A handful of Caribbean countries have launched investment immigration programs to attract foreign investors and stimulate their island economies. The oldest such program is operated by St. Kitts and Nevis and was established in 1984, demonstrating the region’s long commitment to encouraging foreign investment. The newest program was established in St. Lucia in 2015 and follows a similar structure to its predecessors.
All of the Caribbean investment immigration programs offer citizenship directly, rather than through temporary or permanent residence. Some of these countries are valued for their favorable tax policies, and all are valued for the travel access granted by their passports. The region’s proximity to the United States and Canada is a draw too, and Grenada is even part of the E-2 treaty with the United States, which admits immigrants when they invest a substantial amount of money in a U.S. business.
Caribbean investment immigration programs are largely based on real estate—most often requiring applicants to invest in approved government projects. Each of these countries also offers a fund contribution option, which allows investors to make a one-time non-refundable contribution to a national fund used toward projects of national interest. The contribution amount is less than the amount required of a real estate investment and allows the governments to raise funds for development projects.
For Caribbean immigration to countries such as St Kitts, Antigua & Barbuda and Dominica, Definite Consultants can help you procure your investor visas at the earliest. We’ll take care of all the documentation and procedures so that you don’t have to go through any inconvenience along the way.
The Federation of Saint Christopher and Nevis is located in the Leeward Islands. The beautiful island of St Kitts is known as the “mother colony of the West Indies” since it was the first Caribbean island that was colonized by the British. Situated roughly 1,300 miles southeast of Miami, Florida with a land mass of 65 square miles, it is the smallest sovereign state in the Americas both in area and population.
Antigua and Barbuda is an independent commonwealth country which comprises of 2 main islands and several other smaller ones. These islands offer breathtaking views to its visitors and are filled with beautiful beaches all around. Antigua and Barbuda is a member of the United Nations and the British Commonwealth among many other international organizations.
Grenada is a sovereign state in the southeastern Caribbean Sea which encompasses the island of Grenada and six smaller islands at the southern end of the Grenadines island chain. Grenada’s main island is home to several nutmeg plantations and mace crops, and has therefore been labeled as the “Spice Isle”. Grenada launched its citizenship by investment program to attract foreign direct investment back in 2013, under the regulations of the Grenada Citizenship by Investment Act.
Dominica is referred to as the nature’s island for its breathtaking beauty. Travel, dive or hike, Dominica has it all! From sandy beaches to lush green mountains to acres of unspoiled tropical rainforest to gushing waterfalls, rushing streams and volcanic wonders, Dominica has so much to offer. The population consists of a diverse blend of English, French, African and Caribbean in culture. It is a politically and economically stable state with high living standards and has the lowest crime rate in the region.