Connect with us

Travel/Tourism

Key Benefits of Obtaining Caribbean Golden Passport

Published

on

Caribbean Golden Passport

Getting Caribbean citizenship by investment is a real way to open up a whole world with numerous beneficial chances. The process is quick and hassle-free and the threshold for participants is one of the lowest worldwide. Here we disclose the main advantages of the Caribbean golden passport, as well as the superb possibilities these islands provide.

What is Caribbean Golden Passport

If you wish to get Caribbean citizenship, you can explore different ways. They include marriage, naturalization, and funding. The first two options start with residency and take a long time with various tests, etc.

The quickest way of obtaining a Caribbean passport is to participate in local programs for investors. One can purchase or rent property, contribute to state funds or businesses, etc. This way is similar to a golden visa portugal due to the high speed and minimal bureaucracy. Moreover, it leads directly to a passport without waiting for several years.

Five islands of this region provide this program with similar conditions. The main Caribbean golden passport benefits, according to Imin Caribbean expert, Acyr Jardim, include the following points.

One of the lowest prices for participation

Golden visas are provided by various regions. European programs are usually between 100,000 and 500,000 euros. However, if you wish to become a citizen of an island like Malta, the threshold rises to 690,000 euros.

Compared to this pricing, the Caribbean region can boast the range from 100,000 to 250,000 dollars, namely:

  • Antigua and Barbuda welcomes investors who can buy property for 200,000 USD or donate 100,000 USD;
  • Dominica proposes a 100,000 USD funding in the state or the purchase of property for 200,000 USD:
  • St Lucia has the same options as Dominica and also the ability to purchase government bonds for at least 300,000 USD;
  • investments for Grenada start from 150,000 USD;
  • St Kitts and Nevis has a minimum threshold of 250,000 USD for a donation and 400,000 USD for a property purchase.

Moreover, it is possible to include members of the family in the program, like spouses, children, and other dependent persons. This increases the amount of donation but there are no additional rules. Therefore, the whole family can move at once and enjoy the new place of living.

Freedom of movement around the world

The list of visa-free countries with Caribbean passport is as follows:

  • 145 for Dominica;
  • 147 for St Lucia;
  • 152 for Antigua and Barbuda;
  • 148 for Grenada;
  • 153 for St Kitts and Nevis.

In this case, mobility does not require anything except your passport. This makes traveling and expanding business easier.

Moreover, all holders of local passports are eligible to apply for B-1/B-2 visas to the USA. They are obtained without any difficulties and are valid for 10 years. During this period, 180 days per year can be freely spent in the USA. This is a great option for businessmen who wish to expand their companies, as well as for those who are fond of traveling or wish to utilize healthcare or education opportunities all over this country.

Absence of a strict policy for staying in the country

As specialists of Imin Caribbean underline, many countries have rules concerned with the minimum period of stay on their territory before preparing any kind of application.

This great region is open to those who are able to donate and does not ask them to stay permanently on the selected island. In most of the cases, one can get a passport without crossing the border of the country at all. The application is made online, as well as other required procedures.

Furthermore, there will be no need to stay for some time after getting citizenship. One can feel free and move around the world as he or she wishes. Whenever there is a need to stay on the islands, you will be welcomed.

Beneficial taxation and reliable banking system

Tax rules are very advantageous, as they do not include taxation for inheritance, wealth, gains, and income obtained outside this region.

The citizen needs to pay taxes on local personal income and corporate profits, as well as an annual property tax. Still, the percentage is quite low.

The highest speed ever

One can get a local passport several months after applying. The longest period is half a year and the procedure rarely takes so long. Compared to other similar options, it is the highest possible speed. For instance, European countries need from 6 to 12 months to complete this process.

Conclusion

Altogether, this region is a thriving place for investors with trustworthy Golden Visa programs and ample opportunities for everyone. As a citizen, one can enjoy many preferences together with a life in paradise. Therefore, explore this chance and take the most out of this proposal.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Travel/Tourism

Trump Slams Partial Travel Ban on Nigeria, Others Over Security Concerns

Published

on

trump nigeria

By Adedapo Adesanya

The United States President Donald Trump has imposed a partial travel restriction on Nigeria, as part of a series of new actions, citing security concerns.

The latest travel restriction will affect new Nigerians hoping to travel to the US, as it cites security concerns and difficulties in vetting nationals.

The travel restrictions also affect citizens of other African as well as Black-majority Caribbean nations.

This development comes months after the American President threatened to invade the country over perceived persecution against Christians.

President Trump had already fully banned the entry of Somalis as well as citizens of Afghanistan, Chad, Republic of the Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Myanmar, Sudan, and Yemen.

The countries newly subject to partial restrictions, besides Nigeria, are Angola, Antigua and Barbuda, Benin, Dominica, Gabon, The Gambia, Ivory Coast, Malawi, Mauritania, Senegal, Tanzania, Tonga, Zambia and Zimbabwe.

Angola, Senegal and Zambia have all been prominent US partners in Africa, with former president Joe Biden hailing the three for their commitment to democracy.

