• Latest
  • Trending
  • All

The Caribbean islands that give you a passport if you buy a home

July 28, 2025

US musician Oliver Tree dies in helicopter collision in Brazil

June 15, 2026

US and Iran agree deal to end war as Trump says Strait of Hormuz to reopen

June 15, 2026

'Boyfriend duties call,' Trudeau says after skipping Canada match to watch Perry

June 15, 2026

Taboo subjects on the table at women's health event

June 15, 2026

When will social media ban start and what platforms are included?

June 15, 2026

Oil prices slide after Pakistan announces deal between US and Iran

June 15, 2026

Starmer set to ban under-16s from major social media platforms

June 15, 2026

Social media on trial: Four important cases to watch

June 15, 2026

Hamilton says Barcelona win beyond wildest dreams

June 14, 2026

UK electric car sales target set to be weakened

June 14, 2026

Why the US economy keeps defying the odds

June 14, 2026

What we know about US sea drone used in helicopter crew rescue mission

June 14, 2026
News
  • Login
  • Home
  • News
  • Sports
  • Worklife
  • Travel
  • Reel
  • Future
  • More
Monday, June 15, 2026
No Result
View All Result

NEWS

3 °c
London
8 ° Wed
9 ° Thu
11 ° Fri
13 ° Sat
  • Home
  • Video
  • World
    • All
    • Africa
    • Asia
    • Australia
    • Europe
    • Latin America
    • Middle East
    • US & Canada

    US musician Oliver Tree dies in helicopter collision in Brazil

    US and Iran agree deal to end war as Trump says Strait of Hormuz to reopen

    'Boyfriend duties call,' Trudeau says after skipping Canada match to watch Perry

    Clinical Australia upset Turkey in World Cup opener

    Swiss voters reject 10 million population cap, early projections say

    World Cup 2026: Fifa to pay Somali referee full tournament fee

    Vincent's parents 'never say he's good enough' – so he turned to a middle-aged couple online

    Royal Marines board Russian shadow fleet oil tanker in English Channel

    Armed men kidnap high-ranking security official in Haiti

  • UK
    • All
    • England
    • N. Ireland
    • Politics
    • Scotland
    • Wales

    Starmer set to ban under-16s from major social media platforms

    Hamilton says Barcelona win beyond wildest dreams

    Sinkholes near Purley bridge halt Gatwick trains

    Glasgow race attacks a 'mark against the reputation of the city'

    Jade Jones could face Sheena Bathory after dominant second boxing win

    Days of violence 'a stain on NI's international reputation'

    Molly Russell's dad says PM rushing social media restrictions 'deplorable'

    Eight arrests at anti-immigration and counter protest in Brighton

    Thousands gather for anti-racism rally in Belfast after disorder

  • Business
    • All
    • Companies
    • Connected World
    • Economy
    • Entrepreneurship
    • Global Trade
    • Technology of Business

    Oil prices slide after Pakistan announces deal between US and Iran

    UK electric car sales target set to be weakened

    Why the US economy keeps defying the odds

    Teen plans to leave uni 'debt free' after making £35,000 selling vintage football shirts

    Beauty Pie LED mask ad banned over misleading anti-wrinkle claim

    Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut

    'I was employee number one at SpaceX'

    Reporter Reads

    Elon Musk’s SpaceX raises $75bn ahead of record stock market debut

  • Tech
  • Entertainment & Arts

    Meghan hits red carpet at Power of Women in Hollywood

    Margot Robbie unable to speak at Saltburn premiere

    Barbra Streisand: Siri can now pronounce my name

    Wes Anderson’s The Grand Budapest Hotel inspires cinema’s look

    Taylor Swift/ Travis Kelce romance reaches White House

    The Killers booed at Georgia concert after inviting Russian fan on stage

    Watch: Memorable moments from Parkinson's star-studded show

    Tom Jones: Neighbour surprised to find singer in flat below

    Black Country Folk Festival showcases local musicians

    Watch: Australians set new world record with Tina Turner dance

  • Science
  • Health
  • In Pictures
  • Reality Check
  • Have your say
  • More
    • Newsbeat
    • Long Reads

NEWS

No Result
View All Result
Home Business

The Caribbean islands that give you a passport if you buy a home

July 28, 2025
in Business
9 min read
240 13
0
492
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Gemma Handy

Business reporter

Reporting fromSt John’s, Antigua
Nadia Dyson Nadia Dyson, owner of estate agency Luxury Locations, smiles at the camera as she stands on a beach in AntiguaNadia Dyson

Estate agent Nadia Dyson says there has been a big increase in the number of people seeking Antiguan citizenship

Scroll through homes for sale in the Eastern Caribbean and it is no longer just bewitching beaches and a laid-back lifestyle being touted to woo buyers.

