Are you ready to know the exact countries you can travel to acquire travel and work (legally) with dual citizenship? If so, keep reading. We're guessing that most of us would like a passport or two. There are no scientific studies to prove this, but my assumption is that two passports are better than one. Here are the Top 5 best countries to acquire a travel residency visa:
PANAMA
If you're looking for a passport that will get you into 151 countries without a visa, Panama may be the best place to start.
Panama used to have a residency program that was easy to get into and would allow you to apply for citizenship after 5 years. However, they recently made it more difficult and now require an investment of $200,000 in order to get residency. This can be done through real estate or another form of investment. In addition, this investment could be financed. If you want a second passport from Panama, then you should consider this option because it is one of the easiest ways to gain residency in a country with such great travel benefits.
Here is a flight example from your nearest airport to Panama:
BALI, INDONESIA
Bali is the home of many digital nomads, and for good reason. It offers the most laid-back lifestyle on this list, particularly if you're a tech-savvy hipster who's into yoga and surfing. Combine that with a low cost of living, decent internet, and one of the easiest visas, and you see why Bali is a top pick for those looking to live out their days in paradise.
Indonesia doesn't have an easy path to citizenship like Panama, but it does have a very easy "social visa." This residency visa is renewable for up to 6 months. To extend it, you'll fly to the embassy in Singapore (about $100 for the flight) and return in 3 days with another 6-month visa!
Here is a flight example from your nearest airport to Bali:
NEW ZEALAND
New Zealand is a great country to live in if you're young and looking for work.
The country has been attracting young people from all over the world since the 1950s when it started its “working holiday” visa program. This visa grants young Western travelers 12 months to explore New Zealand, and once your 12 months are up, you can apply for a different visa or return home.
The problem with New Zealand is that life has become very expensive. The wealthy are buying up properties and pushing up prices throughout the country. New Zealand is already 10% more expensive than the United States and I expect this to continue to increase into the future.
This sets New Zealand apart from the rest of this list—while living in Mexico, Panama, and the rest is amazingly cheap for those holding dollars; living there will cost more than living in America but less than living in Europe or Japan.
Here is a flight example from your nearest airport to New Zealand:
BELIZE
You’ve been working hard all your life, and now you want to enjoy the fruits of your labor. You’re ready to retire, but you don’t want to spend every day in a rocking chair on the porch of your Florida home. You want adventure. You want excitement.
Belize has what you need: a residency program for retirees called the Qualified Retiree Program (QRP). With an investment of about $2,000 per month in guaranteed payments, you can become a resident of Belize through their QRP program.
Belize is focused on bringing in retirees and those with fixed incomes. But, you don’t need to be retired to qualify. Anyone over 45 years of age with a pension or guaranteed passive income stream of $2,000 a month can use the QRP. If you don’t have pension distributions, you can set up a bank annuity instead.
Here is a flight example from your nearest airport to Belize:
MEXICO
It’s no secret that Mexico is an incredible place to live. The weather is amazing, the food is delicious, and the cost of living is low. But it’s not just retirees or ex-pats who are flocking to the country.
If you have a guaranteed income of at least $1,550 for one person + $520 for each dependent, you qualify for a retirement visa in Mexico. You can also buy real estate valued at $210,000 or show a bank account balance of at least $25,000 for at least 8 months. And if even that’s too much work? Well, then you can string together 6-month residency visas and stay in Mexico indefinitely! Each time you enter Mexico by air, you’re given a 6-month visa (the form you sign and hand in after exiting the plane). To “renew” your visa all you need to do is leave for a day and fly back in again!
Here is a flight example from your nearest airport to Mexico:
Having a passport opens up so many different opportunities. You're able to travel without the hassle of applying for visas or overpaying for flights, and you're able to transfer money and goods from one country to the next easily. You even might be able to own two properties in different countries with two passports. Plus, the ability to have citizenship in another country can help protect you from corrupt government officials, economic issues in your home country, and more.
We hope you’ve found this article on The Easiest Top 5 countries to get a residency visa helpful. If you have any questions or need more information, please contact us. We are here to help! Get Lost, Make Friends, #STYCNCTD
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