San Marino (SM)

Jurisdiction Overview

IDQuestionAnswer
489 *Citizenship-By-Investment and Residency-By-Investment Schemes: Can individuals acquire citizenship, passports or residency status in exchange for an investment or another payment without a prior requirement to spend more than 2 years in the jurisdiction? Yes
 Data Date: 2019

Notes

 
San Marino offers residence permits against an investment of 500.000 Euros in real estate or 600.000 Euros in government bonds. According to the website of the chamber commerce: “Elective residency is granted to a foreigner who satisfies the following conditions: a) purchase of a building or part of a building to be used for residential purposes of the applicant or of his family for a price of not less than €500,000 […]; or b) a 10-year non-interest bearing and secured deposit of no less than €600,000 in securities issued by the State of San Marino or in a fund specifically created by the State”.

Sources

https://www.agency.sm/en/live-in-san-marino/elective-residency
 
https://best-citizenships.com/2018/12/16/san-marino-economic-residence-by-investment/