Expert VerifiedWe stay independent and maintain editorial integrity. See how we're funded.
Cheapest Residency By Investment Programs
Fact Checked
Boost Your Freedom Without Compromise.
- Who offers the CHEAPEST program available.
- Who offers the BEST program available.
- What you need to qualify?
- Countries like Antigua and Barbuda, Saint Lucia, and Dominica offer some of the most affordable residency by investment programs, with options starting at contributions of $100,000 to national funds or real estate investments starting at around $200,000.
- Minimum investment requirements for cost-effective programs are designed to be accessible while still contributing to the host country's economic development.
- While more affordable, these still offer significant benefits and limitations, including visa-free travel access, potential tax advantages, and residency rights, with varying degrees of permanence and pathway to citizenship.
- Investors should be aware of any hidden costs or additional fees, such as due diligence fees, legal fees, and government processing fees, which can add to the overall cost.
- The timeline for gaining residency through these affordable programs can be relatively quick, with some processes taking only a few months from application to approval, depending on the country and the efficiency of its processing.
Residency by investment programs are often associated with great wealth, luxury, and high-net-worth individuals.
However, this isn’t always the case. Many residency programs cater to individuals with more limited resources.
A number of comparatively cost-effective residency by investment programs exist around the world.
In This Article, You Will Discover:
Let’s dive straight into WorldPassports’ exclusive list of the top affordable residency programs…
*Disclaimer: All amounts mentioned in this article were correct at the time of publication and might have shifted since.
Top 6 Cheapest Residency by Investment Programs
While some of the more popular residency by investment (RBI) programs can require large sums of money, there are more cost-effective alternatives available.
For your convenience, our team of residency experts has compiled an in-depth guide to the top 6 cost-effective residency by investment programs.
Let us walk you through each program in more detail.
Paraguay's Residency by Investment Program
Paraguay’s residency by investment program, formally known as “Programa de Residencia Permanente”, permits applicants to obtain permanent residency in Paraguay in return for an investment.
The program is considered cost-effective due to its low investment requirements and minimal associated fees.
Here are the approximate costs for this program:1
- Minimum investment: US$5,000
- Application fee: US$200
- Legal fees: From US$2,000
Take note
Other reasons to consider Paraguay’s RBI program include the fact that it’s known for its efficient and quick application processing time and the fact that the country has a very favorable tax system.
Nicaragua’s Residency by Investment Program
Similarly to Paraguay, Nicaragua’s residency by investment program offers a cost-effective route to residency for foreign investors.
This program, known formally as “Programa de Residencia por Inversión”, offers applicants the opportunity to obtain residency status in the country in return for a financial contribution.
It's popular among investors for its low investment requirements and reasonable processing fees.
Here’s an approximate cost breakdown for this program:
- Minimum investment: US$30,000
- Application fee: US$500
- Legal fees: From US$2,500
Consider this
Other reasons to consider Nicaragua’s RBI program include the fact that the program usually extends to include the applicant's immediate family and the fact that Nicaragua is known for its emerging markets and growing economy, offering numerous business opportunities for foreign investors.
Greece's Residency by Investment Program
Greece’s residency by investment program, known formally as the “Greek Residence Permit”, is another affordable residency program.
This program is an attractive option due to its low real estate investment threshold and competitive processing fees.
Here are the approximate costs:2
- Minimum investment: €250,000
- Application fee: €2,000
- Legal fees: From €5,000
What’s more
Greek residency offers unrestricted access to the Schengen Zone, allowing free movement across many European countries, and there's no obligation for the investor to reside in Greece, providing a flexible residency option.
Latvia’s Residency by Investment Program
Latvia’s residency by investment program is yet another affordable option to consider.
Officially referred to as the “Latvijas Uzturēšanās Atļauja”, this program provides residency in Latvia through various investment options.
This program has made our list as it offers flexible investment choices and reasonable processing fees.
Specifically, the costs associated with this program are as follows:3
- Minimum investment: €50,000
- Application fee: €5,000
- Legal fees: From €3,000
Here’s food for thought:
Latvia is known for its stable economy and is a member of the European Union, which can provide additional security and opportunities for investors.
Panama’s Residency by Investment Program
Panama’s residency by investment program, known formally as the “Visa de Países Amigos”, permits applicants to pursue residency at an affordable price.
This program's popularity among investors stems from its relatively low investment requirements and competitive legal rates.
In particular, the costs are as follows:
- Minimum investment: US$300,000
- Application fee: US$5,000
- Legal fees: From US$2,000
Additionally
Panama's RBI program provides various investment options, including real estate, business investment, or deposit in a Panamanian bank, providing flexibility to suit different investment preferences.
Dominican Republic’s Residency by Investment Program
The 6th and final affordable program on our definitive list is Dominica’s residency by investment program.
Known formally as “Residencia por Inversión”, this RBI program grants residency to qualifying investors at a competitive price.
In particular, its program stands out due to its low investment requirements and reasonable processing fees.
Let’s take a closer look at the specific figures:4
- Minimum investment: US$550,000
- Application fee: US$1,500
- Legal fees: From US$3,000
Also
Residency in Dominica offers visa-free or visa-on-arrival travel to over 130 countries, including the UK, Singapore, and other key business and travel destinations.
Are There Potential Risks Associated With Low-Cost Residency by Investment Programs?
Yes, it's essential to be aware that there could be potential risks associated with low-cost residency by investment programs.
While cost-effective programs can offer numerous financial benefits, it's crucial to weigh the possible downsides before making an informed decision.
Some of the specific risks include:
- Limited government support and protection.
- Frequent changes in government policies.
- Lower international recognition.
As such, our team recommends that you thoroughly research each program and consult with experienced professionals to understand the potential risks involved.
Remember
The key to a successful residency by investment experience is finding the right balance between affordability, long-term security, and opportunities that align with your future goals.
Common Questions
What’s the Cheapest Country to Get Permanent Residency In?
What’s the Golden Visa?
Which Country Offers the Fastest Route to Residency?
Which Country’s Residency by Investment Program Is the Most Difficult to Obtain?
Can Residency by Investment Programs Lead To Citizenship?
How Do Countries Benefit From Offering Affordable Residency by Investment Programs?
In Conclusion
The WorldPassports team trusts that our definitive guide has provided you with balanced insights into the potential risks and benefits associated with low-cost residency by investment programs.
Our vast experience and proficiency in the field are dedicated to helping you make informed choices as you navigate the world of residency by investment.
We wish you the best of luck on your residency by investment journey and are here to support you every step of the way.
