Eritrea

Eritrea may not present an attractive outlook for international high net worth investors considering a second passport and citizenship. Despite its unique cultural heritage and historical significance, the East African nation faces challenges such as political instability and human rights concerns. Eritrea may not be the optimal choice for investors seeking stability and favourable conditions. Exploring alternative options with more robust governance and infrastructure might better align with their goals.

ERITREA CITIZENSHIP INVESTMENT

Eritrea presently lacks a structured citizenship by investment programme. Such programmes enable individuals to obtain second citizenship through qualifying investments, providing advantages such as visa-free travel and financial flexibility. Numerous countries, including various Caribbean islands, offer CBI programmes. One such programme increasing in popularity is that of Dominica.

ERITREA RESIDENCY INVESTMENT

Eritrea does not currently have a structured residency by investment programme, necessitating foreign individuals to follow traditional immigration procedures for residence. A variety of alternative investor visa options exist. For residency foreign investors could consider countries with golden visa programmes in Europe such as Portugal, Greece or Spain.

ERITREA PASSPORT STRENGTH AND RANKING

Eritrea holds a low position in La Vida’s Global Passport Ranking, standing at 183. If the country were to introduce a citizenship by investment programme, foreign investors would gain visa-free access to a mere 23.3% of countries, constituting just 7.3% of global travel.