What is Caribbean? There is no such country – it is a whole region in the Caribbean Sea comprising several island countries. So, how come we have such a thing as a Caribbean passport?
The Caribbean includes around 7,000 islands, dozens of states and overseas territories. And only a few of the Caribbean countries offer investment schemes whereby you can get a second passport in return for a reasonable contribution.
Modern citizenship by investment programs have their roots in that part of the world where, in 1984, St. Kitts and Nevis started to offer passports to foreign investors in exchange for their donations to the Sugar Industry Diversification Fund.
Since then, such programs have become very popular as a means to attract foreign capital not only in the Caribbean, but also in Europe. However, it is still the birthplace of passport programs that offers most attractive options to wealthy individuals.
A second citizenship from a Caribbean jurisdiction is not a prerogative of celebrities, pop stars and sportsmen – it is also popular among those who value their time and freedom. More people nowadays need to be able to travel freely and change place of their residence when they want.
Only five countries offer citizenship by investment in the Caribbean. The following countries are now offering affordable investment schemes: St. Kitts and Nevis, Antigua and Barbuda, Dominica, Grenada, Saint Lucia. They are all former British colonies and now independent states and part of the Commonwealth. The cost of acquiring a Caribbean citizenship and passport starts from $100,000 either through the donation option or by purchasing real estate.
Most of the above jurisdictions have been attracting foreign investments through their citizenship programs for so long that all the processes are polished and impeccable and are considered Gold Standard among similar citizenship by investment programs around the world.
Caribbean investment programs are a great value for money. A reasonable amount of investment can buy you and your dependants a second passport valid for 5 or 10 years, subject to extension.
Country
Dominica
St. Kitts and Nevis
Grenada
Saint Lucia
Antigua and Barbuda
*Investment in a share of a property.
Caribbean citizenship programs offer at least 2 or 3 options where you can invest your money in order to get a second passport. Purchase of real estate and contribution to a public fund are available in all 5 jurisdictions.
A Caribbean passport is your ticket to up to 156 countries of the world where you don’t need a visa or a visa is given on arrival. Nationals of Caribbean states can travel freely to the EU, the UK, Singapore and apply for a business visa to the USA.
Caribbean countries are well known tax havens for incorporation of international companies that will be trading outside of their home jurisdiction.
Tax regime in the Caribbean is also very beneficial for non-tax residents and this applies to most of the applicants for citizenship by investment. All income received outside a jurisdiction of second nationality is not taxed – it is an excellent tool to optimise tax burden and preserve your assets.
You might also be pleasantly surprised by the absence of some taxes that you are used to have at home. Dominica has no property tax, while St. Kitts and Nevis and Antigua and Barbuda do not charge income tax.
«√» — tax rates apply. «—» — no tax applies or tax rate is 0%.
Foreign investors applying for Caribbean citizenship by investment can include in their applications their spouse, children (including from previous marriages), parents and grandparents and siblings. Every country has its own rules as to which relatives you can add to your passport application. Caribbean citizenship can be passed down to future generations.
Family members that can be included in an application
Spouse, financially dependent children under 30 years old, parents, grandparents, unmarried siblings.
Husband/wife, financially dependent children under 30 years old, siblings not older than 30, parents and grandparents over 55.
Spouse, financially dependent children not older than 30 years old, brothers/sisters under 25, parents and grandparents over 55.
Husband/wife, financially dependent children under 28, siblings, parents and grandparents over 58.
Spouse, financially dependent children not older than 25 years of age, siblings under 18, parents and grandparents over 65.
Caribbean governments have established strict rules for citizenship by investment applications to be submitted to them only through authorised agents.
This is a good way to get a second passport without leaving your house. You would not even need to visit your new country of nationality, with one exception. You will be required to spend at least 5 days in Antigua and Barbuda in the first five years after obtaining citizenship.
Your new passport will be waiting for you in 4 to 6 months at an agent’s office or, if requested, can be couriered to your home address.
All Caribbean jurisdictions allow dual citizenship so you will not have to renounce your first nationality.
A Caribbean passport is not only an easy way to travel the world without visas, but also the right to live in a modern and safe tropical haven with a breathtaking coastline – in case there is a virus outburst, political or economic upheavals in your home country.
The whole application process under Caribbean citizenship by investment programs, including processing, is protected by strict confidentiality regulations and guarantees 100% security. You can rest assured that details of your second nationality will not leave the jurisdiction that granted it.
