The leading investor’s goal was to have visa-free access to European countries. The family had not yet decided which country they wanted to settle in: first, they wanted to see the world.
Also, visa-free entry to European countries would help their eldest son, David, get to know European universities better and choose one if he finds them appropriate.
The investor’s budget was up to $300,000. Palo wanted his whole family to get the second passport — all six people.
Within Palo’s budget, there were five Caribbean Citizenship by Investment programs. The minimal investment is $100,000. The investor gets a Caribbean passport in 2—6 months.
The Caribbean passport holders travel visa-free to the Schengen area, the UK, Hong Kong, Singapore, and hundreds of other countries. They get a 10-year tourist visa to the US.
Dominica and Grenada citizens can stay in China for up to 30 days a year without a visa. Grenada citizens get a E‑2 visa to the US as well. An investor and his family can move to the US with a visa.
All programs have two options:
$100,000 contribution to a state fund;
$200,000 or more investment into real estate.
The investors’ costs increase if they add a family member to the application.
Antigua also offers an investor to contribute $150,000 to the University of the West Indies Foundation for a family of 6 or more. Saint Lucia — buy government bonds for $300,000 or more. Also, the investors can obtain the citizenship of Antigua or St Lucia if they invest $1,500,000 in a local business.
Antigua’s option of contributing to the University of the West Indies Foundation was the most beneficial for Pal’s family. Immigrant Invest experts suggested that Palo consider the option.
The Caribbean citizenship programs: the final minimal costs for a family of six
Palo no doubt chose a contribution to Antigua university.