Introduction
Caribbean Citizenship by Investment (CBI) Programmes, are highly sought after by those who wish to secure an alternative passport, to expand their citizenship rights, estate planning options, their ability to travel worldwide, whether that be for personal or business reasons and/or, as an insurance policy in case the situation in their home jurisdiction takes a turn for the worse.
Caribbean CBI programmes provide successful applicants with the option to live and work in their chosen country, tax efficiency, freedom of movement within member states of The Caribbean Community (CARICOM) and visa free or visa upon arrival access to a up to 155 countries around the world.
Benefits of Caribbean CBI Programmes
Caribbean CBI programmes provide investors and their dependents with a broad range of benefits, which include, but are not limited to, the following:
* Each programme operates with its own minimum investment requirements and options. Government application, legal and processing fees also apply.
Caribbean CBI Application Process and Requirements
Consultation and Preparation of Quotation
Arrange a meeting with a Sovereign CBI consultant, confirm the most suitable country solution for each applicants personal requirements and provide an all-inclusive quotation.
Pre-Application Background Check and Client Facilitator Agreement:
To initiate the application process, applicants are required to provide the following documents:
- A copy of the photograph page of the passport of each adult applicant.
- Proof of residential address for the main applicant, a copy of a utility bill or bank statement which includes their name and address.
- A copy of the main applicants CV.
Upon receipt, the documents are submitted for a pre-application background check.
- Provided the pre-application background check is clear, it is possible to formally initiate the application process.
- A ‘Client Facilitator Agreement’ is issued, signed and an invoice issued for the initial legal and due diligence fees.
Preparation and Submission of Application:
- Working with our legal and administrative partners, applicants are assisted with each stage of the application, including preparation, processing and completion.
- Once an application has been prepared and signed off, it is submitted to the relevant governments Citizenship by Investment Unit.
- The Citizenship by Investment Unit processes the application.
Approval and Final Payment:
- Provided all is in order an approval letter will be issued, informing applicants of their naturalisation as a citizen.
- Only upon approval of their application are applicants required to complete the second and final payment in the form of a donation or qualifying investment.
- Your passport will usually be issued within 4 to 6 weeks and sent by secure and recorded delivery to an address of your choice.
