I
Golden Visa iNSIDER
Inside the world's residency programs
The short verdict

Caribbean (CBI). Caribbean (CBI) edges Portugal on the headline metrics most applicants weight first (entry price, speed, path to citizenship and physical presence).

The full picture is below — by the numbers, then category by category.

By the numbers

Metric🇵🇹 Portugal🌴 Caribbean (CBI)
StatusReformedActive
Headline minimum€250,000$200,000
Processing time12–24 months4–8 months
Path to citizenship5 yearsDirect (no residency)
Physical presence7 days/year0 days (most programs)
Tax overlayNHR 2.0 (IFICI) for qualifying activities0% on worldwide income (most islands)
Best forFounders, remote professionals and HNW families who want an EU passport without relocating immediately.Frequent travelers, people with restrictive passports, or anyone needing optionality fast.

Category by category

  1. 01

    Lower entry price

    Edge: Caribbean (CBI)

    Portugal starts at €250,000, Caribbean (CBI) at $200,000.

  2. 02

    Faster to a card

    Edge: Caribbean (CBI)

    Portugal: 12–24 months. Caribbean (CBI): 4–8 months.

  3. 03

    Path to citizenship

    Edge: Portugal

    Portugal offers naturalization in 5 years; Caribbean (CBI) does not provide a clear citizenship track (Direct (no residency)).

Who each one is for

🇵🇹 Portugal — best for

Founders, remote professionals and HNW families who want an EU passport without relocating immediately.

  • +Path to EU citizenship in 5 years
  • +Only ~7 days/year physical presence
  • +Family included (spouse, children, dependent parents)
  • +Visa-free travel to 191 countries after naturalization
🌴 Caribbean (CBI) — best for

Frequent travelers, people with restrictive passports, or anyone needing optionality fast.

  • +Direct citizenship — no residency requirement
  • +Visa-free travel to 140–150 countries
  • +Grenada gives access to US E-2 investor visa
  • +Fast: passport often in 4–6 months

The honest tradeoffs

🇵🇹 Portugal — working against you
  • Real estate route closed in October 2023
  • AIMA backlogs have stretched processing to 18+ months
  • Portuguese language A2 required for citizenship
🌴 Caribbean (CBI) — working against you
  • All five programs raised minimums to $200k+ in 2024 by regional MoU
  • Increased due diligence — Russians, Belarusians, Iranians excluded
  • EU visa-free status under review (UK already requires ETA)