.
• 🇲🇽 Mexico is recommended for its livability and can grant citizenship in two years, and is known for its diverse landscapes and cities.
• 🇨🇴 Colombia and Nicaragua are other options, with Colombia offering a solid passport and Nicaragua being less recommended due to safety and livability concerns.
• 🇦🇲 Armenia can provide citizenship in three years and is located in a region that might offer strategic benefits, though it has its own set of challenges.
• 🔒 Brazil and Panama are interesting options for those who wish to avoid extradition, with Brazil offering this benefit to native-born citizens and Panama being a desirable location for its passport and banking opportunities.

Q & A

What are some countries where one can obtain citizenship without investment by spending time in the country?

Argentina, Peru, and the Dominican Republic are countries where one can obtain citizenship within two years by residing there. Additionally, Bolivia, Honduras, and Paraguay offer citizenship after three years of residence.

How does the process of obtaining citizenship in Argentina differ for different nationalities?

In Argentina, some nationalities may face challenges in obtaining citizenship within two years. For instance, individuals from India, China, or Russia might experience delays, whereas those from the US, UK, or Spain are more likely to receive citizenship promptly.

What are the benefits of obtaining a Peruvian passport?

A Peruvian passport allows visa-free travel to over 130 countries and is part of the MERCOSAUR trade bloc. It is not associated with a negative reputation and is considered a good option for those seeking a less conspicuous second citizenship.

What is special about the Dominican Republic's citizenship by investment program?

The Dominican Republic offers citizenship within six months through a real estate investment. Without investment, one can obtain citizenship after living there for two years.

How does giving birth in certain countries expedite the process of obtaining citizenship?

In countries like Argentina, Brazil, Costa Rica, and El Salvador, if a child is born there, the parents can claim citizenship for themselves within a short period after the child's birth, often a matter of weeks.

What are the potential drawbacks of living in Honduras according to the transcript?

The transcript advises against living in Honduras due to high crime rates, suggesting that it is not a recommended place to reside unless it's in the Roatan Islands.

What are the advantages of obtaining citizenship in Paraguay?

Paraguay offers a path to citizenship ranging from three to seven years, depending on the individual's profile and method of obtaining residency. It is part of MERCOSAUR and offers a good passport, making it suitable for those seeking a low-profile residency.

Why is Mexico highlighted as a good option for obtaining citizenship?

Mexico is recommended for its rich culture, diverse landscapes, and cities. It offers a path to citizenship within two years and is known for being a great place to give birth, which can expedite the citizenship process.

What is unique about Brazil's citizenship in terms of legal protection?

Brazilian citizens are generally not extraditable to other countries, providing a unique legal protection. However, this typically applies to those who are native-born or have Brazilian parents.

Why might someone consider obtaining citizenship in Armenia despite its challenges?

Armenia can offer citizenship within three years of residency and might be considered by those who are interested in the region, despite its current war situation and the perceived unfriendliness of its people.

What is the Wealthy Expat Private Mastermind mentioned in the transcript?

The Wealthy Expat Private Mastermind is a free private group launched by the speaker, where individuals can ask questions about residency and citizenship programs, meet tax experts, and participate in weekly Q&A calls.