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D8 Visa Portugal: Your Gateway to Remote Work in Europe
UncategorizedD8 Visa Portugal: Your Gateway to Remote Work in Europe Portugal’s D8 Visa is a lifestyle upgrade for remote workers, freelancers, and digital nomads craving a European hub. Think affordable living (€2 coffees, €15 seafood feasts), reliable high-speed internet (for hitting deadlines between surf sessions), and a welcoming community.However, is this visa all golden beaches and tax perks? Not quite. While the D8 offers a path to residency and a lower cost of living, there’s fine print lurking behind the Instagram-worthy scenes.Let’s break down everything you need to know about Portugal’s D8 visa and find out if this is your perfect ticket to remote work bliss.What is the Portugal D8 Digital Nomad Visa?First things first, the Portugal Digital Nomad Visa allows freelancers and remote workers to live and work in Portugal. Unlike traditional visas that require a job with a local employer, this visa lets you earn income from your home country while enjoying life there. Talk about working with Portugal’s scenic beauty as your backdrop, all while maintaining your existing income sources.The D8 Visa is a long-term residency permit, initially valid for one year and renewable. After five years of residency, you can apply for permanent residency or citizenship. If you’re seeking new scenery, the D8 offers a coastal lifestyle with access to Lisbon’s vibrant cityscapes or Porto’s beachfront charm. You can swap your familiar surroundings for sunny coasts, historic towns, and a relaxed pace of life without giving up your career abroad.Who is Eligible for the D8 Visa?To apply, you must prove you can financially support yourself in Portugal. This means showing a stable monthly income from freelance or remote work.Minimum Income RequirementsThe minimum amount is four times the minimum wage in Portugal, which would amount to approximately €3,480 per month. This doesn’t mean that you have to stick to this figure. The more the numbers, the higher the chances of you getting the visa. Who Can Apply?The D8 Visa is designed for:Freelancers or self-employed individualsRemote employees with a foreign employerEntrepreneurs with online businessesYou must provide proof of work, such as employment contracts, client invoices, or business registration documents. As long as you have these documents, the process of securing a D8 visa will become easier.Health Insurance and Criminal Record ChecksApplicants must have private health insurance valid in Portugal until they qualify for the public healthcare system (SNS). You’ll also need a clean criminal record, confirmed by a police clearance certificate from your country of residence over the past five years.How to Apply for the D8 VisaNow that you understand the basics, let’s break down the application process to avoid hiccups.Documents You’ll NeedA valid passport (with at least six months remaining)Two passport-sized photos (4.5x3.5 cm)Proof of remote income (employment contracts, client invoices, tax returns)Recent bank statements showing consistent earningsPortuguese tax identification number (NIF)Private health insurance valid in PortugalA clean criminal record certificate from your country of residence (past five years)Proof of accommodation (rental agreement, property deed, or hotel booking)A motivation letter (in English) explaining your reasons for moving to PortugalApplication StepsVisit the Embassy/Consulate: Collect the D8 visa application form from your nearest Portuguese consulate or embassy.Complete the Form: Fill in all details accurately and book an appointment.Submit Documents: Hand in the form and required documents and pay the application fee (typically under €200).Interview (if required): Be prepared to discuss your remote work setup, income sources, and reasons for choosing Portugal. Highlighting ties to Portugal (language study, cultural interests) can strengthen your case.Processing TimelineIt typically takes 2-3 months for the entire thing to be processed and for your passport to get delivered with the visa stamped on it. The Portuguese consulate gets about 90 days to decide whether they are going to grant you the visa or not. If you get the green light, you get to stay in Portugal for 120 days.During your 120 days of stay, you can apply for permanent residency, which again takes about 90 days to be issued. Moreover, work permits are typically finalized by SEF within 60 days of applying.Once your residency is approved, you’re free to enjoy Portugal’s coastal lifestyle, historic cities, and laid-back pace while continuing your remote career. Pack your bags, and get ready to turn your European workation dream into reality.Can You Bring Your Family on the D8 Visa?Yes! The D8 Visa allows you to bring family members, provided you can financially support them. Here are three things you must keep in mind:Family Reunification RulesTo qualify, your income or savings must exceed the base requirement. For a spouse or legal partner, you’ll need to show an additional 50% of the €3,480 monthly minimum. For each child or dependent (under 18), add 25% per child. Adult children over 18 may qualify if they’re unmarried, financially dependent (such as students), or have disabilities. Approved family members gain access to Portugal’s public healthcare and education systems.Required DocumentationYou’ll need to submit documents proving your relationship to family members, such as marriage or birth certificates. Updated financial statements must reflect the increased income or savings required to support dependents. Health insurance covering all family members for their stay in Portugal is also mandatory.Costs and TaxesBefore applying for Portugal’s D8 Visa, consider both the costs and tax implications. The visa application fee is €90, paid when submitting documents at a Portuguese consulate. If approved, you’ll pay €158 for your residence permit card. Private health insurance is mandatory until you qualify for Portugal’s public healthcare system (SNS), and it costs €300–600 annually.You’ll also need a Portuguese taxpayer number (NIF), which costs €10–15 and is required for tasks like opening a bank account. Moreover, legal fees for hiring an immigration lawyer range from €500–2,000, depending on the services needed. There are also miscellaneous expenses, such as document translations or notarizations, which vary by case. More on taxes below.Portugal’s Tax Rules for Digital NomadsIf you spend over 183 days/year in Portugal, you become a tax resident. This means your global income (including foreign earnings) may be taxable. While the NHR tax regime ended in 2024, its replacement, which is the Incentivised Fiscal Regime for Scientific Research and Innovation (IFICI), is great for researchers, innovators, and higher education pros.If eligible, you could get:20% flat tax on Portuguese employment/freelance income.Foreign income exemptions (varies by tax treaties).Zero wealth tax so that Portugal remains attractive for remote workers and entrepreneurs.Social Security ContributionsFreelancers registered in Portugal must pay social security (Segurança Social) contributions, typically 21.4% of declared income. Partial exemptions may apply during your first year.VAT for Freelancers/Business OwnersExempt from charging VAT if annual earnings are under €13,500.23% VAT applies to services if earnings exceed this threshold, requiring regular VAT filings.While Portugal offers tax benefits for new residents, consult a tax advisor to understand how residency may affect your obligations, especially if earning income abroad.Living in Portugal as a Digital NomadLiving in Portugal as a digital nomad means that you get to choose from an attractive list of places, including the highly commercial capital, Lisbon, and not-so-touristy areas such as the Algarve. Here are the most preferred cities for digital nomads and the cost breakdown to help you navigate the Portugal landscape and assist you in choosing the best option.Top Cities for Digital NomadsLisbonLisbon is by far the largest city and hotspot for digital nomads. It thrives on both the day and the night. During the day, you’ll see people hustling hard, making the most of the startup ecosystem around the place. At night, you’ll watch the same people party hard, as the nightlife of this city is famed all over Europe.The mild, sunny climate (a welcome escape from northern Europe’s harsh winters) adds to its appeal. Moreover, you get a well-connected transportation system that makes it easy to get around. It’s also home to some of the most fantastic co-working spaces where you’ll meet people from all walks of life.PortoPortugal’s second-largest city offers a slower pace without sacrificing culture. It has some of the most stunning views of the river and has a thriving tech community. Coworking spaces like Porto i/o are great for creatives and entrepreneurs, while affordable rents (compared to Lisbon) make it a budget-friendly choice.MadeiraIf you’re a water child, you simply wouldn’t want to miss Madeira. It’s an archipelago comprising four islands. People who love the vibes of an island will find their dreams come true here. Imagine speaking with your clients while drinking in the beauty of an ocean.The government has been actively trying to encourage people to work from here, so you’ll find an excellent community, lots of coworking spaces, and even get to enjoy networking events. What more could you ask for as a digital nomad?Cost of Living BreakdownPortugal remains one of the most affordable Western European countries that offers a high quality of life at a reasonable cost. Here’s a breakdown of estimated monthly expenses:AccommodationLisbon: €1,200+ for a 1-bedroom apartment in the city center, €900+ in suburban areasPorto: €900+ for a 1-bedroom apartment in the city center, €700+ in suburban areasMadeira: €800+ for a 1-bedroom apartment, with options for co-living spaces for lower costsUtilities & InternetElectricity, Water, Heating: €100-€150 per monthHigh-speed Internet: €30-€50 per monthMobile Plan: €15-€30 per monthFood & DiningGroceries (Per Person): €200-€400 per monthEating Out (Budget Meal): €10-€15 per mealMid-range Restaurant for two: €35-€50Coffee in a Café: €1-€3TransportationMonthly Public Transport Pass (Lisbon & Porto): €40-€50Taxi or Ride-sharing (Per KM): €0.50-€1Car Rental: €300-€600 per monthLifestyle & LeisureGym Membership: €30-€50 per monthCinema Ticket: €7-€12Weekend Getaway (Domestic Travel): €100-€250Local Communities and Coworking SpacesOne of the best aspects of living in Portugal as a digital nomad is the thriving community. From Lisbon’s Tech Hub to Porto’s creative scene and Madeira’s remote work retreats, there are countless networking events, meetups, and professional communities to connect with other nomads. Some of the best coworking spaces across Portugal include:Lisbon: Second Home Lisbon, Heden, Impact HubPorto: Porto i/o, Typographia, WOW CoworkingMadeira: Cowork Funchal, Digital Nomad Village (Ponta do Sol)Overall, beyond affordability, Portugal’s blend of culture, safety, and welcoming locals creates an unmatched quality of life. It continues to solidify itself as one of the best destinations for remote workers worldwide.Considering a Long-Term Move to Portugal? Explore the Golden Visa with BitizenshipWhile the D8 Visa is ideal for remote workers, Portugal’s Golden Visa program offers an attractive pathway for those looking to invest and settle long-term. You get added benefits like visa-free travel across the Schengen Area and a route to EU citizenship.At Bitizenship, we specialize exclusively in Portugal’s Golden Visa and provide end-to-end support for it, including:Document Prep: Prepare your documents to meet all legal requirements.Application Support: Submit your application, book embassy appointments, and handle follow-ups.Tax & Residency Advice: Help you maximize financial benefits while settling in Portugal.Relocation Assistance: Ongoing support to make your transition to Portugal smooth.We let you focus on planning your European move while we manage the paperwork to turn your Portugal dream into reality. Invest in Portugal Golden Visa today.Closing ThoughtsPortugal’s D8 Visa gives digital nomads a fresh start in a vibrant new home. You trade your usual office routines for mesmerizing ocean views at an affordable cost. And with Bitizenship handling the visa process smoothly, there’s nothing holding you back. Ready to make the move? Contact us today and begin your Portuguese adventure.FAQsWhat is the Minimum Income for D8 Visa Portugal?You need at least €3,480 per month to qualify, though having a higher income strengthens your application.What is the D8 Visa for Portugal 2025?The D8 Visa is Portugal’s digital nomad visa, allowing remote workers to live in Portugal while earning from foreign sources.What is a Portugal Type D Visa?A Type D Visa is a long-term residency visa for Portugal, covering categories like work, study, and digital nomad visas.How Long Does it Take to Get a D8 Visa for Portugal?Processing times can typically range from 2-3 months after you submit all the required documents and pay the necessary fees.

