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Key Benefits of Obtaining Caribbean Golden Passport

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Caribbean Golden Passport

Getting Caribbean citizenship by investment is a real way to open up a whole world with numerous beneficial chances. The process is quick and hassle-free and the threshold for participants is one of the lowest worldwide. Here we disclose the main advantages of the Caribbean golden passport, as well as the superb possibilities these islands provide.

What is Caribbean Golden Passport

If you wish to get Caribbean citizenship, you can explore different ways. They include marriage, naturalization, and funding. The first two options start with residency and take a long time with various tests, etc.

The quickest way of obtaining a Caribbean passport is to participate in local programs for investors. One can purchase or rent property, contribute to state funds or businesses, etc. This way is similar to a golden visa portugal due to the high speed and minimal bureaucracy. Moreover, it leads directly to a passport without waiting for several years.

Five islands of this region provide this program with similar conditions. The main Caribbean golden passport benefits, according to Imin Caribbean expert, Acyr Jardim, include the following points.

One of the lowest prices for participation

Golden visas are provided by various regions. European programs are usually between 100,000 and 500,000 euros. However, if you wish to become a citizen of an island like Malta, the threshold rises to 690,000 euros.

Compared to this pricing, the Caribbean region can boast the range from 100,000 to 250,000 dollars, namely:

  • Antigua and Barbuda welcomes investors who can buy property for 200,000 USD or donate 100,000 USD;
  • Dominica proposes a 100,000 USD funding in the state or the purchase of property for 200,000 USD:
  • St Lucia has the same options as Dominica and also the ability to purchase government bonds for at least 300,000 USD;
  • investments for Grenada start from 150,000 USD;
  • St Kitts and Nevis has a minimum threshold of 250,000 USD for a donation and 400,000 USD for a property purchase.

Moreover, it is possible to include members of the family in the program, like spouses, children, and other dependent persons. This increases the amount of donation but there are no additional rules. Therefore, the whole family can move at once and enjoy the new place of living.

Freedom of movement around the world

The list of visa-free countries with Caribbean passport is as follows:

  • 145 for Dominica;
  • 147 for St Lucia;
  • 152 for Antigua and Barbuda;
  • 148 for Grenada;
  • 153 for St Kitts and Nevis.

In this case, mobility does not require anything except your passport. This makes traveling and expanding business easier.

Moreover, all holders of local passports are eligible to apply for B-1/B-2 visas to the USA. They are obtained without any difficulties and are valid for 10 years. During this period, 180 days per year can be freely spent in the USA. This is a great option for businessmen who wish to expand their companies, as well as for those who are fond of traveling or wish to utilize healthcare or education opportunities all over this country.

Absence of a strict policy for staying in the country

As specialists of Imin Caribbean underline, many countries have rules concerned with the minimum period of stay on their territory before preparing any kind of application.

This great region is open to those who are able to donate and does not ask them to stay permanently on the selected island. In most of the cases, one can get a passport without crossing the border of the country at all. The application is made online, as well as other required procedures.

Furthermore, there will be no need to stay for some time after getting citizenship. One can feel free and move around the world as he or she wishes. Whenever there is a need to stay on the islands, you will be welcomed.

Beneficial taxation and reliable banking system

Tax rules are very advantageous, as they do not include taxation for inheritance, wealth, gains, and income obtained outside this region.

The citizen needs to pay taxes on local personal income and corporate profits, as well as an annual property tax. Still, the percentage is quite low.

The highest speed ever

One can get a local passport several months after applying. The longest period is half a year and the procedure rarely takes so long. Compared to other similar options, it is the highest possible speed. For instance, European countries need from 6 to 12 months to complete this process.

Conclusion

Altogether, this region is a thriving place for investors with trustworthy Golden Visa programs and ample opportunities for everyone. As a citizen, one can enjoy many preferences together with a life in paradise. Therefore, explore this chance and take the most out of this proposal.

