San Marino

For the global high net worth investor contemplating a second residence, San Marino beckons with its historic charm, economic stability, and picturesque landscapes. From the medieval allure of San Marino City to the tranquil surroundings of Mount Titano, the real estate market offers opportunities. Government incentives further enhance the appeal, providing avenues for residency amidst a blend of ancient tradition and contemporary progress.

SAN MARINO CITIZENSHIP INVESTMENT

San Marino currently does not have a formal citizenship by investment programme, indicating the absence of a structured initiative allowing individuals to attain citizenship through direct financial investment. Acquiring citizenship in San Marino follows conventional legal processes, without specific provisions for obtaining it through economic contributions. The path to citizenship through naturalisation is very slow. Investors looking for a faster, second citizenship solution are advised to consider alternative options such as Dominica’s Citizenship by Investment programme.

SAN MARINO RESIDENCY INVESTMENT

San Marino extends residence permits to foreign investors through the Active Investor Visa, available to those establishing or acquiring a company in the country. The visa requires a continuous presence in San Marino for 270 days per year and can lead to permanent residency after a decade. Citizenship becomes an option after 30 years of sustained residence, necessitating the renunciation of one’s original nationality. Investors can also obtain Economic Residence permits by purchasing a property valued at €500,000. These permits are initially valid for one year and can be renewed subsequently.

SAN MARINO PASSPORT STRENGTH AND RANKING

San Marino holds a prominent position in La Vida’s Global Passport Ranking, ranking third among the most powerful passports. The introduction of a citizenship by investment programme in San Marino would undoubtedly be popular. San Marino’s passport provides visa-free access to 79.7% of the world’s countries, encompassing 95.6% of global travel destinations. In terms of global GDP access, San Marino holds the highest ranking passport in the world, with access to 96.1% of the world’s wealth. Notable destinations in this list include UK, Portugal, Vanuatu, Malta, and all five Caribbean countries offering citizenship by investment.