11 MIN READ

24 Jul 2025

Easiest Digital Nomad Visa: Work and Travel Without Hassle
UncategorizedEasiest Digital Nomad Visa: Work and Travel Without Hassle For the enrichment of culture and, of course, economic benefits, countries now offer what is called a digital nomad visa to those with a remote job and a sense of wonder and adventure. But here’s the catch: many of them are buried in hidden fees or “gotcha” requirements.That’s why we’ve carefully compiled a list of the top 20 countries that offer a digital nomad visa, a logical step for those who dream of living in another country. Let’s find out which is the easiest digital nomad visa you can apply for.What is a Digital Nomad Visa?A digital nomad visa is a special type of visa built for remote workers that allows them to legally live and work in another country for an extended period without breaking immigration laws.  This visa is offered to those who make a living earning money via a remote job, have investments, are freelancing, or run a business outside the host country.It’s important to keep in mind that it does not allow you to take up local employment, so you must earn your income from abroad. Every country is unique with different sets of rules when it comes to these types of visas, but the overall process, on a fundamental level, is similar and looks like this:You must show all the required documents and prove that you work remotely for a foreign employer, own a business in another country, or are a freelancer.You must prove that you have a steady and stable source of income and can support yourself. Income requirements vary from country to country. However, generally, they aren’t particularly high, with many countries requiring about $50,000 per year.Once all documents are submitted, including proof of employment, bank statements, and health insurance, you must then pay the visa fee.This is, in full disclosure, extremely generalized. So, before applying for a digital nomad visa for a country, it’s best to read up on them specifically to understand all the nuances and little details.Benefits for Remote WorkersGetting a digital nomad visa has the obvious benefit of escaping the 9-to-5 grind and exploring the world without leaving your job behind. It also comes packed with a bunch of other benefits for remote workers, such as:You can stay six months to a few years without worrying about overstaying. This gives you the opportunity to explore cultures deeply without visa troubles hovering over you.With a digital nomad visa, you’re on the right side of the law and free from the risk of fines or deportation.Some countries offer tax breaks or even low/zero income tax for digital nomads, meaning more cash in your pocket. Places like Dubai and Barbados are known for these perks.Depending on which country you decide to go to, you can massively lower your living costs, especially when coming from the West. This indirectly allows you to enjoy a more lavish lifestyle in a new country with more savings on the same salary.These visas often allow you to open local bank accounts, sign up for long-term rental agreements, and even access health services.In some cases, these visas can lead to permanent residency down the road, so it gives you a more stable home base abroad. However, this isn’t guaranteed, nor should digital nomad visas be used for that purpose.What Makes a Digital Nomad Visa Easy to Get?Everyone who has ever seen work visa applications before understands that they are far from easy or convenient. From dealing with bureaucracy to attending appointments, the process is long and tedious.Digital nomad visas, on the other hand, defy this and make obtaining one as simple as possible. Besides having low-income requirements, here’s a list of reasons why a digital nomad visa is easier to obtain:Minimal Paperwork & Simple Application ProcessPaperwork isn’t particularly difficult, but it’s tedious and time-consuming. This slows the process down. The fewer documents required, the easier the process becomes. Many countries only ask for proof of income, remote work verification, health insurance, and a clean criminal record for digital nomad visas. Some countries, like Estonia, even allow online applications for added convenience.No Sponsorship or Job Offer RequiredFor traditional work permits, applicants need a company to sponsor them. Here, you merely need to prove you’re making money remotely. If that amount meets the requirement, your application can be processed.No Strict Education or Experience RequirementsThere are no requirements for educational qualifications or years of experience within a specific industry. Digital nomad visas do not take these factors into account. As long as you’re earning remotely and meet the basic requirements, you’re good to go.Moreover, the visa approval process is fairly straightforward and takes less time than a traditional work visa.Easiest Countries Offering Digital Nomad VisasEvery country has its own set of rules and nuances when it comes to offering digital nomad visas, so it’s best to research the specific country you hope to visit. To make it easier, here’s a list of countries with the easiest processes and high selection rates. Some even offer unique perks.AnguillaThis British Overseas Territory in the Eastern Caribbean has a fairly straightforward process with minimal paperwork. Its digital nomad visa, the Work From Anguilla Certificate, has an application process that takes around 15 days.However, the visa cost is on the higher side, which is $2,000 for a one-year validity, after which you'd need to reapply. Families are welcome, and a minimum monthly income of about $4,160 is required.PortugalPortugal’s digital nomad visa is an extremely tempting proposition for remote workers. The simple online application process makes it easy to apply. The visa is valid for a year, with plenty of options for renewal. You must have a monthly income of around €2,800-€3,000.Also, Portugal's Golden Visa program is available for investors, requiring a minimum investment of €500,000 (or an alternative qualifying investment). While more resource-intensive, it offers a pathway to EU residency with low physical presence requirements.Antigua and BarbudaIf you’re looking for a longer stay from the outset, the Caribbean islands of Antigua and Barbuda offer you the chance to live there for up to two years with no local sponsorship requirements. The process requires minimal documents and allows online applications.The application fee is $1,500, and you will receive an update within 5–7 business days. The minimum income requirement is $50,000 per year.BarbadosThe Barbados Welcome Stamp is a special visa program introduced in 2020 to attract digital nomads to call this Caribbean island their new temporary home for 12 months, with the potential for renewal. The application cost is $2,000, with a higher price for family bundles.BermudaBermuda welcomes remote workers and university students attending online classes to live on the island for one year through its digital nomad visa program, which is renewable on a case-by-case basis. There is no set minimum income requirement, but you must provide bank statements to prove you can support yourself. Family inclusion is also possible.Cape VerdeIf you wish to live in an island paradise, Cape Verde’s Remote Working program makes it possible.Valid for 6–12 monthsNo complicated income requirementsJust show proof of €1,500/month in your bank accountThe best part is that you can apply online. Once it’s approved, you’ll have 30 days to land in Cape Verde and submit your documents. And to make it even better, your visa gets issued within 5 days of arrival, and you can bring your family along.ColombiaColombia’s Visa V Digital Nomads program aims to make the country highly appealing for remote workers. You can expect an answer within 30 days of submission, and the minimum monthly income requirement is only $1,100.Costa RicaCosta Rica’s “Pura Vida” philosophy makes it a popular choice for digital nomads. The country offers a visa option that allows you to live tax-free for up to two years. You will receive a response within 14 days after all necessary documents are provided.Curaçao@Home in Curaçao is a program designed for travelers, investors, and remote workers seeking a temporary home away from home. This digital nomad visa is valid for 6 to 12 months and has a fast processing time of about 30 days, with fees of only around $300.You must prove a steady income of approximately $2,500 per month, making it an attractive option for professionals who wish to relocate with their families.DominicaDominica’s WIN (Work In Nature) Program has quickly become popular among digital nomads in the Eastern Caribbean. This English-speaking island offers a visa that allows nomads to reside on the island for up to 18 months.The application process is efficient, typically taking between 14 and 28 days. To qualify, you need to show a minimum annual income of $50,000.The visa fee is set at $800 for individuals and $1,200 for families, and the required documents include a passport copy, proof of international health insurance covering Dominica, and evidence of remote work and income verification in English.Everything is submitted online, but applicants must visit Dominica within 30 days of visa approval.Dubai (UAE)Entering the UAE through its Virtual Working Program always seemed to be on the pricier side, but it has relaxed its requirements. It now offers a one-year residency for remote workers earning at least $3,500 per month.Applying is easy and completely online, and the processing time is merely seven days. A major seller for Dubai’s digital nomad visa is the perks it comes with, like schooling for local children, the ability to open bank accounts, and even the option to apply for loans. This has made it a very practical option for remote workers who have a family.GrenadaGrenada is a solid option if you’re thinking about relocating to the Caribbean. English is their official language, and there are no local income tax requirements, making it super remote worker-friendly. The only catch? You’ll need to apply the old-school way. That means mailing a physical package with your documents and a fee, which is $1,500 for individuals or $2,000 for families. It must be sent directly to the Grenadian Embassy in Washington, D.C. Once that’s done, you’re one step closer to enjoying tax-free island life.HungaryHungary’s digital nomad visa is one of the easiest to apply for in Europe, with low-income requirements, minimal paperwork, and a validity of up to one year. However, the main drawback is that you must attend an in-person interview and appointment. If that’s not a dealbreaker, the process is fairly simple, with approvals typically taking about a month.MalaysiaMalaysia’s digital nomad visa, known as the Professional Visit Pass, allows you to stay in the country for up to 12 months, with the option to renew for another year. Processing time is around 30 days, and the application fee is relatively low at $220 per person, with an additional $110 for dependents.However, the visa is only available to those working in digital industries, such as content creators, IT professionals, and digital marketers.MaltaMalta offers a one-year digital nomad visa, which can be extended up to three years. The visa fee is relatively low, and you must demonstrate a minimum monthly income of approximately €2,700.Additionally, Malta has a separate Golden Visa program for investors, which requires an investment of around €500,000 and offers a pathway to long-term EU residency and eventual citizenship.MauritiusMauritius has one of the easiest digital nomad visas in the world, as applications are free and approvals are typically granted within two days. You must show proof of remote income, usually requiring between $1,500 and $2,000 per month. You can also include family members in your application.All the necessary documents must be submitted in English or French.NamibiaNamibia’s digital nomad visa allows you to live in the country for six to twelve months. The application process is fully online, and the fee is only $62. However, you must prove a monthly income of at least $2,000.UruguayUruguay offers a fully online application process with a visa fee of just $10 upon collection. The country has no stated income requirements, making it accessible to a wide range of digital nomads.The cost of living is also reasonable, as a single person can live comfortably on $1,500 per month. With no local income tax and a business-friendly environment, this country is an attractive option for remote workers.AlbaniaAlbania introduced its digital nomad visa in 2022, offering an initial one-year stay, extendable up to five years. There’s no official minimum income requirement, but it’s recommended that you earn more than the country’s minimum wage to improve your approval chances. Visa costs range from $67 to $107.CroatiaCroatia’s digital nomad visa takes around two months to process and costs $139. You must show proof of a monthly income of $2,658. However, the visa is not renewable, so if you’re looking for long-term stays, it’d be better to consider other options.How Bitizenship Makes Your Digital Nomad Life in Portugal EasierIf living in Europe is your goal, and you’re a crypto-first investor or remote entrepreneur seeking something more permanent than a digital nomad visa, Portugal’s Golden Visa is a powerful alternative.It gives you long-term freedom to live, work, and invest in Europe without constantly renewing your visa. And the cherry on top? Bitizenship makes the entire journey super smooth.We help you skip the paperwork and legal headaches so you can focus on growing your business and living your best life. Here’s precisely how we make the entire process simpler:Expert Guidance: Having over a decade of experience and 110+ successful visa applications, it only makes sense for us to walk you through every step, including choosing the right investment and handling the paperwork.Done-For-You Service: We collaborate with top lawyers and tax experts in Portugal so you don’t waste time figuring things out on your own.Family-Friendly: The Portugal Golden Visa allows you to include your spouse and children, giving your whole family a secure path forward.Long-Term Benefits: While most digital nomad visas expire in a year or two, the Golden Visa can lead to permanent residency and even citizenship in the EU.Bitizenship is your shortcut to making your digital nomad lifestyle official, minus the stress. Less hassle. More adventure. Get in touch to Invest in Portugal Golden Visa today.Closing ThoughtsDigital nomad visas open up a world of opportunity by offering a legal and straightforward way to transform your lifestyle. A tip to keep in mind is to master your destination’s fine print. Think about income thresholds, residency rules, and tax implications before applying.With the support of a platform like Bitizenship, you can sidestep bureaucratic headaches, fast-track visa approvals, and even unlock smart tax strategies.FAQsWhat is the easiest country to be a digital nomad in?The easiest country for a digital nomad depends on visa requirements, ease and cost of applications, and overall cost of living. Considering these factors, Portugal, Albania, Costa Rica, Cape Verde, and Colombia offer simple digital nomad visa processes with reasonable income requirements and fast approvals.What is the easiest nomad visa to get?An easy nomad visa would have minimal paperwork, low or no income requirements, and a simple, fast, and online application process. Some of the easiest to obtain include those from Mauritius, Albania, Colombia, and Cape Verde.What is the fastest digital nomad visa to get?In terms of processing time, Dubai, Bermuda, and Barbados are among the fastest, with approvals typically taking less than a month. Dubai stands out, with approvals usually granted within 2–3 weeks.What is the lowest-income requirement digital nomad visa?Albania and Colombia have some of the lowest income requirements, at $815 per month and $750 per month, respectively.

