Top 6 Countries That Offer Best CBI Programs for Digital Nomads

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This post is brought to you by NTL Trust which develops secure and compliant cross-border wealth management solutions.


Citizenship by investment (CBI) is a popular topic nowadays. Especially among wealthy individuals, entrepreneurs, and digital nomads. Living as a digital nomad is the new norm of traveling the world and living in a foreign country.

At the beginning of the year, the results of the best CBI rankings on citizenship by investment programs were published by Best Citizenships. Two Caribbean countries topped the first and second place, and the rest scored high on the list. The Caribbean programs consistently top the table rankings over the years due to their affordable cost, numerous benefits, and fast application process.

In this guide, we’ll take a look at the top six countries that offer Citizenship by Investment programs for digital nomads.

Grenada

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Image by Richard Todd from Pixabay

Grenada is one of the top Caribbean countries that fosters a CBI program and allows foreigners to obtain a second passport. The investment program was launched in 1997, and Grenada citizenship can be obtained by investing in real estate or government funds.

This type of citizenship also grants the applicants the opportunity to obtain an E-2 treaty visa to the USA and travel without a visa to China for 30 days in a year. The applicant’s family members, like a spouse, children, grandchildren, and parents, can also be included in the program.

The investment options include $220,000 in real estate purchases and $150,000 in non-refundable donations to national funds. The applicant must hold the real estate for a minimum of five years and acquire a rental of 4% per year.

The benefits of the CBI program in Grenada include:

  • Fast processing time
  • Visa-free traveling to 146 countries
  • Tax optimization benefits
  • Return on investment
  • Affordable application process
  • Low investment threshold

Dominica

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Image by Richard Todd from Pixabay

Dominica’s CBI program was launched in 1991 and is known as the least expensive one in the Caribbean. Citizenship can be obtained through investing in a real estate project or contributing to a government fund. Investors usually buy shares in big hotels and keep the shares for 5-7 years.

The minimum amount to invest in a fund is $100,000, and in real estate, $200,000. The period of obtaining the passport takes from two to six months. Family members can also apply as co-dependents for citizenship.

The main benefits of the Dominican citizenship program are:

  • A rental income
  • Profit after the property is sold
  • Tax optimization – no taxes on capital gains, inheritance, and dividends
  • Visa-free traveling to 145 countries

Antigua and Barbuda

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Image by neufal54 from Pixabay

Antigua and Barbuda’s CBI program was launched in 2013 and have several investment options. Investors can purchase real estate, contribute to a state fund or start a company. If the investor wants to start a company, they must have a registered business in the country.

The program has many benefits for investors with families of up to four members. The total cost for families in a non-refundable contribution is $100,000, which is pretty affordable. There is another option of investing in the University of the West Indies if you are applying as a family of six.

The processing time usually takes three to six months. However, the investor must visit the country and spend at least five days in five years after getting their citizenship.

The benefits of the Antigua and Barbuda CBI program are:

  • Low investment of $100,000
  • Fast processing time
  • The opportunity to open a bank account with European banks
  • Return on investment
  • Tax benefits

Vanuatu

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Image by David Mark from Pixabay

The Vanuatu CBI program is known as the fastest worldwide. Investors can obtain their passports within two months. The investment options include $130,000 in the country’s economy, and family members can also apply.

The benefits of this CBI program are:

  • Visa-free traveling to 95 countries
  • Open a bank account with European banks
  • Deposit money and take loans
  • Tax benefits International Business Companies pay only an annual fee of $300 for 20 years
  • Fast application process

St. Lucia

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Image by Jolyne D from Pixabay

St. Lucia is located northwest of Barbados, on the eastern part of the Caribbean Sea, and in the south of Martinique; a perfect location and the ultimate getaway for many wealthy investors, famous for its twin peaks and magical beaches.

St. Lucia is another Caribbean country that offers new opportunities for digital nomads and allows investors to obtain dual citizenship. It has one of the least expensive CBI programs. The investment options are real estate projects, government bonds, and contributions to state funds.

The program was launched in 2015 and is directly linked to Europe and other parts of the world. The application process is straightforward, and you can get your passport within 3 to 6 months.

The benefits of the St. Lucia CBI program are:

  • The investors’ children can study in the UK
  • Open a bank account with a European bank
  • Visa-free traveling to 147 countries
  • 0.25% to 0.4% taxes on real estate
  • No visit or residence is required
  • You can include co-dependent applicants in the application process – children under the age of 31, parents over 56, siblings under 18, and a spouse.

St. Kitts and Nevis

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Image by MPRAGE from Pixabay

St. Kitts and Nevis CBI program is one of the most reputable ones. It’s the godfather of all CBI programs and was launched in 1984. St. Kitts’ citizenship can be obtained through investment in real estate – a minimum amount of $200,000 and in fund contributions – $150,000.

The benefits of the CBI program include:

  • Visa-free traveling to 157 countries
  • Up to 0.3% taxes on real estate
  • Low investment
  • The investors’ children can study in the UK

Get Yours Now!

The Caribbean passport is issued by 15 member states of the CARICOM community and enables its holders to travel internationally and inter-regionally. These holders can also obtain residence in most of the 15 countries of the alliance, including Suriname, Saint Vincent & the Grenadines, Barbados, The Bahamas, Trinidad and Tobago, Haiti, Jamaica, and Montserrat.

Now that you are familiar with the top six countries that offer the best CBI programs, it’s time to make your move on getting one for yourself! Find an authorized agent and consult a legal entity before starting the application process.

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