Americans Are Buying Caribbean Passports Like Never Before — and Betting on Luxury Real Estate

The Caribbean’s citizenship by investment (CBI) market is hotter than ever, and U.S. investors are leading the charge. Once the domain of quick donations, today’s CBI landscape is all about bricks, mortar and a strategic Plan B.

“Over the past year, we’ve seen a huge shift from donation-based citizenship to real estate–based citizenship,” says Dan Merriam, Caribbean Real Estate Advisor for St. Kitts & Nevis Sotheby’s International Realty. “When the minimum donation jumped to around $230,000 [in Antigua and Barbuda, for example], it suddenly made more sense for families to invest in property starting at $200,000 to $325,000 and have an asset they can resell.”