Best Caribbean Citizenship By Investment Program
Government Donation To National Economic Fund Nef
The concerned authorities will not process applications submitted by anyone other than a licensed agent. No requirement to travel to Saint Lucia during the application process and fast processing within three months. The new COVID-19 Relief Bond issued under Saint Lucia’s Citizenship by Investment Program is a fully refundable investment guaranteed by the government of Saint Lucia after 5 years. The minimum required bond investment is US$250,000 for a family of five . The government bond option carries an administration fee of US$50,000 per application.
We keep our clients’ files in our archives which makes the process faster and easier. Alternatively, you can do it directly at the closest consulate to your country. By investing in a strong passport can increase your ability to travel to areas of the globe visa-free. Business relationships become stronger, business opportunities are easily reachable from anywhere across the globe.
Step 2: Working With Your Case Advisor, Compile Your Application Documentation And Formally Lodge Your Application
In response to the pandemic crisis, St. Kitts and Nevis has decided to reduce the required donation amount for its CIP from US$195,000 to US$150,000 until Dec. 31, 2021. This donation amount qualifies families of up to four members for passports. Jurisdictions whose economies rely largely on tourism have been hard hit and hope these easy residency alternatives will allow them to replace at least some of the tourist income they’ve lost. Dozens of CIPs are offered by jurisdictions worldwide, and now, in response to economic downturns as a consequence of the global pandemic, existing programs are being made more affordable and new ones are being launched. CI professional team will assist and advise you with the collection of the documents required by the Government. Once the file is ready for submission, Government Processing Fees, Due Diligence and CI submission invoice are payable.
Replacement and restoration of a passport within 7-14 days in case of its loss/damage/expiration without your visit to the island. We receive Police Certificates, fill out government forms, arrange notarization, translation, and apostilization of all the necessary documents, sending the package to the Citizenship by Investment Unit of Saint Lucia. The passport of Saint Lucia allows you to freely visit the Schengen countries, Great Britain, Singapore, Hong Kong.
Investment in a business, purchase of real estate, or donation to the NDF. An educated workforce and improvements in roads, communications, water supply, sewerage, and port facilities have attracted foreign investment in tourism and in petroleum storage and transshipment. St Lucia has been able to attract foreign business and investment, especially in its offshore banking and tourism industries, which is St Lucia’s main source of revenue. St Lucia tends to be popular due to its tropical weather and scenery and its numerous beaches and resorts.
The country recently enacted provisions in citizenship law starting from 2016, granting immediate citizenship to foreign investors who invest in real estate, business investment in the country. The Government has approved two real estate resorts for the purpose of citizenship by investment program. Investing a minimum of $300,000 ONLY in these approved projects will qualify for citizenship.
Why Use Ntl Trust For Your Second Citizenship Process?
The first requires a foreign national to invest 200,000 Euro into a private investment fund for a period of two years. The second option requires an investment of 400,000 euro as a direct investment into a new facility that employees at least ten people for at least one year. A North Macedonian passport provides access to 126 countries visa resident permit turkey free. Citizenship by Investment in Antigua and Barbuda is to the tune of $100,000 and has to be made in favor of the National Development Fund of Antigua and Barbuda. For the main applicant and his spouse it is $165,000, if it is a family of four then the fees is $200,000 and for dependents such as parents, it is $25,000 for each member.
The applicant must invest a minimum of $3.5 million in an enterprise. Also, there must be at least 3 jobs created by the enterprise to help your citizenship application. If you invest as a group, each member must contribute $100,000, and the total contribution should come up to $600,000.
Countries That Offer Citizenship By Investment Programmes:
Be minimum of 18 years, satisfy the basic qualifying investment under one of the four investment options. The Principal Applicant, his or her spouse and all other Dependents included in the St Lucia dual citizenship application who are over the age of 16 must pass due diligence background checks. If you are looking at different citizenship options in Europe, Bulgaria and Turkey offer citizenship against turkish citizenship by investment government bonds too! Malta golden visa is another example for using government bonds, if you want permanent residency in the schengen area. Once approved, the real estate project becomes available for qualifying investments from applicants for citizenship by investment. Second, Saint Lucia offers some of the more exotic investment options for those who don’t want to go the donation route.
- The main candidate has to prove that he/she has sufficient capital to make the necessary investment and must manifest that the legal source of these resources.
- It also allows for more business opportunities and industrial advantages.
- Already approved citizens may add dependents within five years of their application being approved.
- Of the 5 programs, the St Kitts & Nevis Citizenship by Investment Program can be the quickest option.
- This is in fact reflected by the increasing number of Afghan nationals submitting applications for second residency or citizenship.
The Saint Lucia National Economic Fund is a special vehicle created under section 33 of the St Lucia Citizenship by Investment Act for receiving nonrefundable contributions to government sponsored projects. As a result, the government is able to promote development of medical facilities, schools, local infrastructure, hurricane relief and tourism. Additionally, Saint Lucia National Economic Fund costs are tiered with the amount of the contribution depending on the number of dependents on the application. Visa-free travel to 145+ countries with dual citizenship, no residency required. Visa-free travel to 150+ countries with dual citizenship, only minimum physical stay required.
Why Choose St Lucia For Citizenship By Investment?
Up until recently, St. Kitts real estate citizenship required an investment of $400,000. This fund requires a contribution of US$150,000 from a single applicant, plus the government fee of $7,500. According to Dominica’s official government website, “In order to qualify for citizenship, you must hold authorized real estate for 3 years from the grant of citizenship.