Reasons for obtaining a Caribbean passport

September 27, 2022 | | Blog |

St. Kitts & Nevis, Grenada, Dominica, St. Lucia, Antigua & Barbuda, and the other Caribbean nations offer easy-to-follow passport application processes. The time it takes to examine applications and the prices have both lowered as a result of the processes being online. We’ll go over the reasons for requesting a passport from a Caribbean island.

#1 Remote processing

Programs have migrated to the internet in all Caribbean Island nations. To bring papers or get a passport, the investor does not need to travel to the nation. You may get passports and citizenship certificates through all programs at a convenient location. At FlyingColour’s office, we will receive your documentation from the CBI unit, and you may pick up your new passport there.

#2 Scans instead of originals

The Caribbean nations begin reviewing applications as soon as document scans are transmitted via a unique state Internet site. Grenada and Antigua and Barbuda made the decision to completely renounce the originals. Originals can be submitted later for other programmes. The important thing is to accomplish this before the application is granted.

#3 Reduced list of documents

The minimal set of paperwork that must be submitted to the programme department in Antigua & Barbuda before processing a citizenship application can now be completed. Later on, during the Due Diligence, further papers may be presented.

The CBI unit may nevertheless seek more papers and clarifications notwithstanding the core list’s decrease.

#4 Applications are considered faster

The preceding advantage leads to this one. The application will be taken into account as soon as the scans are received, so there is no longer a need to wait for the mail to send the original papers. The investor will save a few weeks by doing this.

#5 Simplified requirements for documents

Grenada modified its documentation standards to make it easier for investors to certify and submit copies. Only notaries could previously vouch for the validity of document copies for the Grenada citizenship program. Now, such a right exists for lawyers, legal advisers, and neighborhood agents.

The submission date for a certificate of no criminal record and the results of an HIV test has been extended. Previously, they could only be filed within 3 months of the date of receipt and were valid for 3 months.

#6 Saving time

Online applications save time even if the programme needs you to provide original documentation. As soon as scans are received, CBI units start their due diligence. The check takes one to three months. All that is needed to obtain a passport is to provide the originals.

Another reason to move quickly is potential lines at visa centers following the outbreak. It will be challenging to swiftly acquire a visa and depart the nation for business or pleasure due to the rise in applications. A passport from a Caribbean nation that grants admission without a visa to more than 140 nations, including the Schengen area, will be helpful in this situation.

#7 Less spending

The minimum investment amount is just $100,000.

The allowance for real estate investment has been cut in half in Antigua and Barbuda. Real estate may be purchased for $200,000 less if you choose to. Previously, the minimum investment for one investor was $400,000, which was double the current level. Moreover, a partnership with another investor was required in order to exercise the option for $200,000 in full.

The requirement for children under the age of five has been cut by 2.5 times, while the payment for children between the ages of six and seventeen has been reduced by 20%.

Dominica decreased the investor’s spouse’s payment to the public fund. It used to cost $75,000, but now only $50,000 is required.

The amount invested in government bonds in Saint Lucia has been cut in half. An investor can purchase unique securities known as Covid Relief Bonds for 0,000 until December 31st, 2022. Investments in government bonds typically cost $500,000 each.

Families’ voluntary contributions to the state fund have also diminished. The contribution of a lone investor has not changed.

#8 Long stay in the EU and the UK

With a Caribbean passport, you are allowed to stay in the UK for up to 180 days straight and travel to the Schengen region for 90 days in any six-month period. It is possible to unwind, see kids, or receive medical attention at a European clinic during a prolonged stay.

The majority of European nations have advanced medical systems. A pandemic, when immediate medical attention may be needed, is when the ability to access high-quality care is most crucial.

#9 Business opportunities

Opening foreign currency accounts and minimizing taxes through residence are both made possible by Caribbean citizenship.

#10 Study in the UK

You are able to apply for student visas in the UK if you have a Caribbean passport. Caribbean passport holders are permitted to visit their kids and stay in the UK for a maximum of six months.

The British Commonwealth of Nations includes the Caribbean nations that provide passports as part of the investor programs. There are quotas set aside for Commonwealth people in several British universities, including the University of South Wales and the Queen Mary University of London. Investors’ children might receive special treatment for their schooling.

Contact FlyingColour Immigration for professional guidance on citizenship and residence programs for many nations and to determine which choice is best for your needs. We provide assistance with global residency, citizenship, and investment migration programmes. For more information,  contact our experts at +971 529933135, send an email at op2@flyingcolour.com, or visit our website at https://flyingcolourimmigration.com/