Business

More South Africans are looking at these 5 Caribbean countries for ‘cheaper’ passports

Archive
3 min read
  • From $150,000 as a donation, or $350,000 in real estate.
  1. Non-refundable contribution to National Transformation Fund (NTF) of $200,000 ($150,000 for single applicant);
  2. Property purchase of $350,000 into government approved real estate development. Property to be held for 3 years.
  • From $100,000 as a donation, or $200,000 in real estate (reduced option until 31 October 2018).
  1. Economic donation of $100,000. Additional amounts for spouse, dependent children and parents. Antigua has currently reduced the amount for the donation option for a limited time (to assist in their hurricane relief fund) to $100,000 for a family of four and $125,000 for a family of more than four members;
  2. Real estate purchase of $400,000 into government approved real estate development. Property to be held for 5 years, but can be placed in rental pool offering investors a dollar rental return. Also a reduced option currently available, where two investors can share by paying $200,000 each.
  • From $150,000 as a donation, or $200,000 in real estate.
  1. Economic donation of $150,000. Additional amounts for spouse, dependent children and parents;
  2. Real estate purchase of $400,000 into government approved real estate development. Property to be held for 5 years, but can be placed in rental pool offering investors a dollar rental return. Option to pay $200,000 if property held for 7 years.
  • From $100,000 as a donation, or $220,000 in real estate.
  1. Economic donation of $100 000 (single applicant) and $200 000 (family of 4);
  2. Real estate purchase of at least $220 000.
  • From $100,000 as a donation, $300,000 in real estate, a $3.5 million enterprise investment, or $500,000 in government bonds.
  1. Economic donation of $100 000 (single applicant) and $190,000 (family of 4);
  2. Real estate purchase of $300,000 in government approved real estate development. Property to be held for 5 years;
  3. Enterprise Project investment of $3.5 million, which must create at least 3 jobs;
  4. Government Bonds of $500,000 (single applicant) and $550,000 (family of 4).
  • From EUR1 million;
  • This is the combined financial requirement, including applicable government donation, bond investment, legal fees, citizenship application fees etc. These costs will increase slightly depending on the family size. Twelve months residency to be completed as well as visits applies;
  • Visa-free travel to 173 countries including EU and USA. Full rights as any EU citizen, to live, work and study anywhere in the EU.
  • From EUR500,000;
  • The Golden Visa is very attractive to South Africans as it offers an attractive route to EU residency and gives visa-free travel to all the Schengen countries. However, investors must be cautioned that this is a residence programme and is not necessarily geared towards citizenship, however investors can apply subject to meeting certain criteria including a language test;
  • Starts at EUR350,000 investment in property.
  • EUR300,000;
  • An attractive option as it gives access to live, work and study in all 28 EU countries. Offers fast and straightforward route to residence in 2-4 months;
  • Visa-free travel to 171 countries around the world;
  • Residence starts at EUR300,000 property investment, but citizenship from EUR2.5 million.

Published September 6, 2018

Join the discussion — please keep to our Community Guidelines.