Till the beginning of the 20th century, there was not a concept of a passport one could travel anywhere in the world without it. In many scenarios, people don’t even need permission to move from the government. Obviously, the situation is entirely different now.
In today’s world, government agency uses passports to track and control citizens and who visit their county. Passport is not just a document it is our identity. This is the main reason why many wise people look for a second passport. It provides more freedom to invest, freedom to the bank, freedom to business, and freedom to travel.
There are 12 countries that offer legally second citizenship by investment programs. The most famous ones are fast track citizenship of Caribbean islands.
Only 5 Caribbean countries offer citizenship by investment programs: Dominica, Saint Kitts & Nevis, Grenada, Saint Lucia, and Antigua & Barbuda.
Some of the reasons why people obtain citizenship in these Caribbean islands:
- Tax-Free global income
• Visa-Free or Visa on arrival travel to more than 110 countries including big business hubs such as the United Kingdom, Singapore, Russia, China, and Ireland.
• Better opportunities for child education
• Access to all the 26 Caribbean countries
• Act as Plan B
• Better business opportunities
• Citizenship for life
• Citizenship passes to Generation
Each and every individual has their own reason to invest in Caribbean citizenship apart from these general ones. Let’s us learn more about each Caribbean citizenship by investment program.
Dominica:
Dominica citizenship program is the fastest and cheapest option available for citizenship in all over the world. In this program, the investment starts from 100,000 USD for an individual applicant.
Saint Kitts & Nevis:
Saint Kitts & Nevis Citizenship program is the first citizenship program ever launched in the Caribbean in the year 1983. In this program investment starts from 150,000 USD for an individual applicant, however, they have limited offer till 31st Dec 2020 in which they are offering citizenship to the family of four for just 150,000 USD.
Antigua & Barbuda
Antigua & Barbuda Citizenship program was launched in the year 2013 to boost the economy of the country. An individual needs to invest 100,000 USD plus 30,000 USD as a government fee.
Grenada
Grenada Citizenship by the program is the only Caribbean island that has E2 treaty with the USA, among the countries offering citizenship. The minimum investment for an individual starts from 150,000 USD
Saint Lucia
Saint Lucia citizenship program is the latest entrant in citizenship by investment list, launched in the year 2015. The minimum investment starts from 100,000 USD for an individual.
This Caribbean citizenship by investment can only be processed through a government-authorized agent, a list of all the government authorized agents is provided by each country on their government website.
