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Caribbean Real Estate Market: Best Solution for Second Citizenship

The Caribbean islands are an excellent option for both a luxury holiday and permanent residence. The Caribbean Sea is a dream for exotic lovers; it is now quite popular among the wealthy older generation. People like to visit these resorts during the cold periods of the year.

Why is the Caribbean so attractive? The main reason is their climate and the possibility of profitable investment. According to the Immigrant Invest Vladlena Baranova expert, there are the most favorable Caribbean real estate investment opportunities. The best option for such capital investment is participation in CBI programs. The recreational industry generates huge amounts of money each year through such projects. The essence of such programs is very simple. Participants invest in real estate and receive second Caribbean citizenship. It gives freedom of movement to many islands in the region. You can avoid paying the first installment if you buy residential or non-residential space. The procedure for obtaining citizenship for most contributors is three to six months. In addition, the programs allow for shared ownership if the buyers pay the same amount.

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Caribbean Real Estate Market Overview

The market for expensive apartments in the Caribbean differs from the rest of the world. The reason is the strong connection between the islands’ economy and the tourism industry.

Now the situation in the country is rapidly improving due to the lifting of many restrictions. This place attracts investors from other countries with its advantages. There are many opportunities opening up for them.

It is important to take into account housing prices, even if there are many advantages. The cost of the Caribbean real estate on the market significantly differs. So, the smallest price of a townhouse in Antigua is 250 thousand dollars, and elite cottages on the coast can cost 10 million dollars and more.ย ย ย 

How Can Investors Purchase Caribbean Real Estate

Caribbean countries offer maximum benefits for investors. The recently adopted “Plan B” includes a reduction in taxes, favorable conditions for entrepreneurship, affordable real estate, the convenience of living in a hot climate and other benefits.

You need to contribute a minimum of 100 thousand US dollars to become a resident yourself or with your family participating in the program of the Caribbean country by investment. Purchasing an expensive mansion for this amount can provide you with income. The basic conditions are generally the same, although each island is different. You can get 2-5 effective ways to invest, including the opportunity to invest in luxury real estate property. The investor must purchase a share to become a rightful owner of Caribbean property. The average cost of properties is 8000 dollars per 1 m2 on different islands.ย 

Caribbean Citizenship by Investment Programs (CIPs)

The current participants in the Second Passport for Investment program are:

  • Grenada;
  • Dominica;
  • Antigua and Barbuda;
  • St. Lucia;
  • St. Kitts and Nevis.

It is possible to obtain citizenship of one of these lands. You need to make a solid contribution to the development and prosperity of the country.

The advantages of this method include:

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  • high mobility โ€“ Caribbean passport holders have visa-free entry to most countries in the world;
  • simplified conditions for visiting the United States: you can get a guest wise B-1 or B-2 passport in just 3 weeks, with a 10-year period of authorization to stay;ย 
  • more favorable service by banks in the EU and other countries;
  • different tax benefits.

Another advantage is that there is no income tax in Antigua, Barbuda, St. Kitts and Nevis.

Things to Consider Before Investing in Property

The conditions are almost the same for all applicants for a Caribbean passport. Citizenship of the country does not matter here. The investor in the Caribbean real estate is considered the primary applicant. But a number of criteria need to be taken into account. These are:

  • age of majority;
  • no criminal record;
  • availability of official income;
  • possession of resources that allow you to fulfill all items of the investment program;
  • absence of serious health problems.

The main participant in the investment project can also be relatives: spouse, parents, their children under 18 years of age, disabled children without age restrictions.


Based on the above, the states of the Caribbean islands make very favorable offers to their investors. For this reason, these countries today can be considered one of the best for purchasing real estate in exchange for a second passport.

In-depth knowledge of the real estate markets in the various Caribbean islands is undoubtedly a great advantage for those wishing to participate in investment projects. Any wealthy tourist today can find a suitable luxury apartment in the Caribbean.

Turn to professionals if you want to get rid of paperwork and just enjoy the process. The help of a specialist in this matter is an excellent solution that will help further save time and money.

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Ifiokobong Ibanga

Ifiokobong Ibanga is the founder of InfoGuideNIgeria.com. You can get in touch with him on Instagram @ifiokobong. If you need a personal assistance on this topic, kindly send a message. Much Love!

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