5 Fast Ways to a Caribbean Passport in 2024

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Nothing beats the speed of Citizenship by Investment as an investment migration solution. It’s your quickest route to a second passport as you don’t have to include the extra naturalization required by Residency by Investment. With this time-saving benefit in mind, here are 5 fast ways to a Caribbean passport in 2024.

The Continuing History of Caribbean Citizenship by Investment

The Eastern Caribbean region is the birthplace of modern Citizenship by Investment (CBI). In 1984, St Kitts and Nevis launched the prototype CBI programme that fast-tracked investors’ progress to acquiring a Caribbean passport. 20 years later, the minimum investment requirement is $250,000.

Dominica is home to the second-oldest Caribbean CBI programme. This dates back to 1993 and a 2019 PricewaterhouseCoopers report echoes the sentiments of “one Government stakeholder, ‘the Citizenship by Investment Programme has given Dominica the means to become independent.’” In 2024, you will need funds of at least $200,000 to invest in Dominica citizenship.

The Antigua and Barbuda and Grenada CBI programmes share a 2013 origin story. For a limited period only, Antigua and Barbuda’s minimum Citizenship by Investment threshold is currently under half that of Grenada’s. That works out at $100,000 compared to $235,000.

St Lucia was the last Eastern Caribbean nation to the CBI party. The passing of 2015’s Citizenship by Investment Act brought the programme into being. To invest in Dominica citizenship in 2024, you’re going to need at least $240,000 at your disposal.

Caribbean Passport Comparison

2019’s PricewaterhouseCoopers report shows what Citizenship by Investment gives the Eastern Caribbean region. As well as in Dominica, the programme has funded COVID-19 payouts to the local population across the region. It allows smaller islands the chance to compete with bigger countries on the world stage.

But what do the CBI programmes offer investors? Citizenship is key, as it qualifies successful applicants for a second passport. Let’s consult our Passport Index to see how these various travel documents rank.

The strongest Caribbean passport is the St Kitts and Nevis passport. It allows you to travel to 161 visa-free destinations. The next most powerful Caribbean passport is the Antigua and Barbuda passport, with visa-free access to 157 countries.

22nd in our passport rankings, the Grenada passport facilitates visa-free travel to 155 destinations. One place lower, the St Lucia passport  allows you to enter 154 countries without a visa.

The weakest Caribbean passport is currently the Dominica passport, although Prime Minister Roosevelt Skerrit is optimistic about the return of Dominica visa-free access to the UK that will boost visa-free destinations above the present number of 153.

The RIF Trust View

Our Caribbean Citizenship by Investment expert is Leila Bagheri.

She is candid about Caribbean CBI: “Let’s not pretend that Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis, and St Lucia Citizenship by Investment is the only route to a Caribbean passport.” 

“Yet investing in one of these Eastern Caribbean citizenships is undeniably the fastest way to get your hands on this coveted travel document.”

How to Invest in a Caribbean Passport in 2024

You cannot apply for Caribbean Citizenship by Investment directly. Each of the 5 Caribbean CBI countries stipulate that you must go through an authorized investment migration consultancy such as RIF Trust. So, contact us now and we’ll show you how we can help you obtain a Caribbean passport.