14 MIN READ

24 Jul 2025

Cheapest Citizenship by Investment – Get a Second Passport
UncategorizedCheapest Citizenship by Investment – Get a Second Passport Have you ever felt envy for people who have dual citizenship? Besides being a practical tool for freedom of travel, financial flexibility, and personal security, getting a second passport isn’t as hard as it used to be.With the cheapest citizenship by investment programs starting at $130,000, obtaining a second nationality is now within reach for more people than ever. However, the cheapest doesn’t equal the best. By investing $200,000 for citizenship in some Caribbean countries, you can enjoy both beautiful beaches and better benefits like Visa-free travel to more than 140 countries. It’s up to you to decide what you value more. Besides visa-free access to over 140 countries, these programs also offer tax advantages and the freedom to live, work, or retire abroad.For those looking into what are the cheapest citizenship to buy, Caribbean nations like Dominica and Saint Lucia provide fast, affordable routes with no global income tax. Meanwhile, countries in Europe and beyond continue expanding their residency and citizenship programs, making citizenship by investment the cheapest route to access many benefits.With over 20 nations now offering these, the opportunities are growing. If you want easier travel, better business prospects, or a long-term backup plan, finding the cheapest citizenship by investment is a smart move.What is Citizenship by Investment?At its core, citizenship by investment (CBI) is a legal mechanism that allows people to obtain a second citizenship by contributing economically to a host country. In other words, instead of acquiring citizenship through ancestry, marriage, or long-term residence, you gain it through a qualifying investment, often in real estate, a national development fund, government bonds, or even business development.This isn’t a loophole or workaround. It’s a legitimate policy adopted by more than 20 countries worldwide, many of which are small or emerging economies looking to attract foreign capital. In return, these countries offer one of the most powerful tools available to global citizens: a second passport.For example, someone investing $200,000 in Dominica’s Economic Diversification Fund can receive full citizenship for themselves and their family within three to four months. This includes the right to live and work in Dominica, access to over 140 visa-free travel destinations, and the ability to pass citizenship on to future generations.How Citizenship by Investment WorksEvery country structures its program differently, but most follow a similar process:Choose your investment routeThis could be a non-refundable donation to a government fund, the purchase of approved real estate, or investment in a local business or bonds.Submit your applicationWith support from a government-approved agent or legal firm, applicants provide background documents, proof of funds, and personal identification.Undergo due diligenceCountries run security and background checks to ensure applicants are reputable, law-abiding individuals.Receive approval Once cleared, you make your investment.Obtain citizenshipYou receive your passport and citizenship certificate usually within 2–6 months, depending on the country.While some countries offer a direct path to full citizenship, others, like Portugal, offer a residency route that can lead to citizenship after several years. These are sometimes called “citizenship-by-residency” programs and are particularly popular in Europe.Who Is Citizenship by Investment For?These programs were originally popular with investors, business owners, and families who moved around frequently. However, the appeal is expanding. More remote workers, digital nomads, and people from countries facing political or economic challenges are now turning to citizenship by investment as a way to secure a more stable and flexible future. For example, a crypto investor from Argentina might find Saint Lucia's citizenship by investment route appealing, allowing them to bypass capital controls and gain visa-free access to over 140 countries. Similarly, a family from South Africa might look into the Portuguese Golden Visa to gain access to European healthcare and education, all while working toward EU citizenship in just five years.Types of Investments for Obtaining a Second CitizenshipWhen applying for citizenship by investment, you’ll typically have several options to choose from. Each country has its own rules and minimum investment thresholds, but these are the most common types:Government donationsMany countries offer a fast-track citizenship route through a non-refundable contribution to a government fund. This is the simplest option, requiring no ongoing management, but you don’t get a return on your investment. For example, Antigua and Barbuda’s National Development Fund allows applicants to secure citizenship with a donation starting at $230,000.Real estate investmentBuying property is one of the most popular ways to obtain a second passport. Many Caribbean nations offer citizenship or residency in exchange for real estate purchases above a certain value. This route allows investors to potentially earn rental income while securing their status. However, some programs require you to hold the property for several years before selling.Business and job creationSome countries grant citizenship to those who invest in or start businesses that create jobs for locals. This is common in programs like Malta’s, where applicants must contribute to the economy through business activity. While this option can offer strong financial returns, it also comes with risks, as your eligibility depends on business success and compliance with local laws.Investment in government-approved fundsInstead of directly purchasing assets, some programs allow investments in approved venture capital or private equity funds. Portugal’s Golden Visa, for example, has an option where applicants invest at least €500,000 into eligible investment funds, typically focused on industries like technology, healthcare, or energy. These funds are managed by professionals, reducing the burden of actively overseeing an investment.Bonds and securitiesCertain countries, such as St. Lucia, offer citizenship in exchange for investing in government bonds. These bonds are typically low-risk, but they require a significant upfront investment and must be held for a specified period before they can be redeemed.Benefits of Obtaining Citizenship by InvestmentLet’s say you decide to invest in one of the cheapest citizenship by investment programs from our list.What would that mean for you?Visa-Free TravelOne of the most immediate and tangible benefits of a second passport is visa-free or visa-on-arrival access to more countries. For example, a passport from Dominica or Saint Lucia provides access to over 140 countries, including the Schengen Area, Hong Kong, Singapore, and the UK. With one of the cheapest citizenships to buy, you can bypass embassy interviews, visa fees, and administrative delays when planning business trips or family vacations.Tax OptimizationMany countries that offer the cheapest citizenship by investment options also happen to be tax-friendly jurisdictions. Caribbean nations like Antigua and Barbuda, Grenada, and Dominica impose no taxes on foreign-sourced income, capital gains, inheritance, or wealth. This is ideal for investors, crypto holders, or entrepreneurs with global income streams who want to reduce their overall tax burden legally.In contrast, countries like Portugal offer favorable tax regimes such as the IFICI program. The program allows qualifying applicants who work in research, innovation, and technology to benefit from reduced income tax rates (just 20%). It also allows tax exemptions on certain foreign income if qualifying conditions are met, making it one of the best hybrid models in Europe for those looking for both lifestyle and tax efficiency.Security and StabilityFor people living in countries where political or economic conditions are unpredictable, securing a second citizenship offers valuable peace of mind. Consider someone in Argentina, where economic instability and inflation are a constant concern. By acquiring citizenship through investment in a stable country, they gain security for themselves and their family. This means they don’t have to worry about the financial collapse or political turmoil back home and can rest easy knowing they have options if things take a turn for the worse.Generational BenefitsOne of the biggest benefits of citizenship by investment programs is that they’re often passed down to future generations. This means your children can enjoy the same benefits, like the ability to live and work freely in other countries. This means your family won't need to go through the process again or spend more money. It’s a lasting opportunity for them to enjoy the freedom and options that come with it. Business Expansion and Banking AccessWith a second passport, especially one from a country with strong diplomatic ties, it becomes much easier to open international bank accounts, register offshore companies, and expand your business.Grenada, for instance, is one of the few countries with both the cheapest citizenship by investment program and access to the U.S. E-2 Visa treaty. This allows citizens to invest in and live in the United States, making Grenada an incredibly strategic option for entrepreneurs with U.S. ambitions.7 Cheapest Citizenship by Investment Programs in 2025VanuatuVanuatu is a Pacific Island nation offering natural beauty, friendly locals, and one of the world’s fastest citizenship by investment programs. For those who want a second passport in record time, Vanuatu is the way to go.With a donation of $130,000 to the Development Support Program, applicants can receive a passport in as little as 30-60 days; no residency or language requirements are involved. While its passport doesn’t offer as much access as the Caribbean options, it’s still strong, and the zero-tax policy is attractive for wealth preservation.Vanuatu Citizenship by Investment - Key DetailsInformationDetailsInvestment RequiredFrom $130,000 for a single applicant and up to 180,000 for a family with two children.Visa-free TravelVanuatu citizens have visa-free or visa-on-arrival access to 90 countries and territories, including Singapore, Russia, and Malaysia.Processing TimeThe application process typically takes about 45 days.Residency RequirementThere is no residency requirement for applicants.Tax BenefitsVanuatu offers favorable tax policies, including no personal income tax, no corporate tax, no wealth tax, and no inheritance tax.Family InclusionThe program allows the inclusion of spouses and children.Passport RankingThe Vanuatu passport is ranked 49th globally in terms of travel freedom.Dual CitizenshipVanuatu recognizes dual citizenship, allowing individuals to retain their original nationality.DominicaDominica is a lush, mountainous island nation in the Caribbean, known for its natural beauty, eco-tourism, and commitment to sustainability. It offers one of the most reputable and cheapest citizenship by investment programs, in operation since 1993.With a minimum donation of $200,000 to the Economic Diversification Fund, applicants can secure citizenship in as little as three months. There are no residency or interview requirements, and the process is highly efficient.Investors gain visa-free access to over 140 countries, including the EU, much of South America, and Brazil.Dominica Citizenship by Investment - Key DetailsInformationDetailsInvestment RequiredFrom $200,000 for contribution to Economic Diversification Fund (EDF) for a single applicant or $200,000 investment in approved real estate projects, plus government fees.Visa-free TravelDominica citizens have visa-free or visa-on-arrival access to 145 countries and territories, including Singapore, Hong Kong, Russia, Brazil, and South Korea.Processing TimeThe application process typically takes approximately 3 to 6 months from submission to approval.Residency RequirementThere is no mandatory residency requirement for applicants.Tax BenefitsDominica offers favorable tax policies, including no wealth, gift, inheritance, foreign income, or capital gains tax.Family InclusionThe program allows the inclusion of the spouse, dependent children under 30, and dependent parents or grandparents over 55 years old.Passport