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Travel/Tourism

Mutfwang Renews Support for Strom Infrastructure’s Revamp of Hill Station Resort

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Hill Station Resort

The Governor of Plateau State, Mr Caleb Mutfwang, has assured full government support for the N8.5 billion Hill Station Resort revitalization project, embarked on by Hillside Hospitality Limited, an investee company of Strom Infrastructure Investments and Management Limited. The renewed commitment came during a high-level stakeholder engagement meeting aimed at accelerating the historic resort’s transformation.

Speaking through the Secretary to the State Government, in Jos, Plateau State, on Monday, Mr Samuel Jatau, Governor Mutfwang emphasized the project’s significance to Plateau’s development agenda.

“The people of Plateau are diligent, hardworking, and committed. We will support and patronise this development to ensure its success,” he said.

The ambitious project, set to commence construction in March 2025, represents a strategic partnership between the Plateau State Government and Hillside Hospitality Limited. Following the signing of the Heads of Terms Agreement in July 2024, the initiative aims to restore the 1938 structure while introducing modern amenities and luxury facilities.

Speaking on the project’s vision, the Director of Hillside Hospitality Limited, Mr Kolapo Joseph, described the Hill Station project as a groundbreaking initiative that seeks to transform hospitality and tourism in Plateau State.

“This project is about more than just revitalisation, it is a dedicated effort to honour Hill Station’s rich heritage while introducing world-class hospitality standards.

“Our vision is to create a destination that seamlessly integrates luxury, culture, and nature, ensuring an exceptional experience for visitors in the heart of Jos.

“We recognise that Plateau State holds immense potential as a hospitality hub, and we are committed to working closely with all stakeholders to ensure this transformation drives economic growth, generates employment, and instils a renewed sense of pride in the community.

“Through collaboration and strategic investment, we aim to develop Hill Station Resort into a landmark destination that reflects the very best of Nigerian tourism,” he stated.

Mr Joseph expressed gratitude for the continued support from the Plateau State Government and private sector partners, adding: “This is not just an investment in infrastructure; it is an investment in Plateau’s future. We are creating a resort that will attract business and leisure travelers alike, unlocking new opportunities for the local economy while preserving the unique identity of this historic site.

“With the right partnerships, we will position Plateau State as a premier global tourism destination, one that showcases its rich cultural heritage and natural beauty to the world.”

In his remarks, another Director of Hillside Hospitality, Mr Hakeem Condotti, highlighted Strom Infrastructure’s deep connection to Plateau State through its involvement with NESCO Nigeria.

“This investment demonstrates our commitment to preserving and enhancing historical landmarks while driving economic growth in the region,” he said.

The revitalized resort, scheduled for commissioning in the fourth quarter of 2025, will feature state-of-the-art conference facilities, premium accommodations, and leisure amenities, positioning Jos as a premier destination for business and leisure travel.

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Emirates, Air Peace Seal Interline Deal for Frictionless Single-Ticket Travel

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Emirates Air Peace Seal Interline Deal

By Aduragbemi Omiyale

Two major airlines operating in the Nigerian airspace, Emirates and Air Peace, have signed an interline agreement to allow passengers enjoy frictionless single-ticket travel and simplified baggage throughput.

This deal will enable passengers flying from the United Arab Emirates (UAE) to Nigeria enjoy onward connections to Asaba, Akure, Benin City, Calabar, Enugu, Ilorin, Kaduna and Owerri, Abuja, Kano, Uyo, Port Harcourt and Warri.

Emirates operates the Dubai-Lagos route with a Boeing 777-300ER and some of its passengers continue their journeys to the above cities through other airlines, but with this interline agreement, when they land in Lagos, Air Peace will move them to the other cities with ease,

“Emirates is a steadfast partner of Nigeria’s tourism, trade and aviation sectors. This partnership with Air Peace is the next step on this journey, bolstering our connectivity and introducing more travel options for corporate leisure, and travellers visiting friends and family to and from Nigeria.

