Is the concept of combining work and play appealing to you? How about making the world your playground? Would you want to get the most out of what you have worked hard for?
If so, then consider securing a Caribbean citizenship as this will be, quite literally, your passport to a world of delights.
Second Citizenship with First-Class Privileges
The one-state citizen is fast becoming an obsolete idea. The world has become smaller thanks to the many conveniences and advancements that the modern world has come up with.
Being a holder of a second passport is something that a lot of affluent families have smartly invested in. Recognizing the many advantages that a second citizenship brings forth, the well-informed and well-heeled have started to make the Caribbean a second home. Those with a net worth of at least USD 30 million, such as Ultra High Net Worth Individuals (UHNWI) or old-rich families certainly make this part of their wealth management plan.
While it has been a favorite among the world’s elite for generations, obtaining a Caribbean citizenship by investment has become more lucrative than ever. Here are four of the exciting advantages awaiting those who are wise, wealthy, and willing to invest in a second citizenship in the Caribbean:
1. You get to travel around the world
Do you love to travel and explore? With such financial freedom at your fingertips, wouldn’t it be more convenient to simply fly off at a whim without being besieged by lengthy paperwork or miles of bureaucratic red tape?
With a Caribbean citizenship, you can travel visa-free to over 130 countries. You can fabulously jet-set around the world without the hassle of queuing up or applying for a visa every single time you need to fly.
It also allows for better mobility, especially when you need to meet with international contacts, go on business trips, or simply need to buy your favorite jar of caviar in another continent.
2. You can grow your business
Financially astute individuals and seasoned entrepreneurs know the value of having a second passport in doing business.
With a second passport, you can get access to a global network of trading partners. Your country of second citizenship can serve as a gateway to a wider world of business and trade.
You can also enjoy financial advantages such as generous exchange or interest rates. A second citizenship also opens up many lucrative business and investment ventures in certain countries.
There are tax benefits that you can secure with your second citizenship as well. In Antigua & Barbuda, for example, there are no capital gain or estate taxes levied on you. The income that you generate outside of the country is not subject to tax, either.
3. You will be safe and secure
The world is constantly shifting. Countries experience political upheavals, economic turmoil, and social upsets from time to time.
With your second passport in hand, you and your family can find peace and safety in the Caribbean country where you have a second citizenship. You can build your shelter in their azure shores, away from any unrest your original country is going through.
Aside from physical security, you and the generations you are working hard for will also be protected from financial instabilities. Caribbean nations such as Antigua & Barbuda, Dominica, and St. Kitts & Nevis are some of the island nations that have a strong economic and social infrastructure. Investing in real estate properties or government-approved businesses usually reap rewarding results.
4. You can live a life that you deserve
Reward yourself with a life that you so richly deserve. Working hard and pouring long hours, effort, and resources into your business calls for a treat.
Nourish your health as well as your wealth in the bosom of these magnificent tropical havens. Investing in commercial developments such as hotels, resorts, and residences in the Caribbean can give you as much as 2 to 6 percent in annual net income.
Aside from that, you have the privilege and the choice of staying in the Caribbean for holidays or turning it into your true second home. Tycoons who have passed on the reins to the younger generations have also made theses Caribbean islands their top choice for retirement sanctuaries.
The Things Most Loved
Investing in a second citizenship in the Caribbean – whether through making a donation to a government fund, investing in approved businesses, or purchasing real estate – can offer you wonderful gifts. You can sate your thirst for adventure by accessing travel opportunities, safeguard your wealth and person with greater security, and indulge in pleasurable life experiences thanks to the islands’ carefree lifestyle.
With a slower daily pace, you also have more time to appreciate Mother Nature’s handiwork. Eat, swim, play, or simply lounge to your heart’s content.
So study up on how to get citizenship in Antigua (or in any other Caribbean country) for you and your family, process your application, make all the arrangements, pack up everything you need, and make your second nest. There’s no time to waste when you can get peace of mind knowing you are taking care of all that is important to you.
Kal Kennard is a Partner at Citizens International, a white-glove specialist firm offering private client services necessary for citizenship investment into the Caribbean. Based in the Caribbean for the past 15 years, she is an experienced consultant who works directly with many professional partners and advises clients worldwide.