CBI Explained

CITIZENSHIP BY INVESTMENT FAQs

A Citizenship by Investment (CBI or CIP) program offers you the opportunity to acquire a new or additional citizenship legally without a large amount of disruption and distraction to your daily life.

  • Global Mobility: Citizenship by Investment can offer you the ability to travel more freely than with your existing nationality. This is a fundamental freedom that all global citizens should be able to enjoy.  
  • Quality of Life: Top class education, higher levels of living, better environmental standards, social & political rights, are just some of the factors which citizenship by investment can offer you with global mobility, and thus lead to an improvement in your quality of life.
  • Security: Freedom of political expression, safe countries without conflict or social disruption, acceptance of your and & your family’s way of life are democratic rights that all Global Citizens are afforded by citizenship by investment.
  • Education: The opportunity and the freedom of your family to choose a type and top level of education that maybe not available to you with your current nationality is given to you with Global Mobility via citizenship by investment.

Economic (Tax-Free) Benefits: Financial planning, along with the opportunity to choose tax residence and regime, can greatly enhance your family's financial security throughout your life and for the life of your family. Additionally,  benefits such as no tax on worldwide income, exemption from capital gains tax, and other favorable tax provisions can further strengthen your financial position and ensure your family's lasting prosperity.

 

Eligibility and Requirements

Individuals over 18 with no criminal record and the ability to make the required investment can be eligible for Caribbean CBI programs. (Consult each country's requirements for specific criteria.)

 

Applicants must be at least 18 years old to qualify for Caribbean CBI programs. Refer to individual country requirements for detailed information.

Typically required documents for Caribbean CBI programs include:

  • A valid passport
  • Birth certificate
  • Medical certificate
  • Police clearance certificate
  • Proof of funds
  • Investment documents
  • Different countries may have additional or varied document requirements.

Investment Options and Costs

The investment options usually include:

  • Real estate investment
  • Donation to a national development fund
  • Business investment
  • Government bonds

Investment options may differ by country.

The minimum investment amount typically starts at around US$200,000, though this can vary depending on the country and the type of investment. Check specific country requirements for precise amounts.

The total cost for obtaining a Caribbean passport through CBI programs often ranges between US$260,000 to over US$300,000 including processing fees and due diligence fees.

Application Process

The application process usually takes between 3 to 6 months. Processing times may differ across countries.

There is no residency requirement except Antigua (5 days during the first 5 years of receiving Antiguan passport)

Licensed agents such as ATBGM help gather required documents, ensure compliance with legal requirements, and liaise with the government on behalf of the applicant.

Due Diligence and Background Checks

Background checks include verifying the applicant's financial records, criminal history, and any potential connections to illegal activities.

The due diligence process is thorough and involves multiple checks to ensure the applicant's legitimacy, including checks by both the country offering CBI and third-party agencies. Online interviews are conducted for all applicants over 16 years of age

Yes, there are additional fees for due diligence checks, often ranging from $5,000 to $10,000 per applicant.

Benefits and Rights

Caribbean passports often allow visa-free or visa-on-arrival access to over 140 countries, including the EU Schengen Zone, the UK, and some countries in Asia and South America.

Generally, CBI citizens enjoy the same rights as natural-born citizens, including the right to reside, work, and study in the country.

Many Caribbean countries do not impose taxes on worldwide income, capital gains, inheritance, and wealth, making them attractive for tax planning.

Program Differences

CBI programs vary significantly in their investment amounts, required contributions, processing times, and specific benefits like travel access or tax incentives.

All programs are fairly similar in pricing. Dominica is the only one that offers lower pricing for single applicant.

Citizenship Status

Yes, the citizenship granted through CBI programs is usually permanent, though it can be revoked under specific conditions such as fraud and if purchased through discounting.

Yes, Caribbean CBI citizenship can generally be passed on to future generations.

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