Part Two – Key Factors Of Caribbean Citizenship & Passport PART TWO – KEY FACTORS OF CARIBBEAN CITIZENSHIP & PASSPORT In our last blog we ended on the No Taxation factor as one of the key factors that makes the Caribbean Passport very attractive for Investors and immigrant residents. We promised to continue with the examination of the remaining factors and we now do so in the second part of the blog. We will now look at the cost of living in those countries . Affordable Cost of Living Caribbean countries that offer Citizenship by Investment (CBI) programs have a relatively low cost of living compared to other countries in the region or around the world. This can be an attractive factor for investors who are looking for an affordable place to live, work, or retire. For example, the cost of living in Dominica is generally lower than in other Caribbean countries, as well as in the United States, Canada, and other developed countries. The country offers a range of affordable housing options, as well as affordable healthcare, food, and other basic necessities. The country’s CBI program is also one of the most affordable in the region, with a minimum investment requirement of $100,000 for a single applicant. Similarly, Grenada is known for its affordable cost of living, with a range of affordable housing options, food, and other basic necessities. The country’s CBI program requires a minimum investment of $150,000 for a single applicant, making it an accessible option for investors who are looking for an affordable way to obtain a second citizenship. Other Caribbean countries, such as St. Kitts and Nevis, Antigua & Barbuda, and Saint Lucia, also offer relatively affordable cost-of-living options for investors. It’s important to note that while the cost of living can be a significant factor for investors, other factors such as safety, healthcare, education, and quality of life should also be taken into consideration when choosing a country to invest in. Additionally, investors should consult with their financial and legal advisors to ensure that they make informed decisions and comply with all relevant regulations and requirements. Quality of Life Caribbean countries have great healthcare policies and Programs and offer free or subsidized healthcare to their citizens. However, the specifics of healthcare benefits and eligibility may vary depending on the country and its policies. For example, in Dominica, healthcare is free for all citizens and the government has a comprehensive healthcare system with a focus on prevention and primary care. In Barbados, citizens have access to a publicly funded healthcare system that provides free medical care, including hospitalization, prescription drugs, and diagnostic testing. In Jamaica, citizens have access to a public healthcare system that provides free medical care, including hospitalization, diagnostic testing, and medications. Exceedingly Strong Passport with Great Global Mobility, over 150 Destinations Visa Free The Caribbean region is home to several countries that offer strong passports with great global mobility. For example, Dominica passport allows visa-free or visa-on-arrival access to over 150 destinations worldwide, including the Schengen Area, the United Kingdom, Hong Kong, and Singapore. Other Caribbean countries with strong passports include Antigua and Barbuda access to over 140 destinations, St. Kitts & Nevis  access to over 143 destinations, Grenada access to over 145 destinations, and Saint Lucia, etc. Having a strong passport with high mobility means that the passport holder can travel to more countries without requiring a visa or with easy visa-on-arrival access. This can be a significant advantage for frequent travelers or those who want to explore the world without being hindered by visa restrictions. Visa Free Travel to the British Isle, Schengen Zone, Europe, Russia, China, HK, South-East Asia Visa-free travel to the British Isles, Schengen Zone, Europe, Russia, China, Hong Kong, and Southeast Asia is possible for citizens of certain countries with strong passports. However, the visa requirements can vary depending on the nationality of the passport holder and the purpose of the visit. Citizens of the European Union (EU) member states, for example, have the right to free movement within the EU and can travel without a visa to other EU countries. Additionally, citizens of many other countries, such as the United States, Canada, Australia, New Zealand, and Japan, can also visit the EU visa-free for up to 90 days within a 180-day period. As mentioned earlier, the Caribbean region is home to several countries that offer strong passports with great global mobility. Citizens of these countries may have visa-free travel to the British Isles, Schengen Zone, Europe, Russia, China, Hong Kong, and Southeast Asia. For example, the passport of Dominica allows visa-free or visa-on-arrival access to over 150 destinations worldwide, including the Schengen Area, the United Kingdom, Hong Kong, and Singapore. Other Caribbean countries with strong passports include Antigua and Barbuda, Dominica, Grenada, and Saint Lucia. Table of Content Affordable Cost of Living Exceedingly Strong Passport with Great Global Mobility, over 150 Destinations Visa Free Visa Free Travel to the British Isle, Schengen Zone, Europe, Russia, China, HK, South-East Asia Headquarters MENA/UAE Region Book Your Free Consultation For more information consult WhinChester at: +[971] 4 876 1728 Ext. 115 +[971] 52 208 9024 +[971] 58 645 3924 services@whinchesterpowerhouse.co.uk dubaioffices@whinchesterpowerhouse.co.uk Offices No. 905, 9 th Floor, Sky Level Lobby Burjuman Business Tower, Khalid Bin Waleed Road Al Markhool, Burjuman, Dubai – UAE Tertiary – University Education for children If you’re looking for high-standard education and universities, there are many options available around the world. However, accessing these facilities may require travel and documents, such as a student visa, residency permits, and strong passports. Caribbean passports allow you to world-class universities for your children, such as the United States, the United Kingdom, Canada, Australia, and many European countries. Caribbean passport Access to American-Accredited Medical Schools Citizens of the Caribbean countries may have access to American-accredited medical schools located in the Caribbean region. These medical schools are affiliated with universities in the United States and follow a curriculum similar to that of American medical schools. Some of the… Continue reading Part Two – Key Factors Of Caribbean Citizenship & Passport