“We look forward to deepening our strategic partnership with Air Peace in the future to enhance the benefits for our mutual customers,” the Deputy President and Chief Commercial Officer for Emirates, Adnan Kazim, said.

Also commenting, the Chief Operating Officer of Air Peace, Ms Oluwatoyin Olajide, said, “We are excited about this strategic interline partnership between Air Peace and Emirates, which is a significant step towards enhancing global connectivity for Nigerian travellers.

“It aligns with our mission to provide seamless, world-class travel experiences while expanding our route network and international reach.

“This collaboration not only expands Air Peace’s international reach but also offers Nigerians arriving from Dubai seamless access to key domestic destinations, including Asaba, Akure, Benin City, Calabar, Enugu, Ilorin, Kaduna, and Owerri.

“By improving ease of travel, we are boosting business, tourism, and trade opportunities, further strengthening economic ties between Nigeria and the UAE.

“This partnership also reinforces Nigeria’s aviation sector by enhancing connectivity, efficiency and positioning our country as a critical hub for regional and global travel. At Air Peace, we remain committed to providing greater connectivity, convenience, and world-class service for our passengers.”

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Spanish Withdrawal to Fuel Demand for Greek Golden Visas

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Greek Golden Visas

The latest forecast from Astons, suggests that the number of applicants looking to secure a Greek Golden Visa in 2024 is set to increase for the fourth consecutive year.

Astons has analysed data around the number of Greek Golden Visa applications submitted on an annual basis between 2019 and November 2024, before forecasting what 2024’s annual application total is set to be once December’s numbers are accounted for.

The analysis reveals that 2024 finished on a high when it comes to demand for Greek Golden Visas.

By November, the estimated total number of applications stood at 8,059, with Aston’s analysis revealing that 995 were submitted in October alone, 914 submitted in November, and a forecasted total of 778 submitted in December.

2024’s enormous demand for Greek Golden Visas was driven by investors looking to get in ahead of significant changes implemented to the scheme which increased the minimum investment threshold to €800,000 across the entire Athenian Riviera, Thessaloniki, and all major islands.

This isn’t the first time that changes to the Greek Golden Visa programme have resulted in surging levels of demand.

In 2023, Greece raised the threshold for real estate investment from €250,000 to €500,000 in the most attractive and developed regions of the country, including all of central Athens. However, in the Athenian Riviera, certain areas retained a threshold of €250,000, such as the Piraeus region.

As a result of this change, 2022 saw an annual increase of 118.5% in the number of Golden Visa applications, followed by a further +94.8% increase in 2023.

Who is driving demand for Greek Golden Visas?

The high demand for Greek Golden Visas over the past two years in particular is being driven by wealthy US citizens looking to spread their risks and opportunities beyond the borders of North America, with demand being particularly influenced by the increased investment thresholds implemented in 2024.

Astons estimates that Greece is the focus of at least 50% of all Golden Visa applications by US citizens, with investors drawn to the country by the lifestyle offering, not to mention the attractive minimum investment contribution – for which investors get five years of residency for the whole family with a right to renew at the end of that term.

Furthermore, Greece currently has one of Europe’s most lucrative property markets and best performing economies.

Citizenship, residence permit, and real estate investment expert for Astons, Alena Lesina, commented:

“Looking ahead to 2025, we believe that demand for Greek golden visas will remain robust despite the recent changes made. This is because it is still possible to purchase real estate and obtain a residency permit for as little as €250,000, even in the very heart of Athens, provided that the property in question is converted from commercial use to residential. As such, we’re seeing a lot of developers now buying old hotels and office buildings and transforming them into modern residential complexes, complete with stunning swimming pools and terraces.

Another reason to expect further growth in demand for Greek visas in 2025 is the fact that Spain is about to close its own Golden Visa programme which was itself hugely popular. With Spain no longer available to expats, it’s reasonable to expect that Greece, with its similar lifestyle offering and even more affordable accessibility, will become the focus of their attention.”

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