Caribbean Citizenship By Investment Programs Will Increase By June 30th
Those seeking a second passport in the Caribbean will have to shell out more as of June 30th.
The world-renowned citizenship by investment programs in three Caribbean nations will see an increase to USD 200,000. This means that individuals aiming to secure citizenship in these countries have until the end of June to take advantage of the current, more affordable rates.
Here's the current rates:
Dominica: Minimum investment now - USD 100,000.
Antigua and Barbuda: Minimum investment currently - USD 100,000.
Grenada: current minimum investment - USD 150,000
St. Kitts and Nevis: The minimum investment will be lowered from USD 250,000 to USD 200,000.
These Caribbean nations offer citizenship in exchange for investments into their communities and economies. There are two primary investment options available:
Donation Option: Investors can contribute to a fund used for various projects within the country, such as infrastructure development, healthcare, and education.
Real Estate Option: Investors can invest in luxury hotel developments through fractional or full ownership shares. These investments often offer financial returns and include benefits such as free accommodation stays.
St. Lucia
St. Lucia will, however, maintain its citizenship by investment program at the current rate of USD 100,000.
One of the significant advantages of these Caribbean programs is the acquisition of actual citizenship, which grants investors and their families eligibility for passports upon program completion.
Possessing a second passport is invaluable as a real-world Plan B, especially for individuals subject to potential passport revocation under US federal law. Factors such as unpaid taxes, affiliation with certain groups, or criminal convictions could lead to passport revocation. The Caribbean citizenship programs provide a robust solution, offering access to offshore banking with citizenship protections and the ability to maintain financial privacy.
Invest Caribbean is here to guide you through the process of becoming a Caribbean citizen through investment. Don't miss this opportunity to secure your second passport before the rates increase. Connect with us today to explore your options and safeguard your future.