Citizenship and Residency by Investment Programmes
See below a selection of countries offering residency and citizenship investment programmes.
Micronesia
The Pacific island nation of Micronesia, offers high net worth foreign investors an untapped frontier for sustainable development. Formed from over 600 islands, it is known for its pristine landscapes and diverse marine life. The country presents opportunities in eco-tourism, fisheries, and renewable energy projects. With a stable political environment, strategic location, and potential for responsible investment, Micronesia provides a unique chance to contribute to the region’s growth while enjoying the natural beauty and cultural richness. Engaging in socially responsible ventures aligns with the nation’s commitment to environmental preservation and community well-being.
Micronesia Citizenship Investment
Currently there is no formal residency or citizenship by investment programme offered by Micronesia. Such programmes allow individuals to obtain citizenship or residency rights in select countries through substantial investment. This investment most often is in real estate, national development funds, or local businesses. These programmes can be found elsewhere, such as in the island nations of the Caribbean.
Dual Citizenship in Micronesia
Dual citizenship is prohibited by Micronesia, forcing those recognised as a citizen of another nation to renounce this second citizenship. An amendment to repeal this was proposed in 2004, but ultimately did not pass.
Micronesia Passport Strength and Ranking
Ranked at 74th on La Vida’s comprehensive Global Passport Ranking, Micronesia has a robust passport. It offers visa-free access to 132 countries worldwide, making for access to 59.6% of world wealth (GDP) and 65.5% of worldwide travel. Were the country to adopt a citizenship by investment programme and drop its restrictive citizenship requirements, it could be a valuable offer to high net worth investors. As of right now, there are alternatives worth considering.
For a stronger second passport then Antigua citizenship is one such possibility or alternatively the Dominica passport. Both these countries offer citizenship by investment programmes. One other such alternative and the only citizenship investment programme in the south Pacific is Vanuatu.
