The Caribbean countries offer some of the low cost and affordable citizenship by investment programs in the World. Among all, St Lucia donation option is the cheapest citizenship by investment program for $109,500 for a single applicant.
As far as we can tell, there are only four cheapest CBI programs – St Lucia, Dominica, Antigua, Vanuatu hitting above the $100,000 range. These are the most cost effective and affordable to many families. All other programs such as St Kitts, Grenada exceed the $150,000 mark. We are only talking about donation option here.
The real estate route is more expensive easily exceed $200,000, it does not matter where you apply.
Points to Remember
- The Donation option the cheapest, fastest investment route for citizenship
- St Kitts is offering a USD 25,000 discount under Limited time discount for all applications submitted (LTO) until Jun 30, 2023
- Antigua is the cheapest CBI for families (for family of six or more cheapest is UWI fund )
- St Lucia, Dominica is cheapest for one person (eg. retirees)
- Parents, siblings and biological children can also apply for CBI programs.
- Children/Siblings below Age limit of 30 and must be unmarried can be included under one family application.
- Real estate route is expensive for all CBI can easily exceed $200,000 plus more fees.
- Processing times are only 90 days if all documents in order
- The CBI passport will grant you visa free to over 130 countries (eg. UK. EU, Russia etc..)
The costs provided below are for citizenship by donation option. The minimum for real estate exceed $200,000 plus costs.
One Person (Donation)
- St Lucia – Single person ($109,500)
- Dominica – Single person ($109,950)
- Antigua – Single person ($137,500)
- St Kitts and Nevis – Single person ($132,500)
- Vanuatu – Single person ($135,000)
- Antigua and Barbuda – Families ($146,200)
- Vanuatu – Families ($185,000)
The above costs you pay as donation to government inclusive of government and due diligence fee, assuming you apply as family with spouse and two children below sixteen.
Important to remember that you ONLY do the full investment AFTER your application is approved by government (takes 3 months). All payments done only in stages. Initially, you pay half of lawyer fee plus government fee to file the application with government
The question of which is cheapest, really depends on whether you apply as one person or apply as family. It greatly depends on ages of children and additional family members you include such as siblings or parents.
Family members have a BIG impact on the prices of CBI schemes. The costs increase when more family members according to the framework of CIP legislation established by Governments.
We tell clients, they get what they pay for. Before you pick the best program, carefully weigh the passport benefits with the price.
|CBI||St Kitts||St Lucia||Antigua||Dominica||Vanuatu|
|Passport issued||10 years||5 years||5 years||10 years||10 years|
|Time||60 days||90 days||90 days||90 days||60 days|
|Visa free total||156||146||150||143||135|
These are our rough price calculations on four CBI programs, to give you a better understanding if you can afford.
|CBI Donation||St Kitts||St Lucia||Antigua||Dominica||Vanuatu|
Agency fee not included in the above calculations.
Note: Above are total costs you pay to government (You dont pay anything to Best Citizenships. Our services are free of charge. . The family of 4 assumes two children below 12. Family of six assumes two children below 12 and two parents/siblings. * is UWI fund.
We have excluded St Kitts and Grenada as the costs above $150,000 upwards. If you can afford more, be sure take a look at St Kitts and Grenada. These are the some of the strongest and most powerful passports in the Caribbean. Of course, you can compare all programs using our CBI calculator
Another trick to keep the costs low, is to invest in a fully refundable investment options (eg. Real estate shares, Government bonds etc). No yield or interest will be paid but you get the whole some back after 5 years. We will show you costs for applying as main applicant (single person). Of course, you can add family members anytime later (you dont need to spend everything at the start)
We take example of covid government bonds issued by treasury of st lucia. Fully refunded after 5 years. No extra cost to families
Government bonds – $300,000
Govt processing fee – $50,000
Due diligence – $7500
Additional costs – $1000
Since the $300,000 will be paid back after 5 years, your total costs for st lucia passport is only $58,500
St Kitts and Nevis
We take real estate example of buying a share in a hotel, with full buyback by developer or can be sold at your convenience. (with 3-5% rental yields and 2 weeks holidays per year)
Real estate – $200,000 (share in developers project)
Govt processing fee – $30,000
Due diligence – $7500
Additional – $1000
Since the $200,000 share is bought back by developer after 7 years, your net costs for St Kitts citizenship is only $38,000.
Authorized agents licensed by Government charge a one time fee (payable in installments) to submit your file to the CBI unit. It also varies depending on family members. Please note in all calculations above the agent fee is not included above.
We provide full disclosure of actual costs involved with the CBI programs
- St Lucia – Actual costs
- Dominica – Actual costs
- Vanuatu – Actual costs
- Antigua – Actual costs
- St Kitts and Nevis – Actual costs
- Grenada – Actual costs
Please request a free quote with us specific to your situation.