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Prices of Caribbean Citizenship to rise- The best time to apply is now!
The Caribbean Citizenship by Investment programs has provided second passports to families for the past 40 years and are renowned for their easy and safe returns. These programs effectively draw foreign capital and seek opportunities for individuals and families to apply for second passports. They provide numerous benefits including visa-free travel, security and stability, safe dual citizenship, and many more, which are the reasons for their growing popularity.
Changes in the Caribbean Citizenship Programs
New amendments have been made to four popular Caribbean programs to strengthen their nature. The Caribbean countries – Antigua & Barbuda, Commonwealth of Dominica, Grenada, and Saint Kitts & Nevis, respectively signed a memorandum of understanding (MoU) with new regulations to enhance Citizenship by Investment programs.
One of the biggest changes in the regulation, effective June 30th, 2024, includes an increase in the minimum investment amount required for obtaining citizenship. They are as follows:
- Commonwealth of Dominica will increase from $100,000 to $200,000.
- Grenada will increase from $150,000 to $200,000.
- Antigua & Barbuda will increase from $100,000 to $200,000.
- Saint Kitts & Nevis is at $250,000 to remain premium and competitive.
This decision comes after substantial deliberation between the EU, UK, and US Treasury Department to comply with a new set of guidelines and promote regularity amongst all the programs eliminating any risk of inconsistency.
The new regulations also state disciplinary rules in the sanctions to ensure transparency and credibility following international guidelines.
The memorandum also includes new regulations to maintain a high level of diligence by undertaking security measures that ensure proper screening. Along with this a new introduction of interviews prior to final approvals is added.
The four signatory countries have taken this step to create the utmost standards in the programs as well as increase the processing guidelines to ensure integral and fair practices are being performed. This will also reduce any disparities in the process making investors receive the total value of their investment.
Alternative Programs
The Citizenship by Investment program of St. Lucia remains unchanged as of now, however it will change in the near future. Currently, the prices for St. Lucia’s Citizenship by Investment program start from the minimum amount of $100,000. Check out more about the program’s cost, features, and benefits here.
Apart from Caribbean programs, we also offer other programs such as Vanuatu, Malta, Turkey, and more. These offer excellent prices with the best benefits for families seeking a second passport. Check out more information here.
The signing of Antigua & Barbuda, Commonwealth of Dominica, Grenada, and Saint Kitts & Nevis marks a new milestone for the future of Citizenship by Investment programs. The collaboration will showcase a cohesive approach contributing to the development of Caribbean countries. It will also set a standard for Citizenship by Investment programs and enhance the overall process making it smooth and principle.
What is the best time to apply to the Caribbean programs?
The best time to apply for the Caribbean programs is right now. Securing a spot before June 30th, 2024, will allow you to obtain a second passport without paying the higher price.
At UNO Capital, we are committed to providing families with a second passport using transparent and standardized guidelines. We have also been recognized as a leading licensed agent for Caribbean programs. For more information, check out our Citizenship by Investments here.
At UNO Capital, we are committed to providing Citizenship by Investment solutions to help families achieve their dreams of a second passport. As the leading experts in the field, we advise you to invest now before the prices rise by June 30th, 2024. This will help you to receive a second passport without paying higher amounts.
Give us a call at +971 50 895 6330 or reach out to us at info@uno-capital.com for further information.
Get in Touch
Considering embarking on the journey towards a second citizenship through investment? We’re here to guide you every step of the way. Our team of experts is just a call or an email away, ready to provide you with bespoke advice tailored to your unique needs. Reach out to us on +971 4 393 0 393 or drop us an email at info@uno-capital.com.
For your convenience, our contact form is also available for any inquiries or to schedule a consultation. Let us help you navigate the path to your new citizenship, ensuring a seamless and secure investment process.
