St.Kitts and Nevis has been ranked as the World’s best citizenship by investment program for 2023 following by Grenada in second place and St.Lucia securing the third place. This is the fourth edition of the Best CBI rankings published for 2023 based on the Points Based Score (PBS) model developed by Best Citizenships. This year we have considered about 40 important indicators considered by investors before deciding on the best CBI program to invest in.  Grenada, St.Lucia and Dominica have been the winners in the Best CBI rankings during the previous years. Portugal and Ireland emerged as winners of Best Golden visa rankings.

Grenada is super attractive to CBI investors who look for a Plan B passport which comes with E-2 US visa benefit. St Lucia is another CBI recently becoming highly popular among single investors and Antigua among families.

CBI Awards 2023

Quick summary

  • The Caribbean nations have consistently scored top spots in Best CBI rankings for their competitive pricing and passport benefits
  • Vanuatu dropped in CBI rankings after losing visa free agreement with the EU member states including Switzerland.
  • Malta remains the best investment citizenship program and last remaining CBI programs in Europe.
  • North Macedonia and Montenegro are new comers from Europe, perhaps the youngest of CBI programs.
  • Cyprus, Moldova remain permanently closed.

Best Citizenship by Investment 2023

1 St Kitts and Nevis 270
2 Grenada 268
3 Saint Lucia 257
4 Antigua and Barbuda 252
5 Dominica 247
6 Malta 228
7 Montenegro 224
8 Turkey 223
9 North Macedonia 218
10 Vanuatu 215
11 Egypt 179
12 Samoa 171
13 Jordan 168


Calculations sheet – PDF

CBI Indicators

Each indicator has been assigned with 10 points. The visa free benefits has been assigned a chunk of points including 50 points for BIG-5 nations.

  • Pricing
  • Real Estate
  • Popularity
  • Government securities/ bonds
  • Safety score
  • Visa free total
  • EU schengen
  • UK
  • USA
  • Canada
  • Russia
  • China
  • Wealth (GDP per capita)
  • CBI Passport time (months)
  • Processing speed (days)
  • Residence conditions
  • Right to Vote / Politics / Public office
  • EU citizenship
  • E-2 treaty with US
  • Commonwealth
  • Education Rank
  • Healthcare Rank
  • HDI Rank
  • Confidentiality
  • Tax free
  • Due Diligence
  • Application Difficulty
  • CBI Transparency
  • Passport Validity
  • Personal visit exemption
  • Lifetime Citizenship
  • Family friendly
  • Real estate prices
  • CBI e-platform
  • Stateless people
  • Consulate assistance abroad
  • Quotas / limits
  • Biometric passport
  • Refusal Rate
  • Oaths

Every year we publish rankings on CBI, Golden Visas and Best Citizenships Index and also on most valuable passports in the world.