Suriname

For the global high net worth investor exploring a second residence, Suriname offers economic opportunities, cultural diversity, and natural beauty. Its diverse economy includes mining, agriculture, and energy sectors. While the nation has significant natural resources, such as gold, oil, and bauxite, it has faced economic challenges, including high public debt and inflation which may pose risks to investors.

SURINAME CITIZENSHIP INVESTMENT

Presently, Suriname does not have a well-defined Citizenship by Investment initiative, signifying the absence of a formal programme that allows individuals to obtain citizenship through direct financial investment. The process of acquiring citizenship in Suriname adheres to traditional legal procedures, lacking designated provisions for obtaining it through economic contributions. For those simply looking for a second passport investment, Caribbean countries such as St Lucia offer citizenship by investment from just $100,000, plus fees.

SURINAME RESIDENCY INVESTMENT

Residency is possible however not through investment. A temporary residence permit must be acquired initially, followed by the option for foreigners to obtain residency. The residency status is valid for up to 2 years and requires renewal. After a continuous stay of 5 years, individuals can then apply for citizenship through the naturalization process. More enticing residency by investment programmes exist such as the Spanish Golden Visa programme.

SURINAME PASSPORT STRENGTH AND RANKING

Suriname ranks on La Vida’s Global Passport Ranking at 114. If it were to offer second citizenship, foreign investors would receive visa-free access to 40.1% of countries representing 26% of global travel. These countries include Turkey, Vanuatu, Malaysia and all five citizenship by investment Caribbean countries.