Seeking a Second Passport?
A global surge in demand for second passports is transforming the way High-Net-Worth Individuals (HNWIs) plan their financial and personal futures. Caribbean Citizenship by Investment (CBI) has become an essential strategy for securing greater global mobility, offering numerous benefits such as visa-free travel, alternative domiciles, and expanded business opportunities. What was once a niche concept is now a vital part of personal planning for many ultra-wealthy individuals, including those from the United States.
Why Choose Caribbean Citizenship by Investment?
Caribbean nations offer the most straightforward and transparent Citizenship by Investment (CBI) programs. These programs provide significant benefits, including visa-free travel to more than 140 countries (such as the UK, Schengen area, India, China, Russia, Brazil, and Argentina). Additionally, applicants enjoy tax and business advantages and long-term security and safety. One of the key perks of these CBI programmes in the Caribbean is that the passports are valid for life and can pass to future generations, ensuring lasting benefits for families.
5 Destinations Offering Caribbean Citizenship by Investment Programs
To secure a second passport, these five destinations offer some of the most accessible and attractive routes.
#1. Grenada
Grenada’s Citizenship by Investment program starts at:
- $235,000 National Transformation Fund contribution
- $270,000 property investment
Grenada stands out because it has an E-2 Investor Visa treaty with the US, making it a great choice for business owners. The application process is smooth and typically takes 4-6 months, and there is no physical residency requirement. Grenadians enjoy visa-free travel to the UK, Schengen states, India, China, Russia, Brazil, and Argentina.
#2. Antigua and Barbuda
Antigua and Barbuda offers one of the most popular CBI programs. Applicants can choose between:
- A $230,000 National Development Fund contribution
- A $325,000 real estate investment
Processing time is about 3-4 months, and the program allows the whole family to apply together. An essential requirement is spending just five days in the country during the first five years of citizenship. Antigua’s citizenship grants visa-free access to over 140 countries, including the UK, the Schengen Area, and India, making it an attractive choice for global travelers.
#3. St. Kitts and Nevis
As the world’s oldest Citizenship by Investment program, St. Kitts and Nevis offers:
- $250,000 donation to the Sustainable Island State Contribution
- $400,000 real estate investment
The program is straightforward, requiring no residency, and processing takes approximately 3-4 months. St. Kitts and Nevis passport holders can travel to more than 150 countries visa-free, including the UK, Europe, and most of the Caribbean.
#4. Dominica
Dominica’s Citizenship by Investment program is among the most affordable in the Caribbean, with options starting at:
- $200,000 donation to the Economic Diversification Fund
- $200,000 real estate investment
Dominica does not require physical residency, though applicants are not eligible for visa-free access to the UK and China. The process is efficient, taking about 3-4 months.
#5. St. Lucia
St. Lucia offers another attractive Caribbean CBI route. Applicants can choose from:
- A $240,000 National Economic Fund contribution
- $300,000 real estate investment
St. Lucia’s Citizenship by Investment program also does not require residency. The application process takes 4-6 months, and citizens can travel visa-free to around 146 countries, including Schengen states but not the UK, China, or Russia.
Final Thoughts
Each Caribbean island offers its own unique set of benefits when it comes to Caribbean citizenship by investment. Whether seeking greater global mobility, economic opportunities, or a secure alternative domicile, these programs provide a straightforward route to second citizenship. To explore which island suits your needs, consider using a CBI cost calculator and visit the Caribbean CBI Programs’ country pages for more information.
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