Few foreign investors know the knack of acquiring citizenship by making a bond investment (state issued securities). Only a handful of countries offer instant citizenship and passport for buying government debt in the form of treasury bills, bonds, securities and certificates.  For example, Turkey and St Lucia offer citizenship in exchange for investment  treasury bonds starting from $300,000 investment. The Government issues bond certificate which, promises to payback the bearer the full sum after lockout period of five years without interest. This interest is used by government for development of the nation. These are risk free investments, giving a peace of mind to investor. Investors and their family family members enjoy uninterrupted citizenship for life after receiving their moneyback from the state.

Governments raise money for public debt in the form of treasury bonds issued to banks, investors and companies. T-Bonds (Treasury bonds) are long term debt instruments valid over 5 years to 10 years. A government security is a bond issued by a government with a promise of repayment at maturity. These come with fixed interest rates payable at maturity.

Direct fast track citizenship and passport is possible for buyers of Government debt in the form of bonds without interest with 5 year holding period.

CBI Bonds

These countries offer citizenship for treasury bonds.  Passport and citizenship approved within 3-4 months.

Citizenship by Investment (CBI) Government bonds/securities
Cyprus closed (€2 million – Govt bonds removed from 15th May 2019)
St Kitts and Nevis Not Available
Dominica Not Available
Grenada Not Available
St Lucia USD 300,000 National Govt bonds no interest (fully refundable) for 5 years
Vanuatu AUD 180,000 (no interest locked for 2 years) closed
Turkey Yes (USD 500,000 Govt bonds or treasury securities)
North Macedonia EUR 200,000 (securities and bonds)
Bulgaria  EUR 1 million  closed
Jordan USD 1.5 million (Treasury securities)

T-Bill – Treasury bill
T-Bond – Treasury Bond

Golden visa

These countries offer instant residence or golden visa in exchange for investment in government securities, bonds and bills. Residence visa approved within 3-6 months.

Golden visa State bonds
Spain €2m
Portugal €1.5m closed
Italy €2m
Luxembourg €500,000
Bermuda USD 2.5 million
Canada C$1.2m Quebec IIP closed
United Kingdom  £2m  closed
Ireland €2m
Greece €400,000
Bulgaria €512,000 closed
Latvia €250,000 (interest free)
Malta  €250,000 closed
Australia AU$ 1.5m
New Zealand NZ$ 3m