1. Remote processing
All Caribbean countries' programs have moved online. The investor does not need to travel to the country or office of Immigrant Invest to bring documents or pick up a passport. All programs allow you to receive certificates of citizenship and passports at a convenient address. We will receive your documents from the CBI unit and send them by delivery service.
2. Scans instead of originals
The Caribbean countries began to consider applications immediately after submitting scans of documents through a special state Internet portal. Grenada and Antigua and Barbuda decided to abandon the originals altogether. For other programs, originals can be submitted later. The main thing is that this should be done before the application is approved.
The exception is St. Kitts and Nevis, which returned to standard opening hours and accepted originals in February 2021.
3. Reduced list of documents
Antigua and Barbuda has reduced the basic list of documents with which the program department begins to process an application for citizenship. Other documents can be submitted later, during the Due Diligence.
But the reduction of the basic list does not mean that the CBI unit can not request additional documents and clarifications.
4. Applications are considered faster
This advantage follows from the previous one. You no longer need to wait for the mail to deliver the original documents: the application will be considered as soon as the scans are received. This will save the investor a couple of weeks.
5. Simplified requirements to documents
Grenada has changed the document requirements to ensure that investors have no problem certifying and forwarding copies. Previously, the authenticity of document copies for the Grenada citizenship program was certified only by notaries. Now lawyers, legal consultants and local agents have such a right. The applicant only needs to show the originals on Skype or another online video platform.
The deadline for submitting HIV test results and a certificate of no criminal record has been extended. Previously, they were valid for 3 months from the date of receipt, but now they can be submitted within 6 months.
6. Saving time
Even if the program requires you to send original documents, an online application saves time. CBI units begin Due Diligence as soon as scans are received. The check takes 1—3 months. It remains only to send the originals and get a passport.
Another reason to hurry up is possible queues at visa centers after the pandemic. Due to the increased number of applications, it will be difficult to quickly obtain a visa and leave the country for business or leisure. In this case, a passport of a Caribbean country with the right to visa-free entry to 140+ countries, including the Schengen zone, will come in handy.
7. Less spending
Antigua and Barbuda has halved the amount for real estate investment. There was an option to purchase real estate at a reduced cost from $200,000. Previously, the minimum investment amount for one investor was twice as high — $400,000. Moreover, in order to use the option for $200,000, it was necessary to team up with another investor.
Payments for joining children to the program have decreased: the threshold for children under five years of age has been reduced by 2.5 times, and the payment for children from 6 to 17 years has decreased by 20%.
Dominica reduced the contribution to the state fund for the investor’s spouse. Previously, it was necessary to pay $75,000, now it is $50,000.
Saint Lucia has halved the amount of investment in government bonds. Until December 31st, 2022, an investor can buy special securities — the Covid Relief Bonds — for $250,000. The standard amount to invest in government bonds is $500,000.
The gratuitous contribution to the state fund has also decreased for families. For a single investor, the contribution has not changed.
How the contribution to the state fund of Saint Lucia has changed
|Investor with a spouse||$165,000||$140,000|
|Family of 3—4 people||$190,000||$150,000|
|Contribution for an additional dependent, starting from the fifth||$25,000||$15,000|
Why get a Caribbean passport
A passport of a Caribbean country helps to travel freely, use the services of European banks, optimize taxation and help children enter the best schools and universities in the world.
Travel and business trips without visas. Citizens of the Caribbean states can visit the countries of the Schengen area, the UK, Singapore, Hong Kong without issuing visas. Caribbean citizenship provides for more than 140 visa-free destinations. There are also rare opportunities, e.g. a Grenada passport allows to travel without a visa to China and get an E-2 business visa in the United States.
Federico is an Italian citizen. He does business with partners in Asian countries. The business involves frequent meetings in China. Every time Federico had to get a visa for the trip, that was difficult: China is reluctant to let citizens of the European Union into the country. Some negotiations broke down. We helped the businessman solve a problem with the help of Grenada’s program
Long stay in the EU and the UK. A Caribbean passport allows you to stay in the UK for up to 180 consecutive days and spend 90 days in the Schengen countries within six months. A long period of stay makes it possible to relax, visit children or undergo treatment in a European clinic.
In most European countries, medicine is at a high level. The ability to receive quality treatment is always important, but especially during a pandemic, when urgent medical care may be required.
Business opportunities. Citizenship of a Caribbean country allows you to open foreign currency accounts and optimize taxes through residency.
Anthony and Violette are IT business owners. They work with foreign clients and accept payments in dollars. Due to currency controls, payments were often delayed or returned to senders’ accounts. In order to open foreign currency accounts in another country and reduce the tax burden, we helped them obtain Antigua and Barbuda citizenship.
Passport for the whole family. The programs of all the Caribbean countries allow to obtain passports for the investor’s spouse, children under 30 years old, parents and siblings. The Antigua and Barbuda, Grenada and Dominica programs allow grandparents to be included in the application.
Study in the UK. Caribbean passports allow you to apply for student visas already in the UK. Parents with Caribbean passports can visit their children and live in the UK for up to six months.
The Caribbean countries that issue passports under the investor programs are part of the British Commonwealth of Nations. Many British universities, such as the University of South Wales or Queen Mary University of London, allocate quotas for Commonwealth citizens. The children of investors have the opportunity to get education on preferential terms.
Dan’s daughter wanted to graduate in the UK. We helped the family obtain St. Kitts and Nevis passports so that they can easily travel around the world and stay in Europe while studying.
Simple and fast registration. None of the Caribbean programs require personal attendance. A passport is obtained within a period of 2 to 6 months.
Things to remember
Caribbean passports give investors a lot of options. With them, you do not need to spend time on obtaining visas to visit the EU countries, the UK and even China. This makes it easier to travel, do business abroad, be treated in the best clinics and educate children in foreign universities.
The Caribbean citizenship programs have always been remote. When the borders were closed during the pandemic, some clearance processes changed. It is now easier for investors to obtain Caribbean citizenship. Countries have reduced the lists of documents and terms for consideration of applications, simplified procedures, and softened the conditions.
During the pandemic, Caribbean countries consider applications as soon as they receive scans of documents. Grenada and Antigua and Barbuda completely abandoned the originals. This speeded up the process of obtaining a second passport.
Changes to procedures of the Caribbean citizenship by investment programs
|Country||Start of application processing||Do originals are needed and when?||Other changes|
|Antigua and Barbuda||After scanned documents submitted||No||Reduced basic list of documents|
|Grenada||After scanned documents submitted||No||No|
|Dominica||After scanned documents submitted||Yes, before application is approved||No|
|Saint Lucia||After providing scanned documents||Yes, upon additional notification after the quarantine is lifted||No|
|St Kitts and Nevis||After providing original documents||Yes, immediately upon application||No|
Citizenship in the Caribbean is issued simply and quickly. Compare programs and choose the one that suits your goals with the help of our article "Citizenship guide for Caribbean countries and Vanuatu".