RankingDominica's passport is ranked 27th globally in terms of travel freedom.Dual CitizenshipDominica recognizes dual citizenship, allowing individuals to retain their original nationality while enjoying the benefits of Dominican citizenship.Antigua and BarbudaAntigua and Barbuda is a twin-island paradise in the Eastern Caribbean that has beautiful beaches, clear waters, and a relaxed atmosphere. With English as the main language, it appeals to retirees, business owners, and remote workers.Antigua and Barbuda offer one of the cheapest citizenship by investment programs in the world. Starting at just $230,000 for a single applicant via a donation to the National Development Fund, the process is fast, straightforward, and doesn’t require physical residency.Investors gain visa-free or visa-on-arrival access to over 150 countries, including the EU Schengen Area, the UK, Singapore, and Hong Kong.Antigua also allows dependents and even parents and siblings to be added to the application at a relatively low additional cost. With no personal income, capital gains, or inheritance taxes, it’s also a smart choice for wealth protection.Antigua and Barbuda Citizenship by Investment - Key DetailsInformationDetailsInvestment RequiredFrom $230,000 in donations to the  National Development Fund (NDF) or $400,000 minimum investment in real estate.Visa-free TravelAntigua and Barbuda citizens have visa-free or visa-on-arrival access to 151 countries, including Singapore, the United Kingdom, and Russia.Processing TimeCitizenship can be processed in approximately 3-4 months.Residency RequirementApplicants must maintain residency in Antigua and Barbuda for at least 5 days during the first five years of citizenship.Tax BenefitsAntigua and Barbuda have no inheritance tax, wealth tax, gift tax, or capital gains tax.Family InclusionIncludes spouse, children under 30, dependent parents, and grandparents.Passport RankingThe Antigua and Barbuda passport is ranked 20th globally in terms of travel freedom.Dual CitizenshipDual citizenship is permitted.Saint LuciaSaint Lucia is a Caribbean island country with volcanic peaks, white-sand beaches, and lush greenery as far as the eye can see. Entrepreneurs, remote workers, and retirees alike are drawn to the island’s relaxed atmosphere and growing economy.Its CBI program, introduced in 2016, is one of the newest and most flexible in the region, making it a top pick among those seeking the cheapest citizenship to buy.Applicants can invest through a government donation, real estate, or government bonds. With visa-free access to over 140 countries and zero tax on worldwide income, Saint Lucia has excellent value, especially for people wanting minimal commitment, as no visitation is required during the application process.Saint Lucia Citizenship by Investment - Key DetailsInformationDetailsInvestment RequiredFrom $240,000 for the main applicant and up to three qualifying dependents for a donation to National Economic Fund (NEF), or $300,000 in real estate investments.Visa-free TravelVisa-free or visa-on-arrival access to over 140 countries, including the UK, Schengen Area, Hong Kong, and Singapore.Processing TimeApproximately 4 to 8 months, including passport issuance.Residency RequirementNo mandatory physical residency or visitation is required during or after the application process.Tax BenefitsNo personal income tax, inheritance tax, or capital gains tax.Family InclusionSpouse, dependent children under 31, parents aged 55 and over, and unmarried siblings under 18 can be included in the application.Passport RankingSaint Lucia's passport is ranked 23rd globally in terms of travel freedom.Dual CitizenshipDual citizenship is permitted; applicants are not required to renounce their current citizenship.Saint Kitts and NevisSaint Kitts and Nevis has everything from quiet beaches to lush rainforests. Beautiful beaches, many exploration opportunities, along with a welcoming community, make it a great choice for those looking to enjoy a slower pace of life while still holding a strong passport.Saint Kitts and Nevis is the pioneer of citizenship by investment, launching the world’s first official program in 1984. The islands have one of the most globally recognized CBI passports, which is why they’re especially attractive to investors who want visa-free access to countries worldwide. Saint Kitts and Nevis Citizenship by Investment - Key DetailsInformationDetailsInvestment RequiredFrom $250,000 in donations to Sustainable Island State Contribution (SISC) or from $325,000 to $600,000 in real estate investments.Visa-free TravelVisa-free or visa-on-arrival access to 156 countries and territories, including the UK, Europe, Hong Kong, and Singapore.Processing TimeTypically within 4-6 months.Residency RequirementNo physical residency requirement.Tax BenefitsNo personal income tax, inheritance tax, or capital gains tax.Family InclusionCan include spouse, children, and other dependents.Passport RankingSt. Kitts and Nevis passport is ranked 17th globally in terms of travel freedom.Dual CitizenshipDual citizenship is permitted.GrenadaGrenada is a quiet Caribbean island with clear waters, beaches, and a warm climate. It’s known for its spice production, particularly nutmeg, often called “The Spice Island.”Grenada stands out among Caribbean nations for its access to the U.S. E-2 investor visa treaty. This means that, unlike most CBI countries, Grenadian citizens can apply for a U.S. visa to start and run a business.Citizenship is available through a $235,000 donation or a $350,000 real estate investment.Grenada Citizenship by Investment - Key DetailsInformationDetailsInvestment RequiredFrom $235,000 in donations to the National Transformation Fund (NTF) or from $350,000 in real estate investments.Visa-free TravelVisa-free or visa-on-arrival access to over 140 countries and territories, including the UK, Europe, and most of the Caribbean.Processing TimeTypically 3 to 4 months.Residency RequirementNo physical residency requirement.Tax BenefitsNo capital gains, inheritance, or personal income tax.Family InclusionSpouse, children, parents, and siblings can be included.Passport RankingThe Grenada passport is ranked 24th globally in terms of travel freedom.Dual CitizenshipPermitted applicants do not need to renounce their current citizenship.TurkeyTurkey bridges Europe and Asia geographically and economically, making it a go-to destination for entrepreneurs and investors from all around the world. Istanbul’s real estate market, unique culture, and large domestic economy are just some of the perks.With a real estate investment of $400,000, you can secure Turkish citizenship in under six months. The Turkish passport offers access to 110+ countries, including Japan and South Korea, but doesn’t yet include the Schengen Area.Turkey Citizenship by Investment - Key DetailsInformationDetailsInvestment RequiredFrom $400,000 in real estate, with a 3-year holding requirement, or an investment of $500,000 in a Turkish business or enterprise.Visa-free TravelVisa-free or visa-on-arrival access to over 100 countries, including Japan, South Korea, and many in Europe.Processing TimeTypically takes 3-6 months for citizenship approval.Residency RequirementNo physical residency requirement, but the property must be held for at least three years.Tax BenefitsNo capital gains, inheritance, or personal income tax for non-residents.Family InclusionIncludes spouse, children under 18, and dependent children up to 21.Passport RankingThe Turkish passport is ranked 35th globally in terms of travel freedom.Dual CitizenshipDual citizenship is permitted.The Best Alternative to Citizenship by Investment: The Portugal Golden VisaPortugal offers one of the most attractive residency by investment programs in the world. Through the Golden Visa program, foreign investors can gain residency by investing in funds, private equity, or job-creating businesses.After five years of maintaining residency, without the need to live full-time in Portugal, you can apply for full citizenship and receive one of the strongest passports in the world.Portugal is a Schengen Area country and an EU member, meaning that once you acquire citizenship, you gain full access to live, work, and travel across 27 EU countries. That’s a major benefit, especially for families looking to tap into European education or retirees seeking a stable, sunny place to settle down.Portugal also provides attractive tax benefits through the IFICI regime, enabling qualified workers in fields like technology and innovation to reduce their taxes to a flat 20% on local income and avoid paying Portuguese taxes on specific types of income earned abroad.Portugal Residence by Investment - Key DetailsInformationDetailsInvestment RequiredFrom €250,000 for cultural donation, €500,000 in investment funds or job creation (creating 10+ jobs).Visa-free TravelTravel visa-free within the Schengen Area.Processing TimeProcessing can take several months. Average wait time: 12–18 months.Residency RequirementThe minimum stay of 7 days in the first two year and 14 days every 2 years thereafter.Tax BenefitsThe IFICI regime provides attractive tax benefits for skilled professionals in research and innovation.Family InclusionCan include spouse, dependent children, and dependent parents.Passport RankingRanks 3rd globally, with access to 190+ countries visa-free or visa-on-arrival.Dual CitizenshipPortugal allows dual citizenship.How Bitizenship Simplifies Your Portugal Golden Visa JourneyWhen you're just starting to look into the Golden Visa, it can quickly overwhelm you with paperwork, regulations, and investment choices. That's where Bitizenship comes in.We simplify your journey to acquiring a Golden Visa in Portugal by offering you investment opportunities in crypto. We achieve that by working hand-in-hand with Unbound Fund. Our main advantage is that we help you navigate the entire investment process transparently, securely, and efficiently. Our team is dedicated to guiding you through every step of securing a residence by investment in Portugal. We understand that everybody is in a unique situation, so we tailor advice based on your needs.The result?You can explore Europe with Portugal’s Golden Visa, and we take care of the entire process, handling everything from due diligence to legal paperwork.And if you're weighing different passport options, our El Salvador vs. Portugal vs. Argentina Passports comparison provides insight that can help you make that decision.We’ve worked with clients worldwide, offering advice and clarity throughout their residence journey, including providing them with: Concierge service for local guidanceOpening of a bank accountLegal supportTax representationSo if you want to get a residency in Portugal that can lead to citizenship after 5 years, we will make the process smooth for you!FAQ – Cheapest Citizenship by InvestmentWhich country gives citizenship for the lowest investment?Vanuatu offers full citizenship starting at $130,000, making it the cheapest citizenship to buy globally.Which country gives the fastest citizenship by investment?Vanuatu currently offers the fastest citizenship by investment, often completing the process in as little as 30–60 days.Which citizenship by investment is best?The “best” depends on your goals, but Portugal offers one of the strongest passports and long-term EU residency, while Grenada stands out for U.S. E-2 visa access.What is the easiest passport to get through investment?Saint Lucia and Dominica offer minimal residency, simple paperwork, and low investment thresholds, making them among the easiest paths to a second passport.What’s the cheapest citizenship by investment in Europe?North Macedonia and Portugal offer the most affordable and strategic paths to European citizenship, especially for long-term investors.What’s the cheapest citizenship by investment in Asia?Turkey leads the region, offering citizenship through a $400,000 real estate investment with relatively fast processing.What are the top citizenship by investment countries?Portugal, Dominica, Antigua and Barbuda, Saint Kitts and Nevis, and Grenada consistently rank as top options due to their balance of value, benefits, and credibility.What is the best citizenship by investment program overall?Portugal’s Golden Visa stands out for long-term EU access and tax benefits, while Vanuatu and Dominica lead on price and speed.NoteThe information provided in this blog is from official government websites for each country mentioned.

