Five Caribbean countries reached an MoU to increase the investment thresholds for their Citizenship by Investment (CBI) programmes. Saint Kitts & Nevis, Grenada, Antigua & Barbuda, Saint Lucia, and Dominica have nearly doubled their minimum investment thresholds.
However, real estate investment options have remained largely unchanged in most countries. Find out what changed.
New CBI Changes in the Caribbean - Investment Thresholds Per Country
Saint Kitts & Nevis
In a surprising move, St Kitts and Nevis has lowered its investment threshold. The contribution to the country's economy for families of up to four people has decreased from $350,000 to $250,000. Additional family members now require $50,000 (over 18) or $25,000 (under 18), down from $75,000 and $50,000 respectively. The real estate investment threshold remains unchanged at $400,000.
Grenada
Grenada has increased its non-refundable contribution for families of up to four people from $200,000 to $235,000. The minimum cost for a share in real estate purchases has risen from $220,000 to $270,000.
Antigua & Barbuda
Set to implement changes in August 2024, Antigua and Barbuda will increase the minimum contribution to the National Development Fund from $100,000 to $230,000 for families of up to four people. The real estate investment threshold will increase to $325,000.
Saint Lucia
St Lucia has raised the contribution to the National Economic Fund for a family of four from $150,000 to $240,000. The minimum real estate investment has increased from $200,000 to $300,000.
Dominica
Dominica has doubled the minimum contribution to the Economic Diversification Fund for a single applicant to $200,000, with a family of four now required to contribute $250,000. The real estate investment threshold remains at $200,000, but the new rule increases the government fees.
Real Estate Investments: Still Attractive for Caribbean CBI Seekers
Despite the overall increase in investment thresholds, real estate options remain an attractive pathway for Caribbean CBI seekers. Here's why:
Stable Thresholds: Unlike donation options, real estate thresholds have remained relatively stable in most countries. For instance, Dominica's $200,000 real estate option remains unchanged.
Return on Investment: Unlike non-refundable contributions, real estate investments offer the potential for capital appreciation and rental income.
Lifestyle Benefits: Owning property provides a tangible connection to the country, offering a holiday home or potential retirement destination.
Diverse Options: From luxury resorts to eco-lodges, the Caribbean offers a wide range of real estate investment opportunities to suit various preferences and budgets.
Exit Strategy: Most programmes allow investors to sell their property after a holding period, potentially recouping their initial investment.
How We Can Help
Finding your way around the Caribbean Citizenship by Investment programmes can be tricky, especially with the new changes. International Wealth Ventures is here to guide you through the process.