TOP 3 Caribbean Citizenship By Investment Programs: How To Pick The Right One

If you wish to unlock the world of first-class opportunities with a second passport, investment programs are worth consideration. It is the quickest and easiest way toward citizenship and many countries provide favorable conditions for those who are ready to support their economies with funds.

Immigration to Greece for wealthy investor or to the Caribbean region is well-known and such proposals are wide and fascinating. The majority of small but bountiful islands have various programs and flexible rules for interested investors.

#1 Grenada Citizenship by Investment Program

Among the existing options, Grenada citizenship by investment serves as one of the fastest and most beneficial. The local authorities introduced this program in 2013 and managed to involve enough investments to make the Isle of Spice a thriving and attractive spot.

The immigrant who wishes to obtain this passport should get ready to:

  • donate a sum over 150 000 USD;
  • purchase real estate for more than 220 000 USD.

The process is associated with the following advantages:

  • No need to stay on the island for some stated time;
  • No additional taxes;
  • Access without a visa to 144 countries worldwide;
  • An ability to become a citizen in 3-6 months.

In addition to picturesque beaches and developed infrastructure, the island hosts St George’s University, which belongs to the list of best institutions for studying medicine, veterinary, and arts.

As reminds Vladlena Baranova, an expert in Immigrant Invest, this program involves not only the investor but his family too. That is why this option is not only a nice place to live but also a good decision for future development.

#2 St. Lucia Citizenship by Investment Program

In this region, a St Lucia passport by investment can be obtained in various ways, including:

  • donation over 100,000 USD;
  • purchase of property for more than 200 000 USD;
  • buying government bonds over 300 000 USD;
  • direct funding of a local enterprise for more than 3 500 000 USD.

Among the benefits, the application for the families through the National Action Bond should be mentioned. The minimum cost is 300 000 USD and the bonds should be held for 5 years at least. However, the family size does not matter and the reliability of the program stands out for questioning.

The residency on this volcanic island opens access to 146 countries without a need to apply for a visa. Applicants do not pay any additional taxes and do not need to stay in place for some time. The process of the application takes several months only and an investor can become a citizen in 3-6 months.

#3 St Kitts Citizenship by Investment Program

This option is known as a platinum standard among similar programs. The island has a strong economy, a well-developed banking system, and a stable environment for those who wish not only to invest but also to get profits.

There are two ways to participate in the program:

  • buy property for more than 400 000 USD;
  • donate over 250,000 USD.

Both opportunities unlock the prospect of becoming a citizen in 3-6 months without paying additional taxes or completing of residency rules. In addition, 156 countries become accessible without visas for the holder of the local passport.

Of course, it’s impossible to overlook the majestic beauty of the local nature, its splendid rainforests, crystal-clear waters, and long beaches. No wonder, this island became a hotspot for tourists a long time ago. Now, investors also open up this part of the world and benefit from funding the local economy and getting citizenship easily and conveniently.

Comparing Top Caribbean Citizenship by Investment Programs

Whether you wish to immigrate to Greece, the Caribbean, or other regions, it’s better to learn more about the program and find the advantage that is crucial for you.

The top three programs described above are similar in their performance and the advantages they provide. Thus, the timeframe for the completion of the initial application is one of the fastest worldwide. One needs only from 3 to 6 months to become a citizen. Moreover, there are no rules for the minimum time spent within the islands.

As for the difference, the types of funding as well as their sums change from region to region. This depends on the local authorities and the level of the economy. Thus, the highest rank is for St Kitts & Nevis. Grenada and St Lucia are similar in numbers but the second provides the widest assortment of available programs.

In addition, the regions that become accessible without a visa differ a bit. Therefore, if you need to travel to a special destination, check its presence on the list for the selected island.

More details about these and similar programs are presented on immigrantinvest.com together with edibility criteria and useful advice.

Conclusion

If you are interested in these Caribbean options or immigration to Greece by investment programs, take your time to discover more details and unveil all the opportunities. There are plenty of awesome chances that broaden horizons and are easily available.