With so many Citizenship by Investment (CBI) programs on the market, it can be difficult to decide which one to choose. There are programs all around the world, from Europe to the South Pacific, and each one offers amazing benefits and opportunities for foreign nationals. However, no matter how many options high-net-worth investors have available to them, many people choose to opt for a Caribbean CBI program as their chosen route to a second passport.
This is not to say that European programs are any less desirable, but it can prove difficult to beat the tropical weather, pristine beaches, laidback lifestyle and amazing advantages that holding a Caribbean passport has to offer. That being said, we look at which Caribbean countries offer citizenship by investment programs:
Caribbean Countries with CBI Programs:
Antigua & Barbuda | from $100,000
Renowned worldwide for its 365 beaches of clear turquoise waters, beautiful natural views and laidback island lifestyle, Antigua and Barbuda is a slice of paradise for the eager traveller who loves tropical weather and warm ocean waters. However, this Caribbean nation is more than just a pretty tourist destination – it’s also home to one of the most popular citizenship by investment programs in the world.
Foreign investors can choose to either make a one-time contribution to Antigua and Barbuda’s National Development Fund or invest in government-approved real estate to qualify for citizenship.
Commonwealth of Dominica | from $100,000
In 1993, the Commonwealth of Dominica’s government introduced citizenship by investment program that invites foreign nationals from all around the world to obtain second citizenship through investing in the country. As with many other countries, the Commonwealth of Dominica launched this program as a means to generate more foreign investment into the island nation and further the development of its economy and infrastructure.
Foreign nationals can either make a one-time contribution to the country’s Economic Diversification Fund or invest in government-approved real estate.
Grenada | from $150,000
Founded in August 2013, the Grenada Citizenship by Investment program might be one of the newer Caribbean programs on the market, but it has proven to be every bit as beneficial and appealing to foreign investors as its counterparts. Not to mention, it is the only Caribbean CBI program that offers its citizens visa-free access to China and the opportunity to acquire an E-2 Investor Visa in the United States of America.
To qualify for citizenship in Grenada, individuals are required to make a one-time contribution to the country’s National Transformation Fund or invest in government-approved real estate within the country.
St. Kitts & Nevis | from $150,000
St. Kitts and Nevis boast one of the oldest and most well-regarded CBI programs in the world. Active since 1984, this CBI program has only gone from strength to strength over the last 3 decades – solidifying its place as one of the best paths to second citizenship by the investment by recently attaining a position as the platinum brand of the industry.
All that is required from applicants to obtain a St. Kitts & Nevis passport is for them to either make a one-time contribution to the country’s Sustainable Growth Fund or to invest in government-approved real estate in the country.
St. Lucia | from $100,000
The newest of all the Caribbean programs, the St. Lucia Citizenship by Investment program invites foreign nationals from all around the world to enjoy the island’s unspoilt landscapes, warm climate and world-class beaches, as well as the many benefits that accompany a St. Lucia passport, in exchange for an investment in the country.
Individuals can acquire a St. Lucia passport by making a one-time contribution to the Saint Lucia National Economic Fund or investing in government-approved real estate within the country.
Benefits of Holding Caribbean Citizenship:
- Unrestricted travel: Caribbean citizens enjoy visa-free or visa-on-arrival access to over 130 countries and territories worldwide, including the United Kingdom, the Schengen Area and Singapore.
- Retirement option: These Caribbean island nations are most people’s idea of paradise – so why not reward yourself for all your hard work and spend your golden years here?
- Ultimate insurance: Holding second citizenship in a Caribbean country is a great Plan B to put your mind at ease in times of economic or political instability in your home country.
- Ease of Process: The application process is designed to be a smooth and straightforward process, with no interview, education and management experience required to apply.
- Favourable tax policies: All the countries on this list place no taxes on foreign income, capital gains, dividends, gifts, wealth and inheritance.
- Minimal residency requirements: There are no physical residency requirements and applicants do not have to visit the island nation before applying.
- Dual citizenship permitted: When obtaining citizenship in any of the Caribbean countries listed, you are not required to renounce your current citizenship(s), and your home authorities will not be notified of your new nationality and passport.
Book a Free Consultation
Please be aware that the governments of these Caribbean countries do not accept applications directly. Applying to any citizenship by investment program can only be done through a government-approved agent like Savory & Partners.
The Savory & Partners team is made up of a diverse group of industry experts who span over 15 nationalities, speak over 25 languages collectively, and come with decades of CBI and RBI industry experience. Our level of expertise combined with our commitment to serving our clients with the highest level of professionalism and transparency has led us to aid over 1,100 families obtain a second passport with a 100% success rate. There is no-one better positioned and more trustworthy than Savory & Partners when seeking the best results on your quest to secure a better future for yourself and your family.
If you would like to apply to any of the citizenship by investment programs mentioned above or learn more, get in contact with us today for a free online consultation. One of our skilled agents will happily aid you in your inquiry.
We are available on every channel convenient for you.