Caribbean Citizenship by Investment: All Questions Answered
How to get Citizenship in Caribbean
Being the cradle of the sector, Caribbean boasts some of the best citizenship by investment programs around, namely St.Kitts & Nevis Citizenship by Investment, Antigua & Barbuda Citizenship by Investment, Dominica Citizenship by Investment programs. After a successful investment period, applicants may become a citizen of one of these Caribbean countries. St. Kitts and Nevis has a minimum investment requirement of 150,000 US dollars; Antigua and Barbuda 100,000 US dollars; and Dominica 100,000 US dollars.
How to Get Antigua and Barbuda Passport
The citizenship by investment program of Antigua and Barbuda provides a second passport to investors. There are a few options applicants may choose to benefit from the program. Investors may choose to contribute $100,000 to the Antigua National Development Fund. They may also invest $1.5m in establishing a business ($5.0m for two or more investors). As the final option, they can invest $400,000 in a government approved real estate project (can be reduced to $200,000 for connected investors). Antigua and Barbuda passport grants visa-free travel to over 150 countries including the Schengen area. Moreover, the country requires only 5 days of residence per year. With its vast advantages of mobility, Antigua and Barbuda passport can be issued around 4 to 6 months.
Can Buying a Property in Dominica Lead to Citizenship?
Citizenship by investment in Dominica is available through two options. The first is by making an economic contribution (donation) to the country under the government’s investor visa program. The second option available since January 2015 is through real estate investment. With a minimum investment threshold of $100.000, Dominican passport is among the cheapest. It takes around 3 months after the application to get the passport.
How to Apply for St.Kitts Citizenship
Launched in 1984, the scheme accepts investments for real estate or donations. To benefit from the program, applicants must make a minimum donation of $150,000 to the Sustainable Growth Fund (SGF). They may also prefer making an investment of $400,000 in real estate plus related government and due diligence fees. The process leading to citizenship takes usually around 3 to 6 months.
How to Get Citizenship of St. Kitts and Nevis
To be able to obtain a St. Kitts and Nevis passport, investors might choose to invest or donate. Donation of $250,000 to the government’s social fund does the trick, but if the applicant chooses to have return over their capital, they might opt to invest $400,000 in a state-approved real estate project. Growing demand for real estate in the country offers investors a chance to generate profit over their capital.
How to Get Antigua Passport
Antigua & Barbuda Citizenship by Investment Program was established in 2013. The program’s minimum investment threshold is US$100.000 contribution to the National Development Fund. The applicants may also choose to invest in real estate in Antigua and Barbuda. In this option, the investor must invest at least US$ 400,000 plus the payment of government processing fees and due diligence fees. Last investment option of Antigua and Barbuda Citizenship by Investment Program is the business investment. There are two business investment options. The first option is to make an investment in an approved business of at least US$ 1,500,000. The second one is to make a joint investment in an approved business totalling at least US$ 5,000,000. In this option, however, each applicant must contribute at least US$400,000 to the joint investment.
What are the Travel Perks of St. Kitts and Nevis Passport?
St. Kitts and Nevis citizenship by investment program is one of the world’s longest running citizenship by investment programs. It is launched in 1984 and is still active. This small Caribbean island nation offers investors from almost any country around the world the chance to obtain quick citizenship and St. Kitts and Nevis passport as a second passport which grants its holders visa-free travel to over 140 countries including the European Union countries.
Is it Possible to Own a Business in Antigua through Citizenship by Investment?
Yes, it is possible to own a business in Antigua through its CBI program. One of the investment options of the program is to invest $1.5m to establish a business. This can be a joint investment comprising two or more people, as long as each person contributes at least $400,000, and the total joint investment comes to a minimum of $5m.
What is the Processing Time to Get Citizenship in Antigua and Barbuda?
After the successful submittal of documents and realization of investment, Antigua and Barbuda passport is generally issued within 4 to 6 months.
Where Can You Go with the St. Kitts and Nevis Passport?
St. Kitts and Nevis Passport grants visa free travel to 133 countries. These countries include European Union, Schengen Area countries, Russia, and most of the South America.
Is It Legal to Buy a Second Passport?
Countries like St. Kitts and Nevis, Malta, Cyprus, Antigua and Barbuda, Dominica, and Turkey offers citizenship in exchange for a substantial amount of investment. Therefore, as long as the minimum investment requirement assessed by the governments has been met by the investors through legal and clean sources, it is legal to buy a second passport from these countries.