Effective from July 1, 2024, the minimum investment required for CBI programs in five Caribbean nations has doubled from $100,000 to $200,000.

The ongoing debate about dual citizenship in India is particularly notable given recent discussions on the requirement of surrendering Indian passports. However Indian nationals can still explore these options.

Renouncing US citizenship involves significant legal and financial responsibilities. Individuals often choose this path to minimize their tax obligations, avoid double taxation, or due to personal or political convictions.