March 16, 2024


 min read

Living the Dream: How American Retirees Found Paradise in the Caribbean with the Help of Citizenship by Investment Programs








Living the Dream: How American Retirees Found Paradise in the Caribbean with the Help of Citizenship by Investment Programs


Are you a retiree looking for a change of scenery and a new adventure? Have you considered the Caribbean as your next destination? With its beautiful beaches, vibrant culture, and warm climate, the Caribbean has long been a popular choice for retirees seeking a laidback lifestyle in paradise. But how can you make this dream a reality? One option is through the Citizenship by Investment (CBI) program.

What is CBI?

The Citizenship by Investment program allows foreigners to get citizenship in a country in exchange for making a significant investment. The investment can take various forms, such as real estate, government bonds, or a donation to a government fund. Once the investment is made, the applicant can become a citizen of the country and enjoy all the rights and privileges that come with it, such as the ability to live and work in the country, access to healthcare and education, tax advantages, and the ability to travel visa-free to other countries.

CBI programs are typically offered by countries seeking to attract foreign investment and boost their economies. These programs can vary in terms of the investment required, the qualifying criteria, and the rights and privileges conferred upon the investor. Some countries require a significant investment, while others offer more affordable options. It's important to note that citizenship by investment is not available in all countries, and some countries may have restrictions on who can apply for the program. It's also crucial to thoroughly research the program and the country before making any investment decisions, as the laws and regulations can vary widely and there can be potential risks and downsides to consider.

What Is the Caribbean Lifestyle, and Why Is It Attractive to Retirees?

The Caribbean lifestyle is all about relaxation, sunshine, and enjoying the simple pleasures of life. It is often associated with a relaxed, laid-back way of living that emphasizes warmth, hospitality, and outdoor leisure activities. The region boasts a tropical climate, stunning natural scenery, and a diverse cultural heritage that draws people from all over the world.

The region is known for its beautiful beaches, crystal-clear waters, and lush tropical landscapes. The culture is a mix of African, European, and indigenous influences, resulting in a unique and vibrant blend of music, food, and traditions. The pace of life is slower than in many Western countries, with a focus on spending time with family and friends, enjoying good food and drink, and taking time to appreciate the natural beauty of the surroundings.

For retirees, the Caribbean lifestyle can be particularly attractive for several reasons:

  • First, the region offers a quiet pace of life, which can be a welcome change for those looking to escape the hustle and bustle of city living. Additionally, the warm climate and access to beautiful beaches, hiking trails, and other outdoor activities can make it an ideal destination for those looking to stay active and enjoy an active retirement.
  • Another benefit of the Caribbean lifestyle is the region's relatively low cost of living, which can make it an affordable option for retirees on a fixed income. Many Caribbean countries also offer tax incentives for retirees, which can further reduce living expenses.
  • Finally, the Caribbean is known for its friendly, welcoming culture, which can provide a sense of community and social connection for retirees who are looking to make new friends and build a support network. Whether you're interested in cultural activities, outdoor recreation, or just relaxing in a beautiful setting, the Caribbean lifestyle has something to offer retirees from all walks of life.

The Benefits of Using CBI for Retirees Looking to Relocate to the Caribbean

The Caribbean region has five different citizenship by investment programs offered by several nations, each with its own benefits. Among those are:

  1. Grenada,
  2. Dominica,
  3. St. Kitts and Nevis,
  4. Antigua and Barbuda,
  5. St. Lucia
Caribbean passport provides an opportunity to obtain second citizenship and enjoy the luxury advantages that come with it: visa-free travel to over 150 countries; citizenship for the whole family; tax-friendly benefits often with no inheritance or capital gain taxes; no restriction for dual citizenship, etc.

There are many benefits to using CBI for retirees looking to relocate to the Caribbean. First and foremost, it offers a straightforward and efficient path to citizenship. Unlike traditional immigration programs, which can be time-consuming and complicated, CBI allows applicants to bypass many of the usual requirements and paperwork. The application process is handled online.

Many Caribbean countries offer excellent healthcare services, including modern facilities and highly skilled medical professionals. As citizens or residents, retirees can benefit from these services and enjoy peace of mind knowing that they have access to quality care when they need it.

One of the biggest benefits of citizenship by investment is the ability to travel freely without the need for a visa. This can be particularly attractive for retirees who want to explore other parts of the world or visit family and friends back home.

Caribbean countries provide tax incentives for retirees, including exemptions on income earned outside the country and reductions on property taxes. This can help retirees stretch their retirement savings further and enjoy a higher standard of living.

Compared to many Western countries, the cost of living in the Caribbean can be relatively low, particularly when it comes to housing, food, and transportation. Retirees who choose to relocate to the Caribbean can often enjoy a comfortable lifestyle at a more affordable price.

CBI also offers a level of security and stability that can be hard to find in other Caribbean countries. St. Kitts and Nevis, for example, has a stable government and economy, low crime rates, and a welcoming and friendly culture.

Overall, citizenship by investment can be an attractive option for retirees who want to enjoy a comfortable, relaxed lifestyle in a beautiful, welcoming setting. However, it's important to carefully research the options and consider all the factors before making any investment decisions.

The Process of Obtaining CBI and the Requirements

Requirements for CBI programs vary but typically include a minimum investment amount, a clean criminal record, and good health. Applicants may also be required to show proof of their financial means and provide references.

