There are several benefits in obtaining a second passport through citizenship by
investment program, some of which are:
-Live in a European country without a visa.
-Travel freely to more countries.
-Access to national services.
-Access to education.
-Investor tax benefits.
-Entitlement to a pension

Citizenship is for life however passports are generally valid for up to 10 years
depending on the program. Passports for children under 16 years old are
issued for 5 years as is the case for most countries

You can add your spouse, dependent children up to 30 years old and dependent parents over 55, and on some programs unmarried siblings. Fees vary according to the number of family members you include in your application for citizenship.