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

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

Travel/Tourism

FG May Sell Dana Air Assets to Repay Debts

Published

on

DANA Airlines

By Adedapo Adesanya

The Minister of Aviation and Aerospace Development, Mr Festus Keyamo, has disclosed that the federal government may recover and sell the assets of Dana Air to refund passengers and travel agents whose funds remain trapped following the suspension of the airline’s operations.

The Minister disclosed this in Abuja on Tuesday at the Ministry’s fourth quarter stakeholders’ engagement to enhance governance for effective service delivery in aviation.

Speaking at the event themed “leveraging public feedback to drive excellence in aviation services, the Nigeria Civil Aviation Authority (NCAA) will be directed to probe why funds trapped by the airline are yet to be refunded.

He revealed that the authority suspended the operations of the airline as a matter of choice between safety and disaster.

“For Dana, the problem is that it was a choice between safety and disaster. So we didn’t take the commercial thing as priority. The priority was safety, and we all looked at the damning reports that we had met on the table.

“It was a decision of the NCAA to suspend them, but I pushed them to say, look, these are the reports we are seeing on the table about safety record, about lack of standards that put the lives of Nigerians at risk. If they continue flying, I don’t know whether most of us will be here. Many of us would have been victims of one of those flights. God forbid.”

According to him, “I have asked Najomo (NCAA director general) to dig deep to find out how those passengers and agents will be refunded. He has to dig deep on that.

“One solution will also be that if that same individual or those entities are trying to come back to aviation under any guise, whether to go and register a new AOC or use any business within the aviation sector, they have to go and settle their debts first.

“We should look at their assets. There are assets that are still available. Let them sell their assets. Let’s cannibalize their revenue and pay people. Let’s find a way to go after their assets and get money to pay Nigerians who are owed.

“NCAA should do that because they can’t get away with it.”

Continue Reading

Travel/Tourism

NCAA Slams N5m Consumer Protection Infraction Fine on Qatar Airways

Published

on

Qatar Airways

By Adedapo Adesanya

The Nigerian Civil Aviation Authority (NCAA) said it has imposed a N5 million penalty on Qatar Airways for consumer protection violations.

The announcement was made on Wednesday by the NCAA’s Director of Public Affairs & Consumer Protection, Mr Michael Achimugu, on X, adding that there may be other sanctions depending on how the airline treats other cases.

“Glad to announce that, today, the NCAA has sanctioned @qatarairways to the tune of five million naira being penalty for consumer protection-related infractions. In addition, the letters of investigation (LOI) written to the airline over other cases may lead to further sanctions if not treated satisfactorily,” Mr Achimugu wrote.

The fine followed an incident when a Nigerian passenger was accused by a Qatar Airways cabin crew member of sexual harassment during boarding in Lagos for a flight to the United States via Doha, Qatar.

The allegation was only reported in Doha, where the passenger was arrested, detained for 18 hours, fined, and compelled to sign a document written solely in Arabic.

Qatar Airways allegedly refused to continue his journey, forcing him to purchase another ticket at considerable financial and reputational cost.

The NCAA said it invited Qatar Airways’ country manager to a meeting over the incident, but he failed to attend, sending subordinates instead.

“I understand that some countries do not have advanced aviation consumer protection regulations like Nigeria does. In certain cases, some countries don’t even have any. This creates a situation where airlines operating out of those countries (mostly national carriers) act with disdain towards consumer protection enforcement in Nigeria.

“This is not a situation that we would accept here. It is against the law for ANY Airlines not to respond to the NCAA. It is against the law to provide false information to the NCAA. It is against the law to fail to comply with the provisions of Part 19 of the NCAA Regulations 2023,” Mr Achimugu said in an earlier post.

In September, the NCAA accused Qatar Airways of mistreating Nigerian passengers and failing to comply with consumer protection regulations under Part 19 of the NCAA Regulations 2023.

The regulator then threatened stiff penalties against the airline for repeatedly disregarding its directives.

Continue Reading

Trending