Unravelling the Real Estate Option

While no two CBI programmes are exactly the same, most have similar routes: a direct government contribution and real estate investment. 

In this piece, we’re going to look at the real estate investment route and exactly what it entails.

What does the real estate option involve?
All Caribbean CBI programmes enable investors to purchase pre-selected real estate, such as approved hotels and resorts. The transaction occurs between the investor and the real estate developer or owner in the form of a purchase and sale agreement. In addition, the investor must pay a government fee to the relevant administration. There is always a minimum amount that must be invested, which varies between programmes.  
What are the benefits of real estate investments?
The real estate investment route presents an opportunity for investors to diversify their portfolios and make a significant return on their outlay, all while receiving a second citizenship. What’s more, they often receive the right to reside at the property for a certain amount of time every year.

How does the real estate option compare to other investment routes?

The real estate investment route is more complex than making a direct contribution. Investors may require the help of an attorney to review the purchase and sale agreement, or even wish to travel to the country to see the real estate for themselves first. Additionally, all Caribbean CBI countries require investors to hold that real estate for a specified period, ranging from three to seven years depending on the country and the circumstances of the sale. That said, Antigua and Barbuda and St Lucia also enable you to invest in alternative options, such as businesses.  No matter the investment route taken, successful CBI applicants will have a positive impact on the chosen country and obtain all the benefits of having a second passport, like economic opportunities and global mobility. For instance, both Grenada and Dominica passports offer travel to over 140 countries. Please don’t hesitate to contact us if you have any questions regarding the Caribbean CBI programmes.
Caribbean Comparison
See the below tables for a comparison of the real estate options available under Caribbean CBI programmes:

Antigua and Barbuda

Investment
Independent investmentUS$400,000
Independent investmentUS$200,000
Minimum joint investmentUS$200,000 each (total value of the investment: US$400,000)
Government Fees
Family of up to four personsUS$30,000
Additional family membersUS$15,000 each
Antigua and Barbuda Citizenship by Investment Programme

Dominica

Investment
Minimum investmentUS$200,000
Government Fees
Single applicantUS$25,000
Family of up to four members (exclusive of siblings)US$35,000
Family of up to six members (exclusive of siblings)US$50,000
Family of seven persons or more (exclusive of siblings)US$70,000
Sibling 0–17US$25,000 each
Sibling 18–25US$50,000 each
Dominica Citizenship by Investment Programme

Grenada

Investment
Minimum independent investmentUS$350,000
Minimum joint investment in tourism accommodationUS$220,000 per investor (total value of the investment: US$440,000)
Government Fees
Single applicantUS$50,000
Main applicant and up to three family members (except parents or grandparents under 55 and siblings)US$50,000
After the third family memberUS$25,000 each
Any parent or grandparent under the age of 55US$50,000 each
Any siblingUS$75,000 each
Grenada Citizenship by Investment Programme

St. Kitts and Nevis

Investment
Minimum independent investmentUS$400,000
Minimum joint investmentUS$200,000 per investor (total value of the investment: US$400,000)
Government Fees
Single applicantUS$35,000
SpouseUS$20,000
Any family member other than the spouseUS$10,000 each
St. Kitts and Nevis Citizenship by Investment Programme  

St Lucia

Investment
Minimum investmentUS$300,000
Government Administration Fees
Single applicantUS$30,000
Main applicant and spouseUS$45,000
Family member aged 18 or aboveUS$10,000 each
Family member under the age of 18US$5,000 each
St Lucia Citizenship by Investment Programme