From $150,000 Investment starts
2 to 4 months Processing time
156 countries Visa-free/visa-on arrival
In 5 years Investment recoverable
Passport in 45-60 days Fast-track option
From $100,000 Investment starts
3 to 4 months Processing time
151 countries Visa-free/visa-on arrival
4 investment options
3 to 6 months Processing time
143 countries Visa-free/visa-on arrival
In 3 years Investment recoverable
Best program for a single investor
144 countries Visa-free/visa-on arrival
Opportunity to get an E-2 work visa to the USA
146 countries Visa-free/visa-on arrival
Qualified advisers at Imperial & Legal have been working with Caribbean citizenship by investment programs for years. We are happy to assist you and your family in getting a second passport.
One of the main pillars we operate on is a customised and tailor-made approach. Therefore, you will receive a full legal support in choosing and applying for a citizenship program that best suits your needs. If your case is complex and there are many variables, our specialist will advise what can be done to resolve the issue and get a passport of the chosen country. We will also act on your behalf and in your best interests in front of government authorities to help you achieve your goal.
The whole process of obtaining a second passport can be divided into 5 stages.
Our experts are intermediaries between you and citizenship by investment units in Caribbean countries. We can arrange a consultation with an Imperial & Legal adviser either in our office or remotely by phone or WhatsApp/Zoom/Skype video call.
Once we sign a service agreement, our advisers will review your circumstances to eliminate the risk of refusal at the very beginning and present your case in a most favourable light.
Our advisers will prepare all documents to be submitted with your citizenship application. Copies of documents, unless originals are provided, must be notarised and in some cases legalised.
Each applicant must go through a health check and submit recent test results.
If you buy a property, you should choose one from the approved list, sign a sale and purchase agreement and make a deposit.
Imperial & Legal will also conduct their background checks on the main applicant and all eligible dependants.
When a relevant Citizenship by Investment Unit confirms the receipt of your funds, you and your family will get certificates of naturalisation. Our team at Imperial & Legal will use them to file your passport applications.
Collecting your Caribbean passport will be the last step on your way to second nationality. You can either do it in person in our office or ask us to courier it to your home address.
Everything can be done remotely without you having to visit the Caribbean (except for Antigua and Barbuda where you need to spend at least 5 days in the first five years after obtaining a passport). Next time you might need to contact us would be in 5 or 10 years to extend your passport.
Far-away Caribbean island states offer a lot of benefits to their new nationals, but the main reason why foreign investors invest in a second passport is visa-free, red-tape-free travel around the world.
Some entrepreneurs apply for Caribbean citizenship to get an opportunity to apply for a business visa to the USA. Others think of it as a first step to British citizenship.
Caribbean countries that used to be British colonies only 40-50 years ago have not lost connection with their ‘Mother Country’. Did you know that some of them are constitutional monarchies with the Queen of the United Kingdom their head of state? Elizabeth II appoints Governor-Generals that represent the Queen in their corresponding countries.
What’s in it for you? Nationals of the Caribbean countries that are part of the Commonwealth can stay in the UK for up to 180 days in a row and are in a better position when enrolling in British universities.
There is no one-size-fits-all answer; it all depends on your circumstances and preferences. If it is personal safety that is of paramount importance to you, have a look at the countries that have seen years of political and economic stability and that are even bypassed by destructive tropical hurricanes.
St. Kitts and Nevis, Dominica and Grenada are good examples for you.
If a globe-trotter in you or your business are calling for you to pack your suitcases again and again, you need a reliable citizenship by investment program with the following benefits:
St. Kitts and Nevis scheme offers foreign investors all of the above and more. It is impeccable and failure-free, and St. Kitts passport is ranked highest in the Caribbean in terms of countries you can travel to. As of the first quarter 2020, nationals of this island state have a free access to 156 countries. This longest-running citizenship by investment program is considered a Platinum Standard by many immigration advisers.
You are not allowed under Caribbean citizenship by investment programs to apply for a second passport directly with relevant immigration authorities.
By introducing an agent between themselves and foreign investors, Caribbean jurisdictions kill two birds with one stone:
Caribbean governments use the same principle when dealing with property developers to protect investors from buying thin air.
We will help you choose a citizenship by investment program, invest in a Caribbean economy and get a second passport. Contact us today to discuss your requirements.
Second passport by investment
Residence by investment
Latvia residency by investment
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