Saturday, November 23, 2024

Dominica Crowned World’s Best CBI for 2022

We are publishing our third edition of Best CBI rankings for 2022 based on our PBS (points based scoring) model we designed three years ago evaluates 38 scoring factors taken into consideration by investors before deciding the most suitable CBI program.

Dominica has secured No.1 spot in the Best CBI rankings for 2022 followed by Grenada in second place and St Lucia in third. Previous CBI winners were Grenada (2020), St Lucia (2021)

Source: Best Citizenships

The Caribbean programs scored big in our CBI rankings for 2022 consistently topping the rankings table over the years for being most affordable programs with balance of passport benefits.

Results

RankCBIPBS score
1Dominica272
2Grenada262
3Saint Lucia253
4St Kitts and Nevis246
5Antigua and Barbuda244
6Vanuatu231
7Malta212
8Bulgaria208
9Turkey206
10Montenegro203
11Samoa164
12Egypt164
13Jordan156

Note: Cyprus and Moldova closed their CBI schemes.

Dominica made significant progress improving the CBI program and passport power. Dominica scored top marks in these areas to rank first in the table:

  •  Low cost and affordable Cbi program for families
  •  New Visa waiver to China
  •  Upgrading to Biometric passport strengthening security standards
  •  Very good property market attractive to invest in hotels.
  •  Very good use of CBI funds in sustainable development
  •  Due diligence checks
  •  Very good consulate assistance abroad for its citizens

Ranking Factors

  • Pricing
  • Popularity
  • Easy Application process
  • Availability of Government bonds
  • Safety score (low crime rate)
  • Visa free to Big 6 nations – EU schengen, UK, USA, Canada, Russia, China (60 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 – Gazetting CBI names to Public
  • 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
  • Access to Stateless people
  • Consulates Assistance abroad
  • Limited Quotas
  • Biometric Passport

Read the full report here

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. 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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