4 Caribbean countries have collectively decided to increase the minimum investment to US$ 200,000 and strengthen their vetting processes.
There is good news and bad news: There are high movements in the immigration industry this week. Let's see the details
Starting June 30, 2024, Antigua & Barbuda, Dominica, Grenada, and Saint Kitts & Nevis have collectively decided to increase the minimum investment to US$ 200,000.
The 4 Caribbean countries also agreed to strengthen their vetting processes, ensuring rigorous screening of applicants both before and after approval.
What should you pay in the future?
Currently, the minimum investment (donation) you can make in Antigua and Barbuda, Dominica, and St Lucia is $100,000. To get Grenada Citizenship by Investment, you must donate $150,000. The new minimum amount will nearly double your payment.
How will the application procedure change?
Unfortunately, the due diligence will be more strict and lengthy, making the application inconvenient and slow.
What is the reason for these changes?
This decision comes in response to the European Union's apprehensions about the potential risks these programs could pose, which may lead to suspending visa-free travel to the Schengen area.
Summary
In summary, you must pay more and suffer from a more strict and time-consuming procedure.
What can you do now?
With the current investment amount and conditions, you still have the opportunity to become a Caribbean citizen, but time is running out. Ask us for more information, and we will guide you. It is the right time to act and get the best deals.