Published on Adviser Coaching

Caribbean Second Passport Programs: 2024 Comparison

The Caribbean is home to five of the world's most established citizenship by investment programs. Each program has evolved over decades, and while they share many similarities, there are meaningful differences in investment options, costs, processing times, and passport benefits that make some programs better suited to particular applicants.

St. Kitts and Nevis

The oldest CBI program in the world, St. Kitts and Nevis has operated continuously since 1984. Investment options include a donation to the Sustainable Island State Contribution fund (starting at 50,000 for a single applicant) or real estate investment in approved projects. The St. Kitts passport offers visa-free access to approximately 156 countries.

Dominica

Dominica consistently offers the lowest minimum investment costs among Caribbean programs, with donations to the Economic Diversification Fund starting at 00,000 for a single applicant. The Dominica program has strong due diligence standards. Passport holders enjoy visa-free access to approximately 145 countries.

Antigua and Barbuda

The Antigua program offers a National Development Fund donation option starting at 00,000 for a family of up to four. A five-day residency requirement over five years applies. The program also offers a business investment option and a University of West Indies Fund contribution option for families planning educational investment.

Key Considerations for Caribbean Programs

All Caribbean CBI programs offer broadly similar passport strength, as the programs share much of the same visa-free access through independent bilateral agreements. The most meaningful differentiators for most applicants are total cost (including government fees, due diligence fees, and professional fees), processing time, and the specific investment vehicle best suited to the applicant's financial profile.