Since the recent changes in pricing for Caribbean Citizenship by Investment (CBI) programmes, many investors are curious about which option now offers the best value. While cost is a significant consideration, the range of benefits provided by each programme is equally important. To help potential investors make an informed decision, we have compared the CBI real estate routes across five Caribbean nations: Grenada, St. Kitts, Dominica, St. Lucia, and Antigua. The comparison table below clearly demonstrates that Grenada excels in all evaluated factors.
Citizenship by Investment Features | |||||
---|---|---|---|---|---|
Grenada | St. Kitts & Nevis | Dominica | St. Lucia | Antigua | |
Minimum investment amount - real estate option | $270,000 | $400,000 | $200,000 | $300,000 | $300,000 |
Visa free to the Schengen Zone | ✓ | ✓ | ✓ | ✓ | ✓ |
Visa free to the UK | ✓ | ✓ | x | ✓ | ✓ |
Visa free to Russia | ✓ | ✓ | ✓ | x | ✓ |
Visa free to China | ✓ | x | ✓ | x | ✓ |
No requirement of residence or visit | ✓ | ✓ | ✓ | ✓ | x |
Resale and subsequent buyer to qualify for citizenship application | ✓ | ✓ | ✓ | x | x |
Minimum holding period | 5 | 7 | 5 | 5 | 5 |
Internationally recognised and accredited university | ✓ | ✓ | x | x | ✓ |
Addition of siblings (additional fees may apply) | ✓ | x | x | x | ✓ |
Addition of grandparents | ✓ | x | x | x | x |
Dependent children above 18 do not have to be in fulltime education | ✓ | x | x | x | ✓ |
Citizenship can be passed down in perpetuity | ✓ | ✓ | ✓ | x | x |
New Minimum Investment Amounts
Grenada offers a competitive minimum investment amount of $270,000 for the real estate option. While this is slightly higher than Dominica’s $200,000, it remains significantly lower than St. Kitts ($400,000), St. Lucia ($300,000), and Antigua ($300,000). This balance between affordability and value positions Grenada as an attractive option for potential investors. La Vida offer several real estate projects in Grenada and one developer is offering investors a $50,000 return on completion, substantially reducing the overall outlay down to $220,000, plus fees.
Visa-Free Travel
All the mentioned Caribbean nations enjoy visa-free access to the EU Schengen Zone. In addition to this, Grenadian citizens have the added advantage of visa-free travel to China and Russia, adding considerable value to Grenadian passport holders.
RESIDENCY REQUIREMENTS
Grenada’s CBI programme does not require any physical residence or visitation, making it convenient for global investors who may not wish to relocate. This flexibility is a significant advantage for those looking for a straightforward and hassle-free citizenship process. The only country that currently has a minimum stay requirement is Antigua. However, it is only five days within five years, so it is very achievable for most investors.
RESALE AND CITIZENSHIP ELIGIBILITY
Grenada allows the resale of the property, and the subsequent buyer can also qualify for citizenship. This feature helps the investment remain valuable and provides an exit strategy for investors. The minimum holding period for this benefit is five years, which is on par with Dominica and more favourable than the seven years required by St. Kitts.
ADDITIONAL BENEFITS
Grenada’s CBI programme includes several other notable benefits:
- There is no requirement for residence or visit, allowing investors to manage their investments remotely.
- The programme offers the opportunity to include siblings (additional fees may apply) and grandparents in the application.
- Dependent children above 18 do not have to be in full-time education to qualify, providing more flexibility for families.
- Citizenship can be passed down in perpetuity, ensuring that future generations can also benefit from Grenadian citizenship.
Grenada’s CBI real estate option stands out due to its competitive investment threshold, extensive visa-free travel opportunities, and flexible terms. The combination of these benefits, along with additional family inclusions and resale opportunities, makes Grenada an attractive destination for investors seeking a beneficial and secure second citizenship. For more information and a full quotation, contact La Vida’s experts.