Have you ever considered comparing due diligence fees for CBI programs?. Every Citizenship by investment program is different and due diligence (DD) fees may have an impact on the total costs you receive in your quote.
Agents will ask you to pay this DD fee to start the background checks when filing application. This cost has to be borne by client on top of the donation or real estate investment. The Government uses this money to complete national and international background checks and engage third party service providers to issue risk reports. The checks takes atleast 3 months to complete for all the passport programs.
It is important to closely look at DD costs when you select a CBI program so that becomes cheaper for you. Keep an eye on the applicable fee for children or dependants (per person)
As you can see below from the comparison table,
- Vanuatu is the cheapest when it comes to due diligence fee. Vanuatu charges a flat fee per application (not per person). No additional fee apply for family members or children.
- Grenada is slightly cheaper compared to other Caribbean CBI programs
Single | Family | |
Vanuatu | USD 5,000 per application | included |
St Lucia | Applicant alone- US$7,500
|
Each qualifying dependent over 16 years of age – USD 5,000 |
Dominica | Main applicant – USD 7,500
|
Spouse – USD 4,000
Dependant aged 16 years or above – USD 4,000 |
St Kitts and Nevis | USD 7,500 for the main applicant | USD 4,000 for each dependent of the main application who is over the age of 16 years. |
Grenada | USD 5,000 main applicant | Spouse and Dependent child 17 – 25: USD 5,000 each |
Antigua and Barbuda | USD 7,500 main applicant | USD 7,500 for spouse, USD 2,000 per dependent 12-17, USD 4,000 per dependent 18 and over |
Malta | Applicant Due Diligence Fee €15,000 | Each Dependant €10,000 Benefactor €15,000 |
Montenegro | Main applicant: €7,000 | Family upto 4: €10,000 Additional: €1,500 per person |
Source: Citizenship Investment Units (CIU)
Please note no discounts are allowed by governments with due diligence fees.