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2017 Key Changes to Caribbean Citizenship Programs

Investment passports

2017 is the year that significant changes happened to the Caribbean citizenship by investment programs (CBI) making it more cheaper to buy a citizenship.

Commonwealth of Dominica

  • USD 100,000 EDF investment and USD 200,000 real estate investment remains the same.
  • Processing fees were reduced by 50% for the those opting for the Real Estate option
  • The age for Dependent children was increased to include those up to 30 years old
  • Processing fee reduced from $3000 to $1000
  • Naturalisation certificate fee reduced from $750 to $250
  • Processing fee of $500 for a child born after approval of citizenship.
  •  A child aged thirty will be accepted under the Citizenship by Investment Programme,

Antigua and Barbuda

  • The donation was reduced by 50% from $200,000 to $100,000 for a family of four (+fees)
  • The Real estate investment $400,000 remains the same but the processing fees for real estate reduced to $50,000 for family of four.

St Kitts and Nevis

  • The Hurricane Relief fund was introduced for $150,000 for a family of four (+fees) compared to the normal SIDF $250,000 donation. HRF is a limited time off expires March 31, 2018.
  • St Kitts signs free waiver with Russia

Grenada

  • Grenada set to reduce price to $150,000 from $200k in 2018, announced by Kaisha Ince, Head of CBI Grenada in 11th Global Citizenship & Residency Conference in Hong Kong.
  • Grenada visa free waiver with Russia and UAE. Grenada already has visa waiver with China.
  • The age for Dependent children was increased to include those up to 30 years old.

Saint Lucia

  • St Lucia reduced the donation investment to USD 100,000 as of Jan, 2017
  • Removed the requirement for an applicant to provide a sworn affidavit to declare financial resources of at least US$3,000,000.00
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