Caribbean Citizenship By Investment
Antigua Barbuda Citizenship By Investment
List Of Govt Approved Real Estate Projects
Upon prudently fulfilling all of the above requirements, a foreign national is eligible to gain full, legal citizenship in the Commonwealth of Dominica for themselves and their family. Once approved by the Dominica Citizenship by Investment Unit, applicants are issued a Certificate of Naturalization and will receive their new passport within a week via courier. Once an investor has become a Dominica citizen, they can pass their nationality on to future generations by descent. The Grenada programme is one of the newest citizenship investment programmes available to investors. Grenada is the only Caribbean programme with no country restrictions.
Unlike the other methods for obtaining citizenship – birth, naturalization, marriage, and descent – citizenship by investment operates like a business transaction. Residency requirements staying permit turkey are very low, you need to spend only 5 days in the country for the course of five years. There is no interview for citizenship, no minimum level of English language requirement.
More On Citizenship By Investment
Scuba diving is another popular past time for both natives and tourists alike. Classes are offered that can get you certified to scuba dive yourself. Barbuda Turkish resident permit and Antigua are both perfect for exploring your artistic side. Taking an art class or becoming involved at a local gallery can be very fulfilling.
In addition to the financial donation or purchase of real estate in Antigua, the following government processing fees must be paid. In addition to making a qualifying real estate investment, business investment, or monetary contribution, all Antigua Economic Citizenship Program participants must pay the following turkish citizenship by investment fees. The real estate investment route covers pre-approved projects such as hotel shares, villas, or condominium units. The joint investment starts from $200,000, which should be held for at least seven years, and the independent investment starts from $400,000 with a shorter holding period of five years.
If You Hold A bad Passport
Saint Lucia launched Covid-19 relief government bonds for USD 250,000 held for 5 years (50% discount limited offer until Dec 31, 2020). After this period, the minimum Govt bonds will be available only for USD 500,000. These are risk free investments, fully guaranteed and returned by the SL Govt after the 5 year holding period.
To get visa of this category, you have to have access to £50,000, get your business idea endorsed, set up a business in the UK, become director there and run it till you can apply for settlement. You can apply from within the UK, when switching from another allowed category, or outside the country. Initial visa is granted for 3 years four months subject to extension. Though at a first glance an investor visa looks more appealing and easier to get, it might not be what you are looking for and the required investment is significantly higher. Immigration rules for non-EEA citizens planning to come to the UK under these visas have been changing over the years, increasing some requirements and slackening others. Investor and Innovator routes lead to settlement and eventually to citizenship by naturalisation.
Moreover, the country has a very diverse culture, stable and safe setting, which are necessary for business and bringing up children. Being one of the permanent residence by investment countries, Portugal has a golden visa program that aims at attracting foreign investments. The program requires the applicant to prove the source of his/her investment funds. Also, all the applicants’ criminal records should be checked before entering a residence program. Like many countries that give residency by buying a house, the main investment option available in Portugal is investing a minimum amount of €350,000 depending on its attributes. It is important to note that acquiring property in an area with low population may lead to reduction of the investment threshold by 20%.
So, many countries that offer citizenship by investment have lowered their prices to try and lure investors in. You can expect deeply discounted prices and fully digital processes now. Turkey’s program is interesting in that you stand a decent chance to get your money back and even turn a profit on its economic citizenship offering. Its relatively low minimum investment, as well as easy access to the USA and the UK, make it a decent addition to a passport portfolio . Yet, we still think it’s not solid enough to stand on its own as a replacement for a Tier A passport.
For more information on purchasing a property in Malta, check out our Malta real estate guide here. There are a series of financial requirements that must be fulfilled to apply for Malta citizenship by investment. Any dependent parents over the age of 55 years, which must be fully dependent on the main applicant. We are the one-stop solution for your business immigration and Second Citizenship / Second Passport needs. AAA Associates is a UAE based immigration services company that specializes in the most in-demand areas of immigration and Citizenship by investment field. Our highly qualified, well-trained and vastly experienced team of Immigration Lawyers, Consultants and Experts will provide you focused services as per your specific immigration and/or quick Second Citizenship needs.
Embraced by governments all around the world, the scheme offers a unique opportunity to broaden your horizons thanks to a second passport. In this article, we take you through the easiest countries to get citizenship. An investment in an approved enterprise project with a minimum investment of USD 3.5 million, plus the creation of no less than three permanent jobs. Alternatively, a joint contribution of USD 6 million , plus the creation of no fewer than six permanent jobs. Things to consider are tax rates, tax incentive schemes for new capital investment, or no double taxation agreements with other countries.
Within 90 days of the submission of an application, the CIU will notify the Agent in writing on behalf of the applicant that the application has been approved, denied or delayed for whatever reason. Applicants must invest in officially approved real estate with a value of at least USD400,00. The newly passed Citizenship Investment Programme Act of Antigua and Barbuda means that you can apply to be a citizen of Antigua and Barbuda. By virtue of this amendment, all five Caribbean citizenship by investment programmes are now allowing the addition of brothers and sisters to the same application. Foreigners that wish to purchase real estate in Antigua and Barbuda have to apply for and obtain a Non-Citizen’s Landholding License for a fee of 5% of the purchase price.
You can proudly show off a really nice passport to a country dripping in luxury and beaches rivaling those of the Cayman Islands. Put differently, it has a much higher-end vibe than Dominica but for the same price tag. CBI programs are typical of island-states and states that are otherwise overly reliant on one or two industries, thus having no other way to attract investment dollars or develop their economy. Sure, there are already programs in countries like Antigua and Barbuda, Dominica, St. Kitts and Nevis, and Grenada, but another one is great to have nonetheless. On top of all, the Whole family enjoys citizenship and is transferable to the next generation.
Investment Required Only After Approval
The Cyprus Investment Programme provides a cost efficient 6-month processing period for this route to EU citizenship without membership in the Schengen Area. With visa-free access to 133 states, Antigua & Barbuda is one of the most privileged Citizenship-by-Investment programs in the world. The Antigua & Barbuda passport allows visa-free access to the Schengen states and also enables access to the United Kingdom and to Canada.
The applicants and his family earn the same citizenship rights as the one born in Dominica, can travel visa-free or visa on arrival to more than 131+ countries, and tax-free global income. Antigua and Barbuda, the Caribbean islands with excellent natural beauty, offers one of the fastest golden visa programs available with various investment options. You will not have to pay your worldwide income tax, and you will not have any capital gains tax, property tax, or personal income tax. Antiguan’s citizenship-investment program also accepts Iranian applicants. Under the National Development Fund option, the contribution for a single applicant or a family of up to four people is USD 100,000, and the processing fee is USD 25,000. For a larger family, the NDF contribution is USD 125,000, with processing fees of USD 25,000 for the main applicant and the first three dependents.
The rules relevant to this procedure are outlined in Article 6 of Antigua and Barbuda’s citizenship law. A $250,000 investment in privilege bonds with a holding period of at least five years. The amount is non-refundable and doesn’t offer a return on investment .
Let’s look at Portugal as a country and why it makes an excellent place to become an EU citizen. Processing fees for business investors total $30,000 for a family of up to four individuals. For larger families, you’ll be required to pay an additional $15,000 per person and make a $150,000 contribution to the NDF.
Our specialists are on hand to assist you in your journey to seeking a second passport. Simply fill out the form below, and our team will get back to you with your request. There are two different routes to citizenship, which usually varies depending on the country of choice. Malta is part of the Schengen area meaning that holders of Maltese citizenship are able to travel freely within these borders.