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The Truth About Caribbean Citizenship By Investment

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The Truth About Caribbean Citizenship By Investment

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Royal St Kitts Citizenship By Investment Program Cip I Hlg

St Lucia Citizenship By Investment Government Bonds

Les Khan, CEO of the St. Kitts and Nevis Citizenship program, told Bloomberg that because of the drop in tourism, the islands have had to find new “ways to create revenue,” including discounted citizenship programs. Portugal has one of the most popular Residency by Investment programs available in Europe. Portuguese residency gives the applicant and their family the opportunity to live, work and study in Portugal as well as granting visa free access to the rest of Europe. Options start from $100,000 donation or real estate investment options from $200,000.

The notice further states that the pursuant ofSt Lucia Citizenship are required to pay a non-refundable administration fee of USD 50,000for each bond. I understand $100,000 is the minimum investment entry for Caribbean Trust Citizenship Programs. Obtain second citizenship by investment of St. Lucia from the comfort of your home with no need of residing or even visiting St. Lucia. Recently, law firm the St Lucia Electricity Services Limited has signed a contract with the Spain-based solar energy company GRUPOTEC to start the construction of a 3-megawatt solar farm that will be opened in 2018. After paying the investment and fees, our lawyer in Saint Lucia receives a certificate of registration along with a passport and sends it either to one of our offices or redirects it to you.

Tax Reduction

Another common concern that people have when looking into Caribbean citizenship by investment is this idea that you always have to live in a country to be a citizen there. Despite what you may have heard, Caribbean citizenship by investment programs are 100% legit, and the passports they give you are no joke, either. Always evocative, the island welcomes visitors with soothing waves, warm beaches and hospitable people. The only sovereign nation named after a woman, the island personifies adventure and inspiration. Saint Lucia started their citizenship by investment program in 2015. This is the detailed process of applying for citizenship through CBI at Saint Lucia.

St. Lucia citizenship by investment

These governments usually spend this money on education, healthcare or infrastructure. Technically, you obtain citizenship by “donation” since you will not get your contribution back. One great benefit of living or having citizenship abroad can be the ability to minimize your tax burden.

Donation

The Citizenship by Investment program of St. Lucia requires applicants to submit and complete several forms and documents. Please note that if you want to start your application, Guide Consultants will provide you with all the forms and letters to assist and help you in your application. If you purchase non-interest bearing Government Bonds to the turkish citizenship by investment value of USD$500,000 you can apply for citizenship. If you invest more than USD$3,500,000 in an Approved Enterprise Project, you can apply for citizenship. Choose a country and the investment route you will take to gain residency and/or citizenship. Once you’ve selected a country and program, it’s time to fill out and submit the application.

St. Lucia citizenship by investment

Depending on the country, the investment amount can vary from just over $100,000 to over $2.5 million , plus applicable processing and due diligence fees. 2020 has served up a global pandemic with extreme lockdowns and travel restrictions. And just as riots and civil unrest spread across the US, fewer countries than ever allowed Americans visa-free access. The passport will then be made available for collection either in St Lucia or at an Embassy or Consulate, usually within a period of 30 days.

The advantage of a Grenada passport is that it has a visa-free waiver with both China and Russia as well as an option to apply for an E-2 treaty visa to the United States. Real estate prices in Cyprus bottomed out in 2016 after dropping more than 30% since the Great Recession. Consequently, investors who purchased a home in Cyprus around that time typically got a great deal. Some Cyprus citizenship by investment participants are now reaching the end of the 5-year holding period and will be able to sell their property at a profit. In some cases, the Cyprus property appreciated in value so much the investor will make more money than they paid in fees .

Additional qualifying dependents can be added for an additional fee of $25,000 per person, regardless of age. Key program benefits include the ability to travel visa-free to over 140+ countries worldwide, including the UK, Singapore and the EU Schengen area. The entire process, including the citizenship ceremony and passport issuance, can be completed in as little as 3 months .

See The Best Citizenship By Investment Program For Asset Protection

Now is the time to take advantage of great life style in Saint Lucia. At any given point of time, you don’t have to reside in the country. St. Lucia is part of the Commonwealth of Nations, Caribbean Community and Organization of Eastern Caribbean states. A teardrop shaped island in the eastern Caribbean, St. Lucia is an island nation with two majestic mountain peaks, the Pitons, forming the island’s most famous landmark. St. Lucia’s drive in volcano, Sulphur Springs, is also a popular tourist attraction. In addition to its quiet volcanic beaches, reef-diving sites, Pigeon Island National Park , rainforests, and waterfalls such as Toraille, it is home to fishing villages and luxurious resorts.

It provides you with additional freedom that others simply do not have. You can hop on a plane at short notice under visa-free travel arrangements, whether for business, pleasure or an unforeseen emergency situation. We can help with appeals as well – Remember, we can help you out with specific appeals if anything gets terrible in the process. Even if you appeal against government authorities, you may fail and still be rejected. In such cases, if you do not have an expert immigration consultant, you might fall into a jinx and fail to realize what to do next.

Looking To Obtain The Most Affordable Second Passport In The World? Priced From Only $100,000 And Offering Visa

Have been denied any category of visa to a country to which Saint Lucia has visa free access and been unsuccessful in subsequently obtaining visa. You are only required to pay the full amount, only after receiving “Letter of Approval” from Government. The following four types of investments qualify for citizenship in St Lucia under the citizenship-by-investment programme rules. Visa free travel to over 125 countries including United Kingdom, EU Schengen states, Switzerland, Germany etc. Mentally or physically challenged dependent children and/or parents can be included in the application. Saint Lucia’s Citizenship by Investment Program is the newest and arguably the best-positioned program in the Caribbean.

St. Lucia citizenship by investment

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