We say the Caribbean, you say palm trees, transparent water, and white-sand beaches. Our Man in the Caribbean, Chris Willis, has another term to add to the game of word association: second citizenship. Here is his Caribbean Citizenship by Investment comparison.
“Having raised a family in the Caribbean, I speak with first-hand experience when I say that Antigua and Barbuda Citizenship by Investment is the most family-friendly. Why? Paying $150,000 for a family of 6 or more not only buys you citizenship but a 1-year, tuition-only scholarship at the University of the West Indies.”
“The physical requirement is minimal, with investors having to spend 5 full days on the islands within their first 5 years. There is an incentive to spend more, with a beach for every day of the year to visit.”
“Antigua and Barbuda launched Citizenship by Investment in 2013. One of our clients’ favourite options is to invest in Moon Gate Hotel & Spa. This boutique hotel promotes sustainable tourism.”
“Dominica Citizenship by Investment dates back to 1993. Within 6-12 months of applying, you’ll be eligible to apply for a Dominica passport. This gives you visa-free access to 150+ countries.”
“You don’t need to spend any time on Dominica to qualify for citizenship. However, if you do, you’ll be able to explore what’s known as Nature Island. Dominica is a work in progress as it’s still being shaped by volcanic activity.”
“Take a hike to the world’s second-largest hot spring, Boiling Lake. Along the way, you’ll pass along tropical rainforest trails. Waterfalls line your route in a spectacular trek.”
“They call Grenada the Spice Isle and I love the way they’ve incorporated a nutmeg logo in the new Grenada IMA. There’s more Caribbean Citizenship by Investment comparison than contrast. For example, there are no language tests to take in Grenada or elsewhere and English is the common language across the various islands.”
“1997 was the first year of Grenada citizenship investors. Currently, the lowest threshold is $150,000. Dependants you can include on your Grenada Citizenship by Investment application include a spouse, children up to 30, parents aged 55 and above, and childless, unmarried siblings of any age.”
“The Grenada passport is the best passport for visa-free travel to China. 155 visa-free destinations await in total.”
“If you’re looking for an established Citizenship by Investment programme, look no further than the one offered by St Kitts and Nevis. It is the world’s oldest, with a 1984 birthdate. Presently, it’s the most exclusive Caribbean citizenship, with a minimum $250,000 investment required.”
“Caribbean Citizenship by Investment comparison can be difficult at times as St Kitts and Nevis, like its 4 fellow Caribbean CBI countries, is in the Eastern Caribbean. There are good air connections with North America. This makes St Kitts and Nevis Citizenship by Investment a fantastic Plan B for Americans concerned about the latest political developments in their home countries.”
“St Kitts and Nevis observes Atlantic Standard Time (GMT-4) all year round. There are no daylight saving time clock changes. Although, given the relaxed lifestyle, time often feels like it stands still on the islands.”
“Let’s conclude our Caribbean Citizenship by Investment comparison with a look at St Lucia Citizenship by Investment. The beauty of Caribbean citizenship is that there are minimal differences between the various programmes, but the subtle details may make one stand out to you above another.”
“St Lucia is one of the younger programmes, coming into being in 2015. For single applicants, its €100,000 price tag ranks among the best-value Citizenships by Investment. The government lowered the St Lucia Citizenship by Investment minimum amount in 2017 to make it more affordable.”
“This foreign direct investment helps St Lucia, and its Caribbean neighbours, to grow as a nation. If funds the islands’ infrastructures. Citizenship by Investment, for example, contributed greatly to these Caribbean countries’ post-pandemic recovery.”
Having read Chris Willis’ comparisons of the various Caribbean Citizenship by Investment programmes, you now have a better idea of which citizenship to invest in. However, you should consult a reputable investment migration specialist such as RIF Trust who can help you every step of the way. So, don’t delay and contact us today.