Second citizenship is a significant investment. And although it pays for itself with benefits like increased global mobility and wealth protection, you might prefer to secure a tangible asset, as well as a passport.
That’s where real estate in the Caribbean comes in.
Investing into the second citizenship real estate programmes we discuss below gives you both second citizenship and a tangible real estate asset. And those real estate options are so attractive that second citizenship becomes almost an afterthought.
Here are the best four second citizenship estate options in the Caribbean.
1. Grenada
Secure citizenship and a high-yield property through the Grenadian second citizenship programme.
The Grenadian programme is one of the most popular second citizenship real estate options in the Caribbean.
You could secure Grenadian citizenship in only 3 to 4 months by investing USD 350,000 into property on the island. You can choose from an extensive government-approved list of developments which includes award winning 5* luxury hotels, resorts and villas – and your rental yield potential is excellent.
That’s why real estate on Grenada is booming, with a 71% increase in real estate transactions from 2013 to 2015, then another 25% increase from 2015 to 2016.
Real estate on Grenada is booming, with a 71% increase in real estate transactions from 2013 to 2015, then another 25% increase from 2015 to 2016.
Real estate on Grenada is a very sound investment opportunity in its own right, but add the Grenadian passport – the 26thmost powerful passport in the world in 2018 – and favourable tax laws – like exemption from capital gains and inheritance tax – this becomes an unmissable opportunity. You’ll also be eligible for the USA E-2 Visa allowing you to apply for a Green Card, start a business and live in the United States.
And it’s not just you who’ll benefit, because your initial investment covers a family of four. You get four new passports, four new worlds of opportunity, and a highly-desirable property – all for just over USD 350,000.
2 – Dominica
Get a lifetime of benefits from Dominica for only three years’ investment into real estate.
Dominica is one of our favourite options for real estate in the Caribbean, because you need a low initial outlay and enjoy guaranteed returns from the approved developer.
Here’s the deal. You invest USD 200,000 into a government-approved development and receive solid annual returns.
Then once you invest, you receive citizenship – and all the benefits attached. Like a Dominican passport that in 2018 unlocks 123 countries on visa-free or visa-on-arrival terms. Or a tax haven with no capital gains, estate or inheritance tax.
And that’s not all. You need only hold your real estate on Dominica for three years to lock your citizenship in for life, and there’s an almost guaranteed resale market because most investors resell to another investor under the citizenship programme.
3 – Antigua and Barbuda
Join the global elite with property – and a passport – from Antigua and Barbuda.
Antigua and Barbuda is one of the newer second citizenship programmes but it’s quickly become a frontrunner for prospective real estate investors.
You could secure second citizenship in Antigua and Barbuda in only three months, for an investment of USD 200,000 into real estate.
Forget second citizenship for a moment. Now is a fantastic time to invest into real estate on the islands, as the property market continues to boom.
You could secure second citizenship in Antigua and Barbuda in only three months, for an investment of USD 200,000 into real estate.
Antigua and Barbuda draws the successful, rich and famous from all across the globe and have a vibrant international community (including the likes of Robert De Niro, who recently invested USD 250M into real estate on Barbuda). This means demand is high to live on the islands, and the prospective yield from your investment is impressive.
Then there’s the second citizenship deal. A passport from Antigua and Barbuda unlocks more than 130 countries on visa-free or visa-on-arrival terms, plus the country offers a very attractive tax landscape with no personal income tax, capital gains nor inheritance tax. So you’re making money by protecting money.
4 – Saint Kitts and Nevis
Trust the longest-running second citizenship programme and capitalise on St. Kitts and Nevis’ booming real estate market.
Saint Kitts and Nevis’ second citizenship programme was the first in the world, established in 1984. In other words, you know this is a second citizenship programme and process you can trust.
Longevity isn’t the only reason to choose Saint Kitts and Nevis though. The islands boast a thriving real high-end tourism sector, which creates a very attractive real estate market with impressive potential returns. From 2009 to 2012, for instance, apartment values increased up to 9%. All sources indicate further acceleration in property appreciation, making this a very good time to invest.
And Saint Kitts and Nevis second citizenship programme makes it easy. From USD 200,000, you can secure property here – and a second passport, the 21ststrongest in the world, to boot. Within only 60-days, if you choose the accelerated option for an extra $25k.
Plus you only need to hold the property for seven years (with the 200K option) so you don’t tie up your money long-term. Or you can invest more upfront – USD 400,000 – and sell within five years. Throughout the investment period, you will be earning a very steady annual investment return between 3-5%.
After that period, your citizenship is guaranteed for life so you’ve always got a secure second home if you need it. And being the Caribbean, you can trust your wealth is looked after.
All those factors mean Saint Kitts and Nevis is at the top of many investors’ lists when it comes to second citizenship through real estate in the Caribbean.
Second citizenship is one of the most sensible investments you can make for you and your family, whichever programme you choose. But these four add an extra element through their real estate investment options – all of which would be a sound investment in their own right. Add the two propositions together to gain second citizenship through real estate, and you get an offer too good to miss.
Next Generation Equity is a government-approved provider of second citizenship and residency programmes tailored to the individual needs of discerning clients across the globe. To learn more about our programmes, please sign up for a free consultation via the form below.
