Caribbean Citizenship by Investment Programs

When it comes to citizenship by investment (CBI), Caribbean programs represent a unique gateway for foreign nationals and their family members to acquire a second passport and contribute to the burgeoning economy of a Caribbean nation. As the demand for international mobility, economic diversification, and strategic investment continues to rise, these programs have gained prominence for their ability to offer a life of tranquility under the sun while opening doors to global opportunities. Here, we give you an overview of the five Caribbean citizenship programs, as well as Vanuatu’s program.

Leading Caribbean CBI Programs

There are five Caribbean countries that offer citizenship by investment programs: Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis, and St Lucia. These government-approved programs offer the fastest route to citizenship in the world, with processing times of between three to four months – much faster than traditional immigration processes. An added attraction is the fact that the economic citizenship applications can be completed remotely, providing the added convenience of applicants being able to obtain citizenship without having to travel to the relevant country.

Grenada

Grenada has the only Caribbean CBI program that holds an E-2 Investor Visa Treaty with the USA, allowing citizens to apply for a non-immigrant visa.

St Kitts and Nevis

St Kitts and Nevis has one of the strongest passports among all the Caribbean citizenship programs. A minimum donation of $250,000 is required.

Caribbean Citizenship by Investment Programs: Key Differences

The main differences between these citizenship by investment programs comes down to the cost of acquiring citizenship, the investment options, and the processing times.

Cost

The minimum investment amounts vary between $100,000 and $250,000.

Investment options

Programs offer between two and five investment routes: Contribution to government funds, real estate investment, purchase of government bonds, business investment, and contribution to an approved project.

Processing times

Applications take between two and four months to process, from the time of submission.

Citizenship benefits

While the Caribbean CBI programs offer similar benefits, such as dual citizenship, visa-free travel, and tax policies, some countries offer the additional benefit of being able to obtain long-term visas to places such as the US.

4 Reasons to Apply for a Second Passport Through a Caribbean CBI Program

The section below lists some of the advantages of acquiring a second citizenship through a Caribbean citizenship by investment program:

1. Fast citizenship application process

Caribbean citizenship by investment programs are the fastest CBI programs in the world. Investors can be granted citizenship and obtain a Caribbean passport in between three to four months. This time period accounts for the actual processing time once your application has been submitted and does not include the time it takes you to collect and complete the necessary application forms and supporting documents.

2. Relatively low cost

The minimum investment amount for Caribbean citizenship by investment programs starts from $100,000. This is half as much as the investment required to obtain European citizenship and residency permits. They also offer affordable investment opportunities for big families.

3. Opportunity for ten-year US visas

Some Caribbean countries allow their citizens the opportunity to apply for a tourist visa to the US that is valid for ten years.

4. Advantageous tax benefits

Caribbean countries have created beneficial tax environments in which their citizens do not pay taxes such as income tax, wealth tax, inheritance tax, capital gains tax, or export tax. The Caribbean’s favorable tax conditions apply to both individuals and legal entities.

Why use Global Citizen Solutions?

Global Citizen Solutions is a multidisciplinary firm offering bespoke residence and citizenship solutions in Europe and the Caribbean. In a world where the economy and politics are unpredictable, having a second citizenship opens up opportunities and creates flexibility for you and your family. 

So, why work with Global Citizen Solutions to obtain Caribbean citizenship?  

  • Authorized Agent. Global Citizen Solutions is a licensed agent for citizenship by investment programs in the Caribbean. 
  • Global approach by local experts. We are a corporate member of the Investment Migration Council, with local expertise in all five Caribbean CBI programs.  
  • 100 percent approval rate. We have never had a case rejected and will offer you an initial, free-of-charge due diligence assessment before signing any contract.  
  • Independent service and full transparency. We will present you with all the investment options available, and all expenses will be discussed in advance with no hidden fees. 
  • An all-encompassing solution. A multidisciplinary team of immigration lawyers, investment specialists, and tax experts will take into consideration all your and your family’s mobility, tax, and lifestyle needs. 
  • Confidential service and secure data management. All private data is stored within a GDPR-compliant database on a secure SSL-encrypted server.  

Obtaining a Caribbean Passport: Financial Requirements and Time Frames

Country

Minimum investment

Average processing time

Special requirements

Antigua and Barbuda

$100,000

Three to four months

Spend at least five days in the country during the first five years of citizenship

Dominica

$100,000

Two to three months

Virtual interview 

Grenada 

$150,000

Three to four months

Virtual interview 

St Kitts and Nevis

$250,000

Four months

Virtual interview and in-person collection of Certificate of Registration 

St Lucia

$100,000

Three to four months 

Virtual interview 

Vanuatu

$130,000

One to two months 

Proof of sufficient funds ($250,000 minimum)

Antigua and Barbuda Citizenship by Investment

The Antigua and Barbuda immigrant investor program offers foreign investors the opportunity to obtain Caribbean citizenship in exchange for a minimum investment in the country. Investment options include a non-refundable contribution to the National Development Fund or the University of the West Indies Fund, a real estate investment, or an enterprise investment.

Dominica Citizenship by Investment

The Dominica Citizenship by Investment Program has been around since 1993 and offers investors a quick and easy way to obtain Dominica citizenship through foreign direct investment. By donating a minimum of $100,000 to the Economic Diversification Fund or investing at least $200,000 in government-approved real estate, you and your family can obtain a Dominica passport in just a few short months.