The Caribbean region is consistently progressing in terms of high network and promising avenues for investments. There are several destinations offering residency permits to the business owners and investors seeking high returns on their investments. There are 5 Caribbean Citizenship by Investment Programs generating huge revenues for their region. Here are the requirements for Caribbean Citizenship by Investment Program in 5 main countries:
Antigua and Barbuda Citizenship by Investment Program:
This program was launched in 2012 allowing visa-free travel opportunities to citizens from 132 countries and territories. This region recognizes dual citizenship due to which you can enjoy several benefits including tax relief and faster processing of application. You needn’t visit the region during the application process and there are few formalities to be met. A permanent residency of Antigua and Barbuda allows you free movement to Schengen zone.
Dominica Economic Citizenship Program:
Apart from its natural beauty, Dominica has a diverse culture and economic stability that invites many immigrants. The country recognizes dual citizenship and provides many privileges to investors interested in starting a business. The program was launched in 1993, and it provides visa-free travel assistance to citizens from 91 countries. There are no requirements of physical residency and no taxes implied on non-residents of Dominica. With its permanent residency, you can enjoy several perks including the sponsorship of your dependent family members.
Grenada Citizenship by Investment Program:
It is the latest avenue of opportunity in the Caribbean region for the investors seeking dual citizenship. The country offers high returns on investment. It has access to the USA E2 Treaty visa as well. The program was launched in 2014 to enable investors and potential business owners to acquire permanent residency and aid the economic development of the region. This program offers free travel to more than 100 nations along with multiple tax exemptions and no restrictions.
St. Kitts & Nevis Citizenship by Investment Program:
It is one of the oldest citizenship programs in the Caribbean region. It allows foreign investors to obtain dual citizenship without the burden of taxation on their capital or income generated overseas. It was launched in 1984 to offer several perks like free travel to the Schengen area, coverage for the dependent family, and no residency required in the country.
Saint Lucia Citizenship by Investment Program:
This country in the Caribbean region offers dual citizenship to foreign investors under the program started in 2016. Application under this program is easy and covers dependent children as well. You need to donate USD 100,000 to the government fund or invest USD 300,000 in an approved real estate project to gain this citizenship.