The EU's 'Golden Passport' Era Ends: Alternative Investment Citizenship Paths for 2026.

EU Citizenship via Investment: A Closing Window

According to Novyny.live: For Ukrainians and other foreign nationals, European Union citizenship has been accessible through various investment schemes. However, these 'Citizenship by Investment' programs have undergone major reforms since 2020. A widespread phase-out across Europe began that year, and by 2026, these specific EU pathways are effectively closed, limiting options for foreign investors seeking a European passport.

Where Can You Still Acquire Citizenship by Investment?

Several European nations still offer residency leading to citizenship, but with significant investment and residency requirements. France mandates an investment starting at €300,000 and a minimum five-year residence period. Greece requires a €250,000 investment coupled with seven years of residency. Cyprus also sets its investment threshold at €300,000, demanding an eight-year stay. Other countries like Portugal and Italy ask for investments from €250,000, but impose a lengthy ten-year timeline before citizenship can be obtained.

Outside of Europe, several nations continue to offer direct citizenship-by-investment programs. For instance, Dominica and Antigua and Barbuda offer citizenship for investments starting at $100,000. Vanuatu's program is available for $130,000, while Grenada's scheme requires a minimum investment of $150,000.

Additional requirements for securing citizenship in some jurisdictions include holding medical insurance with coverage of at least €30,000 and possessing a biometric passport for entry into Slovakia in 2026. It is also important to note that, as of March 2026, dual citizenship is only formally recognized with the United States, Poland, the Czech Republic, Germany, and Canada.

The recent overhaul of European investment citizenship schemes jeopardizes a traditional route to naturalization for foreigners, including Ukrainians. The termination of these programs in most EU nations may lead to reduced investment inflows and impact regional economies. Conversely, other countries that continue to offer such opportunities are likely to become more attractive destinations for those seeking alternative citizenship options.