Second Passport by Investment: How It Works, Costs, and Timelines

TL;DR: A second passport by investment gives you a new citizenship. You make an approved investment, and a country grants you its passport. Most Caribbean programs start at $200,000. Many take just three to six months.
You can gain a new citizenship by funding an approved program. Caribbean routes start from $200,000. Most take three to six months. This page shares the true costs, timelines, and business value.
What is a second passport by investment?
A second passport by investment gives you citizenship for an approved investment. You keep your first nationality in most cases. A licensed Authorized Agent files your case. A national Citizenship by Investment Unit then reviews it. CtrustGlobal works as a government-authorized agent for many Caribbean nations. The official St Kitts and Nevis unit runs one such program, and that state body makes the final call after strict checks.
How much does a second passport cost?
Costs start at $200,000 for the lowest option. The table below lists each starting price. These are minimums only. They leave out government, due diligence, and other fees.
| Program | Starting Investment | Visa-Free Access | Average Timeline |
| Dominica | From $200,000 donation | 140+ countries | 3 to 4 months |
| Grenada | From $235,000 donation | 145+ countries | 3 to 4 months |
| Antigua & Barbuda | From $230,000 donation | 150+ countries | 4 to 6 months |
| St Kitts & Nevis | From $250,000 contribution | 150+ countries | 4 to 6 months |
These figures come from CtrustGlobal's published program details and can change at any time.
How long does the timeline take?
Most Caribbean programs take three to six months. CtrustGlobal uses a clear four-step path. First, a short call sets your goal. Next, a pre-screen checks your profile. Then the team builds your file. Last, the government approves your passport. This step-by-step guide to a second citizenship covers each stage in more depth. No agent can promise a fixed date, because the government controls approval.
How does a second passport support business expansion?
A second passport can open new markets and banks for your firm. Smart second passport planning for business expansion starts with your target market. Grenada gives a rare edge. Its citizens can seek the US E-2 treaty investor visa and run a company in America. You can review the official E-2 visa rules before you move. It also spreads risk across two stable states, so ask an authorized advisor which program fits your goal.
Key Takeaways
• A second passport by investment grants citizenship for an approved investment, often from $200,000.
• Most Caribbean programs finish in three to six months.
• A licensed Authorized Agent files your case, and a government unit approves it.
• Grenada citizens can use the US E-2 visa to run a business in America.
• No agent can promise approval, and new citizenship does not cancel home-country taxes.
Frequently Asked Questions
Who can apply for a second passport by investment?
Most adults with a clean record and legal funds can apply. Each program checks your source of wealth. A licensed agent screens you first.
What is the fastest second passport processing timeline?
Dominica and Grenada often approve in three to four months. Your file and checks set the real speed. No agent promises a fixed date.
Can I include my family?
Yes. Most programs let you add a spouse, children, and some parents. Fees rise with each extra person. Age limits apply to children and parents.
Does a second passport lower my taxes?
Not on its own. A new passport does not change where you owe tax. Banks may add checks under OECD tax transparency rules, so confirm your position with a qualified tax advisor.
How do I check my second passport eligibility?
Basic second passport eligibility needs a clean record, legal funds, and full papers. Most healthy applicants qualify. A quick pre-screen flags any issue early.
Glossary
CBI (Citizenship by Investment): Gaining citizenship by funding an approved national program.
Authorized Agent: A licensed firm that submits your application to the government.
CIU (Citizenship by Investment Unit): The government body that reviews and approves files.
Due Diligence: The background check on your identity and your funds.
E-2 Visa: A US visa that lets treaty-country citizens run a US business.
CRS (Common Reporting Standard): A global standard where banks share account data with tax authorities.
Check Your Eligibility
The right passport can guard your family and grow your firm. You can check your eligibility with CtrustGlobal's advisor in minutes, then compare the full citizenship by investment programs to weigh each route. Talk to a government-authorized team before you move any funds.
