Central African Republic

Despite the Central African Republic’s significant mineral deposits, uranium reserves, and crude oil, the nation remains among the ten poorest countries in the world. Additionally, the country has been embroiled in a civil war for the past decade with no sign of resolution. As a result, investors may consider exploring alternative options in other countries to acquire second citizenship or residency.

CENTRAL AFRICAN REPUBLIC CITIZENSHIP BY INVESTMENT

Currently, the Central African Republic does not offer a citizenship by investment programme. Nevertheless, the government intends to introduce a new crypto citizenship programme. Under this scheme, citizenship could be acquired by locking a fixed collateral of SANGO Coins worth $60,000 for a duration of 5 years. Upon the conclusion of the period, the SANGO Coins would be returned to the owner.

However, the provision of citizenship in exchange for the acquisition of Sango Coin is not explicitly outlined in the country’s citizenship law. Moreover, due to the lack of visa-free travel benefits, the price point is unrealistically high. Therefore, investors would be wise to explore alternative options instead, such as the Caribbean CBI programmes.

CENTRAL AFRICAN REPUBLIC RESIDENCY BY INVESTMENT

The Central African Republic currently does not provide any residency by investment options. Residency by investment, commonly referred to as Golden Visa programmes, allows foreign investors to secure a long-term residency visa by making a significant investment in a country, usually through real estate or government bonds. Numerous European countries offer such programmes. As alternative options, investors could contemplate initiatives such as the Spanish Golden Visa programme, which offers Spanish residency in exchange for a real estate investment.

CENTRAL AFRICAN REPUBLIC PASSPORT STRENGTH AND RANKING

The passport of the Central African Republic is considered one of the least powerful passports globally. With access to only 61 countries, which represents 4.1% of global GDP and 7.2% of worldwide travel, it holds the 182nd position in La Vida’s comprehensive Global Passport Ranking. This ranking highlights the limited global mobility and economic opportunities for potential citizens.

Stronger passports can be obtained through various citizenship by investment programmes. For example, the Dominica passport ranks 65th, offering substantially greater global travel freedom, making it a preferred citizenship option for high-net-worth individuals.