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CBI vs Golden Visa · 2026 Q3 Edition

Citizenship vs Golden Visa, compared

Citizenship by investment delivers a passport; a Golden Visa delivers the right to live, and can carry a published path to one. Compare the ranked programmes of both kinds on cost, mobility, speed and outcome; there is no universal winner.

79Ranked programmes
79Ranked overall
7Published dimensions
2026-Q3Dataset edition
2026 Q3 Edition · updated 2026-09-22 Figures verified against official sources · provenance-tracked · information, not advice Data via our MCP

The guided chooser

Which programmes match the criteria you weight?

Filter and re-rank the table below by the priority that matters most to your family. Each preset re-sorts on the matching published dimension of the Mirabello Index; the default order is the Index ranking. A metric lead is not a recommendation, and there is no universal winner.

#ProgrammeTypeFromProcessingMobilityOutcomeIndex
1🇰🇳 St. Kitts and NevisCitizenship$250,0004-6 months157 visa-freePassport89.4
2🇦🇬 Antigua and BarbudaCitizenship$230,0004-7 months154 visa-freePassport86.9
3🇩🇲 DominicaCitizenship$200,0004-6 months145 visa-freePassport85.5
4🇱🇨 Saint LuciaCitizenship$240,0004-5 months144 visa-freePassport85
5🇲🇹 Malta Global Residence Programme (GRP)Residency€220,0003-6 monthsVisa-free travel within Schengen AreaResidence permit84.6
6🇦🇲 Armenia ResidencyResidencyn/aUp to 30 days from submission for the residency decisionArmenia residence onlyResidence permit84.5
7🇬🇩 GrenadaCitizenship$235,0006 months147 visa-freePassport84.4
8🇬🇷 Greece Golden VisaResidency€250,00090 days statutory maximumSchengen AreaResidence permit83.1
9🇧🇷 Brazil Residence by InvestmentResidencyBRL 700,000n/aBrazil residence onlyResidence permit82.8
10🇺🇸 USA EB-5 Investor VisaResidency$800,000Rural TEA reserved: 6-12 monthsUnited States residence onlyResidence permit82.7
11🇲🇹 Malta Permanent Residence (MPRP)Residency€99,000No fixed official timeframeVisa-free travel within Schengen AreaResidence permit82.2
12🇲🇾 Malaysia MM2HResidency$150,000Approximately 2-3 months after complete document submission .Malaysia residence onlyResidence permit82.1
13🇵🇦 Panama Qualified Investor ResidencyResidency$300,000Article 15 of Decree 17 sets maximum service standards: up to 15 business days for the Ministry of Commerce and Industries to issue the investment certification once the file is admitted, and up to 30 business days for the Servicio Nacional de Migracion to decide the application once the complete file is received. Advisers commonly report an overall 30 to 90 days in practice.Panama residence onlyResidence permit81.5
14🇬🇪 Georgia Residence by InvestmentResidency$150,000n/aGeorgia residence onlyResidence permit80
15🇨🇾 Cyprus Permanent ResidencyResidency€300,0004-6 monthsEU member stateResidence permit79.9
16🇮🇹 Italy Investor VisaResidency€250,000Approximately 3-6 months end to end; nulla osta decision by law within 30 days of a complete applicationVisa-free travel throughout the Schengen AreaResidence permit78.7
17🇲🇺 Mauritius ResidencyResidency$375,0002-6 monthsMauritius residence onlyResidence permit77.7
18🇵🇹 Portugal Golden VisaResidency€250,00012-18 monthsSchengen AreaResidence permit77.6
19🇱🇻 Latvia Golden VisaResidency€60,000Approximately 2-4 monthsVisa-free short-stay travel throughout the Schengen AreaResidence permit76.1
20🇻🇺 VanuatuCitizenship$130,00045-60 days90 visa-freePassport75.9
21🇲🇽 Mexico Residence by InvestmentResidency$300,000n/aMexico residence onlyResidence permit73.2
22🇳🇷 NauruCitizenship$90,0003-4 months86 visa-freePassport72.5
23🇨🇷 Costa Rica Investor ResidencyResidency$150,000Approximately 6-12 months from filing to resolutionCosta Rica residence onlyResidence permit72
24🇦🇪 UAE Golden VisaResidencyAED 2,000,0002-3 monthsUnited Arab Emirates residence onlyResidence permit71.6
25🇸🇹 São Tomé and PríncipeCitizenship$90,0006-8 weeks61 visa-freePassport71.1
26🇪🇬 EgyptCitizenship$250,0002-4 months51 visa-freePassport70.1
27🇯🇴 JordanCitizenship$493,000Approximately 3-6 months for the citizenship route52 visa-freePassport68.7
