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Reduction in Fees in the Citizenship by Investment Industry

September 4th, 2020 by

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

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.

 

Grenada

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.

 

Turkey

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

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 Programme

January 9th, 2017 by

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:

 

  1. Single applicant: $200,000
  2. 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 programme

January 9th, 2017 by

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:

 

  1. Single applicant: $100,000
  2. Single applicant and spouse: $165,000
  3. 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 Barbuda

June 4th, 2016 by

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.

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St Kitts and Nevis

Reforms of the St Kitts and Nevis citizenship programme

February 16th, 2016 by

The citizenship programme of St Kitts and Nevis has been in operation since 1984 and has been increasingly influential in accumulating foreign direct investments. St Kitts and Nevis citizenship can be acquired through a donation or investment. A donation of $250,000 or a minimum investment of $400,000 will enable investors to gain citizenship through the programme. Investment opportunities range from shares in franchise hotels and luxury real estate.

(more…)

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Grenada citizenship by investment

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