You decide to get a second passport. But what does it actually mean? Well, you invest in your safety and freedom. Nobody knows how long it will take before you decide to relocate because the situation is getting tougher. Fortunately, you don’t have to wait for years to become a citizen of another country if it offers a citizenship-by-investment program.
The investor programs market is quite dynamic: offers come and go, get suspended, or become less popular as the situation changes. If you want to have a close look at all options available in 2022, please read our detailed guide devoted to passports by investment. In this short post, we will take a general look at existing opportunities.
What are the benefits of acquiring an investor passport?
- You retain your current citizenship, and the officials of your country are not informed about your second passport.
- You overcome any limitations imposed by your home country.
- You get more personal security for yourself and your loved ones!
- You will open accounts with foreign banks and make overseas investments much easier
- Your tax planning and asset protection strategies will be optimized in most cases
As you see, citizenship by investment is an affordable way to benefit from the luxury of free movement, get a readily available safe airfield, and enjoy all the legal and financial advantages of your new home. Of course, there is a traditional path to citizenship: you get a residence permit, then permanent residence, live in the country of your choice for many years to complete the naturalization requirements, and finally win your right to get a citizen’s passport. You spend less money, but much more time and effort. Well, it’s up to you…
If you choose to invest money rather than time, the next step will be to select the country. We tend to choose emotionally by focusing on the country we like, and there is nothing wrong with that if it meets your needs. The reasonable part of the choice is to make sure you know your priorities and the country can offer what you need. And this is where working with a consultant will be of great use.
If you ask us to find a region that best combines all the rational and emotional appeals, we would definitely mention the Caribbean. Beautiful islands with sandy beaches and the blue sea powered by well-thought-out citizenship by investment programs and time-proven legal and financial framework – all that seems to offer its friendly hug for you to enjoy. You can get a CARICOM passport that comes with all the benefits of the Caribbean – read more details and choose one of the 15 CARICOM countries available. We have experienced advisers who will help you if you have any questions.
A CARICOM passport holder has the right to:
- Visit 130 countries without a visa or on e-visa/visa-on-arrival terms
- Live in any CARICOM country without a visa for 6 months
- Use a fast-track corridor at Immigration Control
- Pay low taxes (after acquiring a tax residency certificate)
Besides, each country provides a special privilege: for example, you will be entitled to visa-free entry to China after you get your Grenada passport. See the details in our larger article to choose the gift you want.
There are many clients who would like to submit the documents and get their passports online – and some Caribbean countries do offer this opportunity! However, follow the link above to ask our experts for updates as the situation may change.
We live in happy times when freedom and opportunities can be bought at a reasonable price. All you have to do is to make a step forward to get them!