Bolivia presents a mixed landscape for international investors and those seeking residency or citizenship in the country. Rich in natural resources like natural gas, lithium, and silver, it offers substantial opportunities, especially in mining and energy sectors. The government’s focus on infrastructure and industrialization, including the development of its lithium reserves, is appealing for foreign investment. However, challenges persist due to political instability, regulatory uncertainties, and a complex business environment. Bolivia’s strategic location in South America also provides logistical advantages for trade.

Bolivia Residency and Citizenship

Bolivia has no formal residency investment or citizenship by investment route. Foreign investors are restricted from purchasing real estate across all rural areas within a 50km perimeter inside the country. There are still some options available through real estate investment, but it is well worth keeping these restrictions in mind.

There is also the option to partner with and invest in a Bolivian company, one that must be operational and must have other shareholders it is beholden to. The applicant will in this case need to pay the 37.5% Bolivian corporate tax.

Finally, there is the option of investment into an Accidental Society, a commercial business arrangement for the purpose of fulfilling a specific project. It requires the applicant to reside in Bolivia and can involve a difficult application process.

Bolivia Passport Strength and Ranking

Even if Bolivia were to offer a Citizenship by Investment programme, it would have difficulty attracting investors due to its fairly weak passport. The Bolivian passport offers visa-free access to just 95 countries worldwide. In terms of access for investors, it offers visa-free access to 18% of the world’s wealth (as measured by GDP) and 25.5% of the global travel popularity. It ranks 118th overall in La Vida’s comprehensive Global Passport Ranking.

Investors looking for a second citizenship are advised to consider some of the Caribbean citizenship investment programs available such as those of St Kitts and Grenada.

 

Citizenship and Residency by Investment Programmes

See below a selection of countries offering residency and citizenship investment programmes.