More and more property listings are offering a passport too – and political and social volatility in the US is said to be fuelling an upsurge in interest.

Five of the region’s island nations – Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis, and St Lucia – offer such citizenship by investment (CBI) from as little as $200,000 (£145,000).

Buy a home, and you also get a passport that grants the holder visa-free access to up to 150 countries including the UK and Europe’s Schengen area.

For the wealthy, the islands’ absence of taxes such as capital gains and inheritance, and in some cases on income too, is another major draw. And all five of the region’s schemes allow buyers to retain their existing citizenship.

In Antigua, estate agents are struggling to keep up with demand, says Nadia Dyson, owner of Luxury Locations. “Up to 70% of all buyers right now are wanting citizenship, and the vast majority are from the US,” she tells the BBC.

“We don’t talk politics with them, but the unstable political landscape [in the US] is definitely a factor.

“This time last year, it was all lifestyle buyers and a few CBI. Now they’re all saying ‘I want a house with citizenship’. We’ve never sold so many before.”

Despite Antigua’s programme having no residency requirement, some purchasers are looking to relocate full-time, Ms Dyson says, adding: “A few have relocated already.”

US citizens account for the bulk of CBI applications in the Caribbean over the past year, according to investment migration experts Henley & Partners.

Ukraine, Turkey, Nigeria and China are among the other most frequent countries of origin of applicants, says the UK firm which has offices around the world.

It adds that overall applications for Caribbean CBI programmes have increased by 12% since the fourth quarter of 2024.

Getty Images A man holding a St Kitts passportGetty Images

Passports from the five island nations give the holder visa-free entry to most countries around the world

Everything from gun violence to anti-Semitism is putting Americans on tenterhooks, according to the consultancy’s Dominic Volek.

“Around 10-15% actually relocate. For most it’s an insurance policy against whatever they’re concerned about. Having a second citizenship is a good back-up plan,” he explains.

Mr Volek says the ease-of-travel advantages the Caribbean passports provide appeals to businesspeople, and may also present a security benefit. “Some US clients prefer to travel on a more politically-benign passport.”

Prior to the Covid pandemic, the US was not even on Henley’s “radar”, Mr Volek continues.

Movement restrictions proved “quite a shock” for affluent people used to travelling freely on private jets, prompting the first surge in stateside CBI applications. Interest ratcheted up again after the 2020 and 2024 US elections.

“There are Democrats that don’t like Trump but also Republicans that don’t like Democrats,” Mr Volek says.

“In the last two years we’ve gone from having zero offices in the US to eight across all major cities, with another two to three opening in the coming months.”

Robert Taylor, from Halifax in Canada, bought a property in Antigua where he plans to retire later this year.

He invested $200,000 just before the real estate threshold was raised to $300,000 last summer.

Not only does being a citizen avoid restrictions on length of stay, it also gives him the freedom to take advantage of business opportunities, he explains. “I chose Antigua because it has beautiful water, I find the people very, very friendly and it also means great weather for the later part of my life.”

Still, such programmes are not without controversy. When passport sales were first mooted in 2012 by the then Antiguan government as a way of propping up the ailing economy, some considered the ethics a little iffy.

Protesters took to the streets in condemnation, recalls former Speaker of the House Gisele Isaac. “There was a sense of nationalism; people felt we were selling our identity, so to speak, to people who knew nothing about us,” she says.

Leaders of some other Caribbean nations that do not offer CBIs have also been quick to criticise, including St Vincent and the Grenadines’ Prime Minister Ralph Gonsalves. He has previously said citizenship should not be “a commodity for sale”.

A beach in Antigua

The Caribbean’s appeal as a place to live is obvious

Among the international community, there are fears that lax oversight may help criminals get through their borders.

The European Union has threatened to withdraw its coveted visa-free access for Caribbean CBI countries, while the US has previously raised concerns over the potential for such schemes to be used as a vehicle for tax evasion and financial crime.

A European Commission spokesperson tells the BBC that it is “monitoring” the five Caribbean schemes, and has been in talks with their respective authorities since 2022.

She says an ongoing assessment is seeking to substantiate if citizenship by investment constitutes “an abuse of the visa-free regime those countries enjoy vis-à-vis the EU and whether it is likely to lead to security risks for the EU”.

The Commission has acknowledged reforms carried out by the islands, which it says will have an impact on its evaluation.

