Are there any drawbacks unique to citizenship by investment?

Yes.

First, citizenship by investment tends to be the only category of naturalization in which countries lawfully (i.e. not just at the whim of a dictator) strip an applicant of citizenship for alleged misconduct AFTER obtaining the citizenship. Generally, with other forms of naturalization, once you naturalize, your citizenship is safe besides in very narrow circumstances such as a) fraud in obtaining the citizenship, or b) treason/terrorism.

Second, citizenship by investment is under attack by the west. Your visa-free access via citizenship by investment could be cut down, as the EU did with Vanuatu in 2022.

Citizenship by investment is still fantastic for those with the means and sometimes the only option for someone wanting second citizenship. But, a client needs to know the risks and downsides.

The vast majority of citizenship by investment agents and “consultants” (i.e. salesmen) will never bring up such downsides or even acknowledge they exist.

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