19 MIN READ

24 Jul 2025

Portugal Citizenship: Your Path to European Freedom
UncategorizedPortugal Citizenship: Your Path to European Freedom Portugal brings in a lot of digital nomads and migrants due to a lower cost of living, especially in housing, along with affordable, high-quality healthcare through public and private options. Citizens get free education and access to good public services. Finding jobs is easier, as no work permits are needed in Portugal or the EU. With its strong job market, good quality of life, and many opportunities, Portugal is a great place to live and build a future.You can get Portuguese citizenship by marriage, descent, ancestry, naturalization, or investment through the Golden Visa program. In this article, we’ll explain the steps and requirements for getting Portuguese citizenship so you understand the process and feel confident if moving forward.How to Apply For Portuguese CitizenshipYou can apply for Portuguese nationality online, in person, or by mail.For online applications, a lawyer or solicitor must apply NacionalidadeOnline and authenticate themselves with their digital certificate.If applying in person, you can register:At the service desk of the Institute of Registries and Notaries at the National Center for Support for the Integration of Migrants (CNAIM) in Lisbon or PortoIn the Registered Spaces of Lisbon, on Avenida Fontes Pereira de Melo, on the Justice Campus, and in BenficaIn the Central Registries of LisbonAt a Nationality CounterAt the Citizen's Shop in OdivelasIn the Civil Registry OfficesAt the Portuguese Consulate in the area of ​​residenceYou can also apply by mail. Complete the form based on your situation and send it to the Central Registry Office at Rua Rodrigo da Fonseca, 202, 1099-033 Lisbon.Portuguese Citizenship Through MarriageEligibility If you are married to or in a relationship with a Portuguese citizen for over three years, you can apply for Portuguese nationality. Depending on your situation, you may need to provide documents proving your connection to the Portuguese community.To be eligible for Portuguese citizenship, you must not have been sentenced to imprisonment for a crime punishable in Portugal, hold public office in another country, have performed non-compulsory military service in another country, or have been involved in terrorism-related activities.Application processWhen applying, you’ll need to present several documents. If you are married, provide the marriage certificate. If in a relationship, you’ll need a court certificate confirming you’ve lived together for over three years, as well as a recent statement from the Portuguese citizen confirming the relationship.Additionally, you will need to submit a declaration for the acquisition of Portuguese nationality, a legalized birth certificate (including a certified translation if not in Portuguese), and the birth certificate of your Portuguese spouse or partner (if applicable).Important notesFor those applying, an effective connection to the Portuguese community may be recognized automatically if you meet specific criteria, like being married for at least six years or if you have legal residence in Portugal for at least five years.Remember, if you get divorced, your citizenship status may change depending on how long you've been married. Also, check if your home country allows dual citizenship before applying.Residency-by-Investment ProgramEligibilityPortugal offers a path to residency (citizenship after 5 years) for foreign investors through its Golden Visa program. This allows non-EU nationals to gain residency by making a qualifying investment, eventually leading to citizenship after five years.The Golden Visa is a popular choice because it requires minimal time in Portugal—only about seven days per year, and you can apply online.After five years of maintaining residency and meeting basic requirements, investors can apply for Portuguese citizenship. They must pass a basic Portuguese language test or complete online classes to show integration into the country.Application processApplicants must invest in approved areas. Options include:Venture capital: Investing at least €500,000 in qualifying venture capital funds (with no real estate investments or ties)Job opportunities: Creating at least 10 jobsResearch activities: Investing equal to or more than €500,000 in research activities conducted by public or private scientific research institutionsCulture: Capital transfers of €250,000 or more in supporting artistic production, recovery, or maintenance of national cultural heritageCommercial: Investing €500,000 or more for forming a commercial company based in the national territory with the creation of five permanent jobsImportant notesThe Golden Visa remains one of the easiest ways for investors to obtain EU citizenship without relocating full-time. It offers visa-free access to the Schengen Zone, the ability to include family members in the application, and the long-term benefits of Portuguese citizenship.Portugal offers a targeted tax exemption regime with specific eligibility criteria, called IFICI.Looking for a fund to invest in? The Unbound Fund meets the eligibility criteria for Golden Visa investors and invests in the Web3 sector.How Bitizenship Can Help You Get Portuguese Citizenship Through the Golden Visa ProgramWe at Bitizenship can assist you in navigating the process and make obtaining Portuguese citizenship easier.Bitizenship helps you understand the specific requirements of the Golden Visa program and ensures you meet them, increasing your chances of success. We offer expert advice and guidance on each step of the application process, making it clear what you need to do.We take administrative tasks off your plateWe are a pioneering advisory firm specializing in residencies and citizenship by investment programs. Our main goal is to assist clients on administrative issues regarding the Golden Visa program & the Unbound Fund. The application process for the Portugal Golden Visa can be complex, but Bitizenship simplifies it. Why us?We possess extensive knowledge of residency and citizenship programs with an exclusive focus on Portugal and offer personalized solutions based on your needs. We managed more than 100 golden visas.Portuguese Citizenship Through DescentEligibility If you have Portuguese ancestry, you can apply for Portuguese citizenship through descent. This means you can become a citizen if your parents, grandparents, or even great-grandparents were Portuguese, even if you were born outside of Portugal.Application processTo apply for citizenship through descent, you need to prove that one of your ancestors (parents, grandparents, or great-grandparents) was Portuguese. You’ll need official documents, such as your birth certificate. If the certificate is foreign, legalization must be done through an apostille or visa from the Portuguese consulate.If the certificate is not in Portuguese, you must also bring the certificate translated into Portuguese and certified. Important notesA declaration for the acquisition of Portuguese nationality must also be signed before submission. Adults must sign it in person at the Registry office or, if applying by mail, before an authorized official. Minors need their legal representatives, usually their parents, to sign. If the parents cannot sign in person, they can appoint a proxy.Portuguese Citizenship Through AncestryEligibilityMany people around the world have ancestral ties to Portugal, and some may qualify for Portuguese citizenship even if their parents or grandparents were not Portuguese. Citizenship through ancestry is based on historical or cultural connections rather than direct descent. It applies to people with Sephardic Jewish heritage, colonial ties, or other historical links to Portugal.While citizenship by descent is usually a straightforward process with clear documentation requirements, citizenship by ancestry often requires more in-depth genealogical research and historical proof.Portugal offers citizenship to descendants of Sephardic Jews who were expelled in the 15th and 16th centuries. To qualify, applicants must prove Sephardic ancestry through family records, surnames, or certificates from Jewish communities.Application processIn the past, proof of ancestry was enough, but recent changes require applicants to show a connection to Portugal, such as owning property, visiting regularly, or speaking Portuguese. While these new rules make the process stricter, those with strong historical ties can still apply.Applying for citizenship through ancestry requires gathering birth certificates, family records, and other proof of Portuguese heritage. You’ll need a written request in Portuguese stating a description of the facts that make you belong to a Sephardic community of Portuguese origin, for example, your family's surnames, the language spoken by the family, a relative who was a member of the Sephardic community of Portuguese origin, etc.Important notesPortugal’s colonial history means that people from former territories may be eligible for citizenship. This includes those with ancestors from Goa, Daman, and Diu in India, Macau in China, and parts of Africa, such as Angola and Mozambique.People born in these territories before Portuguese rule ended may qualify, along with their descendants in some cases. Proof of birth and family history linking them to Portugal is required, and additional evidence of connection may sometimes be needed.Some individuals may qualify for Portuguese citizenship due to specific historical events. This includes descendants of Portuguese nationals who lost their citizenship because of political changes, colonial independence, or old nationality laws.Applications are processed by the Portuguese authorities and can take time, sometimes months or even years. Since citizenship through ancestry is more complex than applying through descent, careful research and strong documentation are most important.Portuguese Citizenship Through NaturalizationEligibilityTo qualify for Portuguese citizenship by naturalization, you need to have lived in Portugal for at least five years legally. This includes time spent as a legal resident, student, or worker. Then, you must show basic knowledge of the Portuguese language (A2 level). Lastly, you must have no criminal record and be well-integrated into Portuguese society.Application processTo apply for Portuguese nationality, you must submit a written request to the Minister of Justice in Portuguese. This request should include: Your full nameDate of birth, genderMarital statusNationalityParents' namesProfessionAddressDetails of where you have lived after the age of 16A legal representative or attorney’s name and address Residence permitPassport or other identification documentThe request must be signed in person at a Registry office. If applying by mail, the signature must be verified by an authorized official and sent to a Nationality Counter or the Central Registry Office in Lisbon.Important notesApplicants must show proof of Portuguese language skills, such as a certificate from a Portuguese school, a language test result, or a Portuguese as a Foreign Language certificate. If you are from a Portuguese-speaking country, you do not need to provide proof. If you cannot read or write, the language test will be adapted.A criminal record certificate is also required from your birth country, nationality, and any place you have lived since age 16. If the document is not in Portuguese, it must be translated and certified.ConclusionPortuguese citizenship offers great benefits, including the freedom to live, work, and travel across the EU. Whether through marriage, descent, ancestry, naturalization, or investment, each path provides access to a high quality of life in Portugal.Bitizenship simplifies the process of obtaining Portuguese citizenship through the Golden Visa program. We help you with administrative tasks related to the Unbound Fund (a closed-end private equity fund in Portugal), which is one of the best options for Golden visa investors.FAQsHow can I get citizenship in Portugal? You can get Portuguese citizenship through marriage, by descent, by having Portuguese ancestors, by living in Portugal for five years, or through the Golden Visa program.How many years does it take to get citizenship in Portugal?It takes five years of legal residency to apply for citizenship. If you're married to a Portuguese citizen, you can apply after three years of marriage and living together in Portugal.Is it easy to get PR in Portugal?Getting permanent residency in Portugal is not too difficult if you’ve lived there legally for five years and meet basic requirements like language skills and good behavior.Does Portugal allow dual citizenship?Yes, Portugal allows dual citizenship. You can keep your original nationality while becoming a Portuguese citizen.

