Living abroad entices many people. Whether you are looking for a change of scenery, or a break from the city lifestyle, residing in Central America can provide both. It’s not always easy to be a foreign national residing long-term in a different country.
Many countries restrict the number of days foreigners can be in a country. Others make it difficult to get the appropriate visa or residency to be legal.
If you’ve found a country that’s a good fit, dual citizenship can lead to a permanent move. If you haven’t found the right country, consider Honduras citizenship.
Ways to Acquire Honduras Citizenship
There are several ways to acquire Honduras citizenship.
Birth
Any child born on Honduran soil (except those of diplomats) has Honduras citizenship.
Heritage
Children born on foreign soil to at least one Honduran parent can also claim Honduras citizenship.
Naturalisation
There are three different requirements for naturalisation, depending on where you come from. Natural-born Central Americans must reside in Honduras for at least one year. Then they can apply for Honduras citizenship.
Spanish and Ibero-Americans must reside in the country for a minimum of two consecutive years. All other foreigners must be there for three years before applying for Honduras citizenship.
Why Honduras Citizenship?
Honduras boasts 700 miles of Caribbean coastline. It’s also south of the famous beaches of Belize and Mexico’s Yucatan Peninsula.
The country is home to a variety of interesting historical and geographical locations. There are many ancient cities and Mayan ruins – some of which still lie beneath the jungle! Coral reefs and practically-undisturbed national parks offer spectacular diving, snorkelling, and hiking opportunities.
You may be looking to become an ex-pat or retire comfortably outside of their nation of origin. The Honduran way of life is much slower than in the West, which appeals to many people. US dollars, Euros, and other Western currencies go much further here than back home. All of these reasons and more make Honduras Citizenship, an appealing option for dual citizenship.
Investing in Honduras
If you are looking for a place to invest your money, Honduras offers several lucrative opportunities. Investing in the economy is also a method some use to gain Honduras citizenship. Textiles, light manufacturing, tourism, and renewable energy all have a strong presence in the country.
The Honduran government has created a positive environment for investing. Among the many benefits of doing business in this country, you will find:
- Competitive business advantages, as well as tax and customs incentives
- Free Trade Agreements that provide direct access to the most coveted world markets, namely Mexico and the USA
- Competitive logistics and labour costs
- Competitive training programs for workers
Drawbacks to Honduras Citizenship
There are several drawbacks to seeking Honduras citizenship. The only real negatives to possessing the actual citizenship are the same for dual citizens in any country. When you owe allegiance to two countries, you are required to pay taxes and serve in the military, if applicable, for both nations. Both of these can get tricky, depending on your personal situation.
The other drawbacks to Honduras citizenship stem more from living and/or doing business in the country. Despite its verdant landscape and ample business and investment opportunities, the country has some serious challenges.
Its problems include violence, insecurity, weak public institutions, heavy bureaucracy, high levels of corruption, and underdeveloped infrastructure.
It can be difficult to objectively assess the pros and cons of choosing Honduras citizenship. In situations such as this, it makes sense to seek the advice of experienced immigration professionals, such as Citizenships.com. The team at Citizenships.com has many years of experience assisting international clients in making informed decisions about where to seek dual citizenship.
No matter the reason, if you are looking to acquire a second nationality, we can guide you through the ins and outs of obtaining residence and Honduran citizenship. Contact us for more information or to schedule a personal consultation.
Conclusion
Honduras is an exciting country that offers a wide range of opportunities for high net-worth individuals. You can invest in a variety of successful business opportunities in the country. Alternatively, you can start a business in Honduras. In your free time, you can escape to lush forests or shimmering Caribbean beaches for a change of pace. While there are some safety and security issues, many people feel that the benefits outweigh the risks for those of you who aren’t sure, seeking professional immigration advice.