Entertaining new ways of thinking can lead to endless discoveries. This is one of the great advantages that financially well-off folks enjoy to the fullest. With their abundant resources, they do not have to settle so easily for just one thing. They can explore a variety of options to live a thoroughly satisfying life.
One of the wonderful opportunities that well-to-do people can tap into is dual citizenship. Second citizenship programs promise a cornucopia of benefits such as the freedom to travel to more countries without a visa, a safe and beautiful place close to nature to escape the usual, and others.
There are not a lot of countries that offer second citizenship. But, among those that do, the top picks for those eyeing second citizenship are usually one of the five Caribbean programs.
Through second citizenship by investment, dual citizens in St. Kitts and Nevis, Antigua and Barbuda, Dominica, Grenada and St. Lucia can harness the benefits mentioned above.
It is important to note, however, that those advantages are quite often not the main reasons why many opt to obtain second citizenship in a Caribbean country. So, why are these West Indies island nations so popular as second homes for the well-off, super rich, and famous?
Listed below are some of those reasons:
1. Island living is akin to partaking of a slice of paradise on Earth.
Living in a tropical island is the dream of many. Waking up to the sound of waves crashing along the shore and the view of a refreshing azure ocean, taking walks under the canopy of towering palm trees, the lovely warm weather that automatically brings colour to one’s skin – these are the most common variables in the ideal life envisioned by a lot of people.
Clearly, there’s no better place in the world to create such a life than in the island nations of the Caribbean.
2. The slower pace of life.
The general culture of Caribbean people does not thrive in haste. People do not rush about their day. They take their time, and it’s never a big deal to be slightly late for anything.
This is an advantage for a lot of people who come from high-achieving and competitive backgrounds and are often stressed by such a fast-paced life. The opposite life setting on the island helps them develop a different perspective, regain balance, and restore joy in their lives.
3. The joyful culture.
Island citizens possess a strong culture of fun and enjoyment. Different festivals throughout the year depict traditions that are the backbone of a strong community spirit.
Most expats appreciate this and how the culture embraces them so easily through get-togethers, which are practically daily activities on the island. They feel less isolated, which is a huge draw, particularly, for those who are originally from busy cities with a massive population of people who do not pay attention to each other.
4. The opportunity to launch a new business more easily on the island.
Dual citizens have the advantage of a less complex process of setting up an enterprise. Therefore, if you are a business owner and you want to create a branch of your operations in the Caribbean, you are likely to see your business up and running much faster than a foreign investor’s.
On top of that, you can take a chance in establishing an innovative business here. Island living is quite different from urban living in a much bigger country, which means that there are certain businesses that locals have never before seen. Thus, you can be a pioneer by bringing in a business model that is still absent in the island.
Suffice it to say, second citizenship can create a perfect expanded life for you. The best advantage here is that the “other life” you get from this program may provide you with everything that you feel is missing from what you have in your home country, such as true joy, good health, and a sense of community.
Therefore, if your goal is to create a life that not only makes you happy but also proud and inspired, consider a second citizenship in a Caribbean nation.
Other people turn their fantasy life into reality here. The same can happen to you.
Kal Kennard is a Partner at Citizens International, a white-glove specialist firm offering private client services necessary for citizenship investment into the Caribbean, Canada and Europe. Based in the Caribbean for the past 15 years, she is an experienced consultant who works directly with many professional partners and advises clients worldwide.