Odd that neither Australia nor NZ figure on the list since both do this (passport for cash, ie citizenship pathways for entrepreneurs) and both are heavily used (China) and both are occasionally pointed to (Peter Thiel?)
The US is unusual (perhaps unique) in that most rich countries don't ask you to pay taxes on your worldwide income.
So if you have a lot of passive income -- almost the definition of rich -- then you would prefer England or Canada over the US.
Someone might make a comparison of London and Vancouver real estate but there are so many other factors that I am not sure that is useful, but it might be indicative.
One's desire to obtain Citizenship may have a very different set of motivations than one's desire to obtain Residency.
I was just pointing out that the US would not top the list if it did.
It requires you to be accepted through an application (no criminal / health problems) and to 800k loan interest-free to the government for 5 years. You also need business experience and at least 1,6m$ in legally-acquired assets.
Maybe Australia also have other criteria ? I think countries on that list don't ask many questions...
Pretty bad "article" overall. It could've offered so much more information :(
They offer _residency_ visas, not citizenship. Once you are a permanent resident, you can apply for citizenship once you fulfill the residency requirements (3 years over the last 5 in the case of Canada), but the article is about countries that offer citizenship _outright_.
There are some countries where a residency visa does not allow one to do so no matter how long you spend in the country.
Normally once you have the PR, you only need to spend the required time here and pay the fees to get the full citizenship. It's pretty straight forward (Friends are in the process)