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The Caribbean islands that give you a passport if you buy a home (www.bbc.com)
submitted 10 months ago by to c/mildlyinteresting@lemmy.world
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[–] 57 points 10 months ago (11 children)

Five of the region's island nations – Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis, and St Lucia – offer such citizenship by investment (CBI) from as little as $200,000 (£145,000).

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  • [–] 41 points 10 months ago (10 children)

    "as little as"

    Fuuuuck off. 🥲

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  • [–] 42 points 10 months ago (8 children)

    In my area, houses are like 1 mil USD so in comparison, it is cheap

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  • [–] 13 points 10 months ago

    Haha this is where people go, "Oh you must live in like a expensive city" and like damn bro, every city is god damn expensive now!

    Even in cheap cities, burger is $12+, rent is +$1000 per person, and good luck saving for that cheap housing that will be bought by companies to hopefully make a profit out of you when you borrow a 50-year loan.

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  • [–] 5 points 10 months ago (3 children)

    I mean that house is cheap compared to the ones near me but I wouldn't be able to afford the air fare to visit it regularly

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  • [–] 26 points 10 months ago (2 children)

    Visit it regularly? You visit the house once and live there. It's called moving.

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  • [–] 8 points 10 months ago (1 child)

    I highly doubt the majority of the people buying are making it their primary residence but it would nice if I'm wrong.

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  • [–] 1 point 10 months ago*

    The prices elsewhere is irrelevant. If there is 1 thing that is not movable it's precisely a house. One doesn't buy a building but rather a location. The price of real estate is about the infrastructure available.

    Anyway, even if it wasn't about location, location, location (the 1 rule in real estate) here the point is about citizenship, not actual houses. FWIW St Lucia is a beautiful place but... step out of a luxury hotel and see what happens. GDP per capita is low ($15K) and Gini coefficient is high.

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