Most islands require an Alien Landholding License (ALHL), costing 5–10% of the price and taking 3–10 months to approve. In The Bahamas, purchases ... Read Moreunder 5 acres are fast-tracked. Grenada and Antigua offer citizenship via island investment. Note that many islands (like St. Lucia) have 2026 updates that increase fees for non-development—if you don't build on your island within a specific timeframe, you may face annual "non-operation" fines of several thousand dollars. Read Less