In the proclamation, the White House alleged high crime rates from some countries on the blacklist and problems with routine record-keeping for passports.

The White House acknowledged “significant progress” by one initially targeted country, Turkmenistan.

The Central Asian country’s nations will once again be able to secure US visas, but only as non-immigrants.

The US president, who has long campaigned to restrict immigration and has spoken in increasingly strident terms, moved to ban foreigners who “intend to threaten” Americans, the White House said.

He also wants to prevent foreigners in the United States who would “undermine or destabilize its culture, government, institutions or founding principles,” a White House proclamation said.

Other countries newly subjected to the full travel ban came from some of Africa’s poorest countries — Burkina Faso, Mali, Niger, Sierra Leone and South Sudan — as well as Laos in southeast Asia.

Continue Reading

Travel/Tourism

Detty December: FCCPC Investigates Possible Exploitative Air Fares

Published

on

fccpc air fares

By Adedapo Adesanya

The Federal Competition and Consumer Protection Commission (FCCPC) has commenced an investigation into pricing templates behind high ticket rates charge by some airlines on some domestic routes.

A statement issued by the Director of Corporate Affairs of the commission, Mr Ondaje Ijagwu, in Abuja said the investigation was to establish possible violations of the provisions of the law.

Mr Ijagwu said that concerns had been expressed widely in the past few days over what appeared to be coordinated manipulation or exploitation in the pricing of airline tickets by some airlines on certain routes, adding that the routes where concerns had been raised included the South-East and South-South, as the festive season began.

According to him, the ongoing investigation targets operators on the identified routes.

He said the commission would apply appropriate enforcement measures where evidence showed any violation of the Federal Competition and Consumer Protection Act (FCCPA).

Mr Ijagwu explained that Air Peace, had instituted a court action seeking to restrain the agency from examining its pricing mechanisms, following the commencement of an investigation into its pricing model after widespread complaints from members of the public.

He said the ongoing inquiry was without prejudice to the case instituted against the Commission by Air Peace.

The director quoted the vice chairman of FCCPC, Mr Tunji Bello, as saying “the commission would not hesitate to act where evidence showed that consumers welfare or market competitiveness were being undermined.

”For the avoidance of doubt, we are not a price control board but the FCCP Act 2018 empowers us to check the exploitation of consumers.

”When we receive petitions or where we find cogent evidence, we will not stand by and watch Nigerian consumers being exploited under any guise.

”Given the arbitrary spike in airfares, the Commission is extending its review of pricing patterns, the basis for the increases reported by consumers, and any practices that could undermine fair competition.

”Where evidence confirms a breach of the Act, FCCPC will apply appropriate enforcement measures,” Mr Bello said, promising that the organisation will continue to provide updates on the ongoing investigations in the aviation industry.

Continue Reading

Travel/Tourism

Verve, Providus Bank Unveil Travel Card for Tourists, Others

Published

on

ProvidusVerve Travel Card

By Aduragbemi Omiyale

A travel card designed for tourists, business visitors, Diaspora returnees has been launched by Verve in partnership with Providus Bank.

Known as the ProvidusVerve Travel Card, the Naira-based travel card will allow inbound travellers to enjoy a smooth, secure, and convenient payment experience throughout their stay in Nigeria. It was powered by Verve’s secure.

Created to support the surge of tourists, expatriates, business visitors, conference delegates, and returning diaspora expected during the festive Detty December season, the ProvidusVerve Travel Card enables seamless payments for transportation, hotels, dining, shopping, entertainment, and everyday essentials nationwide.

The card also works on select global merchant platforms that accept Verve, including Netflix, Google Play, and other digital services, ensuring travellers enjoy uninterrupted access to familiar services.

The ProvidusVerve Travel Card eliminates the hassle of sourcing naira or converting foreign currency on arrival. It enables instant, secure transactions, reduces reliance on cash, and supports compliance with the cashless policy of the Central Bank of Nigeria (CBN).

It also mitigates the risks associated with carrying physical cash such as loss, theft, or fraud, offering a safe, regulation-aligned option for both online and in-person payments.

“The ProvidusVerve Travel Card is a timely solution for inbound travellers seeking reliability, security, and simplicity while navigating Nigeria.

“Together with Providus Bank, we have created a product that eliminates the friction traditionally associated with accessing local payments.

“Whether for tourism, business, or festive activities, this card ensures a smooth financial experience from the moment visitors land,” the Vice President for Issuing and Acquiring Management for Africa at Verve International, Mr Paul Ohakim, stated.

On his part, the Divisional Head for Product Management and Solution Delivery at Interswitch, Mr Ademola Adeniran, described the partnership as a reflection of “Verve’s commitment to designing products that respond to real user needs.”

“The ProvidusVerve Travel Card supports everyday experiences — from booking rides and hotels to shopping, streaming, and dining. It provides inbound travellers with a secure, compliant, digital-first way to experience Nigeria without financial barriers,” he added.

Continue Reading

Trending