Buy citizenship of Mauritius for $1 million

9/7/2018 8:50:37 AM

Mauritius, recently elected ‘the most peaceful country’ in Africa, sells its citizenship for $1 million. Applicants will pay $100,000 for each dependent and spouse, and applicants will also pay $50,000 per passport for family members. 

Becoming a citizen of Mauritius means you can live in and travel to and from the island economy freely. You will be the citizen of a country that has tourism as its main source of foreign currency. A stable democracy that ranks 25th in the World Bank's Ease of Doing Business index.

About half of the money that new citizens pay, will be used to boost the country's sovereign wealth fund. According to AllAfrica, the decision was announced during the country's 2018 budget. Not everybody in Mauritius agrees with the new policy of the government. Some argue that the country’s citizenship has been reduced to a commodity.

Mauritius is not the only country that offers its ‘passport’ for big money. Other countries offer Citizenship by Investment (CIP) programmes where a second passport will cost as much as $200,000.

Further reading on allafrica.com

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