The island nations of the Caribbean are beautiful and peaceful. But this is not the only reason why people with substantial wealth are flocking to the island nations. The citizenship by investment programs of the Caribbean are very popular because of their quick processing period, the investments required are lower than the European citizenship by investment programs, investors experience faster return on investments and each island nation has different tax benefits that will help grow your wealth. The most popular citizenship by investment programs are those of Grenada, Dominica and St. Kitts and Nevis.
The most important Caribbean citizenship programs
The Grenada citizenship by investment program has as its greatest benefit the United States E2 Visa that allows the holder to live and work in the United States as well as open a business or expand a business in the US. A minimum investment of US$220,00,00 in a government-approved real estate project for five years or a US$150,00 donation to the Grenada National Transformation Fund. Other benefits are a taxation system that allows you to grow your wealth, visa-free travel to 140 countries that includes the United Kingdom, China and the Schengen countries, citizenship for life for you, your dependents and descendants, and allows for dual citizenship.
The Dominica citizenship by investment program requires a minimum of US$220,000 investment in government approved real estate or a minimum of US$100,000 non-refundable contribution to the Dominica Economic Diversification Fund. It also allows the holder visa-free travel to over 140 countries, allows for dual citizenship, citizenship for life for you, your dependents and descendants, residency is not required and they have a taxation system that allows you to grow you wealth.
St. Kitts and Nevis has a citizenship by investment program that is similar to that of Dominica and Grenada that requires an investment in real estate or a national fund. The Citizenship-by-Investment program of St. Kitts and Nevis has three investment options: A minimum contribution of US$150,000 to the Sustainable Growth Fund (SGF), a minimum of US$400,000 in a pre-approved real estate development that must be held for a minimum of 5 years after the citizenship has been granted and a US$ 175,000 to US$200,00 in alternative investment projects. It also offers visa-free travel to about 140 countries, efficient taxation that will help you grow your wealth, no residency requirements, citizenship for life for you, your dependents and descendants and dual citizenship.