28🇨🇻 Cape Verde Residence by InvestmentResidency€80,000Approximately 2-4 weeks from a complete submissionCape Verde residence onlyResidence permit67.9
29🇸🇱 Sierra LeoneCitizenship$140,000around 90 days62 visa-freePassport67.5
30🇲🇻 Maldives Pearl ResidenceResidency$250,000Maldives residence onlyResidence permit65.6
31🇧🇸 Bahamas Residency by InvestmentResidency$1,000,000Approximately 3-6 months under the streamlined processBahamas residence onlyResidence permit64
32🇸🇦 Saudi Arabia Premium ResidencyResidencySAR 800,00060-90 business days for review; 2-4 weeks for card issuance after approvalSaudi Arabia residence onlyResidence permit63.9
33🇴🇲 Oman Golden VisaResidencyOMR 200,0003-6 weeksOman residence onlyResidence permit58.9
34🇹🇷 TurkeyCitizenship$400,000Approximately 3-6 months from complete application to citizenship114 visa-freePassportnull
35🇪🇨 Ecuador Investor ResidenceResidency$48,200~60 days from application to approvalEcuador residence onlyResidence permit87.6
36🇦🇱 Albania Residence by InvestmentResidency€100,000Approx. 10-25 working days for the residence-permit decision once documents are completeAlbania residence onlyResidence permit85.4
37🇵🇪 Peru Investor ResidenceResidency$130,000Approx. 30 business days for the Migraciones decision once the file is complete ; total project timePeru residence onlyResidence permit83.7
38🇭🇳 Honduras Investor ResidenceResidency$50,000Honduras residence onlyResidence permit82
39🇯🇵 Japan Business Manager VisaResidency¥30,000,000Approximately 1-3 months for the residence-status examination once a complete application is filed. A Certificate of EligibilityJapan residence onlyResidence permit81.7
40🇸🇮 Slovenia Business ResidenceResidency€50,000n/aYesResidence permit81.7
41🇬🇬 Guernsey Investor ResidenceResidency£200,000Adviser/market guides: Open Market property identification ~4-12 weeks; conveyancing ~8-16 weeks; Housing Licence & Population Management registration ~2-6 weeks post-completion, total end-to-end to arrival typically ~4-7 months.Guernsey residence onlyResidence permit81.1
42🇰🇭 Cambodia My Second Home (CM2H)Residency$50,0004-6 monthsCambodia residence onlyResidence permit80.7
43🇷🇸 Serbia ResidenceResidency€50,000Statutory decision deadline 30 days from a complete application; in practice ~30-60 days. Residence card ready ~10 working days after biometrics.Serbia residence onlyResidence permit80.7
44🇦🇮 Anguilla Residence by InvestmentResidency$150,000Approximately 3 months to approvalAnguilla residence onlyResidence permit80.6
45🇬🇹 Guatemala Investor ResidenceResidency$100,000Approximately 2-6 months from complete submissionGuatemala residence onlyResidence permit79.3
46🇨🇴 Colombia Migrant Investor VisaResidency$191,930Approximately 2-6 weeks from a complete online application; visa decisions are issued electronically by the Visa Authority.Colombia residence onlyResidence permit78.1
47🇸🇻 El Salvador (Freedom Visa)Citizenship$1,000,000Government online review reported at up to ~6 weeks; advisory pages cite 6-8 weeks end-to-end including a ~30-45 day due-diligence window and passport issuance.135 visa-freePassport78
48🇹🇼 Taiwan Investment ResidenceResidencyTWD 15,000,000Investment approvalTaiwan residence onlyResidence permit77.1
49🇪🇪 Estonia Business ResidenceResidency€65,000Decision within 90 daysEstonia is an EU member and full Schengen Area member; the residence card permits visa-free travel across the Schengen AreaResidence permit76.3
50🇩🇴 Dominican Republic Residence by InvestmentResidency$200,000n/aDominican Republic residence onlyResidence permit75.6
51🇲🇸 Montserrat Economic ResidenceResidencyXCD 400,000n/aMontserrat residence onlyResidence permit75.6
52🇧🇬 Bulgaria Investor Permanent ResidenceResidency€512,000Approximately 3-7 months from application to permanent-residence card in handBulgaria is an EU member and a Schengen Area memberResidence permit75.2
53🇰🇪 Kenya Class G Investor PermitResidency$100,000Approximately 3-6 months for a complete and accurate applicationKenya residence onlyResidence permit75
