Tuesday, May 14, 2024

St Lucia is No.1 CIP in the World

St Lucia has taken top spot in Best CBI rankings for 2021.  Dominica in second place, followed by Grenada in third spot.

Caribbean countries have captured top spots due to the significant changes they made to their programs . This comes as no surprise considering Caribbean is the birthplace of citizenship by investment.

Our PBS (points based scoring) model, which we designed last year, is one of a kind in the industry, ranks Best CBI program taking into account 37 important factors looking by clients before deciding on their favorite investment citizenship program

Covid had a huge impact on CBI programs this year causing a dramatic shift in rankings for this year. CBI Programs that require personal visit or trips have fallen in rankings this year as Covid has made it impossible to travel for investors.

St Lucia has made astounding jump from bottom of the table last year to first spot this year. The St Lucia government has made huge improvements in transparency, due diligence, governance and announcing various covid offers to CIP making St Lucia one of the best flagship  products in the world, scoring top marks in CBI rankings.

Vanuatu has improved its position from bottom to fourth place tied with St Kitts.  In 2020, Vanuatu has made great improvements to the DSP and VCP schemes by processing applications faster than any country in the world and increasing passport validity to ten years.

CIP Rankings

Rank CBI PBS score
1 Saint Lucia 252
2 Dominica 250
3 Grenada 248
4 St Kitts and Nevis 235
4 Vanuatu 235
5 Antigua and Barbuda 234
6 Bulgaria 208
7 Malta 202
8 Turkey 196
9 Montenegro 193
10 Samoa 164
10 Egypt 164
11 Jordan 156

Source: Best CBI Rankings

Ranking factors

We have considered these 37 important factors into our PBS scoring model. Each ranking factor is assigned 10 points making it a total of 370 points.

  • Pricing
  • Popularity
  • Easy Application process
  • Govt bonds
  • Safety score (low crime)
  • Visa free to Big 6 – EU schengen, UK, USA, Canada, Russia, China (70 points)
  • Wealth (GDP per capita)
  • Passport time (months)
  • Processing speed (days)
  • Residence requirement
  • Voting rights
  • EU citizenship
  • E-2 treaty with US
  • Education Rank
  • Healthcare Rank
  • HDI Rank (Human development)
  • Privacy – Publish CBI names
  • Tax free advantages
  • Due Diligence and Vetting
  • CBI Transparency
  • Passport Validity
  • Personal visit exemption
  • Lifetime Citizenship
  • Covid discount
  • Post citizenship additions
  • Family friendly (siblings, grandparents etc)
  • Real estate prices
  • CBI e-platform
  • Stateless people
  • Consulates abroad
  • Limited Quotas

Read more here

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment Journal. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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