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Caribbean countries slash prices for CBI passport programs

Prabhu Balakrishnan Avatar
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Due to Covid19 pandemic, caribbean countries that operate citizenship by investment programs have now announced slashing of prices for mainly families.

For families looking to explore second passport opportunities now is best time to apply for citizenship by investment programs in the Caribbean. Most of these offers will only run for a limited time, set to expire by end of 2020.

St Kitts and Nevis

Family of up to 4 will get reduced price to US $150,000 (instead of $195,000) as part of a limited time offering.  No due diligence fee for children under 16.  This limited time discount offer expires on Dec 31, 2020

Saint Lucia

NDF

  • Applicant applying with spouse US$140,000 (previously $165,000)
  • Applicant applying with a spouse and up to two other qualifying dependents US$150,000 (before $190,000)

Covid-19 Relief Govt Bonds

  • Saint Lucia offers Covid-19 relief bonds for citizenship purpose and has slashed the minimum investment to 50% to USD 250,000 (instead of USD 500,000). Processing fee is also waived.

Dominica

  • Family of four with 2 children  USD 175,000 (instead of USD 200,000)
  • Siblings can also apply but have to pay additional USD 50,000.

Please note in total costs include Govt fee plus agent fee. Discounts apply only to investment paid to Government as per rules. No change in fees for single applicant or for real estate or in due diligence fees.

Antigua and Barbuda

The Government has introduced University of West Indies fund (UWI) under the Citizenship by investment program. Only large families can apply

  • UWI  fund launched for large families for $150,000 (inclusive processing fee) which is cheaper than NDF
  • Real estate becomes cheaper as government fee cut to $30,000
  • Nationals of Iraq removed from blacklist
  • Adding Children now possible at any time, just paying $10,000 (under 6 years) and $20,000 (above 6 years). Valid until 31 Oct 2020.

Grenada

Grenada so far has not announced any changes to the CBI program.