Investor's Guide to Caribbean Citizenship by Investment from Dubai, UAE
Holding second citizenship in one of the Caribbean countries provides a wide range of business opportunities, as well as advantages to you and your family. An investor from Dubai, UAE has several choices for Caribbean citizenship and it can be a painstaking process to weigh your options, learning each investment program and the benefits afforded to citizens of each country. To help people who are interested in securing citizenship in one of the Caribbean countries, we’ve put together an investor’s guide to help them navigate the processes and which benefits serve their interests the best.
Read below and discover which citizenship aligns with your interests the most.
Why Citizenship in Caribbean Countries?
Caribbean citizenship is a strategic choice for investors, giving them an opportunity to choose their taxation jurisdiction, a second home to escape political instability, and an array of other advantages that provide business opportunities, as well as other opportunities for their families. Several countries in the Caribbean offer Citizenship by Investment (CBI) programmes that allow high-net-worth individuals access to citizenship without going through the long standard immigration process.
The Caribbean nations that offer Citizenship by Investment aren’t the only countries to do so, but they are frequently regarded as the top investment programmes in the world.
Citizenship by Investment Programs
Citizenship by Investment programmes is exactly as they sound, an investor makes an investment in a government-approved development or fund in exchange for citizenship in that country. Each nation has its own laws and processes for how to become a citizen via investment, but they aren’t too dissimilar from the Caribbean nations that offer them. While they don’t all offer a donation to a government fund, they all do provide a real estate investment route to applicants.
The steps for each country are similar, though the fees and benefits differ:
1.
Sales & Purchase Agreement:
Sign an agreement and submit your deposit.
2.
Application & Fees
Both the processing fees, due diligence, and other applicable fees must be paid along with the application directly to the service provider.
3.
Processing & Payment
The application process can take up to 120 days. Upon approval of citizenship, the main applicant then pays the remaining balance and applicable Grenada government fees.
4.
Closing & Transfer of Passports
Proof of ownership will be submitted to the Grenada government, and you will receive your passports.
There are three countries in particular that offer celebrated Citizenship by Investment programmes and that are of prime interest to investors from Dubai, UAE. Read through the three countries below and learn about each of their benefits and the associated fees of their citizenship programmes.
Grenada Citizenship
Grenada is a popular choice among investors for the amount of visa-free travel their passport and citizenship grants an applicant. There are a host of other benefits as well, such as:
- Visa-free travel to over 140 countries, including the United Kingdom, the Schengen countries, and China.
- Dual citizenship for life: The investor and their family are granted citizenship in Grenada that passes down through the generations, and includes unlimited dependents without being required to visit or reside in Grenada.
- The investor can grow their wealth through their investment by benefiting from Grenada’s tax-efficient jurisdiction.
- Exiting the investment after a 5-year holding period, without the loss of citizenship in Grenada
To learn more about Grenada’s Citizenship by Investment programme, we encourage you to read here:
Saint Kitts & Nevis Citizenship
St. Kitts and Nevis have the oldest Citizenship by Investment programme in the Caribbean, providing its own array of advantages that investors from Dubai could benefit from:
- Visa-free travel to over 157 countries, including the United Kingdom, Schengen countries, Singapore and others
- Dual citizenship for life. The main applicant and their family are granted citizenship in St. Kitts which is passed down to their descendants without a requirement for residency or visiting St. Kitts first.
- St. Kitts and Nevis is a member of the Commonwealth, entitling citizens to certain privileges in both the U.K. and other Commonwealth nations.
- Investors can grow their wealth through their real estate investment by benefiting from the tax-efficient jurisdiction.
- The applicant can exit their investment after a 7-year holding period without losing their citizenship or benefits.
To learn more about St. Kitts’ Citizenship by Investment programme, we encourage you to read here:
Dominica Citizenship
Dominica’s Citizenship by Investment programme is celebrated due to the wide-ranging opportunities it provides applicants through the many benefits it grants citizens:
- Visa-free travel to over 140 different countries
- Dual citizenship for life. The principal applicant and their family are granted citizenship for life and are passed down to their descendants without a requirement for residency or visiting Dominica first.
- Investors can grow their wealth through their real estate investment by benefiting from the tax-efficient jurisdiction.
- The applicant can exit their investment after a 5-year holding period without losing their citizenship or their benefits.
To learn more about Dominica’s Citizenship by Investment programme, we encourage you to read here:
Range Developments as Your Investor Guide
We at Range Developments have CBI resorts in each of the countries listed, providing citizenship opportunities in luxury developments no matter which of the Caribbean nations an investor chooses. We have extensive experience guiding applicants through the CBI process and hold productive relationships with each of the governments. By aligning with Range Developments, you gain the advantage of citizenship with a partner who is the leading and most successful developer in the Caribbean.
To begin your journey to Caribbean citizenship, connect with one of our representatives below:
Contact Range Developments – Your Path To Citizenship by Investment