Caribbean Citizenship for $200,000+, Is it Worth It?

Summary of this video:

Overview of Caribbean Citizenship Price Changes

- Overview of increased minimum investment prices for Caribbean citizenship.
- Price floors set at $200,000 with variations up to $250,000 across different countries.
- Considerations on whether these investments are still worthwhile given the new pricing structures.

Comparison with European Golden Visas

- Discussing alternatives such as European golden visas, particularly the Latvia option.
- Benefits of accessing the Schengen Area through real estate investment in Europe.
- Comparison of investment requirements and visa privileges between Caribbean citizenship and European golden visas.

Impact of Stricter Due Diligence and Quotas

- Analysis of stricter due diligence procedures and potential quota systems.
- Anticipated longer processing times for Caribbean citizenship applications.
- Comparison with citizenship by exception programs in Eastern Europe and Latin America.

Future Trends and Decline of CBI Programs

- Speculation on the future decline of Caribbean citizenship by investment (CBI) programs.
- Potential impact on other CBI programs worldwide, such as Malta.
- Consideration of alternative residency and tax benefit options in the Caribbean region.

DISCLAIMER: This video is not tax and/or financial and/or investment advice. Any information or advice I give is purely based on my own experience and research. I am not a tax professional and/or lawyer and/or accountant so I am not liable for any steps you take to lower your taxes. I'm not a financial advisor nor do I pretend to be. Always do your own research.

[LoveClassicMusic]

I got mine 2 years ago in Dominica and I'm glad I did. The prices are going nowhere but up, and the paperwork and due diligence are becoming more intrusive and time consuming (not that I have anything shady in my background). It's nice to have a backup plan if it all falls apart here.

[Carolinapetroska]

Problem is that there is nothing in Latvia. Small country with tons of stupid regulations fir no reason.

[dlukton]

Yeah, demand for Caribbean citizenships will fall sharply; and if we get a global recession, those Caribbean economies will get hit very hard.

[caninflor]

But St. Kitts still has the real estate investment for citizenship which is lower than Cayman Islands for residency.

[Amirostovar]

how is housing price in latvia? ascending over years or you suggest better countries for residency by investment?

[allineed]

Glad I got a Caribbean citizenship when they were cheap and easier.

[arshadali]

Citizenship of the Baltics is iffy -- you don't know how they'll deal with you in the future. Look at how the Latvians have treated ethnic Russians -- not even granting them citizenship. I like Riga (been there three times), I like Tallinn. But citizenship? I don't think so.

[acealgotrader]

Geez Caribbean got expensive! Thanks for the video & heads up Wealthy Expat!

[osamakhalid]

Y do still think they'd lose the access if they met all requirements ?

[gmm]

if u have the money and are on a really weak passport...yeah..if u have western passport like my swedish that are among the 3 strongest one in the world tier ..well why should u buy it?

That hotelroom looks pretty standard btw like 2-3 stars here in bangkok

[LisaCulton]

The US went down there and worked them over and forced the Caribbean countries to change their programs because "too many" Americans were exercising their options.

[emilycapebal]

!!my outlook on money changed when I realized someone making $400, 000 can retire broke & someone making $80, 000 can retire a multi-millionaire. With the current market movement, you have $100, 000 to invest. Where are you investing it?

[michaelbaker]

The Caribbean just got hit by a hurricane. They might offer a discount while they try to rebuild

[JohnCash]

I have a U.S. Passport and I'm getting an EU passport. I put my application in before the deadline for St. Lucia so I am still locked into the 100k rate; but I am not sure its worth it and wondering if I should not follow through. I will lose over 15k in the application process but its no big deal.

[AbdulPAK]

ANTONIA My Dear! Unpopular opinion! You're just describing mere facts without sugarcoating. Totally agree with you! 💯

[kevron]

Which Latam countries has citizenship by exception?

[lerryperry]

Grenada is no longer outside the Hurricane Belt. They were devastated by Hurricane Ivan in 2004 and devastated again by Hurricane beryl in July 2024.

[fatimagilani]

Hi, handsome 😊
You are so informative, kindly let me know if Dominica will ever get its visa free statues for uk back, as now labour party is BACK🎉

[irvingflores]

Bro is hilarious How he pronounces some spanish names/words, like Cordóba as or Andorra as but then will say Mexico, like some full on gringo instead of how spanish speakers pronounce it. just randomly says some words with a spanish accent and others not 😂

[christopherheating]

Whats the best option to enter the usa with a passport by donations?