The Caribbean is a favorite among yacht owners and sailors as it offers relatively calm seas and diverse islands to explore, warm weather all year long and beautiful scenery. The countries in the Caribbean that offer citizenship by investment are St. Kitts and Nevis, Antigua, Dominica, Saint Lucia, and Grenada. They all have similar requirements but differ in many other features depending on your requirements and needs, and that of your family.
Processing time
The time period from application to approval of the Golden Visa ranges from one month to 6 months.
| Country | St. Kitts and Nevis | Antigua and Barbuda | Dominica | St. Lucia | Grenada | Dominica |
| Processing time | 1 mo. | 3 mos. | 3 mos. | 3 mos. | 3 to 4 mos. | 4 to 6 mos. |
Visa-free travel
The Golden Visa allows the holders the freedom to travel to many countries without the need for a visa.
| Country | St. Kitts and Nevis | Antigua and Barbuda | Dominica | St. Lucia | Grenada |
| Visa Free Travel | 156 countries | 151 countries | 140 countries | 146 countries | 143 countries |
| E-2 Treaty | None | None | None | None | Yes |
- Grenada also includes China, U.K and Singapore and an E2 Investor Visa to the USA.
- Lucia includes Hongkong.
- Dominica includes Hongkong, Singapore and Schengen area.
Amount of investment
All the Caribbean countries that offer the Golden Visa except St. Kitts and Nevis require an investment in real estate and a donation to the government.
| Country | St. Kitts and Nevis | Antigua and Barbuda | Dominica | St. Lucia | Grenada |
| Minimum investment | US$ 150,000 | US$ 200,000 | US$ 200,000 | US$ 300,000 | US$ 220,000 |
| Minimum donation | None | US$ 100,000 | US$ 200,000 | US$ 200,000 | US$ 150,000 |
| Guaranteed investment | Yes | Yes | Yes | Yes | Yes |
St. Kitts and Nevis requires a minimum investment of US$150,000 into a sustainable growth fund for an individual or family of up to four persons OR a US$200,000 investment in property for 7 years or $400,000 for 5 years.
Tax incentives
Each of the countries offer diverse tax incentives.
| Country | St. Kitts and Nevis | Antigua and Barbuda | Dominica | St. Lucia | Grenada |
| Tax incentives | Yes | Yes | Yes | Yes |
- Antigua and Barbuda allows several tax benefits like no taxes on global income, on wealth and inheritance, and capital gains.
- Dominica has several tax benefits that include no personal income tax, corporate tax incentives, and no repatriation of profits restrictions.
- Lucia has no tax on worldwide income while Grenada has no tax on personal income, on wealth or inheritance tax and offers generous corporate tax breaks.
Family
| Country | St. Kitts and Nevis | Antigua and Barbuda | Dominica | St. Lucia | Grenada |
| Spouse and children | Up to 4 | Yes | Yes | Yes | Yes |
| Parents and Grandparents | 55 years | above 55 years | 55 years | above 65 years | above 55 years |
St. Lucia includes not only spouse and children but also parents over 65 years old who are dependents of the visa holder.
Other advantages
| Country | St. Kitts and Nevis | Antigua and Barbuda | Dominica | St. Lucia | Grenada |
| Double citizenship | Yes | Yes | |||
| Physical residency | None | 5 days / 5 years | None | None | None |
Processing fees
| Country | St. Kitts and Nevis | Antigua and Barbuda | Dominica | St. Lucia | Grenada |
| Processing fees | US$ 0 | US$ 30,000/4 | US$ 1,000 | US$ 2,000 | US$ 1,500 |
| Dependents | US$ 15,000 | US$ 1,000 | |||
| Additional Fees | US$ 1,000 & 500 |
Application fees
| Country | St. Kitts and Nevis | Antigua and Barbuda | Dominica | St. Lucia | Grenada |
| Application Fee | US$ 250/person | US$ 0 | US$ 0 | US$ 0 | US$ 1,500/person |
Due diligence
| Country | St. Kitts and Nevis | Antigua and Barbuda | Dominica | St. Lucia | Grenada |
| Main Applicant | US$ 7,500 | US$ 7,500 | US$ 7,500 | US$ 7,500 | US$ 5,000 |
| Dependents | US$ 4,000 | Up to US$ 4,000 | US$ 4,000 | US$ 5,000 | Up to US$ 5,000 |
Note: Amount differs according to the age of dependents for Antigua and Barbuda and Grenada
Interview
| Country | St. Kitts and Nevis | Antigua and Barbuda | Dominica | St. Lucia | Grenada |
| None | None | None | None | None |
Characteristics of the countries that offer citizenship by investment in the Caribbean
St. Kitts and Nevis
St. Kitts and Nevis, two islands located in the eastern Caribbean Sea and known for its mountains and beaches and is a favorite Golden Visa destination. It has the oldest citizenship by investment program in the world. The St. Kitts and Nevis Golden Visa program is perfect for investors who need a second passport for travel and easy access to many countries.
Antigua and Barbuda
Antigua and Barbuda is a Commonwealth country comprising two islands and several smaller ones in the Caribbean and has one of the newest citizenship by investment program.
Dominica
Dominica is an island in the Caribbean of endless beaches and has one of the most affordable and flexible citizenship by investment programs.
St. Lucia
St. Lucia is an island of mountainous landscapes with lush vegetation and where there are two volcanic mountains near the beach. Their citizenship by investment program was launched in January of 2016.
Grenada
Grenada is known for its tropical forests, waterfalls and beaches including several submerged volcanoes. It has one of the newest citizenship by investment programs and includes the E-2 treaty Investor Visa signed between Grenada and the United States that allows citizens of Grenada to operate a business in the US and reside there. Investors can first obtain Grenada citizenship, then apply for a US E2 Visa.