Every year, the number of people wishing to reside and do business in another country legally increases. It shows that the conditions to obtain the cherished document are becoming more accessible. With the help of a particular program, it is possible to choose a method that suits the client’s budget and business and personal life.
To get second citizenship, you should choose several options that will allow you to stay legally in the territory of a particular country for the mutual benefit of both parties. The most common programs are:
- invest in real estate;
- acquiring bonds of the host state;
- setting up their own company;
- making an irrevocable contribution to a charitable organization or foundation.
All of the above options have their particularities and rules, which were shared by a leading specialist at Immigrant Invest Zlata Erlach (Zlata Erlach).
5 countries in the Caribbean to get citizenship by investment
Each applicant who has decided to invest their funds must choose the country where conditions will be most favorable. It is worth pointing out that the Caribbean accepts investors in several locations. There they would be able to obtain second citizenship affordably:
- Dominique.
- Grenada.
- Saint Kitts and Nevis.
- Antigua and Barbuda.
- Saint Lucia.
It is also worth mentioning that investing money in the above locations has a lot of advantages that attract wealthy people.
Participation in best residence and second citizenship programs includes:
- a high standard of living that includes easy access to health care, education, and business activities;
- financial empowerment with the prospect of global business deals and participation in international business communities;
- security and a backup plan for the whole family;
- living in a comfortable climate with 24-hour access to azure waters and golden beaches.
It would be best to consider the host country’s requirements to enjoy all the benefits. The leading experts at Immigrant Invest provide a comprehensive list for a successful partnership and the desired outcome in the form of a Caribbean passport by investment.
St. Kitts and Nevis
A renowned island nation with many unspoiled beaches, majestic volcanoes, and lush rainforests. St Kitts and Nevis lies between Anguilla and Montserrat and has a population of about 50,000.
It is the most cost-effective second nationality program in this location. The applicant can make a minimum investment of $125,000 in SGF under the terms of the time-limited offer until June 30, 2023. In addition, the purchase of the property involves an expenditure of between $200,000 and $400,000.
Obtaining a residence permit and getting the cherished document takes 90 days. For an additional fee, the process can be accelerated to two months. The program does not provide for additional interviews, language tests, or conditions for long-term residency.
Dominica
The island is famous for its comfortable climate and tropical forests. It is where you can feel close to nature. The minimum contribution is US$100,000. The finances will go to the island’s Economic Fund.
Another best option for consideration to get the precious passport is to buy a residential property with a minimum value of USD 200,000. The investor agrees not to put the property up for sale within 36 months.
Antigua and Barbuda
An economically and politically stable Caribbean country with many coral reefs and the famous pink beach.
To participate in the Caribbean citizenship program through investment, you must pay $100,000. The application takes about 180 days to be confirmed, subject to a five-day residency requirement. There is also a chance to invest in a business, which will cost about a million and a half US dollars. It is necessary for the business to be approved by the Cabinet of Ministers and to have the appropriate due diligence fees.
Grenada
It is lively, with many small islands, attractions, famous spice stalls, and fantastic beaches. However, a minimum contribution of $150,000 must be invested to get a passport to Grenada through investment. It takes three months for the application to be successful.
It is also possible to invest $350,000 independently with pre-approval.
St. Lucia
A state that lies in the eastern part of the island. Famous for its cocoa plantations, ancient forts, the Piton Mountains, and deserted white sandy beaches.
There are four areas where you can invest in obtaining a passport:
- NEF – $100,000;
- real estate – $200,000;
- business, $3.5 million;
- contribution to National Action Bond – $300,000.
The candidate will also need to take the oath of allegiance to the state and have a good character reference.
Conclusion
To ensure that obtaining a passport from another country requires minimal effort from the investor, you should contact a trusted company. Immigrant Invest offers its clients a wide range of facilities and quality services. The company has been successful in many transactions and has made many families happy who enjoy living and doing business in the Caribbean.
To avoid misunderstandings and mistakes in such a complex process, contact only professionals. Our specialists have extensive experience, which allows them to quickly deal with all issues at different stages of paperwork. Turning to our company, you can be 100% sure of an excellent result.