10 MIN READ

24 Jul 2025

Is Portugal a Good Place to Retire? Pros and Cons Explained
UncategorizedIs Portugal a Good Place to Retire? Pros and Cons Explained Why is Portugal dominating retirement bucket lists? Spoiler: It’s not just the pastéis de nata (though we see you, dessert stans). The real deal lies in practicalities. Particularly a healthcare system ranked among Europe’s best, residency programs made for retirees, and costs of living that stay low even as demand grows.With its borderline unfair combo of Mediterranean vibes, shockingly low costs, and flexible visa programs, Portugal has become one of the top options for retirement.Besides, programs like the D7 Visa and the Golden Visa offer clear pathways for EU and non-EU nationals. However, no destination is perfect. Apart from the goodness, some downsides deserve equal mention, which begs the question, “Is Portugal a good place to retire?”To answer that, we’ll uncover everything you need to know about it. Let’s explore what’s hype, what’s real, and where Portugal truly shines.Is Portugal a Good Place to Retire?Retirement is a time to slow down, explore new opportunities, and enjoy life on your terms. If you’re considering Portugal as your retirement destination, you’re on the right track. But is it the right fit for you? Let’s take a closer look at some key factors to consider.Lifestyle FitHumans are always racing against the clock, but not really in Portugal. People here find peace in a slow-moving life. They like to soak in the sunrise before going to work. But since we’re talking about retirees specifically, you’ll find the much-needed respite in the slow-paced charm that the country flaunts. Cultural IntegrationWhile the people are quite friendly, cultural integration is an issue. For the most part, you’ll struggle with communication barriers. However, there are still some localities where English is pretty common (the Algarve and Lisbon, to name two).However, learning a bit of Portuguese is going to take you a long way. Basic phrases like “Hello”, or “Where is the train station” will help you get started on the right foot with the locals. Financial PlanningPortugal is easily one of the most affordable countries to live in Europe. If you’re from a Western country, you’d love the reasonable housing, healthcare, and dining out options. That said, you still need to pay attention to financial planning. Some financial considerations include visa requirements, healthcare costs, and long-term economic sustainability to make sure you live a stress-free retirement.Pros of Retiring in Portugal Portugal’s retirement appeal is a calculated blend of practicality and perks, which is why people from all over the world are flocking to the country. While there are many pros of retiring in Portugal, here are just a handful of areas where it shines:Affordable Cost of LivingThe cost of living is the USP of Portugal. Everything from housing to healthcare facilities and food is quite affordable when compared to other Western European countries.Portugal’s smaller cities offer one-bedroom apartments from €500/month, while a three-course lunch with wine costs around €12. Public transport? A monthly Lisbon metro pass costs less than a single London-to-Heathrow Uber ride.You’ll be surprised when you compare the prices of buses, trains, and trams in Portugal with those in the US or UK. High-Quality Healthcare SystemRanked pretty high globally, Portugal has a public healthcare system (Serviço Nacional de Saúde - SNS), which provides universal coverage, and a private healthcare system offering faster services and specialized care. Safe and Peaceful EnvironmentAfter working your whole life, all you crave is safety and peace. The good news is that Portugal has consistently been ranked in the Global Peace Index’s top 10 since 2014. This means walking alone at midnight isn’t a dare. Low violent crime, zero political chaos, more peace.Beautiful Beaches, Cities, and Scenery There’s nothing quite like spending your golden years by the beach. The scenes are so cool that you won’t be able to resist taking pictures every other second and sharing them with your friends and family back home. And who doesn’t love an exquisite cityscape? Beaches, cities, and sceneries are all packed into one location. Friendly Expat CommunitiesMany retirees spotted Portugal as the perfect place to hang up their boots and call it their home, which means you’re not alone. Algarve, Cascais, and Porto are some of the popular destinations with most retirees. Expats in these areas regularly host meetups, cultural events, and social clubs, making it super easy to plug in, connect, and build lasting connections.Tax Benefits for Foreign RetireesPortugal’s Non-Habitual Resident (NHR) regime, which provided tax benefits for retirees, ended in 2024. This means now there’s a new program called the Incentivized Fiscal Incentive for Scientific Research and Innovation (IFICI).While it doesn’t bring with it the broad tax benefits of the NHR, it also doesn’t take away the fact that Portugal’s general tax rates remain lower than many Western European countries. Pension income is now taxed at standard Portuguese rates, which are still relatively low.And the good thing is, Portugal maintains tax treaties with various countries to prevent double taxation. While retirees lose specific perks, the country’s overall tax scene remains pretty competitive.Easy Travel Across EuropeIf you’re a sucker for traveling, you’d love the amazing connectivity of Portugal with the rest of Europe. The Schengen visa allows you to visit about 26 countries in Europe, including some popular names like Rome, Paris, and Madrid. London is also just a stone’s throw away. A European adventure is always on the charts if you’re living in Portugal. Access to Residency Visas Like the D7 and Golden VisaPortugal makes it easy to get residency through amazing visa programs. For one, you have the D7 visa, also known as the passive income visa. If you have a stable income through a pension or an investment, you can get a Visa in Portugal, provided your income is a minimum of €760 per month. Another great visa option is the Golden Visa, which allows you to get residency in the country if you make a property or other qualifying investment of about €500,000. It’s an easy pathway to gaining Portuguese citizenship after 5 years. Cons of Retiring in PortugalYes, Portugal is great. But does it come without challenges? Nope. No place does. However, if you know these challenges beforehand, you can come up with an action plan to deal with them. Here are some cons you must be aware of:There Can Be a Language BarrierWhile English is widely spoken in the country, Portuguese remains the national language in the not-so-tourist areas. If you’re planning to live in the rural areas, having some Portuguese phrases up your sleeves will take you a long way. Some phrases you could learn include:Olá (Hello)Obrigado/a (Thank you)Como vai? (How are you),Posso comer um pouco de pão (can I have some bread). You can also enroll in a Portuguese class to get the basic hang of the language and make your day-to-day life relatively easy. Slow Government BureaucracyIn terms of bureaucracy, Portugal is not as good as Western countries. You’d find getting your driver’s permit challenging due to long wait times and requiring multiple visits to the office. The same applies to getting your residency visa or healthcare registration. For someone coming from the Western world, you’d find this annoying, but it grows on you. It’s still an important consideration, though.Rising Housing Costs in Popular AreasDue to many expats, digital nomads, and investors moving to popular areas like Lisbon, Porto, and the Algarve, the rates of houses have significantly shot up. In Lisbon and Porto, the rates have skyrocketed, making them really expensive places to stay. If you’re looking for a more affordable option, consider moving to smaller localities like Alentejo, Aveiro, Montijo, or Figueira da Foz.Cold and Damp Winters (Especially in the North)While Portugal is known for its sunny weather, the winters, particularly in the North, can be extremely chilly and damp. What makes this worse is that most of Portugal doesn’t have a central heating system like in the US or the UK. Instead, there are space heaters and fireplaces.Humidity is another concern, which makes the older homes really damp. While southern Portugal (Algarve) enjoys milder winters, areas like Porto and Braga can experience rainy, chilly months that some retirees may find uncomfortable. If you don’t like cold, consider moving to a place with heating options to keep you warm on cold nights. Higher Energy Costs Compared to the USOne thing you need to be aware of before considering Portugal as your next home is the high energy bills. The lack of efficient heating options can lead to a high electricity bill. In fact, Portugal is infamous in Europe for their high electricity prices.Gasoline prices are also significantly higher than in the US, making driving more expensive. Some retirees opt for solar panels or alternative energy solutions to reduce costs. Being mindful of energy consumption and choosing a home with good energy efficiency can help manage expenses.Cost of Living Breakdown for Retirees in PortugalPortugal is known for its affordable living, but you must be aware of the costs to make smart decisions. For example, knowing the rents in the most popular districts will help you choose the most cost-effective location to spend your lifetime once you retire. Here’s a detailed breakdown of the cost of living for retirees in Portugal:Housing and Rent Prices Just like any other place, pousing and rent prices in Portugal depend on which locality you’re living in. For example, in Lisbon & Porto, renting a one-bedroom apartment costs you anywhere between €900-€1,500 per month. If you’re thinking of buying a property, it could cost you anywhere between €4,000-€7,000 per square meter.If this is way over budget, there are also some affordable options to consider in smaller cities. In Braga, Coimbra, or Évora, you only have to pay about €500-€800 per month with the property prices relatively lower as well. Rent in retirement-friendly regions like Faro, Lagos, or Tavira falls between €700-€1,200 per month, depending on proximity to the beach.The most affordable option is to live in the rural areas, where you’d only have to pay €400-€600 per month. Portugal has something both on the lower and the higher end, so ultimately, it all boils down to your budget. Groceries, Dining, and Daily ExpensesYou’d love to go Grocery shopping in Portugal, as the prices of groceries are considerably lower, at least when compared to Western countries. Here are some average prices of groceries, diving, and transportation:Grocery