By: Staff Writer
July 29, 2025
Nigerians rank fifth in the Caribbean in buying Citizenship by Investment passports, Henley & Partners have revealed in their latest CBI report.
Five of the Caribbean’s island nations – Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis, and St Lucia – CBI from as little as $200,000 (£145,000).
Henley & Partners also report that the other top ranking countries are the United States, Ukraine, Turkey and China are among the other most frequent countries of origin of applicants.
The report adds that overall applications for Caribbean CBI programmes have increased by 12 percent since the fourth quarter of 2024.
As ties between the Caribbean and the African Union continue to strengthen, CBI is seeing the positive impact of that strengthening.
Nigeria is placed 95 on the annual Henley Passport Index which ranks the world’s passport according to the countries they can visit without a prior visa. Ranked 95, Nigerian passport holders can visit two fewer countries now than they could in 2010 without a visa.
Faced with such difficulties, wealthy Nigerians are buying citizenship in Caribbean nations to ease business travel, get elite education for their wards and have a second home for holidays.
St. Lucia, a small island in the Caribbean, has issued 60 passports to Nigerians under its Citizenship Investment Program (CIP). The program grants resident permit or citizenship to foreigners for a fee.
Interest in Caribbean CBI programmes surged, particularly among Americans, with estate agents reporting that political and social tensions in the United States are fuelling demand.
Aside from buying properties, other routes to obtaining Caribbean citizenships through investment typically include a one-off donation to a national development fund or similar.
The cost of the properties ranges from $200,000 in Dominica for a single applicant, to $250,000 for a main applicant and up to three qualifying dependents in Dominica and St Kitts. In Antigua, investors also have the option of donating $260,000 to the University of the West Indies.