The luxury tourism industry in the Caribbean is developing thanks, in part, to citizenship by investment programs (CIPs). Among other options that investors may choose to obtain Caribbean citizenship, there is the opportunity to purchase a share in one of the existing or under construction resort properties. You cannot choose any hotel, but only projects authorized for the program.
What can you get for investing in a hotel in the Caribbean? Citizenship and dividends
How does the citizenship by investment program work? You buy a share in an authorized resort and with it you get the opportunity to apply for a Caribbean passport along with additional income.
The share can be sold after the period established by the citizenship program has expired. For example, by putting it on the open market so that another investor can purchase the share to obtain citizenship. Some developers offer buybacks, but not all. Here are some examples of such projects and their conditions.
To obtain Antigua and Barbuda citizenship, you must purchase a share in the hotel in the amount of $300,000 USD. The investor is provided with additional privileges such as a postal address in Antigua and 7 nights of free hotel accommodation per year (valued at $8,000 per year). After 5 years and 6 month of ownership investor may request a buyback option from Hodges Bay and get $135,000 USD. Or sell share to new investor for CIP for $300,000 USD.
This is a famous six-star, all-villa resort in Dominica, featuring secluded residential-style villas with private plunge pools, where new villas called Ti-Fey are now ready for launch. They will begin accepting guests from November 1, 2024. A share in the villa can be purchased for $216,000 USD, which will allow you to apply for citizenship of Dominica for the entire family and receive dividends. For the period from the 4th quarter of 2029 to the 1st quarter of 2024, share owners of the Secret Bay resort received dividends totaling $2.7 million USD.
Investors may purchase shares (fractional ownership) in the new residences of the Nevis Peak resort, which allows them not only to obtain citizenship, but also to use the entire infrastructure of the project and receive dividends. The resort has 18-hole signature golf course by Robert Trent Jones II. It is woven into the landscape of the island, winding over 6,766 yards (6,187 meters) from the slopes of Nevis Peak down to the edge of the Caribbean Sea.