ShoppingBread: €1 per loafMilk: €0.90 per literEggs: €2 per dozenFresh fish: €5-€12 per kgChicken: €6 per kgDining OutA meal at a local restaurant: €10-€15 per personMid-range dining: €25-€40 per coupleA cup of coffee: €1-€1.50A beer or glass of wine: €2-€4TransportationYou can get a monthly pass for bus, train, and metro for as low as €30-€50. Uber and other cab services are also fair in their rates, with a short trip costing you about €5-€10. Healthcare and Insurance CostsPortugal has a public healthcare system called the SNS – Serviço Nacional de Saúde. All EU citizens can access it. While non-EU retirees can also access public healthcare, they usually prefer private services due to shorter wait times and many English-speaking doctors. Private insurance costs €40-€150+ per month, depending on age and coverage. More on this below.Healthcare in Portugal: What You Should KnowPortugal’s healthcare system is a key reason it tops retirement lists. Here’s a breakdown of it, keeping affordability, speed, and English-speaking doctors in mind (no sugarcoating):Public Healthcare (SNS)Serviço Nacional de Saúde is Portugal’s taxpayer-funded healthcare system, open to all legal residents (including retirees with residency visas). Here’s the good and bad of it:The GoodThe BadSeveral services are almost free, while some require a small co-payment. Longer wait times for specialist appointments and non-urgent procedures.It includes general practitioners, specialists, hospital care, and emergency services.Limited English-speaking doctors, so you’re lucky if you get one.It’s ranked 23rd globally by the 2024 World Index of Healthcare Innovation.Some prescription medications are subsidized, but not all are free.Private HealthcareIf you want fast access to healthcare services, private healthcare may be the way to go. Here are the benefits and challenges of it:The GoodThe BadShorter wait times, even for surgeries, specialist consultations, and diagnostic tests.More expensive than public healthcare.More English-speaking doctors, so no need to slip over your “por favor” while speaking to the staff.If you’re visiting without insurance, you’d have to pay anywhere from €50-€150 for one consultation with the doctor.High-quality facilities, because “private,” after all.Private Health Insurance CostsMany retirees prefer to take private health insurance to reduce their overall medical bills. Here’s how the pricing goes. Basic coverage: €40-€60 per monthComprehensive coverage: €80-€150 per monthPremium insurance for older retirees: €150+ per monthHow Health Coverage Works for ExpatsThe type of healthcare coverage available to you depends on various factors, including residency status, nationality, and whether you are from an EU or non-EU country. European Union (EU) and European Economic Area (EEA) citizens can use their European Health Insurance Card (EHIC) for short-term stays. Long-term residents from the EU/UK can register for SNS coverage by obtaining a Número de Utente (healthcare user number) at their local health center. UK citizens can access NHS-funded healthcare in Portugal under the S1 form if you’re a pensioner receiving a UK state pension. Non-EU citizens need private health insurance before applying for a residency visa (such as the D7 Visa or Golden Visa). However, once you obtain legal residency, you can register for public healthcare (SNS). Best Places to Retire in Portugal The places to explore are abundant for retirees. Each place has its unique charm, lifestyle, and cost of living. Here are the top places you can choose as your second home:Lisbon - A Blend of City Life and CultureBeing the capital city, Lisbon is a high-energy place where people love to retire. City life and culture converge here with the concentration of some of the biggest historical places.It has world-class museums with Fado music. You’d also fall for the city’s infrastructure, the well-connected transport system and shopping centres.On the downside, it’s pricey. With the rent prices reaching an all-time high, you might struggle to land on the right accommodation for your needs. But if money is not the issue, then hands down, go ahead with this place.ProsCons15+ UNESCO sites, Fado bars, and highly rated food scene in Europe.The average rent for a 1-bed is about €1,800/month.Private hospitals (e.g., Hospital da Luz) with English-speaking staff.Packed trams, inflated prices, and too many tourists.45-minute flights to Madrid, Paris, and Morocco.Porto - Affordable, Scenic, and Laid-BackIf you’re looking for Lisbon perks but not-so-Lisbon prices, Porto might be the option for you. It has a relaxed and laid-back atmosphere with stunning scenery. It’s also home to the famous Port wine, so if you are a wine enthusiast, you’ll have a ball. On the downside, winters are cooler and wetter here.ProsConsCheaper 1-bed living rents compared to places like Lisbon.150 rainy days/year, averaging 48°F (9°C) in winter.One of the safest cities in Europe.Less English fluency outside tourist zones.The Algarve - Sun, Beaches, and GolfThe Algarve is known for its stunning coastline, and expansive expat community. Many retirees from the US, UK, and Germany have found a haven in this place. You’ll feel right at home. It gets over 300 days of sunshine per year with warm winters. You’ll also find some of the most exquisite beaches here.The USP of this place is its golf courses. Many retirees love to play golf, and if you relate to that, consider making the Algarve your retirement home. ProsConsOver 3,000 hours/year of sunshine.There can be seasonal chaos during July and August due to tourist spikes.More than 100,000 retirees who are mostly British/German.More than 40 gold courses.Cascais - Upscale Living by the CoastCascais is an amazing alternative to Lisbon. If you fancy living by the beach, you won’t find a better spot. It’s incredibly well-maintained and has an excellent healthcare system. Moreover, it's close to Lisbon, so you can also enjoy the perks of the capital city without breaking your bank.ProsConsSeveral Blue Flag beaches within 10km.2-bed apartments average €2,500/month.Quick 30-minute train to Lisbon (€2.30/ride).There can be limited space, and there’s competition for rentals due to the high number of residents.The Silver Coast - A Quieter AlternativeWant to live by the coast without much of a crowd? The Silver Coast is your guy. This region includes towns like Nazaré, Óbidos, and Caldas da Rainha. It’s much more pocket-friendly than places like Lisbon or the Algarve. Since there are fewer tourists here, you’ll be able to relish the authentic local lifestyle. However, you also have to prepare for the smaller English-speaking population. ProsConsLower 1-bed rents, starting from just €450.There’s only 12% English fluency.10x quieter beaches than places like the Algarve.There are fewer healthcare specialists.Various medieval villages + UNESCO sites.Visa and Residency Options for Retirees in PortugalRetiring in Portugal is a dream of many, and now it can be your reality. The country offers two main visa programs to allow retirees to get residency - D7 and Golden Visa. Let’s learn more about them:The D7 Visa D7 visas are designed for retirees who have a stable passive income coming their way, either through pension, investments, or rental properties. It allows you to live in Portugal full-time with free movement in the Schengen region. You can also access the public healthcare system, SNS. After 5 years, you can apply for permanent residency and make it your retirement home. Golden Visa Program The Golden visa program is ideal for those who don’t want to commit to Portugal but still want to stay once in a while to take in the beauty of the place. To avail of this program, you must make a significant investment in the country, after which you can be granted a minimum of 7 days per year to stay in the place. It can lead to permanent residency and even citizenship, and you also get the option to include family members.Ready to Retire in Portugal? Bitizenship Can HelpTo be real, navigating Portugal’s visa process can feel a little daunting. Thankfully, Bitizenship exists, and this is exactly where we step in. Our team specializes exclusively in the Golden Visa program and opens access to the Unbound Fund, which is a private equity investment fund that makes it easier for global citizens like you to attain the Golden Visa.Here’s how we simplify the entire process:Golden Visa Strategy: Personalized guidance based on your retirement goals and financial situation.Smooth Paperwork: From investment documentation to SEF scheduling, we handle the bureaucracy for you.On-the-Ground Support: Access to trusted lawyers, tax experts, and real estate partners who know the local landscape inside out.With Bitizenship, you’re unlocking a stress-free roadmap to Portuguese residency, backed by a high approval rate and on-the-ground expertise. Get in touch today to invest in Portugal Golden Visa.Closing Thoughts Portugal’s blend of affordability, sun-drenched coasts, and retiree-friendly visas makes it a top contender for your golden years, but it’s not a one-size-fits-all paradise. Each city comes with trade-offs: rising rents, bureaucratic quirks, or winters that demand more than a sweater.It’s important to align your priorities (budget, language tolerance, healthcare needs) with the right locality. Build connections with expat hubs, learn a handful of local phrases, and pack patience and maybe a space heater.FAQsWhat are the cons of retiring in Portugal? Every place comes with its challenges. When in Portugal, you’d likely struggle with the language barrier, slow bureaucracy, rising housing rates, and high energy costs. Other than that, it’s an incredible place to retire in. How much money do you need to retire in Portugal?Portugal has affordable housing, healthcare facilities, and grocery prices. This means you only need an average of €1,500 to €3,000 per month to thrive in Portugal as a retiree. Which part of Portugal is best for retirement? The best place in Portugal to retire depends upon your needs and requirements. If you’re looking for a rich culture, historical significance, and modern amenities, Lisbon would be ideal. On the other hand, if you’re looking for affordable living, Porto is a great alternative. For the beaches and sun, consider The Algarve.Is it better to retire in Spain or Portugal? Both Portugal and Spain are excellent places to retire, but there are some key differences between the two. For one, Spain is slightly more expensive than Portugal, but the healthcare system is better and more efficient in the former. And while Spanish is widely spoken in Spain, English is quite prevalent in the country, more than in Portugal. However, Spain imposes higher taxes on foreign income. The choice boils down to your requirements.