For their part, the five Caribbean nations have reacted angrily to claims that they are not doing enough to scrutinise applicants.

Dominica’s Prime Minister Roosevelt Skerrit has described his country’s CBI programme as “sound and transparent”, adding authorities had worked hard to ensure its integrity.

The government says passport sales have raised more than $1bn since the initiative’s inception in 1993, paying for vital infrastructure including a state-of-the-art hospital.

In St Lucia, Prime Minister Philip J Pierre says the island adheres to the highest standards of security to ensure its CBI does not inadvertently aid illicit activities.

The need to appease the world’s superpowers with raising revenue is a delicate balancing act for small Caribbean nations with meagre resources, dependent on the whims of tourism.

CBI programmes were labelled a lifeline at a regional industry summit in April, with funds used for everything from cleaning up after natural disasters to shoring up national pension schemes. Antigua’s Prime Minister Gaston Browne said money raised had brought his country back from the brink of bankruptcy over the past decade.

Aside from buying property, other routes to Caribbean citizenship through investment typically include a one-off donation to a national development fund or similar. They range from $200,000 in Dominica for a single applicant, to $250,000 for a main applicant and up to three qualifying dependents in Dominica and St Kitts. In Antigua, investors also have the option of donating $260,000 to the University of the West Indies.

In the face of international pressure, the islands have committed to new measures to bolster oversight, including establishing a regional regulator to set standards, monitor operations and ensure compliance.

Additionally, six principles agreed with the US include enhanced due diligence, regular audits, mandatory interviews with all applicants, and the removal of a loophole that previously enabled an applicant denied by one country to apply in another.

These days, passport sales account for 10-30% of the islands’ GDP.

Andre Huie, a journalist in St Kitts, says his country’s CBI scheme is “generally well supported” as a result. “The public understand the value of it to the economy, and appreciate what the government has been able to do with the money.”



Source link

Tags: buyCaribbeangivehomeislandspassport

Related Posts

Oil prices slide after Pakistan announces deal between US and Iran

June 15, 2026
0

Under the agreement, the key Strait of Hormuz waterway will be reopened, US President Donald Trump said. Source...

UK electric car sales target set to be weakened

June 14, 2026
0

The new target hasn't yet been decided, with different numbers under consideration, the BBC understands. Source link

Why the US economy keeps defying the odds

June 14, 2026
0

Why has the American economy continued to outperform so many of its peers, despite facing the same global shocks?...

  • Lee McGregor: Scot seeks world title in 2025 & Nathaniel Collins bout

    677 shares
    Share 271 Tweet 169
  • Belgian footballer arrested in cocaine investigation

    533 shares
    Share 213 Tweet 133
  • Next to raise prices to help pay for rising wage costs

    531 shares
    Share 212 Tweet 133
  • South Wales Police officers injured, one arrested

    525 shares
    Share 210 Tweet 131
  • Charities to get £15m fund to save surplus farm food

    516 shares
    Share 206 Tweet 129
  • Trending
  • Comments
  • Latest

Lee McGregor: Scot seeks world title in 2025 & Nathaniel Collins bout

January 16, 2025

Belgian footballer arrested in cocaine investigation

January 27, 2025

Next to raise prices to help pay for rising wage costs

January 7, 2025

World Cup 2022: TikTok brings football fever to millions of fans

0

UK economy will get worse before it gets better, warns chancellor

0

One of Central America’s most active volcanoes erupts again

0

US musician Oliver Tree dies in helicopter collision in Brazil

June 15, 2026

US and Iran agree deal to end war as Trump says Strait of Hormuz to reopen

June 15, 2026

'Boyfriend duties call,' Trudeau says after skipping Canada match to watch Perry

June 15, 2026

Categories

Latin America

US musician Oliver Tree dies in helicopter collision in Brazil

June 15, 2026
0

The singer-songwriter is among six people presumed dead in air crash over Rio de Janeiro on Sunday. Source...

Read more

US and Iran agree deal to end war as Trump says Strait of Hormuz to reopen

June 15, 2026
News

© 2023 GODJ - NEWS CORP - news.godj.com.

Explore NEWS.GODJ.COM

  • Home
  • News
  • Sports
  • Worklife
  • Travel
  • Reel
  • Future
  • More

Follow Us

  • Home Main
  • Video
  • World
  • Top News
  • Business
  • Sport
  • Tech
  • UK
  • In Pictures
  • Health
  • Reality Check
  • Science
  • Entertainment & Arts
  • Login

© 2023 GODJ - NEWS CORP - news.godj.com.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.