Reduction in Fees in the Citizenship by Investment IndustrySeptember 4th, 2020 by aimcapital
In response to the recent corona virus pandemic, certain governments of small island nations have implemented fee reductions to their citizenship by investment programmes.
Antigua & Barbuda
The government have a very competitive citizenship package for families larger than six individuals. A donation of $150,000 will allow a family of six to apply for citizenship in Antigua & Barbuda. Government due diligence & professional fees shall be applicable through this route.
Commonwealth of Dominca
The definition of a dependent has been expanded for the Dominica citizenship programme. Siblings of the main applicant may apply regardless of their age providing the sibling is childless and single. Adult dependents are no longer required to show proof of attendance at a institution of higher learning and no longer need to be financially supported by the main applicant. The same rules have been applied for adult dependents aged above 55.
Price reductions have been applied for family applications. The donation for a family of four has now been reduced to $175000.
Saint Lucia is offering a limited time offer through their government bond option. The government will repurchase the government bond after 5 years at the same face value you purchased the bond. In order to make the Saint Lucia programme more attractive for investors, the price for family applications has been reduced to $165,000 from $200,000.
The fee structure for the Grenada programme remains unchanged. Grenada offers investors the opportunity to apply for the E2 investor visa which offers a quick and affordable route to USA residency. New born children of Grenadian citizens may automatically acquire Grenada without having to make additional investments.
Saint Kitts & Nevis
The donation amount for a family of four has been reduced from $200,000 to $150,000. Like Grenada, investors may add their new born children to their application without making an additional investment.
The government of Turkey have received a record level of citizenship applications in 2020. The Turkish programme offers investors the opportunity to invest $250,000 in Turkish real estate or $500,000 deposit in any Turkish bank. The investors are able to resell their investment after a 3 year period and gain an attractive annual return.
Vanuatu programme offers a processing time of 1 month which is the fastest in the CBI industry. Fees through the donation option remain unchanged.
Contact our team today if you are exploring the possibility to apply for second citizenship.
Amendments for the St Kitts and Nevis Citizenship ProgrammeJanuary 9th, 2017 by aimcapital
The most established citizenship programme in the Caribbean has increased the age of dependents applying through the St Kitts and Nevis citizenship programme. Applicants up to the age of 30 can now apply as dependents as long as dependents are in full time education and fully dependent on the main applicant.
Attractive changes have also been made to the Sugar Industry Diversification Fund option, the following contribution amounts shall be applicable:
- Single applicant: $200,000
- Single applicant and up to three dependents: $300,000
An additional contribution of $25,000 will be applicable for each dependent after the third dependent. For example, the contribution amount for a main applicant applying with four dependents shall be $325,000.
Amendments for the St Lucia Citizenship programmeJanuary 9th, 2017 by aimcapital
On the 3rd of January 2017, the St Lucia citizenship programme officially became one of the most affordable citizenship programme within the Caribbean region. The contribution amount for single applicants and family applications shall be the following:
- Single applicant: $100,000
- Single applicant and spouse: $165,000
- Single applicant, spouse and up to 2 children: $190,000
Applicants for the St Lucia citizenship by investment programme will no longer require a net worth of $3,000,000 to apply for citizenship of St Lucia. The government bond option will also be relaunched with an additional government administration fee of $50,000.
Please contact us should you require further information on the programme.
The End of the Limited Time Offer in Antigua and BarbudaJune 4th, 2016 by aimcapital
Antigua and Barbuda has officially ended the limited time offer for applicants applying through the National Development Fund. Applications through the National Development Fund option will require a minimum donation of $200,000.