Investing just two hundred thousand dollars in five Caribbean nations can secure you citizenship and a passport, granting visa-free access to nearly 150 countries worldwide. The countries offering this opportunity are Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, and Saint Lucia. By purchasing property in these nations, investors can obtain citizenship quickly and easily.
The popularity of this citizenship-by-investment program is rising rapidly, especially due to the political instability in the United States. Nadia Dixon, owner of a real estate firm in Antigua, explained, “Currently, about 70 percent of our buyers are interested in citizenship, most of whom are Americans.” Wealthy individuals from the US, Ukraine, Turkey, and China are taking advantage of this opportunity.
Many foreigners have begun settling permanently in Antigua, as long-term residency without citizenship often posed various challenges. However, the program has sparked controversy. Some locals believe that selling citizenship undermines the country’s national identity.
According to a BBC report, applications for these programs increased by 12 percent in the last quarter of 2024. This indicates that many see second citizenship as a valuable backup plan.
Outside the Caribbean, countries like Saint Vincent and the Grenadines have criticized this policy, warning against turning citizenship into a commodity. Nonetheless, for wealthy individuals seeking tax advantages, business opportunities, and political stability, this option has become increasingly attractive.
This emerging trend reflects the evolving global economic and political landscape and shows signs of expanding further in the future.
+ There are no comments
Add yours