Which Caribbean Citizenship Program Is Ranked Top In 2022?

 

When it comes to the citizenship by investment (CBI) programs, the Caribbean territory ranks the best because no other region offers as extensive PR programs as this region. However, due to a surge in demand for second citizenship, the competition has even risen among the Caribbean countries.

If you want to know further about which Caribbean citizenship is the most desirable in 2022, check out the following context. In this article, you will find some of the top-ranked Caribbean countries that make the best destination to attain second citizenship.

Top Ranked Caribbean Citizenships

1.      Dominica Citizenship

Several analysts have categorized Dominica citizenship as the most powerful Caribbean passport, and now the official statistics have confirmed this status. You can enjoy visa-free access to more than 130 countries and 21 territories with a Dominican passport. Another attractive aspect of the Dominican passport is its lenient tax policy, which proves extremely helpful to investors.

Briton once occupied Dominica and the legacy still exits there. Therefore, the country’s official language is English and its lifestyle largely has the British influence. Moreover, Dominica’s crime index is also very low, making it a perfect country to live there with family.

Compared to other Caribbean countries, attaining a Caribbean passport is easier. No lengthy documentation or prolonged processing is required. After verifying your identity and showing a clean criminal record, you have to invest a specified amount of $100,000 (for a single person) or $208,000 (for a family of 4) in the selected industries of Dominica. After the investment, you will be granted a Dominican passport within three months.

2.      Grenada Citizenship

Grenada takes the second spot in the list of the top-ranked Caribbean passports, thanks to the number of benefits it provides. Grenada citizenship by investment allows visa-free access to up to 114 countries and has one of the best economic potentials in the Caribbean region.

By investing an amount of $150,000 to $200,000, you can attain PR in Grenada and enjoy all the residency rights as any other citizen. Though Grenada isn’t as established as Dominica, it is still one of the best countries to live in a Caribbean territory.

The crime index of Grenada is almost zero, which ultimately makes it a peaceful region. Besides, those seeking different career opportunities will find Grenada extremely beneficial as it is a hub of multiple careers.

3.      Saint Lucia Citizenship

Saint Lucia is another Caribbean country whose passport is considered one of the most powerful in the Caribbean region. Saint Lucia’s passport has visa-free access to 114 countries, and there are also multiple other territories where you don’t require a visa in advance.

Usually, a second-citizenship holder isn’t granted equal rights as other citizens, but in Saint Lucia, no such thing happens. From the right to vote to the right to a residency at birth, immigrants get to have the same authority as other citizens.

Like other Caribbean countries, attaining second Saint Lucia citizenship by investment is hassle-free. However, depending on different situations, the investment amount can vary from $100,000 to $500,000.

4.      St. Kitts and Nevis Citizenship

St. Kitts and Nevis have the oldest and one of the biggest CBI markets in the Caribbean region. If global mobility is your concern, then St. Kitts and Nevis passport is ideal, as it provides visa-free access to more than 145 countries.

A few years back, Saint Kitts and Nevis was a top-ranked country, but it has been pushed to the fourth in the ranking due to its high investment costs. You can attain citizenship in the country by investing from $150,000 to $400,000.

Another reason for a slight decline in its popularity is its application process which has become stricter. The process has become rather selective due to the immense increase in the popularity of its passport.

St Kitts and Nevis is a perfect match for you if global mobility and cost-effective investment migration is your concern. Compared to other regions, the Dominican and St Kitts offers some of the most advantages and cost-effective CBI schemes. That is why investors are getting more interested in this region, ultimately adding to the overall demand and ranking of these programs.

At AAA Associates, we specialize in helping you obtain second citizenship to secure your future. For more details, reach out to us at AAA Associates or speak to one of our experts at +971 4 563 9500