Why Caribbean Passports Are Losing Their Shine

June 3, 20251 min
Why Caribbean Passports Are Losing Their Shine

Caribbean passports are losing relevance fast

We live in an unstable world. Any country can change its rules overnight. One passport is a risk, two is better, and three is smart diversification.

Citizenship-by-donation is becoming history

The era of "cacao funds" is winding down:

— Banks won't open accounts for holders of these passports

— The EU is tightening visa issuance

— Programs with no real investment behind them keep losing credibility

The alternative — real investment

The better route is putting money into a business or property in a country with a functioning economy. Take Paraguay:

— Visa-free access to Schengen

— 0% tax on foreign income

— Straightforward citizenship for genuine investors

— No headaches with EU and US banks