Best Online Banks and Wallets in Europe 202420/12/2023
Why tax havens don’t have a Central Bank?22/12/2023
In 1984 Saint Kitts and Nevis introduced the first Caribbean Citizenship by Investment Program (CBI), today very popular
In an era marked by uncertainty, Caribbean Citizenship by Investment Programs offer a faster path to a dual citizenship and a Second Legal Passport, which is increasingly appealing. In this article, we delve into the advantages of Caribbean citizenship, with a focus on the prospects for 2024.
Today there are five nations offering Caribbean Citizenship by Investment Programs: Saint Kitts and Nevis, Dominica, St. Lucia, Antigua and Barbuda, and Grenada. Each offers unique advantages, but the choice often hinges on personal preference. This year, OPM highlights the distinct benefits of Antigua and Barbuda for the upcoming year.
Best Caribbean Citizenship by Investment Programs
- Grenada: Known as the “Island of Spices,” Grenada is renowned for its spice production and export. The country boasts impressive real estate projects, including a new resort near a major natural park. Notably, not all projects are eligible for CBI, so it’s crucial to research beforehand.
- Saint Kitts and Nevis: A federation of two islands, Saint Kitts is modern and developed, while Nevis is a lush paradise. The Nevis trust is highlighted as a robust asset protection structure. The federation offers both donation and real estate pathways to citizenship.
- Lucia: Unique among the five, St. Lucia offers a bond investment option alongside the traditional government donation and real estate purchase pathways. The bond option strikes a balance, requiring less maintenance than real estate and offering a refundable investment after five years.
- Dominica: In 2023, Dominica stood out for its flexibility in CBI programs. Offering a blend of business, lifestyle, and travel opportunities, it’s an attractive option for those seeking a second citizenship.
Why Choose Antigua Caribbean Citizenship by Investment Program in 2024?
Antigua and Barbuda, a country known for its economic significance in the region, has recently enhanced its CBI program. In 2023, the country secured visa-free access to Canada for its citizens under certain conditions. For families, Antigua and Barbuda’s CBI program is particularly appealing. A family of four can invest as low as USD 100,000 (excluding taxes and legal fees), presenting an economical option compared to other Caribbean nations. For example, Saint Kitts and Nevis now requires a minimum donation of USD 350,000 for a family of four, while St. Lucia and Grenada have thresholds of USD 150,000 and USD 200,000, respectively.
For those seeking a new home with swift residency or citizenship, Antigua and Barbuda offer numerous advantages, particularly for families. The country’s CBI program is an excellent avenue for increasing freedom of movement and expanding business opportunities.
For the digital nomads, diversification is crucial, and obtaining a second citizenship or residency is a key component. Caribbean Citizenship by Investment Programs offer a variety of options to suit different needs and preferences. Interested individuals are encouraged to contact the OPM team for further information on migration investment, banking, corporate structures, trusts, foundations, and other financial services.
Prices and specific details are based on the latest available information and are subject to change. Prospective applicants should contact us for updated information and professional advice before making investment decisions.