Short answer: Argentina’s minimum (a USD 350,000 contribution) is higher than the Caribbean programmes (from USD 200,000–250,000), but it buys a G20 passport with visa-free access to about 169 destinations. The Caribbean programmes have a long track record and are open now. Which fits depends on your budget, where you travel, and whether you can accept a new programme’s uncertainty.
At a glance
| Programme | Single applicant minimum | Investment type | Schengen | UK | Status |
|---|---|---|---|---|---|
| Argentina | USD 350,000 | Treasury contribution (or USD 800,000 bond) | Visa-free | Visa-free (ETA) | Q4 2026 intake target |
| Dominica | From USD 200,000 | Donation | Visa-free | Visa required | Open |
| Antigua & Barbuda | From USD 230,000 | Donation | Visa-free | Visa-free (ETA) | Open |
| Grenada | From USD 235,000 | Donation | Visa-free | Visa-free (ETA) | Open |
| St Lucia | From USD 240,000 | Contribution | Visa-free | Visa required | Open |
| St Kitts & Nevis | From USD 250,000 | Donation | Visa-free | Visa-free (ETA) | Open |
| Turkey | USD 400,000 | Real estate (held three years) | Visa required | Visa required | Open |
Based on public information as of October 2026. Government and due diligence fees apply on top, and family members add further amounts.
Argentina’s advantages
- A stronger passport: 16th in the 2026 Henley Passport Index, ahead of most Caribbean passports.
- A major country: a G20 member with over 40 million people, not a small state reliant on CBI revenue.
- Schengen access not tied to CBI: the European Commission has asked five Caribbean countries to phase out CBI by June 2028 or risk losing Schengen visa-free access; Argentina’s access doesn’t depend on its CBI programme.
- Clear tax position: the law states that investment citizenship alone does not make you an Argentine tax resident.
Argentina’s trade-offs
- New and untested: processing times, approval rates and vetting standards have no track record.
- Legal challenge: in June 2026 Argentine courts ruled the decree’s citizenship provisions invalid, and the government has appealed to the Supreme Court.
- Political risk: some legislators oppose the programme, and policy could change with a new government.
- Higher cost: a family of four contributes USD 500,000, generally more than a comparable Caribbean family application.
How to choose
- Need a passport now: the Caribbean programmes are more established, but factor in the EU’s 2028 deadline.
- UK access matters: Antigua, Grenada, St Kitts, and Argentina (with an ETA).
- Passport quality and country profile matter, and you can wait: Argentina is worth assessing, but wait for the official rules and the legal question to settle before committing funds.
- Want to invest in property too: Turkey offers a real estate route; Argentina doesn’t.
Our view
If long-term access to Europe matters, consider pairing a second passport with a European residence such as Portugal or Greece to reduce exposure to any single policy change. If you’re unsure where to start, try our Programme Finder.