The process of obtaining CBI varies depending on the country in question, but typically involves the following steps:

  1. Choose a country: Research different Caribbean countries and decide which one best meets your needs and preferences.
  2. Select an investment: Choose an investment option that meets the requirements of the CBI program. This may include investing in real estate, making a donation to a government fund, or investing in government bonds. 
  3. Apply for citizenship: Submit your application for citizenship, along with all supporting documentation, to the relevant government agency.
  4. Background check: Undergo a background check to ensure that you meet the requirements for citizenship.
  5. Approval: Once your application is approved, you will receive your citizenship certificate and passport.
Golden Harbors handles the whole process remotely. Our team takes care of the paperwork and helps you prepare and submit your application. You receive your passport via DHL Express, or we can deliver it in person.

The Cost of CBI and How It Compares to Other Relocation Options

The cost of CBI varies depending on the country and the investment option chosen.

Here are some examples of the cost of CBI programs in Caribbean countries:

  • St. Kitts and Nevis: The cost of citizenship by investment starts at $150,000 for a donation to the Sustainable Growth Fund or $200,000 for a real estate investment.
  • Antigua and Barbuda: The cost starts at $100,000 for a donation to the National Development Fund or $200,000 for a real estate investment.
  • Grenada: The cost starts at $150,000 for a donation to the National Transformation Fund or $220,000 for a real estate investment.
  • Dominica: The cost starts at $100,000 for a donation to the Economic Diversification Fund or $200,000 for a real estate investment.

There are also additional fees for processing and due diligence.

When comparing the cost of Caribbean citizenship by investment to other relocation options, it's important to consider all the factors involved. For example, the cost of living in the Caribbean can be relatively low compared to other popular retirement destinations, such as Europe or the United States. Additionally, Caribbean countries may offer tax incentives or other benefits that can help retirees stretch their retirement savings further.

Ultimately, the decision to pursue Caribbean citizenship through investment or another relocation option will depend on individual preferences, financial resources, and long-term goals. It's important to carefully research all the options and consult with Golden Harbors to make an informed decision.

The Story of an American Retiree Who Found Paradise in the Caribbean with the Help of CBI

One retiree who found her perfect paradise in the Caribbean thanks to CBI is Jane, a 65-year-old retired nurse from California. Jane had always dreamed of retiring to a warm and sunny location, but she wasn't sure where to start. She had considered Mexico and Costa Rica, but she didn't feel comfortable with the level of crime and instability in those countries. Then she heard about CBI and started researching the possible options.

After considering several Caribbean countries, Jane decided to apply for citizenship in St. Kitts and Nevis, a small island nation known for its stunning beaches, lush rainforests, and friendly locals. She made a significant investment of $400,000 in a local real estate development and was granted citizenship within a few months.

Jane now lives in a beautiful condo overlooking the ocean, surrounded by palm trees and tropical gardens. She spends her days swimming in the warm waters, practicing yoga on the beach, and exploring the island with her new friends. She loves the laidback lifestyle and the sense of community she has found in St. Kitts and Nevis.

Possible Disadvantages of Living in the Caribbean Under the CBI

While there are many advantages to living in the Caribbean under the CBI, there are also some potential drawbacks to consider. One of the biggest is the cost of CBI, which can be a significant investment for many retirees. There may also be additional fees and expenses associated with relocating to a new country, such as shipping your belongings and finding housing.

Another potential disadvantage is the cultural and language differences that come with living in a foreign country. Retirees who are not comfortable with these differences may find it challenging to adjust to life in the Caribbean.

Apply for Caribbean CBI with Golden Harbors

If you are a retiree looking for a new adventure and a change of scenery, the Caribbean may be the perfect destination for you. Whether you choose to pursue CBI or another option, there are many benefits to living in this beautiful and welcoming region. With its warm climate, vibrant culture, and relaxed pace of life, the Caribbean offers a unique and fulfilling lifestyle that is hard to find anywhere else. So why not start planning your Caribbean adventure today?

Do not hesitate to contact our team for more information. We will be happy to assist you with obtaining a Caribbean passport online.


Residence Benefits

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Visa free travel to 146 countries

Including the E.U., the Schengen Area, the U.K., Hong Kong, China, and Singapore. Simple procedure for obtaining long-term tourist visas to the United States and Canada B1/B2. E2 visa to the United States


Global mobility and freedom

We take care of the paperwork and help you prepare and submit your application - you receive your passport via DHL Express. No requirement to reside in Grenada


Reduce tax burden

Zero personal tax. No tax on inheritance, capital gains, foreign income, dividends, interest, or royalties


Global mobility and freedom

Starting a company in Grenada could help you diversify your business risks and optimize your tax obligations


Return on investment

Investors can purchase a "qualifying" share of ownership in luxury hotels and resorts with a potential annual return of 2-4% from hotel operations. Capital investment can be recovered in 5 years


Global mobility and freedom

There is no need to renounce your previous citizenship when obtaining grenada passport


Fast application processing

Within 6 months


Global mobility and freedom

At the St. George's University Medical School



Processing Time and Terms

Enter your anticipated application start date for Grenada citizenship by investment program and receive a clear timetable for each step of the process

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Sign a service agreement, fill out application forms, and pay the initial service and due diligence fees.


We compile a document package and submit it for due diligence performed by Grenada CBI unit


Due diligence and background check conducted by the state


We submit your citizenship application once we receive the approval, and you make payment of the outstanding investment amount, government fees, stamp duty, and other fees.


We supervise the issuance of your passport by Grenada and send your Certificate of Citizenship and passport by DHL Express.

There are Always Options to EXPAND YOUR BOUNDARIES! Let's Discuss Yours

Every client is unique

Every case requires an individual approach and solution. Our years of experience in the industry allow us to provide both.

We will answer all your questions and provide detailed information about the available second passport and residency programs to help you make the right choice.


Lead Attorney at Golden Harbors

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Lead Attorney at Golden Harbors