Each one of the Caribbean programs offer alternate investment routes to citizenship.
The options and minimum investment levels in each country are:
Antigua & Barbuda
- US $400,000 investment into an Approved Project*
- US $200,000 non-refundable donation to the National Development Fund
- US $1,500,000 into an Approved Business
- US $200,000 investment into an Approved Project*
- US $100,000 non-refundable donation to the Government Fund
- US $350,000 investment into an Approved Project*
- US $200,000 non-refundable donation to the National Transformation Fund
St. Kitts & Nevis
- US $400,000 investment into an Approved Project*
- US $250,000 non-refundable donation to the Sugar Industry Diversification Foundation
- US $300,000 investment into an Approved Project*
- US $100,000 non-refundable donation to National Economic Fund
- US $3,500,000 into Approved Business
*The aim of citizenship by investment in any country, including the programs in the U.K., and U.S.A., is to stimulate industry and attract foreign investment and ideally foreign talent to boost the economy. Hence nearly all Approved Projects are necessarily either pre-construction or under construction.
Which is the better investment option?
Each investment level has additional varying government fees that are calculated based on the number and ages of family members included in the application. In general, the non-refundable donations are less expensive in the short term than investing in a property, however, a property can offer added benefits and certainly is more cost-effective long term.
Above all else, an investment in a real estate project is a direct investment into the tourism infrastructure for these heavily tourism-centric countries. And, with a solid link to the island, i.e. owning a home there, your connection to the country is robust and you will have somewhere to reside when you and your family come to visit. There is also the possibility of seeing your property value increase in the luxury Caribbean property market, or at least the opportunity to recoup your investment after the five-year minimum ownership period.
Citizens International represents developers with proven expertise in the region whom we are confident are creating tourism infrastructure with value over and above the citizenship attached to it. Property investment in the Caribbean should be approached similarly to anywhere else in the world, i.e. one of the first questions we ask is does the property you are buying have a sustainable development and operations plan? A good way to analyze this is to evaluate whether the property would appeal to an international buyer who is not interested in applying for citizenship. i.e. a one-bedroom condo in a location not appealing to tourists is probably not going to hold value or appeal to a vacationer or lifestyle buyer when you come to rent out the property or sell it in the future.
Having been based in the Caribbean for decades, our team is well-versed in the property market and will ensure you are presented with all the information about each property so you can make the best decision.
Antigua & Barbuda Real Estate
The opportunity to become a citizen of Antigua and Barbuda is truly unmatched. Thousands of international travelers visit annually and leave the islands habouring dreams of having a home here. In 2007, the island had the highest property value growth of anywhere in the world (Citibank Knight Frank Wealth Report) and even through the economic slowdown, the highest value luxury properties have maintained a steady upward trajectory. It is not the most expensive of the Caribbean islands and has successfully guarded its island charm, however, it is certainly one of the most elite destinations in the Caribbean. This is especially true around the south coast, which is the regional flight hub and the home of Caribbean yachting, hosting dozens of world renowned regattas and one of the largest super-yacht shows each December. With plenty of room for property value growth, and increasingly being regarded as the most beautiful of the popular destinations in the region, Antigua is blessed with discreet celebrity residents, hundreds of white sand beaches, and being the home of sailing in the Eastern Caribbean, many of the top boutique hotels in the world and a plethora of international restaurants and amenities.
Dominica Real Estate
Dominica is very mountainous and has retained its primordial rainforest in the interior. It has an abundance of rivers and waterfalls. Although tourism is growing in Dominica, agriculture remains an important industry and produce is exported to its Caribbean neighbours hence Dominica is known as “The Bread Basket of the Caribbean”. The price of property, as one might expect varies tremendously across the region. Dominica is attractive as an investment because property prices are still very reasonable and the tourism profile is growing with a solid tourism marketing strategy to be known as “the Nature Isle” being led by the government. The west coast of Dominica tends to be more expensive than the less developed East coast.
St. Kitts & Nevis Real Estate
St. Kitts and Nevis has an excellent track record of steady growth in the value of high-end property value and with its stable, burgeoning economy attracting investors from around the world, ongoing and significant investment in tourism infrastructure, a 5-year exit strategy for citizenship property investors, and its emergence as an unspoiled Caribbean luxury destination. A property purchase in St. Kitts and Nevis presents a prime investment opportunity. The most interesting area of development is Frigate Bay and the South East Peninsula which is seeing a lot of foreign investment in new tourism infrastructure. This is the area where the island’s best beaches are and the government continues to do a fantastic job of promoting St. Kitts as a retreat destination in the European and North American markets. A new private jet terminal opened in 2014 and new airlift is constantly being sought, the most recent addition being direct flights to Toronto, Canada.
Citizens International assists numerous clients each year to attain citizenship in the Caribbean. We recommend property or business investments first and foremost for the strong link it provides to the host nation, however we also process many applications by clients who prefer to make donations to the government funds. For a private consultation to discuss your best options, please contact us.