“Which is the best Caribbean citizenship by investment programme if I want to have a second passport?” is a question that many times come to mind of people who want to explore their options. Many Caribbean countries offer citizenship by investment programmes, attracting individuals and families who take advantage of the significant benefits of a second passport.
Not all Caribbean citizenship by investment programmes are the same. Each one has its own advantages, and it might be difficult to decide which is best for you and your family’s needs. The easiest course of action is to get some help from fully qualified experts such as the ones at Holborn Pass.
Having many years of experience, Holborn’s advisers are suitable and ready to listen to your needs and suggest the right programme for you. In this blog, we will share information on various Caribbean citizenship by investment programmes to help you decide which one suits your goals.
Grenada Citizenship by Investment Programme
Citizenship by investment in the Republic of Grenada is a great way to gain a second passport. However, there is more to it than just acquiring dual citizenship; the Grenadian passport is a doorway to the US E-2 business visa.
Citizens of Grenada do not need a visa to enter more than 153 countries, including the United Kingdom, the European Union’s Schengen countries, and China. Furthermore, as a Caribbean nation, Grenada provides its residents with several options for investment as well as other significant advantages. Obtaining a Grenadian passport is simple if you want to become a dual citizen.
Grenadian passport leads to the US
Since 1989, Grenada and the United States have held an E-2 Investor Visa Treaty. You must be familiar with the E-2 visa’s distinctive restrictions and major investor requirements before deciding to submit an application for an E-2 business visa.
The United States Citizenship and Immigration Services (USCIS) defines an E-2 investment as “the investor’s placing of money, including finances and other assets, at risk in the commercial sense with the purpose of making a profit. Your capital could go toward launching a brand-new enterprise or acquiring an already-established company.”
St Kitts and Nevis Citizenship by Investment Programme
The advantages of obtaining a St. Kitts and Nevis passport are numerous. The St. Kitts and Nevis passport entitles its holder to visa-free travel to 156 countries worldwide, the most notable of which are the United Kingdom, the European Union, Hong Kong, Russia, and Singapore.
Passport holders from St. Kitts and Nevis can also apply for a 10-year visa to visit and live in the United States and Canada. Many investors consider St. Kitts and Nevis to be a tax haven. The country’s income tax, wealth tax, and inheritance tax are all 0%, making it an excellent choice for any ambitious investor.
Another significant advantage over other citizenship by investment schemes is that you do not need to visit the beautiful island country to apply. You can read our dedicated St Kitts and Nevis CBI blog for more information.
Antigua and Barbuda Citizenship by Investment Programme
The Antigua and Barbuda citizenship by investment programme is one of the Caribbean’s newest. It was first introduced in 2013.
The Antigua and Barbuda passport is equivalent to a Schengen visa, allowing visitors to enter Schengen countries and stay for up to 90 days out of 180. Investors are also permitted to stay in the UK for up to 180 days per year. There are 150 countries on the list of visa-free destinations.
The minimum required investment is $100,000. Applicants must choose one of four options which are the following: Contributions to the state fund, purchases of government bonds or real estate, and business investments. The investor can recoup his investment in 5 years by redeeming bonds or selling real estate.
Dominica Citizenship by Investment Programme
Dominica’s citizenship by investment programme began in 1993. Dominica’s CBI programme is among the most affordable in the Caribbean. Investors who contribute $100,000 to the state fund or purchase real estate for $200,000 can obtain citizenship. The real estate investment option allows you to recoup your investment in three years by selling the property.
Dominica’s passport holders do not need visas to visit 144 countries. Visa-free travel options include the United Kingdom, Schengen countries, China, Hong Kong, and Singapore.
St Lucia Citizenship by Investment Programme
The initiative known as Citizenship by Investment (CBI) was presented to the public for the first time in 2016 by the government of Saint Lucia. Through participation in the programme, non-Caribbean investors and their families have the opportunity to acquire citizenship in Saint Lucia. Applicants for citizenship will be able to use all of the perks that come along with possessing a Saint Lucian passport after they are granted citizenship.
The required minimum investment is $100,000. Applicants select one of four options. Contributions to the state fund can be made, as are purchases of government bonds or real estate, as well as business investments. By redeeming bonds or selling real estate, the investor can recoup his investment in 5 years. St Lucia citizens can visit 146 countries visa-free, including the UK, the Schengen states, Singapore and Hong Kong. For more information, please read our dedicated St Lucia CBI blog.
Get a second passport with Holborn Pass
While the requirements for the programmes are clear, applicants who lack the necessary experience, time, or knowledge may find the application process difficult. To avoid potential problems, we recommend that you contact a fully qualified adviser with experience in such matters who can save you time and money.
At Holborn, we work with some of the world’s most trusted citizenship by investment programmes. Our experts can help guide you through the application process and secure the right second passport for you and your family.
So, with Holborn, you can be sure you are in safe hands. Contact us using the form to find out how we can help you.