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- Jan 26, 2024
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Caribbean "golden passports" are getting more expensive, a response to pressure from the US and the EU to crack down on citizenship sales. Four island nations agreed to charge at least $200,000 starting June 30, double the current rate in some cases.
[H2]Big price increases, but there is still time to act[/H2]
4 out of 5 Caribbean countries that sell their citizenship have just announced that they will adhere to a minimum floor of $200,000 for citizenship for the main applicant.
This is a substantial increase for some of these countries.
Due to pressure from the EU and the US.
And what about Saint Lucia which is not complying for now? Its Schengen access may be at risk. We discuss this and more with Laszlo.
[H2]Big price increases, but there is still time to act[/H2]
4 out of 5 Caribbean countries that sell their citizenship have just announced that they will adhere to a minimum floor of $200,000 for citizenship for the main applicant.
This is a substantial increase for some of these countries.
- Dominica will increase from $100,000 to $200,000
- Antigua & Barbuda will increase from $100,000 to $200,000
- Grenada will increase from $150,000 to at least $200,000
- Saint Kitts & Nevis is already at $250,000 so this won't change
- Saint Lucia did not sign and might stay at $100,000
Due to pressure from the EU and the US.
And what about Saint Lucia which is not complying for now? Its Schengen access may be at risk. We discuss this and more with Laszlo.