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Options for Bangladesh Nationals

Bangladesh has one of the world's least powerful passports by visa-free access, creating strong and growing demand among Bangladeshi nationals for second citizenship and international residency options. The large diaspora in the Gulf and UK represents a significant pool of potential applicants, though enhanced due diligence requirements and the need for transparent wealth documentation mean the application process requires careful preparation.

Your Passport

Passport Rank

#100

Visa-Free

42

destinations

Dual Citizenship

allowed

Taxation Basis

residence based

Key Considerations for Bangladesh Nationals

  • 01Bangladesh permits dual citizenship with a number of countries; Bangladeshis who have acquired foreign nationality may hold a Dual Nationality Certificate (DNC) to maintain ties to Bangladesh.
  • 02The Bangladeshi passport has one of the lowest visa-free footprints globally, making it a strong driver of demand for second citizenship and residency programmes among Bangladeshi nationals.
  • 03Bangladesh has a large and economically significant diaspora concentrated in the Middle East, United Kingdom, and Malaysia; remittance flows are a major component of Bangladesh's GDP and a key financial planning consideration.
  • 04Bangladeshi nationals applying to CBI programmes and opening accounts at international banks typically face enhanced due diligence requirements, requiring thorough source-of-funds documentation and transparency about business activities.
  • 05The National Board of Revenue (NBR) taxes residents on worldwide income; non-residents are generally taxed only on Bangladesh-source income. Tax residency is based on physical presence.
  • 06Bangladesh's growing garment, tech, and remittance economy has created a class of high-net-worth individuals seeking international mobility and asset protection through second residency and citizenship.

Program Restrictions

Visa Programs Available to You

82 programs
View all 82visa programs →

Banking That Accepts Your Passport

15 options

Company Formation Jurisdictions

17 jurisdictions

UK Private Limited Company (Ltd)

Setup: $50

25% (19% for profits under GBP 50,000; marginal relief between GBP 50,000–250,000)

Banking: moderate

US Delaware LLC

Setup: $200

0% at state level (no Delaware state income tax on out-of-state activity); federal tax depends on election (pass-through by default or C-Corp election)

Banking: moderate

US Wyoming LLC

Setup: $100

0% at state level (no Wyoming state income tax); federal tax depends on entity election

Banking: moderate

Estonia OÜ (Private Limited Company)

Setup: $265

0% on retained earnings; 20% on distributed profits (unique deferred distribution tax model)

Banking: difficult

Dubai DMCC Free Zone Company

Setup: $8,500

9% UAE Corporate Tax (effective June 2023) on taxable profits over AED 375,000; 0% for Qualifying Free Zone Persons meeting substance requirements

Banking: moderate

Dubai IFZA Free Zone Company

Setup: $5,500

9% UAE Corporate Tax on profits over AED 375,000; 0% for Qualifying Free Zone Persons on qualifying income

Banking: moderate

Singapore Private Limited Company (Pte Ltd)

Setup: $400

17% headline rate; effective rate often 8–10% due to startup tax exemptions (75% exemption on first SGD 100,000 for first 3 years)

Banking: moderate

Hong Kong Private Limited Company

Setup: $500

16.5% standard; 8.25% on first HKD 2 million of assessable profits (two-tiered regime)

Banking: difficult

BVI Business Company (BC)

Setup: $2,000

0% (no corporate income tax, capital gains tax, or withholding tax)

Banking: difficult

Cayman Islands LLC

Setup: $3,500

0% (no corporate tax, income tax, capital gains tax, or withholding tax; 20-year tax exemption certificate available)

Banking: difficult

Portugal Lda (Sociedade por Quotas)

Setup: $1,200

21% standard IRC; 17% on first EUR 25,000 for SMEs; municipal surcharge up to 1.5%; RFAI and other incentives available

Banking: moderate

Georgia Individual Entrepreneur (IE) with Virtual Zone

Setup: $50

1% on turnover up to GEL 500,000/year (Small Business Status); 0% on IT/software exports for Virtual Zone Person status; standard rate 15% corporate + 5% dividend withholding

Banking: easy

Ireland Limited Company (Ltd)

Setup: $350

12.5%

Banking: moderate

Netherlands BV

Setup: $1,500

19-25.8%

Banking: moderate

Cyprus Limited Company

Setup: $2,000

12.5%

Banking: moderate

Malta Limited Company

Setup: $2,500

5% effective (via refund system)

Banking: moderate

Seychelles IBC (International Business Company)

Setup: $700

0% (offshore income)

Banking: difficult

Citizenship by Investment

10 programs

Popular Destinations for Bangladesh Nationals