Summary of Programs in The Caribbeans

St. Kitts

St Kitts is the oldest second passport program by investment. Applicants investing $400,000 in government-approved real estate projects (plus costs) gain citizenship. This grants visa-free access to over 100 countries including the UK and the Schengen zone. It is also possible to make a government contribution of a reduced amount depending on family size. Processing is slow, typically taking nine months.

Antigua

Antigua offers a similar second passport program to St Kitt’s. An investment of $400,000 in government-approved real estate projects plus costs gains citizenship. There is visa-free travel to over 100 countries, including the UK, the Schengen zone, and Canada. Processing is fast, typically four months.

Dominica

Dominica has just amended its citizenship program to include a real estate option. You can now invest just $200,000 in real estate to gain citizenship and a second passport. Although offering slightly fewer countries for visa-free travel than St. Kitts or Antigua (over 70), Dominica is a much-reduced investment option.

Grenada

Grenada is a new second passport program and is popular as it has no country restrictions for who it will issue passports. There are, of course, strict due diligence checks on each applicant. Invest just $250,000 in real estate to gain visa-free travel to over 70 countries, including the UK, and with the Schengen zone likely to be added soon (expected Q2 2015). Grenada is the only country offering citizenship to parents of any age as long as they are dependent. Processing is fast, within four months.

There are government fees and associated costs with each of the Caribbean programs. As a guide, these will range for a family of four from $130,000 up to $210,000. Nolton Consultants can give a more accurate assessment based on the makeup of your family and the particular program. Please complete your client details here if you require this.