54🇭🇷 Croatia Business ResidenceResidency€26,545Typically several weeks to a few months for the stay-and-work permit decision; company formation adds time.Visa-free travel throughout the Schengen AreaResidence permit74.2
55🇫🇯 Fiji Investor ResidenceResidencyFJD 250,00021 working daysFiji residence onlyResidence permit73.6
56🇰🇷 South Korea Investment ImmigrationResidencyKRW 1,000,000,000Approximately 3-4 months from complete application to F-2 issuanceSouth Korea residence onlyResidence permit71.6
57🇨🇱 Chile Investor ResidenceResidency$500,000Official pages do not publish a fixed SERMIG decision time; investor/InvestChile-sponsored files are prioritised but timelines vary.Chile residence onlyResidence permit70.9
58🇿🇦 South Africa Business VisaResidencyZAR 5,000,0002 monthsSouth Africa residence onlyResidence permit70.7
59🇲🇪 Montenegro Residence by InvestmentResidency€150,000~40 days from a complete applicationMontenegro residence onlyResidence permit70
60🇨🇼 Curaçao Investor ResidenceResidency$281,000n/aCuraçao residence onlyResidence permit69.7
61🇹🇨 Turks & Caicos Permanent ResidenceResidency$300,000n/aTurks & Caicos Islands residence onlyResidence permit69.7
62🇱🇺 Luxembourg Investor ResidenceResidency€500,000n/aHolders of a Luxembourg residence permit may travel visa-free within the Schengen AreaResidence permit69.2
63🇳🇦 Namibia Residence by InvestmentResidency$300,000~3 monthsNamibia residence onlyResidence permit68.5
64🇳🇿 New Zealand Active Investor PlusResidencyNZD 5,000,0004 months to approval in principleNew Zealand residence onlyResidence permit65
65🇶🇦 Qatar Residence by InvestmentResidencyQAR 730,000Typically 1-3 months end-to-endQatar residence onlyResidence permit63.6
66🇵🇭 Philippines SRRVResidency$15,000Approximately 1-2 months from the date PRA receives the complete application package and the time deposit.Philippines residence onlyResidence permit63
67🇻🇳 Vietnam Investor VisaResidency$115,500n/aVietnam residence onlyResidence permit61.5
68🇧🇭 Bahrain Golden ResidencyResidencyBHD 130,0005 working days for property owners, employeesBahrain residence onlyResidence permit61
69🇨🇿 Czechia Residence for InvestmentResidencyCZK 75,000,000n/aCzech residence card permits visa-free short-stay travel throughout the Schengen AreaResidence permit57.2
70🇸🇬 Singapore Global Investor ProgrammeResidencySGD 10,000,000Approximately 12 months for a GIP application to be processed, subject to complete document submission and due-diligence checks.Singapore residence onlyResidence permit55.5
71🇳🇬 Nigeria Investor VisaResidency$250,000, NIS pages state the visa is valid 90 days from issuance but do not state an adjudication timelineNigeria residence onlyResidence permit53.7
72🇷🇼 Rwanda Residence by InvestmentResidency$250,000n/aRwanda residence onlyResidence permit51.4
73🇰🇾 Cayman Islands Residence by InvestmentResidencyKYD 1,000,000R41: approximately 4 months. R42: approximately 3-6 monthsCayman Islands residence onlyResidence permit51.1
74🇸🇨 Seychelles Permanent ResidenceResidency$1,000,000n/aSeychelles residence onlyResidence permit51
75🇮🇩 Indonesia Golden VisaResidency$350,000No fixed statutory SLA published; Golden Visa marketed as streamlined/priority immigration handling. Advisory estimates commonly cite a few weeks once documents and funds are in place.Indonesia residence onlyResidence permit49.2
76🇱🇰 Sri Lanka Golden Paradise Residence VisaResidency$200,000n/aSri Lanka residence onlyResidence permit41.4
77🇭🇰 Hong Kong CIESResidencyHKD 30,000,000No single official end-to-end figure is published; practitioners typically estimate several months from Net Asset Assessment approval to investment completion and grant of stay, Hong Kong SAR China residence onlyResidence permit38.4
78🇦🇩 Andorra Passive ResidenceResidency€400,000The applicant undertakes, when filing, to complete the investment within six months, extendable by a further six months where force majeure or the fault of a third party prevented itAndorra residence onlyResidence permit37.1
79🇰🇼 Kuwait Investor ResidencyResidencyKWD 5,000,000Kuwait residence onlyResidence permit23.6