19 MIN READ

24 Jul 2025

Second Passport Benefits – More Travel, Security & Opportunity
UncategorizedSecond Passport Benefits – More Travel, Security & Opportunity If you want more financial options and the ability to travel freely, getting a second passport might be your next step. Many people around the world opt for it to improve their lives (and quite massively). In this post, we’ll go over second passport benefits, what it is, why more people are choosing one, and how you can decide if it’s right for you.Why More People are Getting a Second PassportIt’s a mere misconception lingering from the past that getting a second passport is only a viable option for the wealthy. The demand for second passports has increased dramatically over the years, with more countries allowing dual citizenship.Entrepreneurs, Bitcoin investors, and even regular families that can afford it are now jumping on board to open up new avenues of financial growth, start a new chapter in their lives, or have a “backup plan” in case their home country goes through economic, political, or social instability. For professionals, dual citizenship opens access to new markets, tax benefits, asset protection, and visa-free travel. Families often prioritize safety, healthcare, education, and quality of life when choosing a second passport. If another country offers better opportunities, it’s more than just a luxury. It’s a practical step toward improving nearly every aspect of life. That’s also precisely why every Bitcoiner should invest in alternative citizenship.Key Benefits of a Second PassportEvery passport acts like a "key" that unlocks a unique set of privileges. Own two keys? You double your access. That’s the simplest way to explain the biggest advantage of a second passport. The list goes on, but here are just some of the benefits of second passport. Think of these as the “why” behind the growing trend.Freedom to TravelNot all passports are created equal. There are some that act like VIP passes, which let you breeze through borders. Others? They’re more like a never-ending checklist of visas and paperwork. If your current passport limits where you can go, a second (stronger) one becomes your shortcut to stress-free global access.With two passports, you get to choose which one to use when entering most countries. (Quick note: Places like the U.S. require citizens to use their U.S. passports for entry, but this is rarely a hassle.Overall, your second passport will cut through the red tape of global politics, turning you into a truly borderless citizen.Better SecurityTo be fair, no country is immune to crises. Economic crashes, political unrest, and social upheaval will always be a part of a nation. If not at the moment, then potentially in the future. A second passport acts like an insurance policy for your safety. If things go south in your home country, you’ve got a backup plan. It’s a literal ticket to stability.Wealth ProtectionEver heard of “don’t put all your eggs in one basket”? A dual citizenship helps you avoid doing just that. Here are a few ways:Open offshore bank accounts (with better interest rates or currency options).Invest in foreign markets (think real estate in stable economies).Slash taxes legally. Countries like the UAE, Portugal, and St. Kitts & Nevis offer near-zero tax rates for citizens.It allows you to spread your wealth globally so that you’re no longer at the mercy of one country’s economy. Besides, dual citizenship also opens up new markets for investment, and now, since you’re a citizen of a new country, it’s much easier to open a business.Access to Better Healthcare and EducationSuppose you live in a country where either healthcare or education (or both) is objectively not up to your expectations. In that case, a second passport becomes a way for you and your family to get access to better hospitals and universities.In terms of improved quality of life, the EU has often been a great example of high-quality public services that make a huge difference. Singapore and Canada are also great examples of countries that can help you improve your life and reset your family’s future.Lifestyle UpgradeRetire on a Mediterranean coast. Work remotely from a tropical island. Raise kids in a country with cleaner air and safer streets. A second passport turns these dreams into actionable options. Dual citizenship means you can split your time between two countries. Alps in winter? Bali beaches in summer? Your playground just got bigger because the possibilities are multiplied several times over.How Nationality Affects Your Second Passport OptionsYour current nationality is the #1 factor shaping your second passport options. Let’s break it down.The No-Go Zone: Countries that outright ban dual citizenship. Think China, India, or Saudi Arabia. If you gain a second passport here, you’ll have to surrender your original one, with no exceptions.The Gray Area: Countries with strict (but bendable) rules. Japan, Germany, and the Netherlands generally don’t allow dual citizenship, but the keyword is “generally”. However, there are loopholes. For example, if you’re born with dual nationalities, if you marry a foreign citizen, or if you secure special government approval, you might keep both, but it’s still not guaranteed.The Flexible Nations: Countries like the US, UK, Canada, and most EU states. Here, holding multiple passports is common. No need to renounce your original citizenship, and you’ll enjoy perks like visa-free global access. It’s important to know that the US taxes citizens worldwide, so weigh the pros (strong passport) against the cons (tax headaches).All in all, your starting point (nationality) decides your path.Second Passport vs. Second Residency: What’s the Difference?They might sound similar, but a second passport and a second residency are very different in terms of what they offer, how you get them, and what they cost. Let’s break them down individually so your options are easier to understand, and you can make the decision that suits you best.Second Residency (Legal Permission to Live in Another Country)You might naturally gravitate towards a second residency instead of a second passport, assuming it’s easier to get and less of a hassle. Indeed, it often is easier and becomes a great alternative for those who don’t feel ready for full citizenship yet.A second residency lets you live legally in another country without becoming a citizen. You keep your original passport, renew residency periodically, and avoid the hurdles of full citizenship. But is it the right move for you? Let’s weigh the pros and cons:ProsConsMost residency programs ask for proof of income, a modest investment, or a business setup. No need to uproot your life, as many don’t even require full-time living.Residency doesn’t equal citizenship. No voting, no passport perks, no consular protection. You’re essentially a long-term guest.Compared to citizenship-by-investment (think six-figure sums), residency is far cheaper.Most residencies demand renewals every few years, and you’ll need to prove you’ve spent enough time in the country. Skip this, and your status vanishes.Some programs, like the UAE’s zero-tax residency, act as financial cheat codes for entrepreneurs. Always consult a tax professional because not all residencies offer perks.Want visa-free access? Residency won’t help. That’s a passport-only perk. If one of your primary goals is traveling with more freedom, residency won’t help.Residency in places like Portugal or Spain can fast-track citizenship after 5-10 years. It’s like a “try before you buy” phase.Second Passport (Full Citizenship)Now, let’s talk about a second passport, which grants full citizenship of a country. This means you’re legally and socially recognized as part of that country and have all the rights granted to its citizens, just like those born there. Here are the good and bad of it:ProsConsYou have the same rights as someone born in that country, allowing you to live freely without visa renewals, vote, and access other citizenship perks.Unless you’re marrying a citizen or claiming ancestry, citizenship demands years of residency (5+ in countries like Spain) or a huge investment. A stronger passport acts like a golden ticket. For example, swapping a restrictive passport for one from St. Kitts & Nevis opens visa-free access to over 150 countries, including the EU and the UK.Many countries do not allow dual citizenship, including India and China. This means, if an Indian citizen wants to become a citizen of another country, they must revoke their Indian citizenship and original passport.Citizenship isn’t just for you but also a gift to your children. Pass it down, and they’ll inherit the same safety, opportunities, and backup plan you’ve secured.Some countries, like the US, tax citizens globally. Even if you live abroad, you’ll file taxes in both countries.When political chaos, economic crashes, or social unrest hits your home country, dual citizenship is your instant exit strategy. No waiting for visa approvals. Just grab your passport and go.Secure Your Second Passport with the Help of BitizenshipGoing through the “maze” of bureaucracy, legal hurdles, and investment programs alone? That’s where most people get stuck. However, you don’t have to figure it out on your own.At Bitizenship, we specialize in helping crypto investors and globally-minded individuals secure Portugal’s Golden Visa, which is a powerful first step toward long-term EU residency and eventual citizenship.Here’s why you might want to choose us:Built for Bitcoin Investors: Through the Unbound Fund, you can invest in a Bitcoin-friendly, future-focused vehicle that qualifies for Portugal’s Golden Visa.Expert Legal Navigation: We partner with top lawyers to make sure your application is compliant and headed for success.Focused & Specialized: We don’t offer everything. We focus on what we know best, which is Portugal’s Golden Visa. That means no distractions, no fluff - just proven results.If you want to unlock the lifestyle, business, and travel benefits of a second passport, this is where it starts. Bitizenship helps you carve a strategic move to go beyond borders and achieve your true business and lifestyle potential. Get in touch today to invest in Portugal Golden Visa.Closing ThoughtsA second passport can be a game-changer because it gives you the chance to thrive in a country that matches your values, with stronger economies, top-tier healthcare, and freedom you’ve only dreamed of. It might sound a bit too good to be true, but it’s very much attainable. And with Bitizenship, it’s a game you’re built to win. FAQsWhat are the benefits of having a dual passport?Having a dual passport gives you the same perks enjoyed by citizens of a country. So, if you’re a citizen of two countries, that’s roughly double the benefits. This also translates to access to more countries visa-free, better financial and tax opportunities, a safety net during political or economic unrest, and an overall upgrade to your lifestyle.What is the best country to get a second passport?The best country to get a second passport depends on your goals and preferences. For example, if traveling is a priority, European options like Portugal or Malta are excellent. For those wanting citizenship via investment, there are options like St. Kitts & Nevis or Dominica. And, if you’re seeking long-term residency leading to citizenship, countries like Canada or Australia may be better suited.Which passport has the most benefits?Countries with the strongest passports, like Japan, Singapore, and Germany, offer the most visa-free travel options, with access to over 190 countries. That said, the benefits that matter most depend on personal needs. Some passports provide better financial privacy, tax advantages, and business opportunities, while others make traveling easier.What is the 2nd best passport?Passport rankings aren’t fixed and change based on visa-free travel, global mobility, and other perks. However, according to the Henley Passport Index 2025, the second most powerful passports in the world currently belong to Japan and South Korea, both offering visa-free access to 190 destinations.

11 MIN READ

24 Jul 2025

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Yes, we coordinate with trusted law firms and advisors to streamline the entire process for you.

Visit the official Unbound Fund website for detailed insights into Unbound Fund.

We focus exclusively on Portugal’s program, offering unmatched flexibility and strategic advantages.

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