The Caribbean countries offer the cheapest and most affordable citizenship by investment programs for Indians, starting from USD 100,000 (donation route). The real estate investment starts from $200,000 in the Caribbean region. Five countries that offer fastest citizenship for the right price are St.Kitts & Nevis, Saint Lucia, Dominica, Antigua Barbuda and Grenada. Vanuatu also competes with same price tag.
The cheapest CBI for Indians is St.Lucia/Dominica which costs $109,500 inclusive of government fees, additional costs applicable for family members. Turkey also offers the quick citizenship for buying real estate $400k onwards.
Many NRI Indians have a preference for strong passport offered by St Lucia, St Kitts, while those from the mainland seek the E-2 visa benefit that comes with Grenada passport. Wealthy indians prefer investing in Maltese citizenship which costs well above $800,000. Millionaire Indians pursue highly respectable EU citizenship option through Malta for their families doing a direct investment.
CBI | Donation | Real Estate |
St Kitts & Nevis | $125,000 (Limited time) | $200,000 |
Saint Lucia | $100,000 | $200,000 |
Dominica | $100,000 | $200,000 |
Antigua & Barbuda | $100,000 | $200,000 |
Grenada | $150,000 | $200,000 |
Vanuatu | $130,000 | $175,000 |
Turkey | – | $400,000 |
Malta | €750,000 | – |
Note: Montenegro, Moldova, Bulgaria and Cyprus have ended their investment citizenship programs
Note Indian nationals must make careful planning when acquiring a foreign citizenship, as India restricts holding dual passports. Non resident indians (NRI) who hold foreign passport can freely apply for caribbean passport to maximize their visa free travel benefits. A record number of indians renouncing their indian citizenship to pursue new opportunities and life abroad.