Caribbean Real Estate

The Caribbean’s unusual reliance on the tourism industry is a quirk. This translates to consistently rising property values, making purchasing real estate Caribbean region like investing in a profitable asset that will yield profits through future resale or rental income. Not to add, compared to European nations, you may purchase a luxury property here for yourself at a reasonable price.

What are the benefits of buying property in Caribbean?

The good news is that you may obtain a second citizenship through the booming Caribbean real estate industry. By investing in the Caribbean Citizenship By Investment programs, implies that buying property in this area might increase your income and reduce your tax liability because five Caribbean nations provide a zero tax system along with other advantages. One such is St. Lucia, whose citizenship by investment program is available for $USD100,000 invested in real estate. Even more affordable fees are available for citizenship in certain other Caribbean nations.

The opportunity to migrate to an island with a wonderful climate, turquoise sea, and white-sand beaches exists for those who are legally citizens of the Caribbean.

Caribbean Citizenship By Investment Programs

Saint Lucia CIP

The Saint Lucia Citizenship by Investment Program, which was launched in 2015, is the newest in the Caribbean and offers one of the most powerful passports among fast track citizenship programs. Those who apply are given permanent citizenship and a passport without having to live there or give up their present nationality.

  • 3 to 4 months for processing
  • No-visa travel to 146 nations, including those in the Schengen region, the United Kingdom, Singapore, and Hong Kong, provide instant visa-free travel.
Contributions to the St. Lucia government fund, real estate investments, or government bonds are examples of some of the types of investments you can make.
  • Investment costs $100,000 for a single application to St. Lucia’s National Economic Fund; $300,000 for real estate; or government bonds (USD 250,000)
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Family reliants such as spouse, minor children, young adults, and seniors siblings under the age of 18 and parents over the age of 55
  • Five (5) year passport validity

Grenada Passport Program

In August 2013, the Grenada Citizenship by Investment Program was made public. The Grenada program is the only one in the Caribbean to offer visa-free travel to China and the chance to apply for an E-2 “Investor Visa” to live in the US. Those who apply for citizenship in Grenada receive an unrevocable citizenship and passport without having to live there or give up their present nationality.

  • 5 months for processing
  • No-visa travel to 144 nations, including those in the Schengen region, China, the United Kingdom, Singapore, and Hong Kong, provide instant visa-free entry.
  • Investment in Grenada-approved projects or Contribution to the Government of Grenada
  • Real Estate Investment or a $150,000 contribution to Grenada’s National Transformation Fund (USD 200,000 for family of 4)
  • Dependent family members including spouse, kids under 30, grandparents over 55, parents who are elderly, and siblings who are 18 or older.
  • Five (5) year passport validity
 
 
 
 
 
 

St. Kitts Citizenship By Investment

Since it began in 1984, the St. Kitts and Nevis citizenship-by-investment program has allowed foreigners to become citizens under specific restrictions. As a result, it is both one of the most respected and the oldest citizenship-by-investment programs still in existence. Applicants can get an irreversible St. Kitts and Nevis passport without settling there or giving up their present citizenship.

  • Average processing time is 4 months, with an expedited application process taking 45 to 60 days.
  • 156 nations—including those in the Schengen region, the United Kingdom, Switzerland, Singapore, and Hong Kong—allow travel without a visa.
  • Donation of USD 150,000 for a single application, real estate of USD 200,000 in shares, or USD 400,000 in a unit are the investment costs
  • Investment Type Real Estate Investment in a Government-Approved Project or Donation to a Sustainable Growth Fund
  • Family reliants spouse, children under the age of 31, parents of the primary applicant or spouse who are older than 55, and unmarried siblings between the ages of 18 and 30
  • Passport expiration :- It is valid for 10 years for those above the age of 16, while for those under 16 it is good for five years.

What Are The Risks Of Investing In Caribbean Real Estate?

What are the restrictions on foreigners owning property in Caribbean?

Can I get a mortgage to buy property in Caribbean?

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