Developed countries are making efforts to attract foreign capital. Unique offers help support the economy and stabilize the situation. The creation of programs for foreigners allows them to fulfill their obligations as citizens and guarantee better living conditions.
However, offers are in demand for many reasons. The first is various benefits for travel, capital accumulation, and business development. Differences between popular programs allow you to give preference to Antigua citizenship by investment or continue the search for a more profitable one. You need to compare several offers, taking into account your own needs.
Overview of Caribbean Programmers
Prudent investors are interested in exploring the opportunities offered after completing the application process. Profitability and accessibility make island programs stand out, so they are in great demand. If you want to form an opinion about the easiest Caribbean second passports, you need to get up-to-date information from an expert of the Immigrant Invest agency Zlata Erlach.
Specialists evaluate the options considering the requirements for cosmopolitans, the amount of contributions, and the speed of processing applications. The conditions differ, so attention to these characteristics is quite reasonable.
Antigua and Barbuda Passport
Foreigners do not face any difficulties: migrants prove their trustworthiness with the help of evidence. When it comes to invest, the country offers several ways: contribution to a fund, purchase of shares and capital for a real estate project. 5 years is the minimum period of ownership and return of funds.
The number of applicants and their age, as well as the chosen to condition, determine the cost. The minimum amount is 100 thousand euros, excluding fees and taxes. Preliminary verification takes up to 3 months. Approval of the second passport takes up to 6 months after the application is submitted.
St Kitts and Nevis Passport
The offer has been around long enough to have its supporters. The oldest program gets a lot of attention because the country offers:
- Affordable cost. The minimum investment amount is 250 thousand dollars. Participants choose between investing in funds and buying property.
- Many advantages. Visa-free regime, pleasant climate, and high-quality medical care are part of the privileges of locals and foreigners with a passport.
- Fast processing. You can find out about the government’s decision within 6 months. It takes this much time to review the application and confirm compliance with the criteria.
There are no requirements for mandatory visits to the island. You can submit documents at any consulate. In addition, a foreigner can use the services of accredited agents to participate in the Caribbean CBI programs. Expert assistance will significantly speed up the process.
Dominica Passport
The minimum cost of participation is only 100 thousand dollars. Cosmopolitans who plan to move with their families get this opportunity. The government allows adding persons who are financially dependent on the main applicant to the application. Due to this, parents, children, and a partner can obtain citizenship.
The recommended period of ownership is 3 years. After that, the owner can sell the property or return the invested capital. Other advantages of participation include accession to the Caribbean Union. It means that the investor and other applicants have the right to work and live on any island that has membership in CARICOM.
Grenada Passport
The following program allows you to travel to European countries without applying for a visa. You can cross the border after registering in the electronic system. There are no other requirements for Grenadians and foreigners with a Grenada passport.
The simplification of procedures also applies to the taxation system. Citizens are exempt from paying taxes on capital gains, gifts, and dividends. Moreover, the top passport is beyond doubt: wealthy entrepreneurs looking for a “safe haven” get everything they need here.
St Lucia Passport
Getting a passport on this island is no less easy. The requirements are quite simple, as they include common rules. A foreigner provides biographical data and confirms his financial independence. The cost of participation is from 100 thousand dollars per applicant.
Caribbean citizenship by investment seems to be the easiest. The application processing time does not exceed 4 months. It is the shortest period provided by all investment programs. Due to this feature, migration to the island is in demand among foreigners.
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Which One is Easiest to Obtain for Investor
Dual citizenship is a great opportunity to start a new life. The list of personal requirements for the offer will help you determine the easiest program. The speed of application processing is the highest in Saint Lucia, and several countries offer low costs:
- Dominica;
- Antigua and Barbuda;
- Saint Lucia.
All of them are members of the Caribbean Union, so citizens have the right to work in any of them. The taxation system does not provide for double taxation and also allows for cost savings.
You should make a list of requirements for your new country of residence to determine the best offer. You can get help and get rid of doubts from international program specialists. It will save you a lot of time.
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