For people looking to have more control of their wealth than their current nation of residence allows, acquiring citizenship elsewhere is a great option. However, it is not ideal to consider obtaining second citizenship if it means having to denounce the citizenship of your original country. It is not always a bad thing to switch passports, but it depends on which country you are looking to move to. In today’s world where technology is king, moving around is part of life for many people so that you can maintain the global competitiveness of the current cut-throat market.

While the list of countries that allowdual citizenshipcontinues to grow, several countries still do not have laws that allow for dual citizenship. Having multiple nationalities in these countries is strictly forbidden. Some countries allow dual citizenship but are beginning to investigate and prosecute the citizens that have multiple nationalities.

Below are some nations that currently allow dual citizenship.

Albania

Albania allows its citizens to obtain citizenship from other nations.

Australia

The government of Australia allows its citizens to hold citizenship for multiple nations on condition that they are involved in the process. The rule is also subject to Australians who got their citizenship through naturalization, such as through marriage.

Barbados

Barbados allows her citizens to obtain a second nationality. The government even encourages those living oversees to acquire citizenship.

Bangladesh

If you are considering obtaining naturalized citizenship in Bangladesh, you may need to be careful not to be jailed during the first five years of your stay. This South Asian nation has legislation that voids your naturalization if you are arrested in the first five years of your stay. However, Bangladesh citizens do not stand the risk of losing their citizenship, even when obtaining another country’s nationality.

Belgium

In the recent past, Belgium was among the easiest nations in which to obtain dual citizenship. In fact, if you managed to keep your record clean and established ties with citizens of the country, you could become a citizen of Belgium in three years. While it now takes much longer to obtain citizenship in Belgium, its citizens are eligible for dual citizenship. The law that allows dual citizenship in Belgium was instituted in 2008.

Bulgaria

People who are Bulgarian citizens by birth are entitled to obtain citizenship from many countries without having to relinquish their Bulgarian citizenship. Citizens of other nationalities who had abandoned their Bulgarian citizenship are allowed to regain it. However, those wishing to be naturalized as Bulgarians have to renounce the citizenship of their former countries upon acquiring a Bulgarian passport.

Canada

Due to Canada’s proximity to the U.S, some Canadians were actually born in the States and are not aware they hold dual citizenship. Canada allows its citizens to obtain dual citizenship and is encouraging Canadians to take advantage of their dual citizenship.

Chile

Chile allows dual citizenship despite most people believing the opposite.

Costa Rica

This country in Central America is one of the countries that have the most complex process of naturalization. However, it is quite easy for Costa Ricans to obtain dual citizenship.

Croatia

Citizens of Croatia who acquired their citizenship through birth may hold multiple nationalities. However, to become a Croatian citizen through naturalization, one must renounce their citizenship or be willing to do so before they can be offered citizenship.

Cyprus

Cypress markets its economic citizenship program, an expensive way to become a Cyprus citizen through naturalization. It is only logical that Cyprus allows its citizens to obtain multiple nationalities.

Czech Republic

After the political players in the Czech Republic toiled so hard to forbid foreign citizens from acquiring citizenship in the country, the law that now allows citizens to hold multiple citizenship was instituted in 2014. The law was put in place as part of the country’s efforts to align itself with the rules and regulations of the European Union. The law also allows people who lost their Czech citizenship to reinstate it.

Denmark

Denmark citizens have been unable to obtain dual citizenship for a long time. However, since 2015, Denmark citizens can now acquire citizenship from multiple nations.

Egypt

The Egyptian government allows its citizens to acquire citizenship from multiple countries. People willing to obtain dual citizenship are, however, required to notify the relevant authorities first. Citizens who successfully acquire multiple citizenship must also give that information to the relevant authorities of their intent to retain their Egyptian citizenship within a period of 12 months. Those who enroll for multiple citizenships are barred from joining police and military academies. They are also barred from vying for any parliamentary seat in Egypt.

Finland

Finland's citizens are allowed to obtain multiple citizenship as of 2003. Those who had lost their citizenship before the law was instituted are also entitled to reinstate their citizenship status. Those who wish to obtain Finland citizenship through naturalization are also allowed to retain their original citizenship.

France

French citizens are allowed by their law to obtain citizenship for more than one other nationality. The French government has even denounced a European Council proposal to limit the offering of multiple citizenship.

Germany

German citizens were, not so long ago, allowed by their newly instituted law to hold multiple citizenships. However, the law isonly applicable to young people.

Greece

Greek citizens are also allowed to obtain multiple nationalities. However, relinquishing the citizenship of Greece is on the condition that you complete any military requirement. While the Greek government does not encourage it, it is possible to initially obtain a second residency in the country than work towards becoming a citizen.

Hungary

Hungary does allow her citizens to acquire multiple citizenships.

Iceland

Iceland‘s laws on dual citizenship are identical to those of Finland. They also allow their citizens to obtain more than one nationality.

Ireland

Ireland, like Italy and Israel, allows those with Irish ancestry to obtain an Irish passport. Ireland allows dual citizenship.

Israel

Israel encourages its citizens to hold multiple nationalities without requiring them to relinquish their original citizenship.

Italy

Those with an ancestral past in Italy are allowed to obtain citizenship. They also easily enable people to hold multiple nationalities.

Jamaica

The Caribbean country recognizes multiple nationalities.

Kosovo

Kosovo allows dual citizenship without additional requirements.

Latvia

Latvia recently included dual citizenship in their law book. Thanks to the law, people of different nationalities can invest in the country and quickly become Latvian nationals.

Malta

In a record duration of 12 months, you could earn yourself a Maltese passport without the need to relinquish your original citizenship.

Mexico

Mexicans are allowed by their government to obtain other nationalities. However, citizens who acquire foreign citizenship are barred from specific investment opportunities in the country.

Nigeria

Despite the existence of pressure from the public to exclude the law in Nigeria, the West African nation still allows citizens of the country to hold dual citizenship.

Pakistan

The Pakistani government recognizes dual citizenship. Citizens with this privilege are, however, barred from voting.

Peru

In Peru, citizens can freely acquire dual citizenship.

Philippines

It is very hard for aliens to obtain Philippine citizenship. However, Filipinos can obtain dual citizenship without losing their Philippine citizenship.

Portugal

Portugal allows dual citizenship and a manageable program of residency for those that wish to invest in the country.

Romania

Romania, like Portugal allows dual citizenship.

Serbia

This European nation allows its citizens to obtain dual citizenship without relinquishing their citizenship.

Slovenia

The Slovenian law may forbid those applying for citizenship through naturalization from retaining their original nationalities.

South Africa

South Africa also allows its citizens to acquire a foreign residence as long as the government provided protocol is followed.

Spain

Spanish citizens are allowed to obtain foreign citizenship if they notify the government three years prior to acquiring citizenship.

Sweden

Since 2001, it is allowed by the Swedish law to apply for naturalization in the country and to obtain dual citizenship.

Switzerland

Switzerland has, for a long time, allowed her citizens to obtain dual citizenship.

Syria

Obtaining Syrian citizenship is next to impossible. Syria, however, allows its citizens to get other nationalities.

Turkey

Although Turkish authorities require a lot of paperwork before one is allowed to obtain dual citizenship, it is allowed in the country's laws.

United Kingdom

Since 1948, the British law has never restricted its citizens from obtaining dual citizenship.

United States

The United States will usually only require you to declare other allegiances for security purposes when applying for a US passport.

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