Caribbean Citizenship: a valuable asset at your fingertips
March 25, 2021

Whether you're looking to retire in the Caribbean, own a second home in paradise, start a profitable business, or simply own a second passport without the commitment of living in the Caribbean, look no further. Five island nations, namely St. Lucia, Antigua and Barbuda, Grenada, Dominica, and St. Kitts and Nevis all offer citizenship by investment with lucrative incentives to investors looking to diversify their assets and protect their wealth.
While the programs are relatively similar in terms of costs, benefits, and application processes, there are differences including a timeline to acquiring a passport, best value for your money, visa-free travel, and investor requirements.
Dominica - cheapest investment for an individual
If you are seeking global mobility for yourself and your family, tax exemption, and a beautiful place to live or retire, the Dominica passport is sure a fantastic asset to have. The country offers the cheapest and easiest way to obtain a second citizenship. For a minimum investment of just US$ 175,000 investment in the Economic Diversification Fund, you can get yourself and your immediate family, second passports in under 4 months. You do not need to live in Dominica to obtain a passport. The Dominica passport ranks 37th in the world because it offers exciting visa-free travel to more than 130 countries, including the Schengen area in Europe.
The mountainous island is famous for its natural hot springs and beautiful tropical rainforests. Its magnificent scenery and weather have positioned it as a tourism hot-spot and home to foreigners and investors eyeing its citizenship.
St. Lucia - a myriad of investments
St. Lucia is a tropical eastern Caribbean island boasting a high-earning population, impressive safety records, as well as swabs of stunning landscapes to soak in. The country is endowed with many beautiful sceneries, including the towering twin volcanic peaks of the Pitons, crescent-shaped beaches, reefs, waterfalls, lush mountains, cruise ship port, Marigot Bay, and excellent hotels in the capital.
The St. Lucia citizenship by investment program is one of the most competitive ones purely in terms of the breadth of investment options available. The application is also smooth and straight forward with the entire process of citizenship rounded up in just 4 months. The current minimum investments for donation to the National Economic Fund are set at US$ 100,000 for a single applicant, US$ 165,000 for a couple, and US$ 190,000 for a family of four. For real estate, the minimum is set at US$ 300,000 for the main applicant. With a St. Lucia passport, you can get visa-free travel to 146 global destinations including the Schengen Area in Europe. Furthermore, living in St. Lucia is also very affordable.