New Pricing for Caribbean Citizenship by Investment Programs
Effective from July 1, 2024, the minimum investment required for CBI programs in five Caribbean nations has doubled from $100,000 to $200,000. This update marks a significant shift in the cost structure of acquiring Caribbean citizenship, reflecting perhaps the increased value these programs offer in terms of global mobility, financial privacy, and tax management. Despite the recent price increases, obtaining a Caribbean passport and its associated benefits continues to offer remarkable value.
Antigua and Barbuda Citizenship by Investment Price in 2024
The starting investment for citizenship in Antigua and Barbuda is $230,000. Here are the four available investment options:
Contribute $230,000 to the National Development Fund (NDF).
Purchase property or a share in a real estate project valued at $300,000 or more.
Invest a minimum of $1,500,000 in an approved business or participate in a joint investment of $5,000,000.
Donate $260,000 to the University of the West Indies (UWI) Fund.
Dominica Citizenship by Investment Price in 2024
The cost for Dominica Citizenship by Investment begins and ends at $200,000. Here are the two equally priced pathways:
Donate $200,000 to the Economic Diversification Fund (EDF).
Purchase real estate in a government-approved development with a minimum value of $200,000.
Grenada Citizenship by Investment Price in 2024
To invest in Grenada citizenship, plan for a minimum of $235,000. The two options available are:
Contribute at least $235,000 to the National Transformation Fund (NTF).
Invest $270,000 in a government-approved property development.
St Kitts and Nevis Citizenship by Investment Price in 2024
The cost of securing citizenship in St Kitts and Nevis starts at $250,000. The two available options are:
Make a minimum donation of $250,000 to the Sustainable Island State Contribution (SISC).
Invest at least $400,000 in real estate.
St Lucia Citizenship by Investment Price in 2024
St Lucia citizenship requires a minimum investment of $240,000. Explore the four options below:
Donate at least $240,000 to the National Economic Fund (NEF).
Invest a minimum of $300,000 in National Action Government Bonds.
Contribute at least $300,000 to an approved property development.
Invest a minimum of $250,000 in an approved enterprise project.
Summary of Caribbean Citizenship by Investment Costs for 2024
The rise in investment thresholds highlights the increasing recognition of the benefits offered by Caribbean citizenship. Whether you're considering these programs for global mobility, financial security, or as an investment in a second home, the current transitional phase is crucial.
At Residency Advanced, we are dedicated to guiding our clients through these changes with expert advice and personalised services. If you're looking to capitalise on current pricing or need help navigating the new investment criteria, our team is here to ensure a smooth and successful application process.
For more information on how these changes impact your citizenship plans, reach out to us today. Explore your options, make well-informed decisions, and advance confidently towards securing your global future.