Generated from the Mirabello verified programme dataset, 2026 Q3 Edition. Only programmes with rank_status "ranked" appear here; provisional and reference entries are tracked in the full Index.

Query this data live, for AI agents and developers:Mirabello MCP·REST API·JSON·CSV

Three answers, then a shortlist

Indicative routing only, never an eligibility determination. The AI assessment maps your answers against all 98 tracked programmes.

Methodology and integrity

How we compare these programmes

Each programme is scored 0-100 on seven dimensions, combined into a weighted composite. Where a dimension has no verified data it is excluded and the remaining weights are re-normalized (see data_completeness). The full weights, dimension definitions and official-source hierarchy are published on the Index methodology page. This comparison is rules-based: it reports where each programme leads on published criteria, and it does not recommend one programme over the other, because there is no universal winner.

Reviewed by Vito Magagnino, Chief Executive Officer, Mirabello Consultancy Last updated 2026-09-22 2026 Q3 Edition Corrections policy: mail@mirabelloconsultancy.com

Generated from the Mirabello verified programme dataset, 2026 Q3 Edition.

Query this data live, for AI agents and developers:Mirabello MCP·REST API·JSON·CSV

Head-to-head

Compare two programmes directly

Every pair page compares the two programmes metric by metric on the same verified dataset, with per-row sources, family cost computation where verified fee schedules exist, and the observatory change log for both.

Questions

Frequently asked

Which investment-migration programme currently ranks highest on the Mirabello Index?

On the current 2026 Q3 Edition, St. Kitts and Nevis holds the highest composite in this table (89.4 / 100). The ranking is rules-based against published, weighted criteria; it is not a recommendation and there is no universal winner, because the right programme depends on the criteria you weight.

How is the ranking calculated?

Each programme is scored 0-100 on seven dimensions, combined into a weighted composite. Where a dimension has no verified data it is excluded and the remaining weights are re-normalized (see data_completeness). The full weights and dimension definitions are published on the Index methodology page, and every headline figure carries field-level provenance with a verification date.

What do these programmes cost?

Published minimums in this table run from $15,000 upwards, before government fees per family member. Family totals differ materially by programme; the pair pages linked below compute government-side family costs from published fee schedules where verified data exists.

Which programme is fastest?

On published processing scores in the current dataset, Armenia Residency currently leads this table on the speed dimension. Published timelines are indicative lower bounds; individual files vary with due diligence and documentation.

Can these figures change?

Yes. Governments amend thresholds, fees and rules; verified changes are recorded in the public Mirabello observatory change log with official sources, and this page regenerates from the dataset each edition. Verify time-sensitive figures against the linked official source.

Need help choosing?

A confidential, no-obligation conversation with a Mirabello specialist, in your language, on the verified figures.

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Mirabello Consultancy provides information and advisory services on investment-migration programmes. Figures on this page are indicative, verified against official sources and provenance-tracked; they are informational only, not an eligibility determination and not legal, tax, immigration or investment advice. Programme terms change; confirm the detail with a specialist and